$510,000
SOLD FEB 22, 2022

240 Gaines Oak Way Suwanee, GA 30024

4 Beds
2.5 Baths
2,822 Sq Ft
0.25 Acres

Recently Sold

$181 Per Sq Ft

2% Above List Price

Highlights

  • Oversized primary bedroom
  • Traditional Architecture
  • Tennis Courts
  • Riverside Elementary School Rated A
  • Community Pool
  • Home Office

About This Home

As of September 2024

Beautiful well maintained house in North Gwinnett High School District. New roof was replaced in October 2020, New HVAC in 2019. New Master bathroom shower. Granite counter top with island. View to the family room. No carpet on main floor. Spacious master bedroom and family room. Open floor plan, Plenty of natural sunlight. Very cozy, home sweet home. Your client will love this home !!.

Last Agent to Sell the Property

Nicole Lee

Heritage GA. Realty License #270776 Listed on: 01/12/2022

Heritage GA. Realty

Last Buyer's Agent

Alicia Burr

Berkshire Hathaway HomeServices Georgia Properties License #374562

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,880

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Back Yard Fenced

HOA Fees

  • $45 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,822 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • Rear Porch

Schools

  • Riverside - Gwinnett Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 39 / B
  • Assessor Parcel Number R7287 297

Community Details

Overview

  • Community Management Assoc Association
  • Secondary HOA Phone (404) 835-9100
  • Grandview Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,880

Year Built

Built in 2000

Lot Details

0

HOA Fees

$45 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: 2000
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
  • Interior Amenities: Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Kitchen Features: Breakfast Room, Cabinets White, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2822.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Rear Porch
  • Foundation: Slab

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Playground, Pool, Tennis Court(s)
  • Association Fee: 535
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Phone: 404-835-9100
  • Subdivision Complex: Grandview

Association/Amenities

  • Management Company: Community Management Assoc

Schools

  • Elementary School: Riverside - Gwinnett
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Acres: 0.2500
  • Lot: 39
  • Land/Lot: 287
  • Plat Book: 85
  • Plat Page: 16
  • Lot Features: Back Yard, Level
  • Parcel Number: R7287 297
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4880.00
  • Assessor Parcel Number: R7287-297
  • Close Date: 2022-02-22
  • Tax Year: 2021

MLS Schools

  • Elementary School: Riverside - Gwinnett
  • High School: North Gwinnett
  • Middle School: North Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Aug 23, 2024
Sold by
Park Seo Y
Bought by
Wu Xuefeng and Rao Shuying
Seller's Agent
Arnold Oh
EXP Realty, LLC.
Buyer's Agent
Esther Rao
America Realty Center, Inc.
List Price
$589,900
Sold Price
$605,000
Premium/Discount to List
$15,100
2.56%
Views
30
Current Estimated Value
$609,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,302
Avg. Annual Appreciation
0.68%

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 22, 2022
Sold by
Lee Andy K
Bought by
Park Seo Y
Seller's Agent
Nicole Lee
Heritage GA. Realty
Buyer's Agent
Alicia Burr
Berkshire Hathaway HomeServices Georgia Properties
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 25, 2016
Sold by
Mtg Guaranty Insurace Corp
Bought by
Lee Andy K
Seller's Agent
PATRICK CONKLIN
NOT A VALID MEMBER
Buyer's Agent
Nicole Lee
Heritage GA. Realty
List Price
$296,900
Sold Price
$294,500
Premium/Discount to List
-$2,400
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$237,481
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2016
Sold by
Federal National Mortgage Association
Bought by
Mtg Guaranty Insurace Corp

Purchase Details

Closed on
Nov 11, 2015
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 3, 2015
Sold by
Coppley Ann W
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 8, 2008
Sold by
Naranjo Julie C
Bought by
Coppley Ann W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Jernigan Caroline A
Bought by
Naranjo Julie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,440
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2000
Sold by
Pulte Home Corp
Bought by
Jernigan Caroline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,600
Interest Rate
6.75%
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 Type Sale Price Title Company
Warranty Deed $605,000 --
Warranty Deed $510,000 --
Warranty Deed $294,500 --
Warranty Deed -- --
Warranty Deed $249,871 --
Foreclosure Deed $249,871 --
Deed $260,000 --
Deed $231,800 --
Deed $198,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $237,481 New Conventional
Previous Owner $234,000 New Conventional
Previous Owner $185,440 New Conventional
Previous Owner $158,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $605,000 +2.6% $214 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $589,900 +15.7% $209 / Sq Ft
02/22/2022 02/22/22 Sold $510,000 +2.0% $181 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $499,900 +69.7% $177 / Sq Ft
05/25/2016 05/25/16 Sold $294,500 -0.8% $104 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $296,900 -- $105 / 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 $7,584 $213,040 $40,400 $172,640
2023 $7,584 $204,000 $40,400 $163,600
2022 $5,506 $167,880 $38,400 $129,480
2021 $4,880 $134,280 $27,600 $106,680
2020 $4,910 $134,280 $27,600 $106,680
2019 $4,738 $134,280 $27,600 $106,680
2018 $4,824 $128,240 $26,000 $102,240
2016 $3,996 $104,160 $26,800 $77,360
2015 $3,676 $93,920 $24,400 $69,520
2014 -- $88,560 $21,200 $67,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6988748

First Multiple Listing Service (FMLS)

APN: 7-287-297