NOT LISTED FOR SALE

4078 Westbrook Rd Suwanee, GA 30024

Estimated Value: $1,312,000 - $1,347,000

4.62 Acres
$288,527 Price per Acre
201,247 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $575,000

Est. 132% increase in value since last sale

Current estimated payment $7,387/month

Highlights

  • City View
  • 4.62 Acre Lot
  • Front Yard Fenced
  • Roberts Elementary School Rated A
  • Ranch Style House
  • Level Lot

About This Lot

As of February 2022

AMAZING LOCATION ** GREAT FOR INVESTMENT ** WALK TO SCHOOL, LOCAL AMENITIES WHILE ENJOYING PRIVACY **
THERE IS AN EXISTING FARM HOUSE THAT NEEDS UPDATING **

Last Agent to Sell the Property

Tam Nguyen

VSN Realty, LLC. License #244435 Listed on: 10/29/2021

Last Buyer's Agent

Stan Jones

Virtual Properties Realty.com License #294180

Virtual Properties Realty.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,633

Year Built

  • Built in 1950

Lot Details

  • 4.62 Acre Lot
  • Front Yard Fenced
  • Level Lot

Property Views

  • City Views

Home Design

  • Ranch Style House
  • Fixer Upper

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Roberts Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Listing and Financial Details

  • Assessor Parcel Number R7233 003
  • Tax Block R

Property Details

Property Type

Land

Est. Annual Taxes

$3,633

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Property Condition: Fixer Upper
  • Year Built: 1950
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Other

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Fencing: Fenced, Front Yard
  • View: City

Schools

  • Elementary School: Roberts
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Acres: 4.6200
  • Current Use: Vacant
  • House On Property: Yes
  • Lot Features: Level
  • Lot Dimensions: x 0
  • Parcel Number: R7233 003
  • Price Acre Dollar: 124458.87
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 3633.00
  • Assessor Parcel Number: R7233-003
  • Close Date: 2022-02-28
  • Tax Year: 2020

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Roberts
  • High School: North Gwinnett
  • Middle School: North Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Arkan Westbrook Llc
Bought by
Lee Ja Kyung
Current Estimated Value
$1,332,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$376,378
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$956,616

Purchase Details

Closed on
Apr 17, 2024
Sold by
Arkan Westbrook Llc
Bought by
El Amar Engineering & Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,357
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2021
Closed on
Feb 28, 2022
Sold by
White Phoenix Properties Llc
Bought by
Arkan Westbrook Llc
Seller's Agent
Tam Nguyen
VSN Realty, LLC.
Buyer's Agent
Stan Jones
Virtual Properties Realty.com
List Price
$517,500
Sold Price
$575,000
Premium/Discount to List
$57,500
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.56%

Purchase Details

Closed on
Nov 14, 2011
Sold by
Nelms Mabry Ercelle Suc Tr
Bought by
White Phoenix Properties Llc
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
Lee Ja Kyung $1,310,000 --
El Amar Engineering & Construction Inc -- --
Arkan Westbrook Llc $575,000 --
White Phoenix Properties Llc $212,685 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ja Kyung $380,000
Previous Owner Chand Rohin $794,400
Previous Owner Arkan Westbrook Llc $732,357
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $575,000 +11.1% --
12/01/2021 12/01/21 For Sale $517,500 0.0% --
11/01/2021 11/01/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $517,500 -- --
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 $4,161 $119,240 $119,240 --
2023 $4,161 $119,240 $119,240 $0
2022 $3,151 $90,040 $66,440 $23,600
2021 $3,214 $90,040 $66,440 $23,600
2020 $3,633 $90,040 $66,440 $23,600
2019 $2,567 $65,520 $42,160 $23,360
2018 $2,577 $65,520 $42,160 $23,360
2016 $2,574 $65,520 $42,160 $23,360
2015 $2,604 $65,520 $42,160 $23,360
2014 $3,065 $76,920 $59,600 $17,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6964122

First Multiple Listing Service (FMLS)

APN: 7-233-003