$150,000
SOLD MAY 15, 2012

5042 Cypress Point Dr Suwanee, GA 30024

4 Beds
2.5 Baths
2,072 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

3% Below List Price

26 Days on Market

Highlights

  • Clubhouse
  • Private Lot
  • Cathedral Ceiling
  • Riverside Elementary School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of September 2021

WONDERFUL HOME IS IN IMMACULATE CONDITION - HARDWOOD FLOORS MOST OF MAIN LEVEL - LIVING RM, DINING RM & FIRESIDE FAMILY RM - SPACIOUS KITCHEN W/BREAKFAST AREA & WORK ISLAND - OPEN TO FAMILY RM - VAULTED MASTER SUITE - GARDEN TUB & SEP SHOWER - LEVEL FENCED BACK YARD - MUST SEE!! POTENTIAL SHORT SALE/ALL TERMS SUBJECT TO LENDER APPROVAL.

Last Agent to Sell the Property

THE SAFFORD GROUP

NOT A VALID MEMBER License #DUP Listed on: 01/20/2012

Co-Listed By

John Lewis

Chapman Hall Realtors License #268113

Last Buyer's Agent

Bobby Rhodes

JWC Real Estate, LLC. License #290492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,762

Year Built

  • Built in 2006

Lot Details

  • Fenced
  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 52 / B
  • Assessor Parcel Number 5042CypressPointDR

Community Details

Overview

  • Townsend Creek Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,762

Year Built

Built in 2006

Lot Details

0

HOA Fees

$42 per month

Parking

2

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: 12
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Laminate 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: Separate Dining Room
  • Square Footage: 2072.00
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: TOWNSEND CREEK

Schools

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

Lot Info

  • Lot: 52
  • Land/Lot: 288
  • Plat Book: 110
  • Plat Page: 116
  • Lot Features: Landscaped, Level, Private
  • Parcel Number: 5042CypressPointDR
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 2762.00
  • Assessor Parcel Number: R7288-490
  • Close Date: 2012-05-15
  • Tax Year: 2011

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 Type Sale Price Title Company
Warranty Deed $401,000 --
Warranty Deed $225,000 --
Warranty Deed $150,000 --
Deed $173,000 --
Foreclosure Deed $196,807 --
Deed $227,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,600 New Conventional
Previous Owner $183,000 New Conventional
Previous Owner $202,500 New Conventional
Previous Owner $145,500 New Conventional
Previous Owner $169,866 FHA
Previous Owner $181,952 New Conventional
Previous Owner $34,116 Stand Alone Second
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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4317680

First Multiple Listing Service (FMLS)

APN: 7-288-490