Seller's Agent in 2020
Susan Verlander
Marina Bay Properties, LLC.
(404) 542-3211
46 in this area
49 Total Sales
7039 Hammock Trail Gainesville, GA 30506
Estimated Value: $672,378 - $805,000
3
Beds
2
Baths
2,203
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- Marina
- Boat Dock
- Open-Concept Dining Room
- Lake Front
- Fitness Center
- Separate his and hers bathrooms
About This Home
As of June 2020Newest neighborhood in Marina Bay! This plan is The Serenity, a fabulous 1 story split ranch on slab! 2300 sf, Large open concept great room and dining area & kitchen. Huge walk-in closets in master suite and large courtyard entry garage with room for golf cart. A boat slip can be purchased for $50k. Other level lots available in Marina Bay to build the Serenity plan. Some have views of lake or mountains. Two story plans with master on main are The Purity 2650 sf with Master on Main, 2 guest bdrms in terrace. Large decks overlooking Conservation easement. Third plan, The Tranquility has 3300+ sf with master and 2nd bdrm on main and 2 on terrace level. Open concept with large dining, great room and kitchen with 9' island. 2nd main level bedroom could be office or formal dining room. High end finishes and an easy to alter plan to suit buyers needs on any lot in Marina Bay. Large garage with extra space for storage. Tons of unfinished area in terrace that could be game room, additional office, workshop or bedrooms. We have the solution for buyers who want lake living under the 500k price range and enjoy low maintenance living as well as an active social calendar and outdoor activities with sidewalks on each homesite and soft walkable topo rarely found in lake communities plus gated for easy low traffic privacy keeping roads quiet with most being curved streets and cul de sacs. Marina Bay is the timeless Buckhead style community on Lake Lanier and Atlantans are starting to realize what a value we are - 35 transactions in 2019 with two over the $1mm mark. Prices will continue to rise so getting in early is best for buyers wanting a great value in a very exclusive Luxury Lake Community. Neighbors welcome new families.
Last Agent to Sell the Property
Marina Bay Properties, LLC. License #254041 Listed on: 02/25/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 2020 | Under Construction
Lot Details
- 0.29 Acre Lot
- Lake Front
- Property fronts a private road
- Corner Lot
- Garden
HOA Fees
- $217 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway Level
Home Design
- Craftsman Architecture
- Farmhouse Style Home
- Shingle Roof
- Composition Roof
- Cement Siding
Interior Spaces
- 2,203 Sq Ft Home
- 1-Story Property
- Ceiling height of 10 feet on the main level
- Ceiling Fan
- Fireplace With Gas Starter
- Family Room with Fireplace
- Open-Concept Dining Room
- Home Office
- Computer Room
- Lake Views
- Fire and Smoke Detector
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- White Kitchen Cabinets
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Oversized primary bedroom
- 3 Main Level Bedrooms
- Split Bedroom Floorplan
- Dual Closets
- Walk-In Closet
- Separate his and hers bathrooms
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Shower Only
Laundry
- Laundry Room
- Laundry in Hall
- Laundry on main level
Outdoor Features
- Front Porch
Schools
- Sardis Elementary School
- Chestatee Middle School
- Chestatee High School
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Heating System Uses Natural Gas
- Underground Utilities
- 220 Volts
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 844
- Assessor Parcel Number 10017 000194
Community Details
Overview
- $1,800 Initiation Fee
- Shaben&Associates Association, Phone Number (770) 271-2252
- Marina Bay Subdivision
- Rental Restrictions
- Community Lake
Recreation
- Boat Dock
- Marina
- Swim or tennis dues are required
- Fitness Center
- Community Pool
- Park
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2020
Closed on
Jun 19, 2020
Sold by
Beltan Properties Inc
Bought by
Wilson Wayne and Wilson Suzanne
Seller's Agent
Susan Verlander
Marina Bay Properties, LLC.
Buyer's Agent
Bill Moe
Keller Williams Realty Atlanta Partners
List Price
$429,900
Sold Price
$441,500
Premium/Discount to List
$11,600
2.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,345
Avg. Annual Appreciation
9.67%
Original Mortgage
$353,200
Outstanding Balance
$311,698
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$427,147
Purchase Details
Closed on
Dec 12, 2018
Sold by
Cool Springs Llc
Bought by
Beltan Properties Inc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilson Wayne | $441,500 | -- | |
| Beltan Properties Inc | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilson Wayne | $353,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/19/2020 06/19/20 | Sold | $441,500 | +2.7% | $200 / Sq Ft |
| 04/14/2020 04/14/20 | Pending | -- | -- | -- |
| 02/25/2020 02/25/20 | For Sale | $429,900 | -- | $195 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 | $6,850 | $283,080 | $34,000 | $249,080 |
| 2024 | $6,583 | $260,200 | $39,400 | $220,800 |
| 2023 | $5,172 | $202,800 | $30,000 | $172,800 |
| 2022 | $4,687 | $175,720 | $34,000 | $141,720 |
| 2021 | $4,488 | $164,800 | $34,000 | $130,800 |
| 2020 | $2,161 | $73,840 | $20,000 | $53,840 |
| 2019 | $375 | $23,120 | $23,120 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Verlander
-
Bill Moe
Buyer's Agent in 2020
Bill Moe
Keller Williams Realty Atlanta Partners
(770) 476-2392
16 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 6680622
APN: 10-00017-00-194
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