$55,000
SOLD DEC 15, 2021

5820 Swinging Gate Rd Gainesville, GA 30506

0.24 Acre
$229,167 Price per Acre
10,454 Sq Ft Lot

Recently Sold

8% Below List Price

365 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Clubhouse
  • Boat Dock
  • Gated Community
  • Partially Wooded Lot

About This Lot

As of July 2024

Lake living at it's best on this Beautiful tennis cottage home site In Marina Bay. Build your Dream Home and enjoy all the amenities Marina Bay has to offer. This little village in Marina Bay will not be repeated. If you want low maintenance living whether you play tennis or not these architecturally detail villas are beautiful. Hidden away behind lush landscaping - only 13 homes to be built. Excellent affluent lake living with 3.5 miles of shoreline on the quiet north end of Lanier. 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

Last Buyer's Agent

Susan Verlander

Marina Bay Properties, LLC. License #254041

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $522

Year Built

  • 2023

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x147x72x160
  • Property fronts a private road
  • 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

Listing and Financial Details

  • Tax Lot 1005
  • Assessor Parcel Number 10016 000093

Community Details

Overview

  • Marina Bay Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$522

Year Built

2023

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
  • Property Condition: Resale
  • Special Features: None
  • Year Built (Public Record): 2023

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Lanier

Utilities

  • Utilities: Underground Utilities, Sewer Available

Condo/Co-op/Association

  • Community Features: Boating, Clubhouse, Community Dock, Gated, Homeowners Assoc, Marina, Park, Fitness Center, Pool, Sidewalks, Street Lights, 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: 0.2400
  • Lot: 1005
  • Possible Use: Residential
  • Deed Book: 7785
  • Deed Page: 321
  • Plat Book: 866
  • Plat Page: 100
  • Current Use: Residential
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 70x147x72x160
  • Parcel Number: 10016 000093
  • Price Acre Dollar: 229166.67
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 522.00
  • Assessor Parcel Number: 10-00016-00-093
  • Close Date: 2021-12-15
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • 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
Jun 1, 2024
Closed on
Jul 17, 2024
Sold by
Livic Properties Llc
Bought by
Bagley Family Properties Llc
Seller's Agent
Tara Bohanan
Maximum One Premier Realtors
Buyer's Agent
Tara Bohanan
Maximum One Premier Realtors
List Price
$768,499
Sold Price
$860,000
Premium/Discount to List
$91,501
11.91%
Total Days on Market
365
Views
63
Current Estimated Value
$879,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,489
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 17, 2021
Sold by
The Smithco Grp Inc
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
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
189.11%
Original Mortgage
$234,000
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2016
Sold by
Cool Springs Llc
Bought by
The Smithco Grp Inc

Map

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
Limited Warranty Deed $860,000 --
Warranty Deed $55,000 --
Warranty Deed $48,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $234,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $860,000 +11.9% --
06/30/2024 06/30/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $768,499 +1297.3% --
12/15/2021 12/15/21 Sold $55,000 -8.2% --
10/12/2021 10/12/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $59,900 -- --
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
2024 $1,880 $76,200 $27,200 $49,000
2023 $556 $21,600 $21,600 $0
2022 $514 $20,000 $20,000 $0
2021 $524 $20,000 $20,000 $0
2020 $540 $20,000 $20,000 $0
2019 $327 $19,200 $19,200 $0
2018 $235 $8,360 $8,360 $0
2017 $245 $8,360 $8,360 $0
2016 $568 $20,908 $20,908 $0
2015 $715 $20,908 $20,908 $0
2014 $715 $26,120 $26,120 $0
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 6794794

First Multiple Listing Service (FMLS)

APN: 10-00016-00-093