NOT LISTED FOR SALE

1081 Lakemont Dr Gainesville, GA 30501

Estimated Value: $636,000 - $707,000

4 Beds
3 Baths
3,080 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $665,423 $216 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,860/month

132 Days on Market

Highlights

  • Marina
  • Floating Dock
  • RV or Boat Storage in Community
  • Lake Front
  • Second Kitchen
  • Community Lake

About This Home

As of October 2024

Welcome to your lakeside paradise on beautiful Lake Lanier! This charming completely updated ranch home offers the perfect combination of comfort, convenience, and breathtaking views. Situated on the shores of Lake Lanier, this home boasts three spacious bedrooms and two full baths on the main level, providing plenty of room for family and guests. The open-concept living area features large windows that flood the space with natural light and offer stunning views around Lake Lanier. Completely fenced in backyard and private oversized cul-de-sac lot. Step outside onto the dock, where you can sip your morning coffee while taking in the sights and sounds of the lake. Just steps away, your private boat dock awaits, providing easy access to endless hours of water recreation and relaxation. The seller has been granted a shore permit to update, upgrade and enlarge the swimming dock to a 18x32 side entry boat slip with water and power installed. But the beauty doesn't end there Co downstairs, you'll find a fully finished basement complete with another updated kitchen, perfect for hosting gatherings or accommodating extended family. Additionally, the basement features a cozy bedroom and a full bath, offering privacy and comfort for overnight guests. Whether you're enjoying a leisurely afternoon on the water or gathering with loved ones for a barbecue on the patio or boat dock, this lakefront retreat offers endless opportunities for enjoyment and relaxation. Don't miss your chance to experience the magic of Lake Lanier living Co schedule a showing today and make this your new home sweet home!

Last Agent to Sell the Property

Chris Johnson

Atlanta Communities License #361027 Listed on: 05/04/2024

Atlanta Communities

Last Buyer's Agent

Judy Paul

Keller Williams Lanier Partners License #338743

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 1960

Lot Details

  • 0.63 Acre Lot
  • Lake Front
  • Property borders a national or state park
  • Cul-De-Sac
  • Kennel or Dog Run
  • Chain Link Fence
  • Private Lot
  • Corner Lot
  • Partially Wooded Lot
  • Grass Covered Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Ranch Style House
  • Bungalow
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • Rear Stairs
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Bonus Room
  • Home Gym
  • Storm Windows

Kitchen

  • Second Kitchen
  • Breakfast Room
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Carport
  • Drive Under Main Level

Outdoor Features

  • Access To Lake
  • Army Corps Of Engineers Controlled
  • Floating Dock
  • Dock Rights
  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Location

  • Property is near schools
  • Property is near shops

Schools

  • Centennial Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / F

Community Details

Overview

  • No Home Owners Association
  • Lakeshore Heights Subdivision
  • Community Lake

Recreation

  • RV or Boat Storage in Community
  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$833

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • ArchitecturalStyle: Brick 3 Side, Bungalow/Cottage, Other, Ranch
  • Electric: 220 Volts
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .63
  • Other Sturctures: Kennel/Dog Run, Outbuilding, Workshop
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3080
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo, Separate Room
  • Basement: Bath Finished, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1540
  • Total Finished Sq Ft: 1540
  • Above Grade Finished Sq Ft: 1540
  • Interior Amenities: Bookcases, High Ceilings, Master On Main Level, Rear Stairs, Split Bedroom Plan
  • Feature Name: LANIER
  • Full Bathrooms: 3
  • Fireplace Features: Basement, Living Room, Masonry
  • Flooring: Carpet, Tile, Vinyl
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room, Kitchen Island, Second Kitchen, Solid Surface Counters
  • Window Features: Double Pane Windows, Storm Window(s)

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick, Wood Siding
  • ExteriorFeatures: Dock, Other
  • Fencing: Chain Link
  • Foundation Details: Block
  • Lot Features: Corner Lot, Cul-De-Sac, Other, Private
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake, Mountain(s)
  • Waterfront Features: Corps of Engineers Control, Dock Rights, Floating Dock, Lake, Lake Access, Swim Dock

Garage/Parking

  • Parking Features: Attached, Basement, Carport
  • ParkingTotal: 4

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat/Camper/Van Prkg, Lake, Marina, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Centennial
  • High School: Gainesville
  • Middle School: Gainesville

Lot Info

  • Lot: 15

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Oct 3, 2024
Sold by
Phillips Vivian Gail Luncef
Bought by
Sanders William B and Sanders Marilou
Seller's Agent
Chris Johnson
Atlanta Communities
Buyer's Agent
Judy Paul
Keller Williams Lanier Partners
List Price
$699,000
Sold Price
$665,423
Premium/Discount to List
-$33,577
-4.8%
Views
118
Current Estimated Value
$680,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,608
Avg. Annual Appreciation
2.20%

Purchase Details

Listed on
Sep 5, 2019
Closed on
Mar 26, 2020
Sold by
Laemont Oaks Llc
Bought by
Phillips Gary Thomas and Phillips Vivian Gail
Seller's Agent
Deborah Hunt
RE/MAX Center
Buyer's Agent
Chris Johnson
Atlanta Communities
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.88%
Original Mortgage
$319,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2019
Sold by
Rule Roger
Bought by
Laemont Oaks Llc

Purchase Details

Closed on
Apr 4, 2017
Bought by
Rule Roger
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
Sanders William B $665,423 --
Phillips Gary Thomas $355,000 --
Laemont Oaks Llc -- --
Rule Roger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Gary Thomas $319,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2024 10/03/24 Sold $665,423 -3.4% $216 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $689,000 -1.4% $224 / Sq Ft
05/04/2024 05/04/24 For Sale $699,000 +96.9% $227 / Sq Ft
03/26/2020 03/26/20 Sold $355,000 -5.3% $141 / Sq Ft View Prior Sale
03/02/2020 03/02/20 Pending -- -- --
09/05/2019 09/05/19 For Sale $375,000 -- $149 / 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 $3,064 $233,584 $95,000 $138,584
2023 $3,110 $225,224 $95,000 $130,224
2022 $948 $201,184 $95,000 $106,184
2021 $739 $145,184 $47,480 $97,704
2020 $3,990 $132,744 $47,480 $85,264
2019 $2,094 $68,624 $47,480 $21,144
2018 $397 $86,368 $49,400 $36,968
2017 $545 $85,288 $49,400 $35,888
2016 $1,072 $83,128 $47,240 $35,888
2015 $679 $78,848 $42,960 $35,888
2014 $679 $78,848 $42,960 $35,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10296763

Georgia MLS

APN: 01-00114-01-021