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Last nights fireworks were spectacular. Tons of locals enjoyed the carnival like atmosphere. There was face painting, slides for the kids, fire trucks for them to get in, and plenty of food and good company. Check out the pics and future video of last nights event.
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First Baptist Snellville is hosting an American Festival. There are activities for all ages including a car show. Last years event drew thousands of people. My family and I had a great time last year. The festival lasts from 5-10 p.m. See you there.
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| Residential Detached - Sold | ||||||||||||
| RES | ML# | Status | Address | Area | Map | Subdivision | BR | Bath | Year Built | List Price | Sale Price | Activity Date |
| 1 | 3888693 | Sold | 2322 IVY MOUNTAIN DR | 64 | 792g1 | Carrington Village | 3 | 3/0 | 2005 | $380,000 | $315,000 | 6/3/2009 |
| 2 | 3777205 | Sold | 2151 Hidden Mill Run | 64 | 744E7 | Bridgewater | 4 | 2/1 | 1986 | $374,900 | $361,000 | 6/2/2009 |
| 3 | 3886113 | Sold | 794 BRENTMEAD DR | 64 | 744J4 | FLOWERS CROSSING AT THE MILL | 6 | 4/0 | 1997 | $334,900 | $335,000 | 6/9/2009 |
| 4 | 3837709 | Sold | 731 PROVIDENCE DRIVE | 64 | 744E5 | FLOWERS CROSSING | 4 | 2/1 | 2000 | $239,900 | $230,000 | 6/1/2009 |
| 5 | 3835127 | Sold | 3605 Brookwood Run Ct SW | 64 | 743H10 | Brookwood West | 4 | 2/1 | 1998 | $235,000 | $227,500 | 6/2/2009 |
| 6 | 3890835 | Sold | 1920 MILFIELD CIRCLE | 64 | 744G7 | KENSINGTON | 4 | 2/1 | 1993 | $214,900 | $214,900 | 6/3/2009 |
They are plenty of fantastic deals as evidenced by the solds for the 1st two weeks of June.
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I wandered out to look at some investment properties this afternoon… One of the properties was priced at $29,000… in a neighborhood of $100,000+ homes. In fact, this very home had sold for over $110,000 in the last couple of years.
Yep.
The funny thing is that the wholesaler says it needs like $12,000 in repairs… Maybe if you pick up all of your materials from the curb after they are tossed out of nice homes… I would put the budget at closer to $40,000. and that is assuming that the mechanicals and structure are ok, and that isn’t a safe assumption.
Here is a list:
I would peg the property at a value more in line with $15,000. An investor will need to realize a healthy profit AND have enough room for hidden defects.
I’m not saying that those are probabilities… just that they are possible.
An end-use buyer would face similar issues, AND they will need to be able to finance it without FHA support, since it probably wouldn’t qualify. It also would have trouble with many renovation programs… so cash might be in order for renovations.
But for the right buyer it could be a great deal.
I did run across another property that looks like a much better deal…
from LaneBailey.com
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Brookwood High School Area:
| Residential Detached | |||||||||||||
| Res | ML# | Media | VT | Status | Address | State | Area | Map | Subdivision | Bed | Bath | Year Built or Sold / Expire Date |
Price |
| 1 | 3813683 | 1 | 0 | Sold | 1315 Kildare Ct SW | GEORGIA | 64 - GWINNETT COUNTY | 744G9 | WATERFORD TOWNSHIP | 5 | 4/1 | 1/28/2009 | $515,000 * |
| 2 | 3714911 | |
1 | Sold | 1161 NASH LEE DRIVE | GEORGIA | 64 - GWINNETT COUNTY | 791F1 | NASH LEE ESTATES | 5 | 4/0 | 2/23/2009 | $350,000 # * |
