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1440 Oglethorpe Run Lane

1440 Oglethorpe Run Lane, Suwanee, GA 30024
Property in Gwinnett
Sold Dec 17, 2012
$167,000
$133,600 by United Wholesale Mortgage
Mortgage
Sold Sep 19, 2005
$239,900
Buyer
Seller
$215,900 by Terrace Mtg Corp
Mortgage Due Jul 20, 2035
Local assessors in Suwanee, GA have categorized 1440 Oglethorpe Run Lane as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 8,712 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1440 Oglethorpe Run Lane has a total of 2,884 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1440 Oglethorpe Run Lane sold most recently in Dec 17, 2012 for a total of $167,000. If you work out the math, that's approximately a cost of $57.91 per sqft. Before that, the property was also sold for $239,900 in Jul 20, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,930 in taxes each year. 1440 Oglethorpe Run Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $212,800. If we break it down further, the land itself was valued at $38,800. Improvements to the property, however, were assessed at a total of $174,000. 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 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.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: 1996
  • Effective Year Built: 1996
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Frontage Feet: 960
  • Total Building Area: 2,884
  • Building Area: 2,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,884
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SAVANNAH SQUARE
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L41 BB OGLETHORPE PARK @ OLD SAVANNAH SQUARE #3

Ownership

  • Current Owner : CHEN WEI SHUN
  • Current Owner 2: CHEN YAN QING
  • Previous Owner : AN CHONG K
  • Owner Before Previous Owner: KIM JUNG J

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050232

Zoning

  • Zoning: R60-SINGLE

Geography

  • District: 1
  • Parcel: 7-155 -224
  • Block: B
  • Lot: 41
  • Municipality: COUNTY
  • Latitude: 34.0092
  • Longitude: -84.0778

    Address

  • Full Address: 1440 Oglethorpe Run Ln
  • Address - House Number: 1440
  • Address - Street Name: Oglethorpe Run
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R014
  • 4-Digit Zip Code: 3645
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,930

    Appraisal Valuation

  • Standard Deviation: 0.1431
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 529,925
  • High Value: 605,760
  • Low Value: 454,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,600
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 28, 2012
  • First Open Lien Mortgage Loan Amount: $133,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $532,000
  • Market Land Value: $97,000
  • Market Improvement Value: $435,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,800
  • Assessed Land Value: $38,800
  • Assessed Improvements Value: $174,000

    Sales

  • Current Sale Contract Date: Dec 17, 2012
  • Current Sale Recording Date: Dec 17, 2012
  • Current Sale Transaction ID: 1038831802
  • Current Sale Price: $167,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-038652
  • Previous Sale Recording Date: Sep 19, 2005
  • Previous Sale Contract Date: Jul 20, 2005
  • Previous Sale Amount: $239,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 17, 2012
  • First Mortgage Loan Amount: $133,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: TERRACE MTG CORP
  • Previous Mortgage Transaction Date: Sep 19, 2005
  • Previous Mortgage Loan Amount: $215,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 20, 2035

About Gwinnett



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Frequently Asked Questions

What neighborhood is 1440 Oglethorpe Run Lane located in?
The 1440 Oglethorpe Run Lane is a located in the neighborhood of Gwinnett in Gwinnett, Suwanee.
What is the average sales price for listings in 1440 Oglethorpe Run Lane?
The average sales price for units in 1440 Oglethorpe Run Lane is $0 currently.

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