NOT LISTED FOR SALE

5924 Nix Bridge Rd Gainesville, GA 30506

Estimated Value: $1,385,000 - $2,020,000

3 Beds
2.5 Baths
2,400 Sq Ft
$740/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $1,700,000 $708 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,205/month

2 Days on Market

Highlights

  • Boathouse
  • 2 Boat Docks
  • RV or Boat Parking
  • 1,393 Feet of Waterfront
  • Deep Water Access
  • RV or Boat Storage in Community

About This Home

As of June 2022

Dragonfly Farm is an incredibly versatile & private lakefront property complete with magazine-quality Barndominium, stand-alone dock house connected to a modern double-slip party dock on deep water, pasture land, 2 chicken coops, 2 pasture shelters, ATV/walking paths through the woods & more. With almost 9 acres of land & nearly 1400 ft of frontage on Lake Lanier, the current owners used it as a hobby farm for animals & gardens as well as a mechanic's garage for their race cars. The lower floor features a 5-car garage w/ car lift, massive rec area, a media section, huge universal room (currently used as a bedroom) w/ 2 industrial sinks, full bath & tons of storage. That floor could easily be divided to establish horse stalls. Straight out of the latest design magazines, the upstairs living quarters are perfectly updated to the latest standards: open floor plan, chef's dream kitchen w/ massive pantry & work island, dining area, family room, to-die-for owner's suite & an office currently used as a bedroom--all w/ upscale luxury finishes. You'll love the huge deck overlooking the dragonfly-shaped herb garden, lake & sprawling lot. This property is perfect for a car collector, VRBO investor, horse enthusiast, developer, sports lover or anyone looking for a private lake escape. It even has 220 amp power to hook up 2 large RVs at the same time. Property comes with a Polaris Ranger UTV, tractor + attachments, generator for the dock house & furniture is negotiable.

Last Agent to Sell the Property

BEVERLY KNIGHT

Keller Williams Lanier Partners License #324127 Listed on: 05/13/2022

Keller Williams Lanier Partners

Co-Listed By

Angie Smart

Keller Williams Lanier Partners License #252832

Last Buyer's Agent

Amy Phillips

Virtual Properties Realty.com License #154752

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,579

Year Built

  • Built in 2012

Lot Details

  • 8.96 Acre Lot
  • 1,393 Feet of Waterfront
  • Lake Front
  • Fenced Front Yard
  • Wood Fence
  • Private Lot
  • Garden

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 9 Car Garage
  • Drive Under Main Level
  • RV or Boat Parking

Outdoor Features

  • Deep Water Access
  • Boathouse
  • 2 Boat Docks
  • Deck
  • Shed
  • Outdoor Gas Grill

Schools

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

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Power Generator
  • Well
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • No Home Owners Association
  • Lake Lanier With Ds Dock Subdivision
  • Community Lake

Recreation

  • RV or Boat Storage in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,579

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2012
  • Upper Level Half Bathroom: 1
  • Co List Office: KWRH01
  • Electric: Generator
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: 8.96
  • Other Sturctures: Boat House, Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 2
  • Total Finished Area2: 2400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 2400
  • Above Grade Finished Sq Ft: 2400
  • Interior Amenities: Double Vanity, Walk-In Closet(s)
  • Feature Name: LANIER
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas Starter, Wood Burning Stove
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room, Kitchen Island, Walk-in Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 708.333

Beds/Baths

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

Exterior Features

  • Waterfront Frontage: 1393
  • Common Walls: No Common Walls
  • Construction Materials: Concrete, Block
  • ExteriorFeatures: Garden, Gas Grill
  • Fencing: Fenced, Front Yard, Wood
  • Foundation Details: Slab
  • Lot Features: Private, Pasture
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Deep Water Access

Garage/Parking

  • Parking Features: Attached, Basement, Garage, RV/Boat Parking
  • ParkingTotal: 9

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Central, Heat Pump
  • Laundry Features: Upper Level
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat/Camper/Van Prkg, Lake

Fee Information

  • Association Fee Includes: None

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: 7
  • Deed Book: 6880
  • Deed Page: 448

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6579

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 15, 2022
Sold by
Olson Terry M
Bought by
Adams Richard L and Adams Yolanda V
Seller's Agent
BEVERLY KNIGHT
Keller Williams Lanier Partners
Buyer's Agent
Amy Phillips
Virtual Properties Realty.com
List Price
$1,700,000
Sold Price
$1,700,000
Total Days on Market
2
Current Estimated Value
$1,775,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,645
Avg. Annual Appreciation
2.53%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Olson Terry M
Bought by
Settle James Edward

Purchase Details

Closed on
Aug 26, 2011
Sold by
Mendola Janet Funk
Bought by
Olson Terry M and Olson Sandra M

Purchase Details

Closed on
Aug 30, 2010
Sold by
Mendola Janet F
Bought by
Mendola Janet F
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 Buyer Sale Price Title Company
Adams Richard L $1,700,000 --
Settle James Edward -- --
Olson Terry M $120,000 --
Mendola Janet F -- --
Mendola Janet F -- --
Mendola Janet F -- --
Boerner George C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $1,700,000 0.0% $708 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $1,700,000 -- $708 / Sq Ft
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 $9,382 $654,004 $475,560 $178,444
2023 $5,867 $804,412 $639,440 $164,972
2022 $6,571 $252,560 $154,240 $98,320
2021 $6,579 $248,140 $154,240 $93,900
2020 $6,658 $243,860 $154,240 $89,620
2019 $6,618 $240,220 $154,240 $85,980
2018 $6,449 $226,420 $144,160 $82,260
2017 $6,213 $220,380 $144,160 $76,220
2016 $6,062 $220,380 $144,160 $76,220
2015 $3,118 $220,380 $144,160 $76,220
2014 $3,118 $338,140 $238,600 $99,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10047545

Georgia MLS

APN: 10-00007-00-008C