NOT LISTED FOR SALE

3318 Banks Mountain Dr Gainesville, GA 30506

Estimated Value: $347,472 - $453,000

3 Beds
2 Baths
1,533 Sq Ft
$255/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $280,000 $183 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,330/month

18 Days on Market

Highlights

  • Boating
  • Open-Concept Dining Room
  • Community Lake
  • Cartersville Primary School Rated A-
  • Fishing
  • Deck

About This Home

As of October 2021

Up-dated move-in-ready ranch walking distance to Duckett Mill Park on beautiful Lake Lanier. Stacked stone front front porch. New granite countertops and sinks in kitchen and bathrooms, new carpet in bedrooms, new water heater and new thermostat. Master suite with private bath. Crawl space encapsulated. No HOA, bring your boat and RV. Minutes from Downtown Gainesville, Cumming and Dawsonville. Close to GA 400 or I-985. Well maintained and low maintenance home.

Last Agent to Sell the Property

Beth Vanderhoff

Atlanta Communities License #364942 Listed on: 08/27/2021

Atlanta Communities

Last Buyer's Agent

Lona Ohevshalom

Greatest Atlanta Realty, LLC. License #273074

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 1996

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 171 x 148
  • Property fronts a county road
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,533 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Front Porch

Location

  • 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 000016

Community Details

Overview

  • Community Lake

Recreation

  • Boating
  • RV or Boat Storage in Community
  • Powered Boats Allowed
  • Fishing
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,616

Year Built

Built in 1996

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: 1996
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1533.00
  • 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, Breakfast Room, Cabinets White, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Open Concept, Seats 12+
  • Square Footage: 1533.00
  • Spa Features: None
  • Window Features: Insulated Windows

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: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Roof Type: Shingle
  • 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

Utilities

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

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Lake, Near Shopping, Near Trails/Greenway, Park, Powered Boats Allowed, RV/Boat Storage

Lot Info

  • Acres: 0.5810
  • Lot Features: Back Yard, Front Yard, Wooded
  • Lot Dimensions: 171 x 148
  • Parcel Number: 10045 000016
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1616.00
  • Tax Year: 2020

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
Aug 27, 2021
Closed on
Oct 14, 2021
Sold by
Roberts Stewart Paul
Bought by
Ekhlas Patrick Joseph and Ekhlas Hannah
Seller's Agent
Beth Vanderhoff
Atlanta Communities
Buyer's Agent
Lona Ohevshalom
Greatest Atlanta Realty, LLC.
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Current Estimated Value
$391,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,618
Avg. Annual Appreciation
8.46%
Original Mortgage
$286,440
Outstanding Balance
$261,207
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$130,411

Purchase Details

Closed on
May 31, 2017
Sold by
Freeman Tyler
Bought by
Roberts Stewart

Purchase Details

Closed on
Apr 7, 2017
Sold by
Roberts Stewart
Bought by
Freeman Tyler

Purchase Details

Closed on
Aug 25, 2008
Sold by
Milani Fred
Bought by
Roberts Stewart

Purchase Details

Closed on
Mar 3, 2006
Sold by
Mikashan Contracting Inc
Bought by
Portofino At Lake Lanier Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Lint Andria W
Bought by
Mikashan Contracting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1998
Sold by
Loring Fay
Bought by
Lint Andria W

Purchase Details

Closed on
Jan 1, 1996
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
Ekhlas Patrick Joseph $280,000 --
Roberts Stewart -- --
Freeman Tyler -- --
Roberts Stewart $147,500 --
Portofino At Lake Lanier Llc $168,500 --
Mikashan Contracting Inc $150,000 --
Lint Andria W -- --
-- $8,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ekhlas Patrick Joseph $286,440
Previous Owner Portofino At Lake Lanier Llc $134,800
Previous Owner Mikashan Contracting Inc $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2021 10/14/21 Sold $280,000 -13.8% $183 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $325,000 0.0% $212 / Sq Ft
08/25/2021 08/25/21 Price Changed $325,000 +35.4% $212 / Sq Ft
08/25/2021 08/25/21 Price Changed $240,000 -- $157 / 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 $3,216 $129,240 $20,560 $108,680
2023 $2,642 $121,840 $20,560 $101,280
2022 $2,716 $104,600 $23,440 $81,160
2021 $1,641 $59,760 $6,560 $53,200
2020 $1,616 $57,080 $6,560 $50,520
2019 $1,525 $53,240 $6,560 $46,680
2018 $1,410 $47,430 $6,560 $40,870
2017 $1,396 $47,430 $6,560 $40,870
2016 $1,363 $47,430 $6,560 $40,870
2015 $1,374 $47,430 $6,560 $40,870
2014 $1,374 $47,430 $6,560 $40,870
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Beth Vanderhoff

    Atlanta Communities

    (770) 841-2428

    30 Total Sales

    Beth Vanderhoff
    Section Image
  • Lona Ohevshalom

    Buyer's Agent in 2021

    Lona Ohevshalom

    Greatest Atlanta Realty, LLC.

    (404) 271-6012

    21 Total Sales

    Lona Ohevshalom
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6935127

First Multiple Listing Service (FMLS)

APN: 10-00045-00-016

Georgia Hall County Gainesville 30506

3318 Banks Mountain Dr, Gainesville, GA

Not Listed for Sale

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