NOT LISTED FOR SALE

4940 Fountain Springs Dr Gainesville, GA 30506

Estimated Value: $519,000 - $730,000

1.25 Acres
$492,099 Price per Acre
54,450 Sq Ft Lot

Last Sold April 20, 2017

Last sale price $30,000

Est. 1,979% increase in value since last sale

Current estimated payment $3,878/month

48 Days on Market

About This Lot

As of April 2017

GREAT BUILDING LOTS IN THIS GATED COMMUNITY. GREAT LOCATION JUST A COUPLE OF MINUTES TO GA 400 AND EASY ACCESS TO GAINESVILLE. CUSTOM BUILDER AVAILABLE OR BRING YOUR OWN. HEAVILY WOODED LOTS THAT LAY GENTLE. BASEMENT LOTS ALSO AVAILABLE TO CHOOSE FROM.

Last Agent to Sell the Property

Shannon Stephens

Virtual Properties Realty.com License #218489 Listed on: 01/12/2017

Virtual Properties Realty.com

Last Buyer's Agent

Shannon Stephens

Virtual Properties Realty.com License #218489 Listed on: 01/12/2017

Virtual Properties Realty.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $368

Lot Details

  • 1.25 Acre Lot
  • Level Lot
  • Wooded Lot

Schools

  • Lanier Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Underground Utilities
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Wellsprings Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 11108 000028

Property Details

Property Type

Land

Est. Annual Taxes

$368

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Utilities

  • Utilities: Electricity Available, Phone Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Wellsprings

Schools

  • Elementary School: Lanier
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Acres: 1.2500
  • Lot: 3
  • Land/Lot: 108
  • Section G M D: 803
  • Current Zoning: RES
  • Deed Book: 5435
  • Deed Page: 424
  • Plat Book: 844
  • Plat Page: 23-26
  • Lot Features: Level, Rolling Slope, Street Lights
  • Lot Dimensions: 1.25 Acres
  • Parcel Number: 11108 000028
  • Price Acre Dollar: 24000.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 368.00
  • Assessor Parcel Number: 11-00108-00-028
  • Close Date: 2017-04-20
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lanier
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Apr 20, 2017
Sold by
Robert R
Bought by
Ritter Robert R and Ritter Minna M
Seller's Agent
Shannon Stephens
Virtual Properties Realty.com
Buyer's Agent
Shannon Stephens
Virtual Properties Realty.com
List Price
$52,000
Sold Price
$30,000
Premium/Discount to List
-$22,000
-42.31%
Current Estimated Value
$623,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,849
Avg. Annual Appreciation
44.87%
Original Mortgage
$305,600
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2013
Sold by
Reveille Builders Inc
Bought by
Miller Richard

Purchase Details

Closed on
Sep 1, 2005
Sold by
Wilson Wilson A and Wilson C
Bought by
Reveille Builders Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ritter Robert R $60,000 --
Ritter Robert R $60,000 --
Miller Richard $128,000 --
Reveille Builders Inc $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritter Robert R $298,000
Closed Ritter Robert R $305,600
Previous Owner Reveille Builders Inc $0
Previous Owner Reveille Builders Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2017 04/20/17 Sold $30,000 -42.3% --
03/01/2017 03/01/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $52,000 -- --
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 $5,191 $204,480 $17,544 $186,936
2023 $5,332 $204,480 $18,440 $186,040
2022 $4,454 $165,480 $18,440 $147,040
2021 $3,082 $169,760 $18,440 $151,320
2020 $3,168 $112,520 $13,948 $98,572
2019 $3,160 $112,520 $13,948 $98,572
2018 $3,300 $114,600 $17,400 $97,200
2017 $377 $10,880 $10,880 $0
2016 $370 $10,880 $10,880 $0
2015 $368 $10,880 $10,880 $0
2014 $368 $10,880 $10,880 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5792267

First Multiple Listing Service (FMLS)

APN: 11-00108-00-028