NOT LISTED FOR SALE

5757 Ridgewater Dr Gainesville, GA 30506

Estimated Value: $1,051,600 - $1,298,000

5 Beds
5 Baths
4,873 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $535,000 $110 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,861/month

179 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Home Theater
  • Dining Room Seats More Than Twelve
  • Covered dock with two slips
  • Community Lake
  • Bonus Room

About This Home

As of October 2013

This is the one! Don't miss the double slip party dock on Lake Lanier! You will be blown away by the interior amenities of this home. The basement level theater is one of the most amazing you will ever see in a residence! In addition to a huge master suite with a private covered porch, there are 4 additional spacious bedrooms. It offers lake or mountain views from most rooms, and it is an outdoor lover's dream! Fruit trees and low maintenance landscaping are gorgeous and require little attention but provide a spectacular setting. The spacious kitchen includes a gas cooktop, built in microwave plus a double oven. The two story great room overlooking Lake Lanier is astounding. Finished basement w/ bar, media & game room. Perfectly maintained inside & out.

Last Agent to Sell the Property

Charlotte Cliche

Virtual Properties Realty.com License #276460 Listed on: 03/26/2013

Virtual Properties Realty.com

Last Buyer's Agent

NATALIE COWART

Ben Ray & Associates, Inc. License #168637

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,936

Year Built

  • 2003

Lot Details

  • 0.74

Interior Spaces

  • Split Bedroom Floorplan
  • Double Pane Windows
  • Great Room
  • Dining Room Seats More Than Twelve
  • Home Theater
  • Library
  • Bonus Room
  • Home Gym
  • Intercom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Finished Basement Bathroom
  • Stubbed For A Bathroom
  • Natural lighting in basement

Schools

  • Lanier / Hall / Hall County Elementary School
  • Chestatee / Hall / Hall County Middle School
  • Chestatee / Hall / Hall County High School

Utilities

  • Underground Utilities
  • Septic Tank

Additional Features

  • Covered dock with two slips
  • 120 Feet of Waterfront

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$8,936

Year Built

2003

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2003

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Basement: Bath Finished, Bath Stubbed, Concrete, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Intercom/Radio
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Double Oven, Garbage Disposal, Icemaker Line, Built-In Microwave, Wall Oven, Refrigerator
  • Feature Name: Lake Lanier
  • Interior Amenities: Bookcases, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Wet Bar, Whirlpool Bath
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 1476
  • Total Finished Sq Ft: 4873
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Island, Pantry, Solid Surface Counters

Exterior Features

  • Boathouse/Dock: Covered Dock - 2 Slip
  • Construction: Concrete Siding, Wood Siding
  • Exterior Features: Balcony, Deck/Patio, Out Building, Porch, Screen Porch, Sprinkler System
  • Roof Type: Composition
  • Waterfront Type: Deep Water Access, Lake Access, Water View, Waterfront
  • Waterfront Frontage: 120

Garage/Parking

  • Parking: 3 Car Or More, Auto Garage Door, Garage, Kitchen Level Entry, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric
  • Heating: Central
  • Energy Features: Double Pane/Thermo
  • Water/Sewer: Public Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Lake, Neighborhood Association, Pool, Tennis Courts, Underground Utilities

Schools

  • Elementary School: Lanier / Hall / Hall County, GA
  • Elementary Bus Line: Yes
  • High School: Chestatee / Hall / Hall County, GA
  • High School Bus: Yes
  • Middle School: Chestatee / Hall / Hall County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Private Backyard, Sloping, Wooded
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2013
Closed on
Oct 17, 2013
Sold by
Dupont Danny J
Bought by
Vincent Daniel J
Seller's Agent
Charlotte Cliche
Virtual Properties Realty.com
Buyer's Agent
NATALIE COWART
Ben Ray & Associates, Inc.
List Price
$650,000
Sold Price
$535,000
Premium/Discount to List
-$115,000
-17.69%
Current Estimated Value
$1,156,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,900
Avg. Annual Appreciation
6.62%
Original Mortgage
$401,250
Outstanding Balance
$301,743
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$855,157

Purchase Details

Closed on
Jul 20, 2006
Sold by
Epp Carl and Epp Kristina
Bought by
Dupont Danny J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2002
Sold by
Clearwter Construction Co Of Ga
Bought by
Epp Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2002
Sold by
Snider Tim F
Bought by
Clearwater Construction Co Of Ga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1995
Sold by
Wilkie Bridge Cove Assoc
Bought by
Clearwater Constr Co Of Ga
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
Vincent Daniel J $535,000 --
Dupont Danny J $694,000 --
Epp Carl $110,000 --
Clearwater Construction Co Of Ga -- --
Clearwater Constr Co Of Ga $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Daniel J $401,250
Previous Owner Dupont Danny J $285,000
Previous Owner Epp Carl $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2013 10/17/13 Sold $535,000 -9.6% $110 / Sq Ft
09/22/2013 09/22/13 Pending -- -- --
07/24/2013 07/24/13 Price Changed $592,000 -5.3% $121 / Sq Ft
05/30/2013 05/30/13 Price Changed $625,000 -3.8% $128 / Sq Ft
03/26/2013 03/26/13 For Sale $650,000 -- $133 / Sq Ft
Source: Georgia MLS

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 $8,936 $359,168 $101,120 $258,048
2023 $8,631 $346,808 $101,120 $245,688
2022 $6,519 $250,516 $43,320 $207,196
2021 $6,568 $247,720 $43,320 $204,400
2020 $6,531 $239,160 $43,320 $195,840
2019 $6,432 $233,400 $43,320 $190,080
2018 $6,306 $221,360 $40,480 $180,880
2017 $6,030 $213,840 $40,480 $173,360
2016 $5,884 $213,840 $40,480 $173,360
2015 $5,932 $213,840 $40,480 $173,360
2014 $5,932 $213,840 $40,480 $173,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07072063

Georgia MLS

APN: 10-0011B-00-029