$869,500
$30K PRICE DROP

788 Sherwood Rd Gainesville, GA 30501

Estimated payment $4,670/month

Total Views 9,563
5 Beds
5 Baths
5,916 Sq Ft
$147 Price per Sq Ft

Highlights

  • Second Kitchen
  • Community Lake
  • Contemporary Architecture
  • View of Trees or Woods
  • Deck
  • Living Room with Fireplace

About This Home

PRICED $55,500 BELOW ATTACHED $925,000 APPRAISAL! GORGEOUS, MODERN LAKE LANIER RENOVATION! 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. 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.

Last Listed By

mike cherwenka

Virtual Properties Realty.com License #417172 Listed on: 05/14/2025

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $676

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 500 x 295
  • Private Yard
  • Back and Front Yard

Property Views

  • Woods
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Brick Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Screened Porch
  • Attic

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • 220 Volts In Laundry

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Carport Spaces
  • Driveway

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 47
  • Assessor Parcel Number 01113 004009

Community Details

Overview

  • Forest Hills Subdivision
  • Community Lake

Recreation

  • Pickleball Courts
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$676

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Year Built: 1957
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 3622.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Luxury Vinyl, Tile
  • Fireplace Features: Basement, Brick, Living Room
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Double Vanity, Recessed Lighting, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Walk-Out Access
  • Kitchen Features: Breakfast Bar, Cabinets White, Kitchen Island, Second Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Attic, Basement, Kitchen
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5916.00
  • Spa Features: None
  • Window Features: Double Pane Windows
  • Below Grade Finished Sq Ft: 2294.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 3
  • Master Bathroom Features: Double Vanity, Soaking Tub

Exterior Features

  • Construction Materials: Brick
  • Roof Type: Composition, Shingle
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Front Porch, Screened
  • Exterior Features: Private Yard
  • View: Neighborhood, Trees/Woods
  • Pool Private: No
  • Foundation: Block

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Parking Features: Carport, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Main Level, Sink
  • Utilities: Cable Available, Electricity Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • Community Features: Lake, Near Schools, Near Shopping, Near Trails/Greenway, Park, Pickleball, Playground
  • Home Warranty: Yes
  • Subdivision Complex: Forest Hills

Schools

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

Lot Info

  • Acres: 1.0100
  • Lot: 47
  • Plat Book: 229
  • Plat Page: 729
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: 500 x 295
  • Parcel Number: 01113 004009
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Lighting
  • Green Energy Generation: None

Tax Info

  • Taxes: 676.00
  • Assessor Parcel Number: 01-00113-04-009
  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $869,500 -1.1% $147 / Sq Ft
05/28/2025 05/28/25 Price Changed $879,500 -2.2% $149 / Sq Ft
05/14/2025 05/14/25 For Sale $899,500 +66.6% $152 / 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
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $628,678 Mortgage Modification
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7575163

First Multiple Listing Service (FMLS)

APN: 01-00113-04-009