NOT LISTED FOR SALE

5462 Tormeall Trace Suwanee, GA 30024

Estimated Value: $672,000 - $744,000

6 Beds
4 Baths
4,661 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $360,000 $77 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,634/month

11 Days on Market

Highlights

  • Tennis Courts
  • Home Energy Rating Service (HERS) Rated Property
  • Clubhouse
  • Riverside Elementary School Rated A
  • A-Frame Home
  • Deck

About This Home

As of November 2016

DON'T MISS IT! NEW EXTERIOR PAINT!!! NEW ROOF!!! NEW CARPET!!! NEW APPLIANCE!!! HARDWOOD FLOOR ON MAIN, GREAT BACK YARD. HIGH CEILING PLAN ON LIVING ROOM. LARGE MASTER BEDROOD WITH LARGE MASTER BATHROOM WITH GARDEN TUB, SPARATE SHOWER & DOUBLE VANITY. FULL FINISH BASEMENT. GREAT LOCATION AND NORTH GWINNETT HS. ONLY 1 MILE TO SETTLES BRIDGE PARK. CLOSE TO SHOPPING AND RESTAURANT. PLEASE ENJOY.

Last Agent to Sell the Property

Juhwan Lee

Wealthpoint Realty, LLC. License #357822 Listed on: 10/06/2016

Co-Listed By

Young Ja Kim, CCIM

Master Realty License #328251

Last Buyer's Agent

Kim Meisen

NOT A VALID MEMBER

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,207

Year Built

  • Built in 2000

Lot Details

  • 0.33 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Garden

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway Level

Home Design

  • A-Frame Home
  • Frame Construction
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 4,661 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • Computer Room
  • Bonus Room
  • Workshop
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Shower Only

Finished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio

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
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • Property is near schools

Listing and Financial Details

  • Legal Lot and Block 180 / A
  • Assessor Parcel Number R7310 132

Community Details

Overview

  • Grandview Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,207

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: A-Frame
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Double Sided, Gas Log, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Finished, Full
  • Kitchen Features: Cabinets Other, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Family Room, Great Room - 1 Story, Office, Workshop, Other
  • Dining Room Features: Dining L
  • Square Footage: 4661.00

Beds/Baths

  • Total Bedrooms: 6
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only, Soaking Tub

Exterior Features

  • Construction Materials: Brick 3 Sides, Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Garden, Tennis Court(s)

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Acres: 0.3300
  • Lot: 180
  • Land/Lot: 310
  • Lot Features: Corner Lot, Landscaped, Level
  • Parcel Number: R7310 132
  • Property Attached Yn: No

Green Features

  • Green Building Certifications: HERS Index Score

Tax Info

  • Taxes: 4207.00
  • Assessor Parcel Number: R7310-132
  • Close Date: 2016-11-14
  • Tax Year: 2015

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
Oct 6, 2016
Closed on
Nov 14, 2016
Sold by
Koo Gyo W
Bought by
Jackson Shawn Derrick and Jackson Angel
Seller's Agent
Juhwan Lee
Wealthpoint Realty, LLC.
Buyer's Agent
Kim Meisen
NOT A VALID MEMBER
List Price
$379,000
Sold Price
$360,000
Premium/Discount to List
-$19,000
-5.01%
Total Days on Market
11
Current Estimated Value
$712,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,642
Avg. Annual Appreciation
8.19%
Original Mortgage
$348,697
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2008
Sold by
Hewitt Associates Llc
Bought by
Owh Jong K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2000
Sold by
Pulte Home Corp
Bought by
Hillerman Egon E and Hillerman Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7%
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 Buyer Sale Price Title Company
Jackson Shawn Derrick $360,000 --
Owh Jong K $282,000 --
Hewitt Associates Llc $282,000 --
Hillerman Egon E $232,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Shawn Derrick $504,000
Closed Jackson Shawn Derrick $348,697
Previous Owner Owh Jong Kun $11,200
Previous Owner Hewitt Associates Llc $110,000
Previous Owner Hillermann Egon E $100,000
Previous Owner Hillermann Egon E $128,000
Previous Owner Hillerman Egon E $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2016 11/14/16 Sold $360,000 -2.4% $77 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/10/2016 10/10/16 Price Changed $369,000 -2.6% $79 / Sq Ft
10/06/2016 10/06/16 For Sale $379,000 -- $81 / 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 $7,763 $276,000 $40,400 $235,600
2022 $6,476 $215,120 $38,400 $176,720
2021 $5,647 $170,560 $27,600 $142,960
2020 $5,687 $170,560 $27,600 $142,960
2019 $5,515 $170,560 $27,600 $142,960
2018 $5,269 $158,600 $26,000 $132,600
2016 $4,808 $127,080 $26,800 $100,280
2015 $4,207 $114,560 $24,400 $90,160
2014 $4,015 $108,560 $21,200 $87,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5758676

First Multiple Listing Service (FMLS)

APN: 7-310-132