NOT LISTED FOR SALE

5041 Red Oak Ln Gainesville, GA 30506

Estimated Value: $375,000 - $433,000

3 Beds
2 Baths
1,523 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $375,000 $246 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,606/month

4 Days on Market

Highlights

  • Open-Concept Dining Room
  • Deck
  • Vaulted Ceiling
  • In Ground Pool
  • Rural View
  • Ranch Style House

About This Home

As of March 2022

Beautiful 3 bed, 2 bath RANCH in Gainesville's Big Oak Estates Community (NO HOA!) located in the Chestatee High School District. This home features a covered rocking chair front porch, kitchen with solid stone countertops and stainless steel appliances with a view of the family room and open concept dining area. The main level also features the owner's suite as well as 2 secondary bedrooms, another full bathroom. laundry room and a beautiful sunroom/bonus room/flex room. The backyard oasis includes a deck, gazebo and inground pool; perfect for those hot Georgia summers and entertaining!

Last Agent to Sell the Property

Gail Butler

Keller Williams Realty Atlanta Partners License #361523 Listed on: 02/24/2022

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Ashley Shelnutt

Keller Williams Rlty Consultants License #406162

Keller Williams Rlty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1975

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 195x137x195x136
  • Landscaped
  • Level Lot
  • Back Yard Fenced and Front Yard

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,523 Sq Ft Home
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Sun or Florida Room
  • Rural Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Kitchen

Pool

  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Deck
  • Covered patio or porch
  • Gazebo
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No HOA
  • Big Oak Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10076 000073

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,150

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LT 86 PT 87 BIG OAK EST
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1975
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1523.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Interior Amenities: Bookcases, High Speed Internet, Vaulted
  • Kitchen Features: Breakfast Bar, Cabinets Other, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Sun Room
  • Dining Room Features: Open Concept
  • Square Footage: 1523.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Other Structures: Gazebo, Outbuilding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Exterior Features: Private Yard
  • Pool Features: In Ground, Vinyl
  • View: Rural
  • Pool Private: Yes
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen, Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Electric: None

Association/Amenities

  • Management Company: NO HOA

Condo/Co-op/Association

  • Management Company Email: NO HOA
  • Subdivision Complex: Big Oak Estates

Schools

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

Lot Info

  • Acres: 0.6000
  • Deed Book: 8820
  • Deed Page: 62
  • Lot Features: Back Yard, Front Yard, Landscaped, Level
  • Lot Dimensions: 195x137x195x136
  • Parcel Number: 10076 000073
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2150.00
  • Assessor Parcel Number: 10-00076-00-073
  • Close Date: 2022-03-31
  • Tax Year: 2020

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
Feb 24, 2022
Closed on
Mar 31, 2022
Sold by
Richardson Daniel
Bought by
Ridenour Kristin
Seller's Agent
Gail Butler
Keller Williams Realty Atlanta Partners
Buyer's Agent
Ashley Shelnutt
Keller Williams Rlty Consultants
List Price
$355,000
Sold Price
$375,000
Premium/Discount to List
$20,000
5.63%
Total Days on Market
4
Current Estimated Value
$408,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,855
Avg. Annual Appreciation
2.76%
Original Mortgage
$342,000
Outstanding Balance
$322,938
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$85,917

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 7, 2021
Sold by
Carder Megan Leanne
Bought by
Richardson Daniel and Salatino Cory
Seller's Agent
Amanda Stewart
Keller Williams Lanier Partners
Buyer's Agent
Gail Butler
Keller Williams Realty Atlanta Partners
List Price
$269,900
Sold Price
$302,500
Premium/Discount to List
$32,600
12.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.96%
Original Mortgage
$257,125
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2020
Closed on
May 22, 2020
Sold by
Kilpatrick Patricia K
Bought by
Carder Jerry Daren and Carder Megan Leanne
Seller's Agent
Denise Hosemann
Virtual Properties Realty.com
Buyer's Agent
Amanda Stewart
Keller Williams Lanier Partners
List Price
$234,900
Sold Price
$234,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.14%
Original Mortgage
$230,644
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 4, 2019
Closed on
May 17, 2019
Sold by
Lewis Linda N
Bought by
Kilpatrick Patricia K
Seller's Agent
Brenda Burke
Keller Williams Lanier Partners
Buyer's Agent
Pat Burke
Keller Williams Lanier Partners
List Price
$245,000
Sold Price
$200,000
Premium/Discount to List
-$45,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.08%
Source: Public Records

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Range of Values:

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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
Ridenour Kristin $375,000 --
Richardson Daniel $302,500 --
Carder Jerry Daren $234,900 --
Kilpatrick Patricia K $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridenour Kristin $342,000
Previous Owner Richardson Daniel $257,125
Previous Owner Carder Jerry Daren $230,644
Previous Owner Lewis Robert A $75,000
Previous Owner Lewis Robert A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $375,000 +5.6% $246 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $355,000 +17.4% $233 / Sq Ft
05/07/2021 05/07/21 Sold $302,500 +12.1% $199 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $269,900 +14.9% $177 / Sq Ft
05/22/2020 05/22/20 Sold $234,900 0.0% $154 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $234,900 +17.5% $154 / Sq Ft
05/17/2019 05/17/19 Sold $200,000 -9.1% $131 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $220,000 -2.2% $144 / Sq Ft
04/13/2019 04/13/19 Price Changed $225,000 -2.1% $148 / Sq Ft
03/20/2019 03/20/19 Price Changed $229,900 -2.2% $151 / Sq Ft
03/19/2019 03/19/19 Price Changed $235,000 -2.0% $154 / Sq Ft
02/12/2019 02/12/19 Price Changed $239,900 -2.1% $158 / Sq Ft
02/04/2019 02/04/19 For Sale $245,000 -- $161 / 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 $3,730 $145,824 $25,200 $120,624
2023 $3,532 $137,744 $25,200 $112,544
2022 $2,800 $105,704 $19,880 $85,824
2021 $2,376 $85,640 $15,120 $70,520
2020 $2,150 $74,760 $7,800 $66,960
2019 $476 $37,560 $7,800 $29,760
2018 $467 $35,800 $10,600 $25,200
2017 $390 $29,880 $5,280 $24,600
2016 $886 $29,840 $5,280 $24,560
2015 $897 $30,132 $5,280 $24,852
2014 $897 $30,132 $5,280 $24,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7007457

First Multiple Listing Service (FMLS)

APN: 10-00076-00-073