NOT LISTED FOR SALE

3120 Lake Ranch Dr Gainesville, GA 30506

Estimated Value: $368,000 - $384,000

3 Beds
2 Baths
1,731 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $350,000 $202 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,159/month

24 Days on Market

Highlights

  • Lake View
  • Deck
  • Wooded Lot
  • Community Lake
  • Private Lot
  • Ranch Style House

About This Home

As of June 2024

This cozy corner lot ranch home located in Gainesville resides in a quiet Lake Lanier neighborhood, giving you a seasonal view of the lake from the back deck. This charming house offers a spacious living room with cathedral-beamed ceilings and a breathtaking stone chimney. This recently painted home additionally contains ample closets, a double car garage with plenty of room for storage, and is near shopping areas in Gainesville. The seller has recently pressure-washed and painted the back deck. There is no restriction in the HOA, which is optional, giving you access to the community boat ramp. This well-maintained home that was recently professionally cleaned and move-in ready will not disappoint!

Last Agent to Sell the Property

Karina Duarte

RE/MAX Center License #393369 Listed on: 05/01/2024

RE/MAX Center

Last Buyer's Agent

Michelle Stancil

RE/MAX Center License #238262

RE/MAX Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $789

Year Built

  • Built in 1978

Lot Details

  • 0.44 Acre Lot
  • Private Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $6 Monthly HOA Fees

Property Views

  • Lake
  • Seasonal

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,731 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Fireplace Features Masonry
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry in Hall

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Schools

  • Sardis Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Lake Ranch Estates Subdivision
  • Community Lake

Listing and Financial Details

  • Legal Lot and Block 1-A / B

Home Details

Home Type

Single Family

Est. Annual Taxes

$789

Year Built

Built in 1978

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • District: 01
  • Year Built: 1978
  • ArchitecturalStyle: Ranch
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .44
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1731
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1731
  • Above Grade Finished Sq Ft: 1731
  • Interior Amenities: Beamed Ceilings, High Ceilings, Master On Main Level, Split Bedroom Plan
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Living Room, Masonry
  • Flooring: Carpet, Vinyl
  • Kitchen Features: Breakfast Area, Country Kitchen, Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 202.195

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • ExteriorFeatures: Other
  • Lot Features: Corner Lot, Level, Other, Private
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale
  • Roof: Other
  • View: Lake, Seasonal View

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Hot Water
  • Laundry Features: In Hall, Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 75
  • Association: Yes
  • Community Features: Lake, Street Lights

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Sardis
  • High School: Chestatee
  • High School Bus: No
  • Middle School: Chestatee
  • Middle School Bus: Yes
  • Elementary School: Sardis
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Land Lot: 1-A
  • Deed Book: 2048
  • Deed Page: 9

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 789

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 24, 2024
Sold by
Wensell Walton L
Bought by
Cook Abigail L
Seller's Agent
Karina Duarte
RE/MAX Center
Buyer's Agent
Michelle Stancil
RE/MAX Center
List Price
$357,000
Sold Price
$350,000
Premium/Discount to List
-$7,000
-1.96%
Views
98
Current Estimated Value
$378,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,211
Avg. Annual Appreciation
5.71%
Original Mortgage
$315,000
Outstanding Balance
$312,593
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$60,471

Purchase Details

Closed on
Oct 4, 1993
Sold by
Haig Harold E
Bought by
Wensell Walton L and Wensell Peggy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,100
Interest Rate
7.01%
Mortgage Type
VA
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
Cook Abigail L $350,000 --
Wensell Walton L $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Abigail L $315,000
Previous Owner Wensell Walton L $56,550
Previous Owner Wensell Walton L $83,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $350,000 -2.0% $202 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $357,000 -- $206 / 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
2024 $1,118 $133,920 $23,560 $110,360
2023 $971 $106,600 $18,120 $88,480
2022 $891 $97,480 $18,120 $79,360
2021 $743 $76,360 $9,960 $66,400
2020 $726 $72,960 $9,960 $63,000
2019 $700 $68,480 $9,960 $58,520
2018 $653 $62,080 $9,960 $52,120
2017 $1,484 $52,604 $8,320 $44,284
2016 $1,350 $48,924 $4,640 $44,284
2015 $1,360 $48,924 $4,640 $44,284
2014 $1,360 $48,924 $4,640 $44,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10290231

Georgia MLS

APN: 10-00060-00-165