NOT LISTED FOR SALE

540 Clear Lake Ln Suwanee, GA 30024

Estimated Value: $457,000 - $491,000

3 Beds
2.5 Baths
2,224 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $322,895 $145 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,117/month

8 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Sun or Florida Room
  • Walnut Grove Elementary School Rated A
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of December 2020

Beautifully updated home in prestigious Richland Community. This home features welcoming rocking chair front porch that wraps around to the side, new windows with lifetime warranty transferrable to the new owner, new interior paint, new carpet, new hwd on main, new tiled floor in the kitchen with new counter top, new hardware, and new light fixtures. Enjoy the beautiful view of private backyard with extended deck from the sunroom. And grow your own herbs in your herb garden in the back. New frameless shower door is ordered to be installed.

Last Listed By

Kristen Yeo

Wealthpoint Realty, LLC. License #314719 Listed on: 11/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1987

Lot Details

  • 0.41 Acre Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Unfinished Basement
  • Garage Access
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Laundry on upper level

Outdoor Features

  • Deck
  • Shed

Schools

  • Walnut Grove - Gwinnett Elementary School
  • Creekland - Gwinnett Middle School
  • Collins Hill High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Richland Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Legal Lot and Block 5 / D
  • Assessor Parcel Number R7110 170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,330

Year Built

Built in 1987

Lot Details

0

HOA Fees

$42 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: 1987
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Gas Water Heater, Range Hood
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Driveway Access, Unfinished
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Sun Room, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2224.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • 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

Exterior Features

  • Other Structures: Shed(s)
  • Roof Type: Shingle
  • Fencing: Back Yard, Fenced
  • Patio And Porch Features: Deck, Screened, Wrap Around

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Drive Under Main Level, Driveway, Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Richland

Schools

  • Elementary School: Walnut Grove - Gwinnett
  • Middle School: Creekland - Gwinnett
  • High School: Collins Hill

Lot Info

  • Acres: 0.4100
  • Lot: 5
  • Land/Lot: 110
  • Deed Book: 52776
  • Deed Page: 192
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: x
  • Parcel Number: R7110 170
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3330.00
  • Assessor Parcel Number: R7110-170
  • Close Date: 2020-12-30
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Walnut Grove - Gwinnett
  • High School: Collins Hill
  • Middle School: Creekland - Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 30, 2020
Sold by
Lee Ho Seok
Bought by
Kolbinsky Keenan and Cromer Micaela
Seller's Agent
Kristen Yeo
Wealthpoint Realty, LLC.
Buyer's Agent
Renee Reddic
Keller Williams Realty Chattahoochee North, LLC
List Price
$329,000
Sold Price
$322,895
Premium/Discount to List
-$6,105
-1.86%
Total Days on Market
8
Current Estimated Value
$467,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,325
Avg. Annual Appreciation
7.90%
Original Mortgage
$297,060
Outstanding Balance
$268,145
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$182,747

Purchase Details

Listed on
Aug 20, 2013
Closed on
Jan 31, 2014
Sold by
Chapin James M
Bought by
Lee Hoe Seok and Woo Young Mee
Seller's Agent
Cleve Gaddis
RE/MAX Center
Buyer's Agent
STEPHANIE YOUNH JOUNG
Americas Realty, Inc.
List Price
$184,900
Sold Price
$181,300
Premium/Discount to List
-$3,600
-1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$200,200
Interest Rate
4.56%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Kolbinsky Keenan $322,895 --
Lee Hoe Seok $181,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolbinsky Keenan $297,060
Closed Kolbinsky Keenan $297,060
Previous Owner Lee Hoe Seok $200,200
Previous Owner Chapin James M $199,484
Previous Owner Chapin James M $158,400
Previous Owner Chapin James M $19,800
Previous Owner Chapin James M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $322,895 -1.9% $145 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $329,000 +81.5% $148 / Sq Ft
01/31/2014 01/31/14 Sold $181,300 -1.9% $77 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $184,900 -- $79 / 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 $5,811 $154,160 $31,600 $122,560
2022 $5,363 $142,440 $26,000 $116,440
2021 $4,820 $125,080 $26,000 $99,080
2020 $3,587 $107,960 $26,000 $81,960
2019 $3,330 $100,640 $19,600 $81,040
2018 $3,087 $89,320 $19,600 $69,720
2016 $3,107 $89,320 $19,600 $69,720
2015 $2,676 $72,520 $19,600 $52,920
2014 -- $79,640 $19,600 $60,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6808800

First Multiple Listing Service (FMLS)

APN: 7-110-170