Check Availability

5271 Tormeall Trace

5271 Tormeall Trace, Suwanee, GA 30024
Property in Gwinnett
Sold Dec 30, 2014
$224,900
$219,000 by Silverton Mortgage Specialists
Mortgage Due May 01, 2047
Sold Apr 09, 2001
$195,500
$156,400 by Sunshine Mtg
Mortgage Due Mar 30, 2031
5271 Tormeall Trace 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 2000 and is 24 years old. The home has a total of 8 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, 5271 Tormeall Trace has 3,210 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 10,454 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 480 sqft. According to our sources, there are a total of 2 available parking spaces. 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 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 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. The property was last sold in Dec 30, 2014 for $224,900. That's $70.06 per sqft. Prior to that sales transaction, the property was also sold in Mar 30, 2001 for $195,500. 5271 Tormeall Trace was last assessed in 2023. The total value of the property was assessed at $231,000. Specifically, the land the property is located on was valued at $40,400. While improvements on the property were assessed at a total of $190,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,068. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: Wood siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Frontage Feet: 940
  • Total Building Area: 3,210
  • Building Area: 3,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,210
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GRANDVIEW
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L149 BA GRANDVIEW #1 PH 1B

Ownership

  • Current Owner : PARK HYUN S
  • Previous Owner : MASTERS MATTHEW C
  • Owner Before Previous Owner: PULTE HOME CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050116

Zoning

  • Zoning: R100M-SING

Geography

  • District: 1
  • Subdivision Phase Number: 1B
  • Parcel: 7-310 -153
  • Block: A
  • Lot: 149
  • Municipality: COUNTY
  • Latitude: 34.0907
  • Longitude: -84.0844

    Address

  • Full Address: 5271 Tormeall Trce
  • Address - House Number: 5271
  • Address - Street Name: Tormeall
  • Address - Suffix Type: Trce
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R004
  • 4-Digit Zip Code: 7354
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,068

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 582,513
  • High Value: 666,974
  • Low Value: 498,053

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $430,500
  • First Open Lien Mortgage Lender: SILVERTON MORTGAGE SPECIALISTS
  • First Open Lien Mortgage Recording Date: Apr 21, 2017
  • First Open Lien Mortgage Loan Amount: $219,000
  • 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: May 01, 2047
  • Second Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • Second Open Lien Mortgage Recording Date: May 03, 2021
  • Second Open Lien Mortgage Loan Amount: $211,500
  • 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

    Market Valuation

  • Market Total Value: $577,500
  • Market Land Value: $101,000
  • Market Improvement Value: $476,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,000
  • Assessed Land Value: $40,400
  • Assessed Improvements Value: $190,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2014
  • Current Sale Recording Date: Dec 30, 2014
  • Current Sale Transaction ID: 1172886535
  • Current Sale Price: $224,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-030264
  • Previous Sale Recording Date: Apr 09, 2001
  • Previous Sale Contract Date: Mar 30, 2001
  • Previous Sale Amount: $195,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jan 08, 2015
  • First Mortgage Loan Amount: $220,797
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: SUNSHINE MTG
  • Previous Mortgage Transaction Date: Apr 09, 2001
  • Previous Mortgage Loan Amount: $156,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 30, 2031

About Gwinnett



Similar Buildings

Property at 5271 Tormeall Trace,

160 Johnson Road

  • 1 Unit for Sale
  • 2 Stories
160 Johnson Road, Suwanee, GA 30024
Property at 5271 Tormeall Trace,

5282 Moore Road

  • 1 Unit for Sale
5282 Moore Road, Suwanee, GA 30024
Property at 5271 Tormeall Trace,

5233 Moore Road

  • 1 Unit for Sale
  • 2 Stories
5233 Moore Road, Suwanee, GA 30024
Property at 5271 Tormeall Trace,

5686 Kennedy Road

  • 1 Unit for Sale
5686 Kennedy Road, Suwanee, GA 30024
Property at 5271 Tormeall Trace,

790 Woodvale Point

  • 1 Unit for Sale
790 Woodvale Point, Suwanee, GA 30024
Property at 5271 Tormeall Trace,

4600 Suwanee Dam Road

  • 1 Unit for Sale
  • 1 Story
4600 Suwanee Dam Road, Suwanee, GA 30024
Property at 5271 Tormeall Trace,

5014 Gunnison Trace

  • 1 Unit for Sale
5014 Gunnison Trace, Suwanee, GA 30024
Property at 5271 Tormeall Trace,

858 Middle Fork Trail

  • 1 Unit for Sale
  • 2 Stories
858 Middle Fork Trail, Suwanee, GA 30024

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5271 Tormeall Trace located in?
The 5271 Tormeall Trace is a located in the neighborhood of Gwinnett in Gwinnett, Suwanee.
What is the average sales price for listings in 5271 Tormeall Trace?
The average sales price for units in 5271 Tormeall Trace is $0 currently.

Quantcast