NOT LISTED FOR SALE

5615 Flat Creek Rd Gainesville, GA 30504

Estimated Value: $853,000 - $1,339,000

0.58 Acre
$1,892,752 Price per Acre
25,265 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $215,000

Est. 411% increase in value since last sale

Current estimated payment $6,528/month

Highlights

  • Lake Front
  • Fishing
  • Community Lake
  • Covered dock with one slips
  • Lake On Lot
  • Partially Wooded Lot

About This Lot

As of February 2021

Elevated, reasonably flat lot with excellent lake views. LOT INCLUDES A BOAT SLIP

Last Agent to Sell the Property

PATTI J CHAMBERS

Keller Williams Lanier Partners License #60492 Listed on: 02/18/2019

Keller Williams Lanier Partners

Last Buyer's Agent

Michelle Vanderwolf

Keller Williams Realty Atlanta Partners License #307002

Keller Williams Realty Atlanta Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,543

Lot Details

  • 0.58 Acre Lot
  • Lake Front
  • Level Lot
  • Partially Wooded Lot
  • Landscaped with Trees
  • Property is zoned R1

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Flowery Branch Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 203
  • Assessor Parcel Number 08078 000203

Community Details

Overview

  • Bay Pointe Subdivision
  • Community Lake

Recreation

  • Fishing
  • Covered dock with one slips
  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$8,543

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Lanier
  • View: Lake

Utilities

  • Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Subdivision Complex: Bay Pointe

Lot Info

  • Acres: 0.5800
  • Lot: 203
  • Timber: Mixed
  • Possible Use: Residential
  • Current Zoning: R1
  • Plat Book: 876
  • Plat Page: 274
  • Current Use: Residential
  • Lot Features: Curbs & Gutters, Lake On Lot, Level
  • Parcel Number: 08078 000203
  • Price Acre Dollar: 370689.66
  • Horse Amenities: None
  • Property Attached Yn: No

Multi Family

  • Waterfront Features: Lake

Tax Info

  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Flowery Branch
  • High School: West Hall
  • Middle School: West Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Feb 11, 2021
Sold by
Starrlight Acquisition Inc
Bought by
Gardner Alana M and Gardner Paul C
Seller's Agent
PATTI J CHAMBERS
Keller Williams Lanier Partners
Buyer's Agent
Michelle Vanderwolf
Keller Williams Realty Atlanta Partners
List Price
$200,000
Sold Price
$215,000
Premium/Discount to List
$15,000
7.5%
Current Estimated Value
$1,097,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,796
Avg. Annual Appreciation
41.36%
Original Mortgage
$165,322
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Gardner Alana M $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gardner Alana M $165,322
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $215,000 -4.4% --
09/20/2020 09/20/20 Price Changed $225,000 +40.6% --
03/18/2020 03/18/20 Price Changed $160,000 -20.0% --
02/18/2019 02/18/19 For Sale $200,000 -- --
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 $8,543 $346,800 $100,000 $246,800
2023 $1,718 $343,880 $114,000 $229,880
2022 $2,247 $90,000 $90,000 $0
2021 $2,394 $90,000 $90,000 $0
2020 $2,788 $102,000 $102,000 $0
2019 $2,778 $102,000 $102,000 $0
Source: Public Records

Agents Affiliated with this Home

  • PATTI J CHAMBERS

    Seller's Agent in 2021

    PATTI J CHAMBERS

    Keller Williams Lanier Partners

    (770) 287-4879

    150 Total Sales

    PATTI J CHAMBERS
    Section Image
  • Michelle Vanderwolf

    Buyer's Agent in 2021

    Michelle Vanderwolf

    Keller Williams Realty Atlanta Partners

    (404) 786-2719

    52 Total Sales

    Michelle Vanderwolf
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6507298

First Multiple Listing Service (FMLS)

APN: 08-00078-00-203

Georgia Hall County Gainesville 30504

5615 Flat Creek Rd, Gainesville, GA

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