NOT LISTED FOR SALE

4198 Cumberland Point Dr Gainesville, GA 30504

Estimated Value: $2,719,000 - $3,640,000

5 Beds
8 Baths
8,432 Sq Ft
$390/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $3,254,000 $386 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $21,277/month

3 Days on Market

Highlights

  • 428 Feet of Waterfront
  • Deep Water Access
  • Home Theater
  • Double Slip
  • Open-Concept Dining Room
  • Heated In Ground Pool

About This Home

As of September 2021

Located in Cumberland on Lanier, a gated community with proximity to shopping, restaurants, hospitals, schools and interstates, this meticulously designed lakefront estate sits on a peninsula with expansive views of Lake Lanier and unmatched design. The main level offers hardwood floors, extensive millwork, large master suite, chef’s kitchen with Viking appliances, large gathering rooms for family and friends surrounded by intimate terraces with lake views. The terrace level is designed for entertaining with full kitchen, family room, powder room, billiard room, theatre, 3 bedrooms, 3 full baths and mini racquet ball court. Step outside to a covered patio, grilling station and infinity pool overlooking the lake with a double slip dock with party deck waiting for your enjoyment.

Last Listed By

FILSON AND HARRISON

NOT A VALID MEMBER Listed on: 06/24/2021

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,963

Year Built

  • Built in 2006

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 213 x 421
  • 428 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Level Lot
  • Irrigation Equipment
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Composition Roof
  • Stone Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 8,432 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Home Theater Equipment
  • Bookcases
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Sided Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Great Room with Fireplace
  • 8 Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sauna
  • Home Gym
  • Lake Views
  • Security Gate

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Wood Stained Kitchen Cabinets
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Double Slip
  • Deck
  • Covered patio or porch
  • Outdoor Fireplace
  • Outdoor Gas Grill

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mcever Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Power Generator
  • Tankless Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08038 001055

Community Details

Overview

  • Cumberland On Lanier Association
  • Secondary HOA Phone (770) 316-4198
  • Cumberland On Lanier Subdivision
  • Rental Restrictions
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,963

Year Built

Built in 2006

Lot Details

0

HOA Fees

$140 per month

Parking

4

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: 2006
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Basement, Double Sided, Great Room, Living Room, Master Bedroom, Outside
  • Number Of Fireplaces: 8
  • Other Equipment: Generator, Home Theater, Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Central Vacuum, Coffered Ceiling(s), Entrance Foyer 2 Story, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, His and Hers Closets, Sauna, Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Kitchen Island, Pantry Walk-In, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Exercise Room, Family Room, Great Room - 2 Story, Media Room
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 8432.00
  • Spa Features: Private
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master
  • Lower Bedrooms: 3
  • Main Bedrooms: 1
  • Total Bathrooms: 8
  • Total Full Baths: 5
  • Total Half Baths: 3
  • Lower Full Bathrooms: 3
  • Main Full Bathrooms: 1
  • Lower Half Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Other Structures: Garage(s)
  • Waterfront Frontage: 428
  • Construction Materials: Brick 4 Sides, Stone
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio
  • Exterior Features: Gas Grill, Private Rear Entry, Private Yard
  • Pool Features: Heated, In Ground
  • View: Lake
  • Pool Private: Yes
  • Foundation: Block

Garage/Parking

  • Carport or Garage: 4
  • Number of Garage Spaces: 4
  • Parking Features: Attached, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Gate, Security Service
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Gated, Lake, Near Schools, Near Shopping, Pool, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1680
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: Colsubdivision@gmail.com
  • Management Phone: 770-316-4198
  • Subdivision Complex: Cumberland on Lanier

Association/Amenities

  • Management Company: Cumberland on Lanier

Schools

  • Elementary School: McEver
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Acres: 0.6700
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level, Private
  • Lot Dimensions: 213 x 421
  • Parcel Number: 08038 001055
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 22963.00
  • Assessor Parcel Number: 08-00038-01-055
  • Close Date: 2021-09-03
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: McEver
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 3, 2021
Sold by
Steinike Renee C
Bought by
Yearty Michael L and Yearty Liv Trust
Seller's Agent
FILSON AND HARRISON
NOT A VALID MEMBER
Buyer's Agent
Joshua Grindle
NOT A VALID MEMBER
List Price
$3,295,000
Sold Price
$3,254,000
Premium/Discount to List
-$41,000
-1.24%
Total Days on Market
3
Current Estimated Value
$3,286,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,941
Avg. Annual Appreciation
0.40%

Purchase Details

Listed on
Aug 6, 2015
Closed on
Oct 19, 2015
Sold by
Rubio Richard J
Bought by
Steinike Edmund R and Steinike Renee C
Seller's Agent
Mary Farkas
PEND Realty, LLC
Buyer's Agent
Trudy Taylor
Virtual Properties Realty.com
List Price
$2,250,000
Sold Price
$2,105,000
Premium/Discount to List
-$145,000
-6.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$1,578,750
Interest Rate
3.93%

Purchase Details

Closed on
Sep 14, 2004
Sold by
Garcia Virgilio N and Garcia Susan J
Bought by
Rubio Richard J and Rubio Carol

Purchase Details

Closed on
Mar 31, 2000
Sold by
Shoreline Development Group Llc
Bought by
Garcia Virgilio N and Garcia Susan J

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
Yearty Michael L $3,254,000 --
Steinike Edmund R $2,105,000 --
Rubio Richard J $575,000 --
Garcia Virgilio N $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steinike Edmund R $1,578,750
Previous Owner Rubio Richard J $417,000
Previous Owner Rubio Richard J $400,000
Previous Owner Garcia Virgilio N $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $3,254,000 -1.2% $386 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $3,295,000 +56.5% $391 / Sq Ft
10/19/2015 10/19/15 Sold $2,105,000 -6.4% $438 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $2,250,000 -- $468 / 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 $32,865 $1,331,060 $409,000 $922,060
2023 $33,462 $1,299,952 $409,000 $890,952
2022 $23,371 $907,624 $168,720 $738,904
2021 $22,870 $871,644 $168,720 $702,924
2020 $22,963 $849,924 $168,720 $681,204
2019 $22,774 $835,364 $168,720 $666,644
2018 $22,785 $808,764 $159,160 $649,604
2017 $22,120 $793,564 $159,160 $634,404
2016 $18,955 $697,004 $159,160 $537,844
2015 $13,943 $508,324 $79,040 $429,284
2014 $13,943 $508,324 $79,040 $429,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6905567

First Multiple Listing Service (FMLS)

APN: 08-00038-01-055