NOT LISTED FOR SALE

5010 Watchmans Cove Gainesville, GA 30504

Estimated Value: $464,020 - $499,000

3 Beds
2 Baths
2,084 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $425,380 $204 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,879/month

12 Days on Market

Highlights

  • Boat Dock
  • Active Adult
  • Craftsman Architecture
  • New Construction
  • Gated Community
  • Community Lake

About This Home

As of September 2022

Ready in September, Lennar's Brunswick Ranch Plan. The perfect 3 bedroom / 2 bath ranch home with 2084 square feet. Features sitting room in primary, covered rear porch, seperate living dining room, wall ovens,kitchen island and large pantry. Stephens Point Community features gated entry, clubhouse, pool tennis/pickleball and 14 slip courtesy dock on Lke Lanier. All homes feature Lennar's "Everything Included" with all the bells and whistles included in the price. Active Adult 55+. *Secondary photos are file photos. For this lot, up to $15K in closing costs with our preferred lender.

Last Agent to Sell the Property

Tamra Wade

Re/Max Tru, Inc. License #214598 Listed on: 07/28/2022

Re/Max Tru, Inc.

Co-Listed By

Kristina Kare

Re/Max Tru, Inc. License #214598

Last Buyer's Agent

Susan Prince

Keller Williams Realty Atl. Partners License #209810

Keller Williams Realty Atl. Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $377

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Private Lot
  • Level Lot

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 2,084 Sq Ft Home
  • High Ceiling
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Carpet
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub Includes Tile Surround

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Schools

  • Oakwood Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Porch

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • Active Adult
  • $1,500 Initiation Fee
  • Association fees include trash, ground maintenance, management fee, swimming, tennis
  • Stephens Point Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$377

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • ArchitecturalStyle: Craftsman, Ranch
  • Co List Office: RTRU01
  • Financing Type: Conventional
  • GreenEnergyEfficient: Thermostat
  • Levels: One
  • Lot Size Acres: .18
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2084
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Cooktop, Dishwasher, Double Oven, Disposal, Microwave, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: None
  • Total Finished Sq Ft: 2084
  • Above Grade Finished Sq Ft: 2084
  • Interior Amenities: High Ceilings, Double Vanity, Tile Bath, Walk-In Closet(s), Master On Main Level
  • Feature Name: Lanier
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Carpet, Other
  • Kitchen Features: Breakfast Room, Kitchen Island, Pantry, Solid Surface Counters

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other, Stone
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac, Level, Private
  • Patio And Porch Features: Porch
  • Property Condition: New Construction
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central, Forced Air, Zoned
  • Laundry Features: Other
  • Security Features: Smoke Detector(s), Gated Community
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2400
  • Association: Yes
  • Community Features: Clubhouse, Gated, Lake, Pool, Retirement Community, Sidewalks, Street Lights, Tennis Court(s), Shared Dock

Fee Information

  • Initiation Fee: 1500
  • Association Fee Includes: Trash, Maintenance Grounds, Management Fee, Swimming, Tennis

Schools

  • Elementary School: Oakwood
  • High School: West Hall
  • High School Bus: Yes
  • Middle School: West Hall
  • Middle School Bus: Yes

Lot Info

  • Land Lot: 65
  • Lot: 7

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 377

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2024
Sold by
Gleason John C
Bought by
Gleason Family Trust Dated August 23 202 and Gleason Scott Alan Tr
Current Estimated Value
$488,005

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 21, 2022
Sold by
Lennar Georgia Llc
Bought by
Gleason John C and Gleason Dorothy A
Seller's Agent
Tamra Wade
Re/Max Tru, Inc.
Buyer's Agent
Susan Prince
Keller Williams Realty Atl. Partners
List Price
$425,380
Sold Price
$425,380
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$250,000
Interest Rate
5.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gleason Family Trust Dated August 23 202 -- --
Gleason John C $425,380 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gleason John C $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $425,380 0.0% $204 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $425,380 -- $204 / Sq Ft
Source: Georgia MLS

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
2025 $1,370 $197,920 $31,000 $166,920
2024 $1,584 $188,440 $30,000 $158,440
2023 $4,287 $173,960 $28,000 $145,960
2022 $412 $12,600 $12,600 $0
2021 $377 $13,040 $13,040 $0
2020 $278 $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10075829

Georgia MLS

APN: 08-00065-00-207