NOT LISTED FOR SALE

3550 Lake McGinnis Dr Suwanee, GA 30024

Estimated Value: $773,008 - $884,000

6 Beds
4.5 Baths
3,783 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 10, 2014

Last sale price $375,000 $99 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,187/month

6 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Clubhouse
  • Roberts Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Traditional Architecture

About This Home

As of June 2014

Amazing space w/ 3 finished levels. 6 BR's, 4 1/2 BA's (2nd Floor has 4 BR's & 3 full BA's. 3rd Floor has 2 BR's & 1 Full BA). On main level: formal DR, Butler's pantry, gorgeous Kitchen, granite, island, built-in desk, Great Rm w/ coffered ceilings, bookcases & FP, Keeping Rm w/ FP, office, 1/2 bath. Hrdwds on main. Covered front porch. 3 sides brick. Swim/tennis, clubhouse, playground, lake, walking trails, in sought after Suwanee and the North Gwinnett HS, Level Creek Elem school district.

Last Agent to Sell the Property

DEBBIE N SCOTT

NOT A VALID MEMBER License #239910 Listed on: 04/14/2014

NOT A VALID MEMBER

Last Buyer's Agent

Christy Jang

Virtual Properties Realty.com License #264943

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,663

Year Built

  • Built in 2008

Lot Details

  • Landscaped
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,783 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • 2 Fireplaces
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Keeping Room
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Front Porch

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
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 110 / A
  • Assessor Parcel Number 3550LakeMcGinnisDR

Community Details

Overview

  • Mcginnis Reserve Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,663

Year Built

Built in 2008

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: Traditional
  • Property Condition: Resale
  • Year Built: 2008
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Gas Log, Gas Starter, Glass Doors
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Other, Kitchen Island, Keeping Room, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3783.00

Beds/Baths

  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 3 Sides, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Lake, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: McGinnis Reserve

Lot Info

  • Lot: 110
  • Lot Features: Landscaped, Level
  • Lot Dimensions: .19
  • Parcel Number: 3550LakeMcGinnisDR
  • Property Attached Yn: No

Tax Info

  • Taxes: 4663.00
  • Tax Year: 2013

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

Closed on
Nov 10, 2021
Sold by
Choi Nam Sik
Bought by
Lim Jungha and Choi Nam Sik
Current Estimated Value
$832,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,300
Outstanding Balance
$422,624
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$409,878

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jun 10, 2014
Sold by
Rockwood Edward Richard
Bought by
Choi Nam Sik
Seller's Agent
DEBBIE N SCOTT
NOT A VALID MEMBER
Buyer's Agent
Christy Jang
Virtual Properties Realty.com
List Price
$384,900
Sold Price
$375,000
Premium/Discount to List
-$9,900
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$300,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2013
Sold by
Rockwood Min Soon
Bought by
Rockwood Edward Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Bowen Family Homes Inc
Bought by
Rockwood Edward and Rockwood Min S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lim Jungha -- --
Choi Nam Sik $375,000 --
Rockwood Edward Richard -- --
Rockwood Edward $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Jungha $465,300
Previous Owner Choi Nam Sik $300,000
Previous Owner Rockwood Edward Richard $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2014 06/10/14 Sold $375,000 -2.6% $99 / Sq Ft
04/20/2014 04/20/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $384,900 -- $102 / 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
2025 $8,293 $344,560 $44,080 $300,480
2024 $6,789 $261,120 $54,000 $207,120
2023 $6,789 $261,120 $54,000 $207,120
2022 $8,191 $261,120 $54,000 $207,120
2021 $6,751 $202,800 $38,400 $164,400
2020 $6,801 $202,800 $38,400 $164,400
2019 $5,789 $202,800 $38,400 $164,400
2018 $5,347 $181,080 $39,600 $141,480
2016 $5,047 $167,280 $39,600 $127,680
2015 $4,527 $140,720 $28,000 $112,720
2014 $4,748 $140,720 $28,000 $112,720
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    DEBBIE N SCOTT

    NOT A VALID MEMBER

    Section Image
  • Christy Jang

    Buyer's Agent in 2014

    Christy Jang

    Virtual Properties Realty.com

    (678) 559-4989

    1 in this area

    15 Total Sales

    Christy Jang
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5276366

First Multiple Listing Service (FMLS)

APN: 7-210-170

Georgia Gwinnett County Suwanee 30024

3550 Lake McGinnis Dr, Suwanee, GA

Not Listed for Sale

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