NOT LISTED FOR SALE

5837 Swinging Gate Rd Gainesville, GA 30506

Estimated Value: $204,000 - $840,000

0.44 Acre
$1,312,207 Price per Acre
19,166 Sq Ft Lot

Last Sold October 26, 2023

Last sale price $180,000

Est. 221% increase in value since last sale

Current estimated payment $3,628/month

43 Days on Market

Highlights

  • Marina
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Community Lake
  • Partially Wooded Lot

About This Lot

As of October 2023

Northern Lake Lanier living at its best. The only villas like this in Marina Bay, the Tennis Village features cottage size homes with estate-style luxury features. Several plans and sites to choose from. Masters on the main with full or partially finished terrace or second level bedrooms. Boat slip available. Let us help you build your Dream Home and enjoy all the amenities beautiful gated Marina Bay has to offer. A true hidden treasure situated just off the beaten path of the traffic and noise but only a short drive to the growing downtown Gainesville or Dawsonville restaurants and shopping. Residents enjoy the 14,000 sf Clubhouse with Incredible salt-water pool, fitness center, outdoor FP & pavilion, billiards room, library and club space for community or family gatherings. Plus Marina Bay has stunning tennis / pickle ball village, parks, private marina, sidewalks, tree-lined streets, architectural controls and year round community activities for the entire family.

Last Agent to Sell the Property

Susan Verlander

Marina Bay Properties, LLC. License #254041 Listed on: 06/28/2023

Last Buyer's Agent

Jacob Marks

Century 21 Results License #395883

Century 21 Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $556

Lot Details

  • 0.44 Acre Lot
  • Partially Wooded Lot
  • Property is zoned PRD

HOA Fees

  • $233 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1010
  • Assessor Parcel Number 10016 000098

Community Details

Overview

  • Marina Bay Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$556

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: MARINA BAY S/D PHS 10 LT 1010
  • 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

  • Lake Name: Lanier

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Homeowners Assoc, Lake, Marina, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 2800
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Marina Bay

Schools

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

Lot Info

  • Acres: 0.4400
  • Lot: 1010
  • Land/Lot: 1010
  • Section G M D: 575
  • Current Zoning: PRD
  • Plat Book: 850
  • Plat Page: 121
  • Lot Features: Curbs & Gutters, Sidewalk
  • Lot Dimensions: x
  • Parcel Number: 10016 000098
  • Price Acre Dollar: 409090.91
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 556.00
  • Assessor Parcel Number: 10-00016-00-098
  • Close Date: 2023-10-26
  • Tax Year: 2023

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 28, 2023
Closed on
Oct 26, 2023
Sold by
Hudson Warehouses Llc
Bought by
Marks Adam and Marks Teresa
Seller's Agent
Susan Verlander
Marina Bay Properties, LLC.
Buyer's Agent
Jacob Marks
Century 21 Results
List Price
$85,000
Sold Price
$180,000
Premium/Discount to List
$95,000
111.76%
Views
74
Current Estimated Value
$577,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,371
Avg. Annual Appreciation
93.59%
Original Mortgage
$827,179
Interest Rate
9.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2016
Sold by
Hudson Homes At Marina Bay Llc
Bought by
Hudson Warehouses Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Cool Springs Llc
Bought by
Hudson Homes At Marina Bay Llc
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 Buyer Sale Price Title Company
Marks Adam $180,000 --
Hudson Warehouses Llc -- --
Hudson Homes At Marina Bay Llc $1,540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marks Adam $647,000
Closed Marks Adam $827,179
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $180,000 +111.8% --
08/10/2023 08/10/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $85,000 -- --
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 $2,471 $97,120 $27,200 $69,920
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 $1,201 $35,240 $35,240 $0
2018 $431 $15,320 $15,320 $0
2017 $427 $15,320 $15,320 $0
2016 $492 $18,120 $18,120 $0
2015 $870 $18,120 $18,120 $0
2014 $870 $31,760 $31,760 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Verlander

    Seller's Agent in 2023

    Susan Verlander

    Marina Bay Properties, LLC.

    (770) 679-3944

    69 Total Sales

    Susan Verlander
    Section Image

  • J

    Buyer's Agent in 2023

    Jacob Marks

    Century 21 Results

    (470) 272-8519

    4 Total Sales

    Jacob Marks
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7238659

First Multiple Listing Service (FMLS)

APN: 10-00016-00-098

Georgia Hall County Gainesville 30506

5837 Swinging Gate Rd, Gainesville, GA

This home is located at 5837 Swinging Gate Rd, Gainesville, GA 30506 since 28 June 2023 and is currently estimated at $577,371. 5837 Swinging Gate Rd is a home located in Hall County with nearby schools including Sardis Elementary School, Chestatee Middle School, and Chestatee High School.

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