NOT LISTED FOR SALE

1550 Patten Dr Gainesville, GA 30501

Estimated Value: $427,000 - $618,680

4 Beds
4 Baths
-- Sq Ft
0.73 Acres

Last Sold June 24, 2022

Last sale price $85,000

Est. 496% increase in value since last sale

Current estimated payment $3,004/month

Highlights

  • Ocean View
  • Deep Water Access
  • Community Lake
  • Lake Front
  • Lake On Lot
  • Stream or River on Lot

About This Home

As of June 2022

BEST PRICED LAKE LOT with Dock Permit in Gainesville !! located easy access to Hwy 60 north or Downtown Gainesville square , Lot is wooded and lot line close to water , includes dock permit for 10 X 22 ft dock ( no dock included) bring your builder No covenants or restrictions fronts lake Lanier lot is +/- .73 acres . mostly hardwoods ,

Last Agent to Sell the Property

David McKinley

Keller Williams Lanier Partners License #173680 Listed on: 04/06/2021

Keller Williams Lanier Partners

Last Buyer's Agent

David McKinley

Keller Williams Lanier Partners License #173680 Listed on: 04/06/2021

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,811

Year Built

  • Built in 1800

Lot Details

  • 0.73 Acre Lot
  • Lake Front
  • River Front
  • Property fronts a county road
  • Steep Slope

Property Views

  • Ocean
  • River
  • Lake

Home Design

  • Ranch Style House
  • Frame Construction
  • Cement Siding
  • Vinyl Siding

Outdoor Features

  • Deep Water Access
  • Stream or River on Lot
  • Lake On Lot

Schools

  • Centennial Arts Academy Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Phone Available

Community Details

  • Wofford Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 01111 001083

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,811

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1800
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Spa Features: None
  • Window Features: None

Exterior Features

  • Construction Materials: Cement Siding, Frame, Vinyl Siding
  • View: Lake, Ocean, River
  • Foundation: None

Utilities

  • Water Source: Public
  • Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Lake, Street Lights
  • Subdivision Complex: Wofford

Schools

  • Elementary School: Centennial Arts Academy
  • Middle School: Gainesville
  • High School: Gainesville

Lot Info

  • Acres: 0.7300
  • Lot: 9
  • Land/Lot: 156
  • Deed Book: 7234
  • Deed Page: 704
  • Plat Book: 72
  • Plat Page: 120
  • Lot Features: Lake On Lot, Steep Slope, Stream or River On Lot
  • Parcel Number: 01111 001083
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Assessor Parcel Number: 01-00111-01-083
  • Close Date: 2022-06-24
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Lake, Lake Front, River Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Centennial Arts Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Covey Dana W Trust
Bought by
Covey Lynn Jr Tr
Current Estimated Value
$506,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$97,583
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$409,087

Purchase Details

Closed on
Feb 11, 2024
Sold by
Covey Lynn
Bought by
Covey Dana W Trust and Covey Dana W

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 24, 2022
Sold by
Chester Jason D
Bought by
Covey Lynn and Covey Dana
Seller's Agent
David McKinley
Keller Williams Lanier Partners
Buyer's Agent
David McKinley
Keller Williams Lanier Partners
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.34%

Purchase Details

Closed on
Jun 27, 2013
Sold by
Chester Daniel L
Bought by
Chester Jason D

Purchase Details

Listed on
Nov 18, 2011
Closed on
Jun 1, 2012
Sold by
Suntrust Bank
Bought by
Chester Daniel L
Seller's Agent
Jerald Zwak
Jerald Zwak Gemstone Realty
Buyer's Agent
Jerald Zwak
Jerald Zwak Gemstone Realty
List Price
$12,500
Sold Price
$5,500
Premium/Discount to List
-$7,000
-56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.33%

Purchase Details

Closed on
Jun 6, 2010
Sold by
Wright Dennis
Bought by
Suntrust Bk

Purchase Details

Closed on
Jul 9, 2008
Sold by
Wright Dennis
Bought by
Cheryl W Roberts Trustee

Purchase Details

Closed on
May 21, 2007
Sold by
Wright Dennis
Bought by
Roberts Cherly W Trustee
Source: Public Records

Range of Values:

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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
Covey Lynn Jr Tr -- --
Covey Lynn -- --
Covey Dana W Trust -- --
Covey Lynn $85,000 --
Chester Jason D -- --
Chester Daniel L $5,500 --
Suntrust Bk $27,625 --
Cheryl W Roberts Trustee -- --
Roberts Cherly W Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covey Lynn $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $85,000 -15.0% --
05/23/2022 05/23/22 Pending -- -- --
01/27/2022 01/27/22 Price Changed $100,000 +25.2% --
05/07/2021 05/07/21 Price Changed $79,900 -11.1% --
04/06/2021 04/06/21 For Sale $89,900 +1534.5% --
06/01/2012 06/01/12 Sold $5,500 -56.0% --
04/30/2012 04/30/12 Pending -- -- --
11/18/2011 11/18/11 For Sale $12,500 -- --
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 $3,811 $133,060 $54,880 $78,180
2023 $949 $32,340 $32,240 $100
2022 $84 $17,860 $17,760 $100
2021 $93 $17,860 $17,760 $100
2020 $537 $17,860 $17,760 $100
2019 $545 $17,860 $17,760 $100
2018 $106 $17,860 $17,760 $100
2017 $120 $17,860 $17,760 $100
2016 $541 $17,860 $17,760 $100
2015 $109 $17,860 $17,760 $100
2014 $109 $17,860 $17,760 $100
Source: Public Records

Agents Affiliated with this Home

  • David McKinley

    Seller's Agent in 2022

    David McKinley

    Keller Williams Lanier Partners

    (770) 540-1122

    55 Total Sales

    David McKinley
    Section Image

  • J

    Seller's Agent in 2012

    Jerald Zwak

    Jerald Zwak Gemstone Realty

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6865032

First Multiple Listing Service (FMLS)

APN: 01-00111-01-083

Georgia Hall County Gainesville 30501

1550 Patten Dr, Gainesville, GA

This home is located at 1550 Patten Dr, Gainesville, GA 30501 since 06 April 2021 and is currently estimated at $506,670. This property was built in 1800. 1550 Patten Dr is a home located in Hall County with nearby schools including Centennial Arts Academy, Gainesville Middle School, and Gainesville High School.

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