Seller's Agent in 2018
Michael Capo
HomeSmart
(404) 680-6248
37 Total Sales
4951 Letha Dr Gainesville, GA 30506
Estimated Value: $626,000 - $1,204,000
4
Beds
3
Baths
2,753
Sq Ft
$359/Sq Ft
Est. Value
Highlights
- 483 Feet of Waterfront
- Gated Community
- Community Lake
- Mount Vernon Elementary School Rated 9+
- Lake View
- Dining Room Seats More Than Twelve
About This Home
As of January 2018Updated ranch on peninsula lot on quiet part of Lake Lanier! Massive great room with stone fireplace showcases a stunning view of the lake. Tranquil, wooded setting on 2.2 acres gives you an abundance of privacy. Master BR has ensuite bath with connecting sun room. North wing of home has two bedrooms with jack and jill bath. South wing of home features guest BR or possible in-law suite. Kitchen was remodeled in 2013. Next to the garage, there is a cottage which could be used as storage, work shop, art studio, etc. Home is permitted for double slip (32x32) dock!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,423
Year Built
- Built in 1973
Lot Details
- 2.23 Acre Lot
- 483 Feet of Waterfront
- Lake Front
- Cul-De-Sac
- Level Lot
- Garden
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Metal Roof
Interior Spaces
- 2,753 Sq Ft Home
- Bookcases
- Cathedral Ceiling
- Fireplace Features Masonry
- Awning
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Great Room
- Dining Room Seats More Than Twelve
- Formal Dining Room
- Sun or Florida Room
- Screened Porch
- Lake Views
- Crawl Space
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Wood Stained Kitchen Cabinets
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- In-Law or Guest Suite
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
Accessible Home Design
- Accessible Entrance
Outdoor Features
- Deck
- Patio
- Outbuilding
Schools
- Mount Vernon Elementary School
- North Hall Middle School
- North Hall High School
Utilities
- Air Source Heat Pump
- Private Water Source
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 11059 000068
Community Details
Overview
- Elrod Brothers Subdivision
- Community Lake
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2018
Sold by
Wessels Jeffrey M
Bought by
Wessels Wendi Frasier
Current Estimated Value
Purchase Details
Listed on
Nov 15, 2017
Closed on
Jan 5, 2018
Sold by
Wessels Jeffrey M
Bought by
Ocampo Michael B
Seller's Agent
Michael Capo
HomeSmart
Buyer's Agent
GLORIA J DAMIANO
Coldwell Banker Realty
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$484,525
Interest Rate
3.94%
Mortgage Type
VA
Purchase Details
Listed on
Jun 26, 2014
Closed on
Nov 14, 2014
Sold by
Gramling John K
Bought by
Wessels Jeffrey M and Wessels Wendi Frasier
Seller's Agent
INGRID B CLARK
NOT A VALID MEMBER
Buyer's Agent
Michael Capo
HomeSmart
List Price
$425,900
Sold Price
$435,000
Premium/Discount to List
$9,100
2.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$391,500
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2011
Sold by
Wells Fargo Bk Na 2007 & 6
Bought by
Dlugosz Suzanne L and Gramling John
Purchase Details
Closed on
Oct 5, 2010
Sold by
Wilkes Barry and Wilkes Jean
Bought by
Option One Trust 2007 & 6
Purchase Details
Closed on
Mar 4, 2002
Sold by
Wilkes Barry
Bought by
Wilkes Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
10.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 1993
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wessels Wendi Frasier | -- | -- | |
| Ocampo Michael B | $485,000 | -- | |
| Wessels Jeffrey M | $435,000 | -- | |
| Dlugosz Suzanne L | $173,000 | -- | |
| Option One Trust 2007 & 6 | $151,200 | -- | |
| Wilkes Jean | -- | -- | |
| -- | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ocampo Michael B | $484,525 | |
| Previous Owner | Wessels Jeffrey M | $391,500 | |
| Previous Owner | Wilkes Jean | $308,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/05/2018 01/05/18 | Sold | $495,000 | -0.8% | $180 / Sq Ft | |
| 12/07/2017 12/07/17 | Pending | -- | -- | -- | |
| 11/15/2017 11/15/17 | For Sale | $499,000 | +14.7% | $181 / Sq Ft | |
| 11/14/2014 11/14/14 | Sold | $435,000 | +2.1% | $158 / Sq Ft | View Prior Sale |
| 10/15/2014 10/15/14 | Pending | -- | -- | -- | |
| 06/26/2014 06/26/14 | For Sale | $425,900 | -- | $155 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 | $5,747 | $231,828 | $90,160 | $141,668 |
| 2023 | $4,940 | $214,988 | $90,160 | $124,828 |
| 2022 | $5,058 | $195,668 | $90,160 | $105,508 |
| 2021 | $5,044 | $191,548 | $90,160 | $101,388 |
| 2020 | $5,058 | $186,588 | $90,160 | $96,428 |
| 2019 | $4,322 | $185,804 | $90,160 | $95,644 |
| 2018 | $3,641 | $126,684 | $64,360 | $62,324 |
| 2017 | $3,507 | $123,244 | $64,360 | $58,884 |
| 2016 | $3,423 | $123,244 | $64,360 | $58,884 |
| 2015 | $2,329 | $123,244 | $64,360 | $58,884 |
| 2014 | $2,329 | $135,804 | $64,360 | $71,444 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Capo
-
GLORIA J DAMIANO
Buyer's Agent in 2018
GLORIA J DAMIANO
Coldwell Banker Realty
(404) 316-5617
30 Total Sales
-
I
Seller's Agent in 2014
INGRID B CLARK
NOT A VALID MEMBER
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 5927782
APN: 11-00059-00-068
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