$610,000
SOLD MAY 21, 2024

5421 Yachtsman Ln Gainesville, GA 30504

0.77 Acre
$792,208 Price per Acre
33,541 Sq Ft Lot

Recently Sold

6% Below List Price

143 Days on Market

Highlights

  • Beach Front
  • Single Slip
  • Fishing
  • Boat Dock
  • Deep Water Access
  • Lake View

About This Lot

As of May 2024

Imagine Waking Up Every Morning to the Serene Beauty of the Lake, with the Freedom to Create Your Own Private Oasis. Beautiful Lake Front Lot in Exclusive Bay Pointe Subdivision. Bay Pointe is a Community on a Private Peninsula Bay. This Stunning Lot Spans .77 Acres with Approximately 73 Feet of Rip Rapped Shoreline where You Can Enjoy Breathtaking Lake Views from the Comfort of Your Own Backyard. Step Outside for an Easy Walk to the Waters Edge; Fish or Put in the Kayaks or Paddle Board from Your Own Backyard that has Room for a Swimming Pool. Bay Pointe Community Features a Community Covered Dock with a Deeded Boat Slip Allowing Easy Access to the Sparkling Waters. And the Best Part, Exceptionally Low HOA Fees! One of the Greatest Advantages of Bay Pointe is its Easy Access to Gainesville for All of Your Shopping Needs and Medical Facilities. Plus, Getting on I-985 Will be a Breeze Making Your Daily Commute Hassle Free with South End Lake Lanier. Location. This Lot is Already Leveled, Requiring Little to No Grading. At Bay Pointe Each Lot has a Deeded Boat Slip. With Gently Sloping Lake Lots and Panoramic Hilltop Views. This Community is on a Peninsula in Southern Hall County, Midway Between Buford and Gainesville. Hurry and Don’t Miss this Fantastic Opportunity to Build Your Dream Home. Deeded Dock Slip Number 7 on the Right Leg.

Last Agent to Sell the Property

Teri Frye

Mosaic Real Estate Marketing Services License #124867

Co-Listed By

Pete Frye

Mosaic Real Estate Marketing Services License #124410

Last Buyer's Agent

Donika Parker

EXP Realty, LLC. License #302752

EXP Realty, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,410

Lot Details

  • 0.77 Acre Lot
  • Beach Front
  • 72 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Cleared Lot
  • Partially Wooded Lot
  • Landscaped with Trees
  • Grass Covered Lot
  • Property is zoned R1

HOA Fees

  • $71 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 218
  • Assessor Parcel Number 08078 000218

Community Details

Overview

  • Bay Pointe Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Boating
  • Powered Boats Allowed
  • Fishing
  • Deep Water Access
  • Single Slip
  • Covered dock with one slips
  • Covered Dock
  • Deeded Dock Access
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$4,410

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: BAY POINTE LOT 218 PHASE 2
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Property Condition: Resale
  • Restrictions Requirements: Archit Controls, W/In Arc Limits
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Waterfront Frontage: 72
  • Lake Name: Lanier
  • Exterior Features: Rain Gutters
  • View: Lake, Water

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Beach Front, Boating, Community Dock, Fishing, Homeowners Assoc, Lake, Powered Boats Allowed, Curbs
  • Association Fee: 850
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Bay Pointe

Schools

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

Lot Info

  • Acres: 0.7700
  • Lot: 218
  • Timber: Hardwoods, Mixed
  • Land/Lot: 78 & 87
  • Possible Use: Residential
  • Current Zoning: R1
  • Deed Book: 8772
  • Deed Page: 681-2
  • Plat Book: 876
  • Plat Page: 274-2
  • Current Use: Residential
  • Lot Features: Cleared
  • Lot Dimensions: x
  • Parcel Number: 08078 000218
  • Price Acre Dollar: 792207.79
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 4410.00
  • Assessor Parcel Number: 08-00078-00-218
  • Close Date: 2024-05-21
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Lake Front, Waterfront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
May 20, 2024
Sold by
Reddaway John David
Bought by
Hernandez Martha E
Seller's Agent
Teri Frye
Mosaic Real Estate Marketing Services
Buyer's Agent
Donika Parker
EXP Realty, LLC.
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Total Days on Market
143
Views
40
Current Estimated Value
$648,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,323
Avg. Annual Appreciation
6.55%

Purchase Details

Listed on
May 9, 2019
Closed on
Mar 26, 2021
Sold by
Starrlight Acquisition Inc
Bought by
Reddaway John David and Reddaway Carol Mammoser
Seller's Agent
PATTI J CHAMBERS
Keller Williams Lanier Partners
Buyer's Agent
PATTI J CHAMBERS
Keller Williams Lanier Partners
List Price
$545,000
Sold Price
$420,000
Premium/Discount to List
-$125,000
-22.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$324,025
Interest Rate
2.9%
Mortgage Type
New Conventional

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $610,000 --
Warranty Deed $420,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,600,000 New Conventional
Previous Owner $324,025 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $610,000 -6.2% --
03/29/2024 03/29/24 Pending -- -- --
11/07/2023 11/07/23 For Sale $650,000 +54.8% --
03/19/2021 03/19/21 Sold $420,000 -1.2% --
09/20/2020 09/20/20 Price Changed $425,000 -2.5% --
03/18/2020 03/18/20 Price Changed $436,000 -20.0% --
05/09/2019 05/09/19 For Sale $545,000 -- --
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
2024 $6,453 $258,000 $230,000 $28,000
2023 $6,726 $258,000 $230,000 $28,000
2022 $4,410 $172,000 $172,000 $0
2021 $4,597 $172,000 $172,000 $0
2020 $6,506 $238,000 $238,000 $0
2019 $6,530 $238,000 $238,000 $0
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7299886

First Multiple Listing Service (FMLS)

APN: 08-00078-00-218