NOT LISTED FOR SALE

502 Watermill Way Unit 6 Suwanee, GA 30024

Estimated Value: $841,000 - $895,000

4 Beds
4.5 Baths
5,053 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 10, 2025

Last sale price $859,900 $170 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,724/month

2 Days on Market

Highlights

  • Fitness Center
  • Fishing
  • View of Trees or Woods
  • Settles Bridge Elementary School Rated A
  • Separate his and hers bathrooms
  • Community Lake

About This Home

As of February 2025

Fantastic 4 SIDE BRICK RANCH ON UNFINISHED BASEMENT + SECOND FLOOR FULL BED & BATH SUITE in highly desirable Grand Cascades! 3 CAR GARAGE ( the main floor has a traditional 2 car side entry garage & the basement has a rear attached garage (perfect for a small boat as well)! GORGEOUS CURB APPEAL on a large lot set back from the road on a picturesque cul-de-sac street. VIEWS OF THE LAKE from the front yard. Main floor has a generous family room with a cozy DOUBLE SIDED FIREPLACE, open concept dining area and a walk out deck. Wall of windows overlook the private wooded yard. The kitchen has been remodeled and has pull out drawers, all new paint and brand new floors throughout (hardwoods just refinished & all carpet in the bedrooms replaced). And a BONUS BEDROOM & FULL BATH SUITE UPSTAIRS! It's one of the most versatile ranch floor plans! HUGE POTENTIAL in the expansive basement for anything you desire! It has a full finished bathroom, expansive storage, a workshop and still plenty of room to create a bedroom suite (flex space is partially finished with a cedar closet), kitchen and secondary family room. HVAC about 6yr, Exterior trim just painted 1 year ago! The basement is a mirror floor plan with so much space to be finished and still have plenty of storage. Unlimited potential. Finish the basement and you have 2 homes in one with easy step less living on both levels. Ask about our preferred lender!

Last Agent to Sell the Property

Susan Lombardo

Keller Williams North Atlanta Listed on: 01/24/2025

Keller Williams North Atlanta

Last Buyer's Agent

Susan Lombardo

Keller Williams North Atlanta Listed on: 01/24/2025

Keller Williams North Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $762

Year Built

  • Built in 1995

Lot Details

  • 0.7 Acre Lot
  • Cul-De-Sac
  • Private Entrance
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • 1.5-Story Property
  • Shingle Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Double Sided Fireplace
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Workshop
  • Keeping Room with Fireplace
  • Views of Woods

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Sink Near Laundry
  • 220 Volts In Laundry

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Boat door in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Rear Porch

Location

  • Property is near schools

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 278
  • Assessor Parcel Number 205 053

Community Details

Overview

  • Integrity Association Mgmt Association, Phone Number (770) 886-7577
  • Grand Cascades Subdivision
  • Rental Restrictions
  • 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

$762

Year Built

Built in 1995

Lot Details

0

HOA Fees

$104 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1995
  • Levels Stories: One and One Half
  • Above Grade Finished Sq Ft: 2535.00
  • Below Grade Sq Ft: 2468.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Double Sided, Factory Built, Family Room, Gas Log, Gas Starter, Keeping Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Oven, Range Hood, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Boat Door, Daylight, Exterior Entry, Finished Bath, Partial, Unfinished
  • Kitchen Features: Cabinets White, Keeping Room, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Basement, Bathroom, Workshop
  • Dining Room Features: Great Room, Separate Dining Room
  • Square Footage: 5053.00
  • Spa Features: None
  • Window Features: Double Pane Windows
  • Below Grade Finished Sq Ft: 50.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Deck, Patio, Rear Porch
  • Exterior Features: Private Entry, Private Yard, Storage
  • View: Trees/Woods
  • Pool Private: No
  • Foundation: Concrete Perimeter

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Faces Rear, Garage Faces Side, Kitchen Level, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Forced Air
  • Laundry Features: Main Level, Sink
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities
  • Electric: 110 Volts, 220 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fishing, Fitness Center, Homeowners Assoc, Lake, Near Schools, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 1250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-886-7577
  • Management Company Email: Bailee@integrityamg.com
  • Management Phone: 770-886-7577
  • Subdivision Complex: Grand Cascades

Association/Amenities

  • Management Company: Integrity Association Mgmt

Lot Info

  • Acres: 0.7000
  • Lot: 278
  • Section G M D: 1
  • Plat Book: 42
  • Plat Page: 299
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level, Wooded
  • Lot Dimensions: x
  • Parcel Number: 205 053
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 762.00
  • Tax Year: 2023

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

Listed on
Jan 24, 2025
Closed on
Feb 10, 2025
Sold by
Marx Robert Charles and Arrington Susan Louise
Bought by
Michael J Mclaughlin Revocable Trust and Mclaughlin
Seller's Agent
Susan Lombardo
Keller Williams North Atlanta
Buyer's Agent
Susan Lombardo
Keller Williams North Atlanta
List Price
$839,900
Sold Price
$859,900
Premium/Discount to List
$20,000
2.38%
Views
108
Current Estimated Value
$865,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,154
Avg. Annual Appreciation
0.73%

Purchase Details

Closed on
Oct 30, 1995
Sold by
Macauley Prop
Bought by
Marx Frederick Joyce
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michael J Mclaughlin Revocable Trust $859,900 None Listed On Document
Michael J Mclaughlin Revocable Trust $859,900 None Listed On Document
Marx Frederick Joyce $240,300 --
Marx Frederick Joyce $240,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Marx Frederick Joyce $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $859,900 +2.4% $170 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $839,900 -- $166 / 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
2025 $833 $341,652 $72,000 $269,652
2024 $833 $285,056 $70,000 $215,056
2023 $762 $274,512 $60,000 $214,512
2022 $838 $186,476 $40,000 $146,476
2021 $805 $186,476 $40,000 $146,476
2020 $798 $178,564 $40,000 $138,564
2019 $804 $177,532 $40,000 $137,532
2018 $806 $156,100 $40,000 $116,100
2017 $820 $155,088 $30,000 $125,088
2016 $809 $147,048 $30,000 $117,048
2015 $809 $147,048 $30,000 $117,048
2014 $735 $137,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7501957

First Multiple Listing Service (FMLS)

APN: 205-053