NOT LISTED FOR SALE

3980 Summit Gate Dr Suwanee, GA 30024

Estimated Value: $513,000 - $741,000

5 Beds
3 Baths
3,185 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $391,500 $123 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,597/month

3 Days on Market

Highlights

  • Craftsman Architecture
  • Dining Room Seats More Than Twelve
  • Deck
  • Suwanee Elementary School Rated A
  • Clubhouse
  • Rural View

About This Home

As of July 2019

Meticulously maintained home is sought after Morningview! Enter this pristine home into a two story foyer and great room with gorgeous hardwood floors and a bedroom and full bath on the main. Upstairs offers 4 bedrooms, including an oversized master with updated bath. The partially finished basement gives opportunity for entertaining, media room etc with storage area & room to expand for your needs. The lush, mature, professionally landscaped private yard is complete with extensive stone patio & irrigation. Newer HVAC & Roof! Tax records don't reflect finished basement.

Last Listed By

Kelly Arzabe

Avenues & Acres Real Estate License #369263 Listed on: 05/31/2019

Avenues & Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,746

Year Built

  • Built in 2002

Lot Details

  • 10,454 Sq Ft Lot
  • Back Yard Fenced

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,185 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Second Story Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Rural Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 65 / B
  • Assessor Parcel Number R7215 186

Community Details

Overview

  • $150 Initiation Fee
  • Association Phone (404) 835-9109
  • Secondary HOA Phone (404) 835-9109
  • Morningview Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,746

Year Built

Built in 2002

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer 2 Story, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Finished, Full
  • Kitchen Features: Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Family Room, Great Room - 2 Story, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3185.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master, Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio
  • Exterior Features: Private Yard
  • View: Rural

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9109
  • Management Phone: 404-835-9109
  • Subdivision Complex: Morningview

Schools

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

Lot Info

  • Acres: 0.2400
  • Lot: 65
  • Land/Lot: 65
  • Deed Book: 48144
  • Deed Page: 79
  • Lot Features: Back Yard
  • Lot Dimensions: x 80
  • Parcel Number: R7215 186
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 150

Tax Info

  • Taxes: 4746.00
  • Assessor Parcel Number: R7215-186
  • Close Date: 2019-07-16
  • Tax Year: 2017

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

Closed on
Apr 20, 2021
Sold by
Shim Eunhye
Bought by
Kim Chi Hun
Total Days on Market
3
Current Estimated Value
$670,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$315,164
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$386,605

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 16, 2019
Sold by
Kim Chi Hun
Bought by
Kim Chi Hun and Shim Eunhye
Seller's Agent
Kelly Arzabe
Avenues & Acres Real Estate
Buyer's Agent
Lisa Shin
Focus Realty Investment
List Price
$382,800
Sold Price
$391,500
Premium/Discount to List
$8,700
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$371,925
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2007
Sold by
Hernandez Rafael N and Hernandez Jessica I
Bought by
Hernandez Rafael N and Hernandez Jessica I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,300
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Oliveira Manuel and Oliveira Suzanne M
Bought by
Corporate Relocation Svcs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,300
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2002
Sold by
Waterford Home Inc
Bought by
Oliveira Manuel and Oliveira Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,449
Interest Rate
6.1%
Mortgage Type
New Conventional

Range of Values:

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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
Kim Chi Hun -- --
Kim Chi Hun -- --
Kim Chi Hun $391,500 --
Hernandez Rafael N $334,000 --
Hernandez Rafael N $334,000 --
Corporate Relocation Svcs Inc $334,000 --
Oliveira Manuel $273,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Chi Hun $368,000
Closed Kim Chi Hun $368,000
Previous Owner Kim Chi Hun $371,925
Previous Owner Hernandez Rafael N $113,627
Previous Owner Hernandez Rafael N $133,900
Previous Owner Hernandez Rafael N $130,300
Previous Owner Oliveira Manuel $218,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $391,500 +2.3% $123 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $382,800 -- $120 / 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 $9,776 $255,440 $47,200 $208,240
2022 $8,521 $230,760 $40,400 $190,360
2021 $5,559 $144,760 $27,640 $117,120
2020 $5,592 $144,760 $27,640 $117,120
2019 $4,448 $150,960 $27,640 $123,320
2018 $4,689 $139,040 $32,000 $107,040
2016 $4,396 $124,640 $28,000 $96,640
2015 $4,290 $117,680 $27,200 $90,480
2014 $4,314 $117,680 $27,200 $90,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6561723

First Multiple Listing Service (FMLS)

APN: 7-215-186