NOT LISTED FOR SALE

1056 E Lake Dr Gainesville, GA 30506

Lake District Neighborhood

Estimated Value: $557,000 - $641,000

4 Beds
3.5 Baths
3,680 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $308,000 $84 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,704/month

94 Days on Market

Highlights

  • Private Lot
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Stone Countertops

About This Home

As of September 2018

Stately traditional home on a beautiful corner lot close to Lake Lanier, Chattahoochee Country Club, shopping and schools. A favorite spot will be the covered back porch overlooking a private wooded back yard. The two story entry foyer opens to a lovely staircase and the warm and inviting family room has a brick front fireplace. Hardwood flooring flows into main level master suite. In addition to three bedrooms and two baths upstairs, the huge bonus room is perfect for work at home, a hobby or recreation room. Bright, eat-in kitchen is next to a huge laundry room/pantry

Last Agent to Sell the Property

Kim Waters

The Norton Agency License #147810 Listed on: 05/21/2018

The Norton Agency

Last Buyer's Agent

Brad Abernathy

The Norton Agency

The Norton Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1993

Lot Details

  • 0.58 Acre Lot
  • Landscaped
  • Private Lot
  • Corner Lot
  • Irrigation Equipment

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,680 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Shower Only

Schools

  • Sardis Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Air Source Heat Pump
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Enclosed patio or porch

Community Details

  • East Lake Estates Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 10107 000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,661

Year Built

Built in 1993

Lot Details

0

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: 1993
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Double Oven, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer, High Speed Internet
  • Basement: Crawl Space
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Pantry Walk-In, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3680.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Enclosed

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Subdivision Complex: East Lake Estates

Schools

  • Elementary School: Sardis
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Acres: 0.5764
  • Lot: 6
  • Land/Lot: 107
  • Section G M D: 00
  • Deed Book: 7230
  • Deed Page: 271
  • Plat Book: 244
  • Plat Page: 31A
  • Lot Features: Corner Lot, Landscaped, Private
  • Lot Dimensions: .58 Acre
  • Parcel Number: 10107 000050
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 2661.00
  • Assessor Parcel Number: 10-00107-00-050
  • Close Date: 2018-09-24
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sardis
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Sep 24, 2018
Sold by
1056 East Lake Properties Llc
Bought by
Coates Elizabeth C
Seller's Agent
Kim Waters
The Norton Agency
Buyer's Agent
Brad Abernathy
The Norton Agency
List Price
$425,000
Sold Price
$308,000
Premium/Discount to List
-$117,000
-27.53%
Current Estimated Value
$596,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,016
Avg. Annual Appreciation
10.12%
Original Mortgage
$223,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2013
Sold by
Vickery Joel Wayne
Bought by
1056 East Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 1993
Sold by
Vickery Wayne
Bought by
Vickery Joel Wayne and Vickery Angela B
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Coates Elizabeth C $308,000 --
1056 East Properties Llc $320,000 --
Vickery Joel Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coates Elizabeth C $222,500
Closed Coates Elizabeth C $223,000
Previous Owner 1056 East Properties Llc $295,000
Previous Owner Vickery Joel Wayne $75,000
Previous Owner Vickery Joel Wayne $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $308,000 -0.6% $84 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/19/2018 08/19/18 Price Changed $310,000 -11.2% $84 / Sq Ft
08/08/2018 08/08/18 Price Changed $349,000 -2.8% $95 / Sq Ft
07/30/2018 07/30/18 Price Changed $359,000 -10.2% $98 / Sq Ft
06/01/2018 06/01/18 Price Changed $399,900 -5.9% $109 / Sq Ft
05/21/2018 05/21/18 For Sale $425,000 0.0% $115 / Sq Ft
12/01/2012 12/01/12 Rented $1,700 0.0% --
11/01/2012 11/01/12 Under Contract -- -- --
08/03/2012 08/03/12 For Rent $1,700 -- --
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 $4,869 $196,240 $23,640 $172,600
2023 $4,008 $177,200 $23,640 $153,560
2022 $3,562 $137,480 $16,960 $120,520
2021 $3,521 $131,480 $16,960 $114,520
2020 $3,467 $125,680 $16,960 $108,720
2019 $3,431 $136,080 $16,960 $119,120
2018 $3,897 $135,760 $16,960 $118,800
2017 $2,661 $92,868 $7,440 $85,428
2016 $2,598 $92,868 $7,440 $85,428
2015 $2,619 $92,868 $7,440 $85,428
2014 $2,619 $92,868 $7,440 $85,428
Source: Public Records

Agents Affiliated with this Home

  • Kim Waters

    Seller's Agent in 2018

    Kim Waters

    The Norton Agency

    (770) 540-3788

    19 in this area

    170 Total Sales

    Kim Waters
    Section Image
  • Brad Abernathy

    Buyer's Agent in 2018

    Brad Abernathy

    The Norton Agency

    (770) 297-4800

    54 in this area

    267 Total Sales

    Brad Abernathy
    Section Image

  • K

    Seller's Agent in 2012

    KATHLINE COLLINS

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6015398

First Multiple Listing Service (FMLS)

APN: 10-00107-00-050

Georgia Hall County Gainesville 30506 Lake District

1056 E Lake Dr, Gainesville, GA

This home is located at 1056 E Lake Dr, Gainesville, GA 30506 since 21 May 2018 and is currently estimated at $596,016, approximately $161 per square foot. This property was built in 1993. 1056 E Lake Dr is a home located in Hall County with nearby schools including Sardis Elementary School, Chestatee Middle School, and Chestatee High School.

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