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1198 Lake Point Way, Suwanee, GA, 30024

$440,000

Home List Price

$5,225*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
Townhouse

Location

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1198 Lake Point Way, Suwanee$440,000

Buyer Closing Credits

$5,225*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage, Garage Door Opener, Kitchen Level
Year Built2012
HeatingElectric, Natural Gas
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceGas Log
ViewCity
MLS #10424555
Lot Size0.09 Acres
StatusActive
(New)

About 1198 Lake Point Way

This 3-bedroom, 3.5-bathroom end-unit townhome offers a blend of privacy and convenience in a sought-after Suwanee swim and tennis community. The main level features an open floor plan with hardwood flooring, a family room with a cozy fireplace, a kitchen with granite countertops, and access to a back deck for outdoor enjoyment. Upstairs, the home offers three bedrooms, including an oversized primary suite with a spacious ensuite bathroom. The fully finished basement boasts a wet bar tucked under the stairs and opens to a patio under the main deck, providing a perfect space for grilling or relaxing. Community amenities include lawn maintenance, a pool, tennis courts, a clubhouse, a park, a pet area, a fitness room, and scenic walking trails. Conveniently located within walking distance to shopping and dining, this home is move-in ready and perfectly situated to enjoy everything the neighborhood has to offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Brick Front, Traditional
  • Year Built: 2012

Listing Office:

  • Office Name: Redfin Corporation
  • Listing Agent: Pamela O'Connor-Smith

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Double Vanity, High Ceilings, Walk-In Closet(s), Wet Bar
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Attached Garage: No
  • Parking: Garage, Garage Door Opener, Kitchen Level

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Merge on I-85 N and take exit 108 for Sugarloaf Parkway. Merge onto Sugarloaf Parkway, then turn right onto Peachtree Industrial Boulevard. Turn right onto Station Center Boulevard, then left onto Lake Point Way. Follow Lake Point Way, and the destination will be on the left at 1198 Lake Point Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $440,000

Tax Information:

  • Annual Amount: $3,190
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Suwanee, GA.

Med. Sold Price

$630.1K

Med. Price/SqFt

$218

Avg. Days On Market

27

# of Sold Homes

67

1198 Lake Point Way vs Suwanee

2 DAYS ON ROCKET

-25 Days

$440,000

-$190.1K Less

KEY TAKEAWAY

This property is $190.1K less than the Median Sold Price in Suwanee, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10424555

Listing Office:

  • Office Name: Redfin Corporation
  • Listing Agent: Pamela O'Connor-Smith

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 15, 2019Home Sold
$268,000
Mar 07, 2013Home Sold
$181,000
Aug 01, 2012Home Sold
$33,000
Mar 25, 2010Home Sold
$18,780

Tax History

YEARPROP. TAXASSESSMENT
2021$3,190$114,760
2019$3,091$102,280
2018$2,293$95,840
2017$2,248$87,280

History based on county public records data.

Payment Calculator

$2,264

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,386

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1754017
7
/10
  • Burnette Elementary School

  • 3221 McGinnis Ferry Rd

  • 1.62 miles

  • Public District Grades KG-5

school-card-donut-1754018
8
/10
  • Parsons Elementary School

  • 1615 Old Peachtree Rd NW

  • 1.81 miles

  • Public District Grades KG-5

school-card-donut-1754019
9
/10
  • Suwanee Elementary School

  • 3875 Smithtown Rd

  • 2.04 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,149. The majority of Suwanee, GA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1198 Lake Point Way

What is the listing price of this property?

The listing price of 1198 Lake Point Way property is $440,000.

What type of property is this?

The property 1198 Lake Point Way is a townhouse located in Suwanee, Georgia, 30024.

Is this property for sale now?

Active Listing: 1198 Lake Point Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,190 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 15, 2019 for $268,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1198 Lake Point Way has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The sq. ft. of 1198 Lake Point Way is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 1198 Lake Point Way is 2012.

Rocket Homes›Georgia›Gwinnett County›Suwanee›30024›1198 Lake Point Way

This home is located at 1198 Lake Point Way in Suwanee, GA and zip code 30024 in the Suwanee Station neighborhood. This home, which was built in 2012, sits on a 0.09 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $440,000.

While more than 15 listings in Suwanee, GA in November 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 41 were sold below. The number of homes for sale in Suwanee, GA increased by 0.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $630,107, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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