NOT LISTED FOR SALE

5776 Ridgewater Dr Gainesville, GA 30506

Estimated Value: $296,000 - $599,000

0.75 Acre
$539,857 Price per Acre
32,670 Sq Ft Lot

Last Sold May 15, 2023

Last sale price $265,000

Est. 53% increase in value since last sale

Current estimated payment $2,359/month

46 Days on Market

Highlights

  • 162 Feet of Waterfront
  • Lake View
  • Partially Wooded Lot
  • 2 Boat Docks
  • Community Lake
  • No HOA

About This Lot

As of May 2023

Beautiful lakefront lot with 32'x32' double slip dock in established swim/tennis neighborhood. Drought-proof water on the Chestatee portion of Lake Lanier. The lot is located at the end of a private and pictureque culdesac. Building site located close to dock and to water. Located close to North Georgia Premium Outlet Mall, shops and restaurants.

Last Agent to Sell the Property

Jill Baugus

Lake Homes Realty LLC License #136212 Listed on: 02/02/2023

Lake Homes Realty LLC

Last Buyer's Agent

Jill Baugus

Lake Homes Realty LLC License #136212 Listed on: 02/02/2023

Lake Homes Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,949

Lot Details

  • 0.75 Acre Lot
  • 162 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Cul-De-Sac
  • Sloped Lot
  • Partially Wooded Lot

Property Views

  • Lake Views

Schools

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

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 18

Community Details

Overview

  • No Home Owners Association
  • Lake Lanier Lakefront Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Army Corps Of Engineers Controlled
  • 2 Boat Docks
  • Covered Dock
  • Dock Rights

Property Details

Property Type

Land

Est. Annual Taxes

$1,949

Lot Details

0

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Lot Size Acres: .75
  • Other Sturctures: Covered Dock
  • Property Sub-Type: Residential Lot
  • Total Dock Slips: 2
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Land Use Restrictions: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Feature Name: Lanier
  • Price Per Square Foot: 353333
  • Possible Use: Residential

Exterior Features

  • Waterfront Frontage: 162
  • Frontage Road: 60
  • Lot Features: Other, Sloped, Cul-De-Sac
  • View: Lake
  • Waterfront Features: Dock Rights, Corps of Engineers Control, Lake, Swim Dock

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Playground, Pool, Tennis Court(s)

Schools

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

Lot Info

  • Lot: 18
  • Total Lots: 1
  • Deed Book: 6951
  • Deed Page: 54
  • Plat Book: 113
  • Plat Page: 232
  • CurrentUse: Recreational, Unimproved

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1949

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
May 15, 2023
Sold by
Drew Walter M
Bought by
Simmons Maurice and Rampley Karla
Seller's Agent
Jill Baugus
Lake Homes Realty LLC
Buyer's Agent
Jill Baugus
Lake Homes Realty LLC
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Views
76
Current Estimated Value
$404,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,893
Avg. Annual Appreciation
18.89%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Scheuerman Barbara Jean
Bought by
Drew Walter M

Purchase Details

Closed on
Nov 1, 2011
Sold by
Drew Walter
Bought by
Scheuerman Barbara Jean

Purchase Details

Closed on
Jul 1, 1993
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
Simmons Maurice $265,000 --
Drew Walter M -- --
Scheuerman Barbara Jean -- --
-- $27,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $265,000 -7.0% --
02/02/2023 02/02/23 For Sale $285,000 -- --
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 $2,615 $119,840 $113,600 $6,240
2023 $4,281 $173,520 $171,040 $2,480
2022 $1,949 $75,760 $73,280 $2,480
2021 $2,064 $78,760 $73,280 $5,480
2020 $2,126 $78,760 $73,280 $5,480
2019 $2,145 $78,760 $73,280 $5,480
2018 $2,083 $74,000 $68,520 $5,480
2017 $2,061 $74,000 $68,520 $5,480
2016 $2,010 $74,000 $68,520 $5,480
2015 $2,027 $74,000 $68,520 $5,480
2014 $2,027 $74,000 $68,520 $5,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10128032

Georgia MLS

APN: 10-0011B-00-035