NOT LISTED FOR SALE

5520 Bright Cross Way Suwanee, GA 30024

Estimated Value: $541,718 - $564,000

3 Beds
2.5 Baths
2,074 Sq Ft
$267/Sq Ft Est. Value

Highlights

  • No Units Above
  • Deck
  • Traditional Architecture
  • Sharon Elementary School Rated A
  • Oversized primary bedroom
  • Wood Flooring

About This Home

As of July 2023

Beautiful Gated Townhome with Great School Districts! Sharon ES, Riverwatch MS, & Lambert HS. Open Floor Plan. Large Island and white cabinets in the Kitchen. 3 Large Rooms on the 2nd Floor. You Must See the Property. **** APPOINTMENT ONLY. Property is OCCUPIED*****

Last Agent to Rent the Property

Rachel Kim

Heritage GA. Realty License #373737 Listed on: 07/05/2023

Last Renter's Agent

Rachel Kim

Heritage GA. Realty License #373737 Listed on: 07/05/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,204

Year Built

  • Built in 2017

Lot Details

  • 2,614 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Shingle Siding
  • Brick Front

Interior Spaces

  • 2,074 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Unfinished Basement
  • Exterior Basement Entry
  • Security Gate

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,600
  • 24 Month Lease Term
  • $40 Application Fee
  • Assessor Parcel Number 182 509

Community Details

Overview

  • Application Fee Required
  • The Gates At Old Atlanta Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,204

Year Built

Built in 2017

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Pest Control, Repairs, Security, Trash Collection, Water, Other
  • Credit Report Required: Yes
  • Deposit: 2600
  • Lease Term: 24 Months
  • Move Out Fee: Yes
  • Move Out Fee: 300.00
  • Per Adult Dollar: 40.00
  • Application Fee Per Adult: Yes
  • Deposit Required: Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 2017
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Basement: Exterior Entry, Unfinished
  • Kitchen Features: Kitchen Island, Pantry Walk-In, View to Family Room
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Additional Rooms: Basement, Bathroom, Bedroom, Family Room, Kitchen, Laundry, Living Room, Other
  • Square Footage: 2074.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Shingle Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Management: Professionally Managed
  • Subdivision Complex: the gates at old atlanta

Lot Info

  • Acres: 0.0600
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 182 509
  • Property Attached Yn: No

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: 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
Jul 7, 2021
Sold by
Lee Chang Kyo
Bought by
Kim Rachel J
Current Estimated Value
$554,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Outstanding Balance
$310,596
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$243,584

Purchase Details

Closed on
Mar 23, 2018
Sold by
Foxdale Properties Llc
Bought by
Mckinley Homes Us Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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
Kim Rachel J $360,000 --
Mckinley Homes Us Llc -- --
Lee Chang Kyo $323,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Rachel J $342,000
Previous Owner Lee Chang Kyo $229,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Rented $2,650 +1.9% --
07/05/2023 07/05/23 For Rent $2,600 0.0% --
06/28/2022 06/28/22 Rented $2,600 0.0% --
06/21/2022 06/21/22 For Rent $2,600 -- --
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
2025 $5,204 $236,072 $78,000 $158,072
2024 $5,204 $212,208 $66,000 $146,208
2023 $5,002 $203,220 $56,000 $147,220
2022 $3,832 $136,964 $40,000 $96,964
2021 $3,585 $136,964 $40,000 $96,964
2020 $3,547 $135,124 $40,000 $95,124
2019 $3,437 $129,560 $34,080 $95,480
2018 $3,364 $121,644 $32,000 $89,644
2017 $888 $32,000 $32,000 $0
2016 $888 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Kim

    Landlord's Agent in 2023

    Rachel Kim

    Heritage GA. Realty

    (678) 327-9319

    7 in this area

    35 Total Sales

    Rachel Kim
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7241670

First Multiple Listing Service (FMLS)

APN: 182-509

Georgia Forsyth County Suwanee 30024

5520 Bright Cross Way, Suwanee, GA

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