$325,000
SOLD OCT 4, 2013

3975 Summit Gate Dr Suwanee, GA 30024

5 Beds
3.5 Baths
2,760 Sq Ft
0.73 Acres

Recently Sold

$118 Per Sq Ft

4% Below List Price

106 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Clubhouse
  • Traditional Architecture
  • Suwanee Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of August 2020

NO COMPROMISES HERE! FLAWLESS CONDITION FOR THE MOST DISCRIMINATING BUYER*LATEST DECOR*FABULOUS HI-END MAPLE/CORIAN KIT W/UPGRD APPL, 10' CEIL OPN TO FAM RM*O'SIZED PATIO VIEWS WOODED NATURE-LOVERS PARADISE ON PREMIUM LOT

Last Agent to Sell the Property

Lisa Shin

Focus Realty Investment License #276126 Listed on: 05/03/2013

Focus Realty Investment

Last Buyer's Agent

TAX RECORD

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 2001

Lot Details

  • Landscaped
  • Private Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Whole House Fan
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • L-Shaped Dining Room
  • Breakfast Room
  • Home Office
  • Computer Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Open to Family Room
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Energy-Efficient HVAC
  • Patio

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 3975SummitGateDR

Community Details

Overview

  • Property has a Home Owners Association
  • Morningview/Clairidge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,022

Year Built

Built in 2001

Lot Details

0

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: 2001
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Finished, Full
  • Kitchen Features: Breakfast Room, Cabinets Stain, Solid Surface Counters, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Family Room, Office
  • Dining Room Features: Seats 12+, Dining L
  • Square Footage: 2760.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment
  • Lower Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Garden

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Pool, Sidewalks
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Morningview/Clairidge

Schools

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

Lot Info

  • Lot: 31
  • Lot Features: Landscaped, Private
  • Lot Dimensions: .73
  • Parcel Number: 3975SummitGateDR
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC

Tax Info

  • Taxes: 4022.00
  • Assessor Parcel Number: R7215-151
  • Close Date: 2013-10-04
  • Tax Year: 2011

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2020
Closed on
Aug 13, 2020
Sold by
Liu Lirong
Bought by
Otoighile Rhoda N
Seller's Agent
Michael Gates
Ansley Real Estate | Christie's International Real Estate
Buyer's Agent
Ibukun Olu Soyebo
Virtual Properties Realty.Net, LLC.
List Price
$430,000
Sold Price
$405,000
Premium/Discount to List
-$25,000
-5.81%
Current Estimated Value
$665,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,760
Avg. Annual Appreciation
10.58%
Original Mortgage
$397,664
Outstanding Balance
$356,091
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$311,405

Purchase Details

Closed on
Feb 10, 2014
Sold by
Liu Wenzhong
Bought by
Liu Wenzhong and Liu Lirong

Purchase Details

Listed on
May 3, 2013
Closed on
Oct 4, 2013
Sold by
Kang Myung O
Bought by
Liu Wenzhong
Seller's Agent
Lisa Shin
Focus Realty Investment
Buyer's Agent
TAX RECORD
Non FMLS Member
List Price
$339,900
Sold Price
$325,000
Premium/Discount to List
-$14,900
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$227,500
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2006
Sold by
Kang Myung O
Bought by
Kang Myung O and Kang Suk H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2001
Sold by
Pilon Cleon J
Bought by
Pilon Cleon J and Pilon Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,785
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

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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
Warranty Deed $405,000 --
Warranty Deed -- --
Warranty Deed $325,000 --
Quit Claim Deed -- --
Deed $313,000 --
Deed $313,000 --
Quit Claim Deed -- --
Deed $267,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $397,664 FHA
Previous Owner $227,500 New Conventional
Previous Owner $219,000 New Conventional
Previous Owner $213,785 Stand Alone Refi Refinance Of Original Loan
Previous Owner $213,785 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $405,000 -1.2% $104 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
04/28/2020 04/28/20 Price Changed $410,000 -2.1% $106 / Sq Ft
04/03/2020 04/03/20 Price Changed $419,000 -2.6% $108 / Sq Ft
03/28/2020 03/28/20 For Sale $430,000 +32.3% $111 / Sq Ft
10/04/2013 10/04/13 Sold $325,000 -4.4% $118 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $339,900 -- $123 / 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
2023 $9,687 $247,360 $47,200 $200,160
2022 $8,398 $227,280 $40,400 $186,880
2021 $6,181 $162,000 $29,720 $132,280
2020 $6,109 $158,960 $27,640 $131,320
2019 $5,881 $158,960 $27,640 $131,320
2018 $5,354 $143,720 $32,000 $111,720
2016 $4,866 $128,880 $28,000 $100,880
2015 $4,481 $116,440 $27,200 $89,240
2014 -- $116,440 $27,200 $89,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5142364

First Multiple Listing Service (FMLS)

APN: 7-215-151