NOT LISTED FOR SALE

175 Richlake Dr Suwanee, GA 30024

Estimated Value: $557,603 - $661,000

5 Beds
3.5 Baths
4,304 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $390,000 $91 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,737/month

20 Days on Market

Highlights

  • Media Room
  • Sauna
  • Traditional Architecture
  • Walnut Grove Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2020

Stunning 5 bedroom, 3.5 half bath traditional style home on a full finished basement located in a highly desirable area. Home boasts a brick and frame exterior with a lake view, fenced in backyard with a gazebo, and hot tub! Great floorplan with a large kitchen, family room w/fireplace, separate dining room, and formal living room on main. Master has a sitting area, trey ceilings, and a walk-in closet. Master bath offers a whirlpool tub, separate shower, double vanity, and plenty of space. The oversized kitchen has new quartz countertops, breakfast area, white cabinets, and stainless steel appliances. Large deck overlooking the garden, gazebo with the hot tub, and fenced in yard. Finished basement with a sauna, theater room, kitchenette, a full bath, and plenty of storage. Surround Sounds speakers installed in theatre area. Cable / electric and speakers on gazebo / patio. Brand new sump pump system. Roof replaced few years ago. New Ground Sprinkler system and gutter system for rain collection.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 07/08/2020

Mark Spain Real Estate

Co-Listed By

Sean Davidson

Century 21 Results License #365532

Last Buyer's Agent

Stephanie Rogers

Coldwell Banker Realty License #400353

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Property fronts a state road
  • Landscaped
  • Private Yard
  • Garden

HOA Fees

  • $42 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Brick Front

Interior Spaces

  • 4,304 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Media Room
  • Home Office
  • Loft
  • Sauna
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Walnut Grove - Gwinnett Elementary School
  • Creekland - Gwinnett Middle School
  • Collins Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Richland HOA, Phone Number (770) 271-2252
  • Lake Richland #2 Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number R7087 344

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,545

Year Built

Built in 1997

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1997
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Gas Log, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Refrigerator, Microwave, Self Cleaning Oven
  • Interior Amenities: High Ceilings 9 ft Main, Double Vanity, Disappearing Attic Stairs, High Speed Internet, Entrance Foyer, Sauna, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Stone Counters, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room, Loft, Media Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4304.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Lower Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Garden, Private Yard

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Faces Front, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s), Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Sewer Available
  • Electric: None

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-271-2252
  • Management Phone: 770-271-2252
  • Subdivision Complex: LAKE RICHLAND #2

Association/Amenities

  • Management Company: Richland HOA

Lot Info

  • Acres: 0.2800
  • Lot Features: Landscaped
  • Parcel Number: R7087 344
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1545.00
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Walnut Grove - Gwinnett
  • High School: Collins Hill
  • Middle School: Creekland - Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 11, 2020
Sold by
Johanson William C
Bought by
Magar Isaac P and Magar Pabi
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Stephanie Rogers
Coldwell Banker Realty
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$591,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,401
Avg. Annual Appreciation
8.27%
Original Mortgage
$312,000
Outstanding Balance
$275,619
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$315,782

Purchase Details

Listed on
Aug 31, 2011
Closed on
Mar 21, 2012
Sold by
Shin Walter S
Bought by
Shin Walter S
Seller's Agent
Vickie Hogan
RE/MAX Center
Buyer's Agent
Doug Prince
Virtual Properties Realty.com
List Price
$239,900
Sold Price
$221,500
Premium/Discount to List
-$18,400
-7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$228,809
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
May 29, 2003
Sold by
Whang Bo R
Bought by
Shin Walther S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2002
Sold by
Cendant Mobility Fin'L Corp
Bought by
Whang Bo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,900
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1998
Sold by
Blackmon Benita T
Bought by
Blackman Albert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 1997
Sold by
Michael A Smith Llc
Bought by
Blackman Albert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,900
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Magar Isaac P $390,000 --
Shin Walter S -- --
Johanson William C $221,500 --
Shin Walther S $265,000 --
Whang Bo R $259,900 --
Cendant Mobility Fin'L Corp $70,600 --
Blackman Albert J -- --
Blackman Albert J $208,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magar Isaac P $312,000
Previous Owner Johanson William C $228,809
Previous Owner Shin Walther S $212,000
Previous Owner Cendant Mobility Fin'L Corp $233,900
Previous Owner Blackman Albert J $198,500
Previous Owner Blackman Albert J $197,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2020 09/11/20 Sold $390,000 -1.3% $91 / Sq Ft
08/05/2020 08/05/20 For Sale $395,000 0.0% $92 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $395,000 +78.3% $92 / Sq Ft
03/21/2012 03/21/12 Sold $221,500 -7.7% $59 / Sq Ft View Prior Sale
02/20/2012 02/20/12 Pending -- -- --
08/31/2011 08/31/11 For Sale $239,900 -- $64 / 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
2025 $7,013 $238,080 $28,000 $210,080
2024 $6,838 $221,480 $42,400 $179,080
2023 $6,838 $205,000 $35,600 $169,400
2022 $6,469 $205,000 $35,600 $169,400
2021 $5,542 $156,000 $27,800 $128,200
2020 $1,683 $142,280 $27,800 $114,480
2019 $1,545 $142,280 $27,800 $114,480
2018 $1,527 $142,280 $27,800 $114,480
2016 $1,559 $118,800 $19,600 $99,200
2015 $1,595 $118,800 $19,600 $99,200
2014 -- $118,800 $19,600 $99,200
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2020

    Mark Spain

    Mark Spain

    (678) 537-8980

    431 in this area

    9,799 Total Sales

    Mark Spain
    Section Image
  • Sean Davidson

    Seller Co-Listing Agent in 2020

    Sean Davidson

    Century 21 Results

    (770) 634-7651

    1 in this area

    82 Total Sales

    Sean Davidson
    Section Image
  • Stephanie Rogers

    Buyer's Agent in 2020

    Stephanie Rogers

    Coldwell Banker Realty

    (678) 644-6508

    1 in this area

    45 Total Sales

    Stephanie Rogers
    Section Image
  • Vickie Hogan

    Seller's Agent in 2012

    Vickie Hogan

    RE/MAX

    (770) 826-6455

    11 in this area

    104 Total Sales

    Vickie Hogan
    Section Image

  • D

    Buyer's Agent in 2012

    Doug Prince

    Virtual Properties Realty.com

    (770) 235-2696

    1 in this area

    19 Total Sales

    Doug Prince
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6749108

First Multiple Listing Service (FMLS)

APN: 7-087-344

Georgia Gwinnett County Suwanee 30024

175 Richlake Dr, Suwanee, GA

Not Listed for Sale

Detached

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