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512 Cascade Drive

512 Cascade Drive, Lilburn, GA 30047
Property in Gwinnett
Sold Jul 06, 2009
$155,000
$126,170 by United Cmnty Mtg Svcs
Mortgage Due Jun 18, 2039
Sold Jul 13, 2005
$159,000
$151,050 by National Guaranty Mtg Corp
Mortgage Due Jun 29, 2035
Local assessors in Lilburn, GA have categorized 512 Cascade Drive as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 17,424 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level 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 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 512 Cascade Drive has a total of 1,976 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 888 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. 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. The building has a gable or hip style roof that was made of composition shingle. Lots of wood siding 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, 512 Cascade Drive sold most recently in Jun 18, 2009 for a total of $155,000. If you work out the math, that's approximately a cost of $78.44 per sqft. Before that, the property was also sold for $159,000 in Jun 29, 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 $3,195 in taxes each year. 512 Cascade Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $121,520. If we break it down further, the land itself was valued at $26,000. Improvements to the property, however, were assessed at a total of $95,520. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1978
  • Effective Year Built: 1978
  • 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: Split level
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 888
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,976
  • Building Area: 1,976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,976
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARBORS
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L4 BC ARBORS

Ownership

  • Current Owner : WANG CHANG-DING
  • Current Owner 2: WANG HSIN-FANG C
  • Previous Owner : PALMER CHRISTOPHER
  • Owner Before Previous Owner: OYER MICHAEL
  • Owner Before Previous Owner 2: OYER GERALDINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050425

Zoning

  • Zoning: R100-SINGL

Geography

  • District: 1
  • Parcel: 6-114 -164
  • Block: C
  • Lot: 4
  • Municipality: COUNTY
  • Latitude: 33.8622
  • Longitude: -84.1412

    Address

  • Full Address: 512 Cascade Dr Sw
  • Address - House Number: 512
  • Street Segment Direction: SW
  • Address - Street Name: Cascade
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Lilburn
  • Carrier Code: C019
  • 4-Digit Zip Code: 6312
  • Zip Code: 30047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,195

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 382,043
  • High Value: 438,827
  • Low Value: 325,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,170
  • First Open Lien Mortgage Lender: UNITED CMNTY MTG SVCS
  • First Open Lien Mortgage Recording Date: Jul 06, 2009
  • First Open Lien Mortgage Loan Amount: $126,170
  • 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: Jun 18, 2039

    Market Valuation

  • Market Total Value: $303,800
  • Market Land Value: $65,000
  • Market Improvement Value: $238,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,520
  • Assessed Land Value: $26,000
  • Assessed Improvements Value: $95,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2009
  • Current Sale Recording Date: Jul 06, 2009
  • Current Sale Transaction ID: 1079419015
  • Current Sale Price: $155,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 13, 2005
  • Previous Sale Contract Date: Jun 29, 2005
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED CMNTY MTG SVCS
  • First Mortgage Transaction Date: Jul 06, 2009
  • First Mortgage Loan Amount: $126,170
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 18, 2039

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL GUARANTY MTG CORP
  • Previous Mortgage Transaction Date: Jul 13, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $151,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 29, 2035

About Mountain Park



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Frequently Asked Questions

What neighborhood is 512 Cascade Drive located in?
The 512 Cascade Drive is a located in the neighborhood of Gwinnett in Mountain Park, Lilburn.
What is the average sales price for listings in 512 Cascade Drive?
The average sales price for units in 512 Cascade Drive is $0 currently.

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