NOT LISTED FOR SALE

2425 Island Dr Gainesville, GA 30501

Estimated Value: $1,026,000 - $1,838,000

3 Beds
3.5 Baths
3,579 Sq Ft
$437/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $1,200,000 $335 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,184/month

306 Days on Market

Highlights

  • 131 Feet of Waterfront
  • Deep Water Access
  • In Ground Pool
  • Community Boat Dock
  • Open-Concept Dining Room
  • Lake View

About This Home

As of February 2021

Completely renovated and better than new, this well-built and very attractive lakeshore home feels like you're right on the water. Every room in the home provides expansive, long-range views of Lake Lanier with beautiful sunsets every evening. Renovations to the home include a totally new kitchen with large island, new cabinets, granite countertops, and upgraded stainless steel appliances. New hardwood floors throughout. Totally renovated owner's suite bathroom with free-standing bathtub and new shower. Totally new front entrance and new foyer to provide open spaces. Also conveniently located on The Island is the community boat dock where you can moor your boat all year long and on The Island is the lakeside community swimming pool with tanning deck.

And the location could not be better. While driving home, you can see in the northern horizon the north Georgia mountains including good, solid views of Mount Yonah and Wauka Mountain.

But beyond that, 2425 Island Drive is located just 3.6 miles north of downtown Gainesville; 3.4 miles to Lakeview Academy and 4.6 to Gainesville High School. This home is only 5.3 miles to I-985; 5.6 miles to the Chattahoochee Country Club; 3.8 miles to Luna's Restaurant on the downtown Square; 2.2 miles to Publix Grocery (who will deliver the groceries to your kitchen); 2.5 miles to Green's Grocery; and 3.9 miles to Northeast Georgia Medical Center.

Last Agent to Sell the Property

Todd Slaughter

Virtual Properties Realty.com License #168336 Listed on: 03/22/2020

Virtual Properties Realty.com

Last Buyer's Agent

Shanda McNeal

NOT A VALID MEMBER

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,353

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 86x159x131x135x20x17
  • 131 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Irrigation Equipment
  • Front Yard

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Roof
  • Cedar

Interior Spaces

  • 3,579 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Lake Views
  • Exterior Basement Entry
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Indoor Grill
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Kitchen
  • 220 Volts In Laundry

Parking

  • Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level
  • Secured Garage or Parking

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deep Water Access
  • Covered dock with one slips
  • Balcony
  • Deck
  • Outdoor Storage
  • Wrap Around Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • 110 Volts
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Property is near shops

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 01101 000007

Community Details

Overview

  • The Island Subdivision
  • Community Lake

Recreation

  • Community Boat Dock
  • Boating
  • RV or Boat Storage in Community
  • Powered Boats Allowed
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,353

Year Built

Built in 1985 | Remodeled

Lot Details

0.44 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Updated/Remodeled
  • Year Built: 1985
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Living Room, Masonry
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Double Oven, Gas Range, Indoor Grill, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Interior Amenities: Bookcases, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Exterior Entry
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Solid Surface Counters, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Other
  • Dining Room Features: Butlers Pantry, Open Concept
  • Square Footage: 3579.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Waterfront Frontage: 131
  • Construction Materials: Cedar
  • Roof Type: Shingle, Wood
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Rear Porch, Wrap Around
  • Exterior Features: Balcony, Storage
  • Pool Features: Gunite, In Ground
  • View: Lake
  • Pool Private: Yes

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Laundry Features: In Kitchen, Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • Community Features: Boating, Community Dock, Lake, Near Shopping, Pool, Powered Boats Allowed, RV/Boat Storage, Street Lights
  • Subdivision Complex: The Island

Lot Info

  • Acres: 0.4400
  • Lot: 7
  • Plat Book: 82
  • Plat Page: 32-33
  • Lot Features: Cul-De-Sac, Front Yard, Landscaped, Private
  • Lot Dimensions: 86x159x131x135x20x17
  • Parcel Number: 01101 000007
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Tax Info

  • Taxes: 5353.00
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake Front

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

Closed on
Aug 20, 2021
Sold by
Loden Randall Keith
Bought by
Glosson William H
Current Estimated Value
$1,564,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$678,713
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$886,176

Purchase Details

Listed on
Mar 22, 2020
Closed on
Feb 19, 2021
Sold by
Walters Income Properties Lp
Bought by
Loden Randall Keith and Loden Staci Kay
Seller's Agent
Todd Slaughter
Virtual Properties Realty.com
Buyer's Agent
Shanda McNeal
NOT A VALID MEMBER
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Listed on
Mar 18, 2019
Closed on
Aug 2, 2019
Sold by
Massey F Abit
Bought by
Walters Income Properties Lp
Seller's Agent
Kim Waters
The Norton Agency
Buyer's Agent
Lesile White
Resource Brokers, LLC.
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.39%

Purchase Details

Closed on
Apr 11, 2006
Sold by
Massey Kayanne S
Bought by
Massey F Abit
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
Glosson William H $1,275,000 --
Loden Randall Keith $1,200,000 --
Walters Income Properties Lp $600,000 --
Massey F Abit -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glosson William H $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $1,200,000 0.0% $335 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
03/22/2020 03/22/20 For Sale $1,200,000 +100.0% $335 / Sq Ft
08/02/2019 08/02/19 Sold $600,000 -7.7% $168 / Sq Ft View Prior Sale
06/28/2019 06/28/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $650,000 -- $182 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $13,558 $501,360 $233,720 $267,640
2024 $14,032 $490,240 $233,720 $256,520
2023 $1,844 $477,120 $233,720 $243,400
2022 $2,048 $436,560 $233,720 $202,840
2021 $1,189 $228,280 $63,720 $164,560
2020 $6,068 $201,880 $63,720 $138,160
2019 $5,353 $175,440 $63,720 $111,720
2018 $1,009 $170,080 $63,720 $106,360
2017 $1,086 $164,080 $63,720 $100,360
2016 $2,149 $164,080 $63,720 $100,360
2015 $1,436 $164,080 $63,720 $100,360
2014 $1,436 $185,160 $63,720 $121,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6700100

First Multiple Listing Service (FMLS)

APN: 01-00101-00-007

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