NOT LISTED FOR SALE

3603 Gainesway Trace Duluth, GA 30096

Estimated Value: $356,000 - $406,000

3 Beds
2.5 Baths
1,659 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $360,000 $217 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,659/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Central Air
  • Duluth High School Rated A
  • Community Pool
  • Back Yard

About This Home

As of July 2022

No rental restrictions!
Location, location, location!!! Two story townhome in an extremely convenient location in Duluth. Open floor plan, kitchen overlooks a huge family room with fireplace. New roof, new paint, new HVAC and lots of extras! Walking distance to groceries, restaurants and elementary school in the heart of Duluth! Large master bedroom and 2 additional bedrooms upstairs.  The HOA dues include lawn care, water/sewer, trash, and pool maintenance.  Walking distance to local shopping, dining, & entertainment. Easily accessible from the I-85 interstate. Income property for Investors. Easy maintenance. Level driveway. Ready to move in!

Last Agent to Sell the Property

DONGHE LI

Atlanta Realty Global, LLC. License #411513 Listed on: 06/25/2022

Atlanta Realty Global, LLC.

Last Buyer's Agent

Dallwon Suh

Choice Realty License #182927

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2002

Lot Details

  • 1,742 Sq Ft Lot
  • Property fronts a private road
  • Two or More Common Walls
  • Back Yard

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,659 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Chesney Elementary School
  • Duluth Middle School
  • Duluth High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0231
  • Assessor Parcel Number R6231 179

Community Details

Overview

  • 118 Units
  • Association Phone (800) 522-6314
  • Reynolds Walk Subdivision
  • FHA/VA Approved Complex

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 2002

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: UNIT 99 BLD 20 REYNOLDS WALK#3
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1659.00
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Refrigerator, Washer, Dryer
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Square Footage: 1659.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Roof Type: Shingle
  • Foundation: Slab

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Upper Floor
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Electric: 220 Volts in Garage

Condo/Co-op/Association

  • HOA Fee Includes: Water, Sewer
  • Community Features: Pool
  • Association Fee: 230
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 800-522-6314
  • Subdivision Complex: REYNOLDS WALK

Association/Amenities

  • Number Of Units In Community: 118

Schools

  • Elementary School: Chesney
  • Middle School: Duluth
  • High School: Duluth

Lot Info

  • Acres: 0.0400
  • Lot: 0231
  • Land/Lot: 0231
  • Plat Book: 50624
  • Plat Page: 301
  • Lot Features: Back Yard
  • Parcel Number: R6231 179
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 289185.00
  • Assessor Parcel Number: R6231-179
  • Close Date: 2022-07-29
  • Tax Year: 2022

MLS Schools

  • Elementary School: Chesney
  • High School: Duluth
  • Middle School: Duluth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Jul 29, 2022
Sold by
Yu Michael J B
Bought by
Yi Eun Mee
Seller's Agent
DONGHE LI
Atlanta Realty Global, LLC.
Buyer's Agent
Dallwon Suh
Choice Realty
List Price
$345,000
Sold Price
$360,000
Premium/Discount to List
$15,000
4.35%
Current Estimated Value
$377,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,102
Avg. Annual Appreciation
1.70%
Original Mortgage
$270,000
Outstanding Balance
$260,190
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$119,511

Purchase Details

Closed on
Mar 8, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Yu Michael J B

Purchase Details

Closed on
Sep 7, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 11, 2008
Sold by
Hud-Housing Of Urban Dev
Bought by
Goizueta Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2007
Sold by
Wells Fargo Bank Na
Bought by
Hud-Housing Of Urban Dev

Purchase Details

Closed on
Jun 23, 2006
Sold by
Delorenza Stephano
Bought by
David Investment Group

Purchase Details

Closed on
Mar 14, 2003
Sold by
Pulte Home Corp
Bought by
Delorenza Stephano A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,900
Interest Rate
5.86%
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 Buyer Sale Price Title Company
Yi Eun Mee $360,000 --
Yu Michael J B $112,888 --
Federal Home Loan Mortgage Corporation -- --
Bac Home Loans Servicing Lp $148,984 --
Goizueta Miguel -- --
Hud-Housing Of Urban Dev -- --
Wells Fargo Bank Na $173,350 --
David Investment Group -- --
Delorenza Stephano A $154,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi Eun Mee $270,000
Previous Owner Goizueta Miguel $159,200
Previous Owner Delorenza Stephano A $150,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $360,000 +4.3% $217 / Sq Ft
06/25/2022 06/25/22 For Sale $345,000 -- $208 / 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 $5,260 $139,280 $21,600 $117,680
2023 $5,260 $139,280 $21,600 $117,680
2022 $3,509 $120,640 $16,800 $103,840
2021 $2,892 $88,640 $14,400 $74,240
2020 $2,911 $88,640 $14,400 $74,240
2019 $2,834 $88,640 $14,400 $74,240
2018 $2,588 $77,240 $14,400 $62,840
2016 $2,524 $63,880 $12,000 $51,880
2015 $2,309 $56,960 $11,200 $45,760
2014 -- $51,000 $8,000 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7072879

First Multiple Listing Service (FMLS)

APN: 6-231-179