NOT LISTED FOR SALE

5724 Ridgewater Dr Gainesville, GA 30506

Lake Lanier Area

Estimated Value: $563,000 - $600,000

5 Beds
3.5 Baths
2,500 Sq Ft
$230/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2023

Last sale price $489,950 $196 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,555 / mo

169 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • Clubhouse
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of February 2023

Up to $10,000 towards buyer's closing costs (restrictions apply). This stunning 5 bedroom, 3.5 bathroom home features a living room with fireplace, french doors that open to the back deck, half bath and office on the main level. Bright, inviting kitchen is perfect for entertaining with white cabinets, custom tile backsplash, quartz countertops, stainless steel farmhouse sink, stainless steel appliances, stainless steel vent hood, microwave drawer and a breakfast area. Home also features a large master bedroom with walk-in closet, master bath with separate tub and shower as well as dining room with stained decorative ceiling beams and a playroom upstairs. Unfinished basement. Community amenities include saltwater community pool and clubhouse, recently refinished tennis court and a community swim dock. Short drive to Toto Creek Park and boat ramp. Located on the Dawson County border and minutes to North Georgia Outlets and GA-400.

Last Agent to Sell the Property

Elite Realty Associates LLC

Maximum One Premier Realtors License #351249 Listed on: 07/14/2022

Maximum One Premier Realtors

Co-Listed By

Tara Bohanan

Maximum One Premier Realtors License #346609

Last Buyer's Agent

Sarah Maslowski

Keller Williams Realty Atl. Partners License #382362

Keller Williams Realty Atl. Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $273

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 27,443 Sq Ft Lot
  • Sloped Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • $500 Initiation Fee
  • Ridgewater On Lanier Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$273

Year Built

Built in 2022 | New Construction

Lot Details

0.63 Acres

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: MXPR01
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .63
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2500
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Microwave, Oven/Range (Combo)
  • Bedrooms: 5
  • Basement: Interior Entry, Exterior Entry, Full
  • Total Finished Sq Ft: 2500
  • Above Grade Finished Sq Ft: 2500
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Pulldown Attic Stairs, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Hardwood, Carpet, Vinyl
  • Kitchen Features: Breakfast Room, Kitchen Island, Solid Surface Counters
  • Window Features: Double Pane Windows

Beds/Baths

  • Upper Level Full Bathrooms: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Lot Features: Sloped
  • Property Condition: New Construction
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: Upper Level
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 400
  • Association: Yes
  • Community Features: Clubhouse, Pool, Tennis Court(s)

Fee Information

  • Initiation Fee: 500
  • Association Fee Includes: Other

Schools

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

Lot Info

  • Lot: 5

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 273

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Feb 3, 2023
Sold by
Bought by
Seller's Agent
Elite Realty Associates LLC
Maximum One Premier Realtors
Buyer's Agent
Sarah Maslowski
Keller Williams Realty Atl. Partners
List Price
$564,900
Sold Price
$489,950
Premium/Discount to List
-$74,950
-13.27%
Views
120
Current Estimated Value
$574,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,685
Avg. Annual Appreciation
4.67%
Original Mortgage
$479,751
Interest Rate
0.066%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 2, 2021
Sold by
Bought by
Seller's Agent
Cindy Fauci
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Cindy Fauci
Berkshire Hathaway HomeServices Georgia Properties
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
453.37%
Original Mortgage
$985,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2016
Sold by
Bought by

Purchase Details

Closed on
May 26, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$489,950 --
$37,000 --
$29,900 --
$310,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $479,751
Previous Owner $985,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2023 02/03/23 Sold $489,950 0.0% $196 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
10/31/2022 10/31/22 Price Changed $489,950 -1.0% $196 / Sq Ft
10/25/2022 10/25/22 Price Changed $494,950 -1.0% $198 / Sq Ft
10/21/2022 10/21/22 Price Changed $499,850 0.0% $200 / Sq Ft
09/13/2022 09/13/22 Price Changed $499,950 -6.5% $200 / Sq Ft
08/26/2022 08/26/22 Price Changed $534,895 0.0% $214 / Sq Ft
08/24/2022 08/24/22 Price Changed $534,900 -1.8% $214 / Sq Ft
07/28/2022 07/28/22 Price Changed $544,900 -3.5% $218 / Sq Ft
07/14/2022 07/14/22 For Sale $564,900 +1426.8% $226 / Sq Ft
08/02/2021 08/02/21 Sold $37,000 -7.3% -- View Prior Sale
06/12/2021 06/12/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $39,900 -- --
Source: Georgia MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,404 $202,720 $28,040 $174,680
2024 $4,787 $196,000 $28,040 $167,960
2023 $4,668 $186,160 $21,600 $164,560
2022 $1,743 $64,840 $13,360 $51,480
2021 $350 $13,360 $13,360 $0
2020 $273 $10,120 $10,120 $0
2019 $329 $12,080 $12,080 $0
2018 $340 $12,080 $12,080 $0
2017 $336 $12,080 $12,080 $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

  • E

    Seller's Agent in 2023

    Elite Realty Associates LLC

    Maximum One Premier Realtors

    Section Image
  • Tara Bohanan

    Seller Co-Listing Agent in 2023

    Tara Bohanan

    Maximum One Premier Realtors

    (352) 804-2261

    82 Total Sales

    Tara Bohanan
    Section Image
  • Sarah Maslowski

    Buyer's Agent in 2023

    Sarah Maslowski

    Keller Williams Realty Atl. Partners

    (470) 577-6472

    202 Total Sales

    Sarah Maslowski
    Section Image
  • Cindy Fauci

    Seller's Agent in 2021

    Cindy Fauci

    Berkshire Hathaway HomeServices Georgia Properties

    (770) 536-3007

    41 Total Sales

    Cindy Fauci
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10070848

Georgia MLS

APN: 10-0011B-00-047

Georgia Hall County Gainesville 30506

5724 Ridgewater Dr, Gainesville, GA

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