$860,000
SOLD JUL 17, 2024

5820 Swinging Gate Rd Gainesville, GA 30506

4 Beds
3.5 Baths
-- Sq Ft
10,454 Sq Ft Lot

Recently Sold

12% Above List Price

29 Days on Market

Highlights

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

About This Home

As of July 2024

The "English Ivey" model is a custom home located in one of Lake Lanier's most sought after communities, Marina Bay. This resort style community offers a private Marina that is 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. This cottage home is in the Tennis Village where you will find stunning stone tennis/pickleball courts. Our homes (we have three to choose from) 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 a beverage cooler. Enjoy the primary suite on the main level with private study just off the foyer. Your guests/family will enjoy the three large suites on the second level. Large covered porch with Fireplace for quiet private outdoor living and a sprinkle system for easy yard care. Marina Bay is one of the most desired premier resort lakefront gated communities on Lanier, the amenities are beyond compare. Set up your private tour today so you don't miss your chance to join this unique community. These are the last few new homes left in this neighborhood!! Dock slips are available for purchase!

Last Agent to Sell the Property

Tara Bohanan

Maximum One Premier Realtors License #346609 Listed on: 06/01/2024

Maximum One Premier Realtors

Co-Listed By

Kristen Gee

Maximum One Premier Realtors License #351249

Last Buyer's Agent

Tara Bohanan

Maximum One Premier Realtors License #346609 Listed on: 06/01/2024

Maximum One Premier Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $533

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • 2-Story Property
  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 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 1005 / 10

Community Details

Overview

  • $2,800 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

$533

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: Cash
  • Levels: Two
  • Lot Size Acres: .24
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave
  • Bedrooms: 4
  • Dining Room Features: Seats 12+
  • Basement: None
  • Interior Amenities: Beamed Ceilings, Double Vanity, High Ceilings, Master On Main Level, Pulldown Attic Stairs, Tray Ceiling(s), Walk-In Closet(s)
  • Feature Name: LANIER
  • Accessibility Features: Accessible Doors
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter, Outside
  • 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, Garage Door Opener

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Initiation Fee: 2800
  • Association Fee Includes: Maintenance Grounds, Reserve Fund, Swimming, Tennis

Schools

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

Lot Info

  • Lot: 1005
  • Plat Book: 866
  • Plat Page: 102

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 533

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%
Views
63
Current Estimated Value
$894,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,073
Avg. Annual Appreciation
3.08%

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
Source: Public Records

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Range of Values:

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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: 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 $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

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10310235

Georgia MLS

APN: 10-00016-00-093