NOT LISTED FOR SALE

1198 Lake Point Way Suwanee, GA 30024

Estimated Value: $432,000 - $441,000

3 Beds
3.5 Baths
2,436 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 21, 2025

Last sale price $440,000 $181 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,879/month

9 Days on Market

Highlights

  • Open-Concept Dining Room
  • Above Ground Pool
  • Clubhouse
  • Burnette Elementary School Rated A
  • City View
  • Deck

About This Home

As of January 2025

This 3-bedroom, 3.5-bathroom end-unit townhome offers a blend of privacy and convenience in a sought-after Suwanee swim and tennis community. The main level features an open floor plan with hardwood flooring, a family room with a cozy fireplace, a kitchen with granite countertops, and access to a back deck for outdoor enjoyment.

Upstairs, the home offers three bedrooms, including an oversized primary suite with a spacious ensuite bathroom.

The fully finished basement boasts a wet bar tucked under the stairs and opens to a patio under the main deck, providing a perfect space for grilling or relaxing.

Community amenities include lawn maintenance, a pool, tennis courts, a clubhouse, a park, a pet area, a fitness room, and scenic walking trails. Conveniently located within walking distance to shopping and dining, this home is move-in ready and perfectly situated to enjoy everything the neighborhood has to offer.

Last Listed By

Pamela O'Connor-Smith

Redfin Corporation License #237299 Listed on: 12/09/2024

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 2012

Lot Details

  • 3,920 Sq Ft Lot
  • No Common Walls
  • Landscaped

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • City
  • Woods

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,436 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room
  • Open-Concept Dining Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Open to Family Room
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

Outdoor Features

  • Above Ground Pool
  • Deck
  • Rain Gutters
  • Front Porch

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 220 Volts in Garage
  • 110 Volts
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R7209 309

Community Details

Overview

  • Suwanee Station Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Trails

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,887

Year Built

Built in 2012

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, Traditional
  • Property Condition: Resale
  • Year Built: 2012
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Cabinets Other, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Open Concept
  • Square Footage: 2436.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Pool Features: Above Ground
  • View: City, Trees/Woods
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts, 220 Volts in Garage

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Barbecue, Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Pickleball, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Subdivision Complex: Suwanee Station

Association/Amenities

  • Number Of Units In Community: 1

Schools

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

Lot Info

  • Acres: 0.0900
  • Plat Book: 120
  • Plat Page: 225
  • Lot Features: Landscaped
  • Lot Dimensions: x
  • Parcel Number: R7209 309
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3887.00
  • Assessor Parcel Number: R7209-309
  • Close Date: 2025-01-21
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Jan 21, 2025
Sold by
Bassin Leonardo Peronio
Bought by
Yu Dolly
Seller's Agent
Pamela O'Connor-Smith
Redfin Corporation
Buyer's Agent
Yousun Song
The Promise Realty Group, LLC
List Price
$440,000
Sold Price
$440,000
Total Days on Market
9
Views
26
Current Estimated Value
$435,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,010
Avg. Annual Appreciation
-3.22%
Original Mortgage
$352,000
Outstanding Balance
$351,404
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$84,586

Purchase Details

Listed on
Mar 30, 2019
Closed on
May 10, 2019
Sold by
Bassin Leonardo Peronio
Bought by
Bassin Leonardo Peronio and Fraga Nicoly Stefanny Goncal
Seller's Agent
Sarah Choe
Realty One, LLC.
Buyer's Agent
GRACE MANDERVILLE
Century 21 Results
List Price
$273,000
Sold Price
$268,000
Premium/Discount to List
-$5,000
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$227,800
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2019
Sold by
Yun Hyeyong
Bought by
Hwang Kyung Sook

Purchase Details

Listed on
Sep 30, 2012
Closed on
Mar 5, 2013
Sold by
Hwang Kyung Sook
Bought by
Hwang Kyung Sook and Yun Hyeyong
Seller's Agent
Curtis Walker
NOT A VALID MEMBER
Buyer's Agent
Sarah Choe
NOT A VALID MEMBER
List Price
$189,000
Sold Price
$181,000
Premium/Discount to List
-$8,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Jul 13, 2012
Sold by
Atkinson Trust Llc
Bought by
Journey Construction Llc

Purchase Details

Closed on
Dec 22, 2010
Sold by
Mf Ga I Llc
Bought by
Atkinson Trust Llc

Purchase Details

Closed on
Mar 25, 2010
Sold by
Bank Of North Ga
Bought by
Mf Ga I Llc

Purchase Details

Closed on
Jun 2, 2009
Sold by
Homeland Legacy Builders
Bought by
Bank Of North Ga

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
Yu Dolly $440,000 --
Bassin Leonardo Peronio -- --
Bassin Leonardo Peronio $268,000 --
Hwang Kyung Sook -- --
Hwang Kyung Sook -- --
Hwang Kyung Sook $181,000 --
Journey Construction Llc $33,000 --
Atkinson Trust Llc $15,000 --
Mf Ga I Llc $18,800 --
Bank Of North Ga $127,922 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Dolly $352,000
Previous Owner Bassin Leonardo Peronio $224,000
Previous Owner Bassin Leonardo Peronio $227,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $440,000 0.0% $181 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/09/2024 12/09/24 For Sale $440,000 +64.2% $181 / Sq Ft
05/10/2019 05/10/19 Sold $268,000 -0.7% $154 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $269,900 -1.1% $155 / Sq Ft
04/11/2019 04/11/19 For Sale $273,000 0.0% $157 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/30/2019 03/30/19 For Sale $273,000 +50.8% $157 / Sq Ft
03/05/2013 03/05/13 Sold $181,000 -4.2% $104 / Sq Ft
02/03/2013 02/03/13 Pending -- -- --
09/30/2012 09/30/12 For Sale $189,000 -- $109 / 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 $3,896 $164,280 $30,000 $134,280
2022 $4,686 $143,360 $24,000 $119,360
2021 $3,997 $114,760 $20,000 $94,760
2020 $3,694 $102,280 $18,000 $84,280
2019 $2,588 $102,280 $18,000 $84,280
2018 $2,463 $95,840 $18,000 $77,840
2016 $2,248 $85,720 $16,000 $69,720
2015 $1,957 $71,680 $12,800 $58,880
2014 $1,964 $71,680 $12,800 $58,880
Source: Public Records

Agents Affiliated with this Home

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7495636

First Multiple Listing Service (FMLS)

APN: 7-209-309