NOT LISTED FOR SALE

510 Forest St Buford, GA 30518

Estimated Value: $807,000 - $901,000

2 Beds
1 Bath
2,374 Sq Ft
$365/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $275,000 $116 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $4,935/month

40 Days on Market

Highlights

  • Deck
  • 1.5-Story Property
  • No HOA
  • Buford Elementary School Rated A
  • Bonus Room
  • Screened Porch

About This Home

As of December 2023

Buford City Schools! This 2-bedroom 1-bath home is an estate sale property that needs a lot of work, repairs, and updating, including floor coverings, drywall repairs, painting, HVAC system, roofing, and a kitchen sink. It must be sold "as is" and there will be no repairs done by the Seller before the closing. This home is conveniently located in Historic Downtown Buford GA. Minutes away from dining, parks and Buford City Schools. IMPORTANT NOTE: The owner has a court appointed Personal Representative that has never occupied the property. The Personal Representative cannot provide HOA information, a Sellers Property Disclosure, or help with utility connections for inspections or any needed repairs. The house is being sold in "as is" condition. This MLS includes Seller Required Special Stipulations and a Lead Based Paint Exhibit in the document section. The Lead Based Paint Exhibit must be completed and signed before a contract can be signed. The Seller Required Special Stipulations page must be included in all offers. Submit offers to the listing agent in pdf format only. The Personal Representative says we can accept offers with a 90-day closing timeline to allow for legal notification to the heirs and final review and approval by the Probate Court.

Last Agent to Sell the Property

David Elrod

Re/Max Legends License #205704 Listed on: 07/25/2023

Re/Max Legends

Co-Listed By

Maurice Hines

Re/Max Legends License #419286

Last Buyer's Agent

Michael Moulder

Georgia Dreams Realty License #414138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111

Year Built

  • Built in 1960

Lot Details

  • 0.46 Acre Lot
  • Sloped Lot

Parking

  • Garage

Home Design

  • 1.5-Story Property
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,374 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Bonus Room
  • Screened Porch
  • Carpet
  • Open Access

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Buford Academy Elementary School
  • Buford Middle School
  • Buford High School

Additional Features

  • City Lot
  • Window Unit Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$111

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • ArchitecturalStyle: Ranch
  • Co List Office: RMLG04
  • Financing Type: Cash
  • Levels: One and One Half
  • Lot Size Acres: .46
  • Other Sturctures: Workshop, Garage(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2374
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Other
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 2374
  • Above Grade Finished Sq Ft: 2374
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Fireplace Features: Masonry
  • Flooring: Carpet, Other

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • ExteriorFeatures: Other
  • Foundation Details: Block
  • Lot Features: Sloped, City Lot
  • Patio And Porch Features: Deck, Screened
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Detached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Other
  • Laundry Features: Other
  • Security Features: Open Access
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Buford Academy
  • High School: Buford
  • High School Bus: Yes
  • Middle School: Buford
  • Middle School Bus: Yes

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 111

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2025
Sold by
Mercer Ave Llc
Bought by
Morris Katherine and Morris Richard
Current Estimated Value
$865,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,300
Outstanding Balance
$628,755
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$236,771

Purchase Details

Listed on
Jul 25, 2023
Closed on
Dec 27, 2023
Sold by
Ingram Willie Lee
Bought by
Mercer Ave Llc
Seller's Agent
David Elrod
Re/Max Legends
Buyer's Agent
Michael Moulder
Georgia Dreams Realty
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morris Katherine $899,000 --
Mercer Ave Llc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Katherine $629,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold $275,000 -21.4% $116 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $350,000 -- $147 / Sq Ft
Source: Georgia MLS

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
2025 $4,471 $311,600 $40,000 $271,600
2024 $2,538 $176,880 $33,600 $143,280
2023 $2,538 $131,400 $26,000 $105,400
2022 $111 $131,400 $26,000 $105,400
2021 $111 $86,360 $16,800 $69,560
2020 $111 $86,360 $16,800 $69,560
2019 $101 $86,360 $16,800 $69,560
2018 $101 $52,480 $5,600 $46,880
2016 $104 $52,480 $5,600 $46,880
2015 $107 $52,480 $5,600 $46,880
2014 -- $49,400 $5,600 $43,800
Source: Public Records

Agents Affiliated with this Home

  • David Elrod

    Seller's Agent in 2023

    David Elrod

    RE/MAX

    (770) 312-5824

    6 in this area

    155 Total Sales

    David Elrod
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Maurice Hines

    RE/MAX

    (404) 803-2583

    3 in this area

    83 Total Sales

    Maurice Hines
    Section Image
  • Michael Moulder

    Buyer's Agent in 2023

    Michael Moulder

    Georgia Dreams Realty

    (770) 712-9372

    2 in this area

    30 Total Sales

    Michael Moulder
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10184655

Georgia MLS

APN: 7-296-052B

Georgia Gwinnett County Buford 30518

510 Forest St, Buford, GA

Not Listed for Sale

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