NOT LISTED FOR SALE

1118 Lake Point Way Suwanee, GA 30024

Estimated Value: $409,000 - $458,187

3 Beds
2.5 Baths
2,448 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 18, 2024

Last sale price $400,000 $163 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,567/month

9 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Wood Flooring
  • Burnette Elementary School Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of September 2024

Beautiful home, Incredible price, in the highly sought-after Suwanee Station subd! This elegant brick front townhouse offers 3 bedrooms, 2.5 baths, Primary Suite on the main floor, and an array of modern features designed for comfortable and stylish living. The desirable location of this home combines the tranquility of suburban living with convenient access to local amenities, shopping, dining, and entertainment. Step inside to discover the beautiful freshly painted interior and new wood flooring adding warmth and elegance to your living spaces. The 2-story great room is the heart of the home, boasting soaring ceilings, abundant natural light and cozy fireplace. This inviting space is perfect for relaxation and entertaining, creating a sense openness and grandeur. The formal dining makes dinner parties and holidays special; The eat-in kitchen is a culinary delight, equipped with stainless steel appliances, ample cabinetry, and a cozy breakfast area, It's perfect for casual meals and gatherings with loved ones. Main Level Primary Suite offers new wood flooring, convenience and luxury with a spacious bedroom, large ensuite bathroom, and walkcl-in closet space.

Upstairs the 2nd level features an oversized loft overlooking the great room provides a versatile space that can be used as a home office, play area, or additional living space, offering endless possibilities to suit your lifestyle. The upper level includes two additional spacious bedrooms, and a full bath, ensuring comfort and privacy for family members or guests. The attached 2-car garage provides secure parking and extra storage, adding to the convenience of this delightful home.

Discover the perfect blend of comfort, style, and convenience in this charming townhouse. Whether you're looking for a spacious family home or a place to entertain friends, this property offers it all. The outstanding amenities include a gorgeous clubroom, tennis courts, pool, playground, sports court and walking trails. Plus top Gwinnett County schools. Don't miss the opportunity to make this townhouse your own—schedule a showing today and experience the beauty and functionality of 1118 Lake Point Way in Suwanee Station!

Last Listed By

MONA BELCHER

Property Brokers, LLC License #278968 Listed on: 07/31/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $686

Year Built

  • Built in 2006

Lot Details

  • 2,178 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Private Entrance

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Great Room with Fireplace
  • Formal Dining Room
  • Loft
  • Pull Down Stairs to Attic
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Front Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Burnette Elementary School
  • Hull Middle School
  • Peachtree Ridge High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 298 / A
  • Assessor Parcel Number R7209 340

Community Details

Overview

  • $250 Initiation Fee
  • Douglas Property Mgmt Association, Phone Number (770) 926-3086
  • Suwanee Station Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$686

Year Built

Built in 2006

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Central Vacuum, Disappearing Attic Stairs, Double Vanity, High Ceilings 9 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Additional Rooms: Great Room - 2 Story, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2448.00
  • Spa Features: None
  • Window Features: Double Pane Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch
  • Exterior Features: Private Entry
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Rear, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Multi Units
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Reserve Fund
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Near Schools, Near Shopping, Pickleball, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Hoa Contact Phone: 770-926-3086
  • Management Company Email: info@dpm-re.com
  • Subdivision Complex: Suwanee Station

Association/Amenities

  • Management Company: Douglas Property Mgmt

Schools

  • Elementary School: Burnette
  • Middle School: Hull
  • High School: Peachtree Ridge

Lot Info

  • Acres: 0.0500
  • Lot: 298
  • Land/Lot: 209
  • Plat Book: 114
  • Plat Page: 135
  • Lot Dimensions: x
  • Parcel Number: R7209 340
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 250

Tax Info

  • Taxes: 686.00
  • Assessor Parcel Number: R7209-340
  • Close Date: 2024-09-18
  • Tax Year: 2023

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Burnette
  • High School: Peachtree Ridge
  • Middle School: Hull

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 18, 2024
Sold by
Walker Lisa Monique
Bought by
Sampath Malaiarasi
Seller's Agent
MONA BELCHER
Property Brokers, LLC
Buyer's Agent
Jamima Kim
Valor Realty Group
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Total Days on Market
9
Views
55
Current Estimated Value
$426,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,047
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
Jun 2, 2006
Sold by
Homeland Legacy Builders
Bought by
Walker Karen A

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sampath Malaiarasi -- --
Sampath Malaiarasi $400,000 --
Walker Karen A $203,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $400,000 -3.6% $163 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $415,000 0.0% $170 / Sq Ft
07/29/2024 07/29/24 Price Changed $415,000 -3.0% $170 / Sq Ft
07/25/2024 07/25/24 Price Changed $428,000 -- $175 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $829 $183,320 $30,000 $153,320
2022 $1,605 $160,280 $24,000 $136,280
2021 $1,411 $128,160 $20,000 $108,160
2020 $1,353 $116,320 $18,000 $98,320
2019 $822 $116,320 $18,000 $98,320
2018 $822 $107,000 $18,000 $89,000
2016 $814 $89,560 $15,200 $74,360
2015 $822 $80,320 $12,800 $67,520
2014 $834 $80,320 $12,800 $67,520
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7421419

First Multiple Listing Service (FMLS)

APN: 7-209-340