NOT LISTED FOR SALE

1162 Lake Point Way Suwanee, GA 30024

Estimated Value: $407,000 - $419,000

3 Beds
2.5 Baths
1,788 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $157,000 $88 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,709/month

44 Days on Market

Highlights

  • Fitness Center
  • Open-Concept Dining Room
  • Traditional Architecture
  • Burnette Elementary School Rated A
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of November 2013

Welcome to this gorgeously upgraded townhome in Suwanee station. This lovely townhome offers a gourmet kitchen with Corian counters, a Corian breakfast bar,Beautiful tile backsplash, stainless appliances, cherry cabinets & more. Kitchen overlooks beautiful formal dining rm. Off the dining rm is the spectacular vaulted living room. The living room, dining area & kitchen are covered with gorgeous hardwood floors. Master suite is on the main level. It has a huge walk in closet. Upstairs loft, big bedrooms. Swim/Tennis community, walk to fine dining & shopping.Clubhouse

Last Agent to Sell the Property

MARILOU YOUNG

Virtual Properties Realty. Biz License #208355 Listed on: 08/28/2013

Virtual Properties Realty. Biz

Last Buyer's Agent

Soo Chae

Realty & Co. License #265154

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 2006

Lot Details

  • 2,178

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Split Level Home
  • Brick Front

Interior Spaces

  • 1,788 Sq Ft Home
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Loft
  • Open Access

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Enclosed patio or porch
  • Two or More Common Walls
  • Property is near shops

Listing and Financial Details

  • Legal Lot and Block 283 / A
  • Assessor Parcel Number 1162LakePoint1162WAY

Community Details

Overview

  • Property has a Home Owners Association
  • Suwanee Station Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,422

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 2006
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Gas Log, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer 2 Story, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Solid Surface Counters, Pantry, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Living Room, Loft, Other
  • Dining Room Features: Open Concept
  • Square Footage: 1788.00
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front
  • Patio And Porch Features: Covered, Enclosed

Garage/Parking

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

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Near Shopping, Pool, Tennis Court(s)
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Suwanee Station

Schools

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

Lot Info

  • Lot: 283
  • Land/Lot: 209
  • Deed Book: 52262
  • Deed Page: 291
  • Plat Book: 114
  • Plat Page: 135
  • Parcel Number: 1162LakePoint1162WAY
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 1422.00
  • Assessor Parcel Number: R7209-325
  • Close Date: 2013-11-22
  • Tax Year: 2012

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2013
Closed on
Nov 22, 2013
Sold by
Branton Marjorie S
Bought by
Kim Yong S and Kim Jin Hee
Seller's Agent
MARILOU YOUNG
Virtual Properties Realty. Biz
Buyer's Agent
Soo Chae
Realty & Co.
List Price
$175,000
Sold Price
$157,000
Premium/Discount to List
-$18,000
-10.29%
Current Estimated Value
$411,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,926
Avg. Annual Appreciation
8.67%
Original Mortgage
$125,250
Outstanding Balance
$94,844
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$317,082

Purchase Details

Listed on
Nov 24, 2012
Closed on
May 29, 2013
Sold by
Gardom Christy
Bought by
Branton Marjorie S
Seller's Agent
MIKE BEERNINK
Virtual Properties Realty.com
Buyer's Agent
POLLY BROWN
NOT A VALID MEMBER
List Price
$150,000
Sold Price
$130,680
Premium/Discount to List
-$19,320
-12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.56%
Original Mortgage
$104,544
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Homeland Legacy Builders
Bought by
Gardom Preston and Gardom Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,350
Interest Rate
6.12%
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
Kim Yong S $167,000 --
Branton Marjorie S $130,680 --
Gardom Preston $218,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Yong S $125,250
Closed Kim Yong S $125,250
Previous Owner Branton Marjorie S $104,544
Previous Owner Gardom Preston $200,702
Previous Owner Gardom Preston $215,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $157,000 -10.3% $88 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $175,000 +33.9% $98 / Sq Ft
05/29/2013 05/29/13 Sold $130,680 -12.9% $73 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
11/24/2012 11/24/12 For Sale $150,000 -- $84 / 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 $5,078 $153,800 $30,000 $123,800
2022 $4,999 $134,040 $24,000 $110,040
2021 $4,051 $107,360 $20,000 $87,360
2020 $3,699 $97,400 $18,000 $79,400
2019 $3,210 $97,400 $18,000 $79,400
2018 $2,973 $89,800 $18,000 $71,800
2016 $2,487 $75,200 $15,200 $60,000
2015 $2,239 $66,800 $12,800 $54,000
2014 $2,254 $66,800 $12,800 $54,000
Source: Public Records

Agents Affiliated with this Home

  • MARILOU YOUNG

    Seller's Agent in 2013

    MARILOU YOUNG

    Virtual Properties Realty.BIZ

    (770) 601-6950

    66 Total Sales

    MARILOU YOUNG
    Section Image
  • MIKE BEERNINK

    Seller's Agent in 2013

    MIKE BEERNINK

    Virtual Properties Realty

    (770) 265-8580

    2 in this area

    98 Total Sales

    MIKE BEERNINK
    Section Image
  • Soo Chae

    Buyer's Agent in 2013

    Soo Chae

    Realty & Co.

    (404) 374-0011

    4 in this area

    31 Total Sales

    Soo Chae
    Section Image

  • P

    Buyer's Agent in 2013

    POLLY BROWN

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5190083

First Multiple Listing Service (FMLS)

APN: 7-209-325

Georgia Gwinnett County Suwanee 30024

1162 Lake Point Way, Suwanee, GA

This home is located at 1162 Lake Point Way, Suwanee, GA 30024 since 28 August 2013 and is currently estimated at $411,926, approximately $230 per square foot. This property was built in 2006. 1162 Lake Point Way is a home located in Gwinnett County with nearby schools including Burnette Elementary School, Hull Middle School, and Peachtree Ridge High School.

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