NOT LISTED FOR SALE

5342 Tormeall Trace Suwanee, GA 30024

Estimated Value: $677,000 - $725,000

5 Beds
3.5 Baths
3,080 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 20, 2021

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

Est. 32% increase in value since last sale

Current estimated payment $4,504/month

Highlights

  • Clubhouse
  • Deck
  • Whirlpool Bathtub
  • Riverside Elementary School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of September 2023

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.

Last Agent to Rent the Property

Shirley Wang

Atlanta Realty Global, LLC. License #385692 Listed on: 08/18/2023

Atlanta Realty Global, LLC.

Last Renter's Agent

CHERYL A DEPALMA

Americas Realty, Inc. License #162934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,409

Year Built

  • Built in 2000

Lot Details

  • 0.38 Acre Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet on the main level
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Home Gym
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $7,000
  • 12 Month Lease Term
  • $75 Application Fee
  • Assessor Parcel Number R7310 173

Community Details

Overview

  • Property has a Home Owners Association
  • Application Fee Required
  • Grandview Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,409

Year Built

Built in 2000

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities, Grounds Care, Pest Control, Water
  • Credit Report Required: Yes
  • Deposit: 7000
  • Lease Term: 12 Months
  • Move In Fee: Yes
  • Per Adult Dollar: 75.00
  • Per Family Dollar: 75.00
  • Pets Allowed: Yes
  • Reservation Deposit: 7000.00
  • Application Fee Per Adult: Yes
  • Application Fee Per Family: Yes
  • Pet Deposit Dollar: 500.00
  • Deposit Required: Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven, Tankless Water Heater
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer 2 Story, High Ceilings 9 ft Main, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Basement, Den, Exercise Room, Game Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3080.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Lower Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Kitchen Level

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Management: Professionally Managed
  • Subdivision Complex: Grandview

Schools

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

Lot Info

  • Acres: 0.3800
  • Land/Lot: 310
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: x 76
  • Parcel Number: R7310 173
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: R7310-173
  • Close Date: 2023-09-29

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 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
$704,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,324
Avg. Annual Appreciation
6.88%

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
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
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
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 $9,409 $255,400 $40,400 $215,000
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

    Landlord'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

    Tenant's Agent in 2023

    CHERYL A DEPALMA

    Americas Realty, Inc.

    (770) 883-5313

    7 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

    104 Total Sales

    Darlene Plavcan
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7262620

First Multiple Listing Service (FMLS)

APN: 7-310-173

Georgia Gwinnett County Suwanee 30024

5342 Tormeall Trace, Suwanee, GA

This home is located at 5342 Tormeall Trace, Suwanee, GA 30024 since 18 August 2023 and is currently priced at $704,324. This property was built in 2000. 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.

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