NOT LISTED FOR SALE

692 Faraday Cir Suwanee, GA 30024

Estimated Value: $743,158 - $840,000

5 Beds
3 Baths
3,398 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $650,000 $191 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,127/month

7 Days on Market

Highlights

  • A-Frame Home
  • Wood Flooring
  • Tennis Courts
  • Sugar Hill Elementary School Rated A
  • Community Pool
  • Home Office

About This Home

As of April 2022

Great location!! Beautiful well maintained house, granite counter tops, all hardwood floors on the main level and steps, 3 sided brick, 5 BR 3 Bath house, Stainless Steel appliances, The Master Bath Features double vanities and separate shower & Garden tub. Only Minutes away from I-85 and Mall of Georgia, Restaurants, Parks, and Entertainment, nice office room with doors, nice big side yard.

Last Agent to Sell the Property

Venky Satoor

Maximum One Executive Realtors License #343228 Listed on: 03/05/2022

Maximum One Executive Realtors

Last Buyer's Agent

Venky Satoor

Maximum One Executive Realtors License #343228 Listed on: 03/05/2022

Maximum One Executive Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,830

Year Built

  • Built in 2016

Lot Details

  • 0.34 Acre Lot
  • Level Lot

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Traditional Architecture
  • Slab Foundation
  • Wood Roof
  • Concrete Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Home Office
  • Laundry on upper level

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Association fees include swimming, tennis
  • Olde Woodward Mill Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,830

Year Built

Built in 2016

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • District: 07
  • Section: 1
  • Year Built: 2016
  • ArchitecturalStyle: Brick 3 Side, A-frame, Traditional
  • Electric: 220 Volts
  • Financing Type: Conventional 95%
  • Levels: Two
  • Lot Size Acres: .34
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal
  • Bedrooms: 5
  • Basement: None
  • Interior Amenities: Tray Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 3
  • Fireplace Features: Family Room
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Kitchen Island
  • Other Equipment: Satellite Dish

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Wood

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Upper Level
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 800
  • Association: Yes
  • Community Features: Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Association Fee Includes: Swimming, Tennis

Schools

  • Elementary School: Sugar Hill
  • High School: Lanier
  • High School Bus: Yes
  • Middle School: Lanier
  • Middle School Bus: Yes
  • Elementary School: Sugar Hill
  • Middle School: Lanier
  • High School: Lanier

Lot Info

  • Land Lot: 0232
  • Lot: 6
  • Deed Book: 55036
  • Deed Page: 490

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5830

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Apr 7, 2022
Sold by
Kodukula Lakshmana Murthy
Bought by
Kim Seung and Lee Chang Lyung
Seller's Agent
Venky Satoor
Maximum One Executive Realtors
Buyer's Agent
Venky Satoor
Maximum One Executive Realtors
List Price
$640,000
Sold Price
$650,000
Premium/Discount to List
$10,000
1.56%
Current Estimated Value
$803,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,790
Avg. Annual Appreciation
6.07%
Original Mortgage
$617,500
Outstanding Balance
$578,568
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$218,455

Purchase Details

Closed on
Mar 28, 2017
Sold by
Murthy Kodukula Lakshmana
Bought by
Syamala Murthy Kodukula Lakshmana and Syamala Prem Kodukula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kim Seung $650,000 --
Syamala Murthy Kodukula Lakshmana $395,840 --
Murthy Kodukula Lakshmana $395,840 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Seung $617,500
Previous Owner Kodukula Lakshmana Murthy $460,000
Previous Owner Kodukula Lakshmana Murthy $357,000
Previous Owner Kodukula Lakshmana Murthy $355,000
Previous Owner Murthy Kodukula Lakshmana $375,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $650,000 +1.6% $191 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $640,000 -- $188 / Sq Ft
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
2024 $9,796 $280,640 $63,200 $217,440
2023 $9,796 $260,000 $50,000 $210,000
2022 $6,903 $214,040 $44,000 $170,040
2021 $5,653 $158,320 $40,000 $118,320
2020 $5,867 $158,320 $40,000 $118,320
2019 $5,653 $158,320 $40,000 $118,320
2018 $5,874 $158,320 $36,800 $121,520
Source: Public Records

Agents Affiliated with this Home

  • Venky Satoor

    Seller's Agent in 2022

    Venky Satoor

    Maximum One Executive Realtors

    (678) 576-7061

    5 in this area

    20 Total Sales

    Venky Satoor
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Map

Source: Georgia MLS

MLS Number: 10026578

Georgia MLS

APN: 7-232-230

Georgia Gwinnett County Suwanee 30024

692 Faraday Cir, Suwanee, GA

This home is located at 692 Faraday Cir, Suwanee, GA 30024 since 05 March 2022 and is currently estimated at $803,790, approximately $236 per square foot. This property was built in 2016. 692 Faraday Cir 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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