$795,500
$4K PRICE DROP

788 Sherwood Rd Gainesville, GA 30501

Estimated payment $4,273/month

Total Views 4,232
5 Beds
5 Baths
5,916 Sq Ft
$134 Price per Sq Ft

Highlights

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

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 $129,500 BELOW ATTACHED $925,000 APPRAISAL! $5,000 TOWARDS BUYER RATE BUY-DOWN!

Listing Agent

mike cherwenka

Virtual Properties Realty.com License #417172 Listed on: 08/20/2025

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

Parking

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

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

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

Parking

2

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

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

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

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
  • 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 List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 Price Changed $795,500 -0.3% $134 / Sq Ft
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 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)

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

Source: First Multiple Listing Service (FMLS)

MLS Number: 7635644

First Multiple Listing Service (FMLS)

APN: 01-00113-04-009