| 3 | 3835549 | |
1 | Sold | 1845 GLENHURST DR | GEORGIA | 64 - GWINNETT COUNTY | 792F1 | CARRINGTON | 3 | 2/1 | 2/24/2009 | $307,000 |
| 4 | 3814718 | |
0 | Sold | 1011 Nash Lee Drive SW | GEORGIA | 64 - GWINNETT COUNTY | 791F1 | Nash Lee Estates | 5 | 4/0 | 1/5/2009 | $300,000 # |
| 5 | 3805161 | |
0 | Sold | 1436 Sheridan Place | GEORGIA | 64 - GWINNETT COUNTY | 744h5 | Flowers Crossing | 5 | 4/0 | 2/11/2009 | $269,900 # * |
| 6 | 3817782 | |
0 | Sold | 217 Coopers Pond Dr SW | GEORGIA | 64 - GWINNETT COUNTY | 744A5 | COOPERS POND | 5 | 3/1 | 2/19/2009 | $200,000 # |
| 7 | 3773407 | |
0 | Sold | 1372 JANMAR ROAD | GEORGIA | 64 - GWINNETT COUNTY | 744G8 | NONE | 4 | 2/1 | 1/5/2009 | $225,000 # * |
| 8 | 3768621 | |
0 | Sold | 1359 SCENIC VIEW TRACE | GEORGIA | 64 - GWINNETT COUNTY | 999A9 | SCENIC OVERLOOK | 5 | 4/0 | 2/27/2009 | $186,200 # |
| 9 | 3828441 | |
1 | Sold | 1260 BULLOCK PLACE | GEORGIA | 64 - GWINNETT COUNTY | 792B1 | BROOKWOOD COMMONS | 5 | 4/0 | 1/30/2009 | $222,900 # |
| 10 | 3761538 | |
0 | Sold | 835 CRICKET HILL TRL | GEORGIA | 64 - GWINNETT COUNTY | 744C6 | Almont Farms | 3 | 2/0 | 2/24/2009 | $152,000 |
| 11 | 3734726 | |
0 | Sold | 858 Clarion Way | GEORGIA | 64 - GWINNETT COUNTY | 0000a00 | Flowers Crossing | 3 | 2/1 | 1/9/2009 | $157,500 # * |
| 12 | 3771910 | |
0 | Sold | 792 ROXBORO TRACE | GEORGIA | 64 - GWINNETT COUNTY | 09A9 | RIVER OAK VILLAGE | 4 | 3/0 | 1/23/2009 | $145,000 # * |
| 13 | 3806870 | |
0 | Sold | 2003 Parkwood Rd SW | GEORGIA | 64 - GWINNETT COUNTY | 792A4 | N0NE | 4 | 2/1 | 2/7/2009 | $140,000 # * |
| 14 | 3822912 | |
0 | Sold | 2746 Jo Beth Dr SW | GEORGIA | 64 - GWINNETT COUNTY | A9A | POOLE CREEK FOREST | 3 | 2/0 | 1/30/2009 | $137,500 # |
| 15 | 3820023 | |
0 | Sold | 1065 LAUREL COVE DRIVE | GEORGIA | 64 - GWINNETT COUNTY | 744B9 | DOMINION WALK | 3 | 2/0 | 1/23/2009 | $116,000 # |
| 16 | 3822022 | |
0 | Sold | 1221 HERITAGE HILLS CIR | GEORGIA | 64 - GWINNETT COUNTY | 744J7 | HERITAGE HILLS | 5 | 2/1 | 2/9/2009 | $124,900 # * |
| 17 | 3818395 | |
0 | Sold | 2400 Deer Isle Ct | GEORGIA | 64 - GWINNETT COUNTY | 0000aa0 | River Bridge | 4 | 3/0 | 2/27/2009 | $89,000 # * |
| 18 | 3769715 | 1 | 0 | Sold | 1402 HEWATT ROAD | GEORGIA | 64 - GWINNETT COUNTY | 792A3 | NONE | 3 | 2/0 | 2/23/2009 | $70,000 # * |
| 19 | 3786356 | 1 | 0 | Sold | 3400 DEARWOOD DRIVE | GEORGIA | 64 - GWINNETT COUNTY | 791K2 | MAYFAIR | 3 | 2/1 | 2/23/2009 | $67,500 # * |
| 20 | 3745326 | |
0 | Sold | 4096 SIGNAL RDG | GEORGIA | 64 - GWINNETT COUNTY | 791H5 | STONEMONT | 3 | 3/0 | 1/12/2009 | $72,000 # * |
| 21 | 3833784 | |
0 | Sold | 3311 BIRCHWOOD TRL | GEORGIA | 64 - GWINNETT COUNTY | 792B04 | HARDWOOD MANOR | 4 | 2/1 | 2/18/2009 | $73,500 * |
| 22 | 3830764 | |
0 | Sold | 3435 RIVER DRIVE | GEORGIA | 64 - GWINNETT COUNTY | 743H9 | NONE | 4 | 2/0 | 1/10/2009 | $70,000 # |
| 23 | 3856881 | 0 | Sold | 2635 FIVE FORKS TRICKUM ROAD | GEORGIA | 64 - GWINNETT COUNTY | 99999 | NONE | 3 | 1/1 | 2/19/2009 | $50,000 |
| Summary - 23 Properties Found | ||||||
| Bedrooms | Full Baths | Half Baths | List Price | Sale Price | Days on Market | |
| Min | 3 |
1 |
0 |
$
60,000 |
$
50,000 |
4 |
| Avg | 4 |
3 |
0 |
$
190,647 |
$
175,691 |
92 |
| Max | 5 |
4 |
1 |
$
599,000 |
$
515,000 |
248 |
There are 370 active listings in Brookwood with 250 of them listed for over $193,000
Help the economy- don't be afraid to buy in an award winning school district like Brookwood
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