NOT LISTED FOR SALE

3428 Banks Mountain Place Gainesville, GA 30506

Estimated Value: $1,128,000 - $1,399,000

6 Beds
6 Baths
5,708 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $675,000 $118 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $7,431/month

9 Days on Market

Highlights

  • 170 Feet of Waterfront
  • Covered Dock
  • Media Room
  • Cartersville Primary School Rated A-
  • Deep Water Access
  • Sitting Area In Primary Bedroom

About This Home

As of October 2017

Tranquil Private Lake Living... Lake Views with Single Slip. Owner has Approval With the Corp for a Double Slip w/ Party Deck! 170 FEET OF SHORELINE can be yours!. Dock in DEEP water. Bright Open Floor Plan, Hardwood Floors On Main, Master Retreat on Main with Fireplace, Recently Updated Master Bath ....Enjoy fully finished terrace level for entertaining! Quiet and private location in much sought after Banks Mountain Community .... Convenient to Downtown Gainesville and Northeast Georgia Medical Center. Must See!!!!!

Last Agent to Sell the Property

LINDA MORRIS

Morris Real Estate Investments License #271765 Listed on: 08/20/2017

Last Buyer's Agent

Kim Waters

The Norton Agency License #147810

The Norton Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,497

Year Built

  • Built in 1999

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 70x212x170x277
  • 170 Feet of Waterfront
  • Lake Front
  • Fenced
  • Landscaped
  • Private Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 5,708 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Second Story Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Media Room
  • Home Office
  • Wood Flooring
  • Lake Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Deep Water Access
  • Covered dock with one slips
  • Covered Dock
  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient HVAC

Community Details

  • Banks Mountain Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 10038 000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,497

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 1999
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Family Room, Gas Log, Glass Doors, Master Bedroom
  • Number Of Fireplaces: 3
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: Bookcases, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Great Room - 2 Story, Media Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 5708.00

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Sitting Room
  • Lower Bedrooms: 2
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 170
  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Garden
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Natural Gas, Propane, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Lake, Street Lights
  • Subdivision Complex: Banks Mountain

Lot Info

  • Acres: 0.5700
  • Lot: 20
  • Section G M D: 00
  • Plat Book: 00
  • Plat Page: 00
  • Lot Features: Landscaped, Private
  • Lot Dimensions: 70x212x170x277
  • Parcel Number: 10038 000011
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC

Tax Info

  • Taxes: 6497.00
  • 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

Closed on
Jun 12, 2024
Sold by
Foster Morgan W
Bought by
Foster Family Living Trust Dated June 12 and Foster Beverly Higgins Tr
Current Estimated Value
$1,254,741

Purchase Details

Listed on
Aug 20, 2017
Closed on
Oct 25, 2017
Sold by
Vandenhandel Bradley Jay
Bought by
Foster Morgan W and Foster Beverly H
Seller's Agent
LINDA MORRIS
Morris Real Estate Investments
Buyer's Agent
Kim Waters
The Norton Agency
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$424,100
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2002
Sold by
Vandenhandel Bradley Jay
Bought by
Vandenhandel Bradley Jay and Vandenhandel Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2000
Sold by
Integrity Built Llc
Bought by
Heidt Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1998
Sold by
Girdharry Mary Jo
Bought by
Intergrity Built Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
6.8%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 25, 1997
Sold by
Abercrombie Betty
Bought by
Girdharry Angela

Purchase Details

Closed on
Jan 7, 1997
Sold by
Deal Redilla
Bought by
Abercrombie Betty
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
Foster Family Living Trust Dated June 12 -- --
Foster Morgan W $675,000 --
Vandenhandel Bradley Jay -- --
Vandenhandel Bradley J $550,000 --
Heidt Barry $1,000 --
Intergrity Built Llc $107,500 --
Girdharry Angela $60,000 --
Abercrombie Betty $43,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster Morgan W $424,100
Previous Owner Vandenhandel Bradley J $300,000
Previous Owner Heidt Barry $400,000
Previous Owner Intergrity Built Llc $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Sold $675,000 -2.9% $118 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/20/2017 08/20/17 For Sale $695,000 0.0% $122 / Sq Ft
09/04/2012 09/04/12 Rented $2,800 0.0% --
09/04/2012 09/04/12 For Rent $2,800 -- --
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 $9,895 $399,960 $190,760 $209,200
2023 $10,115 $392,280 $190,760 $201,520
2022 $8,114 $314,480 $148,360 $166,120
2021 $8,180 $311,200 $148,360 $162,840
2020 $7,677 $283,640 $127,160 $156,480
2019 $7,683 $279,320 $127,160 $152,160
2018 $7,555 $265,720 $118,840 $146,880
2017 $6,659 $238,400 $116,600 $121,800
2016 $6,497 $238,400 $116,600 $121,800
2015 $4,395 $238,400 $116,600 $121,800
2014 $4,395 $270,480 $127,600 $142,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5897257

First Multiple Listing Service (FMLS)

APN: 10-00038-00-011