NOT LISTED FOR SALE

3411 Banks Mountain Dr Gainesville, GA 30506

Estimated Value: $814,000 - $1,376,000

4 Beds
3.5 Baths
3,692 Sq Ft
$320/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $942,500 $255 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,064/month

2 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Single Slip
  • Open-Concept Dining Room
  • Cartersville Primary School Rated A-
  • Deep Water Access
  • Media Room

About This Home

As of October 2020

Spectacular waterfront home with loaded dock! A timeless design open concept ranch over a full finished terrace level. Patio doors open onto double porches from every room overlooking Lake Lanier. Great room with rock fireplace, cathedral wood and beam ceilings, and wall of windows. Open concept floor plan with bay window dining area, state of the art gourmet kitchen with Sub zero fridge, wine cooler, 6 burner Dacor gas range, food warmer drawers, single bowl sink overlooking porch. Beautiful timeless cabinets. Built-in bench seating,all hardwood floors on main level. Master on Main with full sitting room, elegant master bath with jacuzzi and separate tile shower. Additional guest bedroom and hall bath on main floor. open terrace level has an additional 2 bedrooms and full bath plus a wonderful bunk room that sleeps 6. Check out the media room with full bar and rock fireplace! State of the art utilities with a Rheem heat pump hybrid water heater. Half bath and laundry in mudroom between kitchen and 3 car garage. 3rd garage is deep with workshop area and access to back porches. This backyard oasis home is waiting for you. Lakeside patio/fire pit, outdoor shower, tree house setting. Tranquil yet filled with sounds of fun from lake lovers. Fantastic deep water cove with wide expanse. Centrally located between Bolling Bridge on Hwy 53 and Duckett Mill Campground. Duckett Mill is a quiet road only 2 miles long. Banks Mountain is a great lake neighborhood filled with gorgeous homes. This one is built to last with all brick and stone, hardiplank with cedar shake accent/rustic beams. Tons of parking for friends and family. Come see this one!

Last Agent to Sell the Property

Rhonda Forbes

Keller Williams Lanier Partners License #259746 Listed on: 08/27/2020

Keller Williams Lanier Partners

Last Buyer's Agent

Lin Piersante

Atlanta Communities License #170709

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,638

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 173 x 99
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Cul-De-Sac
  • Permeable Paving
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Driveway Level

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Composition Roof
  • Cement Siding
  • Stone Siding
  • Cedar

Interior Spaces

  • 3,692 Sq Ft Home
  • Wet Bar
  • Home Theater Equipment
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Plantation Shutters
  • Two Story Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Open-Concept Dining Room
  • Media Room
  • Home Office
  • Lake Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Kitchen Appliances
  • Accessible Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat
  • Air Purifier

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Single Slip
  • Deck
  • Wrap Around Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 110 Volts
  • Well
  • High-Efficiency Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Banks Mountain Place Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 10038 000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,638

Year Built

Built in 1996 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern, Ranch
  • Property Condition: Updated/Remodeled
  • Year Built: 1996
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Basement, Great Room
  • Number Of Fireplaces: 2
  • Other Equipment: Air Purifier, Home Theater
  • Appliances: Dishwasher
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Finished, Finished Bath, Full
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Pantry, Solid Surface Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Great Room - 2 Story, Media Room, Office
  • Dining Room Features: Open Concept
  • Square Footage: 3692.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters, Skylight(s)

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Sitting Room, Split Bedroom Plan
  • Lower Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Other Structures: Shed(s)
  • Waterfront Frontage: 100
  • Construction Materials: Cedar, Cement Siding, Stone
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Wrap Around
  • Exterior Features: Permeable Paving, Private Yard
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Banks Mountain Place

Lot Info

  • Acres: 0.4000
  • Lot: 6
  • Plat Book: 100
  • Plat Page: 194
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Private, Wooded
  • Lot Dimensions: 173 x 99
  • Parcel Number: 10038 000024
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Water Heater
  • Green Energy Generation: None

Tax Info

  • Taxes: 7638.00
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2025
Sold by
Brannan Michael E
Bought by
Brannan Zachary James
Current Estimated Value
$1,180,617

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 19, 2020
Sold by
Elliott Christopher R
Bought by
Brannan Michael E and Brannan Deborah E
Seller's Agent
Rhonda Forbes
Keller Williams Lanier Partners
Buyer's Agent
Lin Piersante
Atlanta Communities
List Price
$899,000
Sold Price
$942,500
Premium/Discount to List
$43,500
4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Listed on
May 23, 2014
Closed on
Oct 17, 2014
Sold by
Jones Joe R
Bought by
Elliott Christopher R and Elliott Lisa D
Seller's Agent
Rhonda Forbes
Keller Williams Lanier Partners
Buyer's Agent
Michele Miles
Century 21 Results
List Price
$825,000
Sold Price
$695,000
Premium/Discount to List
-$130,000
-15.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$470,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Turman Douglas B and Turman Theresa L
Bought by
Jones Joe R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Fulwood Gregory
Bought by
Turman Douglas B and Turman Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2001
Sold by
Lacava Jeffrey and Lacava Elizabeth
Bought by
Fulwood Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1996
Sold by
Star Custom Homes Inc
Bought by
Lacava Elizabeth Jeffrey

Purchase Details

Closed on
Nov 3, 1995
Sold by
Leonard Dale C Catherine F
Bought by
Star Custom Hommes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Brannan Zachary James -- --
Brannan Michael E $942,500 --
Elliott Christopher R $695,000 --
Jones Joe R $675,000 --
Turman Douglas B $455,000 --
Fulwood Gregory $420,000 --
Lacava Elizabeth Jeffrey $222,100 --
Star Custom Hommes Inc $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Christopher R $470,000
Previous Owner Jones Joe R $520,000
Previous Owner Turman Douglas B $364,000
Previous Owner Fulwood Gregory $336,000
Closed Lacava Elizabeth Jeffrey $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2020 10/19/20 Sold $942,500 +4.8% $255 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $899,000 +29.4% $243 / Sq Ft
10/17/2014 10/17/14 Sold $695,000 -15.8% $218 / Sq Ft View Prior Sale
09/17/2014 09/17/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $825,000 -- $259 / 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 $10,176 $411,360 $162,720 $248,640
2023 $7,915 $406,000 $162,720 $243,280
2022 $8,657 $335,560 $126,560 $209,000
2021 $8,574 $326,200 $126,560 $199,640
2020 $7,790 $285,800 $108,480 $177,320
2019 $7,638 $277,680 $108,480 $169,200
2018 $7,437 $261,520 $101,400 $160,120
2017 $7,074 $251,320 $101,400 $149,920
2016 $6,902 $251,320 $101,400 $149,920
2015 $6,958 $251,320 $101,400 $149,920
2014 $6,958 $251,320 $101,400 $149,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6773305

First Multiple Listing Service (FMLS)

APN: 10-00038-00-024