$42,000
SOLD MAR 31, 2020

5808 Swinging Gate Rd Gainesville, GA 30506

0.23 Acre
$182,609 Price per Acre
10,019 Sq Ft Lot

Recently Sold

16% Below List Price

Highlights

  • Marina
  • Gated Community
  • Clubhouse
  • Lake Front
  • Community Lake
  • Wooded Lot

About This Lot

As of November 2021

Experience lake living at it's best!Build your dream home on this fabulous home site.Marina Bay offers a private gated lake community where you can relax,go for a stroll,inc:resort style swimming pool w/waterfall,3 lighted tennis cts,a 14,000 sq feet Clubhouse feat:fireside grand rm & library,fully equipped kitchen,game & card rms,fitness cntr is fully equipped w/latest exercise equipment,cabana w/fp & grill perfect for outdoor grilling & entertaining,resort style amenities,2 lrg parks & playgrounds,sidewalks & tree-line streets thruout,close to shopping & restaurants.

Last Agent to Sell the Property

Susan Clark

Keller Williams Realty Atlanta Partners License #138605 Listed on: 02/17/2020

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Susan Verlander

Marina Bay Properties, LLC. License #254041

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $225

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 63x166x62x154
  • Lake Front
  • Level Lot
  • Open Lot
  • Wooded Lot

HOA Fees

  • $217 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1002
  • Assessor Parcel Number 10016 000090

Community Details

Overview

  • Marina Bay Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$225

Lot Details

0

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
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • View: Lake

Utilities

  • Security: Security Service
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Acres: 0.2300
  • Lot: 1002
  • Land/Lot: 16
  • Possible Use: Residential
  • Current Zoning: RES
  • Deed Book: 7813
  • Deed Page: 628s
  • Plat Book: 866
  • Plat Page: 100-
  • Lot Features: Curbs & Gutters, Level, Street Lights
  • Lot Dimensions: 63X166X62X154
  • Parcel Number: 10016 000090
  • Price Acre Dollar: 182608.70
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 225.00
  • Assessor Parcel Number: 10-00016-00-090
  • Close Date: 2020-03-31
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: 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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.34%
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:

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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 Type Sale Price Title Company
Warranty Deed $55,000 --
Warranty Deed $42,000 --
Warranty Deed $29,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $224,000 Commercial
Previous Owner $33,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $899,900 -4.3% --
07/16/2025 07/16/25 Price Changed $939,900 -1.6% --
06/13/2025 06/13/25 Price Changed $954,750 -0.5% --
05/29/2025 05/29/25 Price Changed $959,750 -1.0% --
04/29/2025 04/29/25 For Sale $969,750 +1663.2% --
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% --
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 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 $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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6679386

First Multiple Listing Service (FMLS)

APN: 10-00016-00-090