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5002 Cypress Point Drive

5002 Cypress Point Drive, Suwanee, GA 30024
Property in Gwinnett
Sold Jun 20, 2012
$150,000
$112,500 by Primary Capital Advisors Ltd C
Mortgage
Sold Jan 05, 2006
$214,700
$171,696 by Pulte Mtg Llc
Mortgage Due Nov 28, 2035
5002 Cypress Point Drive in Suwanee, GA was first built in 2006 and is 18 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5002 Cypress Point Drive has 2,124 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 380 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5002 Cypress Point Drive sold most recently in Jun 20, 2012 for a total of $150,000. If you work out the math, that's approximately a cost of $70.62 per sqft. Before that, the property was also sold for $214,700 in Nov 28, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,094 in taxes each year. 5002 Cypress Point Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $185,160. If we break it down further, the land itself was valued at $37,200. Improvements to the property, however, were assessed at a total of $147,960. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2006
  • Effective Year Built: 2006
  • Total Rooms: 7
  • 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: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,124
  • Building Area: 2,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,124
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TOWNSEND CREEK
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L48 TOWNSEND CREEK UN 4 PH D

Ownership

  • Current Owner : WANG QINGCHAO
  • Current Owner 2: LU WEI
  • Previous Owner : TUNGARE KEDAR P
  • Owner Before Previous Owner: PULTE HM CORP

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050119

Zoning

  • Zoning: R75CSO-SFR

Geography

  • District: 1
  • Subdivision Phase Number: D
  • Parcel: 7-288 -486
  • Block: B
  • Lot: 48
  • Municipality: COUNTY
  • Latitude: 34.0947
  • Longitude: -84.0671

    Address

  • Full Address: 5002 Cypress Point Dr
  • Address - House Number: 5002
  • Address - Street Name: Cypress Point
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Suwanee
  • Carrier Code: R037
  • 4-Digit Zip Code: 7618
  • Zip Code: 30024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,094

    Appraisal Valuation

  • Standard Deviation: 0.1431
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 470,066
  • High Value: 537,334
  • Low Value: 402,797

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,500
  • First Open Lien Mortgage Lender: PRIMARY CAPITAL ADVISORS LTD C
  • First Open Lien Mortgage Recording Date: Jun 20, 2012
  • First Open Lien Mortgage Loan Amount: $112,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $462,900
  • Market Land Value: $93,000
  • Market Improvement Value: $369,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,160
  • Assessed Land Value: $37,200
  • Assessed Improvements Value: $147,960

    Sales

  • Current Sale Contract Date: Jun 20, 2012
  • Current Sale Recording Date: Jun 20, 2012
  • Current Sale Transaction ID: 1124718636
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-019456
  • Previous Sale Recording Date: Jan 05, 2006
  • Previous Sale Contract Date: Nov 28, 2005
  • Previous Sale Amount: $214,700
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY CAPITAL ADVISORS LTD C
  • First Mortgage Transaction Date: Jun 26, 2012
  • First Mortgage Loan Amount: $112,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PULTE MTG LLC
  • Previous Mortgage Transaction Date: Jan 05, 2006
  • Previous Mortgage Loan Amount: $171,696
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 28, 2035

About Gwinnett



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Frequently Asked Questions

What neighborhood is 5002 Cypress Point Drive located in?
The 5002 Cypress Point Drive is a located in the neighborhood of Gwinnett in Gwinnett, Suwanee.
What is the average sales price for listings in 5002 Cypress Point Drive?
The average sales price for units in 5002 Cypress Point Drive is $0 currently.

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