NOT LISTED FOR SALE

5401 Tormeall Trace Suwanee, GA 30024

Estimated Value: $579,000 - $674,000

5 Beds
2.5 Baths
2,960 Sq Ft
$211/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $260,000 $88 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $4,024/month

Highlights

  • Separate his and hers bathrooms
  • Sitting Area In Primary Bedroom
  • Deck
  • Riverside Elementary School Rated A
  • Clubhouse
  • Contemporary Architecture

About This Home

As of April 2015

Gorgeous Huge Kitchen, New paint through out.

Last Agent to Sell the Property

MICHELLE KIM

Sunny Home Realty License #299420 Listed on: 02/12/2015

Last Buyer's Agent

Boya Sun

Centrystone Service, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,549

Year Built

  • Built in 2000

Lot Details

  • Landscaped
  • Corner Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Country Style Home
  • Tar and Gravel Roof
  • Cement Siding
  • Cedar

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Whole House Fan
  • Double Sided Fireplace
  • Circulating Fireplace
  • Fireplace Features Masonry
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 78 / A
  • Assessor Parcel Number 5401TormeallTRCE

Community Details

Overview

  • Granview Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,549

Year Built

Built in 2000

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern, Country
  • Property Condition: Resale
  • Assessment Fee Contemplated: Yes
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Circulating, Double Sided, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Microwave
  • Interior Amenities: High Ceilings 10 ft Main, High Speed Internet, Tray Ceiling(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Solid Surface Counters, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Great Room - 1 Story, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2960.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Sitting Room, Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cedar, Cement Siding
  • Roof Type: Tar/Gravel
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Heating: Forced Air
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Master Association Fee: 400
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: granview

Schools

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

Lot Info

  • Lot: 78
  • Land/Lot: 78
  • Section G M D: 00
  • Deed Book: 20842
  • Deed Page: 123
  • Plat Book: 00
  • Plat Page: 00
  • Lot Features: Corner Lot, Landscaped
  • Lot Dimensions: .31
  • Parcel Number: 5401TormeallTRCE
  • Property Attached Yn: No

Tax Info

  • Taxes: 3549.00
  • Assessor Parcel Number: R7310-145
  • Close Date: 2015-04-20
  • Tax Year: 2013

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
Apr 22, 2015
Closed on
Apr 20, 2015
Sold by
Park Soo Jin
Bought by
Wang David Shangfeng and Chen Qihong Linda
Seller's Agent
Boya Sun
Centrystone Service, LLC
Buyer's Agent
Boya Sun
Centrystone Service, LLC
Sold Price
$1,750
Current Estimated Value
$625,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,449
Avg. Annual Appreciation
8.65%
Original Mortgage
$195,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Equity Suburban
Bought by
Park Soo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2004
Sold by
Cms Residential Properties Llc
Bought by
Equity Suburban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2002
Sold by
Aubin Jason B and Aubin Kimberly D
Bought by
Balsam Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,350
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2000
Sold by
Aubin Jason B
Bought by
Aubin Jason B and Aubin Kimberley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,300
Interest Rate
8.63%
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
Wang David Shangfeng $260,000 --
Park Soo J $247,000 --
Equity Suburban -- --
Balsam Richard T $193,000 --
Aubin Jason B -- --
Aubin Jason B $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang David Shangfeng $318,750
Closed Wang David Shangfeng $195,000
Previous Owner Park Soo J $175,500
Previous Owner Park Soo J $53,600
Previous Owner Park Soo J $197,600
Previous Owner Equity Suburban $200,000
Previous Owner Balsam Richard T $183,350
Previous Owner Aubin Jason B $31,300
Previous Owner Aubin Jason B $203,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2015 04/22/15 Rented $1,750 0.0% --
04/22/2015 04/22/15 For Rent $1,750 0.0% --
04/20/2015 04/20/15 Sold $260,000 -7.1% $88 / Sq Ft
03/21/2015 03/21/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $279,900 -- $95 / 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 $8,268 $221,360 $40,400 $180,960
2023 $8,268 $221,360 $40,400 $180,960
2022 $6,570 $174,120 $38,400 $135,720
2021 $5,417 $139,560 $27,600 $111,960
2020 $5,449 $139,560 $27,600 $111,960
2019 $5,244 $139,560 $27,600 $111,960
2018 $5,021 $132,920 $26,000 $106,920
2016 $4,023 $104,000 $26,800 $77,200
2015 $3,818 $97,080 $24,400 $72,680
2014 $3,645 $91,640 $21,200 $70,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5396402

First Multiple Listing Service (FMLS)

APN: 7-310-145