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3047 Summer Oak Place

3047 Summer Oak Place, Buford, GA 30518
Property in Gwinnett
Local assessors in Buford, GA have categorized 3047 Summer Oak Place as a industrial type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 60,984 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3047 Summer Oak Place has a total of 10,206 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. 3047 Summer Oak Place is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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. Residents rely on no air conditioning for their cooling system. 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, 3047 Summer Oak Place sold most recently in Oct 9, 2015 for a total of $1,200,000. If you work out the math, that's approximately a cost of $117.58 per sqft. Before that, the property was also sold for $175,000 in Apr 16, 2008. 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 $6,641 in taxes each year. 3047 Summer Oak Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $462,800. If we break it down further, the land itself was valued at $84,000. Improvements to the property, however, were assessed at a total of $378,800. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 10,206
  • Gross Building Area: 10,206
  • Building Area: 10,206
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 10,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Industrial
  • Subdivision: GREAT OAK
  • Land Acres: 1.4
  • Standard Land Use Code: Storage yard, open storage (light equipment, material)
  • Legal Description 1: L8 GREAT OAK IND PARK

Ownership

  • Current Owner : ANALOG WAY PROPERTIES LLC
  • Previous Owner : BGL PROPERTIES LLC
  • Owner Before Previous Owner: BIG OAK DEV LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: M1-LIGHT I

Geography

  • District: 2
  • Parcel: 7-297 -085
  • Lot: 8
  • Municipality: BUFORD
  • Latitude: 34.1355
  • Longitude: -83.9792

    Address

  • Full Address: 3047 Summer Oak Pl
  • Address - House Number: 3047
  • Address - Street Name: Summer Oak
  • Address - Suffix Type: Pl
  • State: GA
  • City Name: Buford
  • Carrier Code: C013
  • 4-Digit Zip Code: 0401
  • Zip Code: 30518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,641

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: WAY ANALOG
  • First Open Lien Mortgage Recording Date: Oct 09, 2015
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 131
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 09, 2026

    Market Valuation

  • Market Total Value: $1,157,000
  • Market Land Value: $210,000
  • Market Improvement Value: $947,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462,800
  • Assessed Land Value: $84,000
  • Assessed Improvements Value: $378,800

    Sales

  • Current Sale Contract Date: Oct 09, 2015
  • Current Sale Recording Date: Oct 09, 2015
  • Current Sale Transaction ID: 1352469774
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-026378
  • Previous Sale Recording Date: Apr 21, 2008
  • Previous Sale Contract Date: Apr 16, 2008
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WAY ANALOG
  • First Mortgage Transaction Date: Oct 09, 2015
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 131
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 09, 2026

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA BK NA
  • Previous Mortgage Transaction Date: Apr 21, 2008
  • Previous Mortgage Loan Amount: $1,350,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 16, 2011

About Buford



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Frequently Asked Questions

What neighborhood is 3047 Summer Oak Place located in?
The 3047 Summer Oak Place is a located in the neighborhood of Gwinnett in Buford, Buford.
What is the average sales price for listings in 3047 Summer Oak Place?
The average sales price for units in 3047 Summer Oak Place is $0 currently.

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