NOT LISTED FOR SALE

3438 Locust Cove Rd Gainesville, GA 30504

Estimated Value: $591,000 - $705,000

3 Beds
2 Baths
1,771 Sq Ft
$354/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $400,473 $226 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,851/month

Highlights

  • Marina
  • Boat Dock
  • Newly Remodeled
  • Lake Front
  • Fitness Center
  • Fishing

About This Home

As of July 2016

WHERE LIFE BEGINS EVERY DAY! IMAGINE LIVING ON LAKE LANIER-WITNESSING BREATHTAKING SUNRISE AND SUNSETS AS YOU PLAN YOUR DAY IN THIS BEAUTIFUL DOGWOOD FLOOR PLAN. STAINED UPGRADED KTCH AND BTH CBNTS WITH ALL THE BELLS AND WHISTLES. KTCH AND FIRESIDE GREAT ROOM ALLOW FOR BOTH CASUAL LIVING AND ENTERTAINING. POSSIBLE 3rd BEDROOM OR STUDY ON MAIN. RIGHT CHOICE CERT HOME! ONE OF TWELVE NEW FLOOR PLANS! FORGET THE YARD WORK WITH FULL LAWN MTNC INCLD AND FOCUS ON WHERE LIFE BEGINS EVERYDAY-RIGHT IN YOUR OWN BACKYARD. PURCHASE THIS LIFESTYLE AND WE INCLUDE THE HOME!

Last Agent to Sell the Property

Chuck Macphee Jr

Berkshire Hathaway HomeServices Georgia Properties License #326409 Listed on: 09/19/2014

Berkshire Hathaway HomeServices Georgia Properties

Last Buyer's Agent

Chuck Macphee Jr

Berkshire Hathaway HomeServices Georgia Properties License #326409 Listed on: 09/19/2014

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • Lake Front
  • Property fronts a private road
  • Private Lot

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • 1.5-Story Property
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,771 Sq Ft Home
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub and Shower Combination in Primary Bathroom

Unfinished Basement

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

Home Security

  • Security System Owned
  • Security Gate

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Dock
  • Deck

Schools

  • Mcever Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2.155
  • Assessor Parcel Number 3438LOCUSTCOVERD

Community Details

Overview

  • $788 Initiation Fee
  • Land Arc Association, Phone Number (404) 835-9159
  • Secondary HOA Phone (404) 835-9159
  • Cresswind At Lake Lanier Subdivision
  • Rental Restrictions
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,218

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$269 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: New Construction
  • Year Built: 2014
  • Levels Stories: One and One Half
  • Special Features: NewHome
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1771.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate, Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Community Dock, Fishing, Fitness Center, Gated, Homeowners Assoc, Lake, Marina, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Master Association Fee: 3228
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9159
  • Home Warranty: Yes
  • Management Company Email: MCRESSWELL@CMACOMMUNITIES.COM
  • Management Phone: 404-835-9159
  • Subdivision Complex: CRESSWIND AT LAKE LANIER

Association/Amenities

  • Management Company: LAND ARC

Schools

  • Elementary School: McEver
  • Middle School: West Hall
  • High School: West Hall

Lot Info

  • Lot: 2.155
  • Land/Lot: 21
  • Plat Book: 864
  • Plat Page: 109
  • Lot Features: Private
  • Parcel Number: 3438LOCUSTCOVERD
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, HVAC, Thermostat, Windows

Rental Info

  • Initiation Fee: 788

Multi Family

  • Waterfront Features: Lake

Tax Info

  • Close Date: 2016-07-18
  • Tax Year: 2012

MLS Schools

  • Elementary School: McEver
  • High School: West Hall
  • Middle School: West Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2014
Closed on
Jul 22, 2016
Sold by
Ok Lake Lanier Lp
Bought by
Driscoll Elsie and Driscoll Joseph
Seller's Agent
Chuck Macphee Jr
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Chuck Macphee Jr
Berkshire Hathaway HomeServices Georgia Properties
List Price
$405,473
Sold Price
$400,473
Premium/Discount to List
-$5,000
-1.23%
Current Estimated Value
$627,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,021
Avg. Annual Appreciation
5.22%
Original Mortgage
$150,000
Outstanding Balance
$121,181
Interest Rate
3.45%
Estimated Equity
$518,317

Purchase Details

Closed on
Jun 16, 2015
Sold by
Ok Lake Lanier Lllp
Bought by
Echols Robert T and Echols Carolyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Driscoll Elsie -- --
Echols Robert T $331,564 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driscoll Elsie $150,000
Closed Driscoll Elsie --
Closed Driscoll Joseph Patrick $150,000
Previous Owner Echols Robert T $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $400,473 -5.5% $226 / Sq Ft
05/11/2016 05/11/16 Price Changed $423,949 +0.5% $239 / Sq Ft
04/19/2016 04/19/16 Price Changed $421,949 +2.0% $238 / Sq Ft
01/12/2016 01/12/16 Price Changed $413,473 +0.5% $233 / Sq Ft
11/19/2015 11/19/15 Price Changed $411,473 +1.0% $232 / Sq Ft
08/07/2015 08/07/15 Price Changed $407,473 +0.5% $230 / Sq Ft
05/21/2015 05/21/15 For Sale $405,473 -- $229 / 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 $3,218 $245,320 $52,720 $192,600
2023 $3,142 $227,520 $52,720 $174,800
2022 $878 $188,360 $41,800 $146,560
2021 $907 $176,160 $27,240 $148,920
2020 $2,306 $171,320 $29,160 $142,160
2019 $2,183 $157,040 $29,160 $127,880
2018 $862 $147,320 $30,600 $116,720
2017 $929 $140,640 $30,600 $110,040
2016 $4,359 $143,920 $31,960 $111,960
2015 $156 $135,080 $25,560 $109,520
2014 $156 $25,560 $25,560 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5346258

First Multiple Listing Service (FMLS)

APN: 08-00021-01-317