$165,000
SOLD SEP 28, 2012

3260 Smith Ridge Trace Norcross, GA 30071

3 Beds
2.5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

3% Above List Price

99 Days on Market

Highlights

  • Newly Remodeled
  • Gated Community
  • Loft
  • Paul Duke STEM High School Rated A+
  • Traditional Architecture
  • L-Shaped Dining Room

About This Home

As of June 2016

THE Best price and value in Gwinnett. Open floor plan, cook's kitchen with breakfast bar and large pantry. Great room is open to kitchen with cozy fireplace. Upstairs has large Master 2 good size secondary bedrooms and a loft. Space for everyone. Great community, well maintained, Gated. Location, Price and Value.

Last Agent to Sell the Property

Jerome Patalas

HomeSmart License #283014 Listed on: 05/05/2012

HomeSmart

Last Buyer's Agent

ROSETTA JOHNSON

NOT A VALID MEMBER License #181421

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $377

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • L-Shaped Dining Room
  • Loft
  • Attic Fan
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Schools

  • Norcross Elementary School
  • Summerour Middle School
  • Norcross High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Accessible Entrance
  • Outbuilding

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 47 / b
  • Assessor Parcel Number 3260SmithRidgeTRCE

Community Details

Overview

  • Property has a Home Owners Association
  • $300 Initiation Fee
  • Madison Ridge Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$377

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: New Construction
  • Year Built: 2012
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: High Ceilings 10 ft Lower
  • Kitchen Features: Breakfast Bar, Laminate Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Loft
  • Dining Room Features: Dining L
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Other Structures: Outbuilding
  • Roof Type: Composition, Ridge Vents

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Laundry Features: Upper Floor
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Sidewalks, Street Lights
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Madison Ridge

Schools

  • Elementary School: Norcross
  • Middle School: Summerour
  • High School: Norcross

Lot Info

  • Lot: 47
  • Land/Lot: 256
  • Section G M D: 256
  • Plat Book: 118
  • Plat Page: 105
  • Lot Features: Landscaped, Level
  • Parcel Number: 3260SmithRidgeTRCE
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Windows

Rental Info

  • Initiation Fee: 300

Tax Info

  • Taxes: 377.00
  • Assessor Parcel Number: 6-256-353
  • Close Date: 2012-09-28
  • Tax Year: 2010

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Norcross
  • High School: Norcross
  • Middle School: Summerour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 24, 2016
Sold by
Bong Lae
Bought by
Yim Bong Lae and Yim Yang Choon
Seller's Agent
Crystal Johnson
HomeSmart
Buyer's Agent
Grace Yoon
Virtual Properties Realty.com
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Total Days on Market
99
Current Estimated Value
$401,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,856
Avg. Annual Appreciation
7.91%
Original Mortgage
$179,100
Outstanding Balance
$145,153
Interest Rate
3.64%
Estimated Equity
$255,284

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 23, 2016
Sold by
Gilbert Jennifer L
Bought by
Yim Bong Lae
Seller's Agent
Crystal Johnson
HomeSmart
Buyer's Agent
Grace Yoon
Virtual Properties Realty.com
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Outstanding Balance
$145,153
Interest Rate
3.64%
Estimated Equity
$255,284

Purchase Details

Listed on
May 5, 2012
Closed on
Sep 28, 2012
Sold by
Ptl Llc
Bought by
Gilbert Jennifer L
Seller's Agent
Jerome Patalas
HomeSmart
Buyer's Agent
ROSETTA JOHNSON
NOT A VALID MEMBER
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$162,011
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $200,000 --
Warranty Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $179,100 No Value Available
Closed $179,100 No Value Available
Previous Owner $162,011 FHA
Previous Owner $132,500 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $200,000 -2.4% --
05/18/2016 05/18/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $205,000 +24.2% --
09/28/2012 09/28/12 Sold $165,000 +3.2% --
08/29/2012 08/29/12 Pending -- -- --
05/05/2012 05/05/12 For Sale $159,900 -- --
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 $1,168 $130,480 $19,600 $110,880
2022 $1,158 $130,480 $19,600 $110,880
2021 $3,102 $93,640 $14,360 $79,280
2020 $3,120 $93,640 $14,360 $79,280
2019 $2,925 $89,080 $14,000 $75,080
2018 $2,796 $82,800 $12,000 $70,800
2016 $2,421 $75,640 $12,000 $63,640
2015 $2,330 $70,360 $12,000 $58,360
2014 $2,204 $70,360 $12,000 $58,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5016726

First Multiple Listing Service (FMLS)

APN: 6-256-355