NOT LISTED FOR SALE

3397 Banks Mountain Dr Gainesville, GA 30506

Estimated Value: $638,000 - $1,127,000

4 Beds
3.5 Baths
3,604 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $611,100 $170 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,312/month

106 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Covered dock with one slips
  • Spa
  • Cartersville Primary School Rated A-
  • Deep Water Access
  • Separate his and hers bathrooms

About This Home

As of June 2017

LAKEFRONT home truly unique in architecture with an open concept floor plan. DEEP water cove with party deck dock and platform.Ranch style home with split bedroom floor plan. Front porch with 14' ceilings, 3 sets of French doors. Large master with luxurious bath and separate closets and vanities .A backyard oasis has screened porch and large deck, Finished basement with wetbar opens onto covered patio with hot tub, fire pit and outdoor kitchen. 4 car garage! Duckett Mill area in upscale authentic lake neighborhood. Such a fun cove.

Last Agent to Sell the Property

Rhonda Forbes

Keller Williams Lanier Partners License #259746 Listed on: 02/03/2017

Keller Williams Lanier Partners

Last Buyer's Agent

Rhonda Forbes

Keller Williams Lanier Partners License #259746 Listed on: 02/03/2017

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,091

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 169x179x100x184
  • 100 Feet of Waterfront
  • Lake Front
  • Fenced
  • Garden

Parking

  • 4 Car Attached Garage
  • Side Facing Garage
  • Driveway Level

Home Design

  • Ranch Style House
  • European Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,604 Sq Ft Home
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Workshop
  • Screened Porch
  • Wood Flooring
  • Lake Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Lighting

Outdoor Features

  • Spa
  • Deep Water Access
  • Party Deck
  • Covered dock with one slips
  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Lake Lanier Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 10038 000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,091

Year Built

Built in 1998 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Ranch
  • Property Condition: Updated/Remodeled
  • Year Built: 1998
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Bookcases, Entrance Foyer, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Driveway Access, Finished, Full
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Tile Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Office, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3604.00
  • Spa Features: Private
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Split Bedroom Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Waterfront Frontage: 100
  • Construction Materials: Stucco
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch, Patio, Screened
  • Exterior Features: Garden, Gas Grill
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 4
  • Parking Features: Attached, Garage, Garage Faces Side, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

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

Lot Info

  • Acres: 0.5000
  • Lot: 3
  • Plat Book: 100
  • Plat Page: 194
  • Lot Dimensions: 169x179x100x184
  • Parcel Number: 10038 000021
  • Property Attached Yn: No

Green Features

  • Efficiency: Lighting, Windows

Tax Info

  • Taxes: 4091.00
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake, Lake Front

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
Feb 3, 2017
Closed on
Jun 19, 2017
Sold by
Shreeram Jason
Bought by
Pic Christopher G and Pic Tina
Seller's Agent
Rhonda Forbes
Keller Williams Lanier Partners
Buyer's Agent
Rhonda Forbes
Keller Williams Lanier Partners
List Price
$675,000
Sold Price
$611,100
Premium/Discount to List
-$63,900
-9.47%
Current Estimated Value
$898,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,246
Avg. Annual Appreciation
4.66%
Original Mortgage
$311,100
Outstanding Balance
$258,770
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$639,576

Purchase Details

Closed on
Jun 13, 2003
Sold by
Slaton Hastin and Slaton Christie
Bought by
Shreeram Jason and Shreeram Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1999
Sold by
Slaton Hastin and Slaton Christie
Bought by
Slaton Hastin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1997
Sold by
Abercrombie Betty M
Bought by
Slaton Hastin and Slaton Christie
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
Pic Christopher G $611,100 --
Shreeram Jason $435,000 --
Slaton Hastin -- --
Slaton Hastin $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pic Christopher G $311,100
Previous Owner Shreeram Jason $312,000
Previous Owner Slaton Hastin $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2017 06/19/17 Sold $611,100 -6.0% $170 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
05/01/2017 05/01/17 Price Changed $650,000 -3.0% $180 / Sq Ft
03/07/2017 03/07/17 Price Changed $670,000 -0.7% $186 / Sq Ft
02/03/2017 02/03/17 For Sale $675,000 -- $187 / 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 $6,982 $279,960 $92,440 $187,520
2023 $6,723 $269,480 $92,440 $177,040
2022 $5,809 $222,920 $71,920 $151,000
2021 $5,866 $220,920 $71,920 $149,000
2020 $5,620 $205,440 $61,640 $143,800
2019 $5,500 $199,160 $61,640 $137,520
2018 $5,269 $184,520 $54,040 $130,480
2017 $4,192 $149,840 $40,520 $109,320
2016 $4,091 $149,840 $40,520 $109,320
2015 $3,404 $149,840 $40,520 $109,320
2014 $3,404 $176,760 $54,040 $122,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5800980

First Multiple Listing Service (FMLS)

APN: 10-00038-00-021