$950,000
SOLD JUL 17, 2024

840 River Trace Ct Suwanee, GA 30024

5 Beds
4.5 Baths
5,088 Sq Ft
2 Acres

Recently Sold

$187 Per Sq Ft

37 Days on Market

Highlights

  • 195 Feet of Waterfront
  • River View
  • Clubhouse
  • Settles Bridge Elementary School Rated A
  • 2 Acre Lot
  • Deck

About This Home

As of July 2024

HIGHLY SOUGHT AFTER SOUTH FORSYTH'S RIVERMIST SUBDIVISION - within the LAMBERT SCHOOL DISTRICT! Five Bedrooms and 4.5 Bathrooms Home with a Full Finished Basement sits at the end of a quiet CUL-DE-SAC on a 2-ACRE Lot with a fenced backyard and 200 FEET OF PRIME CHATTAHOOCHEE RIVER FRONTAGE. The family room with built-in bookcases opens to an eat-in kitchen with direct access to an expansive deck with a screened porch. Features include an open-concept floor plan, an office on the main floor, a formal living room, a formal dining room with wainscoting and trey ceiling, hardwood flooring, crown molding, and high ceilings. On the second floor, you will find the Master Bedroom with his and her closets and three generous Secondary Bedrooms (one with an en suite). On the terrace level, you will find a versatile space boasting a kitchenette area, bathroom, bedroom, living area, and exercise room. Whether hosting guests in style or providing a private sanctuary for extended family, this area offers endless possibilities. Take advantage of the extra storage space in the unfinished portion. Step into the backyard and enjoy the tree-flanked, professionally landscaped, fenced backyard. The family room has soaring floor-to-ceiling windows that allow you to capture views of the tree-lined backyard and seasonal views of the Chattahoochee River! Peace and tranquility are all yours with this fabulous property! Fish, Canoe, and kayak from your backyard. This one is EXCEPTIONALLY SPECIAL. Swim and tennis community amenities include tennis, swimming, basketball, pickleball, a playground, a cabana, and access to the Chattahoochee River. Your "Staycation" awaits! It is conveniently located near shopping, dining, and GA-400. Recent updates include a freshly painted exterior (2023), new A/C and Furnace units (2023 and 2024), new Windows (2023), and a new Water Heater (2024). **$6,000 in Lender Concessions with Preferred Lender, Riley Egan w/ Align Financial LLC to help alleviate closing costs or to buy down your interest rate.**

Last Agent to Sell the Property

David Rasche

Method Real Estate Advisors License #432127 Listed on: 05/31/2024

Method Real Estate Advisors

Last Buyer's Agent

Jinghui Fan

Virtual Properties Realty.com License #386330

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,486

Year Built

  • Built in 2002

Lot Details

  • 2 Acre Lot
  • 195 Feet of Waterfront
  • River Front
  • Cul-De-Sac
  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Grass Covered Lot

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Brick Front

Interior Spaces

  • 5,088 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Home Gym
  • River Views
  • Pull Down Stairs to Attic
  • Laundry in Hall

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

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

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Settles Bridge Elementary School
  • Riverwatch Middle School
  • Lambert High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 57 / A

Community Details

Overview

  • $197 Initiation Fee
  • Association fees include management fee, swimming, tennis
  • Rivermist Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,486

Year Built

Built in 2002

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • District: 2
  • Section: 1
  • Year Built: 2002
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • GreenEnergyEfficient: Appliances, Thermostat
  • Levels: Two
  • Lot Size Acres: 2.00
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 5088
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Refrigerator
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Total Finished Sq Ft: 5088
  • Above Grade Finished Sq Ft: 5088
  • Interior Amenities: Bookcases, Double Vanity, High Ceilings, Pulldown Attic Stairs, Separate Shower, Tray Ceiling(s), Two Story Foyer, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Factory Built, Family Room
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room, Kitchen Island, Solid Surface Counters, Walk-in Pantry
  • Price Per Square Foot: 186.713

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Lower Level: 1

Exterior Features

  • Waterfront Frontage: 195
  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • ExteriorFeatures: Sprinkler System
  • Fencing: Back Yard, Fenced
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac, Level, Private, Sloped
  • Patio And Porch Features: Deck, Patio, Screened
  • Property Condition: Resale
  • Roof: Composition
  • View: River
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Zoned
  • Laundry Features: In Hall
  • Security Features: Security System, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 750
  • Association: Yes
  • Community Features: Clubhouse, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s), Walk To Schools, Walk To Shopping

