NOT LISTED FOR SALE

3520 Lake McGinnis Dr Suwanee, GA 30024

Estimated Value: $712,000 - $860,000

4 Beds
3.5 Baths
3,954 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $625,000 $158 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,091/month

Highlights

  • Boat Dock
  • Fishing
  • Craftsman Architecture
  • Roberts Elementary School Rated A
  • Rooftop Deck
  • Community Lake

About This Home

As of July 2021

YOUR SEARCH IS OVER! Hard to find Luxury 3-Sided Brick Ranch on a finished basement with Guest Suite Upstairs in desirable McGinnis Reserve & North Gwinnett High School Cluster. Quality built by one of the original builders. Spacious Foyer welcomes you to this amazing well-loved home w/ Plantation Shutters throughout. Main Level offers Spacious Family Room w/ Cathedral Ceiling, Gas Fireplace and is open to oversized Kitchen w/ Island, Granite Countertops, Double Oven & Gas Cooktop. Breakfast Nook, Beautiful Formal Dining Room w/ Multiple Windows. Master Suite features Spacious Bedroom with Trey Ceiling, Spa-Like Bath w/ separate Shower & generous Walk-in Closets. Two secondary bedrooms, one was converted into Study/Office. Full Bath, Mud Room/Laundry Room that is conveniently located next to Garage. Second Level features Guest Suite w/Full Bathroom. Huge Deck is perfect for entertaining and has Grill Area, Dining, and Covered Sitting Areas. Finished Terrace Level Offers Family Room, Game Room, Bar with Wine Cooler and is plumbed for a sink, Half Bath with Plumbing available and ready to add a Tub or Shower. A huge Workshop is perfect for your hobby or can be converted into a Movie Room, Gym, Wine Room, you name it. Plenty of Storage Space. Fenced level Backyard with raised patio adds even more Entertainment Space. Over 50K in upgrades & improvements. New Roof and Water Heater, newer HVAC Systems, and recently updated Deck. Active Swim/Tennis community on a Lake with Direct Access to Suwanee Greenway and 20 minutes walking distance to Suwanee Town Center.

Last Agent to Sell the Property

Olga Buchkovsky

Century 21 Results License #341676 Listed on: 05/20/2021

Century 21 Results

Last Buyer's Agent

Matthew Wang

Atlanta Realty Global, LLC. License #386780

Atlanta Realty Global, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 2009

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

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

Home Design

  • Craftsman Architecture
  • 3-Story Property
  • Shingle Roof
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Three Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • Rear Stairs
  • Tray Ceiling
  • Cathedral Ceiling
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Plantation Shutters
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Game Room
  • Workshop
  • Home Gym
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • 220 Volts In Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near shops

Schools

  • Roberts Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 107 / A
  • Assessor Parcel Number R7210 167

Community Details

Overview

  • $500 Initiation Fee
  • Community Management Assoc Association, Phone Number (404) 835-9148
  • Secondary HOA Phone (404) 835-9148
  • Mcginnis Reserve Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,729

Year Built

Built in 2009

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Ranch
  • Property Condition: Resale
  • Year Built: 2009
  • Levels Stories: Three Or More
  • Above Grade Finished Sq Ft: 2611.00
  • Below Grade Sq Ft: 900.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Family Room, Game Room, Great Room - 2 Story, Office, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3954.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters
  • Below Grade Finished Sq Ft: 1343.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 3 Sides, Cement Siding
  • Roof Type: Composition, Ridge Vents, Shingle
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Rooftop
  • Exterior Features: Balcony, Private Yard, Rain Gutters, Rear Stairs
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 4
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Reserve Fund, Swim/Tennis, Trash
  • Community Features: Clubhouse, Community Dock, Fishing, Homeowners Assoc, Lake, Near Shopping, Near Trails/Greenway, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9148
  • Management Phone: 404-835-9148
  • Subdivision Complex: McGinnis Reserve

Association/Amenities

  • Management Company: Community Management Assoc

Schools

  • Elementary School: Roberts
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Acres: 0.1800
  • Lot: 107
  • Land/Lot: 210
  • Plat Book: 122
  • Plat Page: 250
  • Lot Features: Back Yard, Front Yard, Landscaped, Level, Private
  • Lot Dimensions: x
  • Parcel Number: R7210 167
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2729.00
  • Assessor Parcel Number: 7210-167
  • Close Date: 2021-07-02
  • Tax Year: 2020

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Roberts
  • High School: North Gwinnett
  • Middle School: North Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 2, 2021
Sold by
Smoot Margaret Y
Bought by
Li Lin and Wang Qiao
Seller's Agent
Olga Buchkovsky
Century 21 Results
Buyer's Agent
Matthew Wang
Atlanta Realty Global, LLC.
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Current Estimated Value
$815,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,539
Avg. Annual Appreciation
6.14%

Purchase Details

Listed on
May 20, 2021
Closed on
May 24, 2021
Sold by
Smoot Francis J
Bought by
Smoot Margaret Y
Seller's Agent
Olga Buchkovsky
Century 21 Results
Buyer's Agent
Matthew Wang
Atlanta Realty Global, LLC.
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%

Purchase Details

Closed on
Sep 23, 2009
Sold by
Bowen Family Homes Inc
Bought by
Smoot Francis J and Smoot Margaret Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.22%
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 Buyer Sale Price Title Company
Li Lin $625,000 --
Smoot Margaret Y -- --
Smoot Francis J $360,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smoot Francis J $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $625,000 +8.7% $158 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $575,000 -- $145 / 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 $8,014 $259,840 $54,000 $205,840
2023 $8,014 $250,000 $54,000 $196,000
2022 $1,322 $250,000 $54,000 $196,000
2021 $821 $176,440 $38,400 $138,040
2020 $2,729 $176,440 $38,400 $138,040
2019 $1,893 $176,440 $38,400 $138,040
2018 $4,851 $152,240 $39,600 $112,640
2016 $4,448 $140,160 $39,600 $100,560
2015 $3,719 $116,800 $28,000 $88,800
2014 $3,737 $116,800 $28,000 $88,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6885966

First Multiple Listing Service (FMLS)

APN: 7-210-167