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Hall 30506
5237 Monarch Drive
Listing Courtesy of: Cynthia C Cox, Keller Williams Lanier Partners
$310,000
● House - Off Market

5237 Monarch Drive

Gainesville, GA 30506
bedrooms
4 Beds
bathrooms
0 Bath, 1 Half Bath
square feet
3,023 Ft²
$519,515
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Great buying opportunity! Seller is ready to sign a contract! From this beautiful house on a hill, there are magnificent vistas from the porch!Lot with acreage has the ultimate privacy. This home has a lot of space with two bonus rooms that could be additional bedrooms, if needed! Large basement ready to finish. Sunroom/Greenhouse. Beautiful stained cabinetry and granite countertops in kitchen with island. Close to Lake Lanier, close to boat launch park. Squirrel Creek runs adjacent to property. Must see inside to appreciate the value!
Unit Size
3,023 Ft²
Days on Market
-
Land Size
4.90 acres
Price per sqft
$108
Property Type
House
Property Taxes
$57
HOA Dues
$8
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #5765896)

Price History

Date / Event Date Event Price
Jul 31, 2017 Sold
Premium
Sold
Oct 24, 2016 Listed by Keller Williams Lanier Partners $325,000
Listed by Keller Williams Lanier Partners
Aug 8, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 26
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,005
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 213,488
  • Total Building Area: 3,023
  • Building Area: 3,023
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,023
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CREEKSIDE AT MONARCH RIDGE PH
  • Land Acres: 0000004901
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: CREEKSIDE @ MONARCH RIDGE PT LT 20 PH 2

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 000305

Zoning

  • Zoning: R-I

Geography

  • Account Number: 63907
  • District: 10
  • Subdivision Phase Number: 2
  • Parcel: 10-077A-000-021
  • Lot: 77
  • Municipality: COUNTY
  • Latitude: 34.3907
  • Longitude: -83.8983

    Address

  • Full Address: 5237 Monarch Dr
  • Address - House Number: 5237
  • Address - Street Name: Monarch
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Gainesville
  • Carrier Code: R026
  • 4-Digit Zip Code: 7320
  • Zip Code: 30506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $523,316
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1939
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 552,911
  • High Value: 660,149
  • Low Value: 445,673

    Market Valuation

  • Market Total Value: $493,500
  • Market Land Value: $133,600
  • Market Improvement Value: $359,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,400
  • Assessed Land Value: $53,440
  • Assessed Improvements Value: $143,960

    Sales

  • Current Sale Contract Date: Jul 31, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 2017-005629
  • Previous Sale Recording Date: Aug 08, 2005
  • Previous Sale Contract Date: Jul 27, 2005
  • Previous Sale Amount: $45,000
  • 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:

$429,990

Sale Price/ft²

$196

Above Asking

0.28%

Average Days on Market

80

Average Home Size

2511 ft²

Average Home Age

18.5 years

Currently For Sale

1269 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 3926 Walnut Grove Way, Gainesville, GA, 30506

$2,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,891 ft²
3926 Walnut Grove Way, Gainesville, GA, 30506

Rentals Near You

Click here to view more rentals in the neighborhood.
FMLS

Listed by: Cynthia C Cox, Keller Williams Lanier Partners
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5765896
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.

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Frequently Asked Questions

When was property at 5237 Monarch Drive built and last sold?
The property at 5237 Monarch Drive was built in 2006 and last sold on Jul 31, 2017 for $310,000.
How much is this home worth?
The estimated value of the home located at 5237 Monarch Drive is $0.
What are some comparable homes to 5237 Monarch Drive?
There are currently no comparable homes to 5237 Monarch Drive.
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