NOT LISTED FOR SALE

119 Mandalay Rd Gainesville, GA 30501

Estimated Value: $807,000 - $1,019,000

3 Beds
2.5 Baths
2,213 Sq Ft
$418/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2022

Last sale price $875,000 $395 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,558 / mo

2 Days on Market

Highlights

  • 77 Feet of Waterfront
  • Lake View
  • Deck
  • Deep Water Access
  • Community Lake
  • Wood Flooring

About This Home

As of September 2022

Welcome to your quintessential lake home. Located on Lake Lanier this home sits on 30 feet of deep water with its own private dock. Boasting 3 stories with vaulted ceilings on the main level this home provides lake views from almost every window. Sit back and enjoy the fire pit or the deep water party dock, both just steps from the house! Only 1 hour from downtown Atlanta this lake house will make the perfect retreat or a successful nightly rental. Home is being sold fully furnished! Home is even equipped with its own high speed electric car charger! Pull up, plug in and relax!

Last Agent to Sell the Property

Ryan Ross

Bolst, Inc. License #355875 Listed on: 08/15/2022

Bolst, Inc.

Last Buyer's Agent

Paul Washington

Keller Williams Realty Partners License #202096

Keller Williams Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,590

Year Built

  • Built in 1987

Lot Details

  • 10,890 Sq Ft Lot
  • 77 Feet of Waterfront
  • Lake Front
  • Sloped Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Great Room
  • Family Room
  • Loft
  • Lake Views

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Deep Water Access
  • Balcony
  • Deck
  • Patio

Schools

  • White Sulphur Elementary School
  • East Hall Middle School
  • East Hall High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakefront Lake Lanier Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 18-19

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,590

Year Built

Built in 1987

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • ArchitecturalStyle: Other
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Three Or More
  • Lot Size Acres: .25
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Basement: Daylight, Exterior Entry, Finished, Full
  • Interior Amenities: Other, Split Bedroom Plan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Hardwood, Tile
  • Kitchen Features: Kitchen Island

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 2

Exterior Features

  • Waterfront Frontage: 77
  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • ExteriorFeatures: Balcony, Other
  • Lot Features: Sloped
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition, Other
  • View: Lake
  • Waterfront Features: Deep Water Access

Garage/Parking

  • Parking Features: Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: In Basement
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: White Sulphur
  • High School: East Hall
  • High School Bus: Yes
  • Middle School: East Hall
  • Middle School Bus: Yes

Lot Info

  • Land Lot: 119
  • Lot: 18-19

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4590

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 2, 2022
Sold by
Mandalay House Llc
Bought by
Hatcher Steve and Hatcher Melissa
Seller's Agent
Ryan Ross
Bolst, Inc.
Buyer's Agent
Paul Washington
Keller Williams Realty Partners
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
3
Current Estimated Value
$924,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,782
Avg. Annual Appreciation
1.52%

Purchase Details

Listed on
Jun 9, 2021
Closed on
Dec 22, 2021
Sold by
Ali Karim
Bought by
Mandalay House Llc
Seller's Agent
BEVERLY KNIGHT
NOT A VALID MEMBER
Buyer's Agent
Ryan Ross
Bolst, Inc.
List Price
$825,000
Sold Price
$799,500
Premium/Discount to List
-$25,500
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%

Purchase Details

Listed on
Jun 9, 2021
Closed on
Dec 1, 2021
Sold by
Norton Darice
Bought by
Ali Karim
Seller's Agent
BEVERLY KNIGHT
NOT A VALID MEMBER
Buyer's Agent
Ryan Ross
Bolst, Inc.
List Price
$825,000
Sold Price
$799,500
Premium/Discount to List
-$25,500
-3.09%

Purchase Details

Listed on
Sep 14, 2020
Closed on
Nov 6, 2020
Sold by
Egan Robert
Bought by
Norton Darice and Norton Christopher
Seller's Agent
Cindy Fauci
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Darlene Plavcan
Keller Williams Lanier Partners
List Price
$639,978
Sold Price
$645,000
Premium/Discount to List
$5,022
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.22%
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2006
Sold by
Penvose Kenneth D
Bought by
Egans Robert and Egans Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2001
Sold by
Bailey Barbara J
Bought by
Penvose Kenneth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1997
Sold by
Birmingham Edward P and Birmingham Charlene A
Bought by
Bailey Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
7.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hatcher Steve $875,000 --
Mandalay House Llc -- --
Ali Karim $799,500 --
Norton Darice $645,000 --
Egans Robert $539,500 --
Penvose Kenneth D $320,000 --
Bailey Barbara J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton Darice $510,000
Previous Owner Egans Robert $400,000
Previous Owner Penvose Kenneth D $256,000
Previous Owner Bailey Barbara J $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2022 09/02/22 Sold $875,000 0.0% $395 / Sq Ft
09/02/2022 09/02/22 Sold $875,000 -2.7% $326 / Sq Ft View Prior Sale
08/17/2022 08/17/22 Pending -- -- --
08/17/2022 08/17/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $899,000 0.0% $406 / Sq Ft
07/25/2022 07/25/22 Price Changed $899,000 -5.3% $335 / Sq Ft
07/09/2022 07/09/22 For Sale $949,000 +18.7% $354 / Sq Ft
12/01/2021 12/01/21 Sold $799,500 0.0% $298 / Sq Ft View Prior Sale
10/12/2021 10/12/21 Price Changed $799,500 -3.1% $298 / Sq Ft
10/12/2021 10/12/21 Price Changed $825,000 0.0% $307 / Sq Ft
10/12/2021 10/12/21 For Sale $825,000 -2.9% $307 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $850,000 +6.3% $317 / Sq Ft
06/09/2021 06/09/21 Off Market $799,500 -- --
06/09/2021 06/09/21 For Sale $850,000 +31.8% $317 / Sq Ft
11/06/2020 11/06/20 Sold $645,000 +0.8% $291 / Sq Ft View Prior Sale
09/19/2020 09/19/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $639,978 0.0% $289 / Sq Ft
12/03/2014 12/03/14 Rented $2,350 0.0% --
11/03/2014 11/03/14 Under Contract -- -- --
08/14/2014 08/14/14 For Rent $2,350 0.0% --
10/17/2013 10/17/13 Rented $2,350 0.0% --
10/17/2013 10/17/13 For Rent $2,350 -- --
Source: Georgia MLS

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
2025 $7,862 $327,040 $152,320 $174,720
2024 $6,735 $269,960 $102,960 $167,000
2023 $6,492 $260,120 $102,960 $157,160
2022 $4,651 $177,920 $67,640 $110,280
2021 $4,590 $172,240 $67,640 $104,600
2020 $3,727 $135,280 $67,640 $67,640
2019 $3,737 $134,440 $67,640 $66,800
2018 $3,553 $123,560 $62,080 $61,480
2017 $3,437 $120,720 $62,080 $58,640
2016 $3,354 $120,720 $62,080 $58,640
2015 $2,604 $99,120 $40,480 $58,640
2014 $2,604 $137,440 $67,480 $69,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10082025

Georgia MLS

APN: 09-00119-00-010

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