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2501 Marthagem Court

2501 Marthagem Court, Lawrenceville, GA 30043
House in Gwinnett
Sold Sep 10, 2018
$277,000
$235,450 by Wells Fargo
Mortgage Due Jan 01, 2048
Sold Dec 16, 1993
$115,000
$90,000 by Homebanc Federal Savings Bank
Mortgage
2501 Marthagem Court has been categorized by the local assessors in Lawrenceville, GA as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2501 Marthagem Court has 3,454 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,104 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 35,284 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 483 sqft. According to our sources, there are a total of 2 available parking spaces. 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 wood siding. 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. 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, 2501 Marthagem Court was last sold in Sep 10, 2018 for $277,000. According to our calculations, that's $80.20 per sqft. Prior to that sales transaction, the property was sold for $115,000 in Dec 1, 1993. Current property owners are expected to pay $6,942 in taxes per year. The property on 2501 Marthagem Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $182,640. To break that down further, the land itself was valued at $28,800. While improvements to the property were assessed at a total of $153,840. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 11
  • Bedroom Count: 5
  • 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 Type: Finished improved basement
  • Basement Area: 1,104
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 35,284
  • Lot Size Frontage Feet: 1,380
  • Total Building Area: 3,454
  • Building Area: 3,454
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,454
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WHITLOCK FARM
  • Land Acres: 0.81
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L38 BB WHITLOCK FARM

Ownership

  • Current Owner : GUY CAROL J
  • Previous Owner : MUELLER CHARLES ANTHONY
  • Owner Before Previous Owner: MUELLER C A DEVELOPERS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050528

Zoning

  • Zoning: R100-SINGL

Geography

  • District: 1
  • Parcel: 7-130 -044
  • Block: B
  • Lot: 38
  • Municipality: COUNTY
  • Latitude: 34.0312
  • Longitude: -84.0084

    Address

  • Full Address: 2501 Marthagem Ct
  • Address - House Number: 2501
  • Address - Street Name: Marthagem
  • Address - Suffix Type: Ct
  • State: GA
  • City Name: Lawrenceville
  • Carrier Code: R031
  • 4-Digit Zip Code: 2334
  • Zip Code: 30043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,942

    Appraisal Valuation

  • Standard Deviation: 0.1439
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 82
  • Final Value: 506,174
  • High Value: 579,055
  • Low Value: 433,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,450
  • First Open Lien Mortgage Lender: WELLS FARGO
  • First Open Lien Mortgage Recording Date: Sep 10, 2018
  • First Open Lien Mortgage Loan Amount: $235,450
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $456,600
  • Market Land Value: $72,000
  • Market Improvement Value: $384,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,640
  • Assessed Land Value: $28,800
  • Assessed Improvements Value: $153,840

    Sales

  • Current Sale Contract Date: Sep 10, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Transaction ID: 11528333893
  • Current Sale Price: $277,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-026617
  • Previous Sale Recording Date: Dec 16, 1993
  • Previous Sale Contract Date: Dec 01, 1993
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO
  • First Mortgage Transaction Date: Sep 10, 2018
  • First Mortgage Loan Amount: $235,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: HOMEBANC FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Dec 16, 1993
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360

About Gwinnett



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Nearby Rentals

Unit for rent at

$3,850 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,863 ft²
Listing by Joyce Tran

Frequently Asked Questions

What neighborhood is 2501 Marthagem Court located in?
The 2501 Marthagem Court is a house located in the neighborhood of Gwinnett in Gwinnett, Lawrenceville.
What is the average sales price for listings in 2501 Marthagem Court?
The average sales price for units in 2501 Marthagem Court is $289,000 , or $77/sqft. currently.

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