NOT LISTED FOR SALE

3485 Southchase Dr Gainesville, GA 30507

Estimated Value: $526,000 - $1,296,534

5 Beds
4 Baths
3,768 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $990,000 $263 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,708/month

104 Days on Market

Highlights

  • Guest House
  • Stables
  • Second Kitchen
  • Barn
  • Boarding Facilities
  • Open-Concept Dining Room

About This Home

As of June 2021

STUNNING!! RARE-TO-MARKET PROFESSIONAL EQUESTRIAN FARM W/ EXECUTIVE HOME. THIS CROWN JEWEL FEATURES GORGEOUS ENCHANTING PROPERTY OF 35+ ACRES- WITH NICE LEVEL TOPOGRAPHY- REAR BOUNDARY TO STREAM. ENJOY A ROBUST $10,200+ MONTHLY CASH FLOW (OWNERS INCOME) W/ PLENTY OF ADDITIONAL UPSIDE TO INCREASE- THAT IN ESSENCE COVERS ALL CARRYING COSTS… 27 HORSES CURRENTLY BOARDED. 23 12’X12’ STALLS. THREE RIDING ARENAS. ROUND PEN. SEVERAL BUILDINGS ON SITE INCLUDING UPSCALE OWNER’S HOME W/ DRAMATIC UPSCALE OPEN BEAM CEILINGS, NATURAL PINE FLOORS, AND VERY LAVISH MASTER-MAIN SUITE; FINISHED BASEMENT- DUAL LAUNDRY ROOMS; TWO KITCHENS... BUSINESS OFFICES, FOREMAN’S CABIN TOO... 8 LARGE PASTURES. HUNTER/ JUMPER LESSON PROGRAMS WITH COMPETITION/ PRACTICE ARENAS; STABLES INSIDE/ OUT. EXCELLENT TRAINER FOR LESSONS. ON- SITE FARRIER SERVICES OFFERED, AS WELL AS FULL-SERVICE TO CUSTOMERS... ELECTRIC, WELL-WATER, PRIVATE SEPTIC SYSTEM, AND HI SPEED INTERNET SERVICES... APT INCOME TOO. THIS SALE COMES 100% TURN KEY COMPLETE! WITH KUBOTA TRACTOR, JOHN DEER GATOR, ARENA LIGHTS, TRAILERS/ MOWERS, TRUCKS, ETC- OVER $110,00 IN QUALITY EQUIPMENT... AND 8-CAMERA HI-TECH VIDEO/ SECURITY SYSTEM OFF YOUR PHONE... ATTRACTING AND RETAINING BOARDERS IS EASY WHEN YOU HAVE A PROPERTY IN A LOCATION LIKE THIS! INSIDE STALLS (9) YIELDING $600 EACH/ OUTSIDE STALLS (14) YIELDING $550 EACH/ PASTURES ARE YIELDING $325 EACH HORSE. AND IN-LAW APT IS $1100... LIVE THE DREAM- WHILE YOUR PROPERTY COVERS YOUR LIFESTYLE. OWNERS ARE HAPPILY OPERATING THE PROPERTY, BUT AFTER MANY YEARS ARE MOVING TO A NEW CHAPTER IN THEIR LIFE- MOTIVATED TO SELL- AND MAKING THIS STUNNING, FUNCTIONAL, PROFITABLE EQUESTRIAN RANCH AVAILABLE TO THE RIGHT PARTY. MOTIVATED SELLER SAYS BRING REASONABLE OFFER...

Last Listed By

Michael Migliore

Realty Gold Team License #176289 Listed on: 01/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,034

Year Built

  • Built in 1989

Lot Details

  • 35.5 Acre Lot
  • Property fronts a private road
  • Property fronts a state road
  • Private Entrance
  • Back and Front Yard Fenced
  • Level Lot
  • Wooded Lot

Home Design

  • Carriage House
  • Craftsman Architecture
  • Country Style Home
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,768 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Family Room with Fireplace
  • Second Story Great Room
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Home Office
  • Computer Room
  • Bonus Room
  • Sun or Florida Room
  • Rural Views

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Open to Family Room
  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Pine Flooring

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 2 Carport Spaces
  • Driveway
  • RV or Boat Parking

Outdoor Features

  • Stream or River on Lot
  • Boarding Facilities
  • Deck
  • Shed
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • Myers Elementary School
  • South Hall Middle School
  • Johnson - Hall High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Hay Storage
  • Stables
  • Arena

Utilities

  • Zoned Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 24
  • Assessor Parcel Number 15024 000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,034

