NOT LISTED FOR SALE

3421 Banks Mountain Dr Gainesville, GA 30506

Estimated Value: $659,000 - $1,000,000

3 Beds
3 Baths
2,083 Sq Ft
$398/Sq Ft Est. Value

Last Sold June 12, 2012

Last sale price $405,000 $194 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,882/month

690 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Covered dock with one slips
  • Lake View
  • Cartersville Primary School Rated A-
  • Deep Water Access
  • Community Lake

About This Home

As of June 2012

Great newly-remodeled lakefront home, drought-proof water, cedar shake boat house w/ party deck, easy flat walk to lake. Almost 180 degree lake views esp in winter, granite counters, hardwood floors, open floor plan, fireplace, large laundry room w/ craft area. Handicap access fm oversized garage. Incredibly energy efficient and well-built. Tons of storage. Wonderful upscale neighborhood. Great location just minutes fm GA 400 & all the shopping / theaters / restaurants in Gainesville. Bsmt has finished BR and full BA. Won't take much to completely finish rest of bsmt.

Last Agent to Sell the Property

BEVERLY KNIGHT

Keller Williams Lanier Partners License #324127 Listed on: 07/01/2010

Keller Williams Lanier Partners

Last Buyer's Agent

Kristen Crisp

Atlanta Communities License #159710

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1987

Lot Details

  • 100 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Private Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Cedar

Interior Spaces

  • 2,083 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Fireplace With Gas Starter
  • Insulated Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Computer Room
  • Game Room
  • Wood Flooring
  • Lake Views
  • Attic Fan
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Open to Family Room
  • Double Self-Cleaning Oven
  • Electric Range
  • Indoor Grill
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Basement

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

Accessible Home Design

  • Accessible Hallway
  • Accessible Approach with Ramp

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with one slips
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Banks Mountain Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 3421BanksMtn

Home Details

Home Type

Single Family

Est. Annual Taxes

$940

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1987
  • Accessibility Features: Accessible Approach with Ramp, Accessible Hallway(s)
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Electric Range, Electric Water Heater, Indoor Grill, Microwave, Self Cleaning Oven
  • Interior Amenities: High Ceilings 10 ft Main, His and Hers Closets
  • Basement: Bath/Stubbed, Daylight, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Game Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2083.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 100
  • Construction Materials: Cedar
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Patio
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Storage

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Attic Fan, Central Air, Zoned
  • Heating: Electric, Zoned
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

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

Lot Info

  • Lot: 8
  • Plat Book: 100
  • Plat Page: 194
  • Lot Features: Cul-De-Sac, Private
  • Lot Dimensions: 0.58 Acres
  • Parcel Number: 3421BanksMtn
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Thermostat, Windows

Tax Info

  • Taxes: 940.00
  • Tax Year: 2009

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
Jul 26, 2013
Sold by
Gasser G Russell
Bought by
Gasser George and Gasser Lisa B
Current Estimated Value
$828,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,200
Outstanding Balance
$286,171
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$542,500

Purchase Details

Listed on
Jul 1, 2010
Closed on
Jun 12, 2012
Sold by
Graff Donald H
Bought by
Gasser G Russell and Gasser Lisa B
Seller's Agent
BEVERLY KNIGHT
Keller Williams Lanier Partners
Buyer's Agent
Kristen Crisp
Atlanta Communities
List Price
$499,000
Sold Price
$405,000
Premium/Discount to List
-$94,000
-18.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$375,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2004
Sold by
Graff Sara
Bought by
Graff Donald H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gasser George -- --
Gasser G Russell $405,000 --
Graff Donald H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gasser George $384,200
Previous Owner Gasser G Russell $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2012 06/12/12 Sold $405,000 -18.8% $194 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
07/01/2010 07/01/10 For Sale $499,000 -- $240 / 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 $6,230 $251,400 $98,720 $152,680
2023 $5,648 $243,680 $98,720 $144,960
2022 $5,151 $199,280 $76,800 $122,480
2021 $5,116 $194,280 $76,800 $117,480
2020 $4,856 $179,120 $65,800 $113,320
2019 $3,836 $140,080 $65,800 $74,280
2018 $3,722 $131,560 $61,520 $70,040
2017 $3,567 $127,400 $61,520 $65,880
2016 $3,482 $127,400 $61,520 $65,880
2015 $2,975 $127,400 $61,520 $65,880
2014 $2,975 $177,240 $111,360 $65,880
Source: Public Records

Agents Affiliated with this Home

  • BEVERLY KNIGHT

    Seller's Agent in 2012

    BEVERLY KNIGHT

    Keller Williams Lanier Partners

    (678) 860-0990

    120 Total Sales

    BEVERLY KNIGHT
    Section Image
  • Kristen Crisp

    Buyer's Agent in 2012

    Kristen Crisp

    Atlanta Communities

    (678) 858-9756

    41 Total Sales

    Kristen Crisp
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4090772

First Multiple Listing Service (FMLS)

APN: 10-00039-00-035

Georgia Hall County Gainesville 30506

3421 Banks Mountain Dr, Gainesville, GA

Not Listed for Sale

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