21 days on rocket

501 Timber Ridge Ct, Lawrenceville, GA, 30046

$525,000

Home List Price

$6,234*

Closing Credit

0 Baths
House

Location

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501 Timber Ridge Ct, Lawrenceville$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

ParkingAttached
Attached GarageYes
Year Built1986
HeatingForced Air
CoolingCeiling Fan(s), Central Air
MLS #10419483
Lot Size0.32 Acres
StatusActive

About 501 Timber Ridge Ct

Excellent investment opportunity! This income-producing property features long-term tenants and a solid 4-sided brick building. Each spacious unit offers 2 bedrooms and 2 baths. With no HOA fees and strong cash flow, this property is a great addition to any portfolio. Please do not disturb tenants. Conveniently located near Hwy 316 and downtown Lawrenceville, with easy access to hospitals, restaurants, schools, parks, and shopping.

Property Details

Property Features

Property Information:

  • Year Built: 1986

Listing Office:

  • Office Name: Real Broker LLC
  • Listing Agent: Linda Huynh

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

Tax Information:

  • Annual Amount: $2,133
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lawrenceville, GA.

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Lawrenceville, GA

City

Med. Sold Price

$395.1K

Med. Price/SqFt

$179

Avg. Days On Market

45

# of Sold Homes

213

501 Timber Ridge Ct vs Lawrenceville

21 DAYS ON ROCKET

-24 Days

$525,000

+$129.8K More

KEY TAKEAWAY

This property is $129.8K more than the Median Sold Price in Lawrenceville, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10419483

Listing Office:

  • Office Name: Real Broker LLC
  • Listing Agent: Linda Huynh

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 19, 2011Home Sold
$30,001

Tax History

YEARPROP. TAXASSESSMENT
2021$2,133$59,440
2019$2,127$59,440
2018$1,743$59,440
2017$1,732$49,360

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-16800
5
/10

  • Simonton Elementary School

  • 275 Simonton Rd

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-16801
4
/10

  • Lawrenceville Elementary School

  • 122 Gwinnett Dr

  • 1.16 miles

  • Public District Grades PK-5

school-card-donut-16802
4
/10

  • Jenkins Elementary School

  • 12 Village Way

  • 1.44 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,602. Typical income of Lawrenceville, GA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Timber Ridge Ct

What is the listing price of this property?

The listing price of 501 Timber Ridge Ct property is $525,000.

What type of property is this?

The property 501 Timber Ridge Ct is a house located in Lawrenceville, Georgia, 30046.

Is this property for sale now?

Active Listing: 501 Timber Ridge Ct is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,133 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 19, 2011 for $30,001. (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Timber Ridge Ct is 1986.

Rocket Homes›Georgia›Gwinnett County›Lawrenceville›30046›501 Timber Ridge Ct

This home is located at 501 Timber Ridge Ct in Lawrenceville, GA and zip code 30046 in the Forest East neighborhood. This home, which was built in 1986, sits on a 0.32 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $525,000.

Lawrenceville, GA housing market in November 2024 saw over 40 listings sold above listed price, more than 46 sold at listed price and over 114 sold below. The number of homes for sale in Lawrenceville, GA decreased by 0.2% between October 2024 and November 2024. Listings spent 45 days on the market in November 2024, and had a median list price of $395,158 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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