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$1,245,000

Beds
3
Baths
2.0
sq ft
1,799

2020 Riverwood Dr, Gainesville, GA 30501

2020 Riverwood Dr

Gainesville, GA 30501

  • 120 days on market
    • Price drop $50,000↓
Completely renovated lakeside retreat with spectacular views. Huge peninsula to open water, low corps line, largest dock allowed, water depth (27 +/- ft at end of dock), gentle topography, privacy, perfect location, great neighborhood, close to great new shopping and restaurants, large .92 acre lot, fully rip rapped shoreline with a sandy beach at lower water levels. The Corps line is at 1085msl; you own out onto and around the peninsula; perfect for your new pool, pavilion, or outdoor living area with the lake on 3 sides. Included on this pristine lake lot, is this 3 bedroom, 2 bathroom lake home completely renovated with a gorgeous living area, all new flooring, fireplace, brand new screened porch, perfect large deck for entertaining, 2-car garage, and a lower level recreation/storage room. Plenty of room to expand and/or add a 4th bedroom! Beautiful aluminum 32 x 32 Martin Dock, huge upper party deck, covered patio area, IPE ironwood decking, 6600lb boat lift, jet ski port. Gorgeous Moon and Sun rise! Enjoy the annual July 4th fireworks celebration from your deck and dock. Nearby amenities include the Atlanta Botanical Gardens and Olympic Park Venue which provide concerts and events. A few minutes to historic Gainesville Square, which makes for the perfect Lakeside rental or forever home on the lake! The home is currently listed and rented as a short-term rental, owners will sell unfurnished or are willing to sell furnished.

Details

Property type

Single Family Residence

Est. home value

$900,708

Property condition

Updated/Remodeled

Lot size

0.90 acres

Price per sq ft

$693

Year built

1979

Annual property taxes

$8,561

HOA

Yes

Price History

04/15/2024
FMLS

FMLS #7347970

Price change
$1,245,000
-3.86%
03/05/2024
FMLS

FMLS #7347970

Listed
$1,295,000
+50.58%
08/30/2022
FMLS

FMLS #7058626

Sold
$860,000
+68.63%

Schools & Community

Elementary school: 

Riverbend

Middle school: 

North Hall

High school: 

North Hall

Community features: 

Fishing, Lake

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Nationwide Mortgage Corp

Loan start date

January 2002

Original loan amount

$177,000

Est. remaining balance

Not provided

Interest rate

5.5%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Luther D Simpson

Lender

First Nationwide Mortgage Corp

Loan start date

January 2002

Original loan amount

$177,000

Est. remaining balance

Not provided

Interest rate

5.5%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Luther D Simpson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/03/2024 at 1:25 PM

Listing updated: 04/17/2024 at 2:35 AM

Listed by: Kathryn B Hastings, Bella Realty Group, Inc. Phone #: (404) 697-3225

MLS: FMLS #7347970

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