NOT LISTED FOR SALE

3097 Simpson Park Rd Gainesville, GA 30506

Estimated Value: $2,622,000 - $4,022,000

8 Beds
8.5 Baths
9,729 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $1,800,000 $185 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $17,452/month

Highlights

  • 143 Feet of Waterfront
  • Deep Water Access
  • Tennis Courts
  • Covered dock with two slips
  • Second Kitchen
  • Home Theater

About This Home

As of June 2016

Price Adjustment!Stunning, Estate on Lake Lanier! Level Deep Water Lot w/views. Dream home, gated,w/hdwd floors throughout. Mst on main, custom his/her closets, his/her vanities, fireplace and door to patio.Chief's main level kitchen, included custom-made cabinets,granite counters, double-oven,warming drawer, wine bar, 2 sinks and much more! Full kitchen in bsmt w/bar. Secondary bdrms have direct access to bathrooms, walk-in-closets.Bsmt features include:pool,media, exercise rms, winery.Full sauna & steam room, heated in-ground pool,double covered slip dock, hot tub etc

Last Agent to Sell the Property

Maria Shkolnik

Virtual Properties Realty.com License #346820 Listed on: 11/20/2015

Virtual Properties Realty.com

Co-Listed By

Viktoria Thomas

Virtual Properties Realty.com License #350863

Last Buyer's Agent

Brent Messerschmidt

Keller Williams Realty Atlanta Partners License #353912

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,778

Year Built

  • Built in 2007

Lot Details

  • 143 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • European Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 9,729 Sq Ft Home
  • 3-Story Property
  • Roommate Plan
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room
  • Formal Dining Room
  • Home Theater
  • Home Gym
  • Lake Views
  • Intercom

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Deep Water Access
  • Covered dock with two slips
  • Tennis Courts
  • Deck
  • Outdoor Fireplace

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • Simpson Park Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 10086 000041

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,778

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Traditional
  • Property Condition: Resale
  • Year Built: 2007
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Basement, Family Room, Master Bedroom, Outside
  • Number Of Fireplaces: 5
  • Other Equipment: Intercom
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Entrance Foyer 2 Story, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, His and Hers Closets, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Finished, Full
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Second Kitchen, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Great Room - 1 Story, Media Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 9729.00
  • Spa Features: Private

Beds/Baths

  • Total Bedrooms: 8
  • Bedroom Features: Master on Main, Roommate Floor Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Full Baths: 8
  • Total Half Baths: 1
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Soaking Tub

Exterior Features

  • Waterfront Frontage: 143
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck
  • Exterior Features: Tennis Court(s)
  • Pool Features: Heated, In Ground
  • View: Lake

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Whole House Fan
  • Heating: Natural Gas
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Landscaped, Level
  • Lot Dimensions: 1.695
  • Parcel Number: 10086 000041
  • Property Attached Yn: No

Tax Info

  • Taxes: 18778.00
  • Assessor Parcel Number: 10-00086-00-041
  • Close Date: 2016-06-02
  • Tax Year: 2014

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2015
Closed on
Jun 2, 2016
Sold by
Kostylev Ruslan
Bought by
Mcelrea Charles and Mcelrea Verna
Seller's Agent
Maria Shkolnik
Virtual Properties Realty.com
Buyer's Agent
Brent Messerschmidt
Keller Williams Realty Atlanta Partners
List Price
$2,300,000
Sold Price
$1,800,000
Premium/Discount to List
-$500,000
-21.74%
Current Estimated Value
$3,163,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,363,820
Avg. Annual Appreciation
2.92%

Purchase Details

Closed on
Feb 15, 2014
Sold by
Kostylev Vladimir
Bought by
Kostylev Ruslan

Purchase Details

Closed on
Mar 29, 2007
Sold by
Apd Custom Homes Inc
Bought by
Kostylev Vladimir

Purchase Details

Closed on
May 27, 2005
Sold by
Dubovoy Arkadiy
Bought by
Apd Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.69%
Mortgage Type
New Conventional
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
Mcelrea Charles $1,800,000 --
Kostylev Ruslan -- --
Kostylev Vladimir $2,900,000 --
Apd Custom Homes Inc -- --
Dubovoy Arkadiy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dubovoy Arkadiy $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $1,800,000 -18.2% $185 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
01/27/2016 01/27/16 Price Changed $2,200,000 -4.3% $226 / Sq Ft
11/20/2015 11/20/15 For Sale $2,300,000 -- $236 / 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 $8,925 $1,104,080 $432,200 $671,880
2023 $8,685 $1,087,920 $432,200 $655,720
2022 $7,085 $804,920 $117,840 $687,080
2021 $7,407 $796,718 $117,840 $678,878
2020 $7,326 $769,838 $117,840 $651,998
2019 $20,634 $756,798 $117,840 $638,958
2018 $20,556 $729,558 $137,120 $592,438
2017 $19,707 $706,918 $137,120 $569,798
2016 $18,626 $682,881 $118,000 $564,881
2015 $18,778 $682,881 $118,000 $564,881
2014 $18,778 $758,240 $118,000 $640,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5620441

First Multiple Listing Service (FMLS)

APN: 10-00086-00-041