NOT LISTED FOR SALE

655 E Lake Dr Gainesville, GA 30506

Estimated Value: $1,952,809 - $2,547,000

6 Beds
6.5 Baths
5,129 Sq Ft
$432/Sq Ft Est. Value

Sale Details

Date Sold: December 10, 2020

Last sale price $1,800,000 $351 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,330 / mo

224 Days on Market

Highlights

  • 245 Feet of Waterfront
  • Country Club
  • Community Lake
  • Covered dock with one slips
  • Lake View
  • Dining Room Seats More Than Twelve

About This Home

As of December 2020

One of the most coveted homes in the Chattahoochee Country Club can be yours. Situated on a deep water cove of Lake Lanier with spectacular views and an easy gentle walk, this custom-built home designed by famed Atlanta architect William T. Baker leaves little to be desired. Views of the lake from every room in the house will welcome you home, while its comfortably elegant interior finishes will meet all of your expectations. Historic St. Joe brick enhances the front walkway, entrance hall, and terrace level bar area which offers an aDditional entertainment area and kitchen. Six full bedrooms with the master on the main beckon family home yet is intimate enough for empty nesters. The lush landscaping including fully grown hydrangeas and Japanese maples with walking paths and greenspace creates a visual buffer for the unused portions of the lot and is easily maintained by an irrigation system pumped from the lake, yet there is still plenty of room for you to build a pool if you wish. Enjoy the outdoors year-round on the main level porch with motorized retractable screens and a cozy fireplace for the chillier months, all illuminated by outdoor lighting which creates a soft glow on the house and yard. Located within walking distance to the Chattahoochee Country Club and across the street from the Chattahoochee Golf Course, private tours of the Chattahoochee Country Club can be arranged if desired, but membership is not required to live in this highly sought after neighborhood.

Last Agent to Sell the Property

Brad Abernathy

NOT A VALID MEMBER Listed on: 01/07/2020

Co-Listed By

Jaimie Harrison

The Norton Agency License #369241

Last Buyer's Agent

Beverly Filson

Candler Real Estate Group, LLC License #320745

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,704

Year Built

  • Built in 2016

Lot Details

  • 1.08 Acre Lot
  • 245 Feet of Waterfront
  • Lake Front
  • Private Entrance
  • Landscaped
  • Level Lot
  • Irrigation Equipment
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Pad
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Composition Roof
  • Metal Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 5,129 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling height of 10 feet on the lower level
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Plantation Shutters
  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Bonus Room
  • Screened Porch
  • Keeping Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Boat door in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered dock with one slips
  • Patio
  • Outdoor Fireplace
  • Outdoor Storage
  • Outdoor Gas Grill

Location

  • Property is near schools and shops

Schools

  • Centennial Arts Academy Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 36 / 02
  • Assessor Parcel Number 01108 002008

Community Details

Overview

  • Chattahoochee Estates Subdivision
  • Community Lake

Recreation

  • Country Club

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,704

Year Built

Built in 2016

Lot Details

1.08 Acres

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Traditional
  • Property Condition: Resale
  • Year Built: 2016
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Concrete, Hardwood
  • Fireplace Features: Family Room, Gas Log, Masonry, Outside
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Range, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Interior Amenities: Entrance Foyer, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s), Wet Bar
  • Basement: Boat Door, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Other, Keeping Room, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Other
  • Dining Room Features: Butlers Pantry, Seats 12+
  • Square Footage: 5129.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 1
  • Total Bathrooms: 7
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Waterfront Frontage: 245
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Metal
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, Screened
  • Exterior Features: Gas Grill, Private Front Entry, Private Rear Entry, Private Yard, Storage
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Level Driveway, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security Service
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Community Features: Country Club, Lake, Near Schools, Near Shopping, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Chattahoochee Estates

Lot Info

  • Acres: 1.0800
  • Lot: 36
  • Plat Book: 20
  • Plat Page: 29
  • Lot Features: Back Yard, Landscaped, Level
  • Lot Dimensions: 244 170
  • Parcel Number: 01108 002008
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 13704.00
  • Tax Year: 2018

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: Centennial Arts Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Dec 10, 2020
Sold by
Higgins Elizabeth Jacobs
Bought by
Bostic Jeffrey L and Bostic Lynn S
Seller's Agent
Brad Abernathy
NOT A VALID MEMBER
Buyer's Agent
Beverly Filson
Candler Real Estate Group, LLC
List Price
$2,100,000
Sold Price
$1,800,000
Premium/Discount to List
-$300,000
-14.29%
Current Estimated Value
$2,213,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,936
Avg. Annual Appreciation
3.92%
Original Mortgage
$1,260,000
Outstanding Balance
$1,117,631
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,096,305

Purchase Details

Closed on
Nov 4, 2016
Sold by
Patrick Thomas
Bought by
Higgins Elizabeth Jacobs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,983
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2015
Sold by
Higgins Thomas P
Bought by
Higgins Thomas P and Higgins Elizabeth J

Purchase Details

Listed on
Sep 26, 2014
Closed on
Apr 1, 2015
Sold by
Small Doris Woods
Bought by
Higgins Thomas Patrick and Carswell Elizabeth Jacobs
Seller's Agent
Brad Abernathy
NOT A VALID MEMBER
Buyer's Agent
Brad Abernathy
NOT A VALID MEMBER
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%

Purchase Details

Closed on
Mar 14, 2013
Sold by
Hall Robert H
Bought by
Small Doris Woods
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bostic Jeffrey L $1,800,000 --
Higgins Elizabeth Jacobs -- --
Higgins Thomas P -- --
Higgins Thomas Patrick $560,000 --
Small Doris Woods -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bostic Jeffrey L $1,260,000
Previous Owner Higgins Elizabeth Jacobs $941,983
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2020 12/10/20 Sold $1,800,000 -2.7% $351 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/15/2020 08/15/20 Price Changed $1,850,000 -5.1% $361 / Sq Ft
02/21/2020 02/21/20 Price Changed $1,950,000 -7.1% $380 / Sq Ft
01/07/2020 01/07/20 For Sale $2,100,000 +275.0% $409 / Sq Ft
04/01/2015 04/01/15 Sold $560,000 -6.7% $246 / Sq Ft View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
09/26/2014 09/26/14 For Sale $599,900 -- $263 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $18,973 $801,592 $440,240 $361,352
2024 $19,417 $678,272 $358,720 $319,552
2023 $2,608 $667,584 $358,720 $308,864
2022 $2,898 $617,040 $358,720 $258,320
2021 $2,798 $537,320 $286,960 $250,360
2020 $10,523 $350,080 $143,480 $206,600
2019 $9,786 $320,760 $119,560 $201,200
2018 $1,863 $314,080 $119,560 $194,520
2017 $2,035 $303,680 $119,560 $184,120
2016 $5,920 $195,440 $119,560 $75,880
2015 -- $201,160 $119,560 $81,600
2014 -- $201,160 $119,560 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6666113

First Multiple Listing Service (FMLS)

APN: 01-00108-02-008

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