NOT LISTED FOR SALE

3062 Ferrite Loop Lawrenceville, GA 30044

Gwinnett Place Neighborhood

Estimated Value: $333,494 - $483,000

4 Beds
2 Baths
1,862 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $299,000 $161 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,488/month

100 Days on Market

Highlights

  • Rural View
  • 1-Story Property
  • Central Heating
  • Corner Lot
  • Property is near schools
  • Garage

About This Home

As of March 2023

Wonderful investment opportunity to own a duplex in the Martin Heights neighborhood. This duplex consist of 2 Bedroom/ 1 Bath in each unit. Its a nice corner property with a level front yard and deck in the back for each unit. Also features 2 car garage and driveway for parking. 1 Unit has new flooring and the other had flooring replaced last year. This property is so convenient to many places and very desirable rental location. Don't miss opportunity to own this property.

Last Agent to Sell the Property

Mui Tran

Right Path Realty License #273625 Listed on: 10/05/2022

Last Buyer's Agent

Sazzad Hussain

Maxima Realty LLC License #381892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1977

Lot Details

  • 0.41 Acre Lot
  • Corner Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Rural Views

Parking

  • Garage
  • Driveway

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Martin Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / C
  • Assessor Parcel Number R6154 094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,100

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: L18 BC MARTIN HEIGHTS SD
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1977
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Composition
  • View: Rural

Garage/Parking

  • Parking Features: Driveway, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Natural Gas
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping
  • Subdivision Complex: Martin Heights

Schools

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

Lot Info

  • Acres: 0.4100
  • Lot: 18
  • Lot Features: Corner Lot
  • Lot Dimensions: x 270
  • Parcel Number: R6154 094
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 4100.00
  • Assessor Parcel Number: R6154-094
  • Close Date: 2023-03-10
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Bethesda
  • High School: Berkmar
  • Middle School: Sweetwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Das Pappu
Bought by
Das Namita and Das Pappu
Current Estimated Value
$390,374

Purchase Details

Listed on
Oct 5, 2022
Closed on
Mar 10, 2023
Sold by
Das Pappu
Bought by
Das Pappu and Hussain Sazzad
Seller's Agent
Mui Tran
Right Path Realty
Buyer's Agent
Sazzad Hussain
Maxima Realty LLC
List Price
$340,000
Sold Price
$299,000
Premium/Discount to List
-$41,000
-12.06%
Views
224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$224,250
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2016
Closed on
Jul 18, 2016
Sold by
Hutto Elva L
Bought by
Mehta Manish
Seller's Agent
Marta Latsis
NOT A VALID MEMBER
Buyer's Agent
Michelle Moss
Emerald Homes
List Price
$164,500
Sold Price
$154,250
Premium/Discount to List
-$10,250
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$115,687
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2006
Sold by
Scrivens Diane
Bought by
Cook Elva L

Purchase Details

Closed on
Mar 30, 2005
Sold by
Scrivens Diane
Bought by
Scrivens Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

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
Das Namita -- --
Das Pappu -- --
Das Pappu $299,000 --
Mehta Manish $154,250 --
Cook Elva L $164,500 --
Scrivens Diane -- --
Scrivens Diane $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Das Pappu $224,250
Previous Owner Mehta Manish $115,687
Previous Owner Scrivens Diane $112,800
Previous Owner Scrivens Diane $21,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $299,000 -12.1% $161 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
10/05/2022 10/05/22 For Sale $340,000 +120.4% $183 / Sq Ft
07/18/2016 07/18/16 Sold $154,250 -6.2% $83 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $164,500 -- $88 / 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
2024 $5,018 $119,600 $18,000 $101,600
2023 $5,018 $127,960 $24,800 $103,160
2022 $4,532 $108,320 $24,800 $83,520
2021 $4,100 $95,600 $19,200 $76,400
2020 $2,990 $64,520 $12,640 $51,880
2019 $2,883 $64,520 $12,640 $51,880
2018 $2,870 $64,520 $12,640 $51,880
2016 $2,415 $50,440 $10,080 $40,360
2015 $1,908 $35,720 $6,800 $28,920
2014 $1,914 $35,720 $6,800 $28,920
Source: Public Records

Agents Affiliated with this Home

  • Mui Tran

    Seller's Agent in 2023

    Mui Tran

    Right Path Realty

    (404) 932-2725

    6 in this area

    38 Total Sales

    Mui Tran
    Section Image
  • Sazzad Hussain

    Buyer's Agent in 2023

    Sazzad Hussain

    Maxima Realty LLC

    (404) 983-1564

    10 in this area

    162 Total Sales

    Sazzad Hussain
    Section Image

  • M

    Seller's Agent in 2016

    Marta Latsis

    NOT A VALID MEMBER

    Section Image
  • Michelle Moss

    Seller Co-Listing Agent in 2016

    Michelle Moss

    Emerald Homes

    (770) 822-9965

    2 in this area

    24 Total Sales

    Michelle Moss
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7124597

First Multiple Listing Service (FMLS)

APN: 6-154-094

Georgia Gwinnett County Lawrenceville 30044 Gwinnett Place

3062 Ferrite Loop, Lawrenceville, GA

This home is located at 3062 Ferrite Loop, Lawrenceville, GA 30044 since 05 October 2022 and is currently estimated at $390,374, approximately $209 per square foot. This property was built in 1977. 3062 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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