NOT LISTED FOR SALE

5261 Tormeall Trace Suwanee, GA 30024

Estimated Value: $575,000 - $621,000

4 Beds
2.5 Baths
3,065 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $420,000 $137 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,892/month

10 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Soaking Tub
  • Riverside Elementary School Rated A
  • Tray Ceiling
  • Double Vanity

About This Home

As of September 2021

You do not want to miss this 4 bedroom, 2.5 bathroom home in Suwanee! A grand entrance greets you upon entry with sleek flooring and detailed moldings adorning the interiors of this home. An expansive wall of windows glistens the living space featuring a fireplace and effortlessly flows into the eat-in kitchen with an island. The primary bedroom has an ensuite with dual vanities and a soaking tub. Find your oasis on the back patio overlooking the private backyard.

Last Agent to Sell the Property

Michele White

Redcoat Real Estate, LLC License #270604 Listed on: 08/09/2021

Last Buyer's Agent

Raahul Singh

Virtual Properties Realty.com License #396065

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,399

Year Built

  • Built in 2000

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Sloped Lot

Parking

  • Garage

Home Design

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

Interior Spaces

  • 3,065 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Carpet
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Grandview Subdivision

Listing and Financial Details

  • Tax Lot 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,399

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .27
  • Property Sub-Type: Single Family Residence
  • Total Finished Area2: 3065
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Other
  • Bedrooms: 4
  • Basement: None
  • Total Finished Sq Ft: 3065
  • Above Grade Finished Sq Ft: 3065
  • Interior Amenities: Tray Ceiling(s), Double Vanity, Two Story Foyer, Soaking Tub, Other, Separate Shower
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room
  • Flooring: Carpet
  • Kitchen Features: Kitchen Island
  • Price Per Square Foot: 136.345

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Other
  • ExteriorFeatures: Other
  • Fencing: Fenced
  • Foundation Details: Slab
  • Lot Features: Sloped
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Gas, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central, Forced Air
  • Laundry Features: Other
  • Utilities: Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Lot: 15

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 10, 2021
Sold by
Sph Property Three Llc
Bought by
Boinepally Siddhartha and Nellutla Indu
Seller's Agent
Michele White
Redcoat Real Estate, LLC
Buyer's Agent
Raahul Singh
Virtual Properties Realty.com
List Price
$417,900
Sold Price
$420,000
Premium/Discount to List
$2,100
0.5%
Current Estimated Value
$604,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,460
Avg. Annual Appreciation
9.02%
Original Mortgage
$407,400
Outstanding Balance
$371,511
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$223,899

Purchase Details

Closed on
Mar 18, 2021
Sold by
Barzyk Donald J
Bought by
Sph Property Three Llc

Purchase Details

Closed on
Dec 27, 2002
Sold by
Kowalewicz John A and Kowalewicz Tammie M
Bought by
Barzyk Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2000
Sold by
Pulte Home Corp
Bought by
Kowalewicz John A and Kowalewicz Tammie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,700
Interest Rate
8%
Mortgage Type
New Conventional
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
Boinepally Siddhartha $420,000 --
Sph Property Three Llc $385,500 --
Barzyk Donald J $224,000 --
Kowalewicz John A $210,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boinepally Siddhartha $407,400
Closed Boinepally Siddhartha $407,400
Previous Owner Barzyk Donald J $132,000
Previous Owner Barzyk Donald J $179,000
Previous Owner Kowalewicz John A $175,000
Previous Owner Kowalewicz John A $168,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $420,000 +0.5% $137 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $417,900 -- $136 / 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
2024 $8,385 $226,080 $40,400 $185,680
2023 $8,385 $226,080 $40,400 $185,680
2022 $6,302 $168,000 $38,400 $129,600
2021 $4,366 $142,560 $27,600 $114,960
2020 $4,399 $142,560 $27,600 $114,960
2019 $4,291 $142,560 $27,600 $114,960
2018 $4,154 $135,800 $26,000 $109,800
2016 $3,613 $109,840 $26,800 $83,040
2015 $3,408 $99,040 $24,400 $74,640
2014 -- $93,520 $21,200 $72,320
Source: Public Records

Agents Affiliated with this Home

  • Michele White

    Seller's Agent in 2021

    Michele White

    Redcoat Real Estate, LLC

    (678) 551-2888

    15 in this area

    1,034 Total Sales

    Michele White
    Section Image

  • R

    Buyer's Agent in 2021

    Raahul Singh

    Virtual Properties Realty.com

    1 in this area

    9 Total Sales

    Raahul Singh
    Section Image
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Map

Source: Georgia MLS

MLS Number: 9030356

Georgia MLS

APN: 7-310-154

Georgia Gwinnett County Suwanee 30024

5261 Tormeall Trace, Suwanee, GA

This home is located at 5261 Tormeall Trace, Suwanee, GA 30024 since 09 August 2021 and is currently estimated at $604,460, approximately $197 per square foot. This property was built in 2000. 5261 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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