NOT LISTED FOR SALE

8825 Covestone Dr Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $381,256 - $417,000

4 Beds
2 Baths
1,561 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $212,000 $136 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,377/month

Highlights

  • Open-Concept Dining Room
  • Deck
  • Cathedral Ceiling
  • Chestatee Elementary School Rated A-
  • Ranch Style House
  • Wood Flooring

About This Home

As of November 2019

Adorable ranch on full basement - eligible for USDA 100% financing; cul-de-sac lot; private, wooded backyard; new carpet in bedrooms; laminate hardwoods in family room, dining room and basement; fresh neutral paint; new SS appliances; refrigerator to remain; two finished rooms in basement - den and bedroom; plenty of storage, workbench and a garage door in unfinished portion of basement. Convenient to Cumming, Gainesville and Dawsonville, minutes from Lake Lanier boat ramp, and no HOA

Last Agent to Sell the Property

Bonnie Brawley

NOT A VALID MEMBER License #348311 Listed on: 08/13/2019

Last Buyer's Agent

David Nabors

NaborsNorris Real Estate LLC License #263037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 2004

Lot Details

  • 0.86 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Sloped Lot
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,561 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry in Hall

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Finished Basement

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

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

  • Bayhill Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / III
  • Assessor Parcel Number 316 291

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,195

Year Built

Built in 2004

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: 2004
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets Stain, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 1561.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

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

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Faces Front, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: In Hall
  • Utilities: Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: Bayhill Estates

Schools

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

Lot Info

  • Acres: 0.8600
  • Lot: 21
  • Land/Lot: 1319
  • Section G M D: 1st
  • Plat Book: 79
  • Plat Page: 181
  • Lot Features: Cul-De-Sac, Front Yard, Sloped
  • Lot Dimensions: x
  • Parcel Number: 316 291
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2195.00
  • Assessor Parcel Number: 316-000-291
  • Close Date: 2019-11-22
  • Tax Year: 2018

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
Aug 13, 2019
Closed on
Nov 22, 2019
Sold by
Bbz Enterprises Llc
Bought by
Lynn Jordan Scott
Seller's Agent
Bonnie Brawley
NOT A VALID MEMBER
Buyer's Agent
David Nabors
NaborsNorris Real Estate LLC
List Price
$229,000
Sold Price
$212,000
Premium/Discount to List
-$17,000
-7.42%
Current Estimated Value
$397,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,564
Avg. Annual Appreciation
11.37%
Original Mortgage
$205,640
Outstanding Balance
$180,460
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$217,104

Purchase Details

Closed on
May 7, 2019
Sold by
Wood Richard
Bought by
Bbz Enterprises Llc

Purchase Details

Listed on
Jul 28, 2016
Closed on
Dec 9, 2016
Sold by
Jeffrey E
Bought by
Wood Richard J and Wood Stephanie K
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Lynn Wiese
Virtual Properties Realty.com
List Price
$184,900
Sold Price
$172,000
Premium/Discount to List
-$12,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$175,698
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Closed on
Sep 24, 2004
Sold by
Wolverine Const Inc
Bought by
Hughes K Shea K and Hughes Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,300
Interest Rate
5.5%
Mortgage Type
New Conventional
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
Lynn Jordan Scott $212,000 --
Bbz Enterprises Llc $179,318 --
Wood Richard J $172,000 --
Hughes K Shea K $160,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Jordan Scott $205,640
Previous Owner Wood Richard J $175,698
Previous Owner Martin Jeffrey E $154,631
Previous Owner Hughes Kenyon Shea $137,000
Previous Owner Hughes K Shea K $160,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $212,000 -3.6% $136 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/22/2019 10/22/19 Price Changed $220,000 -2.2% $141 / Sq Ft
08/30/2019 08/30/19 Price Changed $224,900 -1.8% $144 / Sq Ft
08/13/2019 08/13/19 For Sale $229,000 +33.1% $147 / Sq Ft
12/09/2016 12/09/16 Sold $172,000 0.0% $110 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
09/26/2016 09/26/16 Price Changed $172,000 -3.4% $110 / Sq Ft
08/30/2016 08/30/16 Price Changed $178,000 -3.7% $114 / Sq Ft
07/28/2016 07/28/16 For Sale $184,900 +17.4% $118 / Sq Ft
05/26/2015 05/26/15 Sold $157,500 -1.5% $101 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $159,900 -- $102 / 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 $3,337 $146,056 $40,000 $106,056
2024 $3,337 $136,096 $34,000 $102,096
2023 $3,126 $127,008 $21,600 $105,408
2022 $2,719 $89,164 $14,000 $75,164
2021 $2,462 $89,164 $14,000 $75,164
2020 $2,342 $84,800 $13,280 $71,520
2019 $2,471 $89,360 $14,000 $75,360
2018 $2,195 $79,376 $10,000 $69,376
2017 $1,892 $68,188 $8,000 $60,188
2016 $1,713 $61,708 $8,000 $53,708
2015 $1,814 $65,240 $8,000 $57,240
2014 $1,594 $60,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bonnie Brawley

    NOT A VALID MEMBER

  • David Nabors

    Buyer's Agent in 2019

    David Nabors

    NaborsNorris Real Estate LLC

    (770) 329-5570

    28 Total Sales

    David Nabors
    Section Image
  • Mark Spain

    Seller's Agent in 2016

    Mark Spain

    Mark Spain

    (678) 537-8980

    66 in this area

    9,933 Total Sales

    Mark Spain
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Caleb Hiers

    NOT A VALID MEMBER

    Section Image
  • Lynn Wiese

    Buyer's Agent in 2016

    Lynn Wiese

    Virtual Properties Realty

    (404) 391-5139

    9 Total Sales

    Lynn Wiese
    Section Image
  • Barry Slaton

    Seller's Agent in 2015

    Barry Slaton

    Keller Williams Realty Community Partners

    (678) 859-4040

    5 in this area

    91 Total Sales

    Barry Slaton
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6601382

First Multiple Listing Service (FMLS)

APN: 316-291

Georgia Forsyth County Gainesville 30506 Lake Lanier

8825 Covestone Dr, Gainesville, GA

This home is located at 8825 Covestone Dr, Gainesville, GA 30506 since 13 August 2019 and is currently estimated at $397,564, approximately $254 per square foot. This property was built in 2004. 8825 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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