NOT LISTED FOR SALE

638 Telfair Ct Suwanee, GA 30024

Estimated Value: $390,000 - $466,000

4 Beds
4 Baths
2,112 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $178,000 $84 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,712/month

Highlights

  • Private Lot
  • Walnut Grove Elementary School Rated A
  • Forced Air Heating System

About This Home

As of November 2016

The best deal for a multi-family investment opportunity in Suwanee! Wonderful area, close to shopping, restaurants and I-85. Huge corner lot! Excellent tenants in place! Both units in great condition- no showings until due diligence please.

Last Listed By

Melissa Reed

Piedmont Residential Realty, LLC. License #281304 Listed on: 10/07/2016

Piedmont Residential Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Private Lot
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway

Schools

  • Walnut Grove - Gwinnett Elementary School
  • Creekland - Gwinnett Middle School
  • Collins Hill High School

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Jackson Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number R7126 088
  • Tax Block A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,244

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1985
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Electric, Forced Air

Condo/Co-op/Association

  • Community Features: Street Lights
  • Subdivision Complex: Jackson Square

Schools

  • Elementary School: Walnut Grove - Gwinnett
  • Middle School: Creekland - Gwinnett
  • High School: Collins Hill

Lot Info

  • Acres: 1.0000
  • Lot Features: Corner Lot, Level, Private
  • Parcel Number: R7126 088
  • Property Attached Yn: No

Multi Family

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

Tax Info

  • Taxes: 2244.00
  • Assessor Parcel Number: R7126-088
  • Close Date: 2016-11-22
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Walnut Grove - Gwinnett
  • High School: Collins Hill
  • Middle School: Creekland - Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2017
Sold by
Shen Brian
Bought by
Abcd Fami Properties Llc
Total Days on Market
0
Current Estimated Value
$419,407

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 9, 2016
Sold by
Christopher D
Bought by
Shen Brian and Lai Alice Y
Seller's Agent
Melissa Reed
Piedmont Residential Realty, LLC.
Buyer's Agent
Melissa Reed
Piedmont Residential Realty, LLC.
List Price
$189,900
Sold Price
$178,000
Premium/Discount to List
-$11,900
-6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Aug 13, 2012
Sold by
Kimfam Investments Llc
Bought by
Togerson Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2012
Sold by
Gravell James R
Bought by
Kim Fam Investments Llc

Purchase Details

Closed on
Jun 3, 2003
Sold by
Fligg Anne S
Bought by
Gravell Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.29%
Mortgage Type
Stand Alone Second

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
Abcd Fami Properties Llc -- --
Shen Brian $178,000 --
Togerson Christopher D $84,000 --
Kim Fam Investments Llc $61,000 --
Gravell Joseph $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Togerson Christopher D $63,000
Previous Owner Gravell Joseph S $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $178,000 -6.3% $84 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $189,900 0.0% $90 / Sq Ft
02/22/2016 02/22/16 Rented $750 0.0% --
02/22/2016 02/22/16 For Rent $750 0.0% --
06/11/2015 06/11/15 Rented $750 0.0% --
06/11/2015 06/11/15 For Rent $750 +7.9% --
12/23/2013 12/23/13 Rented $695 0.0% --
12/23/2013 12/23/13 Under Contract -- -- --
10/17/2013 10/17/13 For Rent $695 -- --
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
2023 $4,502 $108,760 $24,000 $84,760
2022 $4,414 $108,760 $24,000 $84,760
2021 $3,502 $82,280 $17,000 $65,280
2020 $3,517 $82,280 $17,000 $65,280
2019 $3,152 $75,200 $17,000 $58,200
2018 $3,140 $75,200 $17,000 $58,200
2016 $2,360 $51,840 $10,000 $41,840
2015 $2,244 $47,840 $6,000 $41,840
2014 -- $47,840 $6,000 $41,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5759388

First Multiple Listing Service (FMLS)

APN: 7-126-088