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505 Deerwood Drive

505 Deerwood Drive, Suwanee, GA 30024
Property in Gwinnett
Sold Jun 29, 2012
$330,000
$256,200 by Mortgage Lenders
Mortgage Due Jun 29, 2042
Sold Jun 29, 2012
$330,000
$256,200 by Mortgage Lenders
Mortgage
505 Deerwood Drive has been categorized by the local assessors in Suwanee, GA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 505 Deerwood Drive has 2,994 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 871 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 441 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 good. 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 brick. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 505 Deerwood Drive sold most recently in Jun 29, 2012 for a total of $330,000. If you work out the math, that's approximately a cost of $110.22 per sqft. Before that, the property was also sold for $330,000 in Jun 29, 2012. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $6,001 in taxes each year. 505 Deerwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $213,840. 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 $172,240. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Good
  • 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: 1,712
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 2,994
  • Building Area: 2,994
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,994
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TAYLOR
  • Land Acres: 0.02
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L6 BA TAYLOR WOODS

Ownership

  • Current Owner : ALI SYED M
  • Current Owner 2: ALI FARAH
  • Previous Owner : ALI SYED M
  • Owner Before Previous Owner: KHALILI PROPERTIES LLLP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050549

Zoning

  • Zoning: R75-SINGLE

Geography

  • District: 1
  • Parcel: 7-110 -452
  • Block: A
  • Lot: 6
  • Municipality: COUNTY
  • Latitude: 34.0051
  • Longitude: -84.0352

    Address

  • Full Address: 505 Deerwood Dr
  • Address - House Number: 505
  • Address - Street Name: Deerwood
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R009
  • 4-Digit Zip Code: 2716
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,001

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 659,057
  • High Value: 748,241
  • Low Value: 569,872

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,200
  • First Open Lien Mortgage Lender: MORTGAGE LENDERS
  • First Open Lien Mortgage Recording Date: Jun 29, 2012
  • First Open Lien Mortgage Loan Amount: $256,200
  • 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: Jun 29, 2042

    Market Valuation

  • Market Total Value: $534,600
  • Market Land Value: $104,000
  • Market Improvement Value: $430,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,840
  • Assessed Land Value: $41,600
  • Assessed Improvements Value: $172,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2012
  • Current Sale Recording Date: Jun 29, 2012
  • Current Sale Transaction ID: 1079517460
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-020254
  • Previous Sale Recording Date: Jun 29, 2012
  • Previous Sale Contract Date: Jun 29, 2012
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE LENDERS
  • First Mortgage Transaction Date: Jun 29, 2012
  • First Mortgage Loan Amount: $256,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE LENDERS
  • Previous Mortgage Transaction Date: Jul 03, 2012
  • Previous Mortgage Loan Amount: $256,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Gwinnett



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Frequently Asked Questions

What neighborhood is 505 Deerwood Drive located in?
The 505 Deerwood Drive is a located in the neighborhood of Gwinnett in Gwinnett, Suwanee.
What is the average sales price for listings in 505 Deerwood Drive?
The average sales price for units in 505 Deerwood Drive is $0 currently.

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