RENTED DEC 18, 2025

788 Sherwood Rd Gainesville, GA 30501

Estimated Value: $566,000 - $860,641

5 Beds
5 Baths
5,916 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2025

Last sale price $540,000 $91 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,992 / mo

Highlights

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

About This Home

As of December 2025

• Gorgeous Renovation, 5 bedrooms and 5 full baths, 5,916 sq, ft. on a 1-acre lot. Higher priced homes being built on both sides = future appreciation. • Sublet finished basement = extra income. • Finished Basement (in-law suite) with separate entrance, full kitchen, family room with fireplace, bedroom and full bath = perfect for guest, teens, in-laws or rental income. • 2 Car Garage with extra parking. • Screened porch + new large deck + fenced back yard = Outdoor living goals! • Large open floor plan with features seen in higher priced homes. • Close to everything Gainesville has to offer.

Last Agent to Rent the Property

Mike Cherwenka

Virtual Properties Realty.com License #417172 Listed on: 12/03/2025

Virtual Properties Realty.com

Last Renter's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Woods
  • Neighborhood

Home Design

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

Interior Spaces

  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Brick Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Screened Porch

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • 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
  • Double Vanity
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near 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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • Property is near schools and shops

Listing and Financial Details

  • Security Deposit $3,800
  • Property Available on 12/3/25
  • 12 Month Lease Term
  • Assessor Parcel Number 01113 004009

Community Details

Overview

  • No Home Owners Association
  • Forest Hills Subdivision
  • Community Lake

Recreation

  • Pickleball Courts
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

1.01 Acres

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities
  • Lease Term: 12 Months
  • Pets Allowed: Yes
  • Available Date: 2025-12-03

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1957
  • Accessibility Features: None
  • Above Grade Finished Sq Ft: 3622
  • Water Body Name: Lanier
  • Co List Office Mls Id: VIRT01
  • Subdivision Name: Forest Hills
  • Tax Parcel Letter: 01-00113-04-009
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Luxury Vinyl, Tile
  • Fireplace Features: Basement, Brick, Living Room
  • Other Equipment: None
  • 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
  • Common Walls: No Common Walls
  • Spa Features: None
  • Window Features: Double Pane Windows
  • Below Grade Finished Sq Ft: 2294
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2

Exterior Features

  • Other Structures: None
  • Construction Materials: Brick, Other
  • Fencing: None
  • Patio And Porch Features: Deck, Front Porch, Screened
  • Exterior Features: Private Yard
  • Pool Features: None
  • View: Neighborhood, Trees/Woods
  • Pool Private: No
  • Home Warranty: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front

Utilities

  • 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

Condo/Co-op/Association

  • Community Features: Lake, Near Schools, Near Shopping, Near Trails/Greenway, Park, Pickleball, Playground
  • Association: No

Schools

  • Middle Or Junior School: Gainesville East

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: 500 x 295
  • Parcel Number: 01113 004009
  • Property Attached Yn: No

Multi Family

  • Waterfront Features: None

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Feb 28, 2025
Sold by
Pool Betty F
Bought by
Cherwenka Investments Llc
Seller's Agent
Judi Chandler
Waldrip Real Estate
Buyer's Agent
Mike Cherwenka
Virtual Properties Realty.com
List Price
$595,000
Sold Price
$540,000
Premium/Discount to List
-$55,000
-9.24%
Views
135
Current Estimated Value
$720,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,910
Avg. Annual Appreciation
28.85%
Original Mortgage
$628,678
Interest Rate
6.95%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Oct 15, 1997
Sold by
Pool Leland L
Bought by
Pool Betty F
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
Cherwenka Investments Llc $540,000 --
Pool Betty F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cherwenka Investments Llc $628,678
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2025 12/18/25 Rented $3,800 0.0% --
12/03/2025 12/03/25 For Rent $3,800 0.0% --
02/28/2025 02/28/25 Sold $540,000 -9.2% $161 / Sq Ft View Prior Sale
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)

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 $2,044 $189,760 $105,000 $84,760
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

Agents Affiliated with this Home

  • Mike Cherwenka

    Landlord's Agent in 2025

    Mike Cherwenka

    Virtual Properties Realty.com

    (770) 365-4997

    6 in this area

    97 Total Sales

    Mike Cherwenka
    Section Image
  • Judi Chandler

    Seller's Agent in 2025

    Judi Chandler

    Waldrip Real Estate

    (404) 569-0556

    11 in this area

    61 Total Sales

    Judi Chandler
    Section Image

  • N

    Tenant's Agent in 2025

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7688396

First Multiple Listing Service (FMLS)

APN: 01-00113-04-009

Georgia Hall County Gainesville 30501

788 Sherwood Rd, Gainesville, GA

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