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1240 Mt Laurel Place

1240 Mt Laurel Place, Suwanee, GA 30024
Property in Forsyth
Sold Sep 05, 2017
$285,000
$213,750 by First Option Mortgage Llc
Mortgage Due Oct 01, 2032
Sold Sep 10, 2008
$220,000
$154,000 by Citimortgage
Mortgage Due Sep 08, 2023
Local assessors in Suwanee, GA have categorized 1240 Mt Laurel Place as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 10,019 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1240 Mt Laurel Place has a total of 2,902 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 5, 2017 for $285,000. That's $98.21 per sqft. Prior to that sales transaction, the property was also sold in Sep 8, 2008 for $220,000. 1240 Mt Laurel Place was last assessed in 2023. The total value of the property was assessed at $190,140. Specifically, the land the property is located on was valued at $54,000. While improvements on the property were assessed at a total of $136,140. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,680. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Other
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,902
  • Building Area: 2,902
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,902
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERBROOKE
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2-1 860 LT 362 POD A RIVERBROOKE

Ownership

  • Current Owner : HABIB SOHAIL
  • Previous Owner : SHIN-LEE YONG IN
  • Owner Before Previous Owner: BOLIVAR KIMBERLY G

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130609

Zoning

  • Zoning: R3

Geography

  • Account Number: 0000260265
  • Parcel: 178 181
  • Lot: 362
  • Municipality: COUNTY
  • Latitude: 34.1183
  • Longitude: -84.1182

    Address

  • Full Address: 1240 Mount Laurel Pl
  • Address - House Number: 1240
  • Address - Street Name: Mount Laurel
  • Address - Suffix Type: Pl
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R053
  • 4-Digit Zip Code: 8503
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,680
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 570,213
  • High Value: 657,991
  • Low Value: 482,434

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: FIRST OPTION MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 05, 2017
  • First Open Lien Mortgage Loan Amount: $213,750
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2032

    Market Valuation

  • Market Total Value: $475,350
  • Market Land Value: $135,000
  • Market Improvement Value: $340,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,140
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $136,140

    Sales

  • Current Sale Contract Date: Sep 05, 2017
  • Current Sale Recording Date: Sep 05, 2017
  • Current Sale Transaction ID: 1736342509
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-009351
  • Previous Sale Recording Date: Sep 10, 2008
  • Previous Sale Contract Date: Sep 08, 2008
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OPTION MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 12, 2017
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE
  • Previous Mortgage Transaction Date: Sep 10, 2008
  • Previous Mortgage Loan Amount: $154,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 08, 2023

About Forsyth



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Frequently Asked Questions

What neighborhood is 1240 Mt Laurel Place located in?
The 1240 Mt Laurel Place is a located in the neighborhood of Forsyth in Forsyth, Suwanee.
What is the average sales price for listings in 1240 Mt Laurel Place?
The average sales price for units in 1240 Mt Laurel Place is $0 currently.

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