NOT LISTED FOR SALE

3148 White Magnolia Chase SW Gainesville, GA 30504

Estimated Value: $583,000 - $651,000

3 Beds
3 Baths
3,552 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $389,000 $110 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,845/month

Highlights

  • Marina
  • Fitness Center
  • Separate his and hers bathrooms
  • Lake Front
  • Fishing
  • Gated Community

About This Home

As of May 2018

Spring is the perfect time to be close to nature, mature trees & an amazing view from your screened deck! Your opportunity to begin your new chapter in an inviting home with hardwood floors, Corian counters, SS appliances, Breakfast nook, formal Dining Room & Great Room with custom cabinets on either side of the fireplace. The finished downstairs level has a full Bath & wet bar & huge area for entertaining! Its a short walk to the Clubhouse & many amenities. Cresswind has been the #1 selling active adult community for 4 years! Come see why so many call this home.

Last Agent to Sell the Property

LEE A JOHNSON

RE/MAX Center License #248959 Listed on: 01/26/2018

RE/MAX Center

Last Buyer's Agent

CHARLEY HELSETH

NOT A VALID MEMBER License #307460

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 2007

Lot Details

  • 6,534 Sq Ft Lot
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • 2-Story Property
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,552 Sq Ft Home
  • Rear Stairs
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Skylights
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Game Room
  • Screened Porch
  • Laundry in Hall

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Finished Basement

  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Utilities

  • Air Source Heat Pump
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Accessible Entrance
  • Deck

Listing and Financial Details

  • Legal Lot and Block 78 / 1
  • Assessor Parcel Number 08021 001052

Community Details

Overview

  • $867 Initiation Fee
  • First Service Residential Association, Phone Number (770) 536-3300
  • Secondary HOA Phone (678) 624-9453
  • Cresswind At Lake Lanier Subdivision
  • Community Lake

Recreation

  • Marina
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,156

Year Built

Built in 2007

Lot Details

0

HOA Fees

$289 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Ranch
  • Property Condition: Resale
  • Year Built: 2007
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter, Glass Doors
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Bookcases, Entrance Foyer, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Speed Internet, His and Hers Closets, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Interior Entry
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 1 Story
  • Square Footage: 3552.00
  • Window Features: Insulated Windows, Skylight(s)

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Front Porch, Screened
  • Exterior Features: Rear Stairs

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Heat Pump
  • Laundry Features: In Hall
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Swim/Tennis, Trash
  • Community Features: Clubhouse, Fishing, Fitness Center, Gated, Homeowners Assoc, Lake, Marina, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 3468
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-536-3300
  • Management Company Email: stephen.doran@fsresidential.com
  • Management Phone: 678-624-9453
  • Subdivision Complex: Cresswind at Lake Lanier

Association/Amenities

  • Management Company: First Service Residential

Schools

  • Elementary School: Hall - Other
  • Middle School: Hall - Other
  • High School: Hall - Other

Lot Info

  • Acres: 0.1500
  • Lot: 78
  • Land/Lot: 21
  • Plat Book: 852
  • Plat Page: 212
  • Lot Features: Landscaped, Level, Private, Wooded
  • Parcel Number: 08021 001052
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Rental Info

  • Initiation Fee: 867

Tax Info

  • Taxes: 2156.00
  • Assessor Parcel Number: 08-00021-01-052
  • Close Date: 2018-05-10
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • Elementary School: Hall - Other
  • High School: Hall - Other
  • Middle School: Hall - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
May 10, 2018
Sold by
Ferraro Clement
Bought by
Patrick John R
Seller's Agent
LEE A JOHNSON
RE/MAX Center
Buyer's Agent
CHARLEY HELSETH
NOT A VALID MEMBER
List Price
$399,000
Sold Price
$389,000
Premium/Discount to List
-$10,000
-2.51%
Current Estimated Value
$623,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,933
Avg. Annual Appreciation
6.73%
Original Mortgage
$292,612
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Sep 4, 2007
Sold by
Levitt & Sons Of Hall County L
Bought by
Ferraro Clement and Ferraro Rosemarie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,332
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Patrick John R $389,000 --
Ferraro Clement $373,000 --
Ferraro Clement $372,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patrick John R $290,907
Closed Patrick John R $292,612
Previous Owner Ferraro Clement $300,000
Previous Owner Ferraro Clement $298,332
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $389,000 -2.5% $110 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $399,000 -- $112 / 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 $3,126 $238,320 $39,080 $199,240
2023 $861 $232,200 $37,920 $194,280
2022 $919 $197,000 $30,080 $166,920
2021 $954 $185,200 $19,600 $165,600
2020 $2,574 $191,120 $20,280 $170,840
2019 $2,163 $173,240 $20,280 $152,960
2018 $974 $164,280 $21,280 $143,000
2017 $1,035 $156,520 $20,280 $136,240
2016 $2,234 $170,520 $19,400 $151,120
2015 $1,351 $158,120 $17,640 $140,480
2014 $1,351 $147,480 $17,640 $129,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5955925

First Multiple Listing Service (FMLS)

APN: 08-00021-01-052