NOT LISTED FOR SALE

3314 Banks Mountain Dr Gainesville, GA 30506

Estimated Value: $378,000 - $481,000

3 Beds
2 Baths
1,912 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $320,000 $167 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,555/month

3 Days on Market

Highlights

  • Boating
  • Fishing
  • Dining Room Seats More Than Twelve
  • Cartersville Primary School Rated A-
  • Community Lake
  • Deck

About This Home

As of February 2021

Beautiful move-in-ready ranch in one of Lake Lanier's premiere communities, located less than a mile from Duckett Mill Park! Lots of attention to detail in this recently renovated home. Hardwood and tile throughout the main living areas, upscale kitchen with granite counters and stainless appliances. Walk-in closets, separate laundry room, large master suite with private bath, composite back deck, recent roof upgrade, and an extra storage building out back. If you're looking for a nice well maintained no maintenance home - this is it!!! Conveniently located near to Gainesville, Cumming & Dawsonville. Short drive to GA 400 or I-985 for an easy commute.

Last Agent to Sell the Property

Lila Weaver

Candler Real Estate Group, LLC License #327232 Listed on: 01/05/2021

Candler Real Estate Group, LLC

Last Buyer's Agent

Angie Shelnutt

Southern Classic Realtors License #173792

Southern Classic Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1995

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 158 x 160
  • Property fronts a state road
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

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

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Crawl Space
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Grip-Accessible Features

Outdoor Features

  • Deck
  • Outbuilding
  • Front Porch

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Heating Available
  • 110 Volts
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10045 000014

Community Details

Overview

  • M.E. & Fay Loring Subdivision
  • Community Lake

Recreation

  • Boating
  • Powered Boats Allowed
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,013

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 1995
  • Accessibility Features: Grip-Accessible Features
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Cabinets Other, Eat-in Kitchen, Pantry, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 1912.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Stone, Vinyl Siding
  • Roof Type: Shingle
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Exterior Features: Private Yard
  • Foundation: See Remarks

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Lake, Near Schools, Near Shopping, Park, Powered Boats Allowed
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: M.E. & Fay Loring

Association/Amenities

  • Number Of Units In Community: 1

Lot Info

  • Acres: 0.5803
  • Plat Book: 456
  • Plat Page: 149-B
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Dimensions: 158 x 160
  • Parcel Number: 10045 000014
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2013.00
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sardis
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Feb 26, 2021
Sold by
White Scott D
Bought by
Bernstein Louis and Bernstein Patricia
Seller's Agent
Lila Weaver
Candler Real Estate Group, LLC
Buyer's Agent
Angie Shelnutt
Southern Classic Realtors
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$428,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,690
Avg. Annual Appreciation
6.34%
Original Mortgage
$288,000
Outstanding Balance
$258,172
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$170,518

Purchase Details

Listed on
Oct 10, 2017
Closed on
Nov 20, 2017
Sold by
Ripka Donald R
Bought by
White Scott D and White Corinne C
Seller's Agent
Michelle Brown
Keller Williams Lanier Partners
Buyer's Agent
Michelle Brown
Keller Williams Lanier Partners
List Price
$237,900
Sold Price
$223,000
Premium/Discount to List
-$14,900
-6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$167,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1996
Sold by
Wilson Brandon
Bought by
Ripka Donald Sheryl

Purchase Details

Closed on
Aug 1, 1995

Purchase Details

Closed on
Jul 1, 1995
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
Bernstein Louis $320,000 --
White Scott D $223,000 --
Ripka Donald Sheryl $128,900 --
-- $15,000 --
-- $16,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernstein Louis $288,000
Previous Owner White Scott D $167,250
Closed Ripka Donald Sheryl $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $320,000 0.0% $167 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $320,000 +43.5% $167 / Sq Ft
11/20/2017 11/20/17 Sold $223,000 -6.3% $117 / Sq Ft View Prior Sale
10/18/2017 10/18/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $237,900 -- $124 / 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 $3,581 $144,024 $20,560 $123,464
2023 $2,981 $135,584 $20,560 $115,024
2022 $2,998 $115,560 $23,880 $91,680
2021 $2,169 $79,880 $6,680 $73,200
2020 $2,130 $76,120 $6,680 $69,440
2019 $2,013 $71,160 $6,680 $64,480
2018 $1,832 $62,426 $6,680 $55,746
2017 $1,758 $62,426 $6,680 $55,746
2016 $1,717 $62,426 $6,680 $55,746
2015 $1,730 $62,426 $6,680 $55,746
2014 $1,730 $62,426 $6,680 $55,746
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6824388

First Multiple Listing Service (FMLS)

APN: 10-00045-00-014