NOT LISTED FOR SALE

3705 Preakness Ln Suwanee, GA 30024

Estimated Value: $729,000 - $790,639

5 Beds
3.5 Baths
4,184 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $485,000 $116 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,714/month

Highlights

  • Home Theater
  • Clubhouse
  • Traditional Architecture
  • Brookwood Elementary School Rated A+
  • Deck
  • Cathedral Ceiling

About This Home

As of April 2021

Welcome home to this beautiful oversized 5 bedroom 3.5 bathroom home in the highly sought-after community of Bridle Ridge. This home features custom made, cathedral top, split precision balanced steal grand entrance doors and this is just the beginning of the custom features this how has to offer. Hard wood floors on the main level, lots of windows, skylights, Master on the main with 9’+ vaulted ceilings, plantation shutters, and double vanity. Den/office area. Formal dining and a breakfast area both with bay windows overlooking the spacious yard! Crown molding throughout the house. Stone fireplace with gas starter. Laundry room. Double pantry, granite counter tops, gas stove, double oven, island in the kitchen. 2 car garage.

Upstairs is carpeted and has a multifunctional loft overlooking the downstairs living area.

Large finished terrace level is carpeted with plenty of room for entertaining, including media room, area for a pool table, workshop, workout area and plenty of storage. It includes flex room for an additional office space/homeschooling/arts and crafts.

Walk outside to an open trek deck which also leads to a screened in area with blinds for those cooler nights. Fenced in back yard with a play area and fire pit.

Community features include pool, tennis courts, clubhouse and playground. Lots of activities for everyone. Close to shopping, restaurants, award-wining schools

Last Agent to Sell the Property

DANIEL BRUTON

High Caliber Realty License #391279 Listed on: 01/12/2021

High Caliber Realty

Co-Listed By

Brent Rittersdorf

High Caliber Realty License #343823

Last Buyer's Agent

HONGWEI YAO

AllTrust Realty, Inc. License #368136

AllTrust Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,133

Year Built

  • Built in 1995

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 79x170x79x171
  • Property fronts a private road
  • Wood Fence
  • Landscaped
  • Sloped Lot
  • Back and Front Yard

HOA Fees

  • $75 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Plantation Shutters
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Computer Room
  • Bonus Room
  • Screened Porch
  • Home Gym

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • 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

Outdoor Features

  • Deck

Schools

  • Brookwood - Forsyth Elementary School
  • South Forsyth Middle School
  • Lambert High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 147 / 1
  • Assessor Parcel Number 138 083

Community Details

Overview

  • $900 Initiation Fee
  • Bridle Ridge HOA
  • Bridle Ridge Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,133

Year Built

Built in 1995

Lot Details

0

HOA Fees

$75 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: 1995
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 2416.00
  • Below Grade Sq Ft: 530.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Double Oven, Dishwasher, Refrigerator, Gas Water Heater, Gas Cooktop, Microwave
  • Interior Amenities: High Ceilings 10 ft Main, Bookcases, Cathedral Ceiling(s)
  • Basement: Exterior Entry, Finished Bath, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets White, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Exercise Room, Media Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4184.00
  • Spa Features: None
  • Window Features: Skylight(s), Plantation Shutters
  • Below Grade Finished Sq Ft: 1238.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Whirlpool Tub, Double Vanity

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Shingle
  • Fencing: Fenced, Wood
  • Patio And Porch Features: Deck, Enclosed, Rear Porch, Screened
  • Foundation: Slab, Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Natural Gas, Electric
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 220 Volts in Laundry, 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Trash, Reserve Fund, Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Tennis Court(s)
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: treasurer@bridleridgeho.com
  • Subdivision Complex: Bridle Ridge

Association/Amenities

  • Management Company: Bridle Ridge HOA

Schools

  • Elementary School: Brookwood - Forsyth
  • Middle School: South Forsyth
  • High School: Lambert

