$405,000
SOLD AUG 11, 2020

3975 Summit Gate Dr Suwanee, GA 30024

5 Beds
3.5 Baths
3,882 Sq Ft
0.73 Acres

Recently Sold

$104 Per Sq Ft

6% Below List Price

100 Days on Market

Highlights

  • City View
  • Deck
  • Traditional Architecture
  • Suwanee Elementary School Rated A
  • Oversized primary bedroom
  • Bonus Room

About This Home

As of August 2020

This spacious turn key home offers 5 bd, 3.5 ba with huge backyard and garden. Featuring fully finished basement with bar, kitchen, full bathroom, living room, guest bedroom, karaoke area, storage room, and hardwoods . Newly painted exterior with 3 year roof. Main floor and upstairs also newly painted. Generous open kitchen with high ceiling sunroom and spacious dining room. Large 2-story open ceiling living room with windows that pour in natural light. Huge master suite with beautiful high ceilings as well as large master bath. In sought after North Gwinnett Cluster!

Last Agent to Sell the Property

Michael Gates

Ansley Real Estate | Christie's International Real Estate License #389138 Listed on: 03/28/2020

Ansley Real Estate | Christie's International Real Estate

Last Buyer's Agent

Ibukun Olu Soyebo

Virtual Properties Realty.Net, LLC. License #255421

Virtual Properties Realty.Net, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,881

Year Built

  • Built in 2001

Lot Details

  • 0.73 Acre Lot
  • Landscaped
  • Level Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 3,882 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the lower level
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Second Story Great Room
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Sun or Florida Room
  • City Views
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Finished Basement

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Keller Williams Association
  • Clairidge @ Morningview Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number R7215 151

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,881

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

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Oven, Gas Range, Microwave
  • Interior Amenities: Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Double Vanity, Disappearing Attic Stairs, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished Bath, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Solid Surface Counters, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Library, Living Room, Office, Sun Room, Great Room - 2 Story
  • Dining Room Features: Separate Dining Room, Dining L
  • Square Footage: 3882.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Oversized Master
  • Lower Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick Front, Vinyl Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Deck
  • Exterior Features: Private Yard
  • View: City

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s), Security System Owned
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Kitchen, Main Level
  • Electric: None

Condo/Co-op/Association

  • Association: Yes
  • Home Warranty: Yes
  • Management Company Email: mgates27@gmail.com
  • Subdivision Complex: CLAIRIDGE @ MORNINGVIEW

Association/Amenities

  • Management Company: keller williams

Schools

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

Lot Info

  • Acres: 0.7300
  • Lot: x
  • Land/Lot: x
  • Section G M D: x
  • Plat Book: x
  • Lot Features: Back Yard, Level, Landscaped, Private
  • Lot Dimensions: 0x0x0x0
  • Parcel Number: R7215 151
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5881.00
  • Assessor Parcel Number: R7215-151
  • Close Date: 2020-08-11
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • 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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Range of Values:

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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: 6701090

First Multiple Listing Service (FMLS)

APN: 7-215-151