NOT LISTED FOR SALE

5990 Watermark Cove Gainesville, GA 30506

Estimated Value: $353,000 - $1,286,000

1.5 Acres
$649,555 Price per Acre
65,340 Sq Ft Lot

Last Sold June 22, 2023

Last sale price $75,000

Est. 1,199% increase in value since last sale

Current estimated payment $5,485/month

61 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Clubhouse
  • 1 Boat Dock
  • Community Lake
  • Partially Wooded Lot

About This Lot

As of June 2023

Only 18 lots in the PRIVATE and GATED upscale subdivision. 3 lots remaining to bring your own builder and build your DREAM home! This is only 1 of the few Lake Lanier subdivisions that INCLUDES a boat slip in the community dock at no additional charge. The dock slip will handle a large boat. Enjoy the fantastic stone pavilion with a spa overlooking the lake. GREAT for entertaining and cookouts! Private swimming pool for Watermark residents is located at the front of the subdivision. Buy now and build later and start enjoying lake life today! Minimum of 3500 square feet heated for new construction. $2640/year HOA fees plus $1000 capital contribution at closing.

Last Agent to Sell the Property

Teresa Smith

Keller Williams Realty Atl. Partners License #248187 Listed on: 03/17/2023

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Teresa Smith

Keller Williams Realty Atl. Partners License #248187 Listed on: 03/17/2023

Keller Williams Realty Atl. Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,128

Lot Details

  • 1.5 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Partially Wooded Lot

HOA Fees

  • $220 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 12

Community Details

Overview

  • Watermark On Lanier Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Access To Lake
  • Deep Water Access
  • Army Corps Of Engineers Controlled
  • 1 Boat Dock

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,128

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Land
  • District: 10
  • Financing Type: Cash
  • Lot Size Acres: 1.50
  • Other Sturctures: None
  • Property Sub-Type: Residential Lot
  • Total Dock Slips: 1
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Land Use Restrictions: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Feature Name: Lanier
  • Price Per Square Foot: 90000

Exterior Features

  • Lot Features: Curb, Other
  • Waterfront Features: Corps of Engineers Control, Deep Water Access, Lake Access, Lake

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2640
  • Association: Yes
  • Community Features: Clubhouse, Gated, Lake, Pool, Street Lights

Schools

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

Lot Info

  • Land Lot: 12
  • Lot: 12
  • Total Lots: 1
  • Deed Book: 8049
  • Deed Page: 316
  • CurrentUse: Subdivision

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 19, 2023
Sold by
Frank Michelle Lynn
Bought by
Wgr Investments Llc
Seller's Agent
Teresa Smith
Keller Williams Realty Atl. Partners
Buyer's Agent
Teresa Smith
Keller Williams Realty Atl. Partners
List Price
$135,000
Sold Price
$75,000
Premium/Discount to List
-$60,000
-44.44%
Views
119
Current Estimated Value
$974,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$899,333
Avg. Annual Appreciation
215.79%

Purchase Details

Closed on
Jan 9, 2008
Sold by
J & Y Tillem Properties Llc
Bought by
Exterior Motives Contracting Inc

Purchase Details

Closed on
Dec 20, 2007
Sold by
Exterior Motives Contracting I
Bought by
J & Y Tillem Properties Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Tillem Jerry
Bought by
Exterior Motives Contracting Inc
Source: Public Records

Range of Values:

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Average Value
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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
Wgr Investments Llc $75,000 --
Exterior Motives Contracting Inc -- --
J & Y Tillem Properties Llc -- --
Exterior Motives Contracting Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $75,000 -44.4% --
05/17/2023 05/17/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $135,000 -- --
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 $889 $44,560 $44,560 $0
2023 $1,029 $35,640 $35,640 $0
2022 $1,066 $35,640 $35,640 $0
2021 $1,086 $35,640 $35,640 $0
2020 $1,128 $35,640 $35,640 $0
2019 $1,317 $49,800 $49,800 $0
2018 $1,295 $40,200 $40,200 $0
2017 $1,278 $40,200 $40,200 $0
2016 $1,249 $40,200 $40,200 $0
2015 $1,616 $40,200 $40,200 $0
2014 $1,616 $53,640 $53,640 $0
Source: Public Records

Agents Affiliated with this Home

  • Teresa Smith

    Seller's Agent in 2023

    Teresa Smith

    Keller Williams Realty Atl. Partners

    (678) 318-5007

    154 Total Sales

    Teresa Smith
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Map

Source: Georgia MLS

MLS Number: 10140742

Georgia MLS

APN: 10-00007-00-095

Georgia Hall County Gainesville 30506

5990 Watermark Cove, Gainesville, GA

This home is located at 5990 Watermark Cove, Gainesville, GA 30506 since 17 March 2023 and is currently estimated at $974,333. 5990 Watermark Cove is a home located in Hall County with nearby schools including Sardis Elementary School, Chestatee Middle School, and Chestatee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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