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432 Suwanee Oaks Drive

432 Suwanee Oaks Drive, Suwanee, GA 30024
Property in Gwinnett
Sold Oct 08, 2020
$338,000
Buyer
Seller
$304,200 by United Wholesale
Mortgage Due Jan 01, 2050
Sold Mar 29, 2017
$270,000
Local assessors in Suwanee, GA have categorized 432 Suwanee Oaks Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 5,663 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 8 rooms in the home. Of these, 4 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 is one full bathroom. There are also 2 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 432 Suwanee Oaks Drive has a total of 2,358 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 brick 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, 432 Suwanee Oaks Drive sold most recently in Oct 8, 2020 for a total of $338,000. If you work out the math, that's approximately a cost of $143.34 per sqft. Before that, the property was also sold for $270,000 in Mar 29, 2017. 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 $6,735 in taxes each year. 432 Suwanee Oaks Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $180,160. If we break it down further, the land itself was valued at $36,800. Improvements to the property, however, were assessed at a total of $143,360. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,084
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,358
  • Building Area: 2,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,358
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TERRACE
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L4 BA SUWANEE TERRACE

Ownership

  • Current Owner : LIU JIAQUAN
  • Previous Owner : WU YAN BIN
  • Owner Before Previous Owner: LEE SONG WHA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RZT-S F R-

Geography

  • District: 1
  • Parcel: 7-233 -405
  • Block: A
  • Lot: 4
  • Municipality: COUNTY
  • Latitude: 34.0738
  • Longitude: -84.0447

    Address

  • Full Address: 432 Suwanee Oaks Dr
  • Address - House Number: 432
  • Address - Street Name: Suwanee Oaks
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R052
  • 4-Digit Zip Code: 3792
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,735

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 84
  • Final Value: 509,303
  • High Value: 578,275
  • Low Value: 440,332

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,200
  • First Open Lien Mortgage Lender: UNITED WHOLESALE
  • First Open Lien Mortgage Recording Date: Oct 17, 2020
  • First Open Lien Mortgage Loan Amount: $304,200
  • 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, 2050

    Market Valuation

  • Market Total Value: $450,400
  • Market Land Value: $92,000
  • Market Improvement Value: $358,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,160
  • Assessed Land Value: $36,800
  • Assessed Improvements Value: $143,360

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11795805620
  • Current Sale Price: $338,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-027415
  • Previous Sale Recording Date: Mar 29, 2017
  • Previous Sale Contract Date: Mar 29, 2017
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $304,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

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Frequently Asked Questions

What neighborhood is 432 Suwanee Oaks Drive located in?
The 432 Suwanee Oaks Drive is a located in the neighborhood of Gwinnett in Gwinnett, Suwanee.
What is the average sales price for listings in 432 Suwanee Oaks Drive?
The average sales price for units in 432 Suwanee Oaks Drive is $0 currently.

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