$675,000
$75K PRICE DROP

4486 Old Magnolia Ct Gainesville, GA 30506

Estimated payment $4,133/month

Total Views 6,295
5 Beds
3.5 Baths
4,102 Sq Ft
$165 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • Deck
  • Oversized primary bedroom
  • Mount Vernon Elementary School Rated 9+
  • Wooded Lot
  • Wood Flooring

About This Home

Located in the well established and sought after Cherokee Forrest Lake Lanier neighborhood just north of Gainesville, this custom-built, four-sides brick home offers timeless quality and comfortable everyday living. Enjoy community amenities including a pool and tennis courts, all while coming home to a quiet cul-de-sac lot with a lush, landscaped front yard. Step inside through double doors into a beautifully trimmed foyer that sets the tone for the craftsmanship throughout—10-foot ceilings, custom cabinetry, and rich wood-paneled built-ins surrounding the fireplace. The main level features two spacious bedroom suites and a dedicated office/study ideal for work-from-home needs. A walkout deck from main level overlooks the private, fenced backyard. The finished terrace level includes a generous recreation or family room that opens to a patio, with unfinished space remaining for storage or future expansion. Practical features include two 2-car garages and permanent stairs from the garage to the attic. Truly a rare find in a well-established, amenity-rich neighborhood.

Listing Agent

Kim Waters

The Norton Agency License #147810 Listed on: 04/30/2025

The Norton Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,129

Year Built

  • Built in 1998

Lot Details

  • 0.86 Acre Lot
  • Property fronts a county road
  • Private Entrance
  • Wooded Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Double Pane Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Neighborhood Views
  • Attic

Kitchen

  • Double Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Finished Basement Bathroom

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mount Vernon Elementary School
  • North Hall Middle School
  • North Hall High School

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 218 / 5
  • Assessor Parcel Number 10102 000114

Community Details

Overview

  • Cherokee Forrest Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,129

Year Built

Built in 1998

Lot Details

0

HOA Fees

$57 per month

Parking

4

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 2651.00
  • Below Grade Sq Ft: 1200.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Bookcases, Entrance Foyer, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Driveway Access, Finished, Finished Bath, Full, Interior Entry, Walk-Out Access
  • Kitchen Features: Cabinets Stain
  • Common Walls: No Common Walls
  • Additional Rooms: Attic, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4102.00
  • Spa Features: None
  • Window Features: Double Pane Windows
  • Below Grade Finished Sq Ft: 1451.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master
  • Lower Bedrooms: 3
  • Main Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick, Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Exterior Features: Private Entry, Private Yard
  • View: Neighborhood
  • Pool Private: No
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 4
  • Number of Garage Spaces: 4
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Schools, Near Shopping, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 685
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Cherokee Forrest

Schools

  • Elementary School: Mount Vernon
  • Middle School: North Hall
  • High School: North Hall

Lot Info

  • Acres: 0.8600
  • Lot: 218
  • Land/Lot: 102
  • Section G M D: 00
  • Deed Book: 8699
  • Deed Page: 352
  • Plat Book: 579
  • Plat Page: 129A
  • Lot Features: Back Yard, Front Yard, Private, Wooded
  • Lot Dimensions: x
  • Parcel Number: 10102 000114
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, Doors, Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 5129.00
  • Assessor Parcel Number: 10-00102-00-114
  • Tax Year: 2024

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mount Vernon
  • High School: North Hall
  • Middle School: North Hall

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,244 $251,960 $26,880 $225,080
2023 $5,383 $248,600 $26,880 $221,720
2022 $5,581 $216,000 $26,880 $189,120
2021 $5,050 $196,000 $26,880 $169,120
2020 $5,972 $220,480 $26,880 $193,600
2019 $5,964 $218,200 $23,160 $195,040
2018 $5,943 $210,440 $23,160 $187,280
2017 $4,919 $175,920 $11,760 $164,160
2016 $4,385 $160,640 $11,760 $148,880
2015 $4,339 $160,760 $11,760 $149,000
2014 $4,339 $157,700 $11,760 $145,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $675,000 -2.9% $165 / Sq Ft
08/01/2025 08/01/25 Price Changed $695,000 -4.1% $169 / Sq Ft
07/18/2025 07/18/25 Price Changed $725,000 -1.7% $177 / Sq Ft
06/27/2025 06/27/25 Price Changed $737,500 -1.7% $180 / Sq Ft
04/30/2025 04/30/25 For Sale $750,000 -- $183 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $474,500 --
Quit Claim Deed -- --
Deed $350,000 --
Deed $300,000 --
Deed $39,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Stand Alone Second
Previous Owner $264,000 Stand Alone Second
Previous Owner $20,000 Stand Alone Second
Previous Owner $284,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $280,000 New Conventional
Previous Owner $240,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7570730

First Multiple Listing Service (FMLS)

APN: 10-00102-00-114