NOT LISTED FOR SALE

1188 Lake Point Way Suwanee, GA 30024

Estimated Value: $393,000 - $400,000

3 Beds
4 Baths
1,568 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $184,000 $117 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,513/month

59 Days on Market

Highlights

  • Two Primary Bedrooms
  • Clubhouse
  • Tennis Courts
  • Burnette Elementary School Rated A
  • Community Pool
  • Living Room

About This Home

As of May 2015

ELEGANT SUWANEE TOWNHOME IN HIGHLY SOUGHT AFTER SWIM/TENNIS COMMUNITY. KITCHEN, DINING AND LIVING ROOM LOCATED ON MAIN LEVEL; WITH MASTER AND LARGE SECOND BEDROOM ON UPPER, EACH WITH FULL BATH. FINISHED LOWER LEVEL COMPLETE WITH FULL BATH IS READY FOR BEDROOM/OFFICE/BONUS ROOM. IN ADDITION TO SPACIOUS INTERIOR, THIS HOME HAS A LARGE GRASS AREA OUT BACK, PERFECT PLAY AREA. CLUBHOUSE, POOL & TENNIS AREA ARE STEPS AWAY FROM THIS CONVENIENT LOCAL HOME, AS ARE NUMEROUS SHOPS/RESTAURANTS. HOA INCLUDES LAWN CARE, SWIM/TENNIS, FITNESS ROOM AND MORE.

Last Agent to Sell the Property

Earl Coleman

BHGRE Metro Brokers License #247332 Listed on: 02/13/2015

BHGRE Metro Brokers

Last Buyer's Agent

Robin Lanese

Virtual Properties Realty.com License #165251

Virtual Properties Realty.com

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,709

Year Built

  • 2007

Lot Details

  • 1,742

Home Design

  • Ceiling Insulation

Interior Spaces

  • Double Master Bedroom
  • 1,568 Sq Ft Home
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Schools

  • Burnette / Gwinnett / Gwinnett County Elementary School
  • Richard Hull / Gwinnett / Gwinnett County Middle School
  • Peachtree Ridge / Gwinnett / Gwinnett County High School

Utilities

  • Programmable Thermostat
  • Gas Water Heater
  • Sewer in Street

Community Details

Recreation

  • Tennis Courts
  • Swim Team
  • Community Pool
  • Park

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$3,709

Year Built

2007

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2007

Interior Features

  • Fireplace(s): 1, In Living Room, Gas Starter, Masonry
  • Basement: Inside Entrance, Finished Rooms, Full
  • Equipment: Smoke/Fire Alarm, Fire Sprinkler
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Icemaker Line, Built-In Microwave, Range/Oven, Refrigerator
  • Interior Amenities: Attic Expandable, Cable In Street, Cable TV Connections, Trey Ceilings, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Garden Tub, Tile Floors, Wall-to-wall Carpet
  • Laundry Location: Hall, Upstairs
  • Laundry Type: Closet
  • Kitchen / Breakfast: Breakfast Area, Pantry
  • Above Grade Finished Sq Ft: 1568

Exterior Features

  • Construction: Brick/Frame
  • Exterior Features: Balcony, Deck/Patio, Dog Run/Pen
  • Roof Type: Composition
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: 1 Car, Auto Garage Door, Drive Under/Basement, Garage, Storage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central, Forced Air, Zoned/Dual
  • Energy Features: Ceiling Insulation, Programmable Thermostat, Gas Water Heater
  • Water/Sewer: Public Water, Sewer In Street

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Park, Pool, Swim Team, Tennis Courts

Condo/Co-op/Association

  • Fees Include: Bldg & Liability Insurance, Exterior Maintenance, Grounds Maintenance, Management Fee, Private Roads, Reserve Fund, Swimming, Tennis
  • Building Access: Open Access

Schools

  • Elementary School: Burnette / Gwinnett / Gwinnett County, GA
  • Elementary Bus Line: Yes
  • High School: Peachtree Ridge / Gwinnett / Gwinnett County, GA
  • High School Bus: Yes
  • Middle School: Richard Hull / Gwinnett / Gwinnett County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2015
Closed on
May 22, 2015
Sold by
Jacob Thomas James
Bought by
Odero Irene
Seller's Agent
Earl Coleman
BHGRE Metro Brokers
Buyer's Agent
Robin Lanese
Virtual Properties Realty.com
List Price
$188,000
Sold Price
$184,000
Premium/Discount to List
-$4,000
-2.13%
Current Estimated Value
$397,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,109
Avg. Annual Appreciation
7.91%
Original Mortgage
$165,600
Outstanding Balance
$129,443
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$267,666

Purchase Details

Closed on
May 15, 2013
Sold by
Smith Jessica R
Bought by
Jacob Thomas James and Jacob Melissa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,656
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Closed on
Jan 16, 2009
Sold by
Homeland Legacy Builders
Bought by
Smith Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,825
Interest Rate
5.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Odero Irene $184,000 --
Jacob Thomas James $170,980 --
Smith Jessica R $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odero Irene $165,600
Previous Owner Jacob Thomas James $174,656
Previous Owner Smith Jessica R $146,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $184,000 -2.1% $117 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $188,000 0.0% $120 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $188,000 -- $120 / Sq Ft
Source: Georgia MLS

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 $3,709 $148,960 $30,000 $118,960
2022 $3,911 $129,760 $24,000 $105,760
2021 $3,286 $103,960 $20,000 $83,960
2020 $3,055 $94,280 $18,000 $76,280
2019 $2,585 $94,280 $18,000 $76,280
2018 $2,421 $86,080 $18,000 $68,080
2016 $2,118 $72,080 $15,200 $56,880
2015 $1,773 $65,000 $12,800 $52,200
2014 -- $65,000 $12,800 $52,200
Source: Public Records

Agents Affiliated with this Home

  • Earl Coleman

    Seller's Agent in 2015

    Earl Coleman

    Better Homes and Gardens Real Estate

    (770) 691-0529

    2 in this area

    38 Total Sales

    Earl Coleman
    Section Image
  • Robin Lanese

    Buyer's Agent in 2015

    Robin Lanese

    Virtual Properties Realty.com

    (678) 231-1412

    7 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 07403829

Georgia MLS

APN: 7-209-307

Georgia Gwinnett County Suwanee 30024

1188 Lake Point Way, Suwanee, GA

This home is located at 1188 Lake Point Way, Suwanee, GA 30024 since 13 February 2015 and is currently estimated at $397,109, approximately $253 per square foot. This property was built in 2007. 1188 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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