NOT LISTED FOR SALE

5505 Villa Lake Ct Suwanee, GA 30024

Estimated Value: $503,000 - $541,000

3 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold April 10, 2015

Last sale price $296,900

Est. 77% increase in value since last sale

Current estimated payment $6,813/month

9 Days on Market

Highlights

  • Fitness Center
  • Separate his and hers bathrooms
  • Traditional Architecture
  • Sharon Elementary School Rated A
  • EarthCraft House
  • Cathedral Ceiling

About This Home

As of April 2015

Beautifully maintained with neutral decor and completely move in ready. Hardwood flooring throughout main level and super high ceiling with excess of wood trim and moldings. Large fireside family room with built-ins, separate formal living room and keeping room to back covered back patio. Galley kitchen has upgraded cabinetry and nice granite, backsplash, stainless steel appliances, master on main with spa bath and walk in closet. All rooms bright with loads of windows.

Last Listed By

Kimberly Yates

Yates Estates License #314038 Listed on: 02/13/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $692

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • Private Entrance
  • Landscaped
  • Irrigation Equipment
  • Private Yard
  • Front Yard
  • Zero Lot Line

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Garden Home
  • Property Attached
  • Ridge Vents on the Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Roommate Plan
  • Bookcases
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Open Access
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Grip-Accessible Features
  • Accessible Hallway
  • Accessible Doors
  • Accessible Entrance

Eco-Friendly Details

  • EarthCraft House
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Outdoor Features

  • Courtyard
  • Enclosed patio or porch

Schools

  • Sharon - Forsyth Elementary School
  • Riverwatch Middle School
  • Lambert High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 46 / M
  • Assessor Parcel Number 5505VillaLake5505CT

Community Details

Overview

  • $1,000 Initiation Fee
  • Southern Property Association, Phone Number (770) 351-8282
  • Secondary HOA Phone (770) 351-8282
  • Villas At Laurel Springs Subdivision

Amenities

  • Business Center
  • Meeting Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Dog Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$692

Year Built

Built in 2004

Lot Details

0

HOA Fees

$3,500 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Architectural Style: Garden (1 Level), Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Accessibility Features: Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Grip-Accessible Features
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter, Masonry
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, Tray Ceiling(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Den, Family Room, Game Room, Great Room - 1 Story, Living Room, Sun Room
  • Dining Room Features: Separate Dining Room

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Full Baths: 3
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Soaking Tub, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 3 Sides, Brick 4 Sides
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Covered, Enclosed, Patio
  • Exterior Features: Courtyard, Private Front Entry, Private Rear Entry, Private Yard

Garage/Parking

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

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Termite, Trash, Water
  • Community Features: Business Center, Dog Park, Fitness Center, Homeowners Assoc, Meeting Room, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: 3500
  • Master Association Fee Frequency: Annually
  • Hoa Contact Phone: 770-351-8282
  • Management Company Email: BBNB@comcast.net
  • Management Phone: 770-351-8282
  • Subdivision Complex: Villas At Laurel Springs

Association/Amenities

  • Management Company: Southern Property

Schools

  • Elementary School: Sharon - Forsyth
  • Middle School: Riverwatch
  • High School: Lambert

Lot Info

  • Lot: 46
  • Land/Lot: 2
  • Section G M D: 1135
  • Lot Features: Front Yard, Landscaped, Zero Lot Line
  • Parcel Number: 5505VillaLake5505CT
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Doors, HVAC, Insulation, Thermostat, Windows
  • Green Building Certifications: EarthCraft Home

Rental Info

  • Initiation Fee: 1000

Tax Info

  • Taxes: 692.00
  • Assessor Parcel Number: 138-000-405
  • Close Date: 2015-04-10
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sharon - Forsyth
  • High School: Lambert
  • Middle School: Riverwatch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Lee Jae Y and Lee Hye S
Bought by
Lee Soon Im
Total Days on Market
9
Current Estimated Value
$524,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Outstanding Balance
$354,764
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$176,604

Purchase Details

Listed on
Feb 13, 2015
Closed on
Apr 10, 2015
Sold by
Echavarria Ricardo
Bought by
Lee Jae Y and Lee Hye S
Seller's Agent
Kimberly Yates
Yates Estates
Buyer's Agent
Joanne Lee
Pinehill Realty Corporation
List Price
$309,900
Sold Price
$296,900
Premium/Discount to List
-$13,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$148,450
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2010
Sold by
Calhoun Sanford C
Bought by
Echavarria Ricardo and Echavarria Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.94%
Mortgage Type
New Conventional

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
Lee Soon Im $469,000 None Listed On Document
Lee Jae Y $296,900 --
Echavarria Ricardo $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Soon Im $375,200
Closed Lee Soon Im $375,200
Previous Owner Lee Jae Y $148,450
Previous Owner Echavarria Ricardo $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $296,900 -4.2% --
03/11/2015 03/11/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $309,900 -- --
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 $4,675 $197,072 $66,000 $131,072
2023 $4,618 $187,600 $52,760 $134,840
2022 $875 $138,812 $56,000 $82,812
2021 $855 $138,812 $56,000 $82,812
2020 $850 $134,104 $56,000 $78,104
2019 $855 $133,476 $56,000 $77,476
2018 $838 $112,568 $36,000 $76,568
2017 $850 $113,172 $36,000 $77,172
2016 $848 $112,172 $36,000 $76,172
2015 $786 $112,172 $36,000 $76,172
2014 -- $97,508 $28,000 $69,508
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Yates

    Seller's Agent in 2015

    Kimberly Yates

    Yates Estates

    (678) 314-1737

    1 in this area

    180 Total Sales

    Kimberly Yates
    Section Image
  • Stephen Yates

    Seller Co-Listing Agent in 2015

    Stephen Yates

    Century 21 Results

    (678) 471-5712

    1 in this area

    26 Total Sales

    Stephen Yates
    Section Image
  • Joanne Lee

    Buyer's Agent in 2015

    Joanne Lee

    Pinehill Realty Corporation

    (678) 770-1136

    23 in this area

    116 Total Sales

    Joanne Lee
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5397483

First Multiple Listing Service (FMLS)

APN: 138-405

Georgia Forsyth County Suwanee 30024

5505 Villa Lake Ct, Suwanee, GA

Homes for Sale in Suwanee, GA

This home is located at 5505 Villa Lake Ct, Suwanee, GA 30024 since 13 February 2015 and is currently estimated at $524,733. This property was built in 2004. 5505 Villa Lake Ct is a home located in Forsyth County with nearby schools including Sharon Elementary School, Riverwatch Middle School, and Lambert High School.

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