NOT LISTED FOR SALE

5467 Carolean St Gainesville, GA 30506

Estimated Value: $645,000 - $845,330

3 Beds
3 Baths
1,316 Sq Ft
$549/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $600,000 $456 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,385/month

77 Days on Market

Highlights

  • 199 Feet of Waterfront
  • Docks
  • Deck
  • Mount Vernon Elementary School Rated 9+
  • Lake View
  • Ranch Style House

About This Home

As of August 2024

Lake Lanier gated estate - Long driveway leads to private and secluded cottage on 1.54 acres with year round views of water and an easy walk to the boathouse. Inside you'll find hardwood floors with a stone fireplace in the great room that's open to the dining room and kitchen. Your favorite spot will be the screened porch or the sun deck, both with beautiful views of the almost flat back yard leading to the water. The additional lakefront lot has 29 feet of lake frontage and 73 feet of frontage at the cul-de-sac. The detached garage makes great space for extra vehicles or for the hobbyist looking for a workshop. Make this your weekend getaway or it would also be a great full time residence. No seller disclosure as seller never lived there - Estate property.

Last Agent to Sell the Property

Kim Waters

The Norton Agency License #147810 Listed on: 05/09/2024

The Norton Agency

Last Buyer's Agent

Ashley Lazarian

Real Broker LLC License #291747

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 1972

Lot Details

  • 0.64 Acre Lot
  • 199 Feet of Waterfront
  • Lake Front

Home Design

  • Ranch Style House
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Carport

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Docks
  • Deck

Schools

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

Utilities

  • Heat Pump System
  • 220 Volts
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Shady Lanes Subdivision

Listing and Financial Details

  • Tax Lot 25 26

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,209

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Section: 00
  • Year Built: 1972
  • ArchitecturalStyle: Ranch
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .64
  • Other Sturctures: Garage(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1316
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1316
  • Above Grade Finished Sq Ft: 1316
  • Interior Amenities: Master On Main Level, Other
  • Feature Name: Lanier
  • Accessibility Features: Accessible Entrance
  • Full Bathrooms: 3
  • Flooring: Carpet, Hardwood
  • Window Features: Double Pane Windows

Beds/Baths

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

Exterior Features

  • Waterfront Frontage: 199
  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Dock
  • Foundation Details: Block
  • Lot Features: Other
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake

Garage/Parking

  • Parking Features: Carport, Garage

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

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

Lot Info

  • Land Lot: 133
  • Lot: 25 26

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2209

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Aug 27, 2024
Sold by
Irvin Darrell Scott
Bought by
Duke Abram and Duke Angela
Seller's Agent
Kim Waters
The Norton Agency
Buyer's Agent
Ashley Lazarian
Real Broker LLC
List Price
$700,000
Sold Price
$600,000
Premium/Discount to List
-$100,000
-14.29%
Views
66
Current Estimated Value
$723,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,083
Avg. Annual Appreciation
16.10%
Original Mortgage
$480,000
Outstanding Balance
$474,865
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$248,218

Purchase Details

Closed on
Aug 28, 2000
Sold by
Irvin Peggy A
Bought by
Peggy A Irvin Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duke Abram $600,000 --
Peggy A Irvin Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duke Abram $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $600,000 -7.7% $456 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $650,000 -7.1% $494 / Sq Ft
05/09/2024 05/09/24 For Sale $700,000 -- $532 / 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 $6,806 $272,840 $193,520 $79,320
2023 $2,514 $281,400 $193,520 $87,880
2022 $1,270 $138,840 $77,400 $61,440
2021 $1,291 $133,800 $77,400 $56,400
2020 $1,295 $131,160 $77,400 $53,760
2019 $1,290 $127,440 $77,400 $50,040
2018 $1,203 $115,360 $72,320 $43,040
2017 $1,098 $111,400 $72,320 $39,080
2016 $3,101 $111,400 $72,320 $39,080
2015 $958 $111,400 $72,320 $39,080
2014 $958 $107,258 $72,320 $34,938
Source: Public Records

Agents Affiliated with this Home

  • Kim Waters

    Seller's Agent in 2024

    Kim Waters

    The Norton Agency

    (770) 540-3788

    163 Total Sales

    Kim Waters
    Section Image
  • Ashley Lazarian

    Buyer's Agent in 2024

    Ashley Lazarian

    Real Broker LLC

    (678) 776-0177

    117 Total Sales

    Ashley Lazarian
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10295901

Georgia MLS

APN: 10-00133-09-042

Georgia Hall County Gainesville 30506

5467 Carolean St, Gainesville, GA

Not Listed for Sale

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