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6850 Magnolia Park Lane

6850 Magnolia Park Lane, Norcross, GA 30093
House in Gwinnett
Sold Jan 28, 2020
$257,000
$252,345 by Homestar Financial
Mortgage Due Jan 01, 2050
Sold Mar 27, 2008
$169,000
$160,550 by Bank Of America
Mortgage Due Mar 21, 2038
6850 Magnolia Park Lane in Norcross, GA was first built in 1993 and is 31 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 6850 Magnolia Park Lane has 2,250 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 420 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 6850 Magnolia Park Lane sold most recently in Jan 28, 2020 for a total of $257,000. If you work out the math, that's approximately a cost of $114.22 per sqft. Before that, the property was also sold for $169,000 in Mar 21, 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 $5,661 in taxes each year. 6850 Magnolia Park Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $149,320. 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 $125,320. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Driveway

Driveway

Parking

Attached Garage
Open Parking

Exterior

Brick Exterior
Concrete Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,590
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,250
  • Building Area: 2,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,250
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L9 BA MAGNOLIA #1

Ownership

  • Current Owner : GARCIA LUIS A MANZANAREZ
  • Previous Owner : QUARLES JOHN S
  • Owner Before Previous Owner: KAMAYOR INTERNATIONAL TRADING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050456

Zoning

  • Zoning: RZT-S F R-

Geography

  • District: 1
  • Parcel: 6-193 -241
  • Block: A
  • Lot: 9
  • Municipality: COUNTY
  • Latitude: 33.8987
  • Longitude: -84.2263

    Address

  • Full Address: 6850 Magnolia Park Ln
  • Legal Unit: 1
  • Address - House Number: 6850
  • Address - Street Name: Magnolia Park
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Norcross
  • Carrier Code: C014
  • 4-Digit Zip Code: 3149
  • Zip Code: 30093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,661

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 441,860
  • High Value: 499,400
  • Low Value: 384,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,345
  • First Open Lien Mortgage Lender: HOMESTAR FINANCIAL
  • First Open Lien Mortgage Recording Date: Feb 04, 2020
  • First Open Lien Mortgage Loan Amount: $252,345
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $373,300
  • Market Land Value: $60,000
  • Market Improvement Value: $313,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,320
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $125,320

    Sales

  • Current Sale Contract Date: Jan 28, 2020
  • Current Sale Recording Date: Jan 28, 2020
  • Current Sale Transaction ID: 11723754080
  • Current Sale Price: $257,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-002233
  • Previous Sale Recording Date: Mar 27, 2008
  • Previous Sale Contract Date: Mar 21, 2008
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTAR FINANCIAL
  • First Mortgage Transaction Date: Jan 28, 2020
  • First Mortgage Loan Amount: $252,345
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Mar 27, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $160,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 21, 2038

About Gwinnett



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Frequently Asked Questions

What neighborhood is 6850 Magnolia Park Lane located in?
The 6850 Magnolia Park Lane is a house located in the neighborhood of Gwinnett in Gwinnett, Norcross.
What is the average sales price for listings in 6850 Magnolia Park Lane?
The average sales price for units in 6850 Magnolia Park Lane is $0 currently.

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