NOT LISTED FOR SALE

5042 Cypress Point Dr Suwanee, GA 30024

Estimated Value: $513,000 - $551,000

4 Beds
2.5 Baths
2,072 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $401,000 $194 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,522/month

4 Days on Market

Highlights

  • Open-Concept Dining Room
  • Traditional Architecture
  • Stone Countertops
  • Riverside Elementary School Rated A
  • Wood Flooring
  • Private Yard

About This Home

As of September 2021

Well maintained 4 bdrm Cul-de-sac home in sought after North Gwinnett School. Spacious kitchen with Island and breakfast area - open to the family room. Fireplace in the family room. Separate dinning/living room. Hardwood on main floor. Large master suite with vaulted ceiling, master bath with double vanity, garden tub, and upgraded tiled shower and floor. Private wooded, fenced backyard.

Last Agent to Sell the Property

Kwan Bae

Agency NA, LLC. License #312612 Listed on: 08/03/2021

Last Buyer's Agent

Yun Pan

Virtual Properties Realty.Net, LLC. License #318977

Virtual Properties Realty.Net, LLC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Private Yard
  • Back Yard

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Cement Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Family Room
  • Living Room
  • Open-Concept Dining Room
  • L-Shaped Dining Room
  • Breakfast Room
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • Riverside - Gwinnett Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Utilities

  • Forced Air Heating and Cooling System
  • 110 Volts
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number R7288 490
  • Tax Block B

Community Details

Overview

  • Team Management Association, Phone Number (678) 393-2202
  • Secondary HOA Phone (678) 393-2202
  • Townsend Creek Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Other Equipment: TV Antenna
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • Interior Amenities: High Ceilings 10 ft Main
  • Kitchen Features: Breakfast Room, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room
  • Dining Room Features: Dining L, Open Concept
  • Square Footage: 2072.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Shingle
  • Fencing: Fenced
  • Patio And Porch Features: Patio, Rear Porch
  • Exterior Features: Private Yard
  • Foundation: Concrete Perimeter

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Driveway, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: Upper Floor
  • Utilities: Cable Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Pool, Tennis Court(s), Playground
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-393-2202
  • Management Company Email: cmmcgonegal@teammg.com
  • Management Phone: 678-393-2202
  • Subdivision Complex: TOWNSEND CREEK

Association/Amenities

  • Management Company: Team Management

Schools

  • Elementary School: Riverside - Gwinnett
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Acres: 0.1800
  • Lot Features: Back Yard, Cul-De-Sac, Level
  • Parcel Number: R7288 490
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 428446.00
  • Assessor Parcel Number: 7-288 -490
  • Close Date: 2021-09-15
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Riverside - Gwinnett
  • High School: North Gwinnett
  • Middle School: North Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 15, 2021
Sold by
Park Seong J
Bought by
Jiang Rui Bin and Chen Mei Yu
Seller's Agent
Kwan Bae
Agency NA, LLC.
Buyer's Agent
Yun Pan
Virtual Properties Realty.Net, LLC.
List Price
$394,900
Sold Price
$401,000
Premium/Discount to List
$6,100
1.54%
Current Estimated Value
$538,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,900
Avg. Annual Appreciation
8.04%
Original Mortgage
$240,600
Outstanding Balance
$221,300
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$317,600

Purchase Details

Listed on
Jun 5, 2014
Closed on
Aug 7, 2014
Sold by
Rudisill Jeffrey A
Bought by
Park Seong J
Seller's Agent
Rebecca Barrett
NOT A VALID MEMBER
Buyer's Agent
Soo Ja Jeong
Wealthpoint Realty, LLC.
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$202,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2012
Closed on
May 15, 2012
Sold by
Villani Ryan
Bought by
Rudisill Jeffrey A and Way Megan E
Seller's Agent
THE SAFFORD GROUP
NOT A VALID MEMBER
Buyer's Agent
Bobby Rhodes
JWC Real Estate, LLC.
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.94%
Original Mortgage
$145,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2009
Sold by
Bear Stearns Alt-A Trust
Bought by
Villani Ryan and Villani Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,866
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2009
Sold by
Dempsey Adaeze
Bought by
Bear Stearns Alt-A Trust

Purchase Details

Closed on
Nov 30, 2005
Sold by
Pulte Hm Corp
Bought by
Dempsey Adaeze

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,952
Interest Rate
7%
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
Jiang Rui Bin $401,000 --
Park Seong J $225,000 --
Rudisill Jeffrey A $150,000 --
Villani Ryan $173,000 --
Bear Stearns Alt-A Trust $196,807 --
Dempsey Adaeze $227,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Rui Bin $240,600
Previous Owner Park Seong J $183,000
Previous Owner Park Seong J $202,500
Previous Owner Rudisill Jeffrey A $145,500
Previous Owner Villani Ryan $169,866
Previous Owner Dempsey Adaeze $181,952
Previous Owner Dempsey Adaeze $34,116
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $401,000 +1.5% $194 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $394,900 +75.5% $191 / Sq Ft
08/07/2014 08/07/14 Sold $225,000 -4.2% $109 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $234,900 +56.6% $113 / Sq Ft
05/15/2012 05/15/12 Sold $150,000 -3.2% $72 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $155,000 -- $75 / 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 $5,889 $184,960 $37,200 $147,760
2022 $5,067 $158,000 $33,200 $124,800
2021 $4,258 $115,960 $22,200 $93,760
2020 $4,284 $115,960 $22,200 $93,760
2019 $4,342 $115,960 $22,200 $93,760
2018 $3,855 $101,920 $26,400 $75,520
2016 $3,528 $92,120 $26,400 $65,720
2015 $3,006 $76,240 $19,200 $57,040
2014 -- $76,240 $19,200 $57,040
Source: Public Records

Agents Affiliated with this Home

  • Kwan Bae

    Seller's Agent in 2021

    Kwan Bae

    Agency NA, LLC.

    (770) 800-1999

    7 in this area

    24 Total Sales

    Kwan Bae
    Section Image
  • Yun Pan

    Buyer's Agent in 2021

    Yun Pan

    Virtual Properties Realty

    (678) 296-3233

    9 in this area

    90 Total Sales

    Yun Pan
    Section Image

  • R

    Seller's Agent in 2014

    Rebecca Barrett

    NOT A VALID MEMBER

    Section Image

  • S

    Buyer's Agent in 2014

    Soo Ja Jeong

    Wealthpoint Realty, LLC.

    (404) 271-1776

    2 Total Sales

    Soo Ja Jeong
    Section Image

  • T

    Seller's Agent in 2012

    THE SAFFORD GROUP

    NOT A VALID MEMBER

  • John Lewis

    Seller Co-Listing Agent in 2012

    John Lewis

    Chapman Hall Realtors

    (770) 979-3228

    40 Total Sales

    John Lewis
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6922038

First Multiple Listing Service (FMLS)

APN: 7-288-490

Georgia Gwinnett County Suwanee 30024

5042 Cypress Point Dr, Suwanee, GA

This home is located at 5042 Cypress Point Dr, Suwanee, GA 30024 since 03 August 2021 and is currently estimated at $538,900, approximately $260 per square foot. This property was built in 2006. 5042 Cypress Point Dr is a home located in Gwinnett County with nearby schools including Riverside Elementary School, North Gwinnett Middle School, and North Gwinnett High School.

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