NOT LISTED FOR SALE

2116 Richland Cove Way Suwanee, GA 30024

Estimated Value: $500,000 - $544,013

4 Beds
2.5 Baths
2,650 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $221,000 $83 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,359/month

43 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Walnut Grove Elementary School Rated A
  • Traditional Architecture
  • Stone Countertops

About This Home

As of April 2016

Wonderful 4 bed/2.5 bath Suwanee home with one of the largest lots in the Richland community. Hardwood floors throughout the main floor. The kitchen is newly remodeled with the granite counters and stainless steel appliances. The partially finished basement is perfect for media space or a home gym. Enjoy the outdoors with 1.5 acres behind the house and a soon to be installed new deck. Just minutes away from Suwanee Town Center.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 02/01/2016

Mark Spain Real Estate

Co-Listed By

Austin Wagner

NOT A VALID MEMBER License #366373

Last Buyer's Agent

Maggie Wright

Method Real Estate Advisors License #365562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,054

Year Built

  • Built in 1998

Lot Details

  • 1.61 Acre Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Deck
  • Patio
  • Front Porch

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

Listing and Financial Details

  • Legal Lot and Block 43 / C
  • Assessor Parcel Number R7087 427

Community Details

Overview

  • Shaben & Associates Association
  • Secondary HOA Phone (770) 271-2252
  • Richland Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,054

Year Built

Built in 1998

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: 1998
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Gas Log, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Basement: Exterior Entry, Finished, Partial
  • Kitchen Features: Breakfast Bar, Cabinets White, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2650.00

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Master Association Fee: 500
  • Master Association Fee Frequency: Annually
  • Management Phone: 770-271-2252
  • Subdivision Complex: Richland Cove

Association/Amenities

  • Management Company: Shaben & Associates

Schools

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

Lot Info

  • Acres: 1.6100
  • Lot: 43
  • Land/Lot: 109
  • Deed Book: 52830
  • Deed Page: 0647
  • Plat Book: 75
  • Plat Page: 1
  • Lot Features: Level
  • Parcel Number: R7087 427
  • Property Attached Yn: No

Tax Info

  • Taxes: 3054.00
  • Assessor Parcel Number: R7087-427
  • Close Date: 2016-04-11
  • Tax Year: 2015

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
Feb 1, 2016
Closed on
Apr 11, 2016
Sold by
Williams Curtis
Bought by
Oliver Richi
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Maggie Wright
Method Real Estate Advisors
List Price
$225,000
Sold Price
$221,000
Premium/Discount to List
-$4,000
-1.78%
Current Estimated Value
$525,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,253
Avg. Annual Appreciation
9.45%
Original Mortgage
$216,997
Outstanding Balance
$173,249
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$346,685

Purchase Details

Listed on
Oct 10, 2013
Closed on
Mar 14, 2014
Sold by
Collins Donald L
Bought by
Williams Curtis Jerome
Seller's Agent
Diane Horsley
Reflections Realty, LLC.
Buyer's Agent
Jonathan Jordan
Realty One Group Edge
List Price
$215,000
Sold Price
$191,500
Premium/Discount to List
-$23,500
-10.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$188,030
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 1998
Sold by
G & B Bldrs Inc
Bought by
Collins Donald L and Collins Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,700
Interest Rate
6.47%
Mortgage Type
New Conventional
Source: Public Records

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
Oliver Richi $211,000 --
Williams Curtis Jerome $191,500 --
Collins Donald L $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Richi $216,997
Previous Owner Williams Curtis Jerome $188,030
Previous Owner Collins Donald L $136,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $221,000 -1.8% $83 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $225,000 +17.5% $85 / Sq Ft
03/14/2014 03/14/14 Sold $191,500 -10.9% $72 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
10/10/2013 10/10/13 For Sale $215,000 -- $81 / 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 $6,393 $218,080 $64,000 $154,080
2023 $6,393 $200,920 $64,000 $136,920
2022 $5,429 $172,880 $55,600 $117,280
2021 $4,318 $116,280 $29,400 $86,880
2020 $4,567 $116,280 $29,400 $86,880
2019 $4,399 $116,280 $29,400 $86,880
2018 $4,158 $109,240 $23,520 $85,720
2016 $3,476 $89,600 $20,040 $69,560
2015 $3,054 $76,600 $19,560 $57,040
2014 $2,990 $80,280 $19,560 $60,720
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2016

    Mark Spain

    Mark Spain

    (678) 537-8980

    9,917 Total Sales

    Mark Spain
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Austin Wagner

    NOT A VALID MEMBER

  • M

    Buyer's Agent in 2016

    Maggie Wright

    Method Real Estate Advisors

    (678) 933-7297

    57 Total Sales

    Maggie Wright
    Section Image
  • Diane Horsley

    Seller's Agent in 2014

    Diane Horsley

    Reflections Realty, LLC.

    (770) 330-3642

    26 Total Sales

    Diane Horsley
    Section Image
  • Jonathan Jordan

    Buyer's Agent in 2014

    Jonathan Jordan

    Realty One Group Edge

    (404) 932-5213

    32 Total Sales

    Jonathan Jordan
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5641993

First Multiple Listing Service (FMLS)

APN: 7-087-427

Georgia Gwinnett County Suwanee 30024

2116 Richland Cove Way, Suwanee, GA

This home is located at 2116 Richland Cove Way, Suwanee, GA 30024 since 01 February 2016 and is currently estimated at $525,253, approximately $198 per square foot. This property was built in 1998. 2116 Richland Cove Way is a home located in Gwinnett County with nearby schools including Walnut Grove Elementary School, Creekland Middle School, and Collins Hill High School.

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