NOT LISTED FOR SALE

5042 Cypress Point Dr Suwanee, GA 30024

Estimated Value: $522,000 - $553,000

4 Beds
3 Baths
2,072 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 15, 2021

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

Est. 33% increase in value since last sale

Current estimated payment $3,374/month

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.

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
$533,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,510
Avg. Annual Appreciation
7.45%
Original Mortgage
$240,600
Outstanding Balance
$219,405
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$316,213

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
Not Available
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 $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

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 $5,889 $196,240 $37,200 $159,040
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

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