NOT LISTED FOR SALE

3940 Summit Chase Gainesville, GA 30506

Estimated Value: $331,000 - $358,000

3 Beds
2 Baths
1,674 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $330,000 $197 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,103/month

4 Days on Market

Highlights

  • Open-Concept Dining Room
  • Deck
  • Country Style Home
  • View of Trees or Woods
  • Cathedral Ceiling
  • Solid Surface Countertops

About This Home

As of March 2024

This is the one! Showings begin 2/8/2024. Lovely ranch on a huge lot with just the right number of trees plus a fenced in back yard. This home has been lovingly updated and is ready for new owners boasting beautiful LVP flooring, a bright kitchen with white cabinets, gorgeous granite countertops and gleaming stainless-steel appliances. Keep warm on those chilly nights with the cozy brick fireplace and enjoy evenings on the peaceful front porch. Additionally, it has a newer roof and insulated double paned windows. This charming single level home is near schools, plenty of shopping and restaurants. More pics to come soon! Please note that the outbuilding on property is not included with the sale of the home. Do Not Wait...this house will not last long!

Last Agent to Sell the Property

Brent Smith

Keller Williams Lanier Partners License #434928 Listed on: 02/06/2024

Keller Williams Lanier Partners

Co-Listed By

Laura Smith

Keller Williams Lanier Partners License #370885

Last Buyer's Agent

Rhonda Forbes

Keller Williams Lanier Partners License #259746

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1987

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 220 x 115
  • Property fronts a county road
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Country Style Home
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,674 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Brick Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Shutters
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • Vinyl Flooring
  • Views of Woods
  • Laundry Room

Kitchen

  • Eat-In Country Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Lanier Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Smith Trace Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 10100 000089

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,015

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: SMITH TRACE LT 39
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Country
  • Property Condition: Resale
  • Year Built: 1987
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Vinyl
  • Fireplace Features: Brick, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Interior Amenities: Cathedral Ceiling(s)
  • Kitchen Features: Breakfast Bar, Cabinets White, Country Kitchen, Eat-in Kitchen, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bathroom, Bedroom, Master Bathroom, Master Bedroom
  • Dining Room Features: Open Concept
  • Square Footage: 1674.00
  • Spa Features: None
  • Window Features: Double Panes, Insulated Windows, Shutters

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Exterior Features: Private Yard
  • View: Trees/Woods
  • Pool Private: No
  • Foundation: Block

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: Smith Trace

Lot Info

  • Acres: 0.6900
  • Lot: 39
  • Section G M D: 00
  • Plat Book: 130
  • Plat Page: 150
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: 220 x 115
  • Parcel Number: 10100 000089
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2015.00
  • Tax Year: 2023

MLS Schools

  • Elementary School: Lanier
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Miller Lawrence D
Bought by
Ld Miller Living Trust and Miller L D Trust
Current Estimated Value
$347,200

Purchase Details

Closed on
Jul 26, 2024
Sold by
Forbes Rhonda
Bought by
Miller Lawrence D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,976
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 19, 2024
Sold by
Adams Thomas Jeffery
Bought by
Forbes Rhonda and Miller Ronald Bruce
Seller's Agent
Brent Smith
Keller Williams Lanier Partners
Buyer's Agent
Rhonda Forbes
Keller Williams Lanier Partners
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%

Purchase Details

Closed on
Jul 23, 2020
Sold by
Rhodes David
Bought by
Adams Thomas Jeffery

Purchase Details

Closed on
Jul 16, 2020
Sold by
Rhodes Glenn
Bought by
Rhodes David and Griffin Donna

Purchase Details

Closed on
Aug 14, 2009
Sold by
Rhodes Ruth L F
Bought by
Rhodes David and Griffin Donna

Purchase Details

Closed on
May 16, 2003
Sold by
Dillon Otto and Dillon Bonnie
Bought by
Rhodes Ruth F

Purchase Details

Closed on
Oct 1, 1998
Sold by
Yakey Paula Sue
Bought by
Yakey John D and Yakey Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,187
Interest Rate
6.96%
Mortgage Type
FHA
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
Ld Miller Living Trust $249,700 --
Miller Lawrence D $329,500 --
Forbes Rhonda $330,000 --
Adams Thomas Jeffery $200,000 --
Rhodes David -- --
Rhodes David -- --
Rhodes Ruth F $147,000 --
Dillon Otto -- --
Yakey John D -- --
Dillon Otis $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Lawrence D $284,976
Previous Owner Dillon Otis $101,187
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Sold $330,000 0.0% $197 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $329,900 -- $197 / 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
2025 $3,467 $142,440 $22,000 $120,440
2024 $2,492 $99,880 $20,400 $79,480
2023 $2,505 $96,400 $20,400 $76,000
2022 $1,936 $74,280 $15,640 $58,640
2021 $1,932 $72,800 $15,640 $57,160
2020 $716 $69,880 $15,640 $54,240
2019 $692 $65,680 $15,640 $50,040
2018 $654 $60,160 $15,640 $44,520
2017 $529 $50,560 $6,000 $44,560
2016 $466 $48,680 $6,000 $42,680
2015 $444 $46,025 $4,800 $41,225
2014 $444 $46,025 $4,800 $41,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7333649

First Multiple Listing Service (FMLS)

APN: 10-00100-00-089