$520,000

501 Timber Ridge Ct Lawrenceville, GA 30046

Estimated payment $3,245/month

Total Views 17,999
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Neighborhood Views
  • Double Pane Windows
  • Four Sided Brick Exterior Elevation
  • Cul-De-Sac
  • 1-Story Property
  • Luxury Vinyl Tile Flooring

About This Home

Excellent investment opportunity! This income-producing property features long-term tenants and a solid 4-sided brick building. Each spacious unit offers 2 bedrooms and 2 baths. With no HOA fees and strong cash flow, this property is a great addition to any portfolio. Please do not disturb tenants—. Conveniently located near Hwy 316 and downtown Lawrenceville, with easy access to hospitals, restaurants, schools, parks, and shopping.

Listing Agent

Andrew Peters

Real Broker, LLC. License #342179 Listed on: 08/18/2025

Real Broker, LLC.

Co-Listing Agent

Linda Ngo

Real Broker, LLC. License #409039

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,691

Year Built

  • Built in 1986

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Luxury Vinyl Tile Flooring
  • Neighborhood Views

Parking

  • 4 Parking Spaces
  • Driveway Level

Schools

  • Simonton Elementary School
  • Jordan Middle School
  • Central Gwinnett High School

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Forest East Subdivision

Listing and Financial Details

  • Assessor Parcel Number R5148 296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,691

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1986
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Luxury Vinyl
  • Window Features: Double Pane Windows

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Forest East

Schools

  • Elementary School: Simonton
  • Middle School: Jordan
  • High School: Central Gwinnett

Lot Info

  • Acres: 0.3200
  • Lot Features: Cul-De-Sac, Level
  • Lot Dimensions: x
  • Parcel Number: R5148 296
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 5691.00
  • Assessor Parcel Number: R5148-296
  • Tax Year: 2024

MLS Schools

  • Elementary School: Simonton
  • High School: Central Gwinnett
  • Middle School: Jordan

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,691 $177,840 $17,600 $160,240
2023 $5,691 $122,480 $17,600 $104,880
2022 $1,908 $122,480 $17,600 $104,880
2021 $1,950 $59,440 $12,400 $47,040
2020 $2,133 $59,440 $12,400 $47,040
2019 $2,128 $59,440 $12,400 $47,040
2018 $1,724 $49,360 $10,800 $38,560
2016 $1,732 $49,360 $10,800 $38,560
2015 $853 $24,000 $4,800 $19,200
2014 $860 $24,000 $4,800 $19,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $520,000 +16.1% --
07/06/2023 07/06/23 Sold $447,898 -0.4% $203 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $449,900 -- $204 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $447,898 --
Warranty Deed -- --
Foreclosure Deed $30,001 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $335,923 New Conventional
Previous Owner $127,100 Stand Alone Second
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7634537

First Multiple Listing Service (FMLS)

APN: 5-148-296

Georgia Gwinnett County Lawrenceville 30046

501 Timber Ridge Ct, Lawrenceville, GA

This home is located at 501 Timber Ridge Ct, Lawrenceville, GA 30046 and is currently priced at $520,000. This property was built in 1986. 501 Timber Ridge Ct is a home located in Gwinnett County with nearby schools including Margaret Winn Holt Elementary School, Moore Middle School, and Central Gwinnett High School.

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Andrew Peters
Listing Agent
Andrew Peters
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Real Broker, LLC.
(770) 403-9287