NOT LISTED FOR SALE

5709 Ridgewater Dr Gainesville, GA 30506

Estimated Value: $64,000 - $198,000

0.69 Acre
$155,668 Price per Acre
30,056 Sq Ft Lot

Last Sold April 17, 2020

Last sale price $38,000

Est. 183% increase in value since last sale

Current estimated payment $659/month

Highlights

  • Lake Front
  • Fishing
  • Partially Wooded Lot
  • Boat Dock
  • Community Lake
  • Community Pool

About This Lot

As of April 2020

Don't miss this incredible opportunity! Priced below market value!! Absolutely the best remaining lot in the subdivision. Level and across the street from the swimming pool and tennis courts. Don't wait, come build your dream house in a prime location in North Hall on Lake Lanier. Soil Test just completed and soil is great! Can send soil test documents upon request.

Last Agent to Sell the Property

Ashley Santiago

The Norton Agency License #370321 Listed on: 12/09/2019

The Norton Agency

Last Buyer's Agent

Doug Holt

NOT A VALID MEMBER License #357020

NOT A VALID MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $338

Lot Details

  • 0.69 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Partially Wooded Lot
  • Landscaped with Trees
  • Property is zoned GA

HOA Fees

  • $33 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Phone Available

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 10011B000072

Community Details

Overview

  • Ridgewater On Lanier Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Fishing
  • Courtesy Dock

Property Details

Property Type

Land

Est. Annual Taxes

$338

Lot Details

0

HOA Fees

$33 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: Deed Restrictions
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Lanier

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Community Dock, Fishing, Homeowners Assoc, Lake, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Ridgewater on Lanier

Schools

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

Lot Info

  • Acres: 0.6900
  • Lot: 68
  • Timber: Hardwoods
  • Land/Lot: 68
  • Possible Use: Residential
  • Current Zoning: GA
  • Deed Book: 8227
  • Deed Page: 47
  • Current Use: Residential
  • Lot Features: Level
  • Parcel Number: 10011B000072
  • Price Acre Dollar: 55072.46
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 338.00
  • Assessor Parcel Number: 10-0011B-00-072
  • Additional Assessor Parcel Numbers: 25817
  • Close Date: 2020-04-17
  • Tax Year: 2018

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
Dec 9, 2019
Closed on
Apr 17, 2020
Sold by
Westbrook Ronald W
Bought by
Magee John David and Mcdonald Michael Patrick
Seller's Agent
Ashley Santiago
The Norton Agency
Buyer's Agent
Doug Holt
NOT A VALID MEMBER
List Price
$39,900
Sold Price
$38,000
Premium/Discount to List
-$1,900
-4.76%
Current Estimated Value
$107,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,411
Avg. Annual Appreciation
20.79%
Original Mortgage
$31,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 22, 2019
Sold by
Midland Ira Inc Fbo
Bought by
Westbrook Ronald W and Westbrook Jacqueline A
Seller's Agent
Matthew Rhule
RE/MAX Center
Buyer's Agent
Matthew Rhule
RE/MAX Center
List Price
$35,000
Sold Price
$25,000
Premium/Discount to List
-$10,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.92%

Purchase Details

Closed on
Sep 7, 2016
Sold by
Bwe Land Llc
Bought by
Midland Ira Inc Fbo and Rangan Kasthuri
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
Magee John David $38,000 --
Westbrook Ronald W $25,000 --
Midland Ira Inc Fbo $34,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Magee John David $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2020 04/17/20 Sold $38,000 -4.8% --
02/23/2020 02/23/20 Pending -- -- --
12/09/2019 12/09/19 For Sale $39,900 +59.6% --
02/22/2019 02/22/19 Sold $25,000 -28.6% -- View Prior Sale
02/07/2019 02/07/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $35,000 -- --
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 $691 $28,000 $28,000 $0
2023 $532 $21,560 $21,560 $0
2022 $343 $13,320 $13,320 $0
2021 $349 $13,320 $13,320 $0
2020 $270 $10,040 $10,040 $0
2019 $327 $12,000 $12,000 $0
2018 $338 $12,000 $12,000 $0
2017 $334 $12,000 $12,000 $0
2016 $147 $5,400 $5,400 $0
2015 $148 $5,400 $5,400 $0
2014 $148 $5,400 $5,400 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Ashley Santiago

    The Norton Agency

    (678) 815-8755

    22 Total Sales

    Ashley Santiago
    Section Image

  • D

    Buyer's Agent in 2020

    Doug Holt

    NOT A VALID MEMBER

    Section Image
  • Matthew Rhule

    Seller's Agent in 2019

    Matthew Rhule

    RE/MAX

    (678) 522-5060

    70 Total Sales

    Matthew Rhule
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6654771

First Multiple Listing Service (FMLS)

APN: 10-0011B-00-072

Georgia Hall County Gainesville 30506

5709 Ridgewater Dr, Gainesville, GA

This home is located at 5709 Ridgewater Dr, Gainesville, GA 30506 since 09 December 2019 and is currently estimated at $107,411. 5709 Ridgewater Dr 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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