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1943 Lake Shadow Way

1943 Lake Shadow Way, Suwanee, GA 30024
Property in Gwinnett
Sold Mar 15, 2023
Transfer
Sold Nov 27, 2013
$265,000
Buyer
Seller
$212,000 by Suntrust Bank
Mortgage
1943 Lake Shadow Way has been categorized by the local assessors in Suwanee, GA as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1943 Lake Shadow Way has 3,304 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 12,197 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 400 sqft. According to our sources, there are a total of 2 available parking spaces. 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. Prior to that sales transaction, the property was also sold in Nov 27, 2013 for $265,000. 1943 Lake Shadow Way was last assessed in 2023. The total value of the property was assessed at $200,160. Specifically, the land the property is located on was valued at $35,600. While improvements on the property were assessed at a total of $164,560. 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 $5,389. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • 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: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,675
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 3,304
  • Building Area: 3,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,304
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RICHLAND
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L62 BA LAKE RICHLAND #3

Ownership

  • Current Owner : LORIENT GUY
  • Previous Owner : LORIENT HUGUETTE ESTATE
  • Owner Before Previous Owner: HODGE LEROY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050566

Zoning

  • Zoning: R75-SINGLE

Geography

  • District: 1
  • Parcel: 7-087 -389
  • Block: A
  • Lot: 62
  • Municipality: COUNTY
  • Latitude: 34.003
  • Longitude: -84.0222

    Address

  • Full Address: 1943 Lake Shadow Way
  • Address - House Number: 1943
  • Address - Street Name: Lake Shadow
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R020
  • 4-Digit Zip Code: 4311
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,389

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 534,260
  • High Value: 610,123
  • Low Value: 458,396

    Market Valuation

  • Market Total Value: $500,400
  • Market Land Value: $89,000
  • Market Improvement Value: $411,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,160
  • Assessed Land Value: $35,600
  • Assessed Improvements Value: $164,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Transaction ID: 11904795544
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023-005434
  • Previous Sale Recording Date: Nov 27, 2013
  • Previous Sale Contract Date: Nov 27, 2013
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST BANK
  • Previous Mortgage Transaction Date: Dec 03, 2013
  • Previous Mortgage Loan Amount: $212,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Gwinnett



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Frequently Asked Questions

What neighborhood is 1943 Lake Shadow Way located in?
The 1943 Lake Shadow Way is a located in the neighborhood of Gwinnett in Gwinnett, Suwanee.
What is the average sales price for listings in 1943 Lake Shadow Way?
The average sales price for units in 1943 Lake Shadow Way is $0 currently.

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