NOT LISTED FOR SALE

4995 Letha Dr Gainesville, GA 30506

Estimated Value: $378,000 - $592,000

2 Beds
1 Bath
650 Sq Ft
$741/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $337,500 $519 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,819/month

22 Days on Market

Highlights

  • 355 Feet of Waterfront
  • Covered dock with one slips
  • RV Access or Parking
  • Mount Vernon Elementary School Rated 9+
  • Lake On Lot
  • Deck

About This Home

As of October 2019

PRIVATE BEACH on LEVEL peninsula lake lot! Great Opportunity to own a wonderful lake property with a cozy cabin, 2/1, that is located close to Gainesville, GA HWY 400, shopping and schools. Rent the cabin and build your dream home on this 1.95 acre lot. Includes Single slip covered dock with 32 X 32 sundeck (Trex) and covered parking for 2 jet skis, New well pump, 2 yo septic system, new AC. Access to lake is an easy flat walk or drive. North Hall School District

Last Agent to Sell the Property

Hometown Elaine Black

NOT A VALID MEMBER Listed on: 09/03/2019

Co-Listed By

Elaine Black

Hometown Real Estate Group Incorporated License #268258

Last Buyer's Agent

Bill Tracy

Berkshire Hathaway HomeServices Georgia Properties License #390588

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,052

Year Built

  • Built in 1955

Lot Details

  • 1.95 Acre Lot
  • Lot Dimensions are 261 x 350
  • 355 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Cabin
  • Composition Roof

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Screened Porch
  • Carpet
  • Crawl Space
  • Laundry in Bathroom

Kitchen

  • Electric Oven
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

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

Parking

  • Driveway Level
  • RV Access or Parking

Outdoor Features

  • Covered dock with one slips
  • Lake On Lot
  • Deck

Schools

  • Mount Vernon Elementary School
  • North Hall Middle School
  • North Hall High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • 110 Volts
  • Well
  • Septic Tank

Community Details

  • Elrod Brothers Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 11059 000042

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,052

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Property Condition: Resale
  • Year Built: 1955
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Electric Oven
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 650.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Waterfront Frontage: 355
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Screened
  • Exterior Features: Private Yard

Garage/Parking

  • Parking Features: Driveway, Level Driveway, RV Access/Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Electric
  • Laundry Features: In Bathroom
  • Utilities: Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Elrod Brothers

Lot Info

  • Acres: 1.9500
  • Lot: 31
  • Plat Book: 255
  • Plat Page: 149A
  • Lot Features: Back Yard, Front Yard, Lake On Lot, Level, Private, Wooded
  • Lot Dimensions: 261 x 350
  • Parcel Number: 11059 000042
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2052.00
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Mount Vernon
  • High School: North Hall
  • Middle School: North Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Oct 31, 2019
Sold by
Wessels Wendi Frasier
Bought by
Kent Jonathan and Kent Emily
Seller's Agent
Hometown Elaine Black
NOT A VALID MEMBER
Buyer's Agent
Bill Tracy
Berkshire Hathaway HomeServices Georgia Properties
List Price
$389,000
Sold Price
$337,500
Premium/Discount to List
-$51,500
-13.24%
Current Estimated Value
$481,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,073
Avg. Annual Appreciation
6.02%
Original Mortgage
$270,000
Outstanding Balance
$174,644
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$306,929

Purchase Details

Listed on
Sep 3, 2019
Closed on
Oct 10, 2019
Sold by
Wessels Jeffrey M
Bought by
Wessels Wendi Frasier
Seller's Agent
Hometown Elaine Black
NOT A VALID MEMBER
Buyer's Agent
Bill Tracy
Berkshire Hathaway HomeServices Georgia Properties
List Price
$389,000
Sold Price
$337,500
Premium/Discount to List
-$51,500
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$174,644
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$306,929

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jul 27, 2015
Sold by
Mullican Ewing Teresa Puckett
Bought by
Wessels Jeffrey M and Wessels Wendi Frasier
Seller's Agent
Elaine Black
Hometown Real Estate Group Incorporated
Buyer's Agent
Elaine Black
Hometown Real Estate Group Incorporated
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%

Purchase Details

Closed on
Dec 5, 2013
Sold by
Puckett Latrelle
Bought by
Puckett Puckett Timothy Arnold Timothy Arnold and Puckett Mullican Teresa

Purchase Details

Closed on
Aug 1, 2013

Purchase Details

Closed on
Aug 17, 2011
Sold by
Puckett J B
Bought by
Puckett Latrelle R
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
Kent Jonathan $337,500 --
Wessels Wendi Frasier -- --
Wessels Jeffrey M $199,000 --
Puckett Puckett Timothy Arnold Timothy Arnold -- --
-- $299,000 --
Puckett Latrelle R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kent Jonathan $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2019 10/31/19 Sold $337,500 -13.2% $519 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $389,000 +95.5% $598 / Sq Ft
07/27/2015 07/27/15 Sold $199,000 0.0% $306 / Sq Ft View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $199,000 -- $306 / 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 $3,397 $134,640 $76,040 $58,600
2023 $3,150 $124,640 $76,040 $48,600
2022 $2,888 $109,360 $76,040 $33,320
2021 $2,832 $105,200 $76,040 $29,160
2020 $2,833 $102,160 $76,040 $26,120
2019 $2,577 $91,840 $76,040 $15,800
2018 $2,052 $70,240 $56,880 $13,360
2017 $2,004 $69,280 $56,880 $12,400
2016 $1,957 $69,280 $56,880 $12,400
2015 $565 $57,880 $45,480 $12,400
2014 $565 $40,360 $23,480 $16,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6611952

First Multiple Listing Service (FMLS)

APN: 11-00059-00-042