NOT LISTED FOR SALE

5988 Wellington Ave Gainesville, GA 30506

Lake Lanier Area

Estimated Value: $782,000 - $918,000

4 Beds
3.5 Baths
3,146 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2020

Last sale price $515,000 $164 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,358 / mo

22 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Fishing
  • Community Lake
  • Double Slip
  • Lake View
  • Dining Room Seats More Than Twelve

About This Home

As of August 2020

With lake houses that are well-priced FLYING off the shelves you don’t want to delay on this one. It has a double-slip dock in water so deep you might not ever need to push out. It is located on the pretty green Chestatee River part of the Lake, in the popular Stratford on Lanier neighborhood, a swim/tennis community. It is updated, move-in-ready, bright and cheery, and has a great floor plan, with plenty of room to spread out. It offers the potential of 5 bedrooms, has a terrace level rec room with a wet bar and great entertaining space, and a deck which overlooks the fenced-in, grassed back yard. Just in time to be on the lake this summer!

Last Agent to Sell the Property

The Evert Miller Group

NOT A VALID MEMBER Listed on: 07/07/2020

NOT A VALID MEMBER

Last Buyer's Agent

Randi Soniker

Compass License #377500

Compass

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 1998

Lot Details

  • 31,363 Sq Ft Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Irrigation Equipment
  • Wooded Lot
  • Back Yard Fenced

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 3,146 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Wet Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Factory Built Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Second Story Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Party Deck
  • Double Slip
  • Covered dock with two slips
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • 110 Volts
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 10008 000018

Community Details

Overview

  • Stratford On Lanier HOA, Phone Number (678) 936-0563
  • Stratford On Lanier Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,281

Year Built

Built in 1998

Lot Details

0.72 Acres

HOA Fees

$33 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Double Vanity, Entrance Foyer, High Ceilings 9 ft Lower, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets White, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room, Great Room - 2 Story, Living Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3146.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Roommate Floor Plan
  • Lower Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Waterfront Frontage: 100
  • Construction Materials: Brick Front, Frame, Vinyl Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Back Yard, Chain Link, Fenced
  • Patio And Porch Features: Deck, Patio
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Faces Front, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Laundry Features: Main Level, Mud Room
  • Utilities: Electricity Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Reserve Fund, Swim/Tennis
  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Pool, Tennis Court(s)
  • Association Fee: 390
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: Stratford.on.lanier.hoa@gmail.com
  • Management Phone: 678-936-0563
  • Subdivision Complex: Stratford On Lanier

Association/Amenities

  • Management Company: Stratford On Lanier HOA

Lot Info

  • Acres: 0.7200
  • Lot: 38
  • Lot Features: Back Yard, Sloped, Wooded
  • Parcel Number: 10008 000018
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5281.00
  • 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: Sardis
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 31, 2020
Sold by
Whitley Amy R
Bought by
Seller's Agent
The Evert Miller Group
NOT A VALID MEMBER
Buyer's Agent
Randi Soniker
Compass
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Current Estimated Value
$858,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,487
Avg. Annual Appreciation
8.89%
Original Mortgage
$489,250
Outstanding Balance
$424,198
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$434,289

Purchase Details

Closed on
Apr 25, 2007
Sold by
Webb Scott and Webb Tracie
Bought by
Whitley Amy R

Purchase Details

Closed on
Aug 27, 1997
Sold by
Akin L Judson
Bought by
Webb Scott and Webb Tracie
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 --
Whitley Amy R $573,500 --
Webb Scott $45,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $489,250
Previous Owner Webb Tracie S $50,000
Previous Owner Webb Scott T $208,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $515,000 -1.9% $164 / Sq Ft
07/07/2020 07/07/20 For Sale $525,000 0.0% $167 / Sq Ft
07/25/2019 07/25/19 Rented $2,500 0.0% --
05/28/2019 05/28/19 For Rent $2,500 +19.0% --
05/27/2014 05/27/14 Rented $2,100 0.0% --
05/27/2014 05/27/14 For Rent $2,100 -- --
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,341 $305,120 $130,480 $174,640
2024 $5,860 $234,480 $105,040 $129,440
2023 $5,509 $220,280 $97,240 $123,040
2022 $5,209 $199,600 $97,240 $102,360
2021 $5,334 $200,640 $97,240 $103,400
2020 $5,374 $196,320 $97,240 $99,080
2019 $5,281 $191,120 $97,240 $93,880
2018 $5,119 $179,200 $90,880 $88,320
2017 $4,889 $172,840 $90,880 $81,960
2016 $4,770 $172,840 $90,880 $81,960
2015 $3,623 $172,840 $90,880 $81,960
2014 $3,623 $204,000 $106,920 $97,080
Source: Public Records

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6748470

First Multiple Listing Service (FMLS)

APN: 10-00008-00-018

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