NOT LISTED FOR SALE

2503 Hidden Cove Ct Unit C Gainesville, GA 30501

Lake District Neighborhood

Estimated Value: $220,000 - $301,000

2 Beds
2.5 Baths
1,224 Sq Ft
$100/mo HOA Fee

Last Sold August 31, 2021

Last sale price $180,000 $147 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,627/month

Highlights

  • Lake Front
  • Community Lake
  • Traditional Architecture
  • Boat Dock
  • Deck
  • 3-minute walk to Linwood Nature Preserve

About This Home

As of August 2021

Fantastic opportunity in convenient city location! 2 bedrooms and 2.5! Finished basement with recreation room. Upgraded kitchen with solid surface counter tops! Community Dock is directly behind this building! Hurry, this won't last at this price.

Last Agent to Sell the Property

Brenda Burke

Keller Williams Lanier Partners License #253547 Listed on: 07/12/2021

Keller Williams Lanier Partners

Co-Listed By

Pat Burke

Keller Williams Lanier Partners License #259254

Last Buyer's Agent

Annie Yang

HomeSmart License #381829

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $207

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • Property fronts a state road
  • Two or More Common Walls
  • Back Yard

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Sustainable
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Shared Dock
  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 56 Units
  • Hidden Cove Subdivision
  • Rental Restrictions
  • Community Lake

Recreation

  • Boat Dock

Property Details

Home Type

Condominium

Est. Annual Taxes

$207

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: Condominium
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1982
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1224.00
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Sustainable
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Range Hood, Refrigerator
  • Interior Amenities: High Speed Internet
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry, Partial
  • Kitchen Features: Eat-in Kitchen, Pantry, Solid Surface Counters, Stone Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room, Game Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1224.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Balcony
  • View: Lake
  • Foundation: Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen, Laundry Room
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds
  • HOA Rent Restrictions: Yes
  • Community Features: Community Dock, Homeowners Assoc, Lake
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Monthly
  • Subdivision Complex: Hidden Cove

Association/Amenities

  • Number Of Units In Community: 56

Lot Info

  • Lot Features: Back Yard, Level
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 207.00
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake

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

Listed on
Jul 12, 2021
Closed on
Aug 31, 2021
Sold by
Wareham Mary R
Bought by
Chen Jian Ming
Seller's Agent
Brenda Burke
Keller Williams Lanier Partners
Buyer's Agent
Annie Yang
HomeSmart
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$250,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,322
Avg. Annual Appreciation
8.25%
Original Mortgage
$135,000
Outstanding Balance
$122,657
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$127,665

Purchase Details

Closed on
Mar 16, 2010
Sold by
Franze Michael and Franze Mary
Bought by
Habashi Kamran D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.02%
Mortgage Type
Trade

Purchase Details

Closed on
Jan 16, 2009
Sold by
Citimortgage Inc
Bought by
Franze Michael and Franze Mary

Purchase Details

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

Purchase Details

Closed on
Mar 1, 1996

Purchase Details

Closed on
May 1, 1995
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
Chen Jian Ming $180,000 --
Habashi Kamran D $90,000 --
Franze Michael $69,000 --
Citimortgage Inc $55,900 --
-- $43,000 --
-- $47,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jian Ming $135,000
Previous Owner Habashi Kamran D $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $180,000 -9.5% $147 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $199,000 -- $163 / 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 $2,587 $90,320 $12,800 $77,520
2023 $422 $105,280 $12,000 $93,280
2022 $339 $80,360 $12,000 $68,360
2021 $276 $53,000 $6,000 $47,000
2020 $1,591 $52,920 $6,000 $46,920
2019 $1,114 $36,520 $0 $36,520
2018 $182 $30,720 $0 $30,720
2017 $244 $36,480 $0 $36,480
2016 $209 $36,480 $0 $36,480
2015 $147 $24,188 $0 $24,188
2014 $147 $24,188 $0 $24,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6913715

First Multiple Listing Service (FMLS)

APN: 01-0097A-00-010C