Fee Information

  • Initiation Fee: 197
  • Association Fee Includes: Management Fee, Swimming, Tennis

Schools

  • Elementary School: Settles Bridge
  • High School: Lambert
  • High School Bus: Yes
  • Middle School: Riverwatch
  • Middle School Bus: Yes
  • Elementary School: Settles Bridge
  • Middle School: Riverwatch
  • High School: Lambert

Lot Info

  • Land Lot: 864
  • Lot: 57
  • Deed Book: 9175
  • Deed Page: 670
  • Plat Book: 62
  • Plat Page: 196-203

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6486

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 17, 2024
Sold by
Rasche David T and Rasche Mimi S
Bought by
Ji Chunhui and Tan Jinjin
Seller's Agent
David Rasche
Method Real Estate Advisors
Buyer's Agent
Jinghui Fan
Virtual Properties Realty.com
List Price
$950,000
Sold Price
$950,000
Views
20
Current Estimated Value
$948,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,162
Avg. Annual Appreciation
0.24%

Purchase Details

Listed on
Oct 31, 2019
Closed on
Jan 7, 2020
Sold by
Quick Jeffrey
Bought by
Rasche David T and Rasche Mimi S
Seller's Agent
Ed Rivers
Sloan & Company Real Estate, LLC
Buyer's Agent
Matthew Mitchell
NOT A VALID MEMBER
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$479,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Bronson R Marshall R and Bronson Rebecca
Bought by
Quick Jeffrey and Quick Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2001
Sold by
Home Run Two Llc
Bought by
Peachtree Residential Prop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
7.12%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Special Warranty Deed $950,000 None Listed On Document
Warranty Deed $515,000 --
Deed $367,500 --
Deed $234,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Previous Owner $479,000 New Conventional
Previous Owner $60,000 No Value Available
Previous Owner $315,000 New Conventional
Previous Owner $12,000 Stand Alone Second
Previous Owner $332,000 Stand Alone Second
Previous Owner $54,500 Stand Alone Second
Previous Owner $294,000 New Conventional
Previous Owner $325,000 Stand Alone Second
Previous Owner $255,950 Stand Alone Second
Previous Owner $44,000 Stand Alone Second
Previous Owner $44,350 New Conventional
Previous Owner $1,070,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $950,000 0.0% $187 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $950,000 +84.5% $187 / Sq Ft
01/07/2020 01/07/20 Sold $515,000 -1.9% $158 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $525,000 -- $161 / 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 $7,215 $324,972 $74,000 $250,972
2023 $6,486 $302,844 $74,000 $228,844
2022 $6,222 $203,256 $40,000 $163,256
2021 $5,613 $203,256 $40,000 $163,256
2020 $4,626 $182,836 $48,000 $134,836
2019 $4,612 $181,772 $48,000 $133,772
2018 $4,295 $165,832 $32,000 $133,832
2017 $4,014 $151,736 $32,000 $119,736
2016 $3,972 $149,736 $30,000 $119,736
2015 $3,979 $149,736 $30,000 $119,736
2014 $3,574 $139,356 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Rasche

    Seller's Agent in 2024

    David Rasche

    Method Real Estate Advisors

    (470) 562-7538

    2 in this area

    3 Total Sales

    Section Image
  • Jinghui Fan

    Buyer's Agent in 2024

    Jinghui Fan

    Virtual Properties Realty.com

    (770) 595-7406

    7 in this area

    54 Total Sales

    Section Image
  • Ed Rivers

    Seller's Agent in 2020

    Ed Rivers

    Sloan & Company Real Estate, LLC

    (678) 464-3145

    1 in this area

    24 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Matthew Mitchell

    NOT A VALID MEMBER

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10310037

Georgia MLS

APN: 204-085

Georgia Forsyth County Suwanee 30024

840 River Trace Ct, Suwanee, GA

This home is located at 840 River Trace Ct, Suwanee, GA 30024 and is currently priced at $950,000, approximately $186 per square foot. This property was built in 2002. 840 River Trace Ct is a home located in Forsyth County with nearby schools including Settles Bridge Elementary School, Riverwatch Middle School, and Lambert High School.

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