NOT LISTED FOR SALE

2255 Sidney Dr Gainesville, GA 30506

Estimated Value: $1,537,000 - $1,868,000

5 Beds
7 Baths
6,754 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $740,000 $110 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $9,813/month

723 Days on Market

Highlights

  • 175 Feet of Waterfront
  • Deep Water Access
  • Pool House
  • Covered dock with two slips
  • Second Kitchen
  • Fishing

About This Home

As of October 2019

Now priced WAY below appraisal - Owner' s loss is your unbelievable gain! Incredible, private lakefront compound, perfect for the outdoor entertainer. Beautifully renovated with modern Mediterranean flair, great proximity to water's edge & lovely big water views year-round. Unique custom home features guest house (attached) w/elevator (great for in-laws & extended guest stays), outdoor kitchen & pavilion attached to sprawling pool patio o'looking Lake Lanier. Soaring ceilings, vast owner's wing, workout room, sauna, 3 en-suite BRs, crisp updated kitchen + windows & sky lights galore to let the lake views in. Sale includes adjacent lot to create 1.25 acres & 175' of lake frontage for a spectacular luxury retreat.

Last Agent to Sell the Property

BEVERLY KNIGHT

NOT A VALID MEMBER License #324127 Listed on: 08/23/2017

Co-Listed By

Dani Burns

Keller Williams Lanier Partners License #251739

Last Buyer's Agent

Darlene Plavcan

Keller Williams Lanier Partners License #349175

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,033

Year Built

  • Built in 1993

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 289x100x251x106
  • 175 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Private Lot
  • Irrigation Equipment

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 6,754 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the lower level
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Second Story Great Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Home Office
  • Computer Room
  • Bonus Room
  • Game Room
  • Sauna
  • Home Gym
  • Lake Views
  • Crawl Space
  • Intercom

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Entrance

Pool

  • Pool House
  • Fiberglass Pool

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with two slips
  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 10094 000038

Community Details

Overview

  • Sidney On Lanier Subdivision
  • Rental Restrictions
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,033

Year Built

Built in 1993

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern, Mediterranean
  • Property Condition: Resale
  • Year Built: 1993
  • Accessibility Features: Accessible Elevator Installed, Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room, Gas Log, Master Bedroom
  • Number Of Fireplaces: 3
  • Other Equipment: Intercom, Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Central Vacuum, Elevator, Entrance Foyer 2 Story, High Ceilings 10 ft Lower, His and Hers Closets, Sauna, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Kitchen Island, Pantry Walk-In, Second Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Exercise Room, Game Room, Great Room - 2 Story, Office
  • Dining Room Features: Seats 12+
  • Square Footage: 6754.00
  • Window Features: Skylight(s)

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Total Half Baths: 2
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Bidet, Double Vanity, Separate Tub/Shower, Skylights

Exterior Features

  • Other Structures: Pool House
  • Waterfront Frontage: 175
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Gas Grill
  • Pool Features: Fiberglass
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Driveway, Garage, Garage Faces Side

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Heat Pump, Zoned
  • Heating: Forced Air, Heat Pump, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Fishing, Lake, Street Lights
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Sidney On Lanier

Lot Info

  • Acres: 1.2500
  • Plat Book: 107
  • Plat Page: 60-1
  • Lot Features: Landscaped, Private
  • Lot Dimensions: 289x100x251x106
  • Parcel Number: 10094 000038
  • Property Attached Yn: No

Tax Info

  • Taxes: 11033.00
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake, Lake 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

Listed on
Aug 23, 2017
Closed on
Oct 4, 2019
Sold by
Edgell Robert M
Bought by
Dasappa Srinivasa Murthy and Gowda Grace Vedhakala
Seller's Agent
BEVERLY KNIGHT
NOT A VALID MEMBER
Buyer's Agent
Darlene Plavcan
Keller Williams Lanier Partners
List Price
$850,000
Sold Price
$740,000
Premium/Discount to List
-$110,000
-12.94%
Current Estimated Value
$1,683,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$943,063
Avg. Annual Appreciation
14.00%

Purchase Details

Closed on
Apr 24, 1998
Sold by
Cottrell Michael
Bought by
Cottrell Susan
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
Dasappa Srinivasa Murthy $740,000 --
Cottrell Susan -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $740,000 -12.9% $110 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $850,000 0.0% $126 / Sq Ft
08/13/2019 08/13/19 Price Changed $850,000 +14.9% $126 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
07/01/2019 07/01/19 Off Market $740,000 -- --
06/11/2019 06/11/19 Price Changed $950,000 -2.6% $141 / Sq Ft
04/02/2019 04/02/19 Price Changed $975,000 -2.0% $144 / Sq Ft
09/05/2018 09/05/18 Price Changed $995,000 -9.5% $147 / Sq Ft
06/14/2018 06/14/18 Price Changed $1,099,000 -8.0% $163 / Sq Ft
08/23/2017 08/23/17 For Sale $1,195,000 -- $177 / 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
2025 $11,839 $584,280 $269,720 $314,560
2024 $12,814 $447,720 $166,480 $281,240
2023 $1,601 $416,640 $149,840 $266,800
2022 $1,596 $340,720 $115,880 $224,840
2021 $1,531 $451,200 $99,880 $351,320
2020 $8,897 $387,880 $99,880 $288,000
2019 $11,528 $377,840 $99,880 $277,960
2018 $2,166 $365,120 $99,880 $265,240
2017 $2,074 $364,240 $96,520 $267,720
2016 $11,033 $364,240 $96,520 $267,720
2015 $6,874 $364,240 $96,520 $267,720
2014 $6,874 $364,240 $96,520 $267,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5898436

First Multiple Listing Service (FMLS)

APN: 10-00094-00-038