NOT LISTED FOR SALE

3440 Banks Mountain Place Gainesville, GA 30506

Estimated Value: $860,000 - $1,352,000

3 Beds
2.5 Baths
3,808 Sq Ft
$300/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $610,000 $160 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,877/month

19 Days on Market

Highlights

  • Lake Front
  • Covered dock with two slips
  • Media Room
  • Cartersville Primary School Rated A-
  • Deep Water Access
  • Spa

About This Home

As of October 2014

WOW! THIS HOUSE HAS IT ALL! OPEN FLOOR PLAN--IN PRISTINE CONDITION. NICE DECK RUNS THE LENGTH OF THE HOUSE HAS CUSTOMED SET-IN HOT TUB. GREAT LAKE VIEWS FROM SUNPORCH, GREAT ROOM, KITCHEN, MASTER BEDROOM. TERRACE LEVEL OFERS HUGE REC ROOM AND OFFICE, 2 BEDROOMS, BATH. CRAFT ROOM AND EXERCISE ROOMS ARE JUST ICING ON THE CAKE. LIGHTED PATH TO DEEP WATER, DOUBLE SLIP DOCK WITH PARTY DECK AND 4500# HOIST. EXTRA PARKING PAD FOR TRAILERS, CYCLES, ETC.

Last Agent to Sell the Property

Barry Sanders

RE/MAX Center License #259940 Listed on: 09/12/2014

RE/MAX Center

Last Buyer's Agent

Tom Peters

Coldwell Banker Realty License #270702

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,344

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 216x270x201x206
  • Lake Front
  • Private Lot

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,808 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Media Room
  • Home Office
  • Bonus Room
  • Game Room
  • Home Gym
  • Keeping Room
  • Attic Fan
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Finished Basement

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

Outdoor Features

  • Spa
  • Deep Water Access
  • Boat Hoist or Davit
  • Covered dock with two slips
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows

Community Details

  • Banks Mountain Subdivision
  • Community Lake

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 16-17
  • Assessor Parcel Number 3440BanksMountainPL

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,344

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: Ranch
  • Property Condition: Resale
  • Year Built: 1994
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Self Cleaning Oven
  • Interior Amenities: Bookcases, Central Vacuum, Entrance Foyer, High Ceilings 10 ft Main, His and Hers Closets, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Keeping Room, Pantry Walk-In
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Game Room, Living Room, Media Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3808.00
  • Spa Features: Private
  • Window Features: Insulated Windows

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: Double Vanity

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Patio And Porch Features: Deck

Garage/Parking

  • Number of Carport Spaces: 1
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Carport, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Home Warranty: Yes
  • Subdivision Complex: BANKS MOUNTAIN

Lot Info

  • Lot: 16-17
  • Lot Features: Private
  • Lot Dimensions: 216X270X201X206
  • Parcel Number: 3440BanksMountainPL
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 4344.00
  • Tax Year: 2013

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 7, 2017
Sold by
Tutt Charles S
Bought by
Tutt Charles S and Tutt Susan C
Current Estimated Value
$1,141,076

Purchase Details

Listed on
Sep 12, 2014
Closed on
Oct 30, 2014
Sold by
Girdharry Reginald E
Bought by
Tutt Charles S
Seller's Agent
Barry Sanders
RE/MAX Center
Buyer's Agent
Tom Peters
Coldwell Banker Realty
List Price
$640,000
Sold Price
$610,000
Premium/Discount to List
-$30,000
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$488,000
Interest Rate
2.65%

Purchase Details

Closed on
Jun 2, 2014
Bought by
Girdharry Reginald E

Purchase Details

Closed on
Jan 1, 1994
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
Tutt Charles S -- --
Tutt Charles S $610,000 --
Girdharry Reginald E $610,000 --
-- $64,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tutt Charles S $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $610,000 -4.7% $160 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $640,000 -- $168 / 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 $10,430 $419,760 $230,440 $189,320
2023 $10,225 $411,440 $230,440 $181,000
2022 $8,694 $335,080 $179,240 $155,840
2021 $8,897 $336,560 $179,240 $157,320
2020 $8,328 $305,760 $153,600 $152,160
2019 $8,234 $299,560 $153,600 $145,960
2018 $8,048 $283,240 $143,560 $139,680
2017 $7,796 $277,240 $143,560 $133,680
2016 $7,607 $277,240 $143,560 $133,680
2015 $4,243 $277,240 $143,560 $133,680
2014 $4,243 $287,840 $143,560 $144,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5343426

First Multiple Listing Service (FMLS)

APN: 10-00038-00-007