NOT LISTED FOR SALE

1182 Estates Dr Gainesville, GA 30501

Estimated Value: $732,000 - $849,000

1.25 Acres
$645,311 Price per Acre
54,450 Sq Ft Lot

Last Sold April 05, 2019

Last sale price $135,000

Est. 498% increase in value since last sale

Current estimated payment $4,930/month

585 Days on Market

Highlights

  • Cul-De-Sac
  • Level Lot
  • Grass Covered Lot

About This Lot

As of April 2019

The Estates on Riverside is an Enclave of 5 homes & 3 estate lots in the heart of downtown Gainesville. The Estates is located along Riverside Drive, one of the most famous streets in Gainesville. From this home site is an easy walk to historic Green Street, downtown Gainesville square, the Brenau University Area, to shopping, restaurants, churches, several parks, Enota Elementary School, and even Lake Lanier lies at the end of Riverside Drive. If you would like the recommendation of a fantastic home builder, call us anytime.

Last Agent to Sell the Property

Brad Abernathy

NOT A VALID MEMBER Listed on: 08/15/2017

Last Buyer's Agent

Brad Abernathy

NOT A VALID MEMBER Listed on: 08/15/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,303

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 55x281x419x446
  • Cul-De-Sac
  • Level Lot
  • Grass Covered Lot
  • Property is zoned R1

Schools

  • Enota Multiple Intelligences Academy Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • The Estates On Riverside Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 01
  • Assessor Parcel Number 01077 001044

Property Details

Property Type

Land

Est. Annual Taxes

$1,303

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Sidewalks, Street Lights
  • Subdivision Complex: The Estates on Riverside

Lot Info

  • Acres: 1.2500
  • Lot: 6
  • Current Zoning: R1
  • Lot Features: Cul-De-Sac, Curbs & Gutters, Level, Sidewalk
  • Lot Dimensions: 55x281x419x446
  • Parcel Number: 01077 001044
  • Price Acre Dollar: 108000.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 1303.00
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Enota Multiple Intelligences Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Apr 5, 2019
Sold by
Cannon Suzanne R
Bought by
Armstrong James R and Armstrong Patti S
Seller's Agent
Brad Abernathy
NOT A VALID MEMBER
Buyer's Agent
Brad Abernathy
NOT A VALID MEMBER
List Price
$240,000
Sold Price
$135,000
Premium/Discount to List
-$105,000
-43.75%
Current Estimated Value
$806,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,639
Avg. Annual Appreciation
30.84%

Purchase Details

Closed on
May 6, 2014
Sold by
Rdw Investments Llc
Bought by
Cannon Suzanne R

Purchase Details

Closed on
Jan 27, 2006
Sold by
Whitson Sheryl A
Bought by
Rdw Investments Llc

Purchase Details

Closed on
Oct 14, 2004
Sold by
Parks Thomas W
Bought by
Whitson Sheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2004
Sold by
Parks Thomas W and Parks Amy C
Bought by
Parks Thomas W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Armstrong James R $135,000 --
Cannon Suzanne R $175,000 --
Rdw Investments Llc $242,500 --
Whitson Sheryl A $165,000 --
Parks Thomas W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitson Sheryl A $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $135,000 -6.9% --
03/23/2019 03/23/19 Pending -- -- --
11/21/2018 11/21/18 Price Changed $145,000 -25.6% --
08/01/2018 08/01/18 Price Changed $195,000 -2.5% --
06/19/2018 06/19/18 Price Changed $200,000 -11.1% --
04/09/2018 04/09/18 Price Changed $225,000 -6.3% --
08/15/2017 08/15/17 For Sale $240,000 -- --
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 $8,199 $286,280 $50,560 $235,720
2023 $1,105 $275,480 $50,560 $224,920
2022 $1,061 $225,240 $50,560 $174,680
2021 $862 $165,600 $50,560 $115,040
2020 $1,520 $50,560 $50,560 $0
2019 $1,543 $50,560 $50,560 $0
2018 $300 $50,560 $50,560 $0
2017 $339 $50,560 $50,560 $0
2016 $1,532 $50,560 $50,560 $0
2015 $522 $67,240 $67,240 $0
2014 $522 $26,880 $26,880 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5895109

First Multiple Listing Service (FMLS)

APN: 01-00077-01-046