NOT LISTED FOR SALE

5488 Saddle Club Rd Gainesville, GA 30506

Estimated Value: $410,000 - $482,000

3 Beds
2 Baths
1,800 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $410,000 $228 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,683/month

Highlights

  • Private Lot
  • 1-Story Property
  • Central Heating and Cooling System
  • Rural View

About This Home

As of September 2021

PERFECT INVESTMENT PROPERTY/BUILDER PROPERTY**Fabulous income producing property. ***Total of 6.19 Acres of beautiful Open Land***Build your dream home and have rental income*** 5 apartments in one area and a home in the next lot. All properties are on their own septic system and are on well. All are occupied with the exception of the one at $950.00. The rest of the land is vacant. All of the land is under separate 5488 Saddle Club 0.96, 5494 Saddle 0.93, 5476 Saddle 0.56, 5466 Saddle 0.54, 5462 Saddle 0.59, 5482 Saddle 0.86, 5486 Saddle 1.15, 5472 Saddle 0.6. GREAT CAP RATE TOTAL RENT IS $4600.**Can not view inside the apartments until in Due Diligence. DO NOT WALK THE PROPERTY AT ALL, PLEASE DO NOT DISTURB THE TENANTS!!! Please be respectful to the tenants that are currently living here. Please call with any questions. Send pre-approval letter/proof of funds with offer. Mobile home at the beginning of property is on the land owned by the owner, the actual mobile itself is owned by someone else. We can discuss the mobile home. I can provide copy's of the tax records for each parcel. 17 Minutes to the North GA University

Last Agent to Sell the Property

Kathleen Longspaugh

Crye-Leike, Realtors License #359511 Listed on: 07/27/2021

Crye-Leike, Realtors

Last Buyer's Agent

Nadav akselrad

JNL Smart Realty, LLC License #387030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,852

Year Built

  • Built in 1993

Lot Details

  • 6.19 Acre Lot
  • Lot Dimensions are 439 x 118
  • Private Lot
  • Level Lot

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Rural Views

Parking

  • 8 Parking Spaces
  • Parking Lot

Schools

  • Sardis Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 10026 000001A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,852

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1993
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Roof Type: Metal
  • View: Rural

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking Features: Parking Lot

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available

Schools

  • Elementary School: Sardis
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Acres: 6.1900
  • Plat Book: 6456
  • Plat Page: 138
  • Lot Features: Level, Private
  • Lot Dimensions: 439 x 118
  • Parcel Number: 10026 000001A
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 6
  • Number Of Units Total: 6

Tax Info

  • Taxes: 5852.00
  • Assessor Parcel Number: 10-00026-00-001A
  • Close Date: 2021-09-17
  • Tax Year: 2020

MLS Schools

  • Elementary School: Sardis
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 12, 2021
Sold by
Weinisman Barak
Bought by
Single Pathway Llc
Seller's Agent
Kathleen Longspaugh
Crye-Leike, Realtors
Buyer's Agent
Nadav akselrad
JNL Smart Realty, LLC
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$458,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,303
Avg. Annual Appreciation
1.95%

Purchase Details

Closed on
Dec 23, 2008
Sold by
Mcintyre Ronnie and Mcintyre Carol
Bought by
5490 Saddle Club Hall 08 Trust

Purchase Details

Closed on
Dec 16, 2008
Sold by
Mcintyre Jason Verdell
Bought by
Mcintyre Ronnie and Mcintyre Carol

Purchase Details

Closed on
Dec 29, 2006
Sold by
Mcintyre Ronnie
Bought by
Simmons Angela Michelle
Source: Public Records

Range of Values:

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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
Single Pathway Llc -- --
5490 Saddle Club Hall 08 Trust $115,000 --
Mcintyre Ronnie -- --
Simmons Angela Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Single Pathway Llc $12,000,000
Previous Owner Mcintyre Ronnie $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $410,000 -3.5% $228 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $425,000 0.0% $236 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $425,000 -- $236 / 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 $2,903 $114,640 $12,120 $102,520
2023 $2,763 $108,960 $12,120 $96,840
2022 $1,186 $85,040 $14,480 $70,560
2021 $1,570 $57,040 $4,360 $52,680
2020 $1,671 $59,120 $4,360 $54,760
2019 $1,585 $55,440 $4,360 $51,080
2018 $1,557 $52,634 $4,360 $48,274
2017 $1,431 $52,634 $4,360 $48,274
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Longspaugh

    Seller's Agent in 2021

    Kathleen Longspaugh

    Crye-Leike

    (813) 215-7797

    68 Total Sales

    Kathleen Longspaugh
    Section Image

  • N

    Buyer's Agent in 2021

    Nadav akselrad

    JNL Smart Realty, LLC

    (937) 654-2676

    84 Total Sales

    Nadav akselrad
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6917257

First Multiple Listing Service (FMLS)

APN: 10-00026-00-001A

Georgia Hall County Gainesville 30506

5488 Saddle Club Rd, Gainesville, GA

This home is located at 5488 Saddle Club Rd, Gainesville, GA 30506 since 27 July 2021 and is currently estimated at $458,303, approximately $254 per square foot. This property was built in 1993. 5488 Saddle Club Rd is a home located in Hall County with nearby schools including Lanier Elementary School, Chestatee Middle School, and Chestatee High School.

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