788 Sherwood Rd Gainesville, GA 30501
Estimated payment $4,417/month
Highlights
- Community Lake
- Private Lot
- 2 Fireplaces
- Contemporary Architecture
- Wood Flooring
- No HOA
About This Home
SEXY, MODERN LAKE LANIER RENOVATION! NEW 2 CAR GARAGE! OPEN CONCEPT floor plan welcomes you into the spacious living room with a cozy fireplace and statement wall. Enjoy the Chef's kitchen surrounded by new white cabinets with glass to show off serveware and dishes, a large island with breakfast bar, quartz countertops, classic subway tile backsplash with black accent, and top of the line stainless steel appliance package including a French 4-door fridge and drawer microwave. Relax in your oversized primary bedroom retreat with a feature wall and a walk-in closet with custom shelving. This impressive ensuite primary bathroom with double vanities showcases an oversized marble-tiled shower with a shower panel system and soaking tub. Upstairs, the third floor features a large flex attic space. Downstairs in the fully finished basement you'll find a well appointed secondary kitchen with stainless appliances and full bathroom. Outside, discover the 1 acre lot with new spacious deck, screened in patio and private backyard perfect for entertaining, playing, or relaxing. New 2 car garage provides secure parking out of the elements, additional storage and has a driveway turn-around area. Only half a mile from Wessell Park, featuring pickleball, tennis & basketball courts, a playground, and a rentable pavilion. Home is less than 10 minutes from vibrant downtown Gainesville Square, with many shopping and dining opportunities. This home also offers convenient access to I-985, the University of North Georgia, the Atlanta Botanical Garden, Gainesville campus, Lake Lanier, Olympic Park and Margaritaville featuring water parks and family fun. INSTANT EQUITY! PRICED $127,300 BELOW ATTACHED $925,000 APPRAISAL! $5,000 TOWARDS BUYER RATE BUY-DOWN!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,455
Year Built
- Built in 1957 | Remodeled
Lot Details
- 1.01 Acre Lot
- Private Lot
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Tray Ceiling
- Ceiling Fan
- 2 Fireplaces
- Formal Dining Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Double Vanity
- Soaking Tub
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Finished Basement Bathroom
- Natural lighting in basement
Parking
- Garage
- Garage Door Opener
Schools
- Centennial Elementary School
- Gainesville Middle School
- Gainesville High School
Utilities
- Central Heating and Cooling System
- Phone Available
- Cable TV Available
Community Details
Overview
- No Home Owners Association
- Forest Hills Subdivision
- Community Lake
Recreation
- Community Playground
- Park
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,356 | $179,760 | $104,120 | $75,640 |
| 2023 | $2,186 | $158,480 | $83,120 | $75,360 |
| 2022 | $676 | $145,360 | $82,040 | $63,320 |
| 2021 | $677 | $132,080 | $65,600 | $66,480 |
| 2020 | $1,696 | $126,200 | $65,600 | $60,600 |
| 2019 | $1,752 | $126,200 | $65,600 | $60,600 |
| 2018 | $737 | $151,440 | $86,240 | $65,200 |
| 2017 | $810 | $122,880 | $57,480 | $65,400 |
| 2016 | $1,606 | $122,880 | $57,480 | $65,400 |
| 2015 | $1,074 | $122,880 | $57,480 | $65,400 |
| 2014 | $1,074 | $145,720 | $67,640 | $78,080 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Price Changed | $797,700 | -0.1% | $135 / Sq Ft |
| 09/03/2025 09/03/25 | Price Changed | $798,800 | -0.1% | $135 / Sq Ft |
| 08/20/2025 08/20/25 | For Sale | $799,500 | +48.1% | $135 / Sq Ft |
| 02/28/2025 02/28/25 | Sold | $540,000 | -9.2% | $161 / Sq Ft |
| 01/28/2025 01/28/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $595,000 | 0.0% | $178 / Sq Ft |
| 01/03/2025 01/03/25 | Pending | -- | -- | -- |
| 11/11/2024 11/11/24 | For Sale | $595,000 | -- | $178 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $540,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $628,678 | Mortgage Modification |
Source: Georgia MLS
MLS Number: 10587971
APN: 01-00113-04-009
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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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