NOT LISTED FOR SALE

5127 Watchmans Cove Gainesville, GA 30504

Estimated Value: $494,990 - $524,000

3 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold March 11, 2024

Last sale price $489,900

Est. 3% increase in value since last sale

Current estimated payment $3,392/month

40 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Craftsman Architecture
  • 14 Boat Docks
  • Gated Community
  • Community Lake

About This Home

As of March 2024

COME SEE YOUR NEW HOME! This RANCH is in a GATED, LAKE COMMUNITY. This beautiful home with covered front porch has a great flowing floor plan. Kitchen includes stainless steel appliances, pretty backsplash, granite counter tops, under counter lighting, large island, walk in panty and breakfast area. The large family room with gas fireplace is ideal for watching tv or entertaining. Separate dining room can be used as an office. It has an oversize closet to make into craft area or to supply anything you may need. The master suite fits a king size bed, dressers and more. It has a sitting area to watch tv, exercise or just read. You will enjoy that it has a door to the back covered patio. Master spa has a zero entry shower with handrail and bench. It has double vanities with a lot of under sink storage. And has a linen closet. The large walk-in master closet is big enough to fit a dresser and a chair. It has a door that opens right into the laundry room. The two large secondary bedrooms can be used as craft room, office, or whatever you want. Luxury vinyl floors in living area, ceramic tile floors in the bathroom and laundry room and carpet in the bedrooms. You will enjoy the extra large covered patio with upscale pavers, beautiful landscaping that overlooks the flat, fenced in yard and green space area. This gated 55+ adult living community is golf cart friendly. Clubhouse has kitchen, game room, social lounge and a covered rocking chair patio overlooking lake. Pool area has large sundeck and a covered area adjacent to pickleball/tennis courts. Lets not forget we are on lake Lanier. 14 covered slips that can be reserved. Bring your kayak. You will love the neighborhood with many, clubs, social activities and more. You also will like that the lawn care and trash is included in HOA fee. This neighborhood is close to the expressway, shopping, restaurants and parks. Come see this home today.

Last Agent to Sell the Property

Nancy Ryan

Virtual Properties Realty.com License #294154 Listed on: 01/11/2024

Virtual Properties Realty.com

Last Buyer's Agent

Darlene Plavcan

Keller Williams Lanier Partners License #349175

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 2021

Lot Details

  • 6,970 Sq Ft Lot
  • Lake Front
  • Back Yard Fenced
  • Level Lot

HOA Fees

  • $245 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Sustainable
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

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

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Hallway

Outdoor Features

  • Access To Lake
  • Deep Water Access
  • 14 Boat Docks
  • Covered Dock
  • Patio
  • Porch

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
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Senior Community
  • $2,940 Initiation Fee
  • Association fees include maintenance exterior, trash, ground maintenance, reserve fund, security, 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

$1,274

Year Built

Built in 2021

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • ArchitecturalStyle: Brick Front, Craftsman, Ranch
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .16
  • Other Sturctures: Covered Dock
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 14
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Cooktop, Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: None
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Walk-In Closet(s), Master On Main Level, Split Bedroom Plan
  • Feature Name: LANIER
  • Accessibility Features: Accessible Full Bath, Accessible Hallway(s)
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Factory Built, Gas Starter, Gas Log
  • Flooring: Tile, Carpet, Sustainable, Vinyl
  • Kitchen Features: Breakfast Bar, Kitchen Island, Pantry, Solid Surface Counters, Walk-in Pantry
  • Window Features: Double Pane Windows

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete, Stone, Brick
  • ExteriorFeatures: Dock
  • Fencing: Fenced, Back Yard
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: Deep Water Access, Lake Access, Lake

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Annual Association Fee: 2940
  • Association: Yes
  • Community Features: Clubhouse, Gated, Lake, Pool, Retirement Community, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Initiation Fee: 2940
  • Association Fee Includes: Maintenance Exterior, Trash, Maintenance Grounds, Reserve Fund, Security, Swimming, Tennis

Schools

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

Lot Info

  • Deed Book: 9328
  • Deed Page: 651

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Mar 11, 2024
Sold by
Koblitz Jeffrey Loeser
Bought by
Jordan Pamela J
Seller's Agent
Nancy Ryan
Virtual Properties Realty.com
Buyer's Agent
Darlene Plavcan
Keller Williams Lanier Partners
List Price
$500,000
Sold Price
$489,900
Premium/Discount to List
-$10,100
-2.02%
Views
71
Current Estimated Value
$502,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,598
Avg. Annual Appreciation
2.64%

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jun 29, 2023
Sold by
Rafferty John Robert
Bought by
Koblitz Jeffrey Loeser
Seller's Agent
Nancy Ryan
Virtual Properties Realty.com
Buyer's Agent
Denise Sperier
Atlanta Fine Homes Sotheby's International
List Price
$490,000
Sold Price
$490,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.03%
Original Mortgage
$392,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2021
Sold by
Lennar Georgia Inc
Bought by
Rafferty John Robert and Rafferty Evelyn Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,880
Interest Rate
3.05%
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
Jordan Pamela J $489,900 --
Koblitz Jeffrey Loeser $490,000 --
Rafferty John Robert $404,860 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koblitz Jeffrey Loeser $392,000
Previous Owner Rafferty John Robert $323,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $489,900 0.0% --
02/20/2024 02/20/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $489,900 -2.0% --
01/11/2024 01/11/24 For Sale $500,000 +2.0% --
06/29/2023 06/29/23 Sold $490,000 0.0% $233 / Sq Ft
06/08/2023 06/08/23 For Sale $490,000 -- $233 / 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 $4,912 $195,600 $30,000 $165,600
2023 $1,274 $181,840 $28,000 $153,840
2022 $4,121 $153,880 $28,000 $125,880
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: 10240566

Georgia MLS

APN: 08-00065-00-287