NOT LISTED FOR SALE

8670 Covestone Dr Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $358,000 - $391,000

3 Beds
2 Baths
1,587 Sq Ft
$235/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $289,000 $182 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,233/month

3 Days on Market

Highlights

  • Deck
  • Private Lot
  • Traditional Architecture
  • Chestatee Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of November 2021

Gorgeous 3 bed 2 bath home on .59+- Acres in Forsyth County!! Located minutes from Old Keith Bridge Park, Lake Lanier, and Dawsonville Marketplace. This beautiful home features open floorplan with vaulted ceilings, gorgeous ¾ oak floors throughout, master on main with his and hers walk in closets, double vanity in master bath and tile floors. The guest bedrooms have hardwood floors spacious closets and guest bath with tile floors. The kitchen is spacious with great natural lighting, and stainless-steel appliances that are included. The unfinished basement has a partially finished room, plumbing stubbed for a bath, additional entrance, and plenty of space for an in-law suite or apartment. The oversized garage features 18’ wide garage door (easy ingress egress), room for storage and a fishing boat. This home is very well maintained with water heater installed 2018 and top of the line HVAC in 2016, and leaf guard gutter system. The exterior features large deck with large private yard and room for a garden and kids to play. Great location in top rated school district with the New East Forsyth High School just down the street. This home is a MUST SEE and waiting for a new family!

Last Agent to Sell the Property

Donald Frey

Keller Williams Community Partners License #359833 Listed on: 10/07/2021

Keller Williams Community Partners

Last Buyer's Agent

Taylor Hosemann

Century 21 Results License #405196

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,186

Year Built

  • Built in 2004

Lot Details

  • 0.59 Acre Lot
  • Private Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Garden

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,587 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Great Room
  • Game Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry in Hall

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Convection Oven
  • Microwave
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Basement

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

Parking

  • 2 Car Garage
  • Parking Pad
  • Parking Storage or Cabinetry
  • Side or Rear Entrance to Parking
  • Drive Under Main Level

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Schools

  • Chestatee Primary Elementary School
  • Little Mill Middle School
  • East Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Bayhill Estates Subdivision

Listing and Financial Details

  • Tax Lot 26

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,186

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 14
  • Section: 1
  • Year Built: 2004
  • ArchitecturalStyle: Traditional
  • Financing Type: Conventional 90%
  • GreenEnergyEfficient: Insulation, Thermostat
  • Levels: One
  • Lot Size Acres: .59
  • Property Sub-Type: Single Family Residence
  • Total Finished Area2: 1587
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Convection Oven, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Basement: Concrete, Daylight, Interior Entry, Exterior Entry, Full
  • Total Finished Sq Ft: 1587
  • Above Grade Finished Sq Ft: 1587
  • Interior Amenities: Vaulted Ceiling(s), Double Vanity, Soaking Tub, Pulldown Attic Stairs, Separate Shower, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Area, Country Kitchen
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 182.104

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • ExteriorFeatures: Garden
  • Lot Features: Corner Lot, Level, Open Lot, Private, Sloped
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Basement, Garage, Parking Pad, Side/Rear Entrance, Storage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Central, Forced Air, Heat Pump
  • Laundry Features: In Hall, Laundry Closet
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Chestatee Primary
  • High School: East Forsyth
  • High School Bus: Yes
  • Middle School: Little Mill
  • Middle School Bus: Yes
  • Elementary School: Chestatee Primary
  • Middle School: Little Mill
  • High School: East Forsyth

Lot Info

  • Land Lot: 1319
  • Lot: 26
  • Plat Book: 79
  • Plat Page: 181

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2186.15

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 8, 2021
Sold by
Clark Charles Douglas and Clark Deborah
Bought by
Lane Madeline M and Johnson Sahnen P
Seller's Agent
Donald Frey
Keller Williams Community Partners
Buyer's Agent
Taylor Hosemann
Century 21 Results
List Price
$298,000
Sold Price
$289,000
Premium/Discount to List
-$9,000
-3.02%
Current Estimated Value
$373,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,649
Avg. Annual Appreciation
6.00%
Original Mortgage
$283,100
Outstanding Balance
$258,280
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$115,369

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 6, 2017
Sold by
Wallis Judy
Bought by
Clark Charles Douglas and Clark Deborah
Seller's Agent
Lesa Cope
NOT A VALID MEMBER
Buyer's Agent
Donald Frey
Keller Williams Realty Community Partners
List Price
$178,500
Sold Price
$187,000
Premium/Discount to List
$8,500
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$120,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2014
Sold by
Newman Jon R
Bought by
Wallis Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Wolverine Const Inc
Bought by
Newman Jon R and Newman Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2002
Sold by
Mtg Electronic Regis Sys Inc
Bought by
Dlj Mtg Capital Inc
Source: Public Records

Range of Values:

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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
Lane Madeline M -- None Listed On Document
Lane Madeline M -- None Listed On Document
Lane Madeline M $298,000 --
Clark Charles Douglas $187,000 --
Wallis Judy $146,500 --
Newman Jon R $140,000 --
Dlj Mtg Capital Inc -- --
Mtg Electronic Regis Sys Inc $450,074 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Madeline M $283,100
Closed Lane Madeline M $283,100
Previous Owner Clark Charles Douglas $120,000
Previous Owner Wallis Judy $131,500
Previous Owner Newman Jon R $122,829
Previous Owner Newman Jon R $129,500
Previous Owner Newman Jon R $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $289,000 -3.0% $182 / Sq Ft
11/08/2021 11/08/21 Sold $298,000 0.0% $188 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/10/2021 10/10/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $298,000 0.0% $188 / Sq Ft
10/07/2021 10/07/21 For Sale $298,000 +59.4% $188 / Sq Ft
03/06/2017 03/06/17 Sold $187,000 +4.8% $143 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $178,500 -- $136 / Sq Ft
Source: Georgia MLS

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 $3,116 $136,672 $40,000 $96,672
2024 $3,116 $127,052 $34,000 $93,052
2023 $2,887 $117,292 $21,600 $95,692
2022 $2,495 $82,004 $14,000 $68,004
2021 $2,264 $82,004 $14,000 $68,004
2020 $2,186 $79,168 $14,000 $65,168
2019 $2,155 $77,932 $14,000 $63,932
2018 $1,874 $67,776 $10,000 $57,776
2017 $377 $55,588 $8,000 $47,588
2016 $1,439 $55,588 $8,000 $47,588
2015 $1,441 $55,588 $8,000 $47,588
2014 $1,316 $53,088 $8,000 $45,088
Source: Public Records

Agents Affiliated with this Home

  • Donald Frey

    Seller's Agent in 2021

    Donald Frey

    Keller Williams Community Partners

    (678) 386-7108

    22 in this area

    82 Total Sales

    Donald Frey
    Section Image
  • Taylor Hosemann

    Buyer's Agent in 2021

    Taylor Hosemann

    Century 21 Results

    (404) 435-3125

    8 in this area

    40 Total Sales

    Taylor Hosemann
    Section Image

  • L

    Seller's Agent in 2017

    Lesa Cope

    NOT A VALID MEMBER

    Section Image
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Map

Source: Georgia MLS

MLS Number: 9063472

Georgia MLS

APN: 316-296

Georgia Forsyth County Gainesville 30506 Lake Lanier

8670 Covestone Dr, Gainesville, GA

This home is located at 8670 Covestone Dr, Gainesville, GA 30506 since 07 October 2021 and is currently estimated at $373,649, approximately $235 per square foot. This property was built in 2004. 8670 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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