NOT LISTED FOR SALE

5587 Waterwood Dr Gainesville, GA 30506

Estimated Value: $274,000 - $325,000

2 Beds
1.5 Baths
1,504 Sq Ft
$196/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $145,000 $96 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,807/month

56 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Community Lake
  • Cartersville Primary School Rated A-
  • RV Access or Parking
  • Clubhouse

About This Home

As of November 2020

Updated in 2017. Kitchen with new Stainless Appliances, Solid Surface, New Silestone Countertops and Flooring. Master Bath with separate Garden Tub and Shower. Large Family Room opens to the Kitchen with separate, large Dining Room adjacent to the Kitchen. This home has access to Lake Lanier. The Community has a Boat Ramp, Jr. Olympic-Size Pool, Clubhouse, Playground, Tennis Courts, Picnic Area, Large Field for all kinds of fun. HOA fee includes Swim, Tennis, Playground, Boat Ramp with access to the Lake.

Last Agent to Sell the Property

Sylvia Kametches-Padrick

Realty Associates of Atlanta, LLC. License #104551 Listed on: 07/02/2020

Realty Associates of Atlanta, LLC.

Last Buyer's Agent

Mark Smith

NOT A VALID MEMBER License #396472

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,245

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 97 x 104
  • Lake Front
  • Property fronts a private road
  • Chain Link Fence
  • Level Lot
  • Back and Front Yard

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • 2 Carport Spaces
  • RV Access or Parking
  • Unassigned Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Well
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot K25-26
  • Assessor Parcel Number 11131A001324

Community Details

Overview

  • Paragon Realty Service Association, Phone Number (770) 781-2624
  • Leisure Lake Village Subdivision
  • Rental Restrictions
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Boating
  • RV or Boat Storage in Community
  • Powered Boats Allowed
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,245

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Updated/Remodeled
  • Year Built: 1967
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1504.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub, Tub/Shower Combo

Exterior Features

  • Other Structures: Outbuilding, Shed(s)
  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Metal
  • Fencing: Chain Link, Fenced
  • Patio And Porch Features: Covered, Deck
  • Exterior Features: Storage
  • View: Lake, Mountain(s)

Garage/Parking

  • Number of Carport Spaces: 2
  • Number of Garage Spaces: 1
  • Parking Features: Carport, Covered, Detached, Garage, RV Access/Parking, Unassigned

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Carbon Monoxide Detector(s), Fire Alarm
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis, Water
  • HOA Rent Restrictions: Yes
  • Community Features: Boating, Clubhouse, Community Dock, Homeowners Assoc, Lake, Near Schools, Near Shopping, Playground, Powered Boats Allowed, RV/Boat Storage, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Hoa Contact Phone: 404-392-1391
  • Management Company Email: PRS.cincwebaxis.com
  • Management Phone: 770-781-2624
  • Subdivision Complex: Leisure Lake Village

Association/Amenities

  • Management Company: Paragon Realty Service

Lot Info

  • Acres: 0.2300
  • Lot: K25-26
  • Plat Book: 41
  • Plat Page: 268-2
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Dimensions: 97 X 104
  • Parcel Number: 11131A001324
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Thermostat, Water Heater
  • Green Energy Generation: None

Tax Info

  • Taxes: 1245.00
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lanier
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Nov 23, 2020
Sold by
Porter Earl Henry
Bought by
Winsett Raymond Arthur
Seller's Agent
Sylvia Kametches-Padrick
Realty Associates of Atlanta, LLC.
Buyer's Agent
Mark Smith
NOT A VALID MEMBER
List Price
$135,000
Sold Price
$145,000
Premium/Discount to List
$10,000
7.41%
Current Estimated Value
$294,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,945
Avg. Annual Appreciation
15.26%
Original Mortgage
$142,373
Outstanding Balance
$125,960
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$168,985

Purchase Details

Listed on
Oct 12, 2017
Closed on
Nov 8, 2017
Sold by
Magin Sondra Maxine
Bought by
Porter Earl Henry
Seller's Agent
Brad Adams
Maximum One Greater Atlanta Realtors
Buyer's Agent
Lisa Carver
Compass
List Price
$100,000
Sold Price
$96,500
Premium/Discount to List
-$3,500
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Jackson Sondra Maxine
Bought by
Magin Sondra Maxine

Purchase Details

Closed on
Mar 13, 1998
Sold by
Jackson Carl Rufus
Bought by
Ackson Carl Rufus Trustee
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
Winsett Raymond Arthur $145,000 --
Porter Earl Henry $96,500 --
Magin Sondra Maxine -- --
Ackson Carl Rufus Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winsett Raymond Arthur $142,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2020 11/23/20 Sold $145,000 +7.4% $96 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $135,000 +39.9% $90 / Sq Ft
11/06/2017 11/06/17 Sold $96,500 -3.5% $64 / Sq Ft View Prior Sale
10/19/2017 10/19/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $100,000 -- $66 / 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 $2,399 $94,212 $13,360 $80,852
2023 $2,575 $101,352 $11,800 $89,552
2022 $1,932 $72,192 $11,800 $60,392
2021 $1,595 $66,172 $11,800 $54,372
2020 $1,230 $42,772 $11,800 $30,972
2019 $1,245 $50,532 $16,840 $33,692
2018 $964 $31,595 $15,720 $15,875
2017 $333 $31,595 $15,720 $15,875
2016 $933 $31,595 $15,720 $15,875
2015 $337 $31,595 $15,720 $15,875
2014 $337 $31,595 $15,720 $15,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6746700

First Multiple Listing Service (FMLS)

APN: 11-0131A-01-324