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2480 Walnut Grove Way

2480 Walnut Grove Way, Suwanee, GA 30024
Property in Gwinnett
Sold May 24, 2022
$385,000
$373,450 by First Option Mortgage
Mortgage Due May 01, 2052
Sold Jun 08, 2011
$145,000
$141,324 by Prime Lndg
Mortgage Due Jun 03, 2041
Local assessors in Suwanee, GA have categorized 2480 Walnut Grove Way as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 16,553 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 2480 Walnut Grove Way has a total of 2,102 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 480 sqft. There are 2 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 wood siding 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 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. 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, 2480 Walnut Grove Way was last sold in May 24, 2022 for $385,000. According to our calculations, that's $183.16 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Jun 3, 2011. Current property owners are expected to pay $5,602 in taxes per year. The property on 2480 Walnut Grove Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $147,680. To break that down further, the land itself was valued at $31,600. While improvements to the property were assessed at a total of $116,080. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Exterior

Wood Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,102
  • Building Area: 2,102
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,102
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GROVE PARK
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L29 BA WALNUT GROVE PARK

Ownership

  • Current Owner : SREY PHANNARATH
  • Previous Owner : GOMEZ LORENA
  • Owner Before Previous Owner: FEDERAL NATL MTG ASSN FNMA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050565

Zoning

  • Zoning: RZT-S F R-

Geography

  • District: 1
  • Parcel: 7-108 -089
  • Block: A
  • Lot: 29
  • Municipality: COUNTY
  • Latitude: 34.0208
  • Longitude: -84.0206

    Address

  • Full Address: 2480 Walnut Grove Way
  • Legal Unit: -
  • Address - House Number: 2480
  • Address - Street Name: Walnut Grove
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R005
  • 4-Digit Zip Code: 3220
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,602

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 406,705
  • High Value: 474,813
  • Low Value: 338,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $373,450
  • First Open Lien Mortgage Lender: FIRST OPTION MORTGAGE
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $373,450
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $369,200
  • Market Land Value: $79,000
  • Market Improvement Value: $290,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,680
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $116,080

    Sales

  • Current Sale Contract Date: May 24, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11889440773
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-016680
  • Previous Sale Recording Date: Jun 08, 2011
  • Previous Sale Contract Date: Jun 03, 2011
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OPTION MORTGAGE
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $373,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PRIME LNDG
  • Previous Mortgage Transaction Date: Jun 08, 2011
  • Previous Mortgage Loan Amount: $141,324
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 03, 2041

About Gwinnett



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Frequently Asked Questions

What neighborhood is 2480 Walnut Grove Way located in?
The 2480 Walnut Grove Way is a located in the neighborhood of Gwinnett in Gwinnett, Suwanee.
What is the average sales price for listings in 2480 Walnut Grove Way?
The average sales price for units in 2480 Walnut Grove Way is $0 currently.

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