For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Hall 30501
2223 Colonial Drive
Listing Courtesy of: Sheila Davis, The Norton Agency
$586,000
● House - Off Market

2223 Colonial Drive

Gainesville, GA 30501
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,138 Ft²
$877,914
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

You'll love the privacy of this beautiful lake home! Nestled at the end of a cul-de-sac on 3 acres, this Ranch style home on a full finished terrace level offers an open floor plan with 4BR/3BA, a double-sided fireplace into the great room & dining room, spacious master w/spa bath and covered balcony. The terrace level offers a family room and rec room area, separate bedroom, full bath, screened porch, large workshop and abundant storage. Enjoy easy access to deep water from the single slip dock w/party deck w/electricity & steps to the water's edge.
Unit Size
3,138 Ft²
Days on Market
-
Land Size
3.11 acres
Price per sqft
$191
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1997

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (FMLS #6555068)

Price History

Date / Event Date Event Price
Sep 13, 2019 Sold
Premium
Sold
May 17, 2019 Listed by The Norton Agency $599,000
Listed by The Norton Agency
Apr 20, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 5
  • Basement Area: 2,287
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 135,515
  • Lot Size Depth Feet: 3,400
  • Lot Size Frontage Feet: 7,020
  • Total Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,330
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET HEIGHTS
  • Land Acres: 0000003111
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: COLONIAL DRIVE

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 000501

Zoning

  • Zoning: R-I

Geography

  • Account Number: 990
  • District: 001
  • Parcel: 00-095 -001-064D
  • Municipality: COUNTY
  • Latitude: 34.3442
  • Longitude: -83.8234

    Address

  • Full Address: 2223 Colonial Dr
  • Address - House Number: 2223
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Gainesville
  • Carrier Code: C017
  • 4-Digit Zip Code: 1321
  • Zip Code: 30501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $771,202
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 846,958
  • High Value: 1,012,404
  • Low Value: 681,513

    Market Valuation

  • Market Total Value: $747,100
  • Market Land Value: $324,000
  • Market Improvement Value: $423,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,840
  • Assessed Land Value: $129,600
  • Assessed Improvements Value: $169,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-006815
  • Previous Sale Recording Date: Apr 20, 2006
  • Previous Sale Contract Date: Apr 20, 2006
  • Previous Sale Amount: $1,025,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hall

Stats & Trends

Median Asking:

$430,000

Sale Price/ft²

$196

Above Asking

0.28%

Average Days on Market

80

Average Home Size

2556 ft²

Average Home Age

18.6 years

Currently For Sale

1259 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3451 Leisure Lane, Gainesville, GA, 30506

$2,800 /mo

  • 5 Beds
  • 3 Baths
  • 2,762 ft²
3451 Leisure Lane, Gainesville, GA, 30506

Rentals Near You

Click here to view more rentals in the neighborhood.
FMLS

Listed by: Sheila Davis, The Norton Agency
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6555068
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

RH Advisors is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please contact us here.

Frequently Asked Questions

When was property at 2223 Colonial Drive built and last sold?
The property at 2223 Colonial Drive was built in 1997 and last sold on Sep 13, 2019 for $586,000.
How much is this home worth?
The estimated value of the home located at 2223 Colonial Drive is $0.
What are some comparable homes to 2223 Colonial Drive?
There are currently no comparable homes to 2223 Colonial Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Hall Homes for Sale
Hall Houses for Sale
Hall Condos for Sale
Hall Townhouses for Sale
Hall Multifamily for Sale
Hall Land for Sale
Hall Commercial for Sale
Hall Homes with Basements
Nearby Cities
Atlanta Homes for Sale
Sandy Springs Homes for Sale
Roswell Homes for Sale
Johns Creek Homes for Sale
Athens-Clarke County Homes for Sale
Alpharetta Homes for Sale
Milton Homes for Sale
North Atlanta Homes for Sale
Nearby Property Records
Hall County, GA Property Records
Forsyth County, GA Property Records
Dawson County, GA Property Records
Lumpkin County, GA Property Records
Jackson County, GA Property Records
Banks County, GA Property Records
Barrow County, GA Property Records
White County, GA Property Records
Neighborhoods
Midtown Real Estate
North Buckhead Real Estate
Old Fourth Ward Real Estate
Pine Hills Real Estate
Morningside - Lenox Park Real Estate
East Atlanta Real Estate
North Springs Real Estate
Grant Park Real Estate
Nearby Counties
Fulton Homes for Sale
Gwinnett Homes for Sale
DeKalb Homes for Sale
Cherokee Homes for Sale
Forsyth Homes for Sale
Jackson Homes for Sale
Walton Homes for Sale
Barrow Homes for Sale
Top Real Estate Agents
Top Agents in Hall
Top Agents in Fulton
Top Agents in Gwinnett
Top Agents in DeKalb
Top Agents in Atlanta
Top Agents in Cherokee
Top Agents in Forsyth
Top Agents in Jackson