NOT LISTED FOR SALE

1555 Riva Ridge Suwanee, GA 30024

Estimated Value: $848,000 - $889,000

5 Beds
4 Baths
4,530 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $860,000 $190 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,432/month

12 Days on Market

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Deck
  • Settles Bridge Elementary School Rated A
  • Clubhouse
  • Private Lot

About This Home

As of April 2024

Step into the exceptional elegance of this magnificent home, nestled in the exclusive CHAMPIONS RUN community - a location where opportunities to purchase are few and far between. This property stands out with its charming stone front porch leading into an inviting two-story foyer that introduces a world of luxury and comfort. The formal dining room sets the stage for memorable gatherings, while the recently updated gourmet kitchen boasts modern conveniences such as pull-out trash/recycling receptacles, a custom backsplash, an oversized deep sink, premium quartz countertops, and a custom-designed walk-in pantry. The suite of stainless steel appliances, including a double oven and microwave, complements the breakfast area bathed in natural light from the wall of windows, offering stunning views of the meticulously landscaped backyard.The family room showcases sophistication with its designer marble tile fireplace, setting the perfect scene for relaxation and entertainment. Outdoor living is elevated to new heights on the large covered deck, ideal for enjoying sunset evenings and stargazing, enhanced by landscaping lights on stairs and an expanded patio. The main level also features a guest bedroom with a full tiled bath, ensuring comfort and convenience for visitors. Ascend to the upper floor to discover the exquisite master bedroom, complete with a double tray ceiling and an adjoining sitting entertainment space for ultimate relaxation. The master bath offers double vanities, a garden tub, and a separate shower leading to a large walk-around closet. Three additional generously sized bedrooms and a hall bath complete the upper level, each benefiting from abundant natural light and refreshing ventilation. The newly renovated, fully finished daylight basement is a realm of entertainment and functionality, featuring a large recreation room, an incredible custom-built home theater, a bar with a designer wine rack and cooler, and a full bath alongside ample storage space. Over $125K has been invested in renovations, including a new kitchen, fireplace, ceiling accents, landscaping, a fully renovated basement, new LVP flooring on the second floor and basement, and a screened deck addition.Notable upgrades include chess-inspired designer shelves in the master bedroom, a reverse osmosis water filter, a Tesla fast charger in the garage, a sprinkler system, a custom-built raised vegetable bed, recessed lighting on all floors, smart lights on the second floor, select-grade premium oak flooring on the first floor and hardwood staircase in all the floors, Ring Camera both front and back, and the list goes on and on. Situated in a family-friendly community with a swimming pool, four lighted tennis courts, and a play area, this property also benefits from being in a zone with award-winning schools and favorable Forsyth County taxes. Don’t miss your chance to own a piece of paradise in Champions Run!

Last Listed By

Sekhar Thadiparthi

Sekhars Realty, LLC. License #351059 Listed on: 03/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,719

Year Built

  • Built in 2008

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 150x145x16x23x148
  • Property fronts a private road
  • Cul-De-Sac
  • Back Yard Fenced
  • Landscaped
  • Private Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Shingle Siding
  • Cement Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,530 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Settles Bridge Elementary School
  • Riverwatch Middle School
  • Lambert High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 205 401

Community Details

Overview

  • Atlanta Community Srvcs Association, Phone Number (770) 904-5270
  • Secondary HOA Phone (770) 904-5270
  • Champions Run Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,719

Year Built

Built in 2008

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: 2-1 933 LT 59 PH1 UN4 CHAMPIONS RUN
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2008
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Carpet
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Media Room, Game Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4530.00
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 1320.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Sitting Room, Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding, Shingle Siding, Stone
  • Roof Type: Composition
  • Fencing: Fenced, Back Yard
  • Patio And Porch Features: Front Porch, Deck
  • Pool Private: No
  • Foundation: Concrete Perimeter

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim, Tennis, Trash
  • Community Features: Clubhouse, Homeowners Assoc, Pool, Playground, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1115
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-904-5270
  • Management Phone: 770-904-5270
  • Subdivision Complex: Champions Run

Association/Amenities

  • Management Company: Atlanta Community Srvcs

Schools

  • Elementary School: Settles Bridge
  • Middle School: Riverwatch
  • High School: Lambert

Lot Info

  • Acres: 0.2900
  • Lot: 59
  • Land/Lot: 932 & 933
  • Section G M D: 1ST
  • Deed Book: 8047
  • Deed Page: 490
  • Plat Book: 107
  • Plat Page: 232
  • Lot Features: Cul-De-Sac, Landscaped, Level, Wooded, Private
  • Lot Dimensions: 150X145X16X23X148
  • Parcel Number: 205 401
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5719.00
  • Assessor Parcel Number: 205-000-401
  • Close Date: 2024-04-26
  • Tax Year: 2023

MLS Schools

  • Elementary School: Settles Bridge
  • High School: Lambert
  • Middle School: Riverwatch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 25, 2024
Sold by
Sadasivam Prabhu and Kumar Tamilselvi
Bought by
Kumar Kaliraj Ganesh and Kumar Nithya Rajan
Seller's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
Buyer's Agent
Vinitha Chintala
Virtual Properties Realty.com
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%
Total Days on Market
12
Views
82
Current Estimated Value
$867,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,552
Avg. Annual Appreciation
0.83%
Original Mortgage
$765,000
Outstanding Balance
$758,034
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$109,518

Purchase Details

Listed on
Aug 31, 2016
Closed on
Dec 15, 2016
Sold by
Erik R
Bought by
Sadasivam Prabhu and Kumar Tamilselvi
Seller's Agent
Ryan Assad
Keller Williams Realty Atlanta Partners
Buyer's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$340,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2008
Sold by
Winmark Homes Inc
Bought by
Mcshea Erick R and Mcshea Cara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Kumar Kaliraj Ganesh $860,000 None Listed On Document
Sadasivam Prabhu $425,000 --
Mcshea Erick R $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Kaliraj Ganesh $765,000
Previous Owner Sadasivam Prabhu $250,000
Previous Owner Sadasivam Prabhu $340,000
Previous Owner Mcshea Erik R $254,400
Previous Owner Mcshea Erick R $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $860,000 +1.2% $190 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $850,000 +100.0% $188 / Sq Ft
12/15/2016 12/15/16 Sold $425,000 -5.6% $94 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $450,000 -- $99 / 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
2024 $6,347 $311,784 $70,000 $241,784
2023 $5,719 $294,084 $60,000 $234,084
2022 $5,436 $171,304 $32,000 $139,304
2021 $4,463 $171,304 $32,000 $139,304
2020 $4,442 $170,272 $32,000 $138,272
2019 $4,420 $168,880 $32,000 $136,880
2018 $4,518 $173,044 $32,000 $141,044
2017 $4,131 $153,900 $32,000 $121,900
2016 $3,827 $145,900 $24,000 $121,900
2015 $3,834 $145,900 $24,000 $121,900
2014 $3,114 $120,908 $24,000 $96,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7350501

First Multiple Listing Service (FMLS)

APN: 205-401