NOT LISTED FOR SALE

5824 N Cove Rd Gainesville, GA 30504

Estimated Value: $696,000 - $1,030,000

4 Beds
3 Baths
2,856 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $675,000 $236 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,003/month

Highlights

  • 95 Feet of Waterfront
  • Covered dock with one slips
  • Deep Water Access
  • Marina
  • Guest House
  • Open-Concept Dining Room

About This Home

As of August 2020

Lake living at it's finest! This home has year-round lake views & an easy walk to a deep water, covered party dock. In 2019, this 4 BR/3 BA was renovated with new exterior and interior paint, an upgraded dock with poles, new gutters with leaf guard, additional parking, and a new deck and AC unit. The guest house above the 2 car detached garage (1 BR/1 BA) is perfect for guest with 624 sq ft. Kitchen with custom cabinets, dining room with wall of windows and beverage bar & living room with masonry fireplace and cedar beams. Cul-de-sac on a private peninsula and no HOA! Come fall in love with North Cove!

Last Agent to Sell the Property

Sheila Davis

The Norton Agency License #244784 Listed on: 07/22/2020

The Norton Agency

Co-Listed By

Jennifer Anderson

Keller Williams Lanier Partners License #401565

Last Buyer's Agent

Beth Mitchell

Ansley Real Estate| Christie's International Real Estate License #389542

Ansley Real Estate| Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1977

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 171 x 95
  • 95 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Private Yard
  • Front Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Lot

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Cedar

Interior Spaces

  • 2,856 Sq Ft Home
  • 1.5-Story Property
  • Roommate Plan
  • Wet Bar
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Open-Concept Dining Room
  • Den
  • Lake Views
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on main level

Unfinished Basement

  • Garage Access
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with one slips
  • Lake On Lot
  • Courtyard
  • Deck
  • Shed
  • Front Porch

Additional Homes

  • Guest House

Schools

  • Mcever Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • 220 Volts
  • 110 Volts
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 08085 001009

Community Details

Overview

  • North Cove Subdivision
  • Community Lake

Amenities

  • Restaurant
  • Guest Suites

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,092

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 1977
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), High Ceilings 10 ft Main, Walk-In Closet(s), Wet Bar
  • Basement: Crawl Space, Driveway Access, Exterior Entry, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room, Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 2856.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Oversized Master, Roommate Floor Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Other Structures: Guest House, Shed(s)
  • Waterfront Frontage: 95
  • Construction Materials: Cedar, Frame
  • Roof Type: Metal, Shingle
  • Lake Name: Lanier
  • Fencing: Privacy
  • Patio And Porch Features: Deck, Front Porch, Side Porch
  • Exterior Features: Courtyard, Private Yard, Storage
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Detached, Driveway, Garage, Garage Door Opener, Parking Lot

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Central, Propane
  • Laundry Features: In Hall, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Community Features: Fishing, Guest Suite, Lake, Marina, Restaurant
  • Subdivision Complex: North Cove

Lot Info

  • Acres: 0.3400
  • Lot: 4
  • Plat Book: 63
  • Plat Page: 8
  • Lot Features: Cul-De-Sac, Front Yard, Lake On Lot, Landscaped, Level
  • Lot Dimensions: 171 x 95
  • Parcel Number: 08085 001009
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4092.00
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: McEver
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 31, 2020
Sold by
Anderson John
Bought by
Bowman Edwin L and Bowman Emily S
Seller's Agent
Sheila Davis
The Norton Agency
Buyer's Agent
Beth Mitchell
Ansley Real Estate| Christie's International Real Estate
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$857,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,114
Avg. Annual Appreciation
4.74%
Original Mortgage
$510,400
Outstanding Balance
$409,049
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$448,065

Purchase Details

Listed on
Oct 24, 2018
Closed on
Jan 18, 2019
Sold by
Jones Sharon D
Bought by
Anderson John and Anderson Jennifer
Seller's Agent
The Fauscett Team
Keller Williams Lanier Partners
Buyer's Agent
Susan Kliesen
RE/MAX Center
List Price
$585,800
Sold Price
$575,000
Premium/Discount to List
-$10,800
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$460,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1998
Sold by
Jones Richard M
Bought by
Jones Richard M
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
Bowman Edwin L $675,000 --
Anderson John $575,000 --
Jones Richard M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Edwin L $510,400
Previous Owner Anderson John $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $675,000 0.0% $236 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $675,000 +17.4% $236 / Sq Ft
01/18/2019 01/18/19 Sold $575,000 -1.8% $258 / Sq Ft View Prior Sale
11/10/2018 11/10/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $585,800 -- $262 / Sq Ft
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 $6,094 $243,976 $97,520 $146,456
2023 $5,886 $235,556 $97,520 $138,036
2022 $5,483 $210,272 $97,520 $112,752
2021 $5,600 $210,800 $97,520 $113,280
2020 $5,070 $205,960 $97,520 $108,440
2019 $4,092 $168,240 $97,520 $70,720
2018 $3,910 $157,040 $89,480 $67,560
2017 $3,729 $152,480 $89,480 $63,000
2016 $3,637 $152,480 $89,480 $63,000
2015 $4,251 $152,480 $89,480 $63,000
2014 $4,251 $152,480 $89,480 $63,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6752582

First Multiple Listing Service (FMLS)

APN: 08-00085-01-009