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Country, Craftsman
  • Property Condition: Resale
  • Year Built: 1989
  • Levels Stories: One and One Half
  • Above Grade Finished Sq Ft: 3768.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Pine
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Double Vanity, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets White, Country Kitchen, Pantry, Second Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Family Room, Great Room - 2 Story, Office, Sun Room
  • Dining Room Features: Open Concept, Seats 12+
  • Square Footage: 3768.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master
  • Lower Bedrooms: 2
  • Main Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Other Structures: Barn(s), Carriage House, Guest House, Outbuilding, RV/Boat Storage, Shed(s), Stable(s)
  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Back Yard, Front Yard
  • Patio And Porch Features: Deck
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard, Storage
  • View: Rural
  • Foundation: Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Zoned
  • Laundry Features: In Basement, Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • Elementary School: Myers
  • Middle School: South Hall
  • High School: Johnson - Hall

Lot Info

  • Acres: 35.5000
  • Lot: 24
  • Deed Book: 7450
  • Deed Page: 44
  • Lot Features: Level, Stream or River On Lot, Wooded
  • Lot Dimensions: x
  • Parcel Number: 15024 000023
  • Horse Amenities: Arena, Boarding Facilities, Hay Storage, Pasture, Stable(s)
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 7034.00
  • Assessor Parcel Number: 15-00024-00-023
  • Close Date: 2021-06-29
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Myers
  • High School: Johnson - Hall
  • Middle School: South Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jun 29, 2021
Sold by
Cegalis Jeffrey
Bought by
Bb Properties Of Delawre Llc
Seller's Agent
Michael Migliore
Realty Gold Team
Buyer's Agent
Robbie Vekselman
NOT A VALID MEMBER
List Price
$1,099,000
Sold Price
$990,000
Premium/Discount to List
-$109,000
-9.92%
Total Days on Market
104
Current Estimated Value
$1,044,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,634
Avg. Annual Appreciation
-0.18%
Original Mortgage
$693,000
Outstanding Balance
$550,338
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$432,655

Purchase Details

Closed on
Nov 26, 2014
Sold by
Miller Alicia A
Bought by
Cegalis Jeffrey and Cegalis Laura Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2005
Sold by
Miller Bryan Dale and Alicia An
Bought by
Miller Alicia

Purchase Details

Closed on
Jul 1, 2005
Sold by
Grogan Sylvia B and Grogan Gerry
Bought by
Miller Bryan Dale and Miller Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2001
Sold by
Silveroak Properaties Inc
Bought by
Grogan Sylvia B and Grogan Gerry O

Purchase Details

Closed on
Dec 10, 2001
Sold by
Grogan Sylvia B and Grogan Gerry O
Bought by
Silveroak Properaties Inc

Purchase Details

Closed on
Jan 17, 2001
Sold by
Grogan Sylvia B
Bought by
Grogan Gerry O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.53%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Bb Properties Of Delawre Llc $990,000 --
Cegalis Jeffrey $590,000 --
Miller Alicia $17,000 --
Miller Bryan Dale $435,000 --
Grogan Sylvia B -- --
Silveroak Properaties Inc -- --
Grogan Gerry O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bb Properties Of Delawre Llc $693,000
Closed Bb Properties Of Delaware Llc $693,000
Previous Owner Cegalis Jeffrey $440,000
Previous Owner Miller Alicia Ann $650,000
Previous Owner Miller Alicia Ann $600,000
Previous Owner Miller Bryan Dale $400,000
Previous Owner Grogan Gerry O $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $990,000 -0.9% $263 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
03/20/2021 03/20/21 Price Changed $999,000 -9.1% $265 / Sq Ft
03/01/2021 03/01/21 For Sale $1,099,000 +11.0% $292 / Sq Ft
02/28/2021 02/28/21 Off Market $990,000 -- --
01/04/2021 01/04/21 For Sale $1,099,000 -- $292 / 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 $10,992 $442,520 $196,000 $246,520
2023 $9,448 $379,920 $168,440 $211,480
2022 $9,550 $368,360 $166,960 $201,400
2021 $6,648 $250,760 $137,920 $112,840
2020 $7,005 $256,720 $145,200 $111,520
2019 $7,034 $255,000 $145,200 $109,800
2018 $7,198 $253,040 $145,200 $107,840
2017 $6,613 $234,760 $145,200 $89,560
2016 $3,597 $118,560 $0 $118,560
2015 $1,771 $118,560 $0 $118,560
2014 $1,771 $53,475 $0 $53,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6823638

First Multiple Listing Service (FMLS)

APN: 15-00024-00-023