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1118 Lanier Springs Drive

1118 Lanier Springs Drive, Buford, GA 30518
Property in Gwinnett
Sold Nov 08, 2017
$296,000
$290,638 by Members First Mortgage
Mortgage Due Dec 01, 2047
Sold Nov 08, 2017
$296,000
Buyer
Seller
$290,638 by Members First Mortgage
Mortgage Due Dec 01, 2047
1118 Lanier Springs Drive in Buford, GA was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1118 Lanier Springs Drive has 3,580 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a garage. The garage is 420 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1118 Lanier Springs Drive sold most recently in Nov 8, 2017 for a total of $296,000. If you work out the math, that's approximately a cost of $82.68 per sqft. Before that, the property was also sold for $296,000 in Nov 8, 2017. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,479 in taxes each year. 1118 Lanier Springs Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $203,480. If we break it down further, the land itself was valued at $32,000. Improvements to the property, however, were assessed at a total of $171,480. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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 Type: Unspecified basement
  • Basement Area: 1,636
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 3,580
  • Building Area: 3,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANIER SPRINGS
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L33 BA LANIER SPRINGS UNIT 1 PH 3

Ownership

  • Current Owner : SUIT RALPH
  • Current Owner 2: SIUT VIVIANA
  • Previous Owner : SIUT RALPH
  • Owner Before Previous Owner: DUERO MARTHA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050121

Zoning

  • Zoning: R100CSO-SI

Geography

  • District: 1
  • Subdivision Phase Number: 3
  • Parcel: 7-350 -299
  • Block: A
  • Lot: 33
  • Municipality: COUNTY
  • Latitude: 34.1429
  • Longitude: -84.0541

    Address

  • Full Address: 1118 Lanier Springs Dr
  • Legal Unit: 1
  • Address - House Number: 1118
  • Address - Street Name: Lanier Springs
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Buford
  • Carrier Code: R020
  • 4-Digit Zip Code: 7271
  • Zip Code: 30518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,479

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 546,444
  • High Value: 625,651
  • Low Value: 467,237

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,638
  • First Open Lien Mortgage Lender: MEMBERS FIRST MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 08, 2017
  • First Open Lien Mortgage Loan Amount: $290,638
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Market Valuation

  • Market Total Value: $508,700
  • Market Land Value: $80,000
  • Market Improvement Value: $428,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,480
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $171,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2017
  • Current Sale Recording Date: Nov 08, 2017
  • Current Sale Transaction ID: 11339225894
  • Current Sale Price: $296,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-031072
  • Previous Sale Recording Date: Nov 08, 2017
  • Previous Sale Contract Date: Nov 08, 2017
  • Previous Sale Amount: $296,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEMBERS FIRST MORTGAGE
  • First Mortgage Transaction Date: Nov 08, 2017
  • First Mortgage Loan Amount: $290,638
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: MEMBERS FIRST MORTGAGE
  • Previous Mortgage Transaction Date: Nov 15, 2017
  • Previous Mortgage Loan Amount: $290,638
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Gwinnett



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Frequently Asked Questions

What neighborhood is 1118 Lanier Springs Drive located in?
The 1118 Lanier Springs Drive is a located in the neighborhood of Gwinnett in Gwinnett, Buford.
What is the average sales price for listings in 1118 Lanier Springs Drive?
The average sales price for units in 1118 Lanier Springs Drive is $0 currently.

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