NOT LISTED FOR SALE

5816 Swinging Gate Rd Gainesville, GA 30506

Estimated Value: $782,989 - $848,000

4 Beds
3.5 Baths
-- Sq Ft
0.25 Acres

Last Sold November 17, 2023

Last sale price $746,000

Est. 11% increase in value since last sale

Current estimated payment $5,389/month

8 Days on Market

Highlights

  • Marina
  • New Construction
  • Community Lake
  • Fitness Center
  • Gated Community
  • Dining Room Seats More Than Twelve

About This Home

As of November 2023

The "Lily" model is completed and ready to move in!! This custom home is located in one of Lake Lanier's most sought after communities, Marina Bay. This resort style community offers a private Marina located adjacent to the fantastic 14,000 sf Community Clubhouse, Saltwater Pool and Fitness Center . This luxury home offers open-concept living, architectural detailing and a wonderful cozy setting. Located adjacent to our stunning stone tennis/pickle ball courts these four cottages offer privacy and low maintenance living unlike any other properties in Marina Bay. Interior finishes include, hardwood floors, solid wood cabinets, coffered ceilings, quartz countertops, brick fireplace and so much more. Wonderful master suite on main with private study at main entry. Large covered porch with Fireplace for quiet private outdoor living. Plus three large guest suites on second level. Marina Bay is one of the most desired premier resort lakefront gated communities on Lanier. With amenities beyond compare. We only have four of these estate villas to be built with the Lily being the first to be offered. Do not miss your chance to join this unique community. Set up your private tour today. These are the last few new homes left in this sold out neighborhood!! Dock slips are available for purchase!!!

Last Agent to Sell the Property

Tara Bohanan

Maximum One Premier Realtors License #346609 Listed on: 10/17/2023

Maximum One Premier Realtors

Co-Listed By

Kristen Gee

Maximum One Premier Realtors License #351249

Last Buyer's Agent

Chelsea Corless

PEND Realty, LLC License #367670

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $524

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Level Lot

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Beamed Ceilings
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room Seats More Than Twelve
  • Home Office
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Doors
  • Outdoor Fireplace

Listing and Financial Details

  • Legal Lot and Block 1004 / 10

Community Details

Overview

  • $1,800 Initiation Fee
  • Association fees include ground maintenance, reserve fund, swimming, tennis
  • Marina Bay Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$524

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • ArchitecturalStyle: Bungalow/Cottage, Ranch
  • Main Level Half Bathrooms: 1
  • Co List Office: MXPR01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .25
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave
  • Bedrooms: 4
  • Dining Room Features: Seats 12+
  • Basement: None
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Beamed Ceilings, Pulldown Attic Stairs, Walk-In Closet(s), Master On Main Level
  • Feature Name: LANIER
  • Accessibility Features: Accessible Doors
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Outside, Factory Built, Gas Starter, Gas Log
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Bar, Kitchen Island, Solid Surface Counters, Walk-in Pantry
  • Window Features: Double Pane Windows

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone
  • Foundation Details: Slab
  • Lot Features: Level
  • Property Condition: New Construction
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Common Area
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2800
  • Association: Yes
  • Community Features: Clubhouse, Gated, Lake, Marina, Fitness Center, Playground, Pool, Street Lights, Tennis Court(s)

Fee Information

  • Initiation Fee: 1800
  • Association Fee Includes: Maintenance Grounds, Reserve Fund, Swimming, Tennis

Schools

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

Lot Info

  • Lot: 1004
  • Plat Book: 866
  • Plat Page: 102

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 524

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 17, 2023
Sold by
Livic Properties Llc
Bought by
Haire Jack Wendell
Seller's Agent
Tara Bohanan
Maximum One Premier Realtors
Buyer's Agent
Chelsea Corless
PEND Realty, LLC
List Price
$749,900
Sold Price
$746,000
Premium/Discount to List
-$3,900
-0.52%
Views
18
Current Estimated Value
$829,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,247
Avg. Annual Appreciation
2.85%
Original Mortgage
$400,000
Outstanding Balance
$394,179
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$386,819

Purchase Details

Closed on
Oct 15, 2021
Sold by
Equity Trust Company Fbo
Bought by
Livic Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2016
Sold by
Cool Springs Llc
Bought by
Equity Trust Co Fbo
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
Haire Jack Wendell $746,000 --
Livic Properties Llc $37,500 --
Equity Trust Co Fbo $24,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haire Jack Wendell $400,000
Previous Owner Livic Properties Llc $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $746,000 -0.5% --
10/25/2023 10/25/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $749,900 -- --
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 $6,909 $281,960 $27,200 $254,760
2023 $2,875 $116,520 $21,600 $94,920
2022 $386 $20,000 $20,000 $0
2021 $524 $20,000 $20,000 $0
2020 $540 $20,000 $20,000 $0
2019 $341 $20,000 $20,000 $0
2018 $244 $8,680 $8,680 $0
2017 $242 $8,680 $8,680 $0
2016 $592 $21,780 $21,780 $0
2015 $745 $21,780 $21,780 $0
2014 $745 $27,200 $27,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10214939

Georgia MLS

APN: 10-00016-00-092