NOT LISTED FOR SALE

2991 Ferrite Loop Lawrenceville, GA 30044

Gwinnett Place Neighborhood

Estimated Value: $316,152 - $451,000

4 Beds
2 Baths
1,852 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $195,000 $105 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,627/month

32 Days on Market

Highlights

  • Corner Lot
  • Brick Front
  • Forced Air Heating System

About This Home

As of August 2018

Calling all Investors!!! Check out this well maintained, income producing property in Martin Heights. Great Schools in a highly desireable area. Two 2/1 units, both with long-term tenants in place. Newer Windows with Liftetime Warranty! Newer Appliances! Meticulously maintained! Standing Crawl Space with ample room for storage or workshop! Showings will be permitted in DUE DILIGENCE only. CASH encouraged.

Last Listed By

JOY HAIK

Homesmart Realty Partners License #369226 Listed on: 06/15/2018

Homesmart Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 1975

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 123x156x104x149
  • Corner Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Front

Schools

  • Bethesda Elementary School
  • Sweetwater Middle School
  • Berkmar High School

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Martin Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / A
  • Assessor Parcel Number R6154 033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,644

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1975
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Brick Front

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air

Condo/Co-op/Association

  • Subdivision Complex: Martin Heights

Schools

  • Elementary School: Bethesda
  • Middle School: Sweetwater
  • High School: Berkmar

Lot Info

  • Acres: 0.5000
  • Lot: 11
  • Land/Lot: 154
  • Deed Book: 51024
  • Deed Page: 412
  • Lot Features: Corner Lot, Level
  • Lot Dimensions: 123x156x104x149
  • Parcel Number: R6154 033
  • Property Attached Yn: No

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1644.00
  • Assessor Parcel Number: R6154-033
  • Close Date: 2018-08-15
  • Tax Year: 2017

MLS Schools

  • Elementary School: Bethesda
  • High School: Berkmar
  • Middle School: Sweetwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 15, 2018
Sold by
Simoneau Joyce B
Bought by
Zahed Mohammed and Zahed Mahbuba
Seller's Agent
JOY HAIK
Homesmart Realty Partners
Buyer's Agent
STEPHANIE FINLEY
HomeSmart
List Price
$195,000
Sold Price
$195,000
Total Days on Market
32
Current Estimated Value
$402,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,288
Avg. Annual Appreciation
11.07%
Original Mortgage
$95,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2011
Sold by
Memon Properties Inc
Bought by
Simoneau Joyce B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,625
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2010
Sold by
Davidson Camey
Bought by
Memon Properties Inc

Purchase Details

Closed on
Jan 18, 2005
Sold by
Pincus Jules and Pincus Rae
Bought by
Davidson Camey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,365
Interest Rate
8.15%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zahed Mohammed $195,000 --
Simoneau Joyce B $75,000 --
Memon Properties Inc $46,751 --
Davidson Camey $136,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zahed Mohammed $95,000
Previous Owner Simoneau Joyce B $55,625
Previous Owner Davidson Camey $116,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $195,000 0.0% $105 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $195,000 0.0% $105 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $195,000 -- $105 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,756 $115,440 $24,800 $90,640
2022 $0 $95,160 $24,800 $70,360
2021 $2,603 $86,360 $19,200 $67,160
2020 $2,603 $58,200 $12,640 $45,560
2019 $2,603 $58,200 $12,640 $45,560
2018 $2,282 $58,200 $12,640 $45,560
2016 $1,630 $29,720 $10,000 $19,720
2015 $1,641 $29,720 $6,800 $22,920
2014 -- $22,000 $6,000 $16,000
Source: Public Records

Agents Affiliated with this Home

  • JOY HAIK

    Seller's Agent in 2018

    JOY HAIK

    Homesmart Realty Partners

    (850) 777-6787

    2 Total Sales

    JOY HAIK
    Section Image

  • S

    Buyer's Agent in 2018

    STEPHANIE FINLEY

    HomeSmart

    (678) 640-7097

    6 Total Sales

    STEPHANIE FINLEY
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6025563

First Multiple Listing Service (FMLS)

APN: 6-154-033

Georgia Gwinnett County Lawrenceville 30044 Gwinnett Place

2991 Ferrite Loop, Lawrenceville, GA

Homes for Sale in Lawrenceville, GA

This home is located at 2991 Ferrite Loop, Lawrenceville, GA 30044 since 15 June 2018 and is currently estimated at $402,288, approximately $217 per square foot. This property was built in 1975. 2991 Ferrite Loop is a home located in Gwinnett County with nearby schools including Bethesda Elementary School, Sweetwater Middle School, and Berkmar High School.

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