NOT LISTED FOR SALE

5238 Forest Cove Rd Gainesville, GA 30506

Estimated Value: $395,706 - $492,000

3 Beds
2 Baths
1,655 Sq Ft
$268/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $380,000 $230 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,627/month

7 Days on Market

Highlights

  • Home Theater
  • RV or Boat Parking
  • Community Lake
  • Spa
  • Lake View
  • Vaulted Ceiling

About This Home

As of October 2022

OMG......This one is an absolute jewel! One may not even want to leave home!!!! This beautiful North Hall home offers a cozy 3 bedrooms with 2 baths, open concept dining/living room with vaulted ceilings, hardwood & tile floors, granite counters, stainless steel appliances, double vanity, fireplace, bonus/play/movie room, fresh paint, hot tub, pool, no HOA, plenty of parking with room for RV/boat parking, wrap around front porch, two back decks overlooking a private wooded fenced back yard, soded front yard and situated on approx .82 acres, Lanier Atlanta lake community, seasonal peek-a-boo lake view, conveniently located to schools, shopping, hospital, Lake Lanier Islands, Helen Georgian & North Georgia Mountains. This one will not disappoint! Owner is a licensed agent.

Last Agent to Sell the Property

Robin Cole

Grindle Real Estate Group License #204611 Listed on: 09/01/2022

Grindle Real Estate Group

Last Buyer's Agent

Camden Saxon

Chris McCall Realty License #423440

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,105

Year Built

  • Built in 1997

Lot Details

  • 0.82 Acre Lot
  • Chain Link Fence
  • Back Yard Fenced
  • Partially Wooded Lot
  • Grass Covered Lot

Property Views

  • Lake
  • Seasonal

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Great Room
  • Home Theater
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry in Kitchen

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • 2 Car Garage
  • Parking Pad
  • Side or Rear Entrance to Parking
  • RV or Boat Parking

Pool

  • Spa
  • Above Ground Pool

Schools

  • Mount Vernon Elementary School
  • North Hall Middle School
  • North Hall High School

Utilities

  • Central Heating and Cooling System
  • Dual Heating Fuel
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lanier Atlanta Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,105

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Financing Type: Conventional 95%
  • Levels: One and One Half
  • Lot Size Acres: .82
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Ice Maker, Microwave, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Basement: None
  • Interior Amenities: Vaulted Ceiling(s), High Ceilings, Double Vanity, Soaking Tub, Other, Separate Shower, Walk-In Closet(s), Whirlpool Bath
  • Accessibility Features: Other
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced, Back Yard, Chain Link
  • Lot Features: Other
  • Pool Features: Hot Tub, Above Ground
  • Property Condition: Resale
  • Roof: Composition
  • View: Seasonal View, Lake

Garage/Parking

  • Parking Features: Attached, Garage, Parking Pad, RV/Boat Parking, Side/Rear Entrance
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Central, Hot Water, Dual
  • Laundry Features: Laundry Closet, In Kitchen
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mount Vernon
  • High School: North Hall
  • High School Bus: Yes
  • Middle School: North Hall
  • Middle School Bus: Yes
  • Elementary School: Mount Vernon
  • Middle School: North Hall
  • High School: North Hall

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2105

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 6, 2022
Sold by
Farina John
Bought by
Farina John and Farina Stephanie
Seller's Agent
Robin Cole
Grindle Real Estate Group
Buyer's Agent
Camden Saxon
Chris McCall Realty
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%
Total Days on Market
7
Views
39
Current Estimated Value
$443,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,427
Avg. Annual Appreciation
5.95%
Original Mortgage
$361,000
Outstanding Balance
$349,169
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$94,258

Purchase Details

Closed on
Nov 1, 2017
Sold by
Cole Guy Daniel
Bought by
Cole Guy Daniel and Cole Robin

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jun 25, 2015
Sold by
Johnson Paul
Bought by
Cole Guy Daniel
Seller's Agent
Greg Shadburn
BHHS Georgia Properties
Buyer's Agent
Robin Cole
Grindle Real Estate Group
List Price
$197,500
Sold Price
$179,000
Premium/Discount to List
-$18,500
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$163,919
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 30, 2014
Closed on
Nov 25, 2014
Sold by
Haygood Marvin E
Bought by
Johnson Paul and Johnson Mary
Seller's Agent
James Lyons
NOT A VALID MEMBER
Buyer's Agent
Greg Shadburn
Berkshire Hathaway HomeServices Georgia Properties
List Price
$155,900
Sold Price
$155,000
Premium/Discount to List
-$900
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.17%
Original Mortgage
$152,192
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2011
Sold by
Secretary Of Housing And U
Bought by
Haygood Marvin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,626
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2011
Sold by
Patterson Kevin P and Patterson Myra L
Bought by
Everbank

Purchase Details

Closed on
Jan 6, 1997
Sold by
Hewell M Diane
Bought by
Patterson Kevin Myra
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
Farina John -- --
Farina John $380,000 --
Cole Guy Daniel -- --
Cole Guy Daniel $179,000 --
Johnson Paul $155,000 --
Haygood Marvin E $83,750 --
Everbank $229,226 --
Patterson Kevin Myra $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farina John $361,000
Previous Owner Cole Guy Daniel $153,960
Previous Owner Cole Guy Daniel $26,000
Previous Owner Cole Guy Daniel $163,770
Previous Owner Cole Guy Daniel $163,919
Previous Owner Johnson Paul $152,192
Previous Owner Haygood Marvin E $81,626
Previous Owner Patterson Kevin P $197,671
Previous Owner Patterson Kevin $29,600
Previous Owner Patterson Myra L $162,000
Closed Patterson Kevin Myra $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $380,000 0.0% $230 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $379,900 +112.2% $230 / Sq Ft
06/25/2015 06/25/15 Sold $179,000 0.0% $108 / Sq Ft
06/25/2015 06/25/15 Sold $179,000 -5.7% $107 / Sq Ft
05/10/2015 05/10/15 Pending -- -- --
05/10/2015 05/10/15 Pending -- -- --
04/28/2015 04/28/15 Price Changed $189,900 -3.8% $114 / Sq Ft
04/21/2015 04/21/15 For Sale $197,500 +27.4% $119 / Sq Ft
11/25/2014 11/25/14 Sold $155,000 -0.6% $94 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $155,900 -- $94 / 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 $3,287 $132,120 $11,080 $121,040
2023 $2,736 $125,640 $11,080 $114,560
2022 $2,626 $101,120 $10,360 $90,760
2021 $2,105 $79,400 $5,760 $73,640
2020 $2,070 $75,920 $5,760 $70,160
2019 $2,206 $80,240 $5,760 $74,480
2018 $2,000 $70,400 $4,400 $66,000
2017 $1,795 $63,760 $4,400 $59,360
2016 $1,756 $63,880 $4,520 $59,360
2015 $1,248 $44,833 $4,520 $40,313
2014 $1,248 $44,833 $4,520 $40,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20071140

Georgia MLS

APN: 10-00132-00-009