NOT LISTED FOR SALE

3950 Summit Chase Gainesville, GA 30506

Estimated Value: $358,000 - $386,000

3 Beds
2 Baths
1,622 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $330,000 $203 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,236/month

Highlights

  • Open-Concept Dining Room
  • Deck
  • Vaulted Ceiling
  • View of Trees or Woods
  • Wooded Lot
  • Traditional Architecture

About This Home

As of June 2022

Excellent opportunity in one of the best locations of Gainesville. Private and convenient location in Chestatee School District, right off of Thompson Bridge Rd. This 3 bedroom 2 bathroom ranch home has so much to offer. Newer roof, new HVAC, hardwood floors throughout bedrooms and main living areas. The family room is large, inviting and open with vaulted ceilings and a beautiful white brick wood burning fireplace. Other features include large master bedroom and ensuite and 2 ample size secondary bedrooms that share a full bath. Sun room overlooking the backyard is a great place to sprawl out and relax with your favorite book. Large level backyard is completely fenced in for those furry family members. Don't miss this chance to join the peaceful community of Smith Trace.

Last Agent to Sell the Property

Joshua Thompson

Keller Williams Lanier Partners License #374898 Listed on: 05/17/2022

Keller Williams Lanier Partners

Last Buyer's Agent

Meredith Buckland

HomeSmart License #358130

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,825

Year Built

  • Built in 1987

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 410 x 116
  • Chain Link Fence
  • Level Lot
  • Wooded Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,622 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Sun or Florida Room
  • Views of Woods

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Air Filter
  • Air Source Heat Pump
  • Septic Tank
  • Cable TV Available

Community Details

  • Smith Trace Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 10100 000088

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,825

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LT 38, SMITH TRACE S/D
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1987
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1622.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Laminate
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Interior Amenities: High Ceilings 10 ft Main, Vaulted
  • Kitchen Features: Breakfast Bar, Country Kitchen, Eat-in Kitchen, Laminate Counters, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Sun Room
  • Dining Room Features: Open Concept
  • Square Footage: 1622.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Chain Link
  • Patio And Porch Features: Deck
  • Exterior Features: Private Yard
  • View: Trees/Woods
  • Foundation: Block, See Remarks

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric Air Filter, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: In Hall, Laundry Room
  • Utilities: Cable Available, Electricity Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: Smith Trace

Schools

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

Lot Info

  • Acres: 1.0918
  • Lot: 38
  • Land/Lot: 38
  • Deed Book: 6338
  • Deed Page: 525
  • Plat Book: 306
  • Plat Page: 160A
  • Lot Features: Level, Private, Wooded
  • Lot Dimensions: 410 x 116
  • Parcel Number: 10100 000088
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1825.00
  • Assessor Parcel Number: 10-00100-00-088
  • Close Date: 2022-06-21
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 21, 2022
Sold by
Lee Robyn Adell
Bought by
Stroup Robert Daniel and Webb Kathryn Marie
Seller's Agent
Joshua Thompson
Keller Williams Lanier Partners
Buyer's Agent
Meredith Buckland
HomeSmart
List Price
$299,998
Sold Price
$330,000
Premium/Discount to List
$30,002
10%
Current Estimated Value
$368,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,503
Avg. Annual Appreciation
1.83%
Original Mortgage
$320,100
Outstanding Balance
$306,755
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$43,328

Purchase Details

Closed on
May 13, 2008
Sold by
Secretary Of Hsng & Urban Dev/
Bought by
Lee Robyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,454
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2007
Sold by
Wells Fargo Bank Na
Bought by
Hud

Purchase Details

Closed on
Nov 19, 2002
Sold by
Thompson Diane
Bought by
Sanders Leslie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,400
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 1994
Sold by
Mauldin Richard S Janet H
Bought by
Hammer Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,750
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Stroup Robert Daniel $330,000 --
Lee Robyn A -- --
Hud -- --
Wells Fargo Bank Na $133,843 --
Sanders Leslie F $133,500 --
Hammer Diane C $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stroup Robert Daniel $320,100
Previous Owner Lee Robyn Adell $116,469
Previous Owner Lee Robyn A $124,454
Previous Owner Sanders Leslie F $26,956
Previous Owner Sanders Leslie F $131,936
Previous Owner Sanders Leslie F $132,400
Previous Owner Hammer Diane C $70,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $330,000 +10.0% $203 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $299,998 0.0% $185 / Sq Ft
08/01/2016 08/01/16 Rented $1,300 0.0% --
06/08/2016 06/08/16 For Rent $1,300 -- --
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 $3,484 $140,120 $24,040 $116,080
2023 $3,331 $132,160 $24,040 $108,120
2022 $1,832 $68,320 $17,840 $50,480
2021 $1,825 $66,760 $17,840 $48,920
2020 $1,810 $64,280 $17,840 $46,440
2019 $1,735 $60,960 $17,840 $43,120
2018 $1,653 $56,040 $17,840 $38,200
2017 $1,332 $45,120 $6,880 $38,240
2016 $1,257 $43,520 $6,880 $36,640
2015 $1,185 $40,538 $5,280 $35,258
2014 $1,185 $40,538 $5,280 $35,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7051755

First Multiple Listing Service (FMLS)

APN: 10-00100-00-088