NOT LISTED FOR SALE

2488 Old Fork Rd Gainesville, GA 30506

Estimated Value: $1,485,000 - $1,867,000

4 Beds
6 Baths
5,305 Sq Ft
$324/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $1,292,813 $244 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,134/month

16 Days on Market

Highlights

  • 233 Feet of Waterfront
  • Covered dock with one slips
  • Second Kitchen
  • Cartersville Primary School Rated A-
  • Guest House
  • Heated In Ground Pool

About This Home

As of December 2020

One of a kind TWO HOME retreat on Lake Lanier. 1.24 PRIVATE acres with gentle slope & easy walk to the dock with party deck. Protected cove with NO HOA. Entire point by home is Corps property! Property INCLUDES main home & guest home each w/a 3 car garage, 2 bay high bay detached garage w/workshop, heated salt water pool & hot tub! MAIN HOME is spectacular! Main level is open w/recently refinished hardwoods throughout! Floor plan is IDEAL! Master on main w/fireplace & deck overlooking pool & lake. Also on main, office w/wet bar, den w/stone fireplace, dining room, large eat in area & "heart of the home" kitchen, & sitting room which also opens to the deck overlooking the pool. Laundry & two half baths complete the main level. Upstairs are 3 generous bedrooms w/jack & jill bath and en suite bath both recently updated! Terrace level includes finished den, full bath, & 3 car garage w/epoxy finish. GUEST HOME has 2 bedrooms, full bath, full kitchen & den as well as laundry. This space is perfect for family members, separate office space, home schooling or rental income! The guest house also includes 3 car garage. Pebble tech pool & hot tub have just been resurfaced and are gorgeous. You'll LOVE the pool area w/bar and kitchen area on the expansive stone pool deck. Additional 2 bay, "high bay" garage with workshop perfect for your RV, camper, boat, lake toys, golf cart, storage, etc. Both homes just painted inside and out, detached garage painted, new fixtures added, bathrooms updated, along with many other items done to make this beautiful home turnkey! The dock w/party deck is an easy walk just steps away. Back yard is level w/loads of space for play or large scale entertaining. Sq footage reflects above grade finished space for both homes.

Last Agent to Sell the Property

Cara Inman

Keller Williams North Atlanta License #308678 Listed on: 11/02/2020

Keller Williams North Atlanta

Last Buyer's Agent

Shawn McNeely

UC Premier Properties License #384576

UC Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,311

Year Built

  • Built in 2001

Lot Details

  • 1.24 Acre Lot
  • 233 Feet of Waterfront
  • Lake Front
  • Private Entrance
  • Landscaped
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 8 Car Garage
  • Parking Pad
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • European Architecture
  • Composition Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 5,305 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Coffered Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Keeping Room with Fireplace
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Garage Access
  • Finished Basement Bathroom

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Party Deck
  • Covered dock with one slips
  • Balcony
  • Deck
  • Patio
  • Outdoor Gas Grill
  • Front Porch

Additional Homes

  • Guest House

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 10094 000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,311

Year Built

Built in 2001

Lot Details

0

Parking

8

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, European
  • Property Condition: Resale
  • Year Built: 2001
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Double Sided, Family Room, Gas Log, Gas Starter, Keeping Room, Master Bedroom
  • Number Of Fireplaces: 4
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Coffered Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Walk-In Closet(s), Wet Bar
  • Basement: Driveway Access, Exterior Entry, Finished, Finished Bath, Interior Entry, Partial
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry Walk-In, Second Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Family Room, Office, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5305.00
  • Spa Features: Private
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 6
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Other Structures: Garage(s), Guest House, RV/Boat Storage
  • Waterfront Frontage: 233
  • Construction Materials: Cedar, Stone
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Exterior Features: Balcony, Gas Grill, Private Front Entry, Private Rear Entry, Private Yard
  • Pool Features: Gunite, Heated, In Ground
  • View: Lake
  • Pool Private: Yes

Garage/Parking

  • Number of Garage Spaces: 8
  • Parking Features: Garage, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Level Driveway, Parking Pad, RV Access/Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Electric: 110 Volts, 220 Volts

Lot Info

  • Acres: 1.2400
  • Plat Book: 34
  • Plat Page: 264
  • Lot Features: Back Yard, Front Yard, Landscaped, Level, Private
  • Lot Dimensions: x
  • Parcel Number: 10094 000001
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 10311.00
  • Tax Year: 2019

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
Nov 2, 2020
Closed on
Dec 18, 2020
Sold by
Ellery Amanda J
Bought by
Jacobs Scott G and Jacobs Donna J
Seller's Agent
Cara Inman
Keller Williams North Atlanta
Buyer's Agent
Shawn McNeely
UC Premier Properties
List Price
$1,375,000
Sold Price
$1,292,813
Premium/Discount to List
-$82,187
-5.98%
Current Estimated Value
$1,718,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,421
Avg. Annual Appreciation
5.92%
Original Mortgage
$548,250
Outstanding Balance
$488,106
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,230,128

Purchase Details

Closed on
Mar 26, 2018
Sold by
Ellery John M
Bought by
Ellery John M and Ellery Amanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Clack Thomas G
Bought by
Ellery John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2004
Sold by
Ohearn Lula
Bought by
Butler Leon and Butler Hazel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,783
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 1997
Sold by
Fawcett John C
Bought by
Clack Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1993
Sold by
Conner Lois R
Bought by
Fawcett John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,681
Interest Rate
6.99%
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
Jacobs Scott G $1,292,812 --
Ellery John M -- --
Ellery John M $725,000 --
Butler Leon $105,000 --
Clack Thomas C $150,000 --
Fawcett John C $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Scott G $548,250
Previous Owner Ellery John M $671,000
Previous Owner Ellery John M $580,000
Previous Owner Butler Leon $25,783
Previous Owner Clack Thomas C $120,000
Previous Owner Fawcett John C $45,681
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $1,292,813 -6.0% $244 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $1,375,000 -- $259 / 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 $12,714 $530,160 $131,520 $398,640
2023 $12,995 $499,400 $119,000 $380,400
2022 $11,463 $439,840 $117,440 $322,400
2021 $10,685 $401,920 $93,920 $308,000
2020 $10,656 $389,200 $93,920 $295,280
2019 $10,311 $373,040 $93,920 $279,120
2018 $9,624 $336,560 $70,520 $266,040
2017 $8,453 $298,120 $47,000 $251,120
2016 $8,249 $298,120 $47,000 $251,120
2015 $8,315 $298,120 $47,000 $251,120
2014 $8,315 $298,120 $47,000 $251,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6803691

First Multiple Listing Service (FMLS)

APN: 10-00094-00-001