7110 McGinnis Ferry Road

7110 McGinnis Ferry Road has been categorized by the local assessors in Suwanee, GA as a commercial type of property. The building on the property was first built in 1994 and is 30 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 2 bedrooms. There are 4 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, 7110 McGinnis Ferry Road has 4,992 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 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Jan 28, 2021 for $2,500,000. That's $868.06 per sqft. Prior to that sales transaction, the property was also sold in Jan 11, 2021 for $600,000. 7110 McGinnis Ferry Road was last assessed in 2023. The total value of the property was assessed at $795,932. Specifically, the land the property is located on was valued at $576,000. While improvements on the property were assessed at a total of $219,932. 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 $19,591. 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.