NOT LISTED FOR SALE

5055 Cypress Point Dr Unit 4 Suwanee, GA 30024

Estimated Value: $519,000 - $569,000

4 Beds
2.5 Baths
2,124 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $250,000 $118 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,540/month

Highlights

  • Contemporary Architecture
  • Private Lot
  • Great Room
  • Riverside Elementary School Rated A
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of August 2016

Beautiful 4 Bedroom 2 1/2 Bath 2 story home ion Cul De Sac lot.
Private backyard. Hardwood floors on main, level yard, large master suite w/ vaulted ceilings. Master bath
w/ garden tub & sep. shower, double vanity in second full bathroom, formal dining room, Kitchen has island and
breakfast area w/ cherry cabinets. Active swim/tennis community.

Last Agent to Rent the Property

Ed Townsend

Lyon Realty Associates, LLC. License #282054 Listed on: 07/30/2016

Last Renter's Agent

Ed Townsend

Lyon Realty Associates, LLC. License #282054 Listed on: 07/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,243

Year Built

  • Built in 2006

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Private Lot

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $1,700
  • Assessor Parcel Number R7288 493

Community Details

Overview

  • Property has a Home Owners Association
  • Townsend Creek Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,243

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Electricity, Gas, Grounds Care, Pest Control, Water
  • Credit Report Required: Yes
  • Deposit: 1700
  • Pets Allowed: Call

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Year Built: 2006
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Lower, High Speed Internet, Tray Ceiling(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Separate Dining Room

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

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

Utilities

  • Security: Fire Alarm, Smoke Detector(s)
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Management: Professionally Managed
  • Subdivision Complex: Townsend Creek

Schools

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

Lot Info

  • Acres: 0.3300
  • Lot Features: Cul-De-Sac, Private
  • Parcel Number: R7288 493
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: R7288-493
  • Close Date: 2016-08-01

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2016
Closed on
Jul 8, 2016
Sold by
Hong D
Bought by
Chu Hong D and Chu Xin-Jie
Seller's Agent
Ed Townsend
Lyon Realty Associates, LLC.
Buyer's Agent
Ed Townsend
Lyon Realty Associates, LLC.
Sold Price
$1,700
Current Estimated Value
$546,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,135
Avg. Annual Appreciation
8.88%
Original Mortgage
$175,000
Outstanding Balance
$84,487
Interest Rate
3.6%
Estimated Equity
$454,137

Purchase Details

Closed on
Nov 29, 2005
Sold by
Pulte Hm Corp
Bought by
Kang Sok K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
5.37%
Source: Public Records

Range of Values:

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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
Chu Hong D $250,000 --
Chu Hong D $250,000 --
Kang Sok K $218,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Hong D $175,000
Closed Chu Hong D $175,000
Previous Owner Kang Sok Ki $158,202
Previous Owner Kang Sok K $70,000
Previous Owner Kang Sok K $174,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Rented $1,700 0.0% --
07/30/2016 07/30/16 For Rent $1,700 0.0% --
07/12/2016 07/12/16 Rented $1,700 0.0% --
07/08/2016 07/08/16 Sold $250,000 0.0% $118 / Sq Ft
07/07/2016 07/07/16 For Rent $1,700 0.0% --
06/06/2016 06/06/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $249,900 -- $118 / 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 $6,243 $185,160 $37,200 $147,960
2022 $5,904 $158,160 $33,200 $124,960
2021 $4,480 $116,120 $22,200 $93,920
2020 $4,506 $116,120 $22,200 $93,920
2019 $4,340 $116,120 $22,200 $93,920
2018 $3,781 $100,000 $26,400 $73,600
2016 $3,550 $92,960 $26,400 $66,560
2015 $3,025 $76,960 $19,200 $57,760
2014 -- $76,960 $19,200 $57,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5727829

First Multiple Listing Service (FMLS)

APN: 7-288-493