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2472 Lance Ridge Way

2472 Lance Ridge Way, Buford, GA 30519
Property in Gwinnett
Sold Mar 31, 2005
$198,800
$159,000 by Opteum Fin'l Svcs Llc
Mortgage Due Mar 28, 2035
2472 Lance Ridge Way has been categorized by the local assessors in Buford, GA as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2472 Lance Ridge Way has 2,734 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 11,326 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 616 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 shingles that aren't wood. 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. The property was last sold in Mar 28, 2005 for $198,800. That's $72.71 per sqft. 2472 Lance Ridge Way was last assessed in 2023. The total value of the property was assessed at $176,600. Specifically, the land the property is located on was valued at $30,000. While improvements on the property were assessed at a total of $146,600. 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 $6,448. The initial tax year of delinquency was in 2020. 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: 2004
  • Effective Year Built: 2004
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Single (not wood)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,734
  • Building Area: 2,734
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,734
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MARLOWE ESTATES
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L5 BH MARLOWE ESTATES UN 2

Ownership

  • Current Owner : DOVE RAYMOND C
  • Previous Owner : WINMARK HOMES INC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050613

Zoning

  • Zoning: R100M-SING

Geography

  • District: 1
  • Parcel: 3-001A-298
  • Block: H
  • Lot: 5
  • Municipality: COUNTY
  • Latitude: 34.044
  • Longitude: -83.9343

    Address

  • Full Address: 2472 Lance Ridge Way
  • Address - House Number: 2472
  • Address - Street Name: Lance Ridge
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Buford
  • Carrier Code: R001
  • 4-Digit Zip Code: 2295
  • Zip Code: 30519

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,448
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 475,531
  • High Value: 537,455
  • Low Value: 413,606

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $188,850
  • First Open Lien Mortgage Lender: OPTEUM FIN'L SVCS LLC
  • First Open Lien Mortgage Recording Date: Mar 31, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $159,000
  • 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: Mar 28, 2035
  • Second Open Lien Mortgage Lender: OPTEUM FINANCIAL SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Mar 31, 2005
  • Second Open Lien Mortgage Loan Amount: $29,850
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 28, 2035

    Market Valuation

  • Market Total Value: $441,500
  • Market Land Value: $75,000
  • Market Improvement Value: $366,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,600
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $146,600

    Sales

  • Current Sale Contract Date: Mar 28, 2005
  • Current Sale Recording Date: Mar 31, 2005
  • Current Sale Transaction ID: 1079617915
  • Current Sale Price: $198,800
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPTEUM FIN'L SVCS LLC
  • First Mortgage Transaction Date: Mar 31, 2005
  • First Mortgage Loan Amount: $159,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 28, 2035
  • Second Mortgage Lender: OPTEUM FINANCIAL SERVICES LLC
  • Second Mortgage Transaction Date: Mar 31, 2005
  • Second Mortgage Loan Amount: $29,850
  • Second Mortgage Terms: 180
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Mar 28, 2020

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Gwinnett



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Frequently Asked Questions

What neighborhood is 2472 Lance Ridge Way located in?
The 2472 Lance Ridge Way is a located in the neighborhood of Gwinnett in Gwinnett, Buford.
What is the average sales price for listings in 2472 Lance Ridge Way?
The average sales price for units in 2472 Lance Ridge Way is $0 currently.

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