NOT LISTED FOR SALE

1885 Secretariat Gait Way Suwanee, GA 30024

Estimated Value: $733,817 - $891,000

4 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold October 20, 2016

Last sale price $454,221

Est. 79% increase in value since last sale

Current estimated payment $4,811/month

Highlights

  • Newly Remodeled
  • Craftsman Architecture
  • National Green Building Standard for New Construction
  • Settles Bridge Elementary School Rated A
  • Home Energy Rating Service (HERS) Rated Property
  • Wood Flooring

About This Home

As of October 2016

"Drake II D" Beautiful Brand New 4Bed+4Bath 2-Story Slab Home w/ Covered Porch. Great Fam Home w/ Upgrades Throughout! Coat Valet, Framed Mirror in All Baths, Wrought Iron Railing & Much More. Luxurious Master Bath w/ Enlarged Shower w/ Frameless Glass Shower Door & Ample Closet Space. Spacious Fam Room w/ 2-Story 3-Tier Stacked Stone FP. Gourmet Kitchen w/ Stainless Steel Appliances, 42" Cabinets, Under Cabinet Lighting. Schools include Settles Bridge Elementary, Riverwatch Middle & Lambert HS.

Last Agent to Sell the Property

Peter Danos

Atlanta Commercial Associates License #150289 Listed on: 04/27/2016

Co-Listed By

STAFF ATC

NOT A VALID MEMBER License #STAFF

Last Buyer's Agent

Sekhar Thadiparthi

Sekhars Realty, LLC. License #344359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,403

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Landscaped
  • Level Lot
  • Irrigation Equipment

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • National Green Building Standard for New Construction
  • Home Energy Rating Service (HERS) Rated Property
  • HERS Index Rating of 73 | Home's energy 30% more efficient than a standard home
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidity Control
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 275
  • Assessor Parcel Number 179 646

Community Details

Overview

  • $775 Initiation Fee
  • Champions Run Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,403

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: New Construction
  • Year Built: 2016
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Other
  • Dining Room Features: Separate Dining Room
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 775
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Champions Run

Schools

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

Lot Info

  • Lot: 275
  • Land/Lot: 942
  • Section G M D: 1ST
  • Deed Book: 4028
  • Deed Page: 69
  • Plat Book: 149
  • Plat Page: 253-2
  • Lot Features: Landscaped, Level
  • Parcel Number: 179 646
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows
  • H E R S Index Rating: 73
  • Green Building Certifications: HERS Index Score, NGBS New Construction

Rental Info

  • Initiation Fee: 775

Tax Info

  • Assessor Parcel Number: 179-000-646
  • Close Date: 2016-10-20
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Settles Bridge
  • High School: Lambert
  • Middle School: Riverwatch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2024
Sold by
Salavadi Somasekhar and Salavadi Padmaja
Bought by
Salavadi Family Revocable Living Trust and Salavadi
Current Estimated Value
$813,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500
Outstanding Balance
$147,685
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$665,769

Purchase Details

Listed on
Apr 27, 2016
Closed on
Oct 20, 2016
Sold by
Somasekhar
Bought by
Salavadi Somasekhar and Salavadi Padmaja
Seller's Agent
Peter Danos
Atlanta Commercial Associates
Buyer's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
List Price
$481,665
Sold Price
$454,221
Premium/Discount to List
-$27,444
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$363,377
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Salavadi Family Revocable Living Trust -- None Listed On Document
Salavadi Somasekhar -- --
Salavadi Somasekhar $454,221 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salavadi Somasekhar $363,377
Previous Owner Salavadi Somasekhar $68,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $454,221 -9.0% --
09/07/2016 09/07/16 Pending -- -- --
07/02/2016 07/02/16 Price Changed $499,221 +0.2% --
05/31/2016 05/31/16 Price Changed $498,221 +1.9% --
05/25/2016 05/25/16 Price Changed $488,693 +1.5% --
04/29/2016 04/29/16 For Sale $481,665 -- --
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 $5,403 $296,152 $80,000 $216,152
2024 $5,403 $261,144 $70,000 $191,144
2023 $5,229 $270,124 $60,000 $210,124
2022 $5,274 $175,732 $52,000 $123,732
2021 $4,487 $175,732 $52,000 $123,732
2020 $4,734 $187,708 $52,000 $135,708
2019 $4,449 $173,588 $52,000 $121,588
2018 $4,480 $174,268 $52,000 $122,268
2017 $4,425 $170,848 $52,000 $118,848
2016 $666 $24,000 $24,000 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Peter Danos

    Atlanta Commercial Associates

    Section Image

  • S

    Seller Co-Listing Agent in 2016

    STAFF ATC

    NOT A VALID MEMBER

  • Sekhar Thadiparthi

    Buyer's Agent in 2016

    Sekhar Thadiparthi

    Sekhars Realty, LLC.

    (404) 808-9978

    67 in this area

    657 Total Sales

    Sekhar Thadiparthi
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5683805

First Multiple Listing Service (FMLS)

APN: 179-646

Georgia Forsyth County Suwanee 30024

1885 Secretariat Gait Way, Suwanee, GA

This home is located at 1885 Secretariat Gait Way, Suwanee, GA 30024 since 27 April 2016 and is currently estimated at $813,454. This property was built in 2016. 1885 Secretariat Gait Way is a home located in Forsyth County with nearby schools including Settles Bridge Elementary School, Riverwatch Middle School, and Lambert High School.

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