NOT LISTED FOR SALE

5808 Swinging Gate Rd Gainesville, GA 30506

Estimated Value: $770,484 - $937,000

0.23 Acres
$3,640,743 Price per Acre
10,019 Sq Ft Lot

Sale Details

Date Sold: November 29, 2021

Last sale price $55,000

Est. 1,422% increase in value since last sale

Current estimated payment $5,347 / mo

45 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Clubhouse
  • Community Boat Dock
  • Gated Community
  • 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 quiet north Lanier is a perfect forever home! Come see how beautiful Marina Bay feels like a wonderful Nantucket retreat with luxury amenities. Private gated entry, 280 slip private marina, tree lined streets with sidewalks, 14,000 Clubhouse, salt-water resort pool, fitness center, lighted stone tennis courts and a busy year-round social calendar with tons of activities for all ages. Easy drive to downtown Gainesville Square, Dawsonville or Dahlonega. Only 399 homes when Marina Bay is complete with 95% full time primary residence families who care about each other and enjoy being a neighborhood together.

Last Agent to Sell the Property

Susan Verlander

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

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $540

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 62x166x63x153
  • Property fronts a private road
  • Cul-De-Sac
  • Partially Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $217 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities

Listing and Financial Details

  • Tax Lot 1002
  • Assessor Parcel Number 10016 000090

Community Details

Overview

  • Marina Bay Subdivision

Recreation

  • Community Boat Dock
  • Boating
  • Marina
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$540

Lot Details

10,019 Sq Ft Lot

HOA Fees

$217 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Restrictions Requirements: Archit Controls, PUD
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Lanier

Utilities

  • Security: Security Gate
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Boating, Clubhouse, Community Dock, Fitness Center, Gated, Homeowners Assoc, Marina, Park, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 2600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Marina Bay

Lot Info

  • Acres: 0.2300
  • Lot: 1002
  • Timber: Hardwoods
  • Possible Use: Residential
  • Section G M D: 01
  • Plat Book: 866
  • Plat Page: 100
  • Current Use: Residential
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 62X166X63X153
  • Parcel Number: 10016 000090
  • Price Acre Dollar: 239130.43
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 540.00
  • Tax Year: 2020

MLS Schools

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

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
NON-MLS NMLS
Non FMLS Member
List Price
$65,500
Sold Price
$55,000
Premium/Discount to List
-$10,500
-16.03%
Current Estimated Value
$837,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,371
Avg. Annual Appreciation
84.14%
Original Mortgage
$224,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 17, 2020
Closed on
Mar 31, 2020
Sold by
Toufiq Zakia A
Bought by
Beazley Alayne I
Seller's Agent
Susan Clark
Keller Williams Realty Atlanta Partners
Buyer's Agent
Susan Verlander
Marina Bay Properties, LLC.
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%
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

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
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

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
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 Prior Sale
12/31/2021 12/31/21 Off Market $55,000 -- --
11/29/2021 11/29/21 Sold $55,000 -16.0% --
08/27/2021 08/27/21 For Sale $65,500 +56.0% --
03/31/2020 03/31/20 Sold $42,000 -15.8% -- View Prior Sale
02/24/2020 02/24/20 For Sale $49,900 0.0% --
02/22/2020 02/22/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $49,900 -- --
Source: First Multiple Listing Service (FMLS)

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

    43 in this area

    46 Total Sales

    Susan Verlander
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MLS NMLS

    Non FMLS Member

  • Susan Clark

    Seller's Agent in 2020

    Susan Clark

    Keller Williams Realty Atlanta Partners

    (404) 403-2562

    37 Total Sales

    Susan Clark
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6936341

First Multiple Listing Service (FMLS)

APN: 10-00016-00-090

Georgia Hall County Gainesville 30506

5808 Swinging Gate Rd, Gainesville, GA

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