NOT LISTED FOR SALE

1120 Lake Point Way Suwanee, GA 30024

Estimated Value: $403,000 - $423,000

3 Beds
2.5 Baths
1,788 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $332,000 $186 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,772/month

12 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Burnette Elementary School Rated A
  • Corner Lot
  • Security System Owned

About This Home

As of June 2021

This Suwanee two-story corner home offers a two-car garage. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage LLC License #308458 Listed on: 05/08/2021

Last Buyer's Agent

Rhonda Frost

Virtual Properties Realty.com License #274961

Virtual Properties Realty.com

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 2006

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 1,788 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Security System Owned
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 110 Volts

Community Details

  • Association Phone (678) 313-0156
  • Multi Family West Ii/Suwanee S Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Legal Lot and Block 299 / A
  • Assessor Parcel Number R7209 341

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,195

Year Built

Built in 2006

Lot Details

0

HOA Fees

$119 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: 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: Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Microwave
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1788.00
  • Spa Features: None
  • Window Features: None

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

Exterior Features

  • Construction Materials: Cement Siding, Wood Siding
  • Roof Type: Composition
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Natural Gas
  • Utilities: Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Association Fee: 119
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 678-313-0156
  • Subdivision Complex: MULTI FAMILY WEST II/SUWANEE S

Schools

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

Lot Info

  • Acres: 0.0600
  • Lot: 299
  • Land/Lot: 209
  • Plat Book: 114
  • Plat Page: 135
  • Lot Features: Corner Lot
  • Lot Dimensions: x
  • Parcel Number: R7209 341
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3195.00
  • Assessor Parcel Number: R7209-341
  • Close Date: 2021-06-15
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Lee Lucy Soohee
Bought by
Lee Lucy Soohee Trust and Lee Lucy Soohee
Total Days on Market
12
Current Estimated Value
$412,979

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 15, 2021
Sold by
Opendoor Property Trust I
Bought by
Lee Lucy Soohee
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Rhonda Frost
Virtual Properties Realty.com
List Price
$312,000
Sold Price
$332,000
Premium/Discount to List
$20,000
6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$102,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2021
Closed on
Apr 23, 2021
Sold by
Sanderson Steven
Bought by
Opendoor Property Trust I
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Rhonda Frost
Virtual Properties Realty.com
List Price
$312,000
Sold Price
$332,000
Premium/Discount to List
$20,000
6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2014
Closed on
Apr 30, 2014
Sold by
Goddard Homer L
Bought by
Sanderson Steven and Sanderson Tamika C
Seller's Agent
CONNIE GLEATON
NOT A VALID MEMBER
Buyer's Agent
THIA GREEN
EXP Realty, LLC.
List Price
$199,900
Sold Price
$196,000
Premium/Discount to List
-$3,900
-1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$192,449
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Lee Lucy Soohee Trust -- --
Lee Lucy Soohee $332,000 --
Opendoor Property Trust I $277,300 --
Sanderson Steven $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Lucy Soohee $102,000
Previous Owner Sanderson Steven $190,987
Previous Owner Sanderson Steven $192,693
Previous Owner Sanderson Steven $192,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $332,000 +6.4% $186 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $312,000 +59.2% $174 / Sq Ft
04/30/2014 04/30/14 Sold $196,000 -2.0% $110 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $199,900 -- $112 / 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 $4,336 $155,080 $30,000 $125,080
2022 $4,484 $132,800 $24,000 $108,800
2021 $3,434 $108,280 $20,000 $88,280
2020 $3,195 $98,240 $18,000 $80,240
2019 $2,705 $98,240 $18,000 $80,240
2018 $2,559 $90,840 $18,000 $72,840
2016 $2,239 $76,040 $15,200 $60,840
2015 $2,090 $68,040 $12,800 $55,240
2014 -- $68,040 $12,800 $55,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6880624

First Multiple Listing Service (FMLS)

APN: 7-209-341