NOT LISTED FOR SALE

3245 Lanier Beach South Rd Cumming, GA 30041

Estimated Value: $2,120,000 - $2,583,000

5 Beds
3.5 Baths
4,946 Sq Ft
$466/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $2,350,000 $475 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $12,276/month

10 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Marina
  • Boating
  • Mashburn Elementary School Rated A
  • Covered dock with two slips
  • 1-minute walk to Little Ridge Park

About This Home

As of August 2022

Enjoy your private lake peninsula overlooking vast deep water with amazing sunsets! New 32x32 dock w/party deck & jet ski port. Walk to Little Ridge Park with pet friendly walking trails along the southside beach line. Conveniently located across from Mary Alice Park, Bald Ridge & Habersham Marinas. Close to lots of shopping and restaurants. Completely renovated in 2017. High beamed ceilings in main living area, gourmet kitchen w/Wolf Range, Bosch appliances, custom walk-in pantry w/chefs table, built-ins, barn door; add'l living/game room on main, teens suite upstairs; Spacious bedrooms w/Primary suite on Main, covered porches w/firepit in back; unfinished carriage house area with upper attic space can be converted to add'l garage or workshop-fully air conditioned. Park 10+cars in level driveway. Furniture, pool table, hot tub, boat hoist & add'l appliances negotiable.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 06/17/2022

Mark Spain Real Estate

Co-Listed By

Veronica Jones

Engel & Völkers Atlanta License #295948

Engel & Völkers Atlanta

Last Buyer's Agent

Veronica Jones

Engel & Völkers Atlanta License #295948

Engel & Völkers Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,163

Year Built

  • Built in 1981

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 35x482x101x123x90x213x16
  • 300 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Private Entrance
  • Landscaped
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 4,946 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Plantation Shutters
  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Media Room
  • Game Room
  • Workshop
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Waterfront Lights
  • Covered dock with two slips
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • 110 Volts
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 224 158

Community Details

Overview

  • Ridge Creek Lanier Private Dock Subdivision
  • Community Lake

Recreation

  • Boating
  • RV or Boat Storage in Community
  • Powered Boats Allowed
  • Marina
  • Community Spa
  • Fishing
  • Park
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,163

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 14-1 158 LT 5 RIDGE CREEK
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 1981
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 4946.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Self Cleaning Oven, Gas Water Heater, Tankless Water Heater
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Tray Ceiling(s), High Ceilings 10 ft Main
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Media Room, Workshop
  • Dining Room Features: Open Concept, Seats 12+
  • Square Footage: 4946.00
  • Spa Features: None
  • Window Features: Plantation Shutters, Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Separate His/Hers, Soaking Tub

Exterior Features

  • Waterfront Frontage: 300
  • Construction Materials: Cement Siding, Frame
  • Roof Type: Composition, Shingle
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Exterior Features: Balcony, Private Yard, Private Front Entry, Private Rear Entry, Storage
  • View: Lake
  • Foundation: Slab

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Propane
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Boating, Dog Park, Fishing, Lake, Marina, Park, Powered Boats Allowed, RV/Boat Storage, Spa/Hot Tub, Street Lights
  • Subdivision Complex: Ridge Creek-Lanier Private Dock

Lot Info

  • Acres: 0.6800
  • Lot: 5
  • Section G M D: 1
  • Lot Features: Back Yard, Front Yard, Level, Landscaped
  • Lot Dimensions: 35x482x101x123x90x213x16
  • Parcel Number: 224 158
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 8163.00
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 12, 2022
Sold by
Julie Semler
Bought by
Hong Simon
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Veronica Jones
Engel & Völkers Atlanta
List Price
$2,600,000
Sold Price
$2,350,000
Premium/Discount to List
-$250,000
-9.62%
Current Estimated Value
$2,052,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$297,798
Avg. Annual Appreciation
-0.58%
Original Mortgage
$850,000
Outstanding Balance
$720,192
Interest Rate
4.67%
Mortgage Type
Balloon
Estimated Equity
$1,584,268

Purchase Details

Closed on
May 28, 2017
Sold by
Newton Terry Alan
Bought by
Newton Linda Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2017
Sold by
Newton Linda Jane
Bought by
Semler James W and Semler Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.03%
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
Hong Simon $2,350,000 Weissman Pc
Newton Linda Jane -- --
Semler James W $850,000 --
Newton Linda Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Simon $850,000
Previous Owner Newton Linda Jane $424,100
Previous Owner Newton Linda Jane $424,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $2,350,000 -9.6% $475 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $2,600,000 -- $526 / 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 $17,771 $738,220 $240,000 $498,220
2024 $17,771 $724,712 $240,000 $484,712
2023 $12,231 $496,892 $192,000 $304,892
2022 $9,376 $303,304 $168,000 $135,304
2021 $8,163 $303,304 $168,000 $135,304
2020 $8,054 $298,064 $168,000 $130,064
2019 $8,054 $297,464 $168,000 $129,464
2018 $7,901 $285,708 $168,000 $117,708
2017 $6,680 $240,696 $143,000 $97,696
2016 $1,335 $240,696 $143,000 $97,696
2015 $1,335 $240,696 $143,000 $97,696
2014 $1,222 $233,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2022

    Mark Spain

    Mark Spain

    (678) 537-8980

    79 in this area

    9,799 Total Sales

    Mark Spain
    Section Image
  • Veronica Jones

    Seller Co-Listing Agent in 2022

    Veronica Jones

    Engel & Völkers Atlanta

    (404) 957-9693

    4 in this area

    65 Total Sales

    Veronica Jones
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7066743

First Multiple Listing Service (FMLS)

APN: 224-158

Georgia Forsyth County Cumming 30041

3245 Lanier Beach South Rd, Cumming, GA

Not Listed for Sale

Detached

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