NOT LISTED FOR SALE

515 E Lake Dr Gainesville, GA 30506

Estimated Value: $1,050,000 - $1,728,028

4 Beds
3.5 Baths
3,297 Sq Ft
$466/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2017

Last sale price $805,000 $244 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $9,420 / mo

4 Days on Market

Highlights

  • 240 Feet of Waterfront
  • Covered Dock
  • Country Club
  • Double Slip
  • Golf Course Community
  • Deep Water Access

About This Home

As of March 2017

Welcome to Serenity Cove, one of the best kept secrets on beautiful Lake Lanier! This Mid-Century modern beauty sits at water's edge with 240' of shoreline on 1.3 private acres. No close neighbors, as property is protected by CORPS land on 3 sides. walk to water. Double slip covered dock. 4BR/3.5BA, 2 master bedroom suites, stunning new kitchen, new roof 2011, new windows throughout. Massive fireplace in huge greatroom w/adjoining sunroom and walls of windows with amazing lake views. Many unique features and details in this one-of-a-kind property.

Last Agent to Sell the Property

Brad Abernathy

NOT A VALID MEMBER Listed on: 02/06/2017

Last Buyer's Agent

Brad Abernathy

NOT A VALID MEMBER Listed on: 02/06/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 280x63x317x240x117
  • 240 Feet of Waterfront
  • Lake Front
  • Private Lot
  • Irrigation Equipment
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • Multi-Level Property
  • Central Vacuum
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Sun or Florida Room
  • Carpet
  • Lake Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wine Rack

Bedrooms and Bathrooms

  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deep Water Access
  • Double Slip
  • Covered Dock
  • Outbuilding

Schools

  • Centennial Arts Academy Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 01108 002001

Community Details

Overview

  • Chatahoochee Estates Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Country Club

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

1.3 Acres

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 1960
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room, Masonry, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Central Vacuum, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Sun Room, Other
  • Dining Room Features: Separate Dining Room
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Main Bedrooms: 3
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Other Structures: Outbuilding
  • Waterfront Frontage: 240
  • Roof Type: Composition
  • Lake Name: Lanier
  • Exterior Features: Garden
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Community Features: Country Club, Golf Course, Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Chatahoochee Estates

Lot Info

  • Acres: 1.3000
  • Lot: 43
  • Plat Book: 299
  • Plat Page: 89-A
  • Lot Features: Private
  • Lot Dimensions: 280x63x317x240x117
  • Parcel Number: 01108 002001
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Multi Family

  • Waterfront Features: Lake, Lake Front

Tax Info

  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Centennial Arts Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Toms Ellen
Bought by
Toms Ellen and Toms Patrick B
Current Estimated Value
$1,535,007

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 3, 2017
Sold by
Fisher Charles Steven
Bought by
Toms Ellen
Seller's Agent
Brad Abernathy
NOT A VALID MEMBER
Buyer's Agent
Brad Abernathy
NOT A VALID MEMBER
List Price
$869,900
Sold Price
$805,000
Premium/Discount to List
-$64,900
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Jul 29, 2013

Purchase Details

Closed on
Jul 11, 2005
Sold by
Biagi John D and Biagi Karen
Bought by
Fisher Charles Steven and Fisher Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1993
Sold by
Towson L R
Bought by
Biagi John D and Biagi Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.14%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toms Ellen -- --
Toms Ellen $805,000 --
-- $925,000 --
Fisher Charles Steven $840,000 --
Biagi John D $316,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisher Charles Steven $150,000
Previous Owner Biagi John D $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $805,000 -7.5% $244 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $869,900 -- $264 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $15,289 $537,720 $197,760 $339,960
2024 $14,787 $516,320 $217,560 $298,760
2023 $2,032 $506,560 $217,560 $289,000
2022 $2,161 $458,720 $217,560 $241,160
2021 $2,123 $407,640 $174,040 $233,600
2020 $8,675 $288,600 $174,040 $114,560
2019 $4,766 $156,200 $145,040 $11,160
2018 $926 $156,200 $145,040 $11,160
2017 $1,935 $290,840 $138,520 $152,320
2016 $8,618 $284,880 $138,520 $146,360
2015 $4,053 $284,880 $138,520 $146,360
2014 $4,053 $348,360 $215,160 $133,200
Source: Public Records

Agents Affiliated with this Home

  • Brad Abernathy

    Seller's Agent in 2017

    Brad Abernathy

    NOT A VALID MEMBER

    (770) 297-4800

    102 in this area

    196 Total Sales

    Brad Abernathy
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5803385

First Multiple Listing Service (FMLS)

APN: 01-00108-02-001

Georgia Hall County Gainesville 30506

515 E Lake Dr, Gainesville, GA

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