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2370 Main Street

2370 Main Street, Duluth, GA 30097
House in Gwinnett
Sold Dec 21, 2020
$80,150,000
$53,080,000 by Berkeley Point Capital
Mortgage Due Jan 01, 2031
Sold Oct 24, 2017
$71,000,000
2370 Main Street in Duluth, GA was first built in 2016 and is 8 years old. This has been categorized as a residential property type. There are a total of 3 floors. 2370 Main Street has 77,076 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 507,038 square feet.

Learn more about the property and building on this page. The building type has been coded as 2. The code stands for buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2370 Main Street was last sold in Dec 21, 2020 for $80,150,000. According to our calculations, that's $1,039.88 per sqft. Prior to that sales transaction, the property was sold for $71,000,000 in Oct 24, 2017. Current property owners are expected to pay $921,835 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 2370 Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,717,600. To break that down further, the land itself was valued at $1,622,520. While improvements to the property were assessed at a total of $27,095,080. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Waterfront

Beach Front
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 6
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Wood
  • Floor Count: 3
  • Living Units: 373
  • Basement Type: Unspecified basement
  • Basement Area: 11,780
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 507,038
  • Total Building Area: 77,076
  • Gross Building Area: 26,896
  • Building Area: 77,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 77,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Fireproof reinforced concrete frames/Non-combustible materials
  • Property Class: Residential
  • Subdivision: PEACHTREE
  • Land Acres: 11.64
  • Standard Land Use Code: Highrise apartment
  • Legal Description 1: PEACHTREE IND BLV

Ownership

  • Current Owner : BROADWATER AT SUGARLOAF LLC
  • Previous Owner : SUGARLOAF APARTMENTS ACQUISITION LLC
  • Owner Before Previous Owner: WORTHING SUPARLOAF LP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050235

Zoning

  • Zoning: PUD-PLANNE

Geography

  • District: 4
  • Parcel: 7-205 -348
  • Municipality: DULUTH
  • Latitude: 34.0183
  • Longitude: -84.1231

    Address

  • Full Address: 2370 Main St Nw
  • Address - House Number: 2370
  • Street Segment Direction: NW
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: GA
  • City Name: Duluth
  • Carrier Code: R037
  • 4-Digit Zip Code: 2835
  • Zip Code: 30097

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $921,835
  • Intital Tax Deliquent Year: 2022

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $53,080,000
  • First Open Lien Mortgage Lender: BERKELEY POINT CAPITAL
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $53,080,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2031

    Market Valuation

  • Market Total Value: $71,794,000
  • Market Land Value: $4,056,300
  • Market Improvement Value: $67,737,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,717,600
  • Assessed Land Value: $1,622,520
  • Assessed Improvements Value: $27,095,080

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11812673602
  • Current Sale Price: $80,150,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2020-036239
  • Previous Sale Recording Date: Oct 24, 2017
  • Previous Sale Contract Date: Oct 24, 2017
  • Previous Sale Amount: $71,000,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BERKELEY POINT CAPITAL
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $53,080,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2031

About Duluth



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Frequently Asked Questions

What neighborhood is 2370 Main Street located in?
The 2370 Main Street is a house located in the neighborhood of Gwinnett in Duluth, Duluth.
What is the average sales price for listings in 2370 Main Street?
The average sales price for units in 2370 Main Street is $0 currently.

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