NOT LISTED FOR SALE

8620 Covestone Dr Gainesville, GA 30506

Estimated Value: $372,000 - $405,659

4 Beds
2.5 Baths
1,647 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $115,000 $70 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $2,298/month

24 Days on Market

Highlights

  • Community Lake
  • Deck
  • Wooded Lot
  • Chestatee Elementary School Rated A
  • Private Lot
  • Traditional Architecture

About This Home

As of October 2012

WELL MAINTAINED HOME W/NEW PAINT,FULL BSMT, LRG PRIVATE WOODED LOT, SPACIOUS KIT OPEN TO FAMILY RM.THIS PROPERTY IS ELIGIBLE UNDER FREDDIE MAC 1ST LOOK INITIATIVE THROUGH 7/11/12. PREQUAL OR POF REQ W/OFFER.

Last Agent to Sell the Property

Joe Williams

Onward Real Estate, LLC. License #257804 Listed on: 06/26/2012

Last Buyer's Agent

Jorge Morejon

The Gates Real Estate Group, Inc. License #305342

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 2004

Lot Details

  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,647 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Zoned Heating and Cooling
  • Air Source Heat Pump
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Bayhill Estates Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 8620CovestoneDR

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,586

Year Built

Built in 2004

Lot Details

0.59 Acres

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Entrance Foyer 2 Story
  • Basement: Daylight, Exterior Entry, Full
  • Kitchen Features: Cabinets Stain, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1647.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Garden

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Lake, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: BAYHILL ESTATES

Lot Info

  • Plat Book: 78
  • Plat Page: 106
  • Lot Features: Private, Sloped, Wooded
  • Lot Dimensions: .590
  • Parcel Number: 8620CovestoneDR
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 1586.00
  • Tax Year: 2010

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2012
Closed on
Oct 12, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mccullough Adam M
Seller's Agent
Joe Williams
Onward Real Estate, LLC.
Buyer's Agent
Jorge Morejon
The Gates Real Estate Group, Inc.
List Price
$124,500
Sold Price
$115,000
Premium/Discount to List
-$9,500
-7.63%
Current Estimated Value
$391,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,165
Avg. Annual Appreciation
9.60%
Original Mortgage
$117,346
Outstanding Balance
$81,602
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$309,563

Purchase Details

Closed on
Jun 5, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 14, 2011
Sold by
Braswell Rashan
Bought by
Braswell Kristen

Purchase Details

Closed on
Jul 30, 2004
Sold by
Wolverine Const Inc
Bought by
Braswell Rashan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,411
Interest Rate
6.24%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mccullough Adam M $115,000 --
Federal Home Loan Mortgage Corporation $131,000 --
Wells Fargo Bank Na $131,000 --
Braswell Kristen -- --
Braswell Rashan $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccullough Adam M $117,346
Previous Owner Braswell Rashan $162,411
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $115,000 -7.6% $70 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $124,500 -- $76 / 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 $3,467 $153,096 $40,000 $113,096
2024 $3,467 $141,400 $34,000 $107,400
2023 $3,150 $127,972 $21,600 $106,372
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joe Williams

    Onward Real Estate, LLC.

    Section Image
  • Jorge Morejon

    Buyer's Agent in 2012

    Jorge Morejon

    The Gates Real Estate Group, Inc.

    (770) 601-2381

    4 in this area

    64 Total Sales

    Jorge Morejon
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5035780

First Multiple Listing Service (FMLS)

APN: 316-271

Georgia Forsyth County Gainesville 30506

8620 Covestone Dr, Gainesville, GA

Not Listed for Sale

Detached

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