NOT LISTED FOR SALE

428 Lakestone Dr Suwanee, GA 30024

Estimated Value: $1,033,676 - $1,142,000

3 Beds
4.5 Baths
5,826 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $720,000 $124 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,870/month

9 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Fitness Center
  • Lake View
  • Settles Bridge Elementary School Rated A
  • Fishing
  • 0.84 Acre Lot

About This Home

As of October 2020

This one is a GEM. Get away from it all with lake living in the suburbs! Ranch on a full finished basement - 2 homes in one! Office on main level, flex room and great outdoor space! Basement just finished in 2017, stunning finishes! Thoughtfully designed to accommodate 2 additional master suites in the basement if needed. As is - has great open flex space. Full kitchen & 2 full baths in basement. Main level has stunning new European ceiling to floor windows to capture the lake views! Hardwoods throughout the main, split floor plan with private master suite. Custom closets throughout, pull out drawers - no detail missed. Screened porch, deck and the grounds are STUNNING. Owner is a master gardener and their love of this property is so evident. Meticulously maintained. Multiple seating areas on the lake, including a firepit area. Homes like this do not come up often in the neighborhood! Enjoy your canoe, paddle boat or kayak right outside your backdoor - or fish right from your yard. Absolutely perfect end of cul-de-sac location with over 250+ ft of water frontage to this property. Beautiful walking paths near the water with multiple seating to capture every view! Square footage breakdown: 2,913 on main, 2913 basement (2000sf of that is finished) Total square footage: 5,826.

Last Listed By

Susan Lombardo

Keller Williams North Atlanta License #364522 Listed on: 09/09/2020

Keller Williams North Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,685

Year Built

  • Built in 1998

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 166 x 252
  • 250 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Level Lot
  • Irrigation Equipment
  • Garden

HOA Fees

  • $106 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway Level

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 5,826 Sq Ft Home
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Workshop
  • Screened Porch
  • Home Gym
  • Wood Flooring
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

  • Settles Bridge Elementary School
  • Riverwatch Middle School
  • Lambert High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 380
  • Assessor Parcel Number 205 251

Community Details

Overview

  • $1,268 Initiation Fee
  • Integrity Association Mgmt Association, Phone Number (770) 886-7577
  • Secondary HOA Phone (770) 886-7577
  • Grand Cascades Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team
  • Fitness Center
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,685

Year Built

Built in 1998

Lot Details

0

HOA Fees

$106 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Electric Cooktop, Microwave, Range Hood
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Great Room - 1 Story, Living Room, Office, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5826.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 250
  • Construction Materials: Brick 3 Sides, Cement Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio, Screened
  • Exterior Features: Garden, Gas Grill
  • View: Lake

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Fishing, Fitness Center, Lake, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 1268
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-886-7577
  • Management Company Email: becca@integrityamg.com
  • Management Phone: 770-886-7577
  • Subdivision Complex: Grand Cascades

Association/Amenities

  • Management Company: Integrity Association Mgmt

Schools

  • Elementary School: Settles Bridge
  • Middle School: Riverwatch
  • High School: Lambert

Lot Info

  • Acres: 0.8400
  • Lot: 380
  • Land/Lot: 939
  • Section G M D: 1
  • Plat Book: 58
  • Plat Page: 155
  • Lot Features: Cul-De-Sac, Landscaped, Level
  • Lot Dimensions: 166 x 252
  • Parcel Number: 205 251
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1268

Tax Info

  • Taxes: 5685.00
  • Assessor Parcel Number: 205-000-251
  • Close Date: 2020-10-28
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Settles Bridge
  • High School: Lambert
  • Middle School: Riverwatch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Srinand Mandyam
Bought by
Sia Real Estate Llc
Total Days on Market
9
Current Estimated Value
$1,085,419

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 28, 2020
Sold by
Leutz Barbara B
Bought by
Mandyam Srinand and Rajagopal Madhu Shree
Seller's Agent
Susan Lombardo
Keller Williams North Atlanta
Buyer's Agent
Ivan Savant
Compass
List Price
$700,000
Sold Price
$720,000
Premium/Discount to List
$20,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$684,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2006
Sold by
Stevenson Howard R and Stevenson Pamela
Bought by
Leutz Brian D and Leutz Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,400
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2002
Sold by
O'Keefe John T and O'Keefe Constance J
Bought by
Stevenson Howard R and Stevenson Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1998
Sold by
John Wieland Homes
Bought by
Okeele John T and Okeele Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Sia Real Estate Llc -- None Listed On Document
Mandyam Srinand $720,000 --
Leutz Brian D $523,000 --
Stevenson Howard R $450,000 --
Okeele John T $371,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandyam Srinand $684,000
Previous Owner Leutz Barbara $95,000
Previous Owner Leutz Brian D $354,400
Previous Owner Leutz Brian D $418,400
Previous Owner Stevenson Howard R $165,500
Previous Owner Stevenson Howard R $360,000
Previous Owner Okeele John T $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $720,000 +2.9% $124 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $700,000 0.0% $120 / Sq Ft
04/14/2014 04/14/14 Rented $2,700 0.0% --
03/15/2014 03/15/14 Under Contract -- -- --
03/11/2014 03/11/14 For Rent $2,700 0.0% --
04/30/2013 04/30/13 Rented $2,700 0.0% --
03/31/2013 03/31/13 Under Contract -- -- --
02/27/2013 02/27/13 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
2024 $8,946 $372,824 $70,000 $302,824
2023 $8,814 $358,104 $60,000 $298,104
2022 $7,711 $286,204 $40,000 $246,204
2021 $7,903 $286,204 $40,000 $246,204
2020 $5,708 $226,824 $40,000 $186,824
2019 $5,685 $225,280 $40,000 $185,280
2018 $5,392 $210,136 $40,000 $170,136
2017 $5,169 $198,560 $40,000 $158,560
2016 $4,951 $188,240 $40,000 $148,240
2015 $4,960 $188,240 $40,000 $148,240
2014 $4,425 $173,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6773808

First Multiple Listing Service (FMLS)

APN: 205-251