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2645 The Terraces Way

2645 The Terraces Way, Dacula, GA 30019
Property in Gwinnett
Sold Aug 30, 2021
$560,000
$532,000 by Nbkc Bank
Mortgage Due Jan 01, 2051
Sold Dec 29, 2015
$285,000
$256,500 by American Home Mortgage Corp
Mortgage Due Dec 29, 2046
2645 The Terraces Way in Dacula, GA was first built in 1997 and is 27 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2645 The Terraces Way has 5,880 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. The basement is 2,901 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 21,780 square feet.

Learn more about the property and building on this page. 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. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 441 sqft. There are a total of 2 available parking spaces. 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. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2645 The Terraces Way sold most recently in Aug 30, 2021 for a total of $560,000. If you work out the math, that's approximately a cost of $95.24 per sqft. Before that, the property was also sold for $285,000 in Dec 29, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,404 in taxes each year. 2645 The Terraces Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $271,760. If we break it down further, the land itself was valued at $42,000. Improvements to the property, however, were assessed at a total of $229,760. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 10
  • 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: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 2,901
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Frontage Feet: 570
  • Total Building Area: 5,880
  • Building Area: 5,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,880
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TERRACE
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L31 BE TERRACES AT APPALACHEE FARMS

Ownership

  • Current Owner : WALKER EUGENE P
  • Current Owner 2: WALKER PATRICIA C
  • Previous Owner : PAULLEY JAMES T
  • Owner Before Previous Owner: NELMS ANGELA GILL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050629

Zoning

  • Zoning: R100C-SING

Geography

  • District: 1
  • Parcel: 2-001E-122
  • Block: E
  • Lot: 31
  • Municipality: COUNTY
  • Latitude: 34.0242
  • Longitude: -83.9143

    Address

  • Full Address: 2645 The Terraces Way
  • Address - House Number: 2645
  • Address - Street Name: The Terraces
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Dacula
  • Carrier Code: R015
  • 4-Digit Zip Code: 3164
  • Zip Code: 30019

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,404

    Appraisal Valuation

  • Standard Deviation: 0.143
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 713,845
  • High Value: 815,992
  • Low Value: 611,699

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $532,000
  • First Open Lien Mortgage Lender: NBKC BANK
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Loan Amount: $532,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $679,400
  • Market Land Value: $105,000
  • Market Improvement Value: $574,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,760
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $229,760

    Exemptions

  • Senior Citizen Exemption : Yes
  • School/College Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11855168732
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-029950
  • Previous Sale Recording Date: Dec 29, 2015
  • Previous Sale Contract Date: Dec 29, 2015
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBKC BANK
  • First Mortgage Transaction Date: Aug 30, 2021
  • First Mortgage Loan Amount: $532,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 08, 2016
  • Previous Mortgage Loan Amount: $256,500
  • Previous Mortgage Term: 370
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 29, 2046

About Gwinnett



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Frequently Asked Questions

What neighborhood is 2645 The Terraces Way located in?
The 2645 The Terraces Way is a located in the neighborhood of Gwinnett in Gwinnett, Dacula.
What is the average sales price for listings in 2645 The Terraces Way?
The average sales price for units in 2645 The Terraces Way is $0 currently.

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