NOT LISTED FOR SALE

2503 Hidden Cove Ct Unit B Gainesville, GA 30501

Lake District Neighborhood

Estimated Value: $220,000 - $248,906

3 Beds
3.5 Baths
1,216 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $124,000 $102 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,546/month

Highlights

  • Lake Front
  • Community Lake
  • Open to Family Room
  • Open-Concept Dining Room
  • Great Room
  • 3-minute walk to Linwood Nature Preserve

About This Home

As of November 2018

OCCUPIED PROPERTY...ACTIVE TENANT! Great Investor Opportunity! Active tenant in place. Beautiful town home conveniently located to I-985 and down town. Full finished basement converted to master bed with HUGE bathroom and walk-in closet with patio access. Spacious kitchen with stainless steel appliances (refrigerator included! Large great room with big stone fireplace walks out onto private deck overlooking the water. Two large upstairs bedrooms, each with a full bathroom. Don’t pass this by!

Last Agent to Sell the Property

Blake Smith

NOT A VALID MEMBER License #384592 Listed on: 08/28/2018

Last Buyer's Agent

Laurie Basila

Berkshire Hathaway HomeServices Georgia Properties License #371821

Berkshire Hathaway HomeServices Georgia Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $219

Year Built

  • Built in 1982

Lot Details

  • Lake Front

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Split Level Home
  • Frame Construction
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Great Room
  • Open-Concept Dining Room
  • Lake Views

Kitchen

  • Open to Family Room
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry in Hall
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom

Parking

  • 2 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 01097A000010B

Community Details

Overview

  • Hiddencovecondohomeowners Association
  • Hidden Cove Subdivision
  • Community Lake

Recreation

  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$219

Year Built

Built in 1982

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Property Condition: Resale
  • Year Built: 1982
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Basement: Bath/Stubbed, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Other, Laminate Counters, Pantry, View to Family Room
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 1216.00

Beds/Baths

  • Total Bedrooms: 3
  • Lower Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Frame, Stone
  • Roof Type: Composition
  • Lake Name: Lanier
  • View: Lake

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Hall, Main Level

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior
  • Community Features: Lake, Park
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Management Company Email: hiddencovecondo@yahoo.com
  • Subdivision Complex: Hidden Cove

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: HiddenCoveCondoHomeOwners

Lot Info

  • Lot: 10
  • Plat Book: A
  • Plat Page: 28
  • Lot Dimensions: .0134
  • Parcel Number: 01097A000010B
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 219.00
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Nov 28, 2018
Sold by
Habashi Kamran David
Bought by
Seibert Alyssa J
Seller's Agent
Blake Smith
NOT A VALID MEMBER
Buyer's Agent
Laurie Basila
Berkshire Hathaway HomeServices Georgia Properties
List Price
$124,000
Sold Price
$124,000
Current Estimated Value
$236,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,977
Avg. Annual Appreciation
9.81%
Original Mortgage
$111,600
Outstanding Balance
$97,454
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$139,523

Purchase Details

Closed on
Sep 2, 2008
Sold by
Wallace Susan N
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 3, 2005
Sold by
Smith Hugh B
Bought by
Smith Hugh B and Smith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,156
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Sertich Larry M
Bought by
Smith Hugh B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,156
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1996
Sold by
Sertich Larry M
Bought by
Sutton Michael C
Source: Public Records

Range of Values:

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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
Seibert Alyssa J $124,000 --
Citimortgage Inc -- --
Smith Hugh B -- --
Smith Hugh B $87,700 --
Sutton Michael C $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seibert Alyssa J $111,600
Previous Owner Smith Hugh B $70,156
Closed Sutton Michael C $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2018 11/28/18 Sold $124,000 0.0% $102 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $124,000 -- $102 / 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 $2,467 $86,440 $12,800 $73,640
2023 $335 $100,920 $12,000 $88,920
2022 $347 $75,640 $12,000 $63,640
2021 $247 $49,440 $6,000 $43,440
2020 $1,460 $48,920 $6,000 $42,920
2019 $1,021 $33,840 $0 $33,840
2018 $165 $27,760 $0 $27,760
2017 $219 $32,680 $0 $32,680
2016 $160 $30,040 $0 $30,040
2015 -- $21,375 $0 $21,375
2014 -- $21,375 $0 $21,375
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Blake Smith

    NOT A VALID MEMBER

    Section Image
  • Laurie Basila

    Buyer's Agent in 2018

    Laurie Basila

    Berkshire Hathaway HomeServices Georgia Properties

    (678) 628-9304

    21 Total Sales

    Laurie Basila
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6064978

First Multiple Listing Service (FMLS)

APN: 01-0097A-00-010B

Georgia Hall County Gainesville 30501 Lake District

2503 Hidden Cove Ct Unit B, Gainesville, GA

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