NOT LISTED FOR SALE

5715 Ridgewater Cir Gainesville, GA 30506

Estimated Value: $501,923 - $684,000

3 Beds
3 Baths
2,380 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $275,000 $116 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,368/month

Highlights

  • Boat Dock
  • Traditional Architecture
  • Corner Lot
  • Community Lake
  • Whirlpool Bathtub
  • Stone Countertops

About This Home

As of March 2020

Welcome Home to this quaint Lake Lanier Community! Your new home awaits, perched on a hill overlooking your community pool and tennis court. This large corner lot features a side-entry garage and flat driveway. Inside, you will be welcomed by newly laid flooring, a neutral color scheme, and upgraded lighting fixtures throughout the home. The main level features a large kitchen with an oversized island, granite countertops, and stainless appliances. Just off the kitchen is a covered patio, perfect for entertaining! Also, on the main level is a bedroom and full bathroom. Upstairs, you will find the master suite, another secondary bedroom with private bath, and laundry room. The master suite features separate his and hers closets, tray ceiling, and a sitting area. The large master bath features a separate shower, great counter and storage space, and a large jetted tub. The home also features an unfinished basement, perfect for a workshop, man cave, or wine cellar. Spend your weekends on Lake Lanier via the private community dock or launch at nearby Toto Park. Lots of shopping and the Dawsonville Outlets are a short, 10 minute drive away.

Last Agent to Sell the Property

Maxine Young

Atlanta Communities License #379329 Listed on: 02/06/2020

Atlanta Communities

Last Buyer's Agent

Doug Holt

NOT A VALID MEMBER License #357020

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 2005

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 178 x 166
  • Property fronts a private road
  • Landscaped
  • Corner Lot
  • Sloped Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Shared Dock
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10011B000053

Community Details

Overview

  • Property has a Home Owners Association
  • Association Phone (770) 856-6626
  • Ridgewater On Lanier Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,713

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Assessment Fee Contemplated: Yes
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Partial, Unfinished
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2380.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Side Porch

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Drive Under Main Level, Driveway, Garage, Garage Door Opener, Garage Faces Side, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Community Dock, Homeowners Assoc, Lake, Pool, Tennis Court(s)
  • F H A Condo Approval: Yes
  • Master Association Fee: 400
  • Master Association Fee Frequency: Annually
  • Management Company Email: mnjones60@bellsouth.com
  • Management Phone: 770-856-6626
  • Subdivision Complex: Ridgewater on Lanier

Association/Amenities

  • Number Of Units In Community: 1

Schools

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

Lot Info

  • Acres: 0.6800
  • Lot: .
  • Land/Lot: .
  • Section G M D: .
  • Deed Book: 8050
  • Deed Page: 427
  • Plat Book: 113
  • Plat Page: 232
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Sloped
  • Lot Dimensions: 178 x 166
  • Parcel Number: 10011B000053
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2713.00
  • Assessor Parcel Number: 10-0011B-00-053
  • Close Date: 2020-03-23
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 23, 2020
Sold by
Knauf Melissa K
Bought by
Magee John David and Mcdonald Michael Patrick
Seller's Agent
Maxine Young
Atlanta Communities
Buyer's Agent
Doug Holt
NOT A VALID MEMBER
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$571,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,481
Avg. Annual Appreciation
13.98%
Original Mortgage
$164,450
Outstanding Balance
$145,366
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$426,115

Purchase Details

Listed on
Oct 20, 2017
Closed on
Mar 1, 2018
Sold by
Kennedy Charles R
Bought by
Knauf Melissa K
Seller's Agent
Sunny Parker
Century 21 Results
Buyer's Agent
Maxine Young
Atlanta Communities
List Price
$349,900
Sold Price
$230,000
Premium/Discount to List
-$119,900
-34.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$225,834
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2014
Sold by
Dye Candis
Bought by
Kennedy Charles R and Kennedy Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2010
Sold by
Harris Mark A
Bought by
Dye Candis

Purchase Details

Closed on
Mar 4, 2008
Sold by
Dye Candis
Bought by
Harris Mark Allen and Wood Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,297
Interest Rate
5.62%
Mortgage Type
Trade

Purchase Details

Closed on
Sep 30, 2004
Sold by
Dye Candis
Bought by
Built By Candis Inc

Purchase Details

Closed on
Jul 21, 2003
Sold by
Powell Ben L
Bought by
Dye Candis

Purchase Details

Closed on
Apr 28, 2000
Sold by
Powell Ginny L
Bought by
Powell Ben L

Purchase Details

Closed on
Oct 19, 1994
Sold by
Wilkie Bridge Cove A
Bought by
Powell Ginny
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
Magee John David $275,000 --
Knauf Melissa K $230,000 --
Kennedy Charles R $214,500 --
Dye Candis $224,195 --
Harris Mark Allen $229,000 --
Dye Candis -- --
Built By Candis Inc -- --
Built By Candis Inc -- --
Dye Candis $20,000 --
Powell Ben L -- --
Powell Ginny $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magee John David $164,450
Previous Owner Knauf Melissa K $225,834
Previous Owner Kennedy Charles R $214,500
Previous Owner Built By Candis Inc $223,297
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2020 03/23/20 Sold $275,000 0.0% $116 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $275,000 +19.6% $116 / Sq Ft
03/01/2018 03/01/18 Sold $230,000 -8.0% $97 / Sq Ft View Prior Sale
01/28/2018 01/28/18 Pending -- -- --
01/14/2018 01/14/18 Price Changed $249,900 -16.7% $105 / Sq Ft
11/17/2017 11/17/17 Price Changed $299,900 -14.3% $126 / Sq Ft
10/20/2017 10/20/17 For Sale $349,900 -- $147 / 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 $4,167 $167,800 $28,400 $139,400
2023 $3,611 $161,120 $21,880 $139,240
2022 $3,142 $121,160 $13,560 $107,600
2021 $2,907 $117,000 $13,560 $103,440
2020 $2,864 $105,320 $10,720 $94,600
2019 $2,581 $97,880 $12,840 $85,040
2018 $2,713 $95,720 $12,840 $82,880
2017 $2,459 $87,600 $12,840 $74,760
2016 $2,204 $80,360 $5,600 $74,760
2015 $1,676 $80,360 $5,600 $74,760
2014 $1,676 $58,445 $5,600 $52,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6676214

First Multiple Listing Service (FMLS)

APN: 10-0011B-00-053