NOT LISTED FOR SALE

5969 Grand Marina Cir Gainesville, GA 30506

Estimated Value: $774,000 - $1,601,811

0.51 Acre
$2,212,163 Price per Acre
22,216 Sq Ft Lot

Last Sold August 30, 2019

Last sale price $259,900

Est. 334% increase in value since last sale

Current estimated payment $7,564/month

21 Days on Market

Highlights

  • Marina
  • Gated Community
  • Community Lake
  • Fitness Center
  • Lake View
  • Clubhouse

About This Lot

As of August 2019

LAKEFRONT LOT!! Boat slip must be purchased for $70k (not included in price). Soft, rolling topo. Hard woods. On Cul-De-Sac. Owners' plans have changed. Rare opportunity to buy lake front living in Marina Bay.

Last Agent to Sell the Property

Susan Verlander

Marina Bay Properties, LLC. License #254041 Listed on: 06/04/2019

Last Buyer's Agent

Susan Verlander

Marina Bay Properties, LLC. License #254041 Listed on: 06/04/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,970

Year Built

  • 2023

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 102x233x100x208
  • Property fronts a private road
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned PRD

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Fixer Upper

Schools

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

Additional Features

  • Lake Views
  • Underground Utilities

Listing and Financial Details

  • Legal Lot and Block 934 / 9
  • Assessor Parcel Number 10017 000140

Community Details

Overview

  • Marina Bay Subdivision
  • Community Lake

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Fitness Center
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,970

Year Built

2023

Lot Details

0

HOA Fees

$183 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: Fixer Upper
  • Special Features: None
  • Year Built (Public Record): 2023

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Lanier
  • View: Lake

Utilities

  • Utilities: Sewer Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake, Marina, Park, Fitness Center, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 2200
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: Marina Bay

Schools

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

Lot Info

  • Acres: 0.5100
  • Lot: 934
  • Land/Lot: 17
  • Possible Use: Residential
  • Current Zoning: PRD
  • Plat Book: 867
  • Plat Page: 86
  • Current Use: Vacant
  • Lot Features: Curbs & Gutters, Rolling Slope, Sidewalk, Street Lights
  • Lot Dimensions: 102x233x100x208
  • Parcel Number: 10017 000140
  • Price Acre Dollar: 509607.84
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1970.00
  • Assessor Parcel Number: 10-00017-00-140
  • Close Date: 2019-08-30
  • Tax Year: 2018

MLS Schools

  • 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 4, 2019
Closed on
Aug 30, 2019
Sold by
Lorusso Scott S
Bought by
Young Robert J and Young Mary Colleen
Seller's Agent
Susan Verlander
Marina Bay Properties, LLC.
Buyer's Agent
Susan Verlander
Marina Bay Properties, LLC.
List Price
$279,900
Sold Price
$259,900
Premium/Discount to List
-$20,000
-7.15%
Total Days on Market
21
Current Estimated Value
$1,128,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$868,303
Avg. Annual Appreciation
16.98%
Original Mortgage
$194,925
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2016
Sold by
Cool Springs Llc
Bought by
Lorusso Lisa A and Lorusso Scott S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,675
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2014
Sold by
National Charities Llc
Bought by
Cool Springs Llc

Purchase Details

Closed on
Mar 4, 2008
Sold by
Cool Springs Llc
Bought by
National Charities Llc
Source: Public Records

Similar Property in Gainesville, GA

  • 1636 Atlanta Hwy, Gainesville, GA 30504

    $1,200,000

    • Land
    • 0.52 Acre
    • $2,307,692 per Acre
    • 1636 Atlanta Hwy
    • Gainesville, GA

    Located in the heart of Hall County. This flat, level lot with building and business is for sale and consists of 0.52 acres +/- acres with ample great road frontage. Great opportunity for investors just an awesome location for any business. Great exposure! Perfect for restaurant car lot again any business auto related, restaurant, retail center, storage, medical office building etc. Zoned

    Claudia J Baron Smart Homesmart Realty Partners

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Young Robert J $259,900 --
Lorusso Lisa A $356,900 --
Cool Springs Llc -- --
National Charities Llc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Robert J $995,000
Closed Young Robert J $995,000
Closed Young Robert J $194,925
Previous Owner Lorusso Lisa A $267,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $259,900 0.0% --
08/30/2019 08/30/19 Sold $259,900 -7.1% --
08/15/2019 08/15/19 For Sale $279,900 0.0% --
07/19/2019 07/19/19 Pending -- -- --
06/25/2019 06/25/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $279,900 +7.7% --
05/31/2019 05/31/19 Off Market $259,900 -- --
01/08/2019 01/08/19 For Sale $279,900 -- --
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 $12,788 $517,000 $225,360 $291,640
2023 $3,705 $146,680 $146,680 $0
2022 $3,744 $142,400 $142,400 $0
2021 $2,972 $110,240 $110,240 $0
2020 $2,888 $105,000 $105,000 $0
2019 $2,840 $67,080 $67,080 $0
2018 $1,970 $67,080 $67,080 $0
2017 $804 $72,200 $72,200 $0
2016 $785 $26,014 $26,014 $0
2015 $1,279 $26,014 $26,014 $0
2014 $1,279 $44,000 $44,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6563890

First Multiple Listing Service (FMLS)

APN: 10-00017-00-140