NOT LISTED FOR SALE

8640 Covestone Dr Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $368,000 - $404,000

3 Beds
2 Baths
1,504 Sq Ft
$257/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $262,500 $175 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,349/month

Highlights

  • Barn
  • Open-Concept Dining Room
  • Wooded Lot
  • Chestatee Elementary School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of January 2021

Act fast this wont last. Highly sought after ranch on basement in North Forsyth H.S. with beautiful private cul de sac lot. This home features a fenced in area, covered shelter, and outbuilding great for dogs. Beautiful hardwoods throughout, vaulted ceilings, newer HVAC, finished rec room in the basement. All appliances will stay. Master features an oversized tub, walk in closet, and double vanity. Relax on the oversized deck overlooking a beautiful acre lot with tons of green space and a beautiful wooded area in back.

Last Agent to Sell the Property

Mark Grossi

Meritage Homes Of Georgia Realty, LLC License #366517 Listed on: 12/23/2020

Meritage Homes Of Georgia Realty, LLC

Last Buyer's Agent

CAROLYN GREENE

Greene Real Estate Co. License #321998

Greene Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 2005

Lot Details

  • 0.98 Acre Lot
  • Cul-De-Sac
  • Kennel or Dog Run
  • Wood Fence
  • Wooded Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,504 Sq Ft Home
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Bonus Room
  • Game Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding
  • Front Porch

Schools

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

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • 110 Volts
  • Septic Tank
  • High Speed Internet

Community Details

  • Bayhill Estates Subdivision

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 316 273

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,424

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 2005
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight, Finished, Full
  • Kitchen Features: Breakfast Bar, Cabinets White, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Game Room
  • Dining Room Features: Open Concept
  • Square Footage: 1504.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Barn(s), Kennel/Dog Run, Outbuilding
  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Wood
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Private Yard, Storage
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: In Hall, Main Level
  • Utilities: Electricity Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Bayhill Estates

Schools

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

Lot Info

  • Acres: 0.9800
  • Lot: 79
  • Land/Lot: 1319
  • Section G M D: 14
  • Plat Book: 79
  • Plat Page: 181
  • Lot Features: Cul-De-Sac, Private, Wooded
  • Lot Dimensions: x
  • Parcel Number: 316 273
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2424.00
  • Assessor Parcel Number: 316-000-273
  • Close Date: 2021-01-27
  • Tax Year: 2020

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
Dec 23, 2020
Closed on
Jan 27, 2021
Sold by
Duren John D
Bought by
Bartlett Steven and Walker Marie
Seller's Agent
Mark Grossi
Meritage Homes Of Georgia Realty, LLC
Buyer's Agent
CAROLYN GREENE
Greene Real Estate Co.
List Price
$260,000
Sold Price
$262,500
Premium/Discount to List
$2,500
0.96%
Current Estimated Value
$386,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,250
Avg. Annual Appreciation
8.67%
Original Mortgage
$236,250
Outstanding Balance
$210,933
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$175,817

Purchase Details

Listed on
Jun 8, 2017
Closed on
Sep 1, 2017
Sold by
Freeman Lowell
Bought by
Duren John D and Duren Angela D
Seller's Agent
Missy Taylor
Your NGA Team Realty
Buyer's Agent
Jeff Fountain
NOT A VALID MEMBER
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$205,000
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Closed on
Mar 19, 2009
Sold by
Freeman Lowell
Bought by
Freeman Lowell and Freeman Rebecca D
Source: Public Records

Range of Values:

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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
Bartlett Steven $262,500 --
Duren John D $205,000 --
Freeman Lowell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartlett Steven $236,250
Closed Bartlett Steven $236,250
Previous Owner Duren John D $205,000
Previous Owner Freeman Lowell $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $262,500 +1.0% $175 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/23/2020 12/23/20 For Sale $260,000 +26.8% $173 / Sq Ft
09/01/2017 09/01/17 Sold $205,000 -2.3% $136 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
06/22/2017 06/22/17 Price Changed $209,900 -2.3% $140 / Sq Ft
06/22/2017 06/22/17 For Sale $214,900 0.0% $143 / Sq Ft
06/18/2017 06/18/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $214,900 -- $143 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

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
2025 $3,685 $159,492 $40,000 $119,492
2024 $3,685 $150,284 $34,000 $116,284
2023 $3,465 $140,760 $21,600 $119,160
2022 $2,794 $104,772 $14,000 $90,772
2021 $2,893 $104,772 $14,000 $90,772
2020 $2,424 $87,796 $14,000 $73,796
2019 $2,412 $87,216 $14,000 $73,216
2018 $2,125 $76,832 $10,000 $66,832
2017 $1,681 $63,704 $8,000 $55,704
2016 $1,681 $63,704 $8,000 $55,704
2015 $1,684 $63,704 $8,000 $55,704
2014 $1,477 $59,068 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Grossi

    Seller's Agent in 2021

    Mark Grossi

    Meritage Homes Of Georgia Realty, LLC

    (708) 744-3998

    3 in this area

    62 Total Sales

    Mark Grossi
    Section Image

  • C

    Buyer's Agent in 2021

    CAROLYN GREENE

    Greene Real Estate Co.

    (770) 540-5879

    1 in this area

    34 Total Sales

    CAROLYN GREENE
    Section Image
  • Missy Taylor

    Seller's Agent in 2017

    Missy Taylor

    Your NGA Team Realty

    (404) 907-3594

    14 in this area

    107 Total Sales

    Missy Taylor
    Section Image

  • J

    Buyer's Agent in 2017

    Jeff Fountain

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6821885

First Multiple Listing Service (FMLS)

APN: 316-273

Georgia Forsyth County Gainesville 30506 Lake Lanier

8640 Covestone Dr, Gainesville, GA

This home is located at 8640 Covestone Dr, Gainesville, GA 30506 since 23 December 2020 and is currently estimated at $386,750, approximately $257 per square foot. This property was built in 2005. 8640 Covestone Dr is a home located in Forsyth County with nearby schools including Chestatee Elementary School and Little Mill Middle School.

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