NOT LISTED FOR SALE

721 Summit Ct SE Gainesville, GA 30501

Newtown Neighborhood

Estimated Value: $144,000 - $178,000

2 Beds
1 Bath
672 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $37,100 $55 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $976/month

83 Days on Market

Highlights

  • Bungalow
  • Four Sided Brick Exterior Elevation
  • Level Lot
  • 1-Story Property
  • Ceiling Fan
  • Carpet

About This Home

As of May 2014

HUD OWNED! REDUCED! BID NOW!!! EQUAL HOUSING OPPORTUNITY 2BED 1 BATH- 4 SIDES BRICK GEM! THIS HOME OFFERS A LARGE LIVING ROOM AND CONVENIENT LOCATION TO SHOPPING, HIGHWAYS, AND DOWNTOWN GAINESVILLE. WILL NOT LAST! FHA INSURED WITH ESCROW (IE) SOLD AS - IS

Last Agent to Sell the Property

DAVID EVANS

NOT A VALID MEMBER License #281803 Listed on: 02/08/2014

Last Buyer's Agent

Holly Greene

NOT A VALID MEMBER License #180986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $372

Year Built

  • Built in 1935

Lot Details

  • 3,920

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Crawl Space
  • Laundry in Kitchen

Kitchen

  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Gainesville Exploration Academy Elementary School
  • Gainesville Middle School
  • Gainesville High School

Additional Features

  • Level Lot
  • Gas Water Heater

Community Details

  • Queenie Jones Subdivision

Listing and Financial Details

  • Assessor Parcel Number 721SummitCTSE

Home Details

Home Type

Single Family

Est. Annual Taxes

$372

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Condition: Resale
  • Year Built: 1935
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Appliances: Gas Water Heater
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 672.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s)
  • Laundry Features: In Kitchen

Condo/Co-op/Association

  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Queenie Jones

Schools

  • Elementary School: Gainesville Exploration Academy
  • Middle School: Gainesville
  • High School: Gainesville

Lot Info

  • Lot Features: Level
  • Lot Dimensions: .09
  • Parcel Number: 721SummitCTSE
  • Property Attached Yn: No

Tax Info

  • Taxes: 372.00
  • Assessor Parcel Number: 01-00021-04-015
  • Close Date: 2014-05-22
  • Tax Year: 2012

MLS Schools

  • Elementary School: Gainesville Exploration Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2019
Sold by
Eddie Martin K
Bought by
Gerrald & Lee Properties Llc
Current Estimated Value
$161,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2015
Sold by
E K Martin Sr Properties Llc
Bought by
Martin Eddie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,715
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 8, 2014
Closed on
May 22, 2014
Sold by
Secretary Of Housing And U
Bought by
E K Martin Sr Properties Llc
Seller's Agent
DAVID EVANS
NOT A VALID MEMBER
Buyer's Agent
Holly Greene
NOT A VALID MEMBER
List Price
$42,800
Sold Price
$37,100
Premium/Discount to List
-$5,700
-13.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%

Purchase Details

Closed on
Aug 7, 2012
Sold by
Branch Banking And Trust C
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Mar 31, 2004
Sold by
Martin Eddie K
Bought by
Njikang Glines J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.53%

Purchase Details

Closed on
May 20, 2002
Sold by
Nivens J Allen
Bought by
Roving Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,190
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 1997
Sold by
Martin Eddie K
Bought by
Martin John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,122
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1997
Sold by
Butts Jesse W
Bought by
Martin Eddie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,182
Interest Rate
7.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gerrald & Lee Properties Llc $50,000 --
Martin Eddie K $165,000 --
E K Martin Sr Properties Llc $37,100 --
Secretary Of Housing And Urban $94,789 --
Branch Banking And Trust Co $94,789 --
Njikang Glines J $24,000 --
Roving Properties Llc -- --
Nivens J Allen $143,000 --
Martin John Michael $35,000 --
Martin Eddie K $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gerrald & Lee Properties Llc $42,500
Previous Owner Martin Eddie K $161,715
Previous Owner Martin Eddie K $165,000
Previous Owner E K Martin Sr Properties Llc $296,000
Previous Owner Njikang Glines J $17,180
Previous Owner Njikang Glines J $86,996
Previous Owner Njikang Glines J $97,700
Previous Owner Njikang Glines J $100,000
Previous Owner Nivens J Allen $125,190
Previous Owner Martin John Michael $106,000
Previous Owner Martin John Michael $39,122
Previous Owner Martin Eddie K $37,182
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2014 05/22/14 Sold $37,100 -13.3% $55 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $42,800 -- $64 / Sq Ft
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 $1,083 $37,800 $6,640 $31,160
2023 $165 $41,200 $4,360 $36,840
2022 $141 $29,840 $4,360 $25,480
2021 $140 $26,960 $4,360 $22,600
2020 $601 $25,760 $4,360 $21,400
2019 $1,034 $33,880 $4,760 $29,120
2018 $145 $24,480 $4,160 $20,320
2017 $132 $19,677 $4,160 $15,517
2016 $607 $20,037 $4,520 $15,517
2015 $107 $17,637 $2,520 $15,117
2014 $107 $17,637 $2,520 $15,117
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    DAVID EVANS

    NOT A VALID MEMBER

  • H

    Buyer's Agent in 2014

    Holly Greene

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5248206

First Multiple Listing Service (FMLS)

APN: 01-00021-04-015

Georgia Hall County Gainesville 30501 Newtown

721 Summit Ct SE, Gainesville, GA

This home is located at 721 Summit Ct SE, Gainesville, GA 30501 since 08 February 2014 and is currently estimated at $161,748, approximately $240 per square foot. This property was built in 1935. 721 Summit Ct SE is a home located in Hall County with nearby schools including Fair Street International Baccalaureate World School, Gainesville Middle School, and Gainesville High School.

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