NOT LISTED FOR SALE

693 Faraday Cir Suwanee, GA 30024

Estimated Value: $564,000 - $702,000

5 Beds
3 Baths
2,640 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $610,000 $231 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,427/month

8 Days on Market

Highlights

  • Private Lot
  • Wood Flooring
  • L-Shaped Dining Room
  • Sugar Hill Elementary School Rated A
  • High Ceiling
  • Walk-In Pantry

About This Home

As of August 2023

Beautiful, cozy and comfortable house in Great Location. 5 bedrooms, 3 full baths, hardwood floors on the main level and steps to upstairs. A spacious guest suite on first level w/ full bath. Stainless steel appliances. The master bath features double vanities and separate shower and tub. Only minutes away from I-85, Mall of Georgia, restaurants, parks and entertainment. Move-in-ready condition.

Last Agent to Sell the Property

MiHee Chang

BHGRE Metro Brokers License #214683 Listed on: 06/12/2023

BHGRE Metro Brokers

Last Buyer's Agent

Pardeep Chauhan

Maximum One Executive Realtors License #374400

Maximum One Executive Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,614

Year Built

  • Built in 2016

Lot Details

  • 0.25 Acre Lot
  • Private Lot
  • Level Lot

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Breakfast Room
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Phone Available
  • Cable TV Available

Community Details

  • $1,000 Initiation Fee
  • Association fees include swimming, tennis
  • Olde Woodward Mill Subdivision

Listing and Financial Details

  • Tax Lot 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,614

Year Built

Built in 2016

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential
  • District: 7
  • Section: 1
  • Year Built: 2016
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .25
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2640
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer
  • Bedrooms: 5
  • Dining Room Features: L Shaped
  • Basement: None
  • Total Finished Sq Ft: 2640
  • Above Grade Finished Sq Ft: 2640
  • Interior Amenities: High Ceilings
  • Full Bathrooms: 3
  • Fireplace Features: Family Room
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Room, Walk-in Pantry
  • Price Per Square Foot: 231.060

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, Private
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Garage, Garage Door Opener
  • ParkingTotal: 2

Utilities

  • Cooling: None
  • Heating: Central, Forced Air
  • Laundry Features: Upper Level
  • Security Features: Carbon Monoxide Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 850
  • Association: Yes
  • Community Features: None

Fee Information

  • Initiation Fee: 1000
  • 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

  • Lot: 15

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 25, 2023
Sold by
Yang Young Seoung
Bought by
Sumanth Chitikireddy and Sumanth Lakshmi Nekkanti
Seller's Agent
MiHee Chang
BHGRE Metro Brokers
Buyer's Agent
Pardeep Chauhan
Maximum One Executive Realtors
List Price
$620,000
Sold Price
$610,000
Premium/Discount to List
-$10,000
-1.61%
Total Days on Market
8
Views
43
Current Estimated Value
$651,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,078
Avg. Annual Appreciation
3.67%
Original Mortgage
$575,750
Outstanding Balance
$565,951
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$85,127

Purchase Details

Closed on
Dec 8, 2016
Sold by
Calatlantic Group Inc
Bought by
Yang Young Seoung and Yang Hyun Sook
Source: Public Records

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Range of Values:

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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
Sumanth Chitikireddy $610,000 --
Yang Young Seoung $355,411 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumanth Chitikireddy $575,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $610,000 -1.6% $231 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $620,000 -- $235 / 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
2023 $8,614 $232,960 $50,000 $182,960
2022 $0 $185,000 $44,000 $141,000
2021 $2,164 $151,880 $40,000 $111,880
2020 $2,164 $151,880 $40,000 $111,880
2019 $1,979 $151,880 $40,000 $111,880
2018 $1,969 $146,000 $36,800 $109,200
Source: Public Records

Agents Affiliated with this Home

  • MiHee Chang

    Seller's Agent in 2023

    MiHee Chang

    Better Homes and Gardens Real Estate

    (770) 883-4989

    2 in this area

    12 Total Sales

    MiHee Chang
    Section Image
  • Pardeep Chauhan

    Buyer's Agent in 2023

    Pardeep Chauhan

    Maximum One Executive Realtors

    (734) 233-7421

    7 in this area

    123 Total Sales

    Pardeep Chauhan
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10169594

Georgia MLS

APN: 7-232-239

Georgia Gwinnett County Suwanee 30024

693 Faraday Cir, Suwanee, GA

This home is located at 693 Faraday Cir, Suwanee, GA 30024 since 12 June 2023 and is currently estimated at $651,078, approximately $246 per square foot. This property was built in 2016. 693 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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