Backup offers
#7519429, SAAD KHAN, Listing office: Virtual Properties Realty. Biz
Property details
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.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
CoolingCeiling Fan(s), Central Air
Lot size0.32 Acres
Year built1986
ParkingLevel Driveway
MLS #7540020
ViewTrees/Woods, Other
Summary
- Flooring Type: Luxury Vinyl
- Private Pool: No
- Parking: Level Driveway
- Waterfront: None
- View: Trees/Woods, Other
- Heating: Forced Air
- Cooling: Ceiling Fan(s), Central Air
- List Price: $520,000
- Annual Tax Amount: $3,931
- Tax Year: 2023
- Lot: Cul-De-Sac, Level
- Directions: GPS Friendly
- Year Built: 1986
- Lot Size: 0.32 Acres
- MLS Number: 7540020
- MLS Name: First Multiple Listing Service
- Office Name: Real Broker, LLC.
- Office Phone: (309) 317-1671
- Listing Agent: Linda Huynh
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.
IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 1:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 11, 2023 | Home Sold | $447,898 |
| Dec 19, 2011 | Home Sold | $30,001 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $122,480 | $3,931 |
| 2022 | $122,480 | $1,949 |
| 2021 | $59,440 | $1,949 |
| 2019 | $59,440 | $2,127 |
| 2018 | $59,440 | $1,742 |
| 2017 | $49,360 | $1,732 |
History based on county public records data.
Nearby schools
5
Simonton Elementary School
Public District KG-5
1.1 mi
•275 Simonton Rd
4
Lawrenceville Elementary School
Public District PK-5
1.2 mi
•122 Gwinnett Dr
4
Jenkins Elementary School
Public District KG-5
1.4 mi
•12 Village Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,602. The most common annual income of people living in Lawrenceville, GA is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
40%
<35k
43%
35k-100k
14%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
20%
Single, with Kids
15%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Chico's
Where do the neighbors go to eat?
Burger King
Popeyes
Bob Evans
What do the neighbors drive?
Buick
Dodge
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 501 Timber Ridge Ct
The listing price of 501 Timber Ridge Ct property is $520,000.
The property 501 Timber Ridge Ct is a multi located in Lawrenceville, Georgia, 30046.
Active Listing: 501 Timber Ridge Ct is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 Timber Ridge Ct are: Simonton Elementary School (GreatSchools Rating 5/10), Lawrenceville Elementary School (GreatSchools Rating 4/10), Jenkins Elementary School (GreatSchools Rating 4/10), Jordan Middle School (GreatSchools Rating 5/10), Moore Middle School (GreatSchools Rating 5/10), Richards Middle School (GreatSchools Rating 4/10), Central Gwinnett High School (GreatSchools Rating 4/10), International Transition Center (GreatSchools Rating 1/10), Phoenix High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $3,931 (source: MLS/based on county public records data).
The last sale was on July 11, 2023 for $447,898 (source: MLS/tax record).
The year of construction for 501 Timber Ridge Ct is 1986.
This home is located at 501 Timber Ridge Ct in Lawrenceville, GA and zip code 30046 in the Forest East neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $520,000.
In June 2025, from all listings sold in Lawrenceville, GA there were more than 67 sold above asking price, over 126 sold below and more than 74 were sold right at the asked price. The inventory of homes for sale in Lawrenceville, GA between May and June 2025 increased by 11.7%. In June 2025 median list price was $391,793 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.