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$425,000

Beds
4
Baths
3.5
sq ft
2,440

5720 Ridgewater Dr, Gainesville, GA 30506

5720 Ridgewater Dr

Gainesville, GA 30506

  • 42 days on market
    • Price drop $10,000↓
Get ready to call this house your next home or investment property! Located in the sought-after Ridgewater on Lanier. The main level details a kitchen, dining room, family room, sunroom, half bath, and laundry room. Upstairs boasts a primary suite, 2 secondary bedrooms, and 2 full baths. Downstairs features an additional bedroom/bonus room with a full bath. Large deck overlooks the wooded backyard that has seasonal lake views. Neighborhood has a community pool and community dock. Easy access to GA-400 and all Lake Lanier has to offer. The seller is leaving behind the kitchen appliances. Get your offers in today!

Details

Property type

Single Family Residence

Est. home value

$392,637

Lot size

0.63 acres

Price per sq ft

$175

Year built

1988

Annual property taxes

$2,548

Monthly HOA fee

$41.67

Price History

10/25/2024
FMLS

FMLS #7469153

Price change
$425,000
-2.3%
10/10/2024
FMLS

FMLS #7469153

Listed
$435,000
+89.13%
12/21/2020
FMLS

FMLS #6794573

Sold
$230,000

Schools & Community

Elementary school: 

Lanier

Middle school: 

Chestatee

High school: 

Chestatee

Community features: 

Pool

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

United Wholesale

Loan start date

December 2020

Original loan amount

$172,500

Est. remaining balance

$157,258

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Denise F Bennett

Lender

United Wholesale

Loan start date

December 2020

Original loan amount

$172,500

Est. remaining balance

$157,258

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Denise F Bennett

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: 11/21/2024 at 11:30 PM

Listing updated: 10/25/2024 at 6:00 PM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7469153

FMLS logo

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