NOT LISTED FOR SALE

7003 Hammock Trail Gainesville, GA 30506

Estimated Value: $767,588 - $875,000

4 Beds
3.5 Baths
4,576 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $447,000 $98 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,466/month

75 Days on Market

Highlights

  • Boat Dock
  • Gated Community
  • Community Lake
  • Fitness Center
  • Craftsman Architecture
  • Clubhouse

About This Home

As of June 2020

Seller is Moving, Very Motivated & entertaining offers! EXCLUSIVE GATED LAKE LANIER BEAUTY. This fresh 4Br 3.5 Bath Craftsman Style home with Master on Main is move in ready! Nestled in the Marina Bay Community with resort style amenities including swim, fitness center, and private marina. Enjoy the comfort of a screened in back porch with an oversized sun deck. Spacious kitchen with white cabinets, granite, and tile backsplash. The master has a separate reading nook with a newly remodeled master bath. Vaulted 2 story great room with overlooking catwalk. 3 bedrooms upstairs includes and large guest suite with private bath. The full basement has a finished recreation and craft room with access to the lower level patio area. Picture Perfect North Georgia Beauty is a MUST SEE!

Last Listed By

Amy Scott

Chris McCall Realty, LLC License #400118 Listed on: 02/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,543

Year Built

  • Built in 2004

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 94x288x139x302
  • Property fronts a private road
  • Landscaped
  • Wooded Lot
  • Back and Front Yard

HOA Fees

  • $188 Monthly HOA Fees

Parking

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

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 4,576 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Plantation Shutters
  • Two Story Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Screened Porch
  • Home Gym
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 367
  • Assessor Parcel Number 10016 000057

Community Details

Overview

  • $2,250 Swim or Tennis Fee
  • $1,800 Initiation Fee
  • Marina Bay Community Association, Phone Number (770) 271-2252
  • Secondary HOA Phone (770) 271-2252
  • Marina Bay Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,543

Year Built

Built in 2004

Lot Details

0

HOA Fees

$188 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Partial
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Game Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4576.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition, Shingle
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch, Patio, Rear Porch, Screened

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Security Gate, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Security, Swim/Tennis
  • Community Features: Clubhouse, Community Dock, Fitness Center, Gated, Homeowners Assoc, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 2250
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee: 2250
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 770-271-2252
  • Home Warranty: Yes
  • Management Company Email: Seth@shabenmgt.com
  • Management Phone: 770-271-2252
  • Subdivision Complex: Marina Bay

Association/Amenities

  • Management Company: Marina Bay Community

Schools

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

Lot Info

  • Acres: 0.8000
  • Lot: 367
  • Land/Lot: 16
  • Deed Book: 6718
  • Deed Page: 613-6
  • Plat Book: 839
  • Plat Page: 245-2
  • Lot Features: Back Yard, Front Yard, Landscaped, Wooded
  • Lot Dimensions: 94x288x139x302
  • Parcel Number: 10016 000057
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1800

Tax Info

  • Taxes: 4543.00
  • Assessor Parcel Number: 10-00016-00-057
  • Close Date: 2020-06-15
  • Tax Year: 2018

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
Feb 20, 2020
Closed on
Jun 15, 2020
Sold by
Brown Craig
Bought by
Youtsey James Scott and Youtsey Colleen Marie
Seller's Agent
Amy Scott
Chris McCall Realty, LLC
Buyer's Agent
Chris McCall
Chris McCall Realty, LLC
List Price
$524,900
Sold Price
$447,000
Premium/Discount to List
-$77,900
-14.84%
Total Days on Market
75
Current Estimated Value
$836,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,147
Avg. Annual Appreciation
13.07%
Original Mortgage
$424,650
Outstanding Balance
$384,626
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$434,578

Purchase Details

Closed on
Jun 1, 2010
Sold by
Homebanc Mtg Trust 2005-4
Bought by
Brown Craig and Brown Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,345
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2009
Sold by
Mccaskill Scott and Mccaskill Beth A
Bought by
Homebanc Mortgage Trust 2005-4

Purchase Details

Closed on
Jun 10, 2005
Sold by
Mccaskill Scott
Bought by
Mccaskill Scott and Mccaskill Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,900
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2004
Sold by
Cool Springs Llc
Bought by
Southeastern General Inc

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
Youtsey James Scott $447,000 --
Brown Craig $275,000 --
Homebanc Mortgage Trust 2005-4 -- --
Us Bank National Association As Inden $535,900 --
Mccaskill Scott -- --
Mccaskill Scott $535,900 --
Southeastern General Inc $488,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youtsey James Scott $50,000
Open Youtsey James Scott $424,650
Previous Owner Craig $244,800
Previous Owner Brown Craig $271,345
Previous Owner Gooch Bradley T $127,085
Previous Owner Mccaskill Scott $535,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $447,000 -0.6% $98 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/03/2020 05/03/20 Price Changed $449,900 -5.3% $98 / Sq Ft
04/24/2020 04/24/20 Price Changed $474,900 -2.1% $104 / Sq Ft
03/20/2020 03/20/20 Price Changed $484,900 -3.0% $106 / Sq Ft
03/03/2020 03/03/20 Price Changed $499,900 -4.8% $109 / Sq Ft
02/20/2020 02/20/20 For Sale $524,900 -- $115 / Sq Ft
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 $7,442 $300,560 $64,360 $236,200
2023 $6,530 $279,440 $43,000 $236,440
2022 $6,155 $238,320 $41,760 $196,560
2021 $4,710 $188,680 $28,000 $160,680
2020 $5,324 $196,440 $20,000 $176,440
2019 $5,323 $187,520 $46,400 $141,120
2018 $4,543 $160,720 $26,960 $133,760
2017 $4,179 $149,360 $26,960 $122,400
2016 $4,316 $158,120 $35,720 $122,400
2015 $4,387 $159,440 $35,720 $123,720
2014 $4,387 $159,440 $35,720 $123,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6683782

First Multiple Listing Service (FMLS)

APN: 10-00016-00-057