NOT LISTED FOR SALE

3989 Lake Ruby Ln Suwanee, GA 30024

Estimated Value: $516,000 - $538,000

3 Beds
2 Baths
2,128 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $510,000 $240 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,303/month

21 Days on Market

Highlights

  • Rooftop Deck
  • View of Trees or Woods
  • Clubhouse
  • Roberts Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Ranch Style House

About This Home

As of March 2024

INVESTOR ONLY! THIS PROPERTY HAS A TENANT WITH A LEASE AGREEMENT DUE TO EXPIRE ON 7/31/2025. (AGENTS, PLEASE READ THE PRIVATE REMARKS BELOW) THIS HIGHLY SOUGHT-AFTER RANCH PROPERTY HAS A BIG OPEN LIVING ROOM WITH A DOUBLE-SIDED FIREPLACE AND AN OVERSIZED MASTER BEDROOM. THE BACKYARD IS ENCLOSED WITH A WOODEN FENCE AND A SCREENED PORCH ATTACHED TO THE REAR OF THE HOUSE. THE COMMUNITY FEATURES A SWIMMING POOL AND TENNIS COURT, AND GEORGE PIERCE PARK AND SUWANEE TOWN CENTER ARE ONLY MINUTES AWAY. IT’S ALSO LOCATED IN THE NORTH GWINNETT HS DISTRICT. DON’T MISS THIS GREAT OPPORTUNITY TO OWN THIS INVESTMENT PROPERTY! THIS PROPERTY HAS A REFINISHED HARDWOOD FLOOR, NEW EVP AND CARPET, NEW WINDOWS THROUGHOUT THE ENTIRE HOUSE, A NEW SCREENED PATIO, AND A NEW COAT OF PAINT ON THE INSIDE. THE KITCHEN HAS ALSO BEEN UPDATED WITH NEW COUNTERTOPS, NEWLY PAINTED CABINETS, AND A NEW BACKSPLASH. IT ALSO HAS A NEW REFRIGERATOR, A NEW DISHWASHER, A NEW WASHER AND DRYER, AND A NEW GARAGE DOOR OPENER. ALSO, THE ENTIRE HVAC UNIT HAS BEEN REPLACED WITH A BRAND-NEW UNIT AS WELL!

Last Listed By

Johnnie Chong

Wealthpoint Realty, LLC. License #379650 Listed on: 02/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1999

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Garden
  • Back Yard

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Ranch Style House
  • European Architecture
  • Slab Foundation
  • Composition Roof
  • Brick Front
  • HardiePlank Type

Interior Spaces

  • 2,128 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Views of Woods
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Rooftop Deck
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Roberts Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 54 / D
  • Assessor Parcel Number R7234 432

Community Details

Overview

  • Ruby Forest Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 1999

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: L54 BD RUBY FOREST #7 PH2
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Ranch
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Fireplace Features: Double Sided, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Other, Eat-in Kitchen, Laminate Counters, Pantry Walk-In
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Sun Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 2128.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick Front, HardiPlank Type
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Enclosed, Patio, Rear Porch, Rooftop, Screened
  • Exterior Features: Garden
  • View: Trees/Woods
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Underground Utilities
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Ruby Forest

Schools

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

Lot Info

  • Acres: 0.3400
  • Lot: 54
  • Land/Lot: 234
  • Section G M D: 2
  • Plat Book: 80
  • Plat Page: 142
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: R7234 432
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3898.00
  • Assessor Parcel Number: R7234-432
  • Close Date: 2024-03-18
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 18, 2024
Sold by
Kim Seung
Bought by
Li Xia and Qi Le
Seller's Agent
Johnnie Chong
Wealthpoint Realty, LLC.
Buyer's Agent
Vivian Zhang
Keller Williams North Atlanta
List Price
$530,000
Sold Price
$510,000
Premium/Discount to List
-$20,000
-3.77%
Total Days on Market
21
Views
109
Current Estimated Value
$529,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,593
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
May 31, 2007
Sold by
Kim Seung
Bought by
Kim Seung and Lee Chang-Lyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2003
Sold by
Webb Emily
Bought by
Moreman Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,300
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2001
Sold by
Moreman Mary S
Bought by
Moreman Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 18, 1999
Sold by
Garen Homes Inc
Bought by
Moreman Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,950
Interest Rate
6.75%
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
Li Xia $510,000 --
Kim Seung $240,000 --
Kim Seung $240,000 --
Moreman Mary S -- --
Moreman Mary S -- --
Moreman Mary S -- --
Moreman Mary S $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Seung $223,800
Previous Owner Kim Seung $227,200
Previous Owner Kim Seung $182,300
Previous Owner Kim Seung $191,000
Previous Owner Kim Seung $25,000
Previous Owner Moreman Mary S $21,581
Previous Owner Moreman Mary S $154,300
Previous Owner Moreman Mary S $25,000
Previous Owner Moreman Mary S $152,000
Previous Owner Moreman Mary S $152,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $510,000 -1.7% $240 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $519,000 -2.1% $244 / Sq Ft
02/07/2024 02/07/24 For Sale $530,000 0.0% $249 / Sq Ft
07/23/2022 07/23/22 Rented $2,700 0.0% --
07/23/2022 07/23/22 Under Contract -- -- --
07/19/2022 07/19/22 For Rent $2,700 -- --
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 $3,898 $174,040 $40,000 $134,040
2022 $4,738 $150,760 $37,600 $113,160
2021 $535 $108,440 $24,920 $83,520
2020 $3,668 $108,440 $24,920 $83,520
2019 $3,126 $108,440 $24,920 $83,520
2018 $3,142 $108,440 $24,920 $83,520
2016 $2,803 $92,840 $27,600 $65,240
2015 $2,736 $88,160 $23,600 $64,560
2014 -- $83,840 $21,200 $62,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7335357

First Multiple Listing Service (FMLS)

APN: 7-234-432