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2740 Blake Towers Lane

2740 Blake Towers Lane, Buford, GA 30519
Property in Gwinnett
Sold Jun 07, 2017
$325,000
Buyer
$195,000 by East West Bank
Mortgage Due Jul 01, 2047
Sold Aug 31, 2016
$1,953,788
2740 Blake Towers Lane 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 2016 and is 8 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2740 Blake Towers Lane has 3,091 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 6,534 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 400 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 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. There is a single fireplace in the home. Perfect for those wintery 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, 2740 Blake Towers Lane sold most recently in Jun 7, 2017 for a total of $325,000. If you work out the math, that's approximately a cost of $105.14 per sqft. Before that, the property was also sold for $1,953,788 in Aug 31, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,959 in taxes each year. 2740 Blake Towers Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $211,880. If we break it down further, the land itself was valued at $41,600. Improvements to the property, however, were assessed at a total of $170,280. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2016
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • 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
  • Basement Type: Unspecified basement
  • Basement Area: 1,418
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 3,091
  • Building Area: 3,091
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,091
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOMPSON CROSSING
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L46 BA THOMPSON CROSSING PH 2

Ownership

  • Current Owner : LU YING
  • Previous Owner : DR HORTON WPH LLC
  • Owner Before Previous Owner: WILSON PARKER HOMES OF THO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buford City School District
  • Census Tract: 050105

Zoning

  • Zoning: R75CSO-SFR

Geography

  • District: 1
  • Subdivision Phase Number: 2
  • Parcel: 7-263 -263
  • Block: A
  • Lot: 46
  • Municipality: COUNTY
  • Latitude: 34.1169
  • Longitude: -83.9715

    Address

  • Full Address: 2740 Blake Towers Ln
  • Address - House Number: 2740
  • Address - Street Name: Blake Towers
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Buford
  • Carrier Code: R018
  • 4-Digit Zip Code: 3842
  • Zip Code: 30519

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,959

    Appraisal Valuation

  • Standard Deviation: 0.143
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 571,531
  • High Value: 653,313
  • Low Value: 489,750

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jun 07, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $195,000
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $529,700
  • Market Land Value: $104,000
  • Market Improvement Value: $425,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,880
  • Assessed Land Value: $41,600
  • Assessed Improvements Value: $170,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2017
  • Current Sale Recording Date: Jun 07, 2017
  • Current Sale Transaction ID: 1589886652
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-014913
  • Previous Sale Recording Date: Aug 31, 2016
  • Previous Sale Contract Date: Aug 31, 2016
  • Previous Sale Amount: $1,953,788
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Jun 07, 2017
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Gwinnett



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Frequently Asked Questions

What neighborhood is 2740 Blake Towers Lane located in?
The 2740 Blake Towers Lane is a located in the neighborhood of Gwinnett in Gwinnett, Buford.
What is the average sales price for listings in 2740 Blake Towers Lane?
The average sales price for units in 2740 Blake Towers Lane is $0 currently.

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