NOT LISTED FOR SALE

5045 Watchmans Cove Gainesville, GA 30504

Estimated Value: $529,791 - $570,000

3 Beds
3 Baths
2,967 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $510,000 $172 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,041/month

7 Days on Market

Highlights

  • Boat Dock
  • Gated Community
  • Community Lake
  • Active Adult
  • Craftsman Architecture
  • Dining Room Seats More Than Twelve

About This Home

As of March 2023

Get ready to enjoy your new lifestyle in this Lake Lanier 55+ Active Adult Community. This home was a Stephens Point Model Home showcasing many upgrades throughout this larger open floorplan. This gorgeous model includes the additional sunroom, upstairs spacious loft with the 3rd Bedroom and 3rd Bathroom (including tub/shower combo). The foyer flows into the "all open" living space with high ceilings, beautiful light fixtures, and a stunning 9ft Kitchen island that catches your eye. This amazing bright Gourmet Kitchen has it all. Enjoy cooking with a 5-burner Gas Cooktop covered by a decorative vent hood. Storage is not lacking with plenty of cabinetry and Walk-In Pantry. The foyer also opens into a flex space that can be used as a Dining Room, Office, or your choice of ideas. On main level-Owner's suite includes spacious bathroom with dual vanity, easy entry shower with wide doors, and walk-in closet. Second Bedroom and full Bath (including tub/shower combo), and large Laundry Room are also on main level. Living in this Smart Home will be extremely convenient with security settings and thermostats. Begin or conclude your day on your covered back porch or in your comfy sunroom. Have fun, relax or entertain with an array of amenities-clubhouse w/grills and full kitchen, pool/tennis/pickleball, sidewalks and trails, and a 14-slip community boat dock.

Last Agent to Sell the Property

Cindy Fauci

BHHS Georgia Properties License #392010 Listed on: 02/18/2023

BHHS Georgia Properties

Last Buyer's Agent

James Hardesty

Keller Williams Realty Consultants License #330100

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,214

Year Built

  • Built in 2019

Lot Details

  • 8,276 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Craftsman Architecture
  • 1.5-Story Property
  • Slab Foundation
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,967 Sq Ft Home
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Loft
  • Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Sustainable
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Accessed On Kitchen Level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Dock
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 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

$4,214

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • ArchitecturalStyle: Brick Front, Craftsman, Ranch
  • Financing Type: Other
  • GreenEnergyEfficient: Thermostat, Windows
  • Levels: One and One Half
  • Lot Size Acres: .19
  • Other Sturctures: Covered Dock
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven (Wall), Refrigerator, Stainless Steel Appliance(s), Washer
  • Bedrooms: 3
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: Concrete, None
  • Total Finished Sq Ft: 2967
  • Above Grade Finished Sq Ft: 2967
  • Interior Amenities: Double Vanity, High Ceilings, Master On Main Level, Split Bedroom Plan, Tile Bath, Tray Ceiling(s), Walk-In Closet(s)
  • Feature Name: Lanier
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Flooring: Carpet, Sustainable, Tile
  • Kitchen Features: Breakfast Bar, Kitchen Island, Solid Surface Counters, Walk-in Pantry
  • Price Per Square Foot: 171.890

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Fencing: Back Yard, Fenced
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Other
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Clubhouse, Gated, Lake, Pool, Retirement Community, Shared Dock, Sidewalks, Tennis Court(s)

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oakwood
  • High School: West Hall
  • High School Bus: No
  • Middle School: West Hall
  • Middle School Bus: No
  • Elementary School: Oakwood
  • Middle School: West Hall
  • High School: West Hall

Lot Info

  • Deed Book: 9219
  • Deed Page: 94

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4214

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 31, 2023
Sold by
Maddox Horace F
Bought by
Sobbe Gerrie Lee and Bray Ferrell Shane
Seller's Agent
Cindy Fauci
BHHS Georgia Properties
Buyer's Agent
James Hardesty
Keller Williams Realty Consultants
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
57
Current Estimated Value
$547,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,948
Avg. Annual Appreciation
2.92%

Purchase Details

Closed on
Oct 28, 2022
Sold by
Lennar Georgia Llc
Bought by
Maddox Horace F and Maddox Dolline
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
Sobbe Gerrie Lee $510,000 --
Maddox Horace F $478,990 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $510,000 -2.9% $172 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $525,000 -- $177 / 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
2024 $1,763 $201,320 $30,000 $171,320
2023 $4,819 $188,680 $28,000 $160,680
2022 $4,214 $157,480 $28,000 $129,480
2021 $3,944 $146,280 $29,000 $117,280
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: 10131851

Georgia MLS

APN: 08-00065-00-270