NOT LISTED FOR SALE

5805 Read Rd Suwanee, GA 30024

Estimated Value: $1,170,003 - $1,252,000

5 Beds
5.5 Baths
3,485 Sq Ft
$352/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $685,000 $197 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,435/month

226 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Home fronts a pond
  • ENERGY STAR Certified Homes
  • Johns Creek Elementary School Rated A
  • Gated Community
  • Home Energy Rating Service (HERS) Rated Property

About This Home

As of January 2019

This peaceful retreat has 2 owner's suites, one on the main level AND one upstairs, as well as an additional bed with full bath on the main & 3 large sized secondary beds upstairs. There's a large media/retreat area upstairs, perfect as a playroom or additional living space and a full unfinished basement. A chef's kitchen & numerous upgrades are sure to wow your buyer. All of this inside & the outside view is breathtaking, backing up to a 31 acre nature preserve. Welcome home.

Last Agent to Sell the Property

Laura Thomson

NOT A VALID MEMBER Listed on: 05/10/2018

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Home fronts a pond
  • Property fronts a marsh
  • Landscaped
  • Level Lot
  • Irrigation Equipment

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Country Style Home
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 3,485 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Two Story Entrance Foyer
  • Second Story Great Room
  • Family Room
  • Dining Room Seats More Than Twelve
  • Home Office
  • Bonus Room
  • Unfinished Basement
  • Natural lighting in basement
  • Security Gate

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • HERS Index Rating of 58 | Great energy performance
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck

Schools

  • Johns Creek Elementary School
  • Riverwatch Middle School
  • Lambert High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 66
  • Assessor Parcel Number 182 481

Community Details

Overview

  • $1,000 Initiation Fee
  • Built by David Weekley Homes
  • The Reserve At Old Atlanta Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,943

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Country, Traditional
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Interior Amenities: Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets Other, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Great Room - 1 Story, Great Room - 2 Story, Office
  • Dining Room Features: Seats 12+
  • Square Footage: 3485.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 2
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level, Level Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Gated, Homeowners Assoc, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: The Reserve At Old Atlanta

Lot Info

  • Acres: 0.2500
  • Lot: 66
  • Lot Features: Landscaped, Level
  • Parcel Number: 182 481
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Thermostat, Windows
  • H E R S Index Rating: 58
  • Green Building Certifications: ENERGY STAR Certified Homes, HERS Index Score

Rental Info

  • Initiation Fee: 1000

Tax Info

  • Taxes: 1943.00
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Marsh, Pond

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Johns Creek
  • High School: Lambert
  • Middle School: Riverwatch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jan 31, 2019
Sold by
Tsao Steven Pengyu
Bought by
Tsao Steven Pengyu and Tsao Kate Geng
Seller's Agent
Laura Thomson
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$784,900
Sold Price
$685,000
Premium/Discount to List
-$99,900
-12.73%
Current Estimated Value
$1,225,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,001
Avg. Annual Appreciation
8.86%
Original Mortgage
$479,500
Outstanding Balance
$421,566
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$803,435

Purchase Details

Closed on
Oct 3, 2017
Sold by
Jen Georgia 1 Llc
Bought by
Weekley Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tsao Steven Pengyu -- --
Tsao Steven Pengyu $685,000 --
Weekley Homes Llc $1,926,430 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsao Steven Pengyu $479,500
Closed Tsao Steven Pengyu $479,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $685,000 -6.9% $197 / Sq Ft
12/22/2018 12/22/18 Pending -- -- --
10/19/2018 10/19/18 Price Changed $735,900 -3.9% $211 / Sq Ft
10/05/2018 10/05/18 Price Changed $765,900 -1.8% $220 / Sq Ft
08/16/2018 08/16/18 Price Changed $779,800 0.0% $224 / Sq Ft
06/29/2018 06/29/18 Price Changed $779,990 -0.6% $224 / Sq Ft
05/31/2018 05/31/18 Price Changed $784,500 -0.7% $225 / Sq Ft
05/17/2018 05/17/18 Price Changed $789,900 +0.6% $227 / Sq Ft
05/10/2018 05/10/18 For Sale $784,900 -- $225 / 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
2025 $10,767 $483,032 $90,000 $393,032
2024 $10,767 $439,064 $80,000 $359,064
2023 $9,710 $394,472 $70,000 $324,472
2022 $7,891 $261,108 $70,000 $191,108
2021 $7,210 $261,108 $70,000 $191,108
2020 $7,566 $274,000 $67,400 $206,600
2019 $7,867 $284,496 $70,000 $214,496
2018 $1,936 $70,000 $70,000 $0
2017 $1,943 $70,000 $70,000 $0
2016 $1,776 $64,000 $64,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Laura Thomson

    NOT A VALID MEMBER

    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6009620

First Multiple Listing Service (FMLS)

APN: 182-481

Georgia Forsyth County Suwanee 30024

5805 Read Rd, Suwanee, GA

Not Listed for Sale

Detached

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes