NOT LISTED FOR SALE

939 Lakemere Crest Suwanee, GA 30024

Estimated Value: $697,000 - $780,000

4 Beds
3.5 Baths
2,446 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $375,000 $153 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,640/month

21 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Deck
  • Settles Bridge Elementary School Rated A
  • Clubhouse
  • Traditional Architecture

About This Home

As of October 2020

BACK ON MARKET Price reduced! This home is priced over $100k below comps. Huge investment opportunity in highly sought after Grand Cascades. Located in the Award Winning Lambert High School district. This is a wise buy for the savvy buyer. It would be very easy to update and flip it or update it and enjoy knowing you have great equity. This home features hardwood floors throughout the main level as well as the owner's suite. All new carpet in secondary bedrooms and freshly painted interior and exterior. Granite countertops, heavy trim lots of natural light. The terrace level is finished cul-de-sac lot with plenty of privacy. Grand Cascades Amenities include; a Junior Olympic Pool, Toddler Pool, Playground, Fitness Room, Walking Trails Along the Chattahoochee River, Sports Complex with Baseball, Soccer, Half Court Basketball and Sand Volleyball, Two Fishing Lakes, 6 Tennis Courts with Pavilions.

Last Listed By

Shannon Marciano

Marciano and Company Real Estate License #267268 Listed on: 07/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1995

Lot Details

  • 0.59 Acre Lot
  • Cul-De-Sac
  • Private Entrance
  • Private Yard

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,446 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on upper level

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Tax Lot 319
  • Assessor Parcel Number 180 206

Community Details

Overview

  • $1,340 Initiation Fee
  • Grand Cascades Subdivision
  • Rental Restrictions
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,909

Year Built

Built in 1995

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1995
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2446.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Split Bedroom Plan
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Lake, Park, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 1340
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Grand Cascades

Schools

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

Lot Info

  • Acres: 0.5900
  • Lot: 319
  • Land/Lot: 00
  • Section G M D: 00
  • Deed Book: 2073
  • Deed Page: 177
  • Lot Features: Cul-De-Sac
  • Parcel Number: 180 206
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1340

Tax Info

  • Taxes: 3909.00
  • Assessor Parcel Number: 180-000-206
  • Close Date: 2020-10-07
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Costache Virgil D
Bought by
Costache Virgil D and Dragalina Gabriela Monica
Total Days on Market
21
Current Estimated Value
$731,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$49,359
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
Estimated Equity
$681,870

Purchase Details

Listed on
Jul 25, 2020
Closed on
Oct 7, 2020
Sold by
Morris Joseph
Bought by
Costache Virgil D
Seller's Agent
Shannon Marciano
Marciano and Company Real Estate
Buyer's Agent
Shannon Marciano
Marciano and Company Real Estate
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2001
Sold by
Morris Joseph
Bought by
Morris Joseph and Morris Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,951
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 1998
Sold by
Harwell Hoyt G G and Harwell Hoyt Kristen L
Bought by
Gilman Ricky J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1995
Sold by
Wieland Homes
Bought by
Harwell Hoyt Kristen

Purchase Details

Closed on
Jul 14, 1995
Sold by
Macauley Props
Bought by
John Wieland Homes

Range of Values:

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Average Value
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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
Costache Virgil D -- Priority Title
Costache Virgil D $375,000 --
Morris Joseph -- --
Morris Joseph -- --
Gilman Ricky J $217,000 --
Harwell Hoyt Kristen $198,300 --
John Wieland Homes $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costache Virgil D $50,000
Previous Owner Costache Virgil D $300,000
Previous Owner Morris Joseph $189,200
Previous Owner Morris Joseph $186,951
Previous Owner Morris Joseph $181,600
Previous Owner Gilman Ricky J $173,600
Closed Harwell Hoyt Kristen $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $375,000 0.0% $153 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $375,000 -6.3% $153 / Sq Ft
08/13/2020 08/13/20 For Sale $400,000 0.0% $164 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $400,000 -- $164 / 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
2024 $5,684 $271,600 $70,000 $201,600
2023 $4,963 $249,592 $60,000 $189,592
2022 $4,917 $150,000 $35,400 $114,600
2021 $4,142 $150,000 $35,400 $114,600
2020 $4,088 $148,032 $40,000 $108,032
2019 $4,072 $147,252 $40,000 $107,252
2018 $3,909 $141,356 $40,000 $101,356
2017 $3,592 $129,432 $30,000 $99,432
2016 $3,414 $122,992 $30,000 $92,992
2015 $3,420 $122,992 $30,000 $92,992
2014 $3,046 $115,056 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6757626

First Multiple Listing Service (FMLS)

APN: 180-206