NOT LISTED FOR SALE

3609 Morgans Ridge Ct Buford, GA 30519

Estimated Value: $489,000 - $621,000

4 Beds
5 Baths
2,835 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $525,000 $185 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,851/month

About This Home

As of August 2023

This elegant custom built home with newly installed LVP floors throughout and on 1900 sqft basement, is nestled on almost one acre professionally landscaped cul-de-sac lot. Located in a quiet and highly sought after neighborhood in Gwinnett’s top rated and new Seckinger High School district. Upon entering the main level of this home, a soaring two-story foyer opens to a spacious living room with high ceiling, built in shelves and a cozy fireplace. The open concept kitchen has stainless steel appliances, rolling island, and a view to the living room, large fenced backyard and wrap-around deck - perfect for entertaining family and friends. The spacious primary bedroom has gorgeous double-tray ceiling and a private bathroom with vaulted ceiling, soaking tub, separate shower and two walk-in closets. Main level also has a half bath, formal dining room, office space and spacious laundry room with washer and dryer included. There are two interior staircases that take you to the upper level of this home; one near the entrance leads to two large sized secondary bedrooms with walk-in closets, separate vanities and access to a shared bathroom while the second staircase by the kitchen leads to an oversized secondary bedroom and full bathroom. The terrace level with newly installed HVAC is very spacious with a full bathroom and three bonus rooms for guests, game or media room, gym, home office, storage etc. Home is only a few minutes drive to highways (I-85 & I-985), restaurants, grocery stores, hospitals, downtown Buford, Mall of Georgia, Lake Lanier, Buford Corn Maze, and many other attractions & parks. Tenant is responsible for all utilities, lawn care and pest control. Renters insurance required. All adult occupants (18+) must complete an application. One small pet less than 20lbs allowed (non-refundable fee: $300). No smoking. No prior eviction. No criminal record. Good credit score. Gross monthly household income of at least 3 x Rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Aug 22, 2023
Sold by
Blair Stephanie J
Bought by
Oladipo Omotola
Seller's Agent
Lakeisha Lee
HomeSmart
Buyer's Agent
Bolade Fadahunsi
Virtual Properties Realty. Biz
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%
Views
117
Current Estimated Value
$573,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,560
Avg. Annual Appreciation
4.02%
Original Mortgage
$267,500
Outstanding Balance
$262,694
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$301,530

Purchase Details

Listed on
Jul 10, 2023
Closed on
Aug 9, 2023
Sold by
Thornsberry Michael A
Bought by
Blair Stephanie J
Seller's Agent
Lakeisha Lee
HomeSmart
Buyer's Agent
Bolade Fadahunsi
Virtual Properties Realty. Biz
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Outstanding Balance
$262,694
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$301,530

Purchase Details

Closed on
Aug 2, 2016
Sold by
Michael A
Bought by
Blair Stephanie J

Purchase Details

Listed on
May 17, 2013
Closed on
Aug 30, 2013
Sold by
Smith Mike
Bought by
Thornsberry Michael A and Blair Stephanie J
Seller's Agent
Roger Lazzarino
NOT A VALID MEMBER
Buyer's Agent
SUSAN CRAIG
Chapman Hall Professionals
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$159,920
Interest Rate
4.37%

Purchase Details

Closed on
Jun 25, 1999
Sold by
R G Cloer Enterprises Inc
Bought by
Smith Jack and Smith Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,400
Interest Rate
7.13%
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
Oladipo Omotola $525,000 --
Blair Stephanie J -- --
Blair Stephanie J -- --
Thornsberry Michael A $199,900 --
Smith Jack $234,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Stephanie J $267,500
Previous Owner Thornsberry Michael A $159,920
Previous Owner Smith Jack M $40,000
Previous Owner Smith Jack M $244,000
Previous Owner Smith Jack M $20,000
Previous Owner Smith Jack $211,400
Previous Owner Rg Cloer Enterprises Inc $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Rented $3,000 0.0% --
11/11/2023 11/11/23 Under Contract -- -- --
10/20/2023 10/20/23 Price Changed $3,000 -6.3% $1 / Sq Ft
10/12/2023 10/12/23 Price Changed $3,200 -3.0% $1 / Sq Ft
09/15/2023 09/15/23 For Rent $3,300 0.0% --
08/22/2023 08/22/23 Sold $525,000 -2.8% $185 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $539,900 +170.1% $190 / Sq Ft
08/30/2013 08/30/13 Sold $199,900 0.0% $71 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $199,900 -- $71 / Sq Ft

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 $7,868 $213,600 $40,800 $172,800
2022 $6,924 $184,400 $36,000 $148,400
2021 $5,598 $144,640 $29,080 $115,560
2020 $5,508 $141,240 $27,120 $114,120
2019 $4,889 $129,400 $21,200 $108,200
2018 $4,897 $129,400 $21,200 $108,200
2016 $3,736 $117,440 $19,200 $98,240
2015 $3,766 $117,440 $19,200 $98,240
2014 -- $79,960 $16,000 $63,960
Source: Public Records

Agents Affiliated with this Home

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