NOT LISTED FOR SALE

3112 Ferrite Loop Lawrenceville, GA 30044

Gwinnett Place Neighborhood

Estimated Value: $319,000 - $451,000

4 Beds
2 Baths
1,862 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $345,000 $185 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,539/month

About This Home

As of March 2022

Desirable and excellent location for investing in a rental property. Each unit has 2 bedrooms and 1 bath on the first level and in the basement 2 bedrooms, 1 bath and additional kitchen. These units are perfect for tenants who want to share rent or for in-laws. They are also suitable for an owner occupant in one unit and rent the other unit to pay part/all monthly mortgage payment. Also, Buyers/Investors may consider converting the property in quadruplex with adequate permits from the county/city. NO HOA

Last Listed By

MILTON LOPEZ

HomeSmart License #238945 Listed on: 12/18/2021

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,677

Year Built

  • Built in 1977

Lot Details

  • 0.41

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Additional Features

  • 2-Story Property
  • 0.41 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • Martin Heights Subdivision

Listing and Financial Details

  • The owner pays for garbage
  • Legal Lot and Block 11 / C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,677

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 01
  • Year Built: 1977
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .41
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full
  • Price Per Square Foot: 841463

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Central, Forced Air, Hot Water
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Land Lot: 11
  • Deed Book: 52570
  • Deed Page: 415

Rental Info

  • Owner Pays: Garbage

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2677

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Mar 7, 2022
Sold by
Heu Sao
Bought by
Heu Sao and Heu La
Seller's Agent
MILTON LOPEZ
HomeSmart
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Total Days on Market
0
Current Estimated Value
$384,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,466
Avg. Annual Appreciation
3.45%

Purchase Details

Listed on
Sep 11, 2013
Closed on
Sep 25, 2013
Sold by
Abdelhai Eltigani
Bought by
Davila Raul
Seller's Agent
NORMHOMES TEAM
NOT A VALID MEMBER
Buyer's Agent
MILTON LOPEZ
HomeSmart
List Price
$97,500
Sold Price
$88,000
Premium/Discount to List
-$9,500
-9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%

Purchase Details

Closed on
Sep 7, 2010
Sold by
Wells Fargo Bk Na
Bought by
Hud-Housing Of Urban Dev

Purchase Details

Closed on
May 10, 2005
Sold by
King Virgil E
Bought by
Elvira Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,325
Interest Rate
5.98%
Mortgage Type
VA

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
Heu Sao $100 --
Heu Sao $345,000 --
R D V Properties Inc -- --
Davila Raul $88,000 --
Hud-Housing Of Urban Dev -- --
Wells Fargo Bk Na $150,500 --
Elvira Juan $151,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heu La $241,500
Previous Owner Elvira Juan $149,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $345,000 -1.4% $185 / Sq Ft
02/11/2022 02/11/22 For Sale $350,000 0.0% $188 / Sq Ft
01/12/2022 01/12/22 For Sale $350,000 0.0% $188 / Sq Ft
01/06/2022 01/06/22 For Sale $350,000 0.0% $188 / Sq Ft
12/31/2021 12/31/21 For Sale $350,000 0.0% $188 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
12/18/2021 12/18/21 For Sale $350,000 +297.7% $188 / Sq Ft
09/25/2013 09/25/13 Sold $88,000 -9.7% $47 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $97,500 -- $52 / Sq Ft
Source: Georgia MLS

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 $4,878 $126,720 $24,800 $101,920
2022 $4,176 $107,320 $24,800 $82,520
2021 $3,773 $94,680 $19,200 $75,480
2020 $2,677 $63,920 $12,640 $51,280
2019 $2,581 $63,920 $12,640 $51,280
2018 $2,580 $63,920 $12,640 $51,280
2016 $2,108 $49,960 $10,080 $39,880
2015 $1,605 $35,200 $6,800 $28,400
2014 $1,612 $35,200 $6,800 $28,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    MILTON LOPEZ

    HomeSmart

    (770) 231-4787

    6 in this area

    38 Total Sales

    MILTON LOPEZ
    Section Image
  • Glenda Broker

    Buyer's Agent in 2022

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image

  • N

    Seller's Agent in 2013

    NORMHOMES TEAM

    NOT A VALID MEMBER

    (770) 274-9263

    40 Total Sales

    Section Image
  • Cynthia Reiser

    Seller Co-Listing Agent in 2013

    Cynthia Reiser

    Virtual Properties Realty

    (678) 571-3987

    2 in this area

    25 Total Sales

    Cynthia Reiser
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10009071

Georgia MLS

APN: 6-154-087

Georgia Gwinnett County Lawrenceville 30044 Gwinnett Place

3112 Ferrite Loop, Lawrenceville, GA

Homes for Sale in Lawrenceville, GA

This home is located at 3112 Ferrite Loop, Lawrenceville, GA 30044 since 18 December 2021 and is currently estimated at $384,466, approximately $206 per square foot. This property was built in 1977. 3112 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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