$259,900
SOLD AUG 30, 2019

5969 Grand Marina Cir Gainesville, GA 30506

0.5 Acre
$519,800 Price per Acre
21,780 Sq Ft Lot

Recently Sold

7% Below List Price

192 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Gated Community
  • Community Lake
  • Marina
  • 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: 01/08/2019

Last Buyer's Agent

Susan Verlander

Marina Bay Properties, LLC. License #254041 Listed on: 01/08/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,466

Year Built

  • 2023

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 103x233x100x208
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $183 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Utilities

  • Underground Utilities
  • Cable TV Available

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
  • Swim or tennis dues are required
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,466

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: Resale
  • Restrictions Requirements: Archit Controls
  • Special Features: None
  • Year Built (Public Record): 2023

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Waterfront Frontage: 100
  • Lake Name: Lanier
  • View: Lake

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake, Marina, Park, Pool, 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: 0.5000
  • Lot: 934
  • Land/Lot: 16
  • Possible Use: Residential
  • Current Zoning: RES
  • Plat Book: 867
  • Plat Page: 86
  • Lot Features: Curbs & Gutters, Sidewalk, Sloped, Street Lights
  • Lot Dimensions: 103x233x100x208
  • Parcel Number: 10017 000140
  • Price Acre Dollar: 519800.00
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 2466.00
  • Assessor Parcel Number: 10-00017-00-140
  • Close Date: 2019-08-30
  • Tax Year: 2017

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: 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
192
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

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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
Warranty Deed $259,900 --
Warranty Deed $356,900 --
Deed -- --
Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $995,000 New Conventional
Closed $995,000 New Conventional
Closed $194,925 New Conventional
Previous Owner $267,675 New Conventional
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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6117271

First Multiple Listing Service (FMLS)

APN: 10-00017-00-140