NOT LISTED FOR SALE

3642 Lake Edge Dr Suwanee, GA 30024

Estimated Value: $879,000 - $950,000

7 Beds
5 Baths
5,233 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $895,000 $171 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,557/month

8 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Traditional Architecture
  • Suwanee Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2022

Rare Private Lake House with dramatic lake views from the family room, kitchen, breakfast room, and 3 bedrooms. The deck overlooking the lake is perfect for entertaining. Brand New finished basement with 2 bedrooms/ 1 full bath/ 1 big living room with abundance of windows for a gorgeous view of the lake. Home Features include 3 side brick, Full Finished Basement, total 7 BR/5BA, 2019 New Exterior Paint,2022 NEW HVAC & Furnace SYSTEM, 2019 New Roof. Community Features: 8 Tennis Court/3 Swimming POOLS with Slide/Club House/Playground/ Sand Volleyball Court/ Walking distance to Park Trail.

Last Agent to Sell the Property

Jinming Gu

Virtual Properties Realty.com License #381169 Listed on: 04/15/2022

Virtual Properties Realty.com

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,364

Year Built

  • Built in 1999

Lot Details

  • 0.61 Acre Lot
  • Lake Front

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • Garage

Home Design

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

Interior Spaces

  • 3-Story Property
  • Bookcases
  • 3 Fireplaces
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity

Finished Basement

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

Outdoor Features

  • Access To Lake

Schools

  • Suwanee Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

Overview

  • Association fees include management fee, swimming, tennis
  • Morningview Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,364

Year Built

Built in 1999

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • ArchitecturalStyle: Brick 3 Side, Traditional
  • Financing Type: Cash
  • Levels: Three Or More
  • Lot Size Acres: .61
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 5233
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave
  • Bedrooms: 7
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1400
  • Total Finished Sq Ft: 3833
  • Unfinished Below Grade Sq Ft: 500
  • Above Grade Finished Sq Ft: 3833
  • Interior Amenities: Bookcases, Double Vanity, Two Story Foyer, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Flooring: Hardwood

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Concrete, Brick
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: Lake Access, Lake

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 850
  • Association: Yes
  • Community Features: Clubhouse, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Association Fee Includes: Management Fee, Other, Swimming, Tennis

Schools

  • Elementary School: Suwanee
  • High School: North Gwinnett
  • High School Bus: Yes
  • Middle School: North Gwinnett
  • Middle School Bus: Yes

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6364

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 24, 2022
Sold by
Peng Minyi
Bought by
Zeab Nasser Safaie and Ghasemi Parisa
Seller's Agent
Jinming Gu
Virtual Properties Realty.com
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$835,000
Sold Price
$895,000
Premium/Discount to List
$60,000
7.19%
Current Estimated Value
$909,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,717
Avg. Annual Appreciation
0.46%

Purchase Details

Listed on
Apr 15, 2022
Closed on
Apr 15, 2022
Sold by
Peng Minyi
Bought by
Tsay Christopher C and Peng Minyi
Seller's Agent
Jinming Gu
Virtual Properties Realty.com
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$835,000
Sold Price
$895,000
Premium/Discount to List
$60,000
7.19%

Purchase Details

Closed on
Jun 14, 2018
Sold by
Peng Zhihui
Bought by
Peng Minyi

Purchase Details

Closed on
Jan 10, 2014
Sold by
Peng Minyi
Bought by
Peng Zhihui

Purchase Details

Closed on
May 19, 2011
Sold by
Hsbc Bank Usa Na 2006-Aa2
Bought by
Peng Minyi

Purchase Details

Closed on
Mar 1, 2011
Sold by
Han Zhang N
Bought by
Hsbc Bk Usa Na Trust 2006-Aa2

Purchase Details

Closed on
Dec 7, 2010
Sold by
Kim Taes
Bought by
Han Zheng N

Purchase Details

Closed on
Aug 9, 2006
Sold by
Moon Jong S
Bought by
Han Zheng N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Choi In S
Bought by
Moon Jong 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
Zeab Nasser Safaie $895,000 --
Tsay Christopher C -- --
Peng Minyi -- --
Peng Zhihui -- --
Peng Minyi $270,000 --
Hsbc Bk Usa Na Trust 2006-Aa2 $292,500 --
Han Zheng N -- --
Han Zheng N $450,000 --
Moon Jong S $379,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Han Zheng N $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $895,000 +1.7% $171 / Sq Ft
04/18/2022 04/18/22 Price Changed $880,000 +5.4% $168 / Sq Ft
04/15/2022 04/15/22 For Sale $835,000 -- $160 / Sq Ft
Source: Georgia MLS

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 $8,351 $388,480 $55,480 $333,000
2024 $8,533 $279,040 $50,000 $229,040
2023 $8,533 $279,040 $50,000 $229,040
2022 $6,265 $176,800 $37,880 $138,920
2021 $6,364 $176,800 $37,880 $138,920
2020 $6,405 $186,480 $37,880 $148,600
2019 $6,190 $167,640 $36,000 $131,640
2018 $6,204 $167,640 $36,000 $131,640
2016 $5,392 $144,080 $27,200 $116,880
2015 $5,455 $144,080 $27,200 $116,880
2014 $5,274 $144,080 $27,200 $116,880
Source: Public Records

Agents Affiliated with this Home

  • Jinming Gu

    Seller's Agent in 2022

    Jinming Gu

    Virtual Properties Realty.com

    (770) 495-5050

    10 in this area

    109 Total Sales

    Jinming Gu
    Section Image
  • Glenda Broker

    Buyer's Agent in 2022

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20034301

Georgia MLS

APN: 7-214-533

Georgia Gwinnett County Suwanee 30024

3642 Lake Edge Dr, Suwanee, GA

Not Listed for Sale

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