$250,000
SOLD JUL 8, 2016

5055 Cypress Point Dr Unit 4 Suwanee, GA 30024

4 Beds
2.5 Baths
2,124 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

1 Day on Market

Highlights

  • Private Lot
  • Traditional Architecture
  • Community Pool
  • Riverside Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of July 2016

***Best schools in Gwinnett***Immaculate 4 Bedroom 2 1/2 Bath 2 story home is situated on Cul-De-Sac. Private backyard. The house features hardwood floors on main, level yard, large master suite w/ vaulted ceilings. Master bath w/ garden tub & sep. shower, double vanity in other full bathroom, formal dining room, and the kitchen has an island & breakfast area w/ cherry cabinets. Active swim/tennis community.

Last Agent to Sell the Property

Sunny Seo

Sunny Home Realty License #236638

Co-Listed By

Jiyon Marvulli

Sunny Home Realty License #339916

Last Buyer's Agent

Ed Townsend

Lyon Realty Associates, LLC. License #282054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 2006

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • 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

Outdoor Features

  • Patio

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

Listing and Financial Details

  • Legal Lot and Block 55 / B
  • Assessor Parcel Number R7288 493

Community Details

Overview

  • Team Managment 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

Est. Annual Taxes

$3,025

Year Built

Built in 2006

Lot Details

0

HOA Fees

$50 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: None
  • 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: Disposal, Gas Range, Gas Water Heater
  • Interior Amenities: High Ceilings 9 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2124.00

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

  • Roof Type: Composition
  • Patio And Porch Features: Patio

Garage/Parking

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

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-393-2202
  • Management Company Email: cmmcgonegal@teammgt.com
  • Management Phone: 678-393-2202
  • Subdivision Complex: Townsend Creek

Association/Amenities

  • Management Company: TEAM MANAGMENT

Schools

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

Lot Info

  • Acres: 0.1800
  • Lot: 55
  • Land/Lot: 288
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private
  • Lot Dimensions: .18
  • Parcel Number: R7288 493
  • Property Attached Yn: No

Tax Info

  • Taxes: 3025.00
  • Assessor Parcel Number: R7288-493
  • Close Date: 2016-07-08
  • Tax Year: 2015

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
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
Total Days on Market
1
Current Estimated Value
$538,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,924
Avg. Annual Appreciation
9.04%
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%

Map

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 $250,000 --
Warranty Deed $250,000 --
Warranty Deed $218,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 No Value Available
Closed $175,000 No Value Available
Previous Owner $158,202 Stand Alone Refi Refinance Of Original Loan
Previous Owner $70,000 Stand Alone Second
Previous Owner $174,500 No Value Available
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

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

Source: First Multiple Listing Service (FMLS)

MLS Number: 5701447

First Multiple Listing Service (FMLS)

APN: 7-288-493