NOT LISTED FOR SALE

5017 Watchmans Cove Gainesville, GA 30504

Estimated Value: $469,000 - $518,000

3 Beds
2 Baths
2,120 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $465,000 $219 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,266/month

Highlights

  • Boat Dock
  • Separate his and hers bathrooms
  • Gated Community
  • Fishing
  • Sitting Area In Primary Bedroom
  • Craftsman Architecture

About This Home

As of April 2022

Better-than-new 3BR, 2BA Brunswick ranch floor plan in the red hot 55+ lakefront community of Stephens Point. Only a year old, this beautiful home still has most of the builder's warranties in effect, but all the first year issues, so common in new construction, have been resolved. The almost-new furniture and furnishings are included in the price. Located on a quiet cul-de-sac of finished homes, this lovely home has upscale finishes, quartz counter, stainless Frigidaire appliances, expansive screened porch, hardwood floors and a fenced yard which backs up to a private wooded area. Bought as a second home, it has barely been lived in. Stephens Point offers a variety of amenities including gated entry, a 14-slip covered courtesy dock on Lake Lanier, community pool, tennis/pickle ball courts, clubhouse and so much more. Best of all, you never have to do yard work again because it's handled by the neighborhood.

Last Agent to Sell the Property

BEVERLY KNIGHT

Keller Williams Lanier Partners License #324127 Listed on: 03/18/2022

Keller Williams Lanier Partners

Co-Listed By

Angie Smart

Keller Williams Lanier Partners License #252832

Last Buyer's Agent

LauraLee Ehrgott

SWP Realty, LLC License #414096

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 2020

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 52x130x58x154
  • Property fronts a county road
  • Cul-De-Sac
  • Private Entrance
  • Wrought Iron Fence
  • Landscaped
  • Private Lot
  • Level Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,120 Sq Ft Home
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Screened Porch

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Separate his and hers bathrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Shower Only

Laundry

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

Home Security

  • Security System Owned
  • Security Gate
  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Courtesy Dock
  • Covered Dock
  • Shared Dock

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 10
  • Assessor Parcel Number 08065 000210

Community Details

Overview

  • $1,750 Initiation Fee
  • Cma Association, Phone Number (404) 835-9331
  • Stephens Point Subdivision
  • Rental Restrictions
  • Community Lake

Recreation

  • Boat Dock
  • Boating
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,669

Year Built

Built in 2020

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: STEPHENS POINT S/D LOT 10 0.170 AC PHS 1
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Ranch
  • Property Condition: Resale
  • Year Built: 2020
  • Levels Stories: One
  • Cert Prof Home Bldrs Legacy: Lennar
  • Above Grade Finished Sq Ft: 2120.00
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Fireplace Features: Factory Built, Gas Log, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Smart Home, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Room, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2120.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master, Sitting Room
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate His/Hers, Shower Only

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Back Yard, Fenced, Wrought Iron
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Exterior Features: Private Front Entry, Private Rear Entry
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Swim/Tennis, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Boating, Clubhouse, Community Dock, Fishing, Gated, Homeowners Assoc, Lake, Pickleball, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 2400
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Quarterly
  • Association: Yes
  • Hoa Contact Phone: 404-835-9331
  • Home Warranty: Yes
  • Management Company Email: jgaines@cmacommunities.com
  • Subdivision Complex: Stephens Point

Association/Amenities

  • Management Company: CMA

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot: 10
  • Land/Lot: 65
  • Deed Book: 8722
  • Deed Page: 202
  • Plat Book: 878
  • Plat Page: 341
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level, Private
  • Lot Dimensions: 52x130x58x154
  • Parcel Number: 08065 000210
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1750

Tax Info

  • Taxes: 3669.00
  • Assessor Parcel Number: 08-00065-00-210
  • Close Date: 2022-04-01
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Mar 30, 2022
Sold by
Ross James F
Bought by
Kang Dae Sun and Pak Yeon O
Seller's Agent
BEVERLY KNIGHT
Keller Williams Lanier Partners
Buyer's Agent
LauraLee Ehrgott
SWP Realty, LLC
List Price
$420,000
Sold Price
$465,000
Premium/Discount to List
$45,000
10.71%
Current Estimated Value
$488,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,695
Avg. Annual Appreciation
2.09%

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 22, 2021
Sold by
Lennar Georgia Inc
Bought by
Ross Susan M and Ross James F
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$360,280
Sold Price
$348,780
Premium/Discount to List
-$11,500
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.34%
Original Mortgage
$279,024
Interest Rate
2.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kang Dae Sun $465,000 --
Ross Susan M $348,780 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Susan M $279,024
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $465,000 +10.7% $219 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $420,000 +20.4% $198 / Sq Ft
01/22/2021 01/22/21 Sold $348,780 -3.2% $167 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $360,280 -- $173 / 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 $4,833 $191,240 $30,000 $161,240
2023 $4,077 $176,360 $28,000 $148,360
2022 $3,752 $149,920 $28,000 $121,920
2021 $3,669 $135,800 $29,000 $106,800
2020 $278 $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7015147

First Multiple Listing Service (FMLS)

APN: 08-00065-00-210