$224,900
SOLD MAR 8, 2013

5402 Tormeall Trace Suwanee, GA 30024

4 Beds
2.5 Baths
3,080 Sq Ft
0.32 Acres

Recently Sold

$73 Per Sq Ft

6% Below List Price

56 Days on Market

Highlights

  • Home Theater
  • Deck
  • Traditional Architecture
  • Riverside Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of May 2019

AWESOME 4BR, 3.5BA HOME IN GREAT LOCATION, FAMILY RM W/FRPLC, KITCHEN W/WHITE CABS, ISLAND & BRKFST AREA, SPACIOUS BDRMS, PRIVATE BCKYRD W/DECK, SEP DR, SEP LR, 2-CAR GARAGE, LIB/OFFICE OR CAN BE USED FOR PLAYROOM, MSTR BATH W/DBL VANITY, GARDEN TUB & SEP SHWR, LAUNDRY RM UPSTAIRS, FULL FIN BSMT W/MEDIA RM, REC RM & MUCH MORE!! A MUST SEE! HURRY! THIS IS A HOMEPATH PRPTY AND YOU CAN PURCHASE IT FOR AS LITTLE AS 3% DOWN. PROPERTY APPROVED FOR HOMEPATH MRTGE & HOMEPATH RENOVATION MRTGE.

Last Agent to Sell the Property

DIVYESH PATEL

NOT A VALID MEMBER License #258736 Listed on: 12/25/2012

Last Buyer's Agent

Scott Lacy

Pend Realty, LLC. License #319891

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 2000

Lot Details

  • Private Lot
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Game Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

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

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 174 / A
  • Assessor Parcel Number 5402TormeallTRCE

Community Details

Overview

  • Community Club Mgmnt Association, Phone Number (770) 751-8333
  • Secondary HOA Phone (770) 751-8333
  • Grandview Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,301

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: Traditional
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Interior Amenities: Entrance Foyer, Entrance Foyer 2 Story, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Game Room, Living Room, Media Room, Office, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3080.00

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-751-8333
  • Management Company Email: MFernino@communityclubmgmt.com
  • Management Phone: 770-751-8333
  • Subdivision Complex: GRANDVIEW

Association/Amenities

  • Management Company: COMMUNITY CLUB MGMNT

Schools

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

Lot Info

  • Lot: 174
  • Land/Lot: 310
  • Lot Features: Level, Private, Sloped
  • Lot Dimensions: .32 ACRE
  • Parcel Number: 5402TormeallTRCE
  • Property Attached Yn: No

Tax Info

  • Taxes: 3301.00
  • Assessor Parcel Number: R7310-179
  • Close Date: 2013-03-08
  • Tax Year: 2011

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

Closed on
Nov 21, 2023
Sold by
Davis Larry
Bought by
Davis Kimberlie
Current Estimated Value
$724,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2019
Closed on
May 22, 2019
Sold by
Donovan Joseph J
Bought by
Davis Larry and Davis Kimberlie
Seller's Agent
Gail Butler
Keller Williams Realty Atlanta Partners
Buyer's Agent
Larry Davis
NOT A VALID MEMBER
List Price
$450,000
Sold Price
$418,500
Premium/Discount to List
-$31,500
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$432,310
Interest Rate
4.2%

Purchase Details

Listed on
Dec 25, 2012
Closed on
Mar 14, 2013
Sold by
Federal National Mortgage Association
Bought by
Donovan Joseph J
Seller's Agent
DIVYESH PATEL
NOT A VALID MEMBER
Buyer's Agent
Scott Lacy
Pend Realty, LLC.
List Price
$239,900
Sold Price
$224,900
Premium/Discount to List
-$15,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$243,773
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2012
Sold by
Nationstar Mtg Llc
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Oct 6, 2006
Sold by
Evola Carmen
Bought by
Hahn Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2003
Sold by
Prudential Relocation Inc
Bought by
Evola Carmen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2000
Sold by
Pulte Home Corp
Bought by
Neil Tony C and Neil Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,100
Interest Rate
8.27%
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 Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $418,500 --
Warranty Deed $224,900 --
Warranty Deed $242,168 --
Foreclosure Deed $242,168 --
Deed $290,000 --
Deed $229,000 --
Deed $30,900 --
Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $486,500 New Conventional
Closed $480,000 New Conventional
Previous Owner $439,252 VA
Previous Owner $432,310 No Value Available
Previous Owner $243,773 FHA
Previous Owner $440,000 Stand Alone Second
Previous Owner $472,500 Stand Alone Second
Previous Owner $232,000 New Conventional
Previous Owner $179,000 New Conventional
Previous Owner $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $196,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2019 05/22/19 Sold $418,500 -0.4% $97 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/23/2019 03/23/19 Price Changed $420,000 -1.2% $98 / Sq Ft
03/11/2019 03/11/19 Price Changed $425,000 -1.2% $99 / Sq Ft
03/04/2019 03/04/19 Price Changed $430,000 -2.3% $100 / Sq Ft
02/25/2019 02/25/19 Price Changed $440,000 -2.2% $102 / Sq Ft
02/15/2019 02/15/19 For Sale $450,000 +100.1% $105 / Sq Ft
03/08/2013 03/08/13 Sold $224,900 -6.3% $73 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
12/25/2012 12/25/12 For Sale $239,900 -- $78 / 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 $8,279 $280,600 $40,400 $240,200
2022 $6,975 $218,520 $38,400 $180,120
2021 $5,812 $158,040 $27,600 $130,440
2020 $5,849 $158,040 $27,600 $130,440
2019 $5,845 $158,040 $27,600 $130,440
2018 $4,728 $148,040 $26,000 $122,040
2016 $4,499 $119,080 $26,800 $92,280
2015 $4,135 $107,360 $24,400 $82,960
2014 -- $89,960 $21,200 $68,760
Source: Public Records

Agents Affiliated with this Home

  • Gail Butler

    Seller's Agent in 2019

    Gail Butler

    Keller Williams Realty Atlanta Partners

    (678) 775-6317

    41 in this area

    142 Total Sales

    Section Image

  • L

    Buyer's Agent in 2019

    Larry Davis

    NOT A VALID MEMBER

    Section Image

  • D

    Seller's Agent in 2013

    DIVYESH PATEL

    NOT A VALID MEMBER

  • Scott Lacy

    Buyer's Agent in 2013

    Scott Lacy

    Pend Realty, LLC.

    (770) 722-5129

    2 in this area

    94 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5093704

First Multiple Listing Service (FMLS)

APN: 7-310-179

Georgia Gwinnett County Suwanee 30024

5402 Tormeall Trace, Suwanee, GA

This home is located at 5402 Tormeall Trace, Suwanee, GA 30024 and is currently priced at $224,900, approximately $73 per square foot. This property was built in 2000. 5402 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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