Check Availability

2506 Iowa Falls Way

2506 Iowa Falls Way, Buford, GA 30519
Property in Gwinnett
Sold Oct 10, 2014
$426,000
$714,840 by Rocket Mortgage
Mortgage Due Aug 01, 2052
Sold Apr 04, 2014
$70,000
$300,000 by Regions Bank
Mortgage
Local assessors in Buford, GA have categorized 2506 Iowa Falls Way as a residential type of property. The home was built in 2014 and is 10 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 10 rooms in the home. Of these, 5 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 3 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 2506 Iowa Falls Way has a total of 3,504 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 771 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 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. The property was last sold in Oct 10, 2014 for $426,000. That's $121.58 per sqft. Prior to that sales transaction, the property was also sold in Apr 4, 2014 for $70,000. 2506 Iowa Falls Way was last assessed in 2023. The total value of the property was assessed at $271,960. Specifically, the land the property is located on was valued at $56,800. While improvements on the property were assessed at a total of $215,160. 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 $10,016. 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. 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: 2014
  • Effective Year Built: 2014
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 34
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,710
  • Garage Type: Garage
  • Garage Square Area: 771
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 3,504
  • Building Area: 3,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,504
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HEDGEROWS
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L8 BD HEDGEROWS UNIT 2C

Ownership

  • Current Owner : RICHARDSON RICHELIEU
  • Previous Owner : HARCREST HOMES LLC
  • Owner Before Previous Owner: REDMONT HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050634

Zoning

  • Zoning: R100M-SING

Geography

  • District: 1
  • Parcel: 7-179 -335
  • Block: D
  • Lot: 8
  • Municipality: COUNTY
  • Latitude: 34.0776
  • Longitude: -83.9606

    Address

  • Full Address: 2506 Iowa Falls Way
  • Legal Unit: 2C
  • Address - House Number: 2506
  • Address - Street Name: Iowa Falls
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Buford
  • Carrier Code: R022
  • 4-Digit Zip Code: 9211
  • Zip Code: 30519

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,016

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 680,270
  • High Value: 768,856
  • Low Value: 591,684

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $714,840
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 19, 2022
  • First Open Lien Mortgage Loan Amount: $714,840
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $679,900
  • Market Land Value: $142,000
  • Market Improvement Value: $537,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,960
  • Assessed Land Value: $56,800
  • Assessed Improvements Value: $215,160

    Sales

  • Current Sale Contract Date: Oct 10, 2014
  • Current Sale Recording Date: Oct 10, 2014
  • Current Sale Transaction ID: 1124657856
  • Current Sale Price: $426,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-023780
  • Previous Sale Recording Date: Apr 04, 2014
  • Previous Sale Contract Date: Apr 04, 2014
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Oct 20, 2014
  • First Mortgage Loan Amount: $434,237
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Apr 09, 2014
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Gwinnett



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3361 Andover Way, Buford, GA, 30519

$3,300 /mo

  • 4 Beds
  • 3 Baths
  • 3,128 ft²
3361 Andover Way, Buford, GA, 30519 Listing by Yun Pan
Unit for rent at 3255 Ivy Farm Path, Buford, GA, 30519

$3,000 /mo

  • 5 Beds
  • 4 Baths
  • 3,618 ft²
3255 Ivy Farm Path, Buford, GA, 30519 Listing by Yu Duan
Unit for rent at 3253 Cavendish Court, Buford, GA, 30519

$3,200 /mo

  • 5 Beds
  • 4 Baths
  • 3,201 ft²
3253 Cavendish Court, Buford, GA, 30519 Listing by Hui Xian Li
Unit for rent at 3748 Heirloom Loop Court, Buford, GA, 30519

$3,100 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,431 ft²
3748 Heirloom Loop Court, Buford, GA, 30519 Listing by Kyung Park

Frequently Asked Questions

What neighborhood is 2506 Iowa Falls Way located in?
The 2506 Iowa Falls Way is a located in the neighborhood of Gwinnett in Gwinnett, Buford.
What is the average sales price for listings in 2506 Iowa Falls Way?
The average sales price for units in 2506 Iowa Falls Way is $0 currently.

Quantcast