NOT LISTED FOR SALE

3005 Lanier Beach South Rd Cumming, GA 30041

Estimated Value: $1,368,000 - $1,653,000

5 Beds
3.5 Baths
4,297 Sq Ft
$352/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $862,000 $201 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,717/month

10 Days on Market

Highlights

  • Lake Front
  • Covered dock with one slips
  • In Ground Pool
  • Mashburn Elementary School Rated A
  • Deep Water Access
  • Community Lake

About This Home

As of July 2015

Beautifully updated and gated South Lake Lanier beauty on 1.2 acres w/single slip party deck dock & always deepwater & great views. Charming surroundings and choice location near 400, shopping, and hospital. Open bright floor plan & stunning upgrades throughout opulent master bath with heated floors & state of the art finishes. Flex rm upstairs! Finished Terrace boosts recreation rm, bed rm, full bath, exercise rm office and tons of storage. Soaring stacked stone fireplace in great rm,Rocking chair from porch! Pool with cascading waterfall this is the whole package!!!

Last Agent to Sell the Property

AMY E BURLESON

NOT A VALID MEMBER License #220800 Listed on: 05/27/2015

Last Buyer's Agent

Nancy Strabel

NOT A VALID MEMBER License #126929

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,048

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • Property fronts an easement
  • Fenced
  • Landscaped
  • Level Lot
  • Garden

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,297 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Game Room
  • Home Gym
  • Lake Views
  • Security System Owned
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with one slips
  • Deck
  • Patio
  • Front Porch

Schools

  • Mashburn Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lake Lanier Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 224 147

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,048

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1987
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Basement, Family Room
  • Number Of Fireplaces: 3
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Double Vanity, Entrance Foyer 2 Story, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Other, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Game Room, Great Room - 1 Story, Living Room, Loft, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 4297.00
  • Spa Features: Private
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Stone, Stucco
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Exterior Features: Garden
  • Pool Features: In Ground
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Lake Lanier

Lot Info

  • Section G M D: 1
  • Lot Features: Landscaped, Level
  • Lot Dimensions: 1.2
  • Parcel Number: 224 147
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 7048.00
  • Tax Year: 2014

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jul 15, 2015
Sold by
Killingsworth Christopher D
Bought by
Margelli Christopher E and Margelli Alison B
Seller's Agent
AMY E BURLESON
NOT A VALID MEMBER
Buyer's Agent
Nancy Strabel
NOT A VALID MEMBER
List Price
$900,000
Sold Price
$862,000
Premium/Discount to List
-$38,000
-4.22%
Current Estimated Value
$1,464,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,364
Avg. Annual Appreciation
5.55%
Original Mortgage
$420,000
Outstanding Balance
$329,538
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$1,183,410

Purchase Details

Closed on
Apr 30, 2012
Sold by
Viera Leanne K
Bought by
Killingsworth Christopher D and Killingsworth Lindsay B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,750
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2001
Sold by
Beltzner D L D and Beltzner Carolyn
Bought by
Viera Thomas M and Viera Leanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Margelli Christopher E $862,000 --
Killingsworth Christopher D $725,000 --
Viera Thomas M $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margelli Christopher E $420,000
Previous Owner Killingsworth Christopher D $688,750
Previous Owner Viera Thomas M $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2015 07/15/15 Sold $862,000 -4.2% $201 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $900,000 -- $209 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $12,443 $523,388 $240,000 $283,388
2024 $12,443 $566,268 $290,400 $275,868
2023 $10,909 $495,504 $232,320 $263,184
2022 $11,430 $390,028 $203,280 $186,748
2021 $10,615 $390,028 $203,280 $186,748
2020 $10,512 $380,684 $203,280 $177,404
2019 $9,050 $327,264 $151,008 $176,256
2018 $9,118 $329,708 $151,008 $178,700
2017 $9,267 $333,912 $151,008 $182,904
2016 $9,106 $328,104 $145,200 $182,904
2015 $6,903 $248,260 $116,160 $132,100
2014 $7,048 $266,220 $145,200 $121,020
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    AMY E BURLESON

    NOT A VALID MEMBER

  • N

    Buyer's Agent in 2015

    Nancy Strabel

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5544806

First Multiple Listing Service (FMLS)

APN: 224-147

Georgia Forsyth County Cumming 30041

3005 Lanier Beach South Rd, Cumming, GA

Not Listed for Sale

Detached

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