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1027 Cotton Oak Drive

1027 Cotton Oak Drive, Lawrenceville, GA 30045
House in Gwinnett
Sold Sep 17, 2020
Transfer
$285,000 by Fairway Independent Mortgage
Mortgage Due Jan 01, 2050
Sold Sep 17, 2020
$300,000
Seller
$285,000 by Fairway Independent Mortgage
Mortgage Due Jan 01, 2050
1027 Cotton Oak Drive has been categorized by the local assessors in Lawrenceville, GA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1027 Cotton Oak Drive has 2,631 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,583 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $300,000 in Sep 17, 2020. Current property owners are expected to pay $4,615 in taxes per year. The property on 1027 Cotton Oak Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,680. To break that down further, the land itself was valued at $34,000. While improvements to the property were assessed at a total of $128,680. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Concrete Exterior
Stone Exterior

Parking

Garage Parking
Off Street Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,631
  • Building Area: 2,631
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,631
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTH OAKS
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L49 BA SOUTH OAKS

Ownership

  • Current Owner : ELKINS MATTHEW
  • Current Owner 2: ANDERSON KIMBERLY
  • Previous Owner : ELKINS MATTHEW
  • Owner Before Previous Owner: SITUM IGOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050743

Zoning

  • Zoning: R100CSO-SI

Geography

  • District: 1
  • Parcel: 5-219 -115
  • Block: A
  • Lot: 49
  • Municipality: COUNTY
  • Latitude: 33.8993
  • Longitude: -83.9017

    Address

  • Full Address: 1027 Cotton Oak Dr
  • Address - House Number: 1027
  • Address - Street Name: Cotton Oak
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Lawrenceville
  • Carrier Code: R002
  • 4-Digit Zip Code: 3789
  • Zip Code: 30045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,615

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 440,939
  • High Value: 503,363
  • Low Value: 378,515

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 17, 2020
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $406,700
  • Market Land Value: $85,000
  • Market Improvement Value: $321,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,680
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $128,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2020
  • Current Sale Recording Date: Sep 17, 2020
  • Current Sale Transaction ID: 11797869743
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-029274
  • Previous Sale Recording Date: Sep 17, 2020
  • Previous Sale Contract Date: Sep 17, 2020
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • First Mortgage Transaction Date: Sep 17, 2020
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • Previous Mortgage Transaction Date: Sep 17, 2020
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Gwinnett



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Frequently Asked Questions

What neighborhood is 1027 Cotton Oak Drive located in?
The 1027 Cotton Oak Drive is a house located in the neighborhood of Gwinnett in Gwinnett, Lawrenceville.
What is the average sales price for listings in 1027 Cotton Oak Drive?
The average sales price for units in 1027 Cotton Oak Drive is $299,000 , or $114/sqft. currently.

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