NOT LISTED FOR SALE

5484 Fishermans Cove Gainesville, GA 30506

Estimated Value: $891,000 - $1,058,000

5 Beds
4 Baths
3,020 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $850,000 $281 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,966/month

Highlights

  • Boat Dock
  • View of Trees or Woods
  • Community Lake
  • Gated Community
  • Craftsman Architecture
  • Deck

About This Home

As of September 2022

This recently completed and exquisitely customized new construction home is about as perfect as a house can be with 5 bedrooms, 4 baths, a full ready-to-finish basement, and 3 car garage, all appointed with timeless upgrades and on-trend color selections. The master-on-main suite with its dual vanities, soaking tub and oversized shower leads to a custom closet installation and laundry built into the suite for maximum ease of daily living. The kitchen boasts premium cabinetry, appliances, lighting and plumbing fixtures and a magazine-ready aesthetic. Hardwoods throughout the main level are perfectly complimented by the coffered ceiling and stacked stone fireplace of the living room that leads to the most peaceful screen porch. This home sits on one of the most beautiful lots within this gated, lakeside community with stunning, and indefinitely protected back yard views. A full list of the more than $150k upgrades is available upon request. This rare re-sale opportunity in the new home community of Chestatee Cove is due to corporate relocation shortly after construction completion.

Last Agent to Sell the Property

Wade Works Team

Wade Works Real Estate License #360617 Listed on: 07/21/2022

Last Buyer's Agent

DIXIE MULLANEY

Atlanta Communities License #225001

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $639

Year Built

  • Built in 2022

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 246 x 174
  • Property fronts a private road
  • Landscaped
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Coffered Ceiling
  • Insulated Windows
  • Plantation Shutters
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Screened Porch
  • Wood Flooring
  • Views of Woods
  • Security Gate
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Gas Grill
  • Rain Gutters

Schools

  • Lanier Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8
  • Assessor Parcel Number 11134 000077

Community Details

Overview

  • Chestatee Cove Subdivision
  • Rental Restrictions
  • Community Lake

Recreation

  • Boat Dock

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$639

Year Built

Built in 2022

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Legal Description: All that tract or parcel of land lying and being in Land Lot 134 of the 11th District, Hall County, Georgia, and being Lot 8, all of Phase 1 of Chestatee Cove Subdivision, as per plat recorded in Plat Book 857, Page 171, et. seq., Hall County, Georgia Records.
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2022
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 3020.00
  • Below Grade Sq Ft: 2450.00
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave, Range Hood
  • Interior Amenities: Coffered Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Unfinished
  • Kitchen Features: Breakfast Bar, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Office, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3020.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Main Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 3
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Rear Porch, Screened
  • Exterior Features: Balcony, Gas Grill, Rain Gutters
  • View: Trees/Woods
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Gate, Security Service
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts, Other

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Community Dock, Gated, Homeowners Assoc, Lake
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Chestatee Cove

Schools

  • Elementary School: Lanier
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Acres: 0.9500
  • Lot: 8
  • Land/Lot: 134
  • Plat Book: 857
  • Plat Page: 171
  • Lot Features: Landscaped, Wooded
  • Lot Dimensions: 246 x 174
  • Parcel Number: 11134 000077
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 639.00
  • Assessor Parcel Number: 11-00134-00-077
  • Close Date: 2022-09-27
  • Tax Year: 2021

MLS Schools

  • Elementary School: Lanier
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 27, 2022
Sold by
Edwards Sheryl Lance
Bought by
Ferenstein Teresa and Foster Steven
Seller's Agent
Wade Works Team
Wade Works Real Estate
Buyer's Agent
DIXIE MULLANEY
Atlanta Communities
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%
Views
16
Current Estimated Value
$977,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,822
Avg. Annual Appreciation
4.72%
Original Mortgage
$350,000
Outstanding Balance
$335,891
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$641,931

Purchase Details

Closed on
Apr 28, 2022
Sold by
Lowe Properties Llc
Bought by
Edwards Sheryl Lance and Edwards Charles Clifton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,064
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2021
Sold by
Chestatee Cove Partners Llc
Bought by
Lowe Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,011,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2015
Sold by
Manor Real Estate Holdings Ll
Bought by
Chestatee Cove Partners Llc

Purchase Details

Closed on
Mar 30, 2012
Sold by
First Citizens Bank And Tr
Bought by
Manor Real Estate Holdings Llc

Purchase Details

Closed on
Dec 31, 2007
Sold by
Ellison Heritage Inc
Bought by
Chestatee Cove Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ferenstein Teresa $850,000 --
Edwards Sheryl Lance $712,580 --
Lowe Properties Llc $240,000 --
Chestatee Cove Partners Llc $51,900 --
Manor Real Estate Holdings Llc $920,000 --
Chestatee Cove Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferenstein Teresa $350,000
Previous Owner Edwards Sheryl Lance $570,064
Previous Owner Lowe Properties Llc $1,011,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2022 09/27/22 Sold $850,000 -5.6% $281 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $900,000 -- $298 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $8,488 $339,160 $91,240 $247,920
2023 $7,841 $328,800 $91,240 $237,560
2022 $3,360 $124,240 $29,880 $94,360
2021 $639 $20,880 $20,880 $0
2020 $656 $20,880 $20,880 $0
2019 $728 $23,360 $23,360 $0
2018 $511 $14,880 $14,880 $0
2017 $507 $14,880 $14,880 $0
2016 $656 $25,000 $25,000 $0
2015 $1,424 $25,000 $25,000 $0
2014 $1,424 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7087449

First Multiple Listing Service (FMLS)

APN: 11-00134-00-077