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3848 Cherokee Trail

3848 Cherokee Trail, Suwanee, GA 30024
House in Gwinnett
Sold Jun 12, 2019
$178,000
$142,400 by Newrez
Mortgage Due Jan 01, 2049
Sold Dec 21, 2018
$168,300
Local assessors in Suwanee, GA have categorized 3848 Cherokee Trail as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 19,602 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. 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 3848 Cherokee Trail has a total of 1,032 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 2 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. 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, 3848 Cherokee Trail sold most recently in Jun 12, 2019 for a total of $178,000. If you work out the math, that's approximately a cost of $172.48 per sqft. Before that, the property was also sold for $168,300 in Dec 21, 2018. 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 $2,091 in taxes each year. 3848 Cherokee Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,640. If we break it down further, the land itself was valued at $24,000. Improvements to the property, however, were assessed at a total of $76,640. 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.

Building Features

Exterior

Brick Exterior

Parking

Carport

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,032
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUWANEE LAKE ESTATES
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L17 BA SUWANEE LAKE ESTATES #1

Ownership

  • Current Owner : BOTELLO GUSTAVO E
  • Previous Owner : OPENDOOR PROPERTY C LLC
  • Owner Before Previous Owner: ARMES BRYCE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050241

Zoning

  • Zoning: R100-SINGL

Geography

  • District: 12
  • Parcel: 7-212 -045
  • Block: A
  • Lot: 17
  • Municipality: SUWANEE
  • Latitude: 34.0554
  • Longitude: -84.0585

    Address

  • Full Address: 3848 Cherokee Trl
  • Legal Unit: 1
  • Address - House Number: 3848
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Trl
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R035
  • 4-Digit Zip Code: 2318
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,091

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 327,132
  • High Value: 377,613
  • Low Value: 276,651

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $366,700
  • First Open Lien Mortgage Lender: NEWREZ
  • First Open Lien Mortgage Recording Date: Jun 12, 2019
  • First Open Lien Mortgage Loan Amount: $142,400
  • 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, 2049
  • Second Open Lien Mortgage Lender: NEWREZ
  • Second Open Lien Mortgage Recording Date: May 27, 2021
  • Second Open Lien Mortgage Loan Amount: $144,300
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2036
  • Third Open Lien Mortgage Lender: DISCOVER BANK
  • Third Open Lien Mortgage Recording Date: Sep 29, 2022
  • Third Open Lien Mortgage Loan Amount: $80,000
  • Third Open Lien Mortgage Term: 240
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Sep 01, 2042

    Market Valuation

  • Market Total Value: $251,600
  • Market Land Value: $60,000
  • Market Improvement Value: $191,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,640
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $76,640

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2019
  • Current Sale Recording Date: Jun 12, 2019
  • Current Sale Transaction ID: 11619230006
  • Current Sale Price: $178,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-015062
  • Previous Sale Recording Date: Dec 21, 2018
  • Previous Sale Contract Date: Dec 21, 2018
  • Previous Sale Amount: $168,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ
  • First Mortgage Transaction Date: Jun 12, 2019
  • First Mortgage Loan Amount: $142,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

About Suwanee




Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,250 /mo

  • 4 Beds
  • 2 Baths
  • 1,500 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3848 Cherokee Trail located in?
The 3848 Cherokee Trail is a house located in the neighborhood of Gwinnett in Suwanee, Suwanee.
What is the average sales price for listings in 3848 Cherokee Trail?
The average sales price for units in 3848 Cherokee Trail is $0 currently.

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