NOT LISTED FOR SALE

5342 Tormeall Trace Suwanee, GA 30024

Estimated Value: $524,000 - $736,000

5 Beds
4 Baths
3,080 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $535,000 $174 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,536/month

About This Home

As of July 2021

Gorgeous, recently updated, creek-side home in sought-after Suwanee. Open floor plan on main & terrace, spacious kitchen for easy entertaining & ample sleeping space for overnight stays. Upgrades/renos include fabulous master BA overhaul, new 30-year roof, light fixtures throughout, granite c-tops in kitchen & wet bar, fresh paint, new carpet up & hand-carved Walnut hardwoods on main. Expertly finished terrace level offers lux trim, custom cabinetry, workout room, climate-controlled storage, billiards & more! Backyard oasis features whimsical creek & custom playhouse. Walk to the great community amenities & drive only minutes to public parks, shopping, dining & major roads/interstates.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jul 20, 2021
Sold by
Teat K Mitchell
Bought by
Yang Zhenyu
Seller's Agent
Shirley Wang
Atlanta Realty Global, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
Sold Price
$3,000
Current Estimated Value
$676,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,633
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Jul 12, 2000
Sold by
Pulte Home Corp
Bought by
Teat K Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,492
Interest Rate
8.3%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yang Zhenyu $535,000 --
Teat K Mitchell $234,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Zhenyu $342,600
Previous Owner Teat K Mitchell $193,000
Previous Owner Teat K Mitchell $187,492
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Rented $3,200 0.0% --
09/14/2023 09/14/23 Price Changed $3,200 -4.5% $1 / Sq Ft
09/03/2023 09/03/23 Price Changed $3,350 -4.3% $1 / Sq Ft
08/31/2023 08/31/23 Price Changed $3,500 +4.5% $1 / Sq Ft
08/31/2023 08/31/23 Price Changed $3,350 -4.3% $1 / Sq Ft
08/18/2023 08/18/23 For Rent $3,500 +16.7% --
08/15/2021 08/15/21 Rented $3,000 0.0% --
08/06/2021 08/06/21 Under Contract -- -- --
07/27/2021 07/27/21 For Rent $3,000 0.0% --
07/20/2021 07/20/21 Sold $535,000 +7.2% $117 / Sq Ft
06/25/2021 06/25/21 For Sale $499,000 -- $109 / Sq Ft

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 $9,409 $300,160 $40,400 $259,760
2022 $7,921 $214,000 $38,400 $175,600
2021 $4,784 $158,040 $27,600 $130,440
2020 $4,820 $158,040 $27,600 $130,440
2019 $4,705 $158,040 $27,600 $130,440
2018 $4,499 $148,040 $26,000 $122,040
2016 $3,893 $119,080 $26,800 $92,280
2015 $3,671 $107,360 $24,400 $82,960
2014 $3,563 $101,600 $21,200 $80,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shirley Wang

    Atlanta Realty Global, LLC.

    (718) 496-6891

    4 in this area

    13 Total Sales

    Shirley Wang
    Section Image

  • C

    Buyer's Agent in 2023

    CHERYL A DEPALMA

    Americas Realty, Inc.

    (770) 883-5313

    6 Total Sales

    CHERYL A DEPALMA
    Section Image
  • Darlene Plavcan

    Seller's Agent in 2021

    Darlene Plavcan

    Keller Williams Lanier Partners

    (678) 300-1275

    2 in this area

    119 Total Sales

    Darlene Plavcan
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Georgia Gwinnett County Suwanee 30024

5342 Tormeall Trace, Suwanee, GA

Homes for Sale in Suwanee, GA

This home is located at 5342 Tormeall Trace, Suwanee, GA 30024 and is currently estimated at $676,633, approximately $219 per square foot. 5342 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes