$1,240,000
SOLD FEB 25, 2016

4388 Lochsa Ln Suwanee, GA 30024

5 Beds
5.5 Baths
4,502 Sq Ft
0.89 Acres

Recently Sold

$275 Per Sq Ft

20% Below List Price

221 Days on Market

Highlights

  • Golf Course Community
  • Country Club
  • Newly Remodeled
  • Level Creek Elementary School Rated A
  • Home Theater
  • Gated Community

About This Home

As of February 2016

Gorgeous Traditional with tranquil setting located at The River Club, built by Custom Classics. This 5 bedroom/5.5 bath features the owner retreat on main and a second bedroom on main with separate entry from garage & front porch. A gourmet kitchen overlooks the fabulous vaulted family room. Exterior covered porch with fireplace overlooks a beautiful back yard with mature trees. Upstairs features three bedrooms with private baths and a fabulous media/office area. The unfinished terrace level can be finished by the builder to meet your custom needs.

Last Agent to Sell the Property

Anne Stone

NOT A VALID MEMBER License #159761 Listed on: 06/03/2015

NOT A VALID MEMBER

Co-Listed By

Kathy Rice

Atlanta Fine Homes Sotheby's International License #168186

Last Buyer's Agent

Dena Sapp

NOT A VALID MEMBER License #176134

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Property fronts a private road
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Wooded Lot
  • Garden

HOA Fees

  • $254 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,502 Sq Ft Home
  • 2-Story Property
  • Rear Stairs
  • Beamed Ceilings
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom

Home Security

  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Level Creek Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number R7278 192

Community Details

Overview

  • $375 Swim or Tennis Fee
  • $20,000 Initiation Fee
  • The River Club Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Country Club
  • Tennis Courts
  • Swim or tennis dues are required
  • Community Pool
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,277

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$254 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: New Construction
  • Year Built: 2015
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Double Vanity, High Ceilings 9 ft Lower, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Room, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Great Room - 1 Story, Media Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4502.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Garden, Rear Stairs

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Security Service, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Laundry Room
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Country Club, Gated, Golf Course, Homeowners Assoc, Park, Pool, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 3050
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee: 375
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: The River Club

Schools

  • Elementary School: Level Creek
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Lot: 16
  • Lot Features: Landscaped, Level, Private, Wooded
  • Parcel Number: R7278 192
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Rental Info

  • Initiation Fee: 20000

Tax Info

  • Taxes: 3277.00
  • Assessor Parcel Number: R7278-192
  • Close Date: 2016-02-25
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Level Creek
  • High School: North Gwinnett
  • Middle School: North Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2015
Closed on
Feb 25, 2016
Sold by
Weekley Homes Llc
Bought by
Sapp Austin Aldean
Seller's Agent
Anne Stone
NOT A VALID MEMBER
Buyer's Agent
Dena Sapp
NOT A VALID MEMBER
List Price
$1,550,000
Sold Price
$1,240,000
Premium/Discount to List
-$310,000
-20%
Current Estimated Value
$2,391,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,151,371
Avg. Annual Appreciation
7.33%
Original Mortgage
$1,012,500
Outstanding Balance
$815,843
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$1,598,535

Purchase Details

Listed on
Jul 29, 2013
Closed on
Apr 7, 2014
Sold by
Pappas Nick
Bought by
Weekley Homes Llc
Seller's Agent
Kathy Rice
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Kathy Rice
Atlanta Fine Homes Sotheby's International
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
141.10%

Purchase Details

Closed on
May 27, 2009
Sold by
Bank Of North Ga
Bought by
Storey Residential Props Inc

Purchase Details

Closed on
Sep 11, 2008
Sold by
Storey Residential Props Inc
Bought by
Pappas Nick and Pappas Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,994
Interest Rate
5.78%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,240,000 --
Warranty Deed $235,000 --
Deed -- --
Deed $161,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,012,500 VA
Previous Owner $40,000,000 New Conventional
Previous Owner $0 No Value Available
Previous Owner $167,994 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $1,240,000 -13.0% $275 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
10/30/2015 10/30/15 Price Changed $1,424,500 -5.0% $316 / Sq Ft
07/20/2015 07/20/15 Price Changed $1,499,500 -3.3% $333 / Sq Ft
06/03/2015 06/03/15 For Sale $1,550,000 +559.6% $344 / Sq Ft
04/07/2014 04/07/14 Sold $235,000 +4.4% $52 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
07/29/2013 07/29/13 For Sale $225,000 -- $50 / 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 $22,747 $737,520 $164,000 $573,520
2022 $19,675 $642,880 $150,480 $492,400
2021 $17,646 $527,600 $150,480 $377,120
2020 $17,830 $527,600 $150,480 $377,120
2019 $17,251 $584,120 $150,480 $433,640
2018 $16,341 $482,680 $110,800 $371,880
2016 $15,210 $425,000 $129,200 $295,800
2015 $3,335 $94,000 $94,000 $0
2014 $3,277 $91,800 $91,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5548338

First Multiple Listing Service (FMLS)

APN: 7-278-192