NOT LISTED FOR SALE

5616 Kennedy Rd Suwanee, GA 30024

Estimated Value: $498,063 - $528,000

3.16 Acres
$162,981 Price per Acre
137,650 Sq Ft Lot

Last Sold November 29, 2023

Last sale price $465,000

Est. 11% increase in value since last sale

Current estimated payment $3,128/month

41 Days on Market

Highlights

  • View of Trees or Woods
  • 3.16 Acre Lot
  • Private Lot
  • Riverside Elementary School Rated A
  • Heavily Wooded Lot
  • Property is near schools

About This Lot

As of November 2023

Beautiful residential Estate lot in beautiful Suwanee!!!! 3.16 acres that has beautiful trees, private road and only 1 of six estate lots. This won’t last long!
This lot is #1 and the lowest price in the group of six. N Gwinnett HS N Gwinnett Middle and Riverside-Gwinnett

Last Agent to Sell the Property

Beckie Harrison

Virtual Properties Realty.com License #132074 Listed on: 09/05/2023

Virtual Properties Realty.com

Last Buyer's Agent

Tommy Nguyen

Berkshire Hathaway HomeServices Georgia Properties License #400859

Berkshire Hathaway HomeServices Georgia Properties

Property Details

Property Type

  • Land

Lot Details

  • 3.16 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Corner Lot
  • Heavily Wooded Lot
  • Landscaped with Trees

Location

  • Property is near schools
  • Property is near shops

Schools

  • Riverside - Gwinnett Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Additional Features

  • Views of Woods
  • Phone Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R7318 272

Community Details

Overview

  • Solitude Subdivision

Recreation

  • Trails

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: Lot 1 Solitude
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • View: Trees/Woods

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping, Near Trails/Greenway
  • Subdivision Complex: Solitude

Schools

  • Elementary School: Riverside - Gwinnett
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Acres: 3.1600
  • Lot: 1
  • Timber: Mixed
  • Possible Use: Residential
  • Section G M D: 1
  • Current Zoning: Res
  • Plat Book: O
  • Plat Page: O
  • Current Use: Residential
  • Lot Features: Corner Lot, Private
  • Lot Dimensions: 3
  • Parcel Number: R7318 272
  • Price Acre Dollar: 147151.90
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 156856.00
  • Assessor Parcel Number: R7318-272
  • Close Date: 2023-11-29
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Riverside - Gwinnett
  • High School: North Gwinnett
  • Middle School: North Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Pham Serene Oasis Llc
Bought by
Nguyen My Linh
Current Estimated Value
$515,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,497,980
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
-$982,959

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 29, 2023
Sold by
Leifson Jennifer
Bought by
Pham Serene Oasis Llc
Seller's Agent
Beckie Harrison
Virtual Properties Realty.com
Buyer's Agent
Tommy Nguyen
Berkshire Hathaway HomeServices Georgia Properties
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Dec 7, 2022
Sold by
Herd Susan B
Bought by
Leifson Jennifer and Leifson Ryan

Purchase Details

Closed on
Jan 29, 2018
Sold by
Herd Hal M
Bought by
Herd Susan B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nguyen My Linh -- --
Pham Serene Oasis Llc $465,000 --
Leifson Jennifer $450,000 --
Herd Susan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen My Linh $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $465,000 -6.8% --
10/16/2023 10/16/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $499,000 -- --
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 $3,111 $79,640 $79,640 --
2023 $3,111 $79,640 $79,640 $0
2022 $1,569 $44,360 $44,360 $0
2021 $1,600 $44,360 $44,360 $0
2020 $1,611 $44,360 $44,360 $0
2019 $796 $22,800 $22,800 $0
2018 $800 $22,800 $22,800 $0
2016 $799 $22,800 $22,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7271699

First Multiple Listing Service (FMLS)

APN: 7-318-272