m
Seller's Agent in 2025
mike cherwenka
Virtual Properties Realty.com
(770) 365-4997
92 Total Sales
788 Sherwood Rd Gainesville, GA 30501
5
Beds
3
Baths
3,344
Sq Ft
3.38
Acres
Highlights
- Access To Lake
- Deck
- Wood Flooring
- Community Lake
- Family Room with Fireplace
- Main Floor Primary Bedroom
About This Home
As of February 2025BACK ON MARKET - no fault of sellers Welcome to Gainesville City Living Nestled on the middle of 3 combined wooded lots, this charming 5-bedroom, 3-bathroom home offers a perfect blend of comfort and potential. With 3,344 square feet of living space, this property provides ample room for both relaxation and entertainment. The main level has three bedrooms, including the master bedroom, and two bathrooms. Hardwood floors grace the bedrooms and hallways, adding a touch of elegance to the space. The eat-in kitchen, open to the family room, creates an inviting atmosphere for casual gatherings. For more formal occasions, separate dining and living rooms await your personal touch. Upstairs, two additional bedrooms offer flexibility for growing families or guest accommodations. The unfinished basement presents exciting possibilities for customization, whether you envision a home theater, workshop, or recreational space. A wood-burning fireplace in the basement adds rustic charm and warmth during cooler months. Outdoor enthusiasts will appreciate the screened porch, perfect for enjoying nature without the nuisance of insects. The property's lake access is a rare gem, allowing you to embrace lake living without the hassle of dock maintenance. Recent updates include a newer roof, ensuring peace of mind for years to come. The home features central air conditioning and natural gas heat for year-round comfort, while two gas fireplaces on the main level provide cozy focal points. Conveniently located near Gainesville's amenities, including Wessell Park and Northeast Georgia Medical Center, this property offers a serene retreat with urban conveniences just minutes away. With no HOA restrictions, you're free to make this house truly your own. Don't miss the opportunity to transform this diamond in the rough into your dream home!
Last Agent to Sell the Property
Waldrip Real Estate License #411208 Listed on: 11/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,736
Year Built
- Built in 1957
Home Design
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 3-Story Property
- Gas Log Fireplace
- Fireplace Features Masonry
- Family Room with Fireplace
- 3 Fireplaces
- Formal Dining Room
- Den
- Screened Porch
- Laundry Room
Kitchen
- Oven or Range
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
Unfinished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Parking
- Carport
- Parking Pad
Outdoor Features
- Access To Lake
- No Dock Rights
- Deck
Schools
- Centennial Elementary School
- Gainesville Middle School
- Gainesville High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- 3.38 Acre Lot
- City Lot
Community Details
Overview
- No Home Owners Association
- Forest Hills Subdivision
- Community Lake
Amenities
- Laundry Facilities
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.04%
Original Mortgage
$628,678
Outstanding Balance
$372,013
Interest Rate
6.95%
Mortgage Type
Mortgage Modification
Estimated Equity
$444,429
Purchase Details
Closed on
Oct 15, 1997
Sold by
Pool Leland L
Bought by
Pool Betty F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 |
Source: Georgia MLS
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 |
|---|---|---|---|---|
| 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
-
Judi Chandler
Seller's Agent in 2025
Judi Chandler
Waldrip Real Estate
(404) 569-0556
52 Total Sales
Map
Source: Georgia MLS
MLS Number: 10411261
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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