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1343 Faircrest Way

1343 Faircrest Way, Suwanee, GA 30024
Townhouse in Gwinnett
Sold Dec 29, 2022
$499,000
Sold Feb 26, 2021
$363,500
$345,325 by Atlantic Union Bank
Mortgage Due Jan 01, 2051
Local assessors in Suwanee, GA have categorized 1343 Faircrest Way as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 1,307 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 2 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 1343 Faircrest Way has a total of 2,074 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 800 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 underground or in the basement for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 wood control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1343 Faircrest Way sold most recently in Dec 28, 2022 for a total of $499,000. If you work out the math, that's approximately a cost of $240.60 per sqft. Before that, the property was also sold for $363,500 in Feb 26, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,990 in taxes each year. 1343 Faircrest Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $199,600. If we break it down further, the land itself was valued at $24,000. Improvements to the property, however, were assessed at a total of $175,600. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 800
  • Garage Type: Underground/basement
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 2,074
  • Building Area: 2,074
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,074
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUWANEE STATION
  • Land Acres: 0.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L2 SUWANEE STATION I-C

Ownership

  • Current Owner : COOLEY KAREN
  • Previous Owner : BONDS ANTHONY
  • Owner Before Previous Owner: LU YIXI KEVIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050223

Zoning

  • Zoning: PMUD-PLANN

Geography

  • District: 12
  • Parcel: 7-208 -254
  • Lot: 2
  • Municipality: SUWANEE
  • Latitude: 34.0389
  • Longitude: -84.0922

    Address

  • Full Address: 1343 Faircrest Way
  • Address - House Number: 1343
  • Address - Street Name: Faircrest
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R040
  • 4-Digit Zip Code: 8663
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,990

    Appraisal Valuation

  • Standard Deviation: 0.1474
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 541,823
  • High Value: 621,738
  • Low Value: 461,908

    Market Valuation

  • Market Total Value: $499,000
  • Market Land Value: $60,000
  • Market Improvement Value: $439,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,600
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $175,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Transaction ID: 11900605017
  • Current Sale Price: $499,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-038170
  • Previous Sale Recording Date: Feb 26, 2021
  • Previous Sale Contract Date: Feb 26, 2021
  • Previous Sale Amount: $363,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTIC UNION BANK
  • Previous Mortgage Transaction Date: Feb 26, 2021
  • Previous Mortgage Loan Amount: $345,325
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

About Suwanee



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Frequently Asked Questions

What neighborhood is 1343 Faircrest Way located in?
The 1343 Faircrest Way is a townhouse located in the neighborhood of Gwinnett in Suwanee, Suwanee.
What is the average sales price for listings in 1343 Faircrest Way?
The average sales price for units in 1343 Faircrest Way is $0 currently.

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