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3683 Lake Edge Drive

3683 Lake Edge Drive, Suwanee, GA 30024
Property in Gwinnett
Sold Sep 29, 2021
$658,900
$548,000 by Bay Equity
Mortgage Due Jan 01, 2051
Sold Sep 20, 2004
$324,000
$156,000 by Homebanc Mtg
Mortgage Due Sep 10, 2034
Local assessors in Suwanee, GA have categorized 3683 Lake Edge Drive as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 14,375 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3683 Lake Edge Drive has a total of 4,566 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,622 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3683 Lake Edge Drive sold most recently in Sep 29, 2021 for a total of $658,900. If you work out the math, that's approximately a cost of $144.31 per sqft. Before that, the property was also sold for $324,000 in Sep 10, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,299 in taxes each year. 3683 Lake Edge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $249,560. If we break it down further, the land itself was valued at $46,400. Improvements to the property, however, were assessed at a total of $203,160. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Concrete Exterior

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,622
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Frontage Feet: 860
  • Total Building Area: 4,566
  • Building Area: 4,566
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,566
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WESTBROOK
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L8 BJ WESTBROOKE @ MORNINGVIEW TR F #2

Ownership

  • Current Owner : ELIZABETH KURIAN D
  • Current Owner 2: VARGHESE RONNY
  • Previous Owner : ARNOLD ERIC J
  • Owner Before Previous Owner: AMERICAN INTL RELOCATION SOLUTI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050239

Zoning

  • Zoning: R75-SINGLE

Geography

  • District: 1
  • Subdivision Tract Number: F
  • Parcel: 7-214 -481
  • Block: J
  • Lot: 8
  • Municipality: COUNTY
  • Latitude: 34.0638
  • Longitude: -84.0373

    Address

  • Full Address: 3683 Lake Edge Dr
  • Address - House Number: 3683
  • Address - Street Name: Lake Edge
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R052
  • 4-Digit Zip Code: 7427
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,299

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 727,225
  • High Value: 830,490
  • Low Value: 623,961

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: BAY EQUITY
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Loan Amount: $548,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $623,900
  • Market Land Value: $116,000
  • Market Improvement Value: $507,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,560
  • Assessed Land Value: $46,400
  • Assessed Improvements Value: $203,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11861887093
  • Current Sale Price: $658,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-034393
  • Previous Sale Recording Date: Sep 20, 2004
  • Previous Sale Contract Date: Sep 10, 2004
  • Previous Sale Amount: $324,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY
  • First Mortgage Transaction Date: Sep 29, 2021
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMEBANC MTG
  • Previous Mortgage Transaction Date: Sep 20, 2004
  • Previous Mortgage Loan Amount: $156,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 10, 2034

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Frequently Asked Questions

What neighborhood is 3683 Lake Edge Drive located in?
The 3683 Lake Edge Drive is a located in the neighborhood of Gwinnett in Gwinnett, Suwanee.
What is the average sales price for listings in 3683 Lake Edge Drive?
The average sales price for units in 3683 Lake Edge Drive is $0 currently.

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