NOT LISTED FOR SALE

424 Lakestone Dr Suwanee, GA 30024

Estimated Value: $951,284 - $1,128,000

4 Beds
6 Baths
4,443 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $520,000 $117 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,414/month

43 Days on Market

Highlights

  • Wine Cellar
  • Community Lake
  • Recreation Room
  • Settles Bridge Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of August 2014

Beautiful home with million dollar view! Lake front w/ incredible views of lakes from almost all rooms . Home has been impeccably maintained & features open floor plan w/ dramatic 2-story stacked stone fireplace in family rm. Enjoy private views of lakes from sun room or screened porch. Beautiful master suite has sitting area & separate sitting room/office/nursery. Finished basement w/entertainment area w/ built-ins, fitness rm/bedroom/ full bath, humidity controlled wine cellar. Finished under deck patio overlooking lake. Spacious secondary bedrooms, marble entrance foyer, separate formal living rm & dining rm. Located in award winning S. Forsyth neighborhood w/ tree-lined streets, big lots & friendly neighbors; zoned to Lambert schools of excellence!

Last Listed By

CLAUDIA STIPE

Century 21 Results License #257694 Listed on: 05/28/2014

Century 21 Results

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,337

Year Built

  • 1998

Lot Details

  • 0.74

Home Design

  • Ceiling Insulation
  • Roof Vent Fans

Interior Spaces

  • Double Pane Windows
  • Wine Cellar
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Home Gym

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

  • Alarm System
  • Fire and Smoke Detector

Schools

  • Settles Bridge / Forsyth / Forsyth County Elementary School
  • Riverwatch / Forsyth / Forsyth County Middle School
  • Lambert / Forsyth / Forsyth County High School

Utilities

  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team
  • Tennis Club
  • Exercise Course
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$8,337

Year Built

1998

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1998

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter
  • Basement: Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Burglar Alarm, Smoke/Fire Alarm
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Built-In Microwave, Wall Oven
  • Interior Amenities: Bookcases, Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Double Vanity, 2 Story Foyer, Hardwood Floors, Pulldown Attic Stairs, Rear Stairs, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet, Whirlpool Bath
  • Laundry Location: Hall, Kitchen Area
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 1600
  • Total Finished Sq Ft: 4443
  • Unfinished Below Grade Sq Ft: 54
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Island, Pantry, Solid Surface Counters

Exterior Features

  • Construction: Brick 3 Sided
  • Exterior Features: Deck/Patio, Screen Porch, Sprinkler System
  • Roof Type: Composition
  • Waterfront Type: Private, Waterfront

Garage/Parking

  • Parking: 2 Car, Auto Garage Door, Garage, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central, Zoned/Dual
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Programmable Thermostat, Roof Vent Fans, Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 930
  • HOA Fee Frequency: Annual
  • Fees Include: Facilities Fee, Management Fee, Swimming, Tennis

Association/Amenities

  • Amenities: Clubhouse, Lake, Neighborhood Association, Physical Fit Facilities, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Courts, Tennis Team, Underground Utilities

Fee Information

  • Initiation Fee: 930.0

Schools

  • Elementary School: Settles Bridge / Forsyth / Forsyth County, GA
  • Elementary Bus Line: Yes
  • High School: Lambert / Forsyth / Forsyth County, GA
  • High School Bus: Yes
  • Middle School: Riverwatch / Forsyth / Forsyth County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Cul De Sac, Level Lot, Private Backyard
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Aug 4, 2014
Sold by
Lane Michael
Bought by
Lane Michael and Lane Yan
Seller's Agent
CLAUDIA STIPE
Century 21 Results
Buyer's Agent
NANCY HAMBY
Harry Norman Realtors
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Total Days on Market
43
Current Estimated Value
$1,031,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,571
Avg. Annual Appreciation
6.37%
Original Mortgage
$416,000
Outstanding Balance
$324,163
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$688,189

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
Lane Michael -- --
Lane Michael $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Michael $416,000
Closed Lane Michael $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $520,000 -1.0% $117 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $525,000 -- $118 / 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 $8,337 $339,964 $70,000 $269,964
2023 $7,795 $316,676 $60,000 $256,676
2022 $6,797 $213,320 $40,000 $173,320
2021 $5,891 $213,320 $40,000 $173,320
2020 $5,681 $205,740 $40,000 $165,740
2019 $5,650 $204,320 $40,000 $164,320
2018 $5,718 $206,780 $40,000 $166,780
2017 $5,707 $205,636 $40,000 $165,636
2016 $5,407 $194,836 $40,000 $154,836
2015 $5,417 $194,836 $40,000 $154,836
2014 $955 $170,616 $40,000 $130,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07276912

Georgia MLS

APN: 205-249