192 PAPER MILL RD

Lawrenceville, Georgia, 30046

Redeemable DeedpendingSells Oct 6, 2026 · in 5 days

View on map ↗

Opening bid

$8,857

Assessed value

$98,440

Land $28,120Improvement $70,320

Market / AVM

$273,000

Taxes owed

—

Parcel number: R5179 533
Case number: —
Land use: Residential
Beds / baths: 3 bd · 2 ba
Building: 1,578 sqft
Acreage: 1.71
Lot size: 74,502 sqft
Year built: 1972
Owner of record: PEPPERPIKE DEVELOPMENT COMPANY LLC

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 192 PAPER MILL RD — the parcel

Aerial view of 192 PAPER MILL RD — what is around it

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Nothing adverse found within range of this parcel.

Context

8% of homes vacant year-round in Census Tract 505.69
149 of 1,871 units vacant year-round, around or below the national tract average.
Tract median home value $300,800
Self-reported median across the whole tract — context for whether a number is plausible, not a comparable and never a bid input.
Median household income $58,958
Tract median household income. Sets what a local buyer can finance.
FEMA flood zone X
Outside the 1% annual chance floodplain.
Elevation 1024 ft
Ground elevation at the parcel. Compare with the FEMA base flood elevation where one is published.
64% owner-occupied
Owner-occupied majority, which usually means a retail resale is possible.

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 329 values

Summary(22)

Id	45,030,766
Beds	3
Baths	2
Equity	$68,400
Vacant	Yes
Quit claim	Yes
Notice type	FOR
Last sale date	2023-11-09
Property type	SFR
Absentee owner	Yes

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Gwinnett County assessor ↗search: R5179 533
Google Maps (parcel / address search) ↗

Gwinnett County rules

Sale type: Redeemable Deed
Redemption: 1 year from sale
Return if redeemed: 20% premium first year, +10% each additional year
Statute: Official Code of Georgia Annotated Title 48, Ch. 4

Full county profile →

Historical comps

No historical bucket for GA|Redeemable Deed

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Liens that survive

Redeemable tax deed subject to ~12-month redemption. After barment of redemption, most junior private liens cut off; federal liens can survive. Search FiFa and municipal liens before bidding.

Quiet title

Barment of right of redemption + quiet title commonly required for insurable Georgia tax title before resale.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Gwinnett County Tax Commissioner — Tax Liens & Tax Sales ↗

Deal analysis

Your maximum bid

$160,384

Walk away above this. Projected profit at the ceiling: $81,900 (30% of ARV).

Opening bid $8,857

Room to bid $151,527

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$63,053

Under max by $97,331

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for GA|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $273,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $273,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$21,840
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical GA range ($3,000–$7,500, ~6 months).: −$5,250
Deed recording and transferassumed Typical GA recording and deed issuance cost.: −$350
Holding costs (8 months)assumed Taxes, insurance, and securing the property at ~$410/month.: −$3,276
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$81,900
Maximum bid: $160,384

If the owner redeems

Flat penalty

20%

You'd receive

$32,077

Window

365 days

A 20% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

redemption stays open indefinitely until the purchaser forecloses it by statutory notice (barment)

Quoted elsewhere as 20% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 12-month period is a minimum, not an expiry — the redemption right persists until you serve barment notice, so budget for that process.

AI risk brief

Reads this parcel against GwinnettCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Nothing adverse found within range of this parcel.

Context

8% of homes vacant year-round in Census Tract 505.69

149 of 1,871 units vacant year-round, around or below the national tract average.

Tract median home value $300,800

Self-reported median across the whole tract — context for whether a number is plausible, not a comparable and never a bid input.

Median household income $58,958

Tract median household income. Sets what a local buyer can finance.

FEMA flood zone X

Outside the 1% annual chance floodplain.

Elevation 1024 ft

Ground elevation at the parcel. Compare with the FEMA base flood elevation where one is published.

64% owner-occupied

Owner-occupied majority, which usually means a retail resale is possible.

45,030,766

Beds

Baths

Equity

$68,400

Vacant

Yes

Quit claim

Yes

Notice type

FOR

Last sale date

2023-11-09

Property type

SFR

Absentee owner

Yes