NOT LISTED FOR SALE

5106 Watchmans Cove Gainesville, GA 30504

Estimated Value: $481,711 - $503,000

2 Beds
2 Baths
2,117 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $474,000 $224 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,027/month

82 Days on Market

Highlights

  • Docks
  • Craftsman Architecture
  • Clubhouse
  • Gated Community
  • Community Lake
  • Private Lot

About This Home

As of April 2024

Welcome home to this beautifully maintained spacious ranch home located in the very popular 55+ active adult community of Stephens Point right on the shores of Lake Lanier. This amazing gated neighborhood features a private 14 slip private courtesy dock, lighted tennis courts, lighted pickleball courts, swimming pool with club house, and lighted sidewalks. HOA includes lawn maintenance and trash collection. This floorplan showcases a gracious primary ensuite and a large guest suite with full guest bath, office AND sunroom. Light, bright and elegant kitchen opens to dining room and the grand family room. This is a true gem and exquisite living experience!!

Last Agent to Sell the Property

Bonds Realty Group

Keller Williams Realty Atl. Partners License #176026 Listed on: 11/30/2023

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Mark Shoda

HomeSmart License #412275

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 2021

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Private Lot
  • Garden
  • Grass Covered Lot

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,117 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Docks
  • Patio

Location

  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet

Community Details

Overview

  • $1,500 Initiation Fee
  • Association fees include ground maintenance, swimming, tennis
  • Stephens Point Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,466

Year Built

Built in 2021

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • ArchitecturalStyle: Brick Front, Craftsman
  • Financing Type: Conventional 90%
  • Levels: One
  • Lot Size Acres: .16
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2117
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Bedrooms: 2
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 2117
  • Above Grade Finished Sq Ft: 2117
  • Interior Amenities: Double Vanity, Soaking Tub, Separate Shower, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 2
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Breakfast Area, Kitchen Island, Pantry
  • Price Per Square Foot: 223.901

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • ExteriorFeatures: Garden, Dock
  • Fencing: Back Yard
  • Foundation Details: Block
  • Lot Features: Private
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Electric, Central Air
  • Heating: Central
  • Laundry Features: Other
  • Security Features: Smoke Detector(s), Gated Community
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Available, High Speed Internet, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2640
  • Association: No
  • Community Features: Clubhouse, Gated, Lake, Pool, Sidewalks, Street Lights, Tennis Court(s), Walk To Shopping

Fee Information

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

Schools

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

Lot Info

  • Deed Book: 9026
  • Deed Page: 464

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1466

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Apr 10, 2024
Sold by
Bonds Brenda Darlene
Bought by
Clark Kathleen
Seller's Agent
Bonds Realty Group
Keller Williams Realty Atl. Partners
Buyer's Agent
Mark Shoda
HomeSmart
List Price
$479,900
Sold Price
$474,000
Premium/Discount to List
-$5,900
-1.23%
Views
96
Current Estimated Value
$490,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,178
Avg. Annual Appreciation
4.38%
Original Mortgage
$324,000
Outstanding Balance
$320,540
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$182,156

Purchase Details

Closed on
Nov 24, 2021
Sold by
Lennar Georgia Inc
Bought by
Bonds Brenda Darlene
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
Clark Kathleen $474,000 --
Bonds Brenda Darlene $401,630 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Kathleen $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $474,000 -1.1% $224 / Sq Ft
02/17/2024 02/17/24 Price Changed $479,500 -0.1% $226 / Sq Ft
12/01/2023 12/01/23 For Sale $479,900 -- $227 / 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 $1,629 $194,040 $30,000 $164,040
2023 $1,474 $178,800 $28,000 $150,800
2022 $1,466 $151,240 $28,000 $123,240
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: 10228392

Georgia MLS

APN: 08-00065-00-353