$1,597,421
SOLD AUG 31, 2023

5788 Suwanee Dam Rd Sugar Hill, GA 30518

12.41 Acres
$128,720 Price per Acre
540,580 Sq Ft Lot

Recently Sold

6% Below List Price

0 Day on Market

Highlights

  • 12.41 Acre Lot
  • Creek On Lot
  • Partially Wooded Lot
  • Riverside Elementary School Rated A
  • Rural View
  • 1-Story Property

About This Lot

As of August 2023

PRIME GWINNETT REAL ESTATE. Partially wooded acreage. 12.41 acres (preliminary lot plan of approx. 33 lots). Accessible drainage and sewer available. Property surrounded by high-end residential properties, great schools, shopping, parks, entertainment, recreation. Close access to I85, GA 400. Near Lake Lanier, Buford Dam, Property has engineering survey, wetland study and preliminary lot plan, possible annexation into Sugar Hill, property borders current city limit.

Last Agent to Sell the Property

Jeffrey Taylor

Coldwell Banker Realty License #362891 Listed on: 08/22/2022

Coldwell Banker Realty

Last Buyer's Agent

Barry Major

Major and Arroll,LLC. License #117412

Property Details

Property Type

  • Land

Lot Details

  • 12.41 Acre Lot
  • Property fronts a private road
  • Property fronts a state road
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Landscaped with Trees

Interior Spaces

  • 1-Story Property
  • Rural Views

Outdoor Features

  • Creek On Lot

Schools

  • Riverside - Gwinnett Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Listing and Financial Details

  • Assessor Parcel Number R7340 040

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: .
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Unimproved Land
  • Current Classification: Undeveloped/Zoned Residential
  • Property Condition: Resale
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • View: Rural

Schools

  • Elementary School: Riverside - Gwinnett
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Acres: 12.4100
  • Timber: Mixed
  • Possible Use: Residential
  • Current Zoning: Res
  • Deed Book: 43473
  • Deed Page: 109
  • Plat Book: 91
  • Plat Page: 278
  • Current Use: Agricultural, Residential, Timber, Vacant
  • Lot Features: Creek On Lot, Rolling Slope, Sloped
  • Parcel Number: R7340 040
  • Price Acre Dollar: 128720.47
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: R7340-040
  • Close Date: 2023-08-31
  • Tax Year: 2019

MLS Schools

  • Elementary School: Riverside - Gwinnett
  • High School: North Gwinnett
  • Middle School: North Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Aug 31, 2023
Sold by
Zimmer Bernard R
Bought by
4Rnj3 Llc
Seller's Agent
Jeffrey Taylor
Coldwell Banker Realty
Buyer's Agent
Barry Major
Major and Arroll,LLC.
List Price
$1,700,000
Sold Price
$1,597,421
Premium/Discount to List
-$102,579
-6.03%
Views
299
Current Estimated Value
$1,509,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,796
Avg. Annual Appreciation
-2.66%

Purchase Details

Closed on
Jun 29, 2005
Sold by
Sells Eugene E and Sells Wanda
Bought by
Precision Design & Dev Co Inc
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 Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $1,597,421 --
Deed $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $1,597,421 -6.0% --
08/22/2022 08/22/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $1,700,000 -- --
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 -- $461,160 $270,960 $190,200
2023 $8,366 $461,160 $270,960 $190,200
2022 $1,667 $326,400 $150,880 $175,520
2021 $1,668 $326,400 $150,880 $175,520
2020 $1,666 $326,400 $150,880 $175,520
2019 $1,625 $208,880 $95,880 $113,000
2018 $1,604 $208,880 $95,880 $113,000
2016 $1,633 $208,880 $95,880 $113,000
2015 $4,104 $208,880 $95,880 $113,000
2014 -- $256,000 $85,600 $170,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7103345

First Multiple Listing Service (FMLS)

APN: 7-340-040