NOT LISTED FOR SALE

5231 Tormeall Trace Suwanee, GA 30024

Estimated Value: $608,000 - $661,000

4 Beds
2.5 Baths
3,080 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $600,000 $195 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,043/month

Highlights

  • Clubhouse
  • Traditional Architecture
  • Stone Countertops
  • Riverside Elementary School Rated A
  • Great Room with Fireplace
  • Community Pool

About This Home

As of June 2022

Beautiful brick front home in Grandview Swim/Tennis community. Walk to amenities. Two story foyer leads to great room with fireplace, kitchen with granite and and stainless steel appliances, great kitchen island, white cabinets and pantry. Living room plus office or library space, separate dining room all with smooth 9' ceilings. Master is up with fully renovated master bath w/ frameless shower, soaking tub and granite countertops. Large secondary bedrooms and secondary bath with dual vanity sinks. Most sought after floor plan in neighborhood. Open concept and vaulted great room - fabulous place to host large gatherings. Full fenced back yard with patio and play space. Nearly new roof, recently new A/C systems. Great swim/tennis community close to Lake Lanier, Sugar Hill, Suwanee and Cumming. Great Schools.

Last Agent to Sell the Property

Allison Kloster

HOME Real Estate, LLC License #255748 Listed on: 04/27/2022

HOME Real Estate, LLC

Co-Listed By

Peter Kloster

HOME Real Estate, LLC License #266621

Last Buyer's Agent

DAVID HUANG

Compass License #342542

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • Private Entrance
  • Back Yard Fenced

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Brick Front

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Double Pane Windows
  • Private Rear Entry
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Sink Near Laundry

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 153 / A
  • Assessor Parcel Number R7310 157

Community Details

Overview

  • Cma Association
  • Secondary HOA Phone (800) 522-6314
  • Grandview Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,540

Year Built

Built in 2000

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: L153 BA GRANDVIEW #1 PH 1B
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Fireplace Features: Gas Log, Glass Doors, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3080.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, Fiber Cement
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Patio
  • Exterior Features: Private Front Entry, Private Rear Entry
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Sink, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Management Company Email: aquinn@cmacommunities.com
  • Management Phone: 800-522-6314
  • Subdivision Complex: Grandview

Association/Amenities

  • Management Company: CMA

Schools

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

Lot Info

  • Acres: 0.2500
  • Lot: 153
  • Land/Lot: 310
  • Plat Book: 88
  • Plat Page: 60
  • Lot Features: Back Yard
  • Lot Dimensions: x 74
  • Parcel Number: R7310 157
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4540.00
  • Assessor Parcel Number: R7310-157
  • Close Date: 2022-06-10
  • Tax Year: 2021

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
Apr 27, 2022
Closed on
Jun 10, 2022
Sold by
Foster Aaron R
Bought by
Chu Yen Pong and Chen Yen Chu
Seller's Agent
Allison Kloster
HOME Real Estate, LLC
Buyer's Agent
DAVID HUANG
Compass
List Price
$500,000
Sold Price
$600,000
Premium/Discount to List
$100,000
20%
Current Estimated Value
$636,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,034
Avg. Annual Appreciation
1.42%
Original Mortgage
$404,700
Outstanding Balance
$385,717
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$242,687

Purchase Details

Closed on
Aug 6, 2008
Sold by
Proell Steven J and Proell Tracy B
Bought by
Foster Aaron R and Foster Allyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Olmoguez Christine M
Bought by
Proell Steven J and Proell Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.77%
Mortgage Type
New Conventional
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 Yen Pong $600,000 --
Foster Aaron R $257,500 --
Proell Steven J $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Yen Pong $404,700
Previous Owner Foster Aaron R $288,500
Previous Owner Foster Aaron R $243,750
Previous Owner Foster Aaron Richard $197,300
Previous Owner Foster Aaron R $206,000
Previous Owner Proell Steven J $168,000
Previous Owner Boyd Christine M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $600,000 +20.0% $195 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $500,000 -- $162 / 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
2024 $7,613 $234,880 $40,400 $194,480
2023 $7,613 $234,880 $40,400 $194,480
2022 $5,187 $176,400 $38,400 $138,000
2021 $4,540 $141,480 $27,600 $113,880
2020 $4,573 $141,480 $27,600 $113,880
2019 $4,447 $141,480 $27,600 $113,880
2018 $4,314 $134,920 $26,000 $108,920
2016 $3,776 $109,200 $26,800 $82,400
2015 $3,578 $98,440 $24,400 $74,040
2014 $3,437 $92,960 $21,200 $71,760
Source: Public Records

Agents Affiliated with this Home

  • Allison Kloster

    Seller's Agent in 2022

    Allison Kloster

    HOME Real Estate, LLC

    (404) 784-5287

    7 in this area

    234 Total Sales

    Allison Kloster
    Section Image

  • P

    Seller Co-Listing Agent in 2022

    Peter Kloster

    HOME Real Estate, LLC

    3 in this area

    78 Total Sales

    Peter Kloster
    Section Image

  • D

    Buyer's Agent in 2022

    DAVID HUANG

    Compass

    8 in this area

    51 Total Sales

    DAVID HUANG
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7037993

First Multiple Listing Service (FMLS)

APN: 7-310-157

Georgia Gwinnett County Suwanee 30024

5231 Tormeall Trace, Suwanee, GA

This home is located at 5231 Tormeall Trace, Suwanee, GA 30024 since 27 April 2022 and is currently estimated at $636,034, approximately $206 per square foot. This property was built in 2000. 5231 Tormeall Trace is a home located in Gwinnett County with nearby schools including Riverside Elementary School, North Gwinnett Middle School, and North Gwinnett High School.

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