NOT LISTED FOR SALE

5351 Tormeall Trace Suwanee, GA 30024

Estimated Value: $595,000 - $658,000

5 Beds
2.5 Baths
2,960 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $345,000 $117 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,108/month

Highlights

  • Dining Room Seats More Than Twelve
  • Clubhouse
  • Family Room with Fireplace
  • Riverside Elementary School Rated A
  • Private Lot
  • Traditional Architecture

About This Home

As of October 2019

Spectacular move in ready home in the sought after Riverside School District. This open and bright 5 bedroom home has an updated kitchen with granite countertops, center island and views to the two story living room. Built in shelving and a double sided remote controlled fireplace rounds out the main level. New carpet, New flooring, New HVAC and MORE. Schedule your showing TODAY!

Last Agent to Sell the Property

Amy Fuchs

Keller Williams Realty Atlanta Partners License #351154 Listed on: 09/05/2019

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Teresa Willis

Keller Williams Realty Atlanta Partners License #345324

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 2000

Lot Details

  • 0.32 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Private Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Second Story Great Room
  • Dining Room Seats More Than Twelve
  • Home Office
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Butlers Pantry
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Assessor Parcel Number R7310 148

Community Details

Overview

  • Cma Association, Phone Number (404) 835-9111
  • Secondary HOA Phone (404) 835-9111
  • Grandview Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,398

Year Built

Built in 2000

Lot Details

0

HOA Fees

$50 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
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Fireplace Features: Double Sided, Family Room, Gas Log, Gas Starter
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Self Cleaning Oven
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Entrance Foyer, Entrance Foyer 2 Story, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 2 Story, Office
  • Dining Room Features: Butlers Pantry, Seats 12+
  • Square Footage: 2960.00
  • Spa Features: None
  • Window Features: Storm Window(s)

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Playground, Pool, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Hoa Contact Phone: 404-835-9111
  • Management Company Email: Aquinn@cmacommunities.com
  • Management Phone: 404-835-9111
  • Subdivision Complex: Grandview

Association/Amenities

  • Management Company: CMA

Schools

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

Lot Info

  • Acres: 0.3200
  • Deed Book: 46460
  • Deed Page: 604
  • Lot Features: Corner Lot, Landscaped, Level, Private
  • Parcel Number: R7310 148
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 4398.00
  • Assessor Parcel Number: R7310-148
  • Close Date: 2019-10-08
  • Tax Year: 2018

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
Sep 5, 2019
Closed on
Oct 8, 2019
Sold by
Mcfarland Michael T
Bought by
Lian Xiao Ya and Tang Fengbin
Seller's Agent
Amy Fuchs
Keller Williams Realty Atlanta Partners
Buyer's Agent
Teresa Willis
Keller Williams Realty Atlanta Partners
List Price
$335,000
Sold Price
$345,000
Premium/Discount to List
$10,000
2.99%
Current Estimated Value
$637,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,674
Avg. Annual Appreciation
10.67%
Original Mortgage
$235,000
Outstanding Balance
$182,472
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$448,706

Purchase Details

Closed on
Mar 28, 2006
Sold by
5351 Tormeal Trace Fiduciary E
Bought by
Mcfarland Michael T and Mcfarland Kristen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2004
Sold by
Est 5351 Tormeal Trace Fiduciary
Bought by
Homes With Dignity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.63%

Purchase Details

Closed on
Jul 16, 2003
Sold by
Homes With Dignity Llc
Bought by
Est 5351 Tormeal Trace Fiduciary

Purchase Details

Closed on
Jul 31, 2000
Sold by
Pulte Home Corp
Bought by
Reynolds Edward and Reynolds Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,975
Interest Rate
8.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lian Xiao Ya $345,000 --
Mcfarland Michael T $250,000 --
Homes With Dignity Llc -- --
Est 5351 Tormeal Trace Fiduciary -- --
Freeport Title Guaranty Inc $1,800 --
Reynolds Edward $210,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lian Xiao Ya $235,000
Previous Owner Mcfarland Michael T $202,750
Previous Owner Mcfarland Michael T $210,400
Previous Owner Mcfarland Michael T $39,450
Previous Owner Mcfarland Michael T $250,000
Previous Owner Homes With Dignity Llc $120,000
Previous Owner Reynolds Edward G $201,500
Previous Owner Reynolds Edward $199,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $345,000 +3.0% $117 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $335,000 -- $113 / 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 $8,297 $222,680 $40,400 $182,280
2023 $8,297 $138,000 $27,600 $110,400
2022 $5,273 $138,000 $27,600 $110,400
2021 $5,343 $140,400 $27,600 $112,800
2020 $5,375 $138,000 $27,600 $110,400
2019 $4,541 $140,400 $27,600 $112,800
2018 $4,398 $133,440 $26,000 $107,440
2016 $3,867 $108,080 $26,800 $81,280
2015 $3,607 $97,440 $24,400 $73,040
2014 -- $92,000 $21,200 $70,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6612518

First Multiple Listing Service (FMLS)

APN: 7-310-148