NOT LISTED FOR SALE

3048 Summer Lake Dr Gainesville, GA 30506

Estimated Value: $306,000 - $341,000

3 Beds
2 Baths
1,242 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $295,000 $238 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,963/month

3 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Open to Family Room
  • Rural View
  • Balcony
  • Front Porch

About This Home

As of August 2023

Great opportunity! Three bedroom, two bath home in desired location. The moment you walk through the front door you are greeted with a large living area that flows into the eat in dining area and kitchen. Laundry is conveniently located off the kitchen. Down the hall are two spacious bedrooms with large closets and one full bath. Master is at the end of the hall with private bath. Home features covered front porch, private back deck and no HOA. Home backs up to core property. Just minutes from dining, shopping and more. Lake Lanier is a short 5 minute walk or 10 minute drive to public boat ramp.

Last Agent to Sell the Property

Aimee Coker

Keller Williams Realty Atlanta Partners License #419446 Listed on: 07/27/2023

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Katie Staples

Keller Williams Buckhead License #381324

Keller Williams Buckhead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1999

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150 x 99
  • Property fronts a county road
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,242 Sq Ft Home
  • Double Pane Windows
  • Vinyl Flooring
  • Rural Views
  • Fire and Smoke Detector
  • Laundry in Kitchen

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Schools

  • Sardis Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Septic Tank
  • Cable TV Available

Community Details

  • Fran Mar Heights Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Legal Lot and Block 18 / 2
  • Assessor Parcel Number 10072 002018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,242

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: FRAN-MAR HGTS LT 18
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Vinyl
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1242.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Balcony
  • View: Rural
  • Foundation: Block

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Utilities: Cable Available, Electricity Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • F H A Condo Approval: Yes
  • Subdivision Complex: Fran Mar Heights

Schools

  • Elementary School: Sardis
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Acres: 0.3400
  • Lot: 18
  • Land/Lot: 18
  • Deed Book: 6695
  • Deed Page: 502
  • Plat Book: 36
  • Plat Page: 300
  • Lot Features: Back Yard
  • Lot Dimensions: 150 x 99
  • Parcel Number: 10072 002018
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2242.00
  • Assessor Parcel Number: 10-00072-02-018
  • Close Date: 2023-08-23
  • Tax Year: 2022

MLS Schools

  • Elementary School: Sardis
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 23, 2023
Sold by
Budd Victoria M
Bought by
Heydel Todd
Seller's Agent
Aimee Coker
Keller Williams Realty Atlanta Partners
Buyer's Agent
Katie Staples
Keller Williams Buckhead
List Price
$309,900
Sold Price
$295,000
Premium/Discount to List
-$14,900
-4.81%
Views
46
Current Estimated Value
$325,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,241
Avg. Annual Appreciation
4.76%
Original Mortgage
$295,000
Outstanding Balance
$288,565
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$36,676

Purchase Details

Closed on
Apr 26, 2010
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Budd Victoria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,066
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2010
Sold by
Nationstar Mtg Llc
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Apr 5, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Urapo Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2006
Sold by
Smith Britton E
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Dec 30, 2003
Sold by
Albrecht Edward
Bought by
Smith Britton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,765
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2003
Sold by
Sec Of Hud
Bought by
Albrecht Edward

Purchase Details

Closed on
Apr 1, 2003
Sold by
Countrywide Home Loans Inc
Bought by
Sec Of Hud

Purchase Details

Closed on
Mar 22, 2000
Sold by
J L S Construction Inc
Bought by
Mount Vernon Meadows

Purchase Details

Closed on
Sep 10, 1999
Sold by
House James W
Bought by
J L S Construction Inc
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
Heydel Todd $295,000 --
Budd Victoria M -- --
Federal Natl Mtg Assn Fnma -- --
Nationstar Mtg Llc $138,893 --
Nationstar Mortgage Llc $138,900 --
Urapo Christian -- --
Urapo Christian $127,000 --
Chase Home Finance Llc $116,910 --
Chase Home Finance Llc -- --
Smith Britton $125,000 --
Albrecht Edward -- --
Sec Of Hud -- --
Countrywide Home Loans Inc $117,557 --
Mount Vernon Meadows -- --
J L S Construction Inc $12,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heydel Todd $295,000
Previous Owner Budd Victoria M $85,066
Previous Owner Urapo Christian $127,000
Previous Owner Smith Britton $120,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $295,000 -4.8% $238 / Sq Ft
07/27/2023 07/27/23 For Sale $309,900 -- $250 / 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
2024 $2,850 $112,480 $15,880 $96,600
2023 $2,571 $118,960 $15,880 $103,080
2022 $2,242 $86,160 $14,080 $72,080
2021 $1,897 $71,480 $11,360 $60,120
2020 $1,803 $66,000 $8,960 $57,040
2019 $1,620 $58,720 $8,960 $49,760
2018 $1,451 $50,880 $8,960 $41,920
2017 $945 $33,235 $5,200 $28,035
2016 $924 $33,235 $5,200 $28,035
2015 $920 $33,235 $5,200 $28,035
2014 $920 $42,280 $8,000 $34,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7250028

First Multiple Listing Service (FMLS)

APN: 10-00072-02-018