NOT LISTED FOR SALE

5550 Bright Cross Way Suwanee, GA 30024

Estimated Value: $551,000 - $581,280

4 Beds
3.5 Baths
2,614 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $550,000 $210 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,449/month

29 Days on Market

Highlights

  • Home Theater
  • Gated Community
  • Traditional Architecture
  • Sharon Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2023

Welcome to this stunning 4BR/3.5BA townhome nestled in a secure gated community! This exceptional home is located in a highly sought-after school district and is conveniently located just a stone's throw away from an abundance of amenities such as shopping centers, restaurants, parks, theaters, and much more. As you step inside, you'll be greeted by gleaming hardwood floors leading to an expansive kitchen complete with a breakfast bar, overlooking a spacious living and dining area with access to your own private deck - perfect for relaxing and entertaining. The large primary suite is complete with a sizable walk-in closet and a luxurious spa-like bath. The finished basement is a true gem offering an additional bedroom, full bath, media room, and storage space - ideal for hosting guests or creating a Teenager suite. Don't miss this rare opportunity to make this breathtaking townhome yours!

Last Agent to Sell the Property

David Bascoe

Compass License #359782 Listed on: 06/02/2023

Compass

Last Buyer's Agent

Shermine Khakian

Keller Williams Realty Atl. Partners License #371080

Keller Williams Realty Atl. Partners

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 2017

Lot Details

  • 2,614 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Brick Front

Interior Spaces

  • 2,614 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Home Theater
  • Loft

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Finished Basement Bathroom
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

Parking

  • 2 Car Garage
  • Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • Property is near shops

Community Details

Overview

  • Association fees include ground maintenance
  • The Gates At Old Atlanta Subdivision

Security

  • Gated Community
  • Storm Windows
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,144

Year Built

Built in 2017

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .06
  • Property Sub-Type: Townhouse
  • Structure Type: Other
  • Total Finished Area2: 2614
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Bedrooms: 4
  • Basement: Bath Finished, Bath/Stubbed, Daylight
  • Total Finished Sq Ft: 2614
  • Above Grade Finished Sq Ft: 2614
  • Interior Amenities: Double Vanity, In-Law Floorplan, Other, Roommate Plan, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Factory Built
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Bar, Kitchen Island, Walk-in Pantry
  • Window Features: Storm Window(s)

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 1

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Concrete
  • Lot Features: Level
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Upper Level
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 161
  • Association: Yes
  • Community Features: Gated, Sidewalks, Street Lights, Walk To Shopping

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 21, 2023
Sold by
Headley Jason
Bought by
Shahzad Shabnam and Merchant Shahzad
Seller's Agent
David Bascoe
Compass
Buyer's Agent
Shermine Khakian
Keller Williams Realty Atl. Partners
List Price
$570,000
Sold Price
$550,000
Premium/Discount to List
-$20,000
-3.51%
Views
147
Current Estimated Value
$571,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,070
Avg. Annual Appreciation
1.68%
Original Mortgage
$522,500
Outstanding Balance
$509,803
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$61,267

Purchase Details

Listed on
Aug 29, 2019
Closed on
Nov 21, 2019
Sold by
Lpd At Buckhead Grand Llc
Bought by
Headley Jason
Seller's Agent
Monique Howard
Real Broker, LLC.
Buyer's Agent
David Bascoe
Compass
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$337,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2017
Closed on
May 9, 2017
Sold by
Mckinley Homes Us Llc
Bought by
Lpd At Buckhead Grand Llc
Seller's Agent
Monique Howard
Real Broker, LLC.
Buyer's Agent
Monique Howard
Real Broker, LLC.
Sold Price
$2,200

Purchase Details

Listed on
May 11, 2017
Closed on
Apr 28, 2017
Sold by
Foxdale Properties Llc
Bought by
Mckinley Homes Us Llc
Seller's Agent
Monique Howard
Real Broker, LLC.
Buyer's Agent
Monique Howard
Real Broker, LLC.
Sold Price
$2,200
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
Shahzad Shabnam $550,000 None Listed On Document
Headley Jason $355,000 --
Lpd At Buckhead Grand Llc $323,000 --
Mckinley Homes Us Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahzad Shabnam $522,500
Previous Owner Headley Jason $337,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2023 07/24/23 Sold $550,000 -3.5% $210 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $570,000 +60.6% $218 / Sq Ft
11/21/2019 11/21/19 Sold $355,000 -2.7% $105 / Sq Ft View Prior Sale
10/24/2019 10/24/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $365,000 0.0% $107 / Sq Ft
07/19/2018 07/19/18 Rented $2,100 -4.5% --
06/27/2018 06/27/18 For Rent $2,200 0.0% --
05/11/2017 05/11/17 Rented $2,200 0.0% --
05/11/2017 05/11/17 For Rent $2,200 -- --
Source: Georgia MLS

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 $5,360 $242,872 $78,000 $164,872
2024 $5,360 $218,568 $66,000 $152,568
2023 $4,184 $209,780 $56,000 $153,780
2022 $4,144 $141,324 $40,000 $101,324
2021 $3,797 $141,324 $40,000 $101,324
2020 $3,757 $139,364 $40,000 $99,364
2019 $3,848 $139,164 $32,000 $107,164
2018 $3,450 $124,764 $32,000 $92,764
2017 $888 $32,000 $32,000 $0
2016 $888 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • David Bascoe

    Seller's Agent in 2023

    David Bascoe

    Compass

    (678) 699-2582

    2 in this area

    98 Total Sales

    David Bascoe
    Section Image
  • Shermine Khakian

    Buyer's Agent in 2023

    Shermine Khakian

    Keller Williams Realty Atl. Partners

    (404) 455-3925

    4 in this area

    123 Total Sales

    Shermine Khakian
    Section Image
  • Monique Howard

    Seller's Agent in 2019

    Monique Howard

    Real Broker, LLC.

    (678) 760-7433

    65 Total Sales

    Monique Howard
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10166198

Georgia MLS

APN: 182-506

Georgia Forsyth County Suwanee 30024

5550 Bright Cross Way, Suwanee, GA

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