NOT LISTED FOR SALE

4045 Summit Gate Dr Suwanee, GA 30024

Estimated Value: $644,000 - $701,000

5 Beds
4 Baths
2,720 Sq Ft
$248/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $540,000 $199 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,274/month

Highlights

  • Clubhouse
  • Deck
  • Traditional Architecture
  • Suwanee Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of December 2021

Nice home locate at North Gwinnet High School District, Amazing Floorplan, 5 Bedrooms & 4 Bathrooms with unfinished Basement, Open Kitchen to Family Room with Corian counter ,Tile Backsplash and Newer Hardwood Floor, Bedroom with Full Bath on Main, Large Master bedroom with Large Tiled Master Bath, Celling fans, Living Room & Separate Formal Dining Room has High Ceiling. Lots of Nature Lights in the house and Basement, Don't miss this house!!!It won't last long!!!

Last Agent to Sell the Property

Duo Wang

Virtual Properties Realty.com License #386799 Listed on: 11/04/2021

Virtual Properties Realty.com

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,387

Year Built

  • Built in 2002

Lot Details

  • 0.3 Acre Lot
  • Private Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Split Bedroom Floorplan

Basement

  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 34

Community Details

Overview

  • Property has a Home Owners Association
  • Morningview Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,387

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 7
  • Year Built: 2002
  • ArchitecturalStyle: Traditional
  • Financing Type: Conventional
  • GreenEnergyEfficient: Thermostat
  • Levels: Two
  • Lot Size Acres: 0.3
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Bath/Stubbed, Daylight, Exterior Entry
  • Interior Amenities: Two Story Foyer, Roommate Plan, Split Bedroom Plan
  • Full Bathrooms: 4
  • Fireplace Features: Family Room, Gas Starter
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Area, Kitchen Island, Pantry, Solid Surface Counters

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Other
  • Lot Features: Private
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot: 34

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5387

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 22, 2021
Sold by
Ma Kaiyi
Bought by
Ren Jian and Fu Feng Mei
Seller's Agent
Duo Wang
Virtual Properties Realty.com
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$674,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,605
Avg. Annual Appreciation
5.94%
Original Mortgage
$405,000
Outstanding Balance
$378,714
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$291,814

Purchase Details

Listed on
Apr 24, 2013
Closed on
May 24, 2013
Sold by
Han Sang Hee
Bought by
Ma Kaiyi
Seller's Agent
Mi Yi
Wealthpoint Realty, LLC.
Buyer's Agent
Daisy Luo
Total Realty USA, Inc.
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%

Purchase Details

Closed on
Mar 2, 2006
Sold by
Han Sang H
Bought by
Han Sang H and Jung Sun H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 6, 2003
Sold by
Waterford Homes Inc
Bought by
Deltoro Deltoro M and Deltoro Rachel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,719
Interest Rate
5.13%
Mortgage Type
New Conventional
Source: Public Records

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
Ren Jian $540,000 --
Ma Kaiyi $255,000 --
Han Sang H -- --
Han Sang H $320,000 --
Deltoro Deltoro M $265,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Jian $405,000
Previous Owner Han Sang H $60,000
Previous Owner Han Sang H $192,000
Previous Owner Deltoro Deltoro M $212,719
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $540,000 0.0% $199 / Sq Ft
11/04/2021 11/04/21 For Sale $540,000 0.0% $199 / Sq Ft
07/19/2013 07/19/13 Rented $1,950 0.0% --
07/19/2013 07/19/13 For Rent $1,950 0.0% --
05/24/2013 05/24/13 Sold $255,000 -5.2% $91 / Sq Ft
04/24/2013 04/24/13 For Sale $269,000 -- $96 / Sq Ft
Source: Georgia MLS

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
2024 $8,541 $248,360 $47,200 $201,160
2023 $8,541 $239,240 $47,200 $192,040
2022 $8,065 $215,960 $40,400 $175,560
2021 $5,387 $160,720 $29,720 $131,000
2020 $5,215 $151,000 $27,640 $123,360
2019 $5,048 $151,000 $27,640 $123,360
2018 $4,792 $138,720 $32,000 $106,720
2016 $4,112 $112,000 $21,200 $90,800
2015 $3,797 $102,000 $27,200 $74,800
2014 $3,817 $102,000 $27,200 $74,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9077712

Georgia MLS

APN: 7-215-154