NOT LISTED FOR SALE

1632 River Springs Way Suwanee, GA 30024

Estimated Value: $428,000 - $468,000

4 Beds
2.5 Baths
2,098 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $375,000 $179 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,025/month

42 Days on Market

Highlights

  • City View
  • Home Energy Rating Service (HERS) Rated Property
  • Wooded Lot
  • Burnette Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Wood Flooring

About This Home

As of October 2022

Immaculate, corner lot home in sought after Suwanee neighborhood, River Run. Walk inside to beautiful two-story foyer with catwalk stairs overlook. Clean, white, eat-in kitchen with custom pantry. Kitchen overlooks the family room with cozy brick fireplace. Upstairs features large primary suite with double vanity bathroom and his and her closets. 2 large secondary rooms and a bonus room over the garage. All closets have been expanded, giving ample storage space. Thoughtfully landscaped backyard perfect for entertaining. Located near shopping, major routes, hiking trails, and more! Must see!!

Last Listed By

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 08/23/2022

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1996

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,098 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry in Hall
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Parking Pad
  • Parking Storage or Cabinetry
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • Patio

Community Details

Overview

  • $500 Initiation Fee
  • Association fees include swimming, tennis
  • River Run Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$896

Year Built

Built in 1996

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Main Level Half Bathrooms: 1
  • Co List Office: TECH01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .26
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Total Finished Area2: 2098
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave
  • Bedrooms: 4
  • Dining Room Features: Seats 12+
  • Basement: None
  • Total Finished Sq Ft: 2098
  • Above Grade Finished Sq Ft: 2098
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Starter
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 178.74

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition
  • View: City
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Parking Pad, Side/Rear Entrance, Storage
  • ParkingTotal: 4

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: In Hall, Upper Level
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 425
  • Association: Yes
  • Community Features: Playground, Pool

Fee Information

  • Initiation Fee: 500
  • Association Fee Includes: Swimming, Tennis

Schools

  • Elementary School: Burnette
  • High School: Peachtree Ridge
  • High School Bus: Yes
  • Middle School: Richard Hull
  • Middle School Bus: Yes
  • Elementary School: Burnette
  • Middle School: Richard Hull
  • High School: Peachtree Ridge

Lot Info

  • Deed Book: 14659
  • Deed Page: 117

Green Features

  • Green Building Verification Type: HERS Index Score

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 896

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Oct 22, 2022
Sold by
Hering Chris R
Bought by
Lim Peter and Vanlim Lan Van
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Kanani Briggs
Keller Williams Realty Consultants
List Price
$420,000
Sold Price
$375,000
Premium/Discount to List
-$45,000
-10.71%
Total Days on Market
42
Views
62
Current Estimated Value
$444,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,782
Avg. Annual Appreciation
6.84%
Original Mortgage
$300,000
Outstanding Balance
$291,814
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$152,968

Purchase Details

Closed on
Jul 31, 1997
Sold by
Residential Builders Inc
Bought by
Hering Chris R and Hering Marsha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.62%
Mortgage Type
New Conventional

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
Lim Peter $375,000 --
Hering Chris R $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Peter $300,000
Previous Owner Hering Chris R $84,000
Previous Owner Hering Chris R $40,000
Previous Owner Hering Chris R $25,000
Previous Owner Hering Chris R $166,500
Previous Owner Hering Chris R $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $375,000 -5.1% $179 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $395,000 -3.7% $188 / Sq Ft
09/23/2022 09/23/22 Price Changed $410,000 -2.4% $195 / Sq Ft
09/13/2022 09/13/22 For Sale $420,000 0.0% $200 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $420,000 +12.0% $200 / Sq Ft
08/24/2022 08/24/22 Off Market $375,000 -- --
08/24/2022 08/24/22 Price Changed $420,000 -5.6% $200 / Sq Ft
08/23/2022 08/23/22 For Sale $445,000 -- $212 / 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 $5,995 $150,000 $34,000 $116,000
2022 $910 $136,760 $28,000 $108,760
2021 $896 $109,480 $22,000 $87,480
2020 $894 $97,400 $20,000 $77,400
2019 $2,905 $97,400 $20,000 $77,400
2018 $2,866 $95,480 $20,000 $75,480
2016 $2,614 $82,720 $17,200 $65,520
2015 $2,428 $73,440 $14,800 $58,640
2014 -- $73,440 $14,800 $58,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10080530

Georgia MLS

APN: 7-240-265