NOT LISTED FOR SALE

5617 Oak Ridge Dr Gainesville, GA 30506

Estimated Value: $590,000 - $1,062,457

0.8 Acre
$1,133,268 Price per Acre
34,848 Sq Ft Lot

Last Sold October 07, 2016

Last sale price $238,000

Est. 281% increase in value since last sale

Current estimated payment $5,497/month

Highlights

  • 126 Feet of Waterfront
  • Boating
  • Fishing
  • Covered dock with one slips
  • Deep Water Access
  • Lake On Lot

About This Lot

As of October 2016

Large 3/4 acre deep water lake lot on Lake Lanier. Lot is on Chestatee part of Lake Lanier, Close to 400 and 5 minutes from North Georgia outlets. 3 miles east of route 400. Water is 10 feet deep at end of dock. Single slip boat dock and swim platform, but qualifies for double slip boat dock. Mobile home was torn down recently so water well is already in place and working-dedicated to this property. Septic is also in place from previous home. Neighborhood is residential with all single family homes. Survey available.

Last Agent to Sell the Property

RONALD TATREAU

NOT A VALID MEMBER License #174044 Listed on: 05/07/2016

Last Buyer's Agent

RONALD TATREAU

NOT A VALID MEMBER License #174044 Listed on: 05/07/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,310

Lot Details

  • 0.8 Acre Lot
  • 126 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot

Schools

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

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 11134 000035

Community Details

Overview

  • Lanier Subdivision
  • Community Lake

Recreation

  • Boating
  • Fishing
  • Deep Water Access
  • Waterfront Platform
  • Covered dock with one slips
  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,310

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Waterfront Frontage: 126
  • Lake Name: Lanier

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Lake
  • Subdivision Complex: Lanier

Schools

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

Lot Info

  • Acres: 0.8000
  • Lot: 18
  • Land/Lot: 134
  • Current Zoning: R
  • Plat Book: 17
  • Plat Page: 134
  • Lot Features: Cul-De-Sac, Lake On Lot, Sloped
  • Lot Dimensions: Approx 3/4 Acre
  • Parcel Number: 11134 000035
  • Price Acre Dollar: 297500.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 2310.00
  • Assessor Parcel Number: 11-00134-00-035
  • Close Date: 2016-10-07
  • Tax Year: 2015

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Oct 7, 2016
Sold by
Henn Timothy J
Bought by
Kinsey Kelly D and Kinsey Kelley C
Seller's Agent
RONALD TATREAU
NOT A VALID MEMBER
Buyer's Agent
RONALD TATREAU
NOT A VALID MEMBER
List Price
$260,000
Sold Price
$238,000
Premium/Discount to List
-$22,000
-8.46%
Current Estimated Value
$906,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,614
Avg. Annual Appreciation
15.98%
Original Mortgage
$178,500
Outstanding Balance
$83,598
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$823,016

Purchase Details

Closed on
Aug 31, 2005
Sold by
Vick Robin D
Bought by
Henn Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2000
Sold by
Vick Robin D and Vick Stephen L
Bought by
Vick Robin D

Purchase Details

Closed on
Sep 1, 1995
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
Kinsey Kelly D -- --
Kinsey Kelly D $238,000 --
Henn Timothy J $240,000 --
Vick Robin D -- --
-- $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinsey Kelly D $178,500
Closed Kinsey Kelly D $178,500
Previous Owner Henn Timothy J $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $238,000 -8.5% --
08/17/2016 08/17/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $260,000 -- --
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 $8,296 $333,240 $138,680 $194,560
2023 $7,603 $305,160 $121,360 $183,800
2022 $7,086 $272,560 $121,360 $151,200
2021 $6,939 $261,880 $121,360 $140,520
2020 $7,000 $256,560 $121,360 $135,200
2019 $6,871 $249,520 $121,360 $128,160
2018 $4,328 $153,760 $105,840 $47,920
2017 $2,651 $99,200 $96,760 $2,440
2016 $2,037 $84,800 $82,240 $2,560
2015 $3,856 $84,800 $82,240 $2,560
2014 $3,856 $140,800 $138,240 $2,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5688868

First Multiple Listing Service (FMLS)

APN: 11-00134-00-035