NOT LISTED FOR SALE

8975 Knoll Dr Gainesville, GA 30506

Estimated Value: $809,000 - $992,747

4 Beds
4 Baths
1,974 Sq Ft
$455/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $562,500 $285 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,444/month

Highlights

  • 115 Feet of Waterfront
  • Covered dock with two slips
  • Open-Concept Dining Room
  • Chestatee Elementary School Rated A-
  • Boating
  • Fishing

About This Home

As of September 2020

Awesome lake cabin in the beautiful and sought-after Chestatee Bay area of Lake Lanier. Tucked just off big water into a protected wide cove area. Private 32'x32' double slip dock with full party deck in drought-proof water! The long private drive off the quiet culdesac leads to the charming rustic house. Great open concept plan with brick fireplace, walls of windows overlooking the deck and lake, and a newer vaulted and spacious three seasons porch with tongue and groove ceiling and hardwood floors. Master suite and guest room on the main level. Rec Room with two bedrooms and 1 and 1/2 jack and jill bath on lower level along with great storage area. Fantastic location by land or by water! Easy access to lakefront dining and entertainment! This is part of a hard to find double lot offering. Purchase this property alone or combine it with the beautifully wooded .63 acre lot listed separately for $145,000 (FMLS #6758246) to create a 1.26 acre private lakefront estate. Live in existing house while you build your dream home on adjoining lot close to water! Then this house can become a guest house or income producing property!

Last Agent to Sell the Property

Jill Baugus

Lake Homes Realty, LLC. License #136212 Listed on: 07/27/2020

Lake Homes Realty, LLC.

Last Buyer's Agent

Nikki Bonds

Keller Williams Realty Atlanta Partners License #339157

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1978

Lot Details

  • 0.63 Acre Lot
  • 115 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Cul-De-Sac
  • Private Entrance
  • Sloped Lot
  • Back and Front Yard

Home Design

  • Rustic Architecture
  • Cabin
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Game Room
  • Workshop
  • Sun or Florida Room
  • Lake Views

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan

Laundry

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

Finished Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Accessed On Kitchen Level
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • Party Deck
  • Waterfront Lights
  • Covered dock with two slips
  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Dehumidifier
  • Heating System Uses Natural Gas
  • 110 Volts
  • Private Water Source
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 317 005

Community Details

Overview

  • Lake Lanier Lakefront Subdivision
  • Community Lake

Recreation

  • Boating
  • Powered Boats Allowed
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,600

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Rustic
  • Property Condition: Resale
  • Year Built: 1978
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Other Equipment: Dehumidifier
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: High Speed Internet
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Finished Bath, Interior Entry
  • Kitchen Features: Cabinets Stain, Kitchen Island, Laminate Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Living Room, Sun Room, Workshop
  • Dining Room Features: Great Room, Open Concept
  • Square Footage: 1974.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Lower Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Waterfront Frontage: 115
  • Construction Materials: Frame
  • Roof Type: Composition, Shingle
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Front Porch, Glass Enclosed, Rear Porch
  • Exterior Features: Gas Grill, Private Front Entry
  • View: Lake

Garage/Parking

  • Parking Features: Driveway, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Whole House Fan
  • Heating: Central, Natural Gas
  • Laundry Features: In Bathroom, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Community Features: Boating, Fishing, Lake, Powered Boats Allowed, Street Lights
  • Subdivision Complex: Lake Lanier Lakefront

Schools

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

Lot Info

  • Acres: 0.6300
  • Lot: 9
  • Land/Lot: 1221
  • Section G M D: 1
  • Deed Book: 981
  • Deed Page: 344
  • Plat Book: 14
  • Plat Page: 130
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Sloped
  • Lot Dimensions: 373x115x313x
  • Parcel Number: 317 005
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 4600.00
  • Assessor Parcel Number: 317-000-005
  • Close Date: 2020-09-18
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 18, 2020
Sold by
Greene Kevin C
Bought by
Hoyt David and Hoyt Lori
Seller's Agent
Jill Baugus
Lake Homes Realty, LLC.
Buyer's Agent
Nikki Bonds
Keller Williams Realty Atlanta Partners
List Price
$575,000
Sold Price
$562,500
Premium/Discount to List
-$12,500
-2.17%
Current Estimated Value
$898,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,187
Avg. Annual Appreciation
9.64%
Original Mortgage
$440,000
Outstanding Balance
$305,807
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$592,880
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
Hoyt David $562,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyt David $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $562,500 -2.2% $285 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $575,000 -- $291 / 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 $8,318 $342,512 $200,000 $142,512
2024 $8,318 $339,220 $200,000 $139,220
2023 $7,388 $300,152 $160,000 $140,152
2022 $6,266 $206,960 $110,000 $96,960
2021 $5,715 $206,960 $110,000 $96,960
2020 $4,600 $166,572 $110,000 $56,572
2019 $4,600 $166,352 $110,000 $56,352
2018 $4,250 $153,700 $110,000 $43,700
2017 $3,872 $139,516 $100,000 $39,516
2016 $3,872 $139,516 $100,000 $39,516
2015 $3,320 $119,392 $80,000 $39,392
2014 $3,091 $116,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6758211

First Multiple Listing Service (FMLS)

APN: 317-005