Lot Info

  • Acres: 0.3100
  • Lot: 147
  • Land/Lot: 1132
  • Section G M D: 1
  • Deed Book: 6632
  • Deed Page: 553
  • Plat Book: 42
  • Plat Page: 70-72
  • Lot Features: Back Yard, Landscaped, Sloped, Front Yard
  • Lot Dimensions: 79X170X79X171
  • Parcel Number: 138 083
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 900

Tax Info

  • Taxes: 5133.00
  • Assessor Parcel Number: 138 083
  • Close Date: 2021-04-02
  • Tax Year: 2020

MLS Schools

  • Elementary School: Brookwood - Forsyth
  • High School: Lambert
  • Middle School: South Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 2, 2021
Sold by
Pallone Joseph C Estate
Bought by
Yao Xuefeng and Sui Lingyan
Seller's Agent
DANIEL BRUTON
High Caliber Realty
Buyer's Agent
HONGWEI YAO
AllTrust Realty, Inc.
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Current Estimated Value
$764,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,910
Avg. Annual Appreciation
10.73%
Original Mortgage
$388,000
Outstanding Balance
$350,317
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$414,593

Purchase Details

Closed on
Mar 27, 2013
Sold by
Haisten Richard Wayne
Bought by
Pallone Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,330
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1995
Sold by
Abc Bldrs
Bought by
Redfern Richard W Sheryl M
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
Yao Xuefeng $485,000 --
Pallone Joseph C $313,000 --
Redfern Richard W Sheryl M $215,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yao Xuefeng $388,000
Closed Yao Xuefeng $388,000
Previous Owner Pallone Joseph C $350,732
Previous Owner Pallone Joseph C $40,000
Previous Owner Pallone Joseph C $307,330
Previous Owner Haisten Richard W $249,000
Previous Owner Haisten Richard W $35,000
Previous Owner Haisten Richard W $50,000
Previous Owner Haisten Richard W $248,500
Previous Owner Haisten Richard W $248,000
Closed Redfern Richard W Sheryl M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $485,000 -2.0% $116 / Sq Ft
01/31/2021 01/31/21 For Sale $495,000 0.0% $118 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $495,000 -- $118 / 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 $7,182 $331,856 $78,000 $253,856
2024 $7,182 $292,888 $68,000 $224,888
2023 $6,785 $275,676 $60,000 $215,676
2022 $5,163 $186,648 $50,000 $136,648
2021 $5,154 $186,648 $50,000 $136,648
2020 $5,133 $185,872 $50,000 $135,872
2019 $5,111 $184,812 $50,000 $134,812
2018 $4,972 $179,796 $50,000 $129,796
2017 $4,566 $164,512 $30,000 $134,512
2016 $4,323 $155,752 $30,000 $125,752
2015 $4,275 $153,752 $28,000 $125,752
2014 $3,315 $125,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    DANIEL BRUTON

    High Caliber Realty

    (770) 874-5028

    1 in this area

    14 Total Sales

    DANIEL BRUTON
    Section Image
  • Brent Rittersdorf

    Seller Co-Listing Agent in 2021

    Brent Rittersdorf

    High Caliber Realty

    (203) 317-1410

    1 in this area

    77 Total Sales

    Brent Rittersdorf
    Section Image

  • H

    Buyer's Agent in 2021

    HONGWEI YAO

    AllTrust Realty, Inc.

    (678) 595-8086

    2 in this area

    7 Total Sales

    HONGWEI YAO
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6824511

First Multiple Listing Service (FMLS)

APN: 138-083

Georgia Forsyth County Suwanee 30024

3705 Preakness Ln, Suwanee, GA

This home is located at 3705 Preakness Ln, Suwanee, GA 30024 since 12 January 2021 and is currently estimated at $764,910, approximately $182 per square foot. This property was built in 1995. 3705 Preakness Ln is a home located in Forsyth County with nearby schools including Brookwood Elementary School, South Forsyth Middle School, and Lambert High School.

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