NOT LISTED FOR SALE

505 Gate Arbor Ct Suwanee, GA 30024

Estimated Value: $595,986 - $694,000

5 Beds
3 Baths
2,649 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $344,000 $130 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,063/month

Highlights

  • Dining Room Seats More Than Twelve
  • Clubhouse
  • Private Lot
  • Shakerag Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of September 2018

Huge price reduction! New kitchen and floors. Spacious and bright home in Johns Creek in the TOP RANKED NORTHVIEW High School District. House features open floor plan with hardwood floors, formal living/dining, kitchen w/ island & breakfast area, 5th bedroom or office w/ full bath on main level, large master suite w/ trey ceiling, large walk-in closet which opens to additional space that can be finished. Private fenced yard w/ huge deck, new int/ext paint, move-in ready.

Last Agent to Sell the Property

Jay Yin

Homecraft Realty, Inc. License #362582 Listed on: 04/03/2018

Last Buyer's Agent

Lynn Podsiadlo

HomeSmart License #382541

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1998

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 141 x 71 x 155 x 99
  • Wood Fence
  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,649 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the lower level
  • Whole House Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

  • Shakerag Elementary School
  • River Trail Middle School
  • Northview High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows

Listing and Financial Details

  • Legal Lot and Block 3 / A
  • Assessor Parcel Number 11 132005110737

Community Details

Overview

  • Community Management Assoc Association, Phone Number (404) 835-9100
  • Secondary HOA Phone (404) 835-9139
  • Riverwalk Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,149

Year Built

Built in 1998

Lot Details

0

HOA Fees

$51 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: 1998
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 2649.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Fencing: Fenced, Wood
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Gas Grill

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Attic Fan, Central Air, Whole House Fan
  • Heating: Forced Air
  • Laundry Features: Upper Floor

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 615
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9100
  • Management Company Email: lrichardson@cmacommunities.com
  • Management Phone: 404-835-9139
  • Subdivision Complex: Riverwalk

Association/Amenities

  • Management Company: Community Management Assoc

Schools

  • Elementary School: Shakerag
  • Middle School: River Trail
  • High School: Northview

Lot Info

  • Acres: 0.3033
  • Lot: 3
  • Lot Features: Landscaped, Level, Private
  • Lot Dimensions: 141 X 71 X 155 X 99
  • Parcel Number: 11 132005110737
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 3149.00
  • Assessor Parcel Number: 11-1320-0511-073-7
  • Close Date: 2018-09-18
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Shakerag
  • High School: Northview
  • Middle School: River Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Sep 18, 2018
Sold by
Garcia Jorge Tomas
Bought by
Garcia Jorge Tomas and Castro Luz Milagros
Seller's Agent
Jay Yin
Homecraft Realty, Inc.
Buyer's Agent
Lynn Podsiadlo
HomeSmart
List Price
$369,900
Sold Price
$344,000
Premium/Discount to List
-$25,900
-7%
Current Estimated Value
$656,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,247
Avg. Annual Appreciation
9.57%
Original Mortgage
$275,200
Outstanding Balance
$239,496
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$416,751

Purchase Details

Listed on
May 23, 2017
Closed on
Jun 30, 2017
Sold by
Weisman Andrew
Bought by
Hongwei Xu
Seller's Agent
Bruce David
NOT A VALID MEMBER
Buyer's Agent
Ivan Machiz
NOT A VALID MEMBER
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.24%

Purchase Details

Closed on
Mar 21, 2008
Sold by
Mctague John
Bought by
Weisman Andrew and Deesaeng-Weisman Rukchanok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,920
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Bouzio Ahmed and Bouzio Nejiba
Bought by
Mctague John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2002
Sold by
Bouzid Ahmed
Bought by
Bouzid Ahmed and Bouzid Nejiba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2000
Sold by
Grella Joseph M and Grella Joanne A
Bought by
Bouzid Ahmed and Bouzid Nejiba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,537
Interest Rate
7.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1998
Sold by
Peachtree Resid Prop Inc
Bought by
Grella J M J and Grella Joanne A
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
Garcia Jorge Tomas -- --
Garcia Jorge Thomas $344,000 --
Hongwei Xu $345,000 --
Weisman Andrew $259,900 --
Mctague John $235,000 --
Bouzid Ahmed -- --
Bouzid Ahmed -- --
Bouzid Ahmed $214,300 --
Grella J M J $193,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jorge Thomas $275,200
Closed Garcia Jorge Tomas $275,200
Previous Owner Weisman Andrew $207,920
Previous Owner Mctague John $188,000
Previous Owner Bouzid Ahmed $184,000
Previous Owner Bouzid Ahmed $203,537
Closed Grella J M J $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2018 09/18/18 Sold $344,000 -1.4% $130 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
07/25/2018 07/25/18 Price Changed $349,000 -2.8% $132 / Sq Ft
07/11/2018 07/11/18 Price Changed $359,000 -2.7% $136 / Sq Ft
06/27/2018 06/27/18 Price Changed $369,000 -0.2% $139 / Sq Ft
04/03/2018 04/03/18 For Sale $369,900 +7.2% $140 / Sq Ft
06/30/2017 06/30/17 Sold $345,000 -1.4% $130 / Sq Ft View Prior Sale
05/28/2017 05/28/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $349,900 -- $132 / 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 $6,378 $238,400 $62,320 $176,080
2023 $5,997 $212,480 $51,000 $161,480
2022 $5,323 $173,480 $35,040 $138,440
2021 $4,280 $135,840 $26,480 $109,360
2020 $4,142 $128,680 $24,000 $104,680
2019 $532 $134,880 $27,000 $107,880
2018 $3,993 $122,600 $25,920 $96,680
2017 $3,203 $106,280 $20,280 $86,000
2016 $3,149 $106,280 $20,280 $86,000
2015 $3,183 $106,280 $20,280 $86,000
2014 $3,288 $106,280 $20,280 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5987989

First Multiple Listing Service (FMLS)

APN: 11-1320-0511-073-7