Seller's Agent in 2022
Tammy Gulledge
HomeSmart
(770) 654-1903
8 Total Sales
3401 Banks Mountain Dr Gainesville, GA 30506
Estimated Value: $1,005,000 - $1,268,872
4
Beds
3.5
Baths
2,577
Sq Ft
$451/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Ocean View
- Access To Lake
- Cartersville Primary School Rated A-
- 1 Boat Dock
- Spa
About This Home
As of April 2022Spectacular custom built lake home, being introduced to the market for the first time! Home is located in a quiet neighborhood, no thru traffic, with surrounding beautiful homes. Foyer entry leads into family room with 14 ft ceilings, including a marble fireplace. Open concept floor plan, makes this home great for entertaining. Wall of windows are located on back of home for view of Lake Lanier. Master on main, with double vanities, tile flooring, and oversized tub. Kitchen includes granite countertops, travertine flooring, stainless appliances, and central vac. Separate formal dining, seating 12+. Upstairs features 2 bedrooms/office with full bath. Rear deck overlooks the lake and has covered jetted jacuzzi for enjoying chilly nights. Finished terrace level has large sitting area with stone fireplace, wetbar with custom cabinets, pool table area, 1 large bedroom, 1 exercise room, and full bath. Adjoining the terrace level is second garage with plenty of storage. Under jacuzzi, is also separate workshop with power. Arched walkway, leads to 2 story aluminum, single slip, party dock, with swim platform. Dock is located in deep protected water cove. Perfect Chestatee lake location! Cove opens to gorgeous views! This home is approx. 1/2 mile from public boatramp for easy launching. It is a short drive to access GA 400 and 985/85. Schedule you showing today, this will not last long!! Owner is licensed GA Real Estate Agent
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,982
Year Built
- Built in 1994
Lot Details
- 0.4 Acre Lot
- 100 Feet of Waterfront
- Lake Front
- Private Lot
- Level Lot
- Wooded Lot
Property Views
- Ocean
- River
- Lake
Home Design
- Contemporary Architecture
- Traditional Architecture
- Composition Roof
- Stone Siding
- Stone
Interior Spaces
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Factory Built Fireplace
- Fireplace Features Masonry
- Double Pane Windows
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Dining Room Seats More Than Twelve
- Formal Dining Room
- Home Office
- Library
- Home Gym
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- Double Vanity
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry in Kitchen
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Fireplace in Basement
- Boat door in Basement
- Finished Basement Bathroom
- Natural lighting in basement
Parking
- 2 Parking Spaces
- Parking Accessed On Kitchen Level
- Guest Parking
Eco-Friendly Details
- Energy-Efficient Insulation
- Energy-Efficient Thermostat
Outdoor Features
- Spa
- Access To Lake
- Deep Water Access
- Army Corps Of Engineers Controlled
- 1 Boat Dock
- Covered Dock
- Dock Rights
- Deck
- Patio
- Separate Outdoor Workshop
- Outbuilding
Schools
- Sardis Elementary School
- Chestatee Middle School
- Chestatee High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Dual Heating Fuel
- Heat Pump System
- Underground Utilities
- Shared Well
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
- Property has a Home Owners Association
- Banks Mountain Subdivision
- Community Lake
Listing and Financial Details
- Tax Lot 4
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2021
Closed on
Apr 22, 2022
Sold by
Gulledge James M
Bought by
Collins Stephen and Collins Kara
Seller's Agent
Tammy Gulledge
HomeSmart
Buyer's Agent
Kathy Fauscett
Keller Williams Lanier Partners
List Price
$1,050,000
Sold Price
$982,500
Premium/Discount to List
-$67,500
-6.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,718
Avg. Annual Appreciation
4.72%
Original Mortgage
$1,017,870
Outstanding Balance
$951,983
Interest Rate
3.85%
Mortgage Type
VA
Estimated Equity
$209,235
Purchase Details
Closed on
Jan 10, 2008
Sold by
Gulledge James Michael
Bought by
Gulledge James Michael and Gulledge Tammy A
Purchase Details
Closed on
Nov 3, 1998
Sold by
Gulledge Tracy Rena
Bought by
Gulledge James M
Purchase Details
Closed on
Jun 1, 1993
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Collins Stephen | $982,500 | -- | |
| Gulledge James Michael | -- | -- | |
| Gulledge James M | -- | -- | |
| -- | $54,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Collins Stephen | $1,017,870 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2022 04/22/22 | Sold | $982,500 | -6.4% | $381 / Sq Ft |
| 03/07/2022 03/07/22 | Pending | -- | -- | -- |
| 02/22/2022 02/22/22 | Price Changed | $1,050,000 | 0.0% | $407 / Sq Ft |
| 02/22/2022 02/22/22 | For Sale | $1,050,000 | +6.9% | $407 / Sq Ft |
| 02/07/2022 02/07/22 | Off Market | $982,500 | -- | -- |
| 10/22/2021 10/22/21 | Price Changed | $1,100,000 | -8.3% | $427 / Sq Ft |
| 10/13/2021 10/13/21 | For Sale | $1,200,000 | -- | $466 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $7,085 | $401,160 | $141,960 | $259,200 |
| 2023 | $9,713 | $390,680 | $141,960 | $248,720 |
| 2022 | $5,127 | $198,320 | $51,880 | $146,440 |
| 2021 | $5,186 | $196,960 | $51,880 | $145,080 |
| 2020 | $4,982 | $183,800 | $44,480 | $139,320 |
| 2019 | $4,890 | $178,760 | $44,480 | $134,280 |
| 2018 | $4,783 | $169,240 | $39,000 | $130,240 |
| 2017 | $4,523 | $161,720 | $39,000 | $122,720 |
| 2016 | $4,414 | $161,720 | $39,000 | $122,720 |
| 2015 | $3,303 | $161,720 | $39,000 | $122,720 |
| 2014 | $3,303 | $183,120 | $52,000 | $131,120 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Gulledge
-
Kathy Fauscett
Buyer's Agent in 2022
Kathy Fauscett
Keller Williams Lanier Partners
(678) 316-1924
70 Total Sales
Map
Source: Georgia MLS
MLS Number: 9065872
APN: 10-00038-00-022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
Nearby Homes
- 3393 Banks Mountain Dr
- 3498 Hickory Lake Dr
- 0 Dawsonville Hwy Unit 7642688
- 3593 Duckett Mill Rd
- 3551 Monroe Cir
- 3845 Starboard Point
- 3722 Wavespray Ct
- 3311 Marina View Way
- 3524 Lake Ridge Dr
- 3515 Water Front Dr
- 3334 Harbour Point Pkwy
- 3525 Water Front Dr
- 3342 Harbour Point Pkwy
- 3533 Lake Ridge Dr
- 3637 Lake Ridge Ct
- 3552 Lake Ridge Dr
- 3405 Banks Mountain Dr
- 3397 Banks Mountain Dr
- 3424 Banks Mountain Dr
- 3411 Banks Mountain Dr
- 3417 Banks Mountain Dr
- 3398 Banks Mountain Dr
- 3394 Banks Mountain Dr
- 3410 Banks Mountain Place
- 3410 Banks Mountain Place Unit 24
- 3389 Banks Mountain Dr
- 3416 Banks Mountain Place
- 3431 Banks Mountain Place Unit 28
- 3431 Banks Mountain Place
- 3659 Lodgehaven Cir
- 3421 Banks Mountain Dr
- 3420 Banks Mountain Place
- 3655 Lodgehaven Cir
- 3653 Lodgehaven Cir
- 3420 Banks Mountain Dr
- 3424 Banks Mountain Place