NOT LISTED FOR SALE

5808 Swinging Gate Rd Unit Lot 1002 Gainesville, GA 30506

Estimated Value: $872,000 - $901,831

23 Acres
$38,629 Price per Acre
1,001,880 Sq Ft Lot

Last Sold November 23, 2021

Last sale price $55,000

Est. 1,515% increase in value since last sale

Current estimated payment $5,550/month

60 Days on Market

Highlights

  • Marina
  • 23 Acre Lot
  • Clubhouse
  • Gated Community
  • Community Lake
  • Partially Wooded Lot

About This Lot

As of November 2021

Gated, private, Architectural controls and an opportunity to purchase a private slip in the Marina - this Lot is lake living & wonderful low maintenance living year round w/ tons of activities & amenities in Marina Bay plus neighbors who share & care! If you want low maintenance living whether you play tennis or not, these architecturally detail villas are beautiful. We have home plans that range $400 to $600 with great floor plans & quality builders to choose from. Marina Bay with 3.5 miles of shoreline on the quiet north end of Lanier is a perfect forever home! Swim, Tennis, Fitness, Sidewalks, Parks, Playgrounds and easy topo for walking, jogging or biking!

Last Agent to Sell the Property

Susan Verlander

Marina Bay Properties LLC License #254041 Listed on: 08/27/2021

Last Buyer's Agent

Susan Verlander

Marina Bay Properties LLC License #254041 Listed on: 08/27/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $540

Lot Details

  • 23 Acre Lot
  • Cul-De-Sac
  • Partially Wooded Lot

HOA Fees

  • $217 Monthly HOA Fees

Schools

  • Sardis Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Underground Utilities
  • Private Sewer

Listing and Financial Details

  • Tax Lot 1002

Community Details

Overview

  • Marina Bay Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Guest Suites

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Tennis Club
  • Community Pool
  • Park

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$540

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Land
  • Section: 01
  • Financing Type: Conventional
  • Lot Size Acres: 23.00
  • Other Sturctures: None
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Land Use Restrictions: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Feature Name: Lanier
  • Possible Use: Residential

Exterior Features

  • Lot Features: Cul-De-Sac

Utilities

  • Sewer: Private Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2600
  • Association: Yes
  • Community Features: Clubhouse, Gated, Guest Lodging, Lake, Marina, Park, Playground, Pool, Tennis Court(s), Tennis Team, Sidewalks, Street Lights

Schools

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

Lot Info

  • Lot: 1002

Tax Info

  • Year: 2020
  • Tax Annual Amount: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Nov 29, 2021
Sold by
Beazley Alayne I
Bought by
Livic Properties Llc
Seller's Agent
Susan Verlander
Marina Bay Properties LLC
Buyer's Agent
Susan Verlander
Marina Bay Properties LLC
List Price
$65,500
Sold Price
$55,000
Premium/Discount to List
-$10,500
-16.03%
Current Estimated Value
$888,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,458
Avg. Annual Appreciation
97.76%
Original Mortgage
$224,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2020
Sold by
Toufiq Zakia A
Bought by
Beazley Alayne I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2016
Sold by
Cool Springs Llc
Bought by
Toufiq Zakia A
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

Date Buyer Sale Price Title Company
Livic Properties Llc $55,000 --
Livic Properties Llc $55,000 --
Beazley Alayne I $42,000 --
Beazley Alayne I $42,000 --
Toufiq Zakia A $29,900 --
Toufiq Zakia A $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Livic Properties Llc $224,000
Previous Owner Beazley Alayne I $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $55,000 -16.0% --
10/26/2021 10/26/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $65,500 -- --
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
2025 $7,972 $330,200 $34,320 $295,880
2024 $671 $27,200 $27,200 $0
2023 $533 $21,600 $21,600 $0
2022 $514 $20,000 $20,000 $0
2021 $440 $20,000 $20,000 $0
2020 $540 $20,000 $20,000 $0
2019 $314 $18,400 $18,400 $0
2018 $225 $8,000 $8,000 $0
2017 $223 $8,000 $8,000 $0
2016 $544 $20,038 $20,038 $0
2015 $686 $20,038 $20,038 $0
2014 $686 $25,040 $25,040 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Verlander

    Seller's Agent in 2021

    Susan Verlander

    Marina Bay Properties LLC

    (404) 542-3211

    48 in this area

    51 Total Sales

    Susan Verlander
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Map

Source: Georgia MLS

MLS Number: 9040993

Georgia MLS

APN: 10-00016-00-090

Georgia Hall County Gainesville 30506

5808 Swinging Gate Rd Unit Lot 1002, Gainesville, GA

Not Listed for Sale

Lots

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