$460,000
SOLD AUG 12, 2025

265 Lee River Cove Unit 1 Suwanee, GA 30024

4 Beds
3 Baths
2,672 Sq Ft
0.61 Acres

Recently Sold

$172 Per Sq Ft

8% Below List Price

40 Days on Market

Highlights

  • Open-Concept Dining Room
  • Sitting Area In Primary Bedroom
  • Green Roof
  • Walnut Grove Elementary School Rated A
  • Lake View
  • Community Lake

About This Home

As of August 2025

Welcome to your dream home, perfectly positioned on a quiet cul-de-sac in the heart of Richland, where stunning lake views, multi-generational flexibility, and everyday comfort come together. Built as one of Richland’s original featured model homes on a premium lot, this residence was thoughtfully designed to maximize its unique lakefront setting, a truly rare find in this desirable community. Set on an oversized lot in a highly sought-after school district, this beautifully maintained 4-bedroom, 3-bath home offers an ideal blend of space, function, and timeless charm. Step inside to soaring ceilings and skylight windows that flood the home with natural light, highlighting the hardwood floors throughout the main level. The spacious living area centers around a gas starter fireplace, creating the perfect ambiance for relaxing evenings or hosting gatherings. A new oven and cooktop elevate the kitchen, while the expansive deck invites you to unwind outdoors and soak in the peaceful surroundings. The oversized master suite serves as a serene retreat, featuring high ceilings, a hardwood-floor sitting area with lake views, and its own gas log fireplace. The garden jacuzzi tub is tucked into a corner and framed by a custom stained glass window medallion, crafted by a local artist to provide both beauty and privacy, an ideal setting for relaxation and renewal. This home features two HVAC systems: the upstairs unit is only 2 years old, and the lower level system is 6 years old, ensuring comfort throughout the year. A new roof installed in 2023 adds even more peace of mind. The unfinished basement offers the perfect canvas for expansion, whether you envision a media room, gym, in-law suite, or workshop. A newly constructed, handicap-accessible sidewalk at the back of the home connects directly to Richland’s clubhouse, pools, children’s playground, nature trails, and pickleball courts, and even extends to Collins Hill High School, offering students the option to walk to and from school with ease. The community offers resort-style amenities, including an Olympic-sized swimming pool, a separate saltwater pool, a well-appointed clubhouse, tennis courts in two locations, and miles of scenic walking trails that that wind along the creek. Don’t miss your chance to own this exceptional property where lifestyle, location, and potential converge.

Last Agent to Sell the Property

Liubov Kriel

Virtual Properties Realty. Biz License #385112 Listed on: 06/06/2025

Virtual Properties Realty. Biz

Last Buyer's Agent

Tae Kang

SSRE, LLC. License #347127

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 1989

Lot Details

  • 0.61 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Landscaped
  • Level Lot
  • Back and Front Yard

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Combination Foundation
  • Composition Roof
  • Cedar

Interior Spaces

  • 2,672 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Open-Concept Dining Room
  • Formal Dining Room
  • Lake Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Eco-Friendly Details

  • Green Roof
  • ENERGY STAR Qualified Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 110 Volts
  • High-Efficiency Water Heater
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number R7086 160

Community Details

Overview

  • Shaben And Associates Association, Phone Number (770) 271-2252
  • Secondary HOA Phone (770) 271-2252
  • Richland Subdivision
  • Rental Restrictions
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Swim Team
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,284

Year Built

Built in 1989

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Traditional
  • Property Condition: Resale
  • Year Built: 1989
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Fireplace Features: Living Room, Master Bedroom
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, ENERGY STAR Qualified Appliances, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Vaulted Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Interior Entry, Unfinished, Walk-Out Access
  • Kitchen Features: View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Attic
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 2672.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master, Sitting Room
  • Lower Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Cedar
  • Roof Type: Composition
  • Fencing: Wood
  • Patio And Porch Features: Deck
  • View: Lake
  • Pool Private: No
  • Foundation: Combination

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment
  • Heating: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, Laundry Room, Lower Level
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Swim, Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Lake, Near Trails/Greenway, Pickleball, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 670
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-271-2252
  • Home Warranty: Yes
  • Management Company Email: www.shabenandassociates.com
  • Management Phone: 770-271-2252
  • Subdivision Complex: Richland

Association/Amenities

  • Management Company: Shaben and Associates

Schools

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

Lot Info

  • Acres: 0.6100
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level
  • Lot Dimensions: x 47
  • Parcel Number: R7086 160
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Roof, Thermostat, Water Heater
  • Green Energy Generation: None

Tax Info

  • Taxes: 5284.00
  • Assessor Parcel Number: R7086-160
  • Close Date: 2025-08-12
  • Tax Year: 2024

MLS Schools

  • 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
Jun 6, 2025
Closed on
Aug 12, 2025
Sold by
Shin Heidi
Bought by
Shin Heidi and Shin Ho Seung
Seller's Agent
Liubov Kriel
Virtual Properties Realty. Biz
Buyer's Agent
Tae Kang
SSRE, LLC.
List Price
$500,000
Sold Price
$460,000
Premium/Discount to List
-$40,000
-8%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.57%

Purchase Details

Closed on
Apr 3, 2006
Sold by
Johnson-Krask Joan C
Bought by
Krask Stephen K and Krask Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,880
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Krask Ken A and Krask Joan C
Bought by
Krask Ken A and Krask Joan C

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
Interest Rate
6.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Quit Claim Deed -- --
Warranty Deed $460,000 --
Deed $259,900 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $207,880 New Conventional
Previous Owner $153,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Sold $460,000 -3.2% $172 / Sq Ft
07/16/2025 07/16/25 Pending -- -- --
07/03/2025 07/03/25 Price Changed $475,000 -2.1% $178 / Sq Ft
06/20/2025 06/20/25 Price Changed $485,000 -3.0% $182 / Sq Ft
06/06/2025 06/06/25 For Sale $500,000 -- $187 / 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 $5,284 $184,640 $38,400 $146,240
2023 $5,284 $189,320 $41,600 $147,720
2022 $4,955 $166,880 $37,200 $129,680
2021 $4,297 $131,600 $23,360 $108,240
2020 $4,328 $131,600 $23,360 $108,240
2019 $4,205 $131,600 $23,360 $108,240
2018 $3,647 $105,600 $21,600 $84,000
2016 $2,958 $81,360 $14,000 $67,360
2015 $2,986 $81,360 $14,000 $67,360
2014 -- $81,360 $14,000 $67,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7582722

First Multiple Listing Service (FMLS)

APN: 7-086-160