$255,000
SOLD MAY 30, 2025

488 Russell Rd Lawrenceville, GA 30043

3 Beds
3 Baths
2,174 Sq Ft
0.41 Acres

Recently Sold

$117 Per Sq Ft

23% Below List Price

15 Days on Market

Highlights

  • Second Kitchen
  • Great Room
  • In-Law or Guest Suite
  • Taylor Elementary School Rated A
  • No HOA
  • Patio

About This Home

As of May 2025

LOCATION.!! LOCATION.!! LOCATION.!! Imagine coming home to a spacious, versatile 3-bedroom, 3-bathroom retreat at 488 Russell Road in LawrencevilleCoa thriving community where convenience, comfort, and smart investing collide. Roofing is almost 1 year old!! From the moment you arrive, youCOll feel the potential of this home. Step inside to discover a layout designed for modern living, complete with an additional living space that can easily be converted into a rental unitCogiving you the unique opportunity to offset your mortgage while building equity. Whether youCOre a first-time buyer, a growing family, or an investor looking for a high-demand property, this home delivers unbeatable value. Location is everything, and this one nails it. Nestled in an excellent neighborhood with top-rated schools, your kids will thrive in some of Gwinnett CountyCOs best educational institutions. When itCOs time to unwind, youCOre just moments away from popular restaurants, boutique shopping, and entertainment hotspotsCoeverything you need is right at your fingertips. Plus, with easy access to major highways like I-85 and GA-316, commuting to Atlanta or neighboring cities is a breeze, making this an ideal spot for professionals and families alike. But hereCOs the real kicker: homes like this donCOt stay on the market long. The area is buzzing with activityCoactive listings are competitive, pending sales are moving fast, and recently sold comps prove strong demand. At this price point, with this much potential, hesitation isnCOt an option. This isnCOt just a house; itCOs a smart financial move wrapped in comfort and convenience. The question isnCOt why you should buy itCoitCOs how soon can you make it yours? DonCOt let this rare opportunity slip awayCoschedule your showing today before someone else beats you to it!

Last Agent to Sell the Property

Isabel Cueto

Virtual Properties Realty.com License #434591 Listed on: 05/01/2025

Virtual Properties Realty.com

Last Buyer's Agent

Lana Doan

Real Broker License #443461

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,108

Year Built

  • Built in 1984

Lot Details

  • 0.41 Acre Lot
  • Privacy Fence
  • Open Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,174 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Great Room
  • Living Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Second Kitchen
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Finished Basement

  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

  • Taylor Elementary School
  • Creekland Middle School
  • Collins Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,108

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Financing Type: Cash
  • Levels: Multi/Split
  • Lot Size Acres: .41
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2174
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave
  • Bedrooms: 3
  • Basement: Bath Finished, Finished
  • Total Finished Sq Ft: 2174
  • Above Grade Finished Sq Ft: 2174
  • Interior Amenities: In-Law Floorplan, Other
  • Full Bathrooms: 3
  • Fireplace Features: Living Room
  • Flooring: Laminate, Tile
  • Kitchen Features: Second Kitchen
  • Price Per Square Foot: 117.295

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • ExteriorFeatures: Other
  • Fencing: Privacy
  • Foundation Details: Slab
  • Lot Features: Open Lot, Private
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Heat Pump, Hot Water
  • Laundry Features: In Basement
  • Security Features: Carbon Monoxide Detector(s)
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Taylor
  • High School: Collins Hill
  • Middle School: Creekland
  • Elementary School: Taylor
  • Middle School: Creekland
  • High School: Collins Hill

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2007
Sold by
Ritchie Thomas D
Bought by
Hernandez Walter
Total Days on Market
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$85,410
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$268,049
Source: Public Records

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Range of Values:

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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
Deed $133,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $255,000 -22.7% $117 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $329,900 -- $152 / 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 $4,108 $136,840 $25,600 $111,240
2022 $3,442 $119,600 $23,200 $96,400
2021 $2,805 $87,000 $15,600 $71,400
2020 $2,824 $87,000 $15,600 $71,400
2019 $2,532 $76,720 $12,480 $64,240
2018 $2,531 $76,720 $12,480 $64,240
2016 $2,216 $59,120 $10,400 $48,720
2015 $1,750 $45,400 $10,400 $35,000
2014 -- $39,560 $10,400 $29,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10512645

Georgia MLS

APN: 7-069-058