NOT LISTED FOR SALE

5565 Bright Cross Way Suwanee, GA 30024

Estimated Value: $523,653 - $567,000

3 Beds
2.5 Baths
2,026 Sq Ft
$270/Sq Ft Est. Value

Highlights

  • No Units Above
  • Gated Community
  • Wood Flooring
  • Sharon Elementary School Rated A
  • Traditional Architecture
  • Loft

About This Home

As of December 2021

Upscale town-home, gated community in one of south Forsyth's most desirable areas. With excellent nearby shopping, dining and parks, there is no lack of recreational opportunities. This home has current, designer finishes and colors that will appeal to all tastes. Large bedrooms, lots of storage, a loft area, sizable backyard and a wonderful floor plan... the pictures tell the story. Lambert High school district. Beautiful kitchen with soft-close cabinetry, stainless applicances and a large kitchen island.

Last Agent to Rent the Property

David Kane

PMI North Atlanta License #374415 Listed on: 12/07/2021

Last Renter's Agent

David Kane

PMI North Atlanta License #374415 Listed on: 12/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 2016

Lot Details

  • 3,049 Sq Ft Lot
  • No Units Located Below
  • Two or More Common Walls
  • Private Entrance
  • Landscaped
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,026 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the upper level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,195
  • $45 Application Fee
  • Assessor Parcel Number 182 488

Community Details

Overview

  • Property has a Home Owners Association
  • Application Fee Required
  • The Gates At Old Atlanta Subdivision

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,056

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Gas, Pest Control, Security, Telephone, Trash Collection, Water
  • Credit Report Required: Yes
  • Deposit: 2195
  • Per Adult Dollar: 45.00
  • Pets Allowed: Call
  • Application Fee Per Adult: Yes
  • Deposit Required: Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Townhouse, Traditional
  • Year Built: 2016
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Gas Log, Gas Starter, Glass Doors, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Additional Rooms: Living Room, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2026.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • 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 4 Sides
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Patio
  • Exterior Features: Private Front Entry, Private Rear Entry

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Street Lights
  • Management: Owner Managed
  • Subdivision Complex: The Gates at Old Atlanta

Lot Info

  • Acres: 0.0700
  • Lot Features: Back Yard, Landscaped
  • Lot Dimensions: x
  • Parcel Number: 182 488
  • 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
Sep 12, 2016
Sold by
Mckinley Homes Us Llc
Bought by
Chu Eric
Current Estimated Value
$546,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$163,052
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$383,861
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

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Rented $2,195 0.0% --
12/10/2021 12/10/21 Under Contract -- -- --
12/07/2021 12/07/21 For Rent $2,195 +15.8% --
05/30/2020 05/30/20 Rented $1,895 0.0% --
05/15/2020 05/15/20 For Rent $1,895 0.0% --
02/24/2020 02/24/20 Rented $1,895 0.0% --
02/22/2020 02/22/20 Under Contract -- -- --
01/29/2020 01/29/20 For Rent $1,895 +1.1% --
12/22/2018 12/22/18 Rented $1,875 0.0% --
12/20/2018 12/20/18 Under Contract -- -- --
11/27/2018 11/27/18 Price Changed $1,875 -2.6% $1 / Sq Ft
11/06/2018 11/06/18 Price Changed $1,925 -1.0% $1 / Sq Ft
10/25/2018 10/25/18 For Rent $1,945 0.0% --
10/04/2018 10/04/18 Under Contract -- -- --
09/05/2018 09/05/18 For Rent $1,945 -- --
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 $4,056 $217,020 $78,000 $139,020
2024 $4,056 $194,596 $66,000 $128,596
2023 $3,892 $186,048 $56,000 $130,048
2022 $3,904 $125,676 $40,000 $85,676
2021 $3,470 $125,676 $40,000 $85,676
2020 $3,450 $124,924 $40,000 $84,924
2019 $3,415 $123,484 $32,000 $91,484
2018 $3,086 $111,604 $32,000 $79,604
2017 $2,883 $103,880 $32,000 $71,880
2016 $888 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6978205

First Multiple Listing Service (FMLS)

APN: 182-488