NOT LISTED FOR SALE

5550 Silk Oak Way Sugar Hill, GA 30518

Estimated Value: $487,774 - $564,000

4 Beds
3 Baths
2,826 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $220,668 $78 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,203/month

Highlights

  • Separate his and hers bathrooms
  • Dining Room Seats More Than Twelve
  • Traditional Architecture
  • Sugar Hill Elementary School Rated A
  • Clubhouse
  • Whirlpool Bathtub

About This Home

As of February 2015

Spectacular open floor plan home with fantastic upgrades through out the whole house, sun-drenched vaulted family room. Gourmet kitchen open to family room. Spacious formal dining and formal living rooms. Over sized Owner's Suite. Huge backyard great for families gathering. 6 foot privacy fence & large play structure. Oversize patio. Swim & tennis subdivision. You will love it!

Last Agent to Rent the Property

Robin Chew

Northview Realty, LLC. License #255342 Listed on: 01/10/2015

Last Renter's Agent

Robin Chew

Northview Realty, LLC. License #255342 Listed on: 01/10/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 1998

Lot Details

  • 0.5 Acre Lot
  • Landscaped
  • Level Lot
  • Garden

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

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

Interior Spaces

  • 2-Story Property
  • Roommate Plan
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Two Story Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Computer Room
  • Home Gym
  • Carpet

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio

Schools

  • Sugar Hill - Gwinnett Elementary School
  • Lanier Middle School
  • Lanier High School

Utilities

  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 5550SilkOakWAY

Community Details

Overview

  • Property has a Home Owners Association
  • Arbor Clos Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,123

Year Built

Built in 1998

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Pest Control, Security, Telephone, Trash Collection, Water
  • Credit Report Required: Yes
  • Deposit: 1 month rent
  • Lease Term: 12 Months
  • Per Family Dollar: 55.00
  • Application Fee Per Family: Yes

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1998
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Laminate Counters, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Exercise Room, Great Room - 1 Story, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Roommate Floor Plan
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Garden

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Sidewalks, Tennis Court(s)
  • Management: Owner Managed
  • Subdivision Complex: Arbor Clos

Schools

  • Elementary School: Sugar Hill - Gwinnett
  • Middle School: Lanier
  • High School: Lanier

Lot Info

  • Acres: 0.5000
  • Section G M D: 1
  • Lot Features: Landscaped, Level
  • Lot Dimensions: Less than 1/3 Acre
  • Parcel Number: 5550SilkOakWAY
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: R7320-165
  • Close Date: 2015-02-16

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sugar Hill - Gwinnett
  • High School: Lanier
  • Middle School: Lanier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Lin Yuan Xiang
Bought by
L & W Homes Llc
Current Estimated Value
$523,694

Purchase Details

Listed on
Jan 10, 2015
Closed on
Dec 31, 2014
Sold by
Smith David A
Bought by
Lin Yuan Xiang
Seller's Agent
Robin Chew
Northview Realty, LLC.
Buyer's Agent
Robin Chew
Northview Realty, LLC.
Sold Price
$1,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Gwinn Charles R and Gwinn Amy M
Bought by
Smith David A and Smith Kimberly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,963
Interest Rate
5.1%
Mortgage Type
VA

Purchase Details

Closed on
Aug 20, 1999
Sold by
Baker Daniel A and Baker Cynthia L
Bought by
Gwinn Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,300
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1999
Sold by
Windwood Homes Inc
Bought by
Baker Daniel A and Baker Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,250
Interest Rate
7%
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 Buyer Sale Price Title Company
L & W Homes Llc -- --
Lin Yuan Xiang $220,668 --
Smith David A $211,000 --
Gwinn Charles R $171,900 --
Baker Daniel A $169,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith David A $217,963
Previous Owner Gwinn Charles R $163,300
Previous Owner Baker Daniel A $154,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2015 02/16/15 Rented $1,600 0.0% --
01/17/2015 01/17/15 Under Contract -- -- --
01/10/2015 01/10/15 For Rent $1,600 0.0% --
12/31/2014 12/31/14 Sold $220,668 -6.1% $78 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $235,000 -- $83 / 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
2024 $5,123 $146,800 $26,000 $120,800
2023 $5,123 $146,800 $26,000 $120,800
2022 $4,364 $156,360 $26,000 $130,360
2021 $4,451 $124,680 $22,800 $101,880
2020 $5,010 $124,680 $22,800 $101,880
2019 $4,264 $109,760 $20,400 $89,360
2018 $4,281 $109,760 $20,400 $89,360
2016 $3,854 $98,800 $20,400 $78,400
2015 $3,488 $88,240 $20,400 $67,840
2014 $3,392 $90,800 $20,400 $70,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2015

    Robin Chew

    Northview Realty, LLC.

    (404) 509-3684

    25 Total Sales

    Robin Chew
    Section Image
  • Charlotte Cliche

    Seller's Agent in 2014

    Charlotte Cliche

    Virtual Properties Realty.com

    (770) 633-5666

    4 in this area

    86 Total Sales

    Charlotte Cliche
    Section Image

  • K

    Buyer's Agent in 2014

    Kevin Lee

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5382870

First Multiple Listing Service (FMLS)

APN: 7-320-165

Georgia Gwinnett County Sugar Hill 30518

5550 Silk Oak Way, Sugar Hill, GA

This home is located at 5550 Silk Oak Way, Sugar Hill, GA 30518 since 10 January 2015 and is currently priced at $523,694. This property was built in 1998. 5550 Silk Oak Way is a home located in Gwinnett County with nearby schools including Sugar Hill Elementary School, Lanier Middle School, and Lanier High School.

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