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558 Burnt Creek Drive

558 Burnt Creek Drive, Lilburn, GA 30047
Property in Gwinnett
Sold Nov 15, 2021
Transfer
$199,500 by First Option Mortgage
Mortgage Due Jan 01, 2051
Sold Feb 23, 2021
$210,000
$199,500 by First Option Mortgage
Mortgage Due Jan 01, 2051
558 Burnt Creek Drive has been categorized by the local assessors in Lilburn, GA as a residential type of property. The building on the property was first built in 1981 and is 43 years old. The home has a total of 6 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 558 Burnt Creek Drive has 1,206 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 10,019 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 294 sqft. According to our sources, there is one available parking space. 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $210,000 in Feb 23, 2021. Current property owners are expected to pay $3,334 in taxes per year. The property on 558 Burnt Creek Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $84,000. To break that down further, the land itself was valued at $22,000. While improvements to the property were assessed at a total of $62,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 294
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,206
  • Building Area: 1,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,206
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BURNT CREEK
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L3 BA BURNT CREEK #1

Ownership

  • Current Owner : AMAYA BLANCA YANIRA AYALA
  • Current Owner 2: REYES JOSE E
  • Previous Owner : REYES WALTER A
  • Owner Before Previous Owner: GONZALEZ BORINQUEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050440

Zoning

  • Zoning: RM-MULTI-F

Geography

  • District: 1
  • Parcel: 6-150 -173
  • Block: A
  • Lot: 3
  • Municipality: COUNTY
  • Latitude: 33.9117
  • Longitude: -84.1174

    Address

  • Full Address: 558 Burnt Creek Dr Nw
  • Legal Unit: 1
  • Address - House Number: 558
  • Street Segment Direction: NW
  • Address - Street Name: Burnt Creek
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Lilburn
  • Carrier Code: C027
  • 4-Digit Zip Code: 2754
  • Zip Code: 30047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,334

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 80
  • Final Value: 268,974
  • High Value: 311,308
  • Low Value: 226,641

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,500
  • First Open Lien Mortgage Lender: FIRST OPTION MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $199,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $55,000
  • Market Improvement Value: $155,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,000
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $62,000

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Transaction ID: 11874592919
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-043436
  • Previous Sale Recording Date: Feb 23, 2021
  • Previous Sale Contract Date: Feb 23, 2021
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST OPTION MORTGAGE
  • Previous Mortgage Transaction Date: Feb 23, 2021
  • Previous Mortgage Loan Amount: $199,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

About Gwinnett



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Frequently Asked Questions

What neighborhood is 558 Burnt Creek Drive located in?
The 558 Burnt Creek Drive is a located in the neighborhood of Gwinnett in Gwinnett, Lilburn.
What is the average sales price for listings in 558 Burnt Creek Drive?
The average sales price for units in 558 Burnt Creek Drive is $0 currently.

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