NOT LISTED FOR SALE

8945 Private Cove Dr Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $1,115,000 - $1,294,000

5 Beds
5.5 Baths
6,190 Sq Ft
$195/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $780,000 $126 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,963/month

Highlights

  • 120 Feet of Waterfront
  • Boating
  • Fishing
  • Chestatee Elementary School Rated A-
  • In Ground Pool
  • Lake On Lot

About This Home

As of December 2019

Stunning lakefront home built w/ timeless brick & stone on 4 sides. Gorgeous windows showcase fabulous pool & nature lovers’ private backyard. Enjoy kayaking & swimming in beautiful Lake Lanier via 120’ of Corps’ frontage on the back of the lot. In addition to the spacious floor plan, your favorite feature may be the gleaming Brazilian cherry hardwood floors. Sure to be the gathering place for family & friends, the chef’s dream kitchen opens to the keeping room w/ its warm, welcoming fireplace. Every room is over-sized & graced w/ high-end trim & fixtures. Finished terrace level offers a massive game room, workout room, full bath & second living room. There's a convenient outbuilding as well as a boat port (freestanding covered carport but for boats). Property located less than a mile to a public boat ramp, & 5 mins. to Port Royale Marina. Pelican Pete’s, here we come! You’ll love the location in the sought-after Forsyth Co. school district & convenience to all restaurants/shopping/entertainment in Gainesville & Cumming. This can be your dream home - don’t miss it!

Last Agent to Sell the Property

BEVERLY KNIGHT

Keller Williams Lanier Partners License #324127 Listed on: 09/13/2019

Keller Williams Lanier Partners

Last Buyer's Agent

Ashley Ward

Mainstay Brokerage LLC License #373226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,585

Year Built

  • Built in 2006

Lot Details

  • 0.97 Acre Lot
  • 120 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Wrought Iron Fence
  • Back Yard Fenced
  • Landscaped
  • Irrigation Equipment

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • RV or Boat Parking

Home Design

  • Craftsman Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Stone Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 6,190 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Second Story Great Room
  • Formal Dining Room
  • Home Office
  • Computer Room
  • Game Room
  • Keeping Room with Fireplace
  • Home Gym
  • Pull Down Stairs to Attic
  • Security System Owned

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Lake On Lot
  • Deck
  • Outdoor Storage
  • Outbuilding
  • Rear Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • 110 Volts
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 320 020

Community Details

Overview

  • Lakefront Lake Lanier Subdivision
  • Community Lake

Recreation

  • Boating
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,585

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Keeping Room
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Central Vacuum, Disappearing Attic Stairs, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Keeping Room, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Exercise Room, Family Room, Game Room, Great Room - 2 Story, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 6190.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 6
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Other Structures: Outbuilding, RV/Boat Storage
  • Waterfront Frontage: 120
  • Construction Materials: Brick 4 Sides, Stone
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Fencing: Back Yard, Wrought Iron
  • Patio And Porch Features: Deck, Rear Porch, Side Porch
  • Exterior Features: Private Yard, Storage
  • Pool Features: In Ground

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Heat Pump, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Lake
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Lakefront Lake Lanier

Schools

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

Lot Info

  • Acres: 0.9700
  • Deed Book: 4071
  • Deed Page: 176
  • Plat Book: 2
  • Plat Page: 202
  • Lot Features: Lake On Lot, Landscaped, Private
  • Lot Dimensions: x
  • Parcel Number: 320 020
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 6585.00
  • Assessor Parcel Number: 320-000-020
  • Close Date: 2019-12-23
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake, Lake Front

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
Sep 13, 2019
Closed on
Dec 23, 2019
Sold by
Gomez Albeiro M
Bought by
Tepic Nermin
Seller's Agent
BEVERLY KNIGHT
Keller Williams Lanier Partners
Buyer's Agent
Ashley Ward
Mainstay Brokerage LLC
List Price
$800,000
Sold Price
$780,000
Premium/Discount to List
-$20,000
-2.5%
Current Estimated Value
$1,206,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,175
Avg. Annual Appreciation
7.86%
Original Mortgage
$484,350
Outstanding Balance
$427,024
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$779,151

Purchase Details

Closed on
Nov 9, 2018
Sold by
Ruiz Audrey P
Bought by
Gomez Audrey and Gomez Albeiro M

Purchase Details

Closed on
May 20, 2005
Sold by
Reader Elsie R
Bought by
Ruiz Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tepic Nermin $780,000 --
Gomez Audrey -- --
Ruiz Audrey $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tepic Nermin $484,350
Previous Owner Ruiz Audrey $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $780,000 -2.5% $126 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $800,000 -- $129 / 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 $6,521 $452,764 $40,000 $412,764
2024 $6,521 $437,384 $40,000 $397,384
2023 $3,967 $381,304 $34,920 $346,384
2022 $5,886 $302,380 $60,000 $242,380
2021 $5,230 $302,380 $60,000 $242,380
2020 $8,075 $292,436 $60,000 $232,436
2019 $7,280 $263,240 $40,000 $223,240
2018 $6,585 $249,500 $28,800 $220,700
2017 $6,636 $250,732 $28,800 $221,932
2016 $6,636 $250,732 $28,800 $221,932
2015 $6,648 $250,732 $28,800 $221,932
2014 $5,852 $227,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • BEVERLY KNIGHT

    Seller's Agent in 2019

    BEVERLY KNIGHT

    Keller Williams Lanier Partners

    (678) 860-0990

    14 in this area

    129 Total Sales

    BEVERLY KNIGHT
    Section Image

  • A

    Buyer's Agent in 2019

    Ashley Ward

    Mainstay Brokerage LLC

    3 in this area

    23 Total Sales

    Ashley Ward
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6617320

First Multiple Listing Service (FMLS)

APN: 320-020

Georgia Forsyth County Gainesville 30506 Lake Lanier

8945 Private Cove Dr, Gainesville, GA

This home is located at 8945 Private Cove Dr, Gainesville, GA 30506 since 13 September 2019 and is currently estimated at $1,206,175, approximately $194 per square foot. This property was built in 2006. 8945 Private Cove Dr is a home located in Forsyth County with nearby schools including Chestatee Elementary School and Little Mill Middle School.

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