NOT LISTED FOR SALE

721 Summit Ct SE Gainesville, GA 30501

Newtown Neighborhood

Estimated Value: $126,000 - $203,000

2 Beds
1 Bath
672 Sq Ft
$258/Sq Ft Est. Value

Last Sold May 22, 2014

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

Est. 367% increase in value since last sale

Current estimated payment $1,002/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

3,920 Sq Ft Lot

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

Lot Info

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

Tax Info

  • Taxes: 372.00
  • 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
$173,420

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
$165,000
Interest Rate
4.08%
Mortgage Type
New Conventional

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
13.96%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $165,000
Previous Owner Njikang Glines J $100,000
Previous Owner Nivens J Allen $125,190
Previous Owner Martin John Michael $39,122
Previous Owner Martin Eddie K $37,182
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $1,302 $45,800 $7,520 $38,280
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

Not Listed for Sale

Detached

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