$535,000
SOLD JUL 20, 2021

5342 Tormeall Trace Suwanee, GA 30024

5 Beds
3.5 Baths
4,572 Sq Ft
0.38 Acres

Recently Sold

$117 Per Sq Ft

7% Above List Price

4 Days on Market

Highlights

  • Home fronts a creek
  • Clubhouse
  • Creek On Lot
  • Riverside Elementary School Rated A
  • Deck
  • Traditional Architecture

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.

Last Agent to Sell the Property

Darlene Plavcan

Keller Williams Lanier Partners License #349175 Listed on: 06/25/2021

Keller Williams Lanier Partners

Last Buyer's Agent

Shirley Wang

Atlanta Realty Global, LLC. License #385692

Atlanta Realty Global, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 2000

Lot Details

  • 0.38 Acre Lot
  • Home fronts a creek
  • Back and Front Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Cement Siding
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • 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
  • Living Room
  • Formal Dining Room
  • Home Office
  • Game Room
  • 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

  • Creek On Lot
  • 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
  • 110 Volts
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 168 / A
  • Assessor Parcel Number R7310 173

Community Details

Overview

  • Community Mgmt Assoc. Inc Association, Phone Number (404) 835-9111
  • Secondary HOA Phone (404) 835-9111
  • Grandview Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,820

Year Built

Built in 2000

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1492.00
  • Below Grade Sq Ft: 1492.00
  • Special Features: None

Property Details

  • Property: Residential Detached

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 Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Game Room, Living Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4572.00
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 1588.00

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
  • Foundation: Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • 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
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Semi-Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9111
  • Management Company Email: aquinn@cmacommunities.com
  • Management Phone: 404-835-9111
  • Subdivision Complex: Grandview

Association/Amenities

  • Management Company: Community Mgmt Assoc. Inc

Schools

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

Lot Info

  • Acres: 0.3800
  • Lot: 168
  • Land/Lot: 310
  • Deed Book: 20923
  • Deed Page: 93
  • Plat Book: 82
  • Plat Page: 154
  • Lot Features: Back Yard, Creek On Lot, Front Yard
  • Lot Dimensions: x
  • Parcel Number: R7310 173
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4820.00
  • Assessor Parcel Number: R7310-173
  • Close Date: 2021-07-20
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Creek

MLS Schools

  • 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
$664,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,822
Avg. Annual Appreciation
6.02%

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

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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 Type Sale Price Title Company
Warranty Deed $535,000 --
Deed $234,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $342,600 New Conventional
Previous Owner $193,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $187,492 New Conventional
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
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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6905654

First Multiple Listing Service (FMLS)

APN: 7-310-173