$405,000
SOLD OCT 6, 2017

980 Lakefaire Landing Suwanee, GA 30024

5 Beds
4.5 Baths
4,437 Sq Ft
0.76 Acres

Recently Sold

$91 Per Sq Ft

6% Below List Price

Highlights

  • Lake Front
  • Home Theater
  • 0.76 Acre Lot
  • Level Creek Elementary School Rated A
  • Separate his and hers bathrooms
  • Community Lake

About This Home

As of July 2022

Walking trail to Restaurants, Starbucks and Shopping! Large/private 3/4 acre lot! Gorgeous LAKE views! Hardcoat Stucco, Hardiplank Siding & Copper Plumbing, Newer roof and HVAC. Like new with welcoming oversized foyer, Desirable and VERY Open floor plan w/real hardwoods freshly finished most of home! LARGE kitchen w/huge island open to breakfast rm & fireside family rm w/wall of windows. Private lake is HOA maintained. Full finished bsmnt with smooth ceilings & full bath with space to EASILY add wall for privt 5th bedrm if desired. Screen patio and stone slab steps.

Last Agent to Sell the Property

Katherine Morgan

RE/MAX Center License #257083 Listed on: 07/21/2017

RE/MAX Center

Co-Listed By

Tina Lyons

RE/MAX Center License #244574

Last Buyer's Agent

HEDY MAJOR

NOT A VALID MEMBER License #308818

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,735

Year Built

  • Built in 1996

Lot Details

  • 0.76 Acre Lot
  • Lake Front
  • Private Lot
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 4,437 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Screened Porch
  • Wood Flooring
  • Lake Views

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Dual Closets
  • Separate his and hers bathrooms
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near shops

Schools

  • Level Creek Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 25 / B
  • Assessor Parcel Number R7250 045

Community Details

Overview

  • $250 Initiation Fee
  • Shaben & Associates Association
  • Secondary HOA Phone (770) 271-2252
  • Lansfaire Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Swim Team
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,735

Year Built

Built in 1996

Lot Details

0

HOA Fees

$50 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: 1996
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets White, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 1 Story, Living Room, Media Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 4437.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Lower Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Deck, Front Porch, Patio, Screened
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: In Hall, Laundry Room

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Lake, Near Shopping, Near Trails/Greenway, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Management Company Email: Maureen@shabenandassociates.com
  • Management Phone: 770-271-2252
  • Subdivision Complex: Lansfaire

Association/Amenities

  • Management Company: Shaben & Associates

Schools

  • Elementary School: Level Creek
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Acres: 0.7600
  • Lot: 25
  • Land/Lot: 250
  • Deed Book: 50210
  • Deed Page: 323
  • Lot Features: Level, Private
  • Parcel Number: R7250 045
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Rental Info

  • Initiation Fee: 250

Tax Info

  • Taxes: 4735.00
  • Assessor Parcel Number: R7250-045
  • Close Date: 2017-10-06
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Level Creek
  • High School: North Gwinnett
  • Middle School: North Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 21, 2022
Sold by
Drobeck Robert Gregory
Bought by
Forney Christine Betron and Forney Sean Christopher
Seller's Agent
Eileen Hill
Keller Williams Realty Atlanta Partners
Buyer's Agent
Gail Butler
Keller Williams Realty Atlanta Partners
List Price
$689,000
Sold Price
$765,000
Premium/Discount to List
$76,000
11.03%
Current Estimated Value
$831,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,553
Avg. Annual Appreciation
2.65%
Original Mortgage
$550,000
Outstanding Balance
$527,056
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$304,497

Purchase Details

Listed on
Jul 21, 2017
Closed on
Oct 6, 2017
Sold by
Morgan Robert G
Bought by
Drobeck Robert Gregory
Seller's Agent
Katherine Morgan
RE/MAX Center
Buyer's Agent
HEDY MAJOR
NOT A VALID MEMBER
List Price
$430,000
Sold Price
$405,000
Premium/Discount to List
-$25,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%
Original Mortgage
$336,150
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $765,000 --
Warranty Deed $405,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Previous Owner $336,150 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $765,000 +11.0% $172 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $689,000 +70.1% $155 / Sq Ft
10/06/2017 10/06/17 Sold $405,000 -3.3% $91 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/31/2017 08/31/17 Price Changed $419,000 -0.2% $94 / Sq Ft
08/10/2017 08/10/17 Price Changed $420,000 -1.2% $95 / Sq Ft
07/26/2017 07/26/17 Price Changed $425,000 -1.2% $96 / Sq Ft
07/21/2017 07/21/17 For Sale $430,000 -- $97 / 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 $9,539 $283,920 $48,000 $235,920
2023 $9,539 $263,480 $48,000 $215,480
2022 $7,460 $236,640 $44,000 $192,640
2021 $6,375 $179,160 $31,800 $147,360
2020 $6,417 $179,160 $31,800 $147,360
2019 $6,197 $179,160 $31,800 $147,360
2018 $5,722 $159,120 $36,400 $122,720
2016 $4,735 $147,840 $36,400 $111,440
2015 $4,652 $142,120 $30,400 $111,720
2014 $4,525 $135,320 $27,000 $108,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5882349

First Multiple Listing Service (FMLS)

APN: 7-250-045