NOT LISTED FOR SALE

3434 Banks Mountain Place Gainesville, GA 30506

Estimated Value: $1,009,000 - $1,094,000

3 Beds
2.5 Baths
3,300 Sq Ft
$318/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $515,000 $156 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,195/month

26 Days on Market

Highlights

  • Lake Front
  • Single Slip
  • Community Lake
  • Cartersville Primary School Rated A-
  • Deep Water Access
  • Fireplace in Primary Bedroom

About This Home

As of May 2018

The ideal Lake Lanier retreat surrounded by big water with drought proof dock on private peninsula lot. Tucked away from curbside, this beautiful home offers lake privacy galore, spacious great room for entertaining, and features 2 way fireplace and custom built-ins, master on main, finished terrace level, additional room off garage plus covered & screened porches facing lakeside. This home will certainly please the most discriminating lake buyer!

Last Agent to Sell the Property

Robin Gravitt

NOT A VALID MEMBER License #DUP Listed on: 03/29/2018

NOT A VALID MEMBER

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,125

Year Built

  • Built in 1994

Lot Details

  • 0.69 Acre Lot
  • Lake Front
  • Landscaped
  • Private Lot

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Contemporary Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 3,300 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling height of 9 feet on the main level
  • Skylights
  • Double Sided Fireplace
  • Fireplace With Glass Doors
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Breakfast Room
  • Home Office
  • Screened Porch
  • Home Gym
  • Wood Flooring
  • Lake Views
  • Security System Owned

Kitchen

  • Open to Family Room
  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • 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
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deep Water Access
  • Single Slip
  • Covered dock with one slips
  • Deck

Schools

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

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Banks Mountain Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 10038 000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,125

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 1994
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Double Sided, Family Room, Glass Doors, Master Bedroom
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Bookcases, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets White, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Great Room - 1 Story, Office
  • Square Footage: 3300.00
  • Window Features: Insulated Windows, Skylight(s)

Beds/Baths

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

Exterior Features

  • Construction Materials: Synthetic Stucco
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Enclosed, Screened
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Security: Security System Owned
  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Heat Pump, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

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

Lot Info

  • Acres: 0.6900
  • Lot: 18
  • Plat Book: 107
  • Plat Page: 150
  • Lot Features: Landscaped, Private
  • Lot Dimensions: .69
  • Parcel Number: 10038 000009
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Multi Family

  • Waterfront Features: Lake, Lake Front

Tax Info

  • Tax Year: 2016

MLS Schools

  • 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
Mar 29, 2018
Closed on
May 25, 2018
Sold by
Swenson Patricia D
Bought by
Feng Fang
Seller's Agent
Robin Gravitt
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$599,900
Sold Price
$515,000
Premium/Discount to List
-$84,900
-14.15%
Current Estimated Value
$1,048,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,002
Avg. Annual Appreciation
9.89%
Original Mortgage
$412,000
Outstanding Balance
$244,849
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$803,153

Purchase Details

Closed on
Feb 25, 2013
Sold by
Swenson Arthur S
Bought by
Arthur S Swenson Trustee Of The Arthur S

Purchase Details

Closed on
May 19, 2003
Sold by
Swenson Janet R
Bought by
Swenson Arthur S

Purchase Details

Closed on
Dec 6, 1985
Sold by
Abercrombie Abercrombie R and Abercrombie M
Bought by
Swenson Arthur S
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
Feng Fang $515,000 --
Arthur S Swenson Trustee Of The Arthur S -- --
Swenson Arthur S -- --
Swenson Arthur S $72,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Fang $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $515,000 -8.0% $156 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/05/2018 04/05/18 Price Changed $559,900 -6.7% $170 / Sq Ft
03/29/2018 03/29/18 For Sale $599,900 -- $182 / 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 $8,125 $328,240 $196,760 $131,480
2023 $8,047 $323,160 $196,760 $126,400
2022 $6,750 $259,520 $153,000 $106,520
2021 $6,797 $256,440 $153,000 $103,440
2020 $6,302 $230,680 $131,160 $99,520
2019 $6,204 $225,000 $131,160 $93,840
2018 $2,298 $225,440 $132,640 $92,800
2017 $2,117 $220,440 $132,640 $87,800
2016 $1,902 $220,440 $132,640 $87,800
2015 $1,907 $220,440 $132,640 $87,800
2014 $1,907 $220,440 $132,640 $87,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robin Gravitt

    NOT A VALID MEMBER

    Section Image

  • N

    Buyer's Agent in 2018

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5989471

First Multiple Listing Service (FMLS)

APN: 10-00038-00-009

Georgia Hall County Gainesville 30506

3434 Banks Mountain Place, Gainesville, GA

Not Listed for Sale

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