NOT LISTED FOR SALE

2227 Lake Ranch Ct Gainesville, GA 30506

Estimated Value: $924,104 - $1,255,000

5 Beds
4 Baths
3,712 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $525,000 $141 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $6,229/month

6 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Covered dock with two slips
  • Second Kitchen
  • Cartersville Primary School Rated A-
  • Deep Water Access
  • Open-Concept Dining Room

About This Home

As of April 2015

This spectacular lakefront home with deep water double Slip party dock has the best of everything, and perched right on the water for true lake living. A master creation with two complete homes in one. Both levels with Full length windows and lakeside screen porches show panoramic views. 2 kitchens, 2 great rooms, 5 bedrooms and 4 bath rooms. Open flowing floor plan for unforgettable good times. Master suite has large private sitting area and luxurious spa bath. Best of all- centrally located just minutes to shopping and restaurants

Last Agent to Sell the Property

Rhonda Forbes

Keller Williams Lanier Partners License #259746 Listed on: 03/13/2015

Keller Williams Lanier Partners

Last Buyer's Agent

Jacqueline Powalowski

Sanders RE, LLC License #280086

Sanders RE, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,211

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 120x153
  • 120 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Irrigation Equipment

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 3,712 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Home Office
  • Game Room
  • Workshop
  • Screened Porch
  • Wood Flooring
  • Lake Views

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 3 Main Level Bedrooms
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Boat door in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Accessible Home Design

  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with two slips
  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 42 / A
  • Assessor Parcel Number 10093 000003

Community Details

Overview

  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,211

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 2002
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Beamed Ceilings, Central Vacuum, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Speed Internet, Wet Bar
  • Basement: Bath/Stubbed, Boat Door, Daylight, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Second Kitchen, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Great Room - 1 Story, Office, Workshop
  • Dining Room Features: Open Concept, Seats 12+
  • Square Footage: 3712.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Sitting Room
  • Lower Bedrooms: 2
  • Main Bedrooms: 3
  • Total Full Baths: 4
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 120
  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Screened
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage, Kitchen Level, Storage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Main Level, Mud Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Lot Info

  • Lot: 42
  • Section G M D: D
  • Plat Book: 27
  • Plat Page: 159
  • Lot Features: Level
  • Lot Dimensions: 120x153
  • Parcel Number: 10093 000003
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat, Windows

Tax Info

  • Taxes: 5211.00
  • Tax Year: 2014

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 20, 2015
Sold by
Gronas Terje
Bought by
Feldkamp Louis E and Feldkamp Beverly K
Seller's Agent
Rhonda Forbes
Keller Williams Lanier Partners
Buyer's Agent
Jacqueline Powalowski
Sanders RE, LLC
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$1,142,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,276
Avg. Annual Appreciation
7.59%
Original Mortgage
$417,000
Outstanding Balance
$322,525
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$819,751

Purchase Details

Closed on
Aug 29, 2011
Sold by
South Michael A
Bought by
South Terje

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
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2005
Sold by
Longley David R and Longley Margaret
Bought by
South Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2004
Sold by
Drew Walter R
Bought by
Longley David R and Longley Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,200
Interest Rate
5.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feldkamp Louis E $525,000 --
South Terje $500,000 --
South Michael A $683,000 --
Longley David R $619,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldkamp Louis E $417,000
Previous Owner South Terje $400,000
Previous Owner South Michael A $308,000
Previous Owner Longley David R $495,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2015 04/20/15 Sold $525,000 0.0% $141 / Sq Ft
03/21/2015 03/21/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $525,000 -- $141 / Sq Ft
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 $2,566 $312,160 $139,240 $172,920
2023 $2,393 $304,280 $139,240 $165,040
2022 $1,974 $219,480 $79,560 $139,920
2021 $2,081 $219,480 $79,560 $139,920
2020 $2,085 $214,840 $79,560 $135,280
2019 $2,077 $208,680 $79,560 $129,120
2018 $1,998 $195,280 $74,360 $120,920
2017 $1,828 $189,520 $74,360 $115,160
2016 $1,644 $189,520 $74,360 $115,160
2015 $5,211 $189,520 $74,360 $115,160
2014 $5,211 $189,520 $74,360 $115,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5508638

First Multiple Listing Service (FMLS)

APN: 10-00093-00-003