NOT LISTED FOR SALE

5800 Ridgewater Cir Gainesville, GA 30506

Estimated Value: $1,134,000 - $1,236,000

4 Beds
4.5 Baths
3,429 Sq Ft
$342/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $1,050,000 $306 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,075/month

34 Days on Market

Highlights

  • Waterfront
  • Access To Lake
  • Community Lake
  • Floating Dock
  • Lake View
  • Dining Room Seats More Than Twelve

About This Home

As of June 2022

WELCOME TO ONE OF THE SWEETEST PARTS OF LAKE LANIER! THIS BEAUTIFUL HOME IS PERCHED JUST A FEW GENTLE PACES AWAY FROM ITS PRIVATE DOCK WHICH IS AND ALWAYS WILL BE IN DEEPWATER. GRAB YOUR TUBE, WAKEBOARD, OR SKIS BECAUSE THIS PART OF THE LAKE IS GREAT FOR WATERSPORTS UNLIKE MOST AREAS THAT SIMPLY HAVE TOO MUCH TRAFFIC. THIS CUSTOM BUILT, WELL MAINTAINED, OPEN FLOORPLAN HOME IS BEING SOLD BY ITS ORIGINAL OWNER AND OFFERS THE MODERN AMENITIES YOU'D EXPECT IN 2022. YOU'LL FIND PROFESSIONALLY REFINISHED REAL HARDWOOD FLOORS, NEW QUARTZ COUNTERTOPS, A NEW ROOF, A CONVENIENT MAIN-LEVEL LAUNDRY, AND AN EXTERIOR THAT WAS RECENTLY REPAINTED. APPRECIATE THE AMAZING LAKE VIEW FROM THE KITCHEN, GREAT ROOM, AND HUGE MASTER-ON-THE-MAIN OWNER'S SUITE! ENJOY SUNNING, GRILLING, RELAXING ON THE NEWLY REFINISHED DECK, OR STEP ONTO THE SCREENED PORCH FOR A NAP IN THE SHADE. LOOKING FOR MORE SQUARE FOOTAGE IN THE FUTURE? THE UNFINISHED PORTION OF THE BASEMENT GIVES YOU ROOM TO GROW! THE SHADED LOW MAINTENANCE FRONT YARD IS PROFESSIONALLY LANDSCAPED AND A PERFECT PLACE TO TOSS A BALL AROUND OR BIRD-WATCH. JOIN FRIENDS AT THE NEIGHBORHOOD CLUBHOUSE OR DIP IN THE POOL, OR A FUN DAY OF PICKLEBALL AND TENNIS! THIS QUIET NEIGHBORHOOD IS THE BEST KEPT SECRET IN NORTH GEORGIA AND HAS EASY ACCESS TO THE NORTH GEORGIA PREMIUM OUTLET MALLS ON 400, THE NEW KROGER AND PUBLIX SUPERCENTERS, RESTAURANTS, AND MEDICAL FACILITIES IN GAINESVILLE, DAWSONVILLE, OR CUMMING. DON'T SETTLE FOR A LAKE HOME THAT WILL LEAVE YOU HIGH AND DRY DURING DROUGHTS, OR EXHAUSTED HIKING TO YOUR DOCK; THIS IS THE ONE YOU'VE BEEN WAITING FOR!

Last Agent to Sell the Property

Sammy Landry

Virtual Properties Realty.com License #372261 Listed on: 03/24/2022

Virtual Properties Realty.com

Last Buyer's Agent

Mike Liberatore

BHHS Georgia Properties License #364161

BHHS Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,607

Year Built

  • Built in 1996

Lot Details

  • 0.83 Acre Lot
  • Waterfront
  • Lake Front
  • Private Lot
  • Corner Lot
  • Partially Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Stone Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Rear Stairs
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Screened Porch
  • Lake Views

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub

Laundry

  • Laundry in Mud Room
  • Laundry Room

Finished Basement

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

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Access To Lake
  • Deep Water Access
  • Floating Dock
  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • 220 Volts
  • Propane
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Tax Lot 26

Community Details

Overview

  • Association fees include swimming, tennis
  • Ridgewater On Lanier Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,607

Year Built

Built in 1996

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • District: 01
  • Year Built: 1996
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .83
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3429
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Cooktop, Dishwasher, Double Oven, Disposal, Microwave, Oven (Wall), Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: Bath Finished, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 861
  • Total Finished Sq Ft: 2568
  • Unfinished Below Grade Sq Ft: 1529
  • Above Grade Finished Sq Ft: 2568
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Double Vanity, Rear Stairs, Walk-In Closet(s), Whirlpool Bath, Master On Main Level
  • Feature Name: LANIER
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Living Room, Masonry, Gas Log
  • Flooring: Tile, Carpet, Vinyl
  • Kitchen Features: Breakfast Room, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows, Bay Window(s)
  • Price Per Square Foot: 306.211

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 2

Exterior Features

  • Waterfront Frontage: 1
  • Common Walls: No Common Walls
  • Construction Materials: Other, Stone, Vinyl Siding
  • ExteriorFeatures: Dock
  • Lot Features: Corner Lot, Private
  • Patio And Porch Features: Deck, Screened, Patio
  • Property Condition: Resale
  • Roof: Other
  • View: Lake
  • Waterfront Features: Floating Dock, Deep Water Access, Lake Access, Lake

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level, Side/Rear Entrance, Storage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air, Heat Pump
  • Heating: Heat Pump
  • Laundry Features: In Mud Room
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Electricity Available, High Speed Internet, Other, Phone Available, Propane, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Swimming, Tennis

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

  • Land Lot: 26
  • Lot: 26
  • Deed Book: 6567
  • Deed Page: 375

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5607

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jun 7, 2022
Sold by
Hindle James E
Bought by
Polashock Vicky and Polashock Micahel
Seller's Agent
Sammy Landry
Virtual Properties Realty.com
Buyer's Agent
Mike Liberatore
BHHS Georgia Properties
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Current Estimated Value
$1,171,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,643
Avg. Annual Appreciation
3.30%
Original Mortgage
$682,500
Outstanding Balance
$649,570
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$522,073

Purchase Details

Closed on
Oct 3, 1994
Sold by
Clearwater Constr
Bought by
Hindle James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.46%

Purchase Details

Closed on
May 18, 1994
Sold by
Chancey Jack
Bought by
Clearwater Constr Co

Purchase Details

Closed on
May 1, 1994
Sold by
Rushing Thomas W
Bought by
Cleareater 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
Polashock Vicky $1,050,000 --
Hindle James $105,000 --
Clearwater Constr Co $50,000 --
Cleareater Constr Co Of Ga $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polashock Vicky $682,500
Previous Owner Hindle James $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $1,050,000 0.0% $306 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/11/2022 04/11/22 Price Changed $1,050,000 -12.5% $306 / Sq Ft
03/24/2022 03/24/22 For Sale $1,200,000 -- $350 / 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 $10,193 $410,120 $164,400 $245,720
2023 $9,687 $389,640 $164,400 $225,240
2022 $1,950 $216,760 $70,440 $146,320
2021 $2,023 $213,160 $70,440 $142,720
2020 $2,018 $207,720 $70,440 $137,280
2019 $2,013 $202,000 $70,440 $131,560
2018 $1,972 $192,680 $65,840 $126,840
2017 $1,770 $183,240 $65,840 $117,400
2016 $1,591 $183,240 $65,840 $117,400
2015 $1,595 $183,240 $65,840 $117,400
2014 $1,595 $183,240 $65,840 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10029390

Georgia MLS

APN: 10-0011B-00-027