NOT LISTED FOR SALE

5231 Tormeall Trace Suwanee, GA 30024

Estimated Value: $537,000 - $644,077

4 Beds
2.5 Baths
3,080 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 10, 2022

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

Est. 1% increase in value since last sale

Current estimated payment $4,043/month

5 Days on Market

Highlights

  • Clubhouse
  • Private Lot
  • Community Pool
  • Riverside Elementary School Rated A
  • High Ceiling
  • Tennis Courts

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 North Atlanta License #255748 Listed on: 04/27/2022

HOME North Atlanta

Last Buyer's Agent

Kelly Kim

Kelly Kim Real Estate License #350959

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Private Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 153 / A

Community Details

Overview

  • Association fees include swimming, tennis
  • Grandview Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • 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

Listing Details

  • Property Type: Residential
  • District: 7TH
  • Year Built: 2000
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .25
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: None
  • Interior Amenities: High Ceilings, Double Vanity, Pulldown Attic Stairs
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log
  • Flooring: Tile, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Lot Features: Private
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage Door Opener, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Annual Association Fee: 600
  • Association: Yes
  • Community Features: Clubhouse, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Swimming, Tennis

Schools

  • Elementary School: Riverside
  • High School: North Gwinnett
  • High School Bus: Yes
  • Middle School: North Gwinnett
  • Middle School Bus: Yes
  • Elementary School: Riverside
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Land Lot: 310
  • Lot: 153
  • Plat Book: 88
  • Plat Page: 60

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4540

MLS Schools

  • Elementary Bus Line: Yes

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 North Atlanta
Buyer's Agent
Kelly Kim
Kelly Kim Real Estate
List Price
$500,000
Sold Price
$600,000
Premium/Discount to List
$100,000
20%
Total Days on Market
5
Current Estimated Value
$605,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,269
Avg. Annual Appreciation
1.79%
Original Mortgage
$404,700
Outstanding Balance
$387,869
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$245,583

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

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Range of Values:

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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: Georgia MLS

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 $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 North Atlanta

    (404) 784-5287

    7 in this area

    244 Total Sales

    Allison Kloster
    Section Image
  • Kelly Kim

    Buyer's Agent in 2022

    Kelly Kim

    Kelly Kim Real Estate

    (678) 464-4929

    60 in this area

    264 Total Sales

    Kelly Kim
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10042107

Georgia MLS

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 $605,269, approximately $196 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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