NOT LISTED FOR SALE

5140 Chestatee Heights Rd Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $801,000 - $829,951

3 Beds
4 Baths
2,157 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $787,500 $365 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,160/month

36 Days on Market

Highlights

  • Lake Front
  • 1 Boat Dock
  • Deck
  • Chestatee Elementary School Rated A-
  • Community Lake
  • Private Lot

About This Home

As of May 2024

Experience tranquility in this lakeside sanctuary boasting breathtaking views and a private boat dock nestled on 1.09 acres in a serene cove just off the main water. Conveniently located within commuting distance of North Atlanta and offering easy access to both Downtown Gainesville as well as Dawsonville premiere shopping and restaurants, this haven is a short boat ride to Port Royale Marina and Gainesville Marina. Centrally positioned on Lake Lanier, relish in the luxury of exploring both the northern and southern ends of the lake. This log home epitomizes the ideal weekend retreat or full-time paradise, featuring modern amenities and rustic charm. With an open concept layout, exposed beams, soaring ceilings, and a stone fireplace, the ambiance is both cozy and inviting. The kitchen, a haven for entertainers, boasts stone countertops, a Viking range, and a conveniently situated screened in grilling area adjacent to the kitchen. The expansive master suite offers vaulted ceilings, a walk-in closet, a remodeled bathroom, and a loft area with a private outdoor balcony. Accommodating family and friends, the main level and lower basement level provide separate bedroom and bathroom options. With access to decks on all levels, outdoor enjoyment is effortlessly integrated into daily living. Whether playing on the lake, fishing from the dock, or stargazing around the fire pit, this property offers endless opportunities for leisure. Ideal for remote work or year-round escapades, this retreat provides a perfect balance of seclusion and proximity to amenities. Additional features include an outbuilding, a storage shed, extra parking, and terraced levels for lawn games and gardens. MANY UPDATES: New septic (2020), Remodeled master and main level full baths (2020), New LVP flooring and carpet (2020), New water heater (2018), New HVAC (2015)

Last Agent to Sell the Property

Kim Ballew

BHHS Georgia Properties License #219813 Listed on: 03/05/2024

BHHS Georgia Properties

Last Buyer's Agent

Emily Sanders

Atlanta InTown Real Estate License #326107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 1995

Lot Details

  • 1.09 Acre Lot
  • Lake Front
  • Private Lot
  • Steep Slope
  • Wooded Lot

Home Design

  • Composition Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Bay Window
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity

Finished Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Drive Under Main Level

Outdoor Features

  • 1 Boat Dock
  • Balcony
  • Deck
  • Outbuilding

Location

  • Property is near schools
  • Property is near shops

Schools

  • Chestatee Primary Elementary School
  • Little Mill Middle School
  • East Forsyth High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Septic Tank
  • High Speed Internet
  • Phone Available

Community Details

  • No Home Owners Association
  • Lanier Forest Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,125

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 14TH
  • Section: 1ST
  • Year Built: 1995
  • Lower Level Half Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: 1.09
  • Other Sturctures: Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 1
  • Total Finished Area2: 2157
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Bath Finished, Concrete, Daylight, Exterior Entry, Finished, Interior Entry
  • Below Grade Finished Sq Ft: 381
  • Total Finished Sq Ft: 1776
  • Above Grade Finished Sq Ft: 1776
  • Interior Amenities: Beamed Ceilings, Double Vanity, High Ceilings, Two Story Foyer, Vaulted Ceiling(s), Walk-In Closet(s)
  • Feature Name: Lanier
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplace Features: Family Room, Masonry
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Bay Window(s)
  • Price Per Square Foot: 365.090

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Log
  • ExteriorFeatures: Balcony, Dock
  • Lot Features: Private, Steep Slope
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake

Garage/Parking

  • Parking Features: Attached, Basement, Garage, Garage Door Opener, Side/Rear Entrance
  • ParkingTotal: 4

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Chestatee Primary
  • High School: East Forsyth
  • High School Bus: Yes
  • Middle School: Little Mill
  • Middle School Bus: Yes
  • Elementary School: Chestatee Primary
  • Middle School: Little Mill
  • High School: East Forsyth

Lot Info

  • Land Lot: 1376
  • Lot: 28
  • Deed Book: 9232
  • Deed Page: 176
  • Plat Book: 35
  • Plat Page: 257

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6125

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
May 10, 2024
Sold by
Foshaug Jason
Bought by
Canning Matthew and Canning Shala
Seller's Agent
Kim Ballew
BHHS Georgia Properties
Buyer's Agent
Emily Sanders
Atlanta InTown Real Estate
List Price
$800,000
Sold Price
$787,500
Premium/Discount to List
-$12,500
-1.56%
Views
84
Current Estimated Value
$815,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,988
Avg. Annual Appreciation
3.20%
Original Mortgage
$669,375
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2020
Closed on
Feb 21, 2020
Sold by
Maher Betty Jean
Bought by
Foshaug Jason
Seller's Agent
Debbie Leonard Mayer
Keller Williams Realty Peachtree Rd.
Buyer's Agent
Kim Ballew
Berkshire Hathaway HomeServices Georgia Properties
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%
Original Mortgage
$372,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2019
Sold by
Maher Paul Joseph
Bought by
Maher Betty Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Canning Matthew $787,500 None Listed On Document
Foshaug Jason $465,000 --
Maher Betty Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canning Matthew $689,000
Closed Canning Matthew $669,375
Previous Owner Foshaug Jason $372,000
Previous Owner Maher Betty Jean $200,000
Previous Owner Maher Paul J $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $787,500 -1.6% $365 / Sq Ft
03/05/2024 03/05/24 For Sale $800,000 +72.0% $371 / Sq Ft
02/21/2020 02/21/20 Sold $465,000 -2.1% $148 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/12/2020 01/12/20 For Sale $475,000 -- $152 / Sq Ft
Source: Georgia MLS

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 $7,418 $302,500 $187,000 $115,500
2023 $5,665 $230,140 $136,000 $94,140
2022 $6,570 $186,000 $119,320 $66,680
2021 $5,136 $186,000 $119,320 $66,680
2020 $5,067 $183,492 $120,000 $63,492
2019 $978 $171,092 $108,000 $63,092
2018 $961 $143,648 $90,000 $53,648
2017 $967 $138,052 $90,000 $48,052
2016 $912 $120,052 $72,000 $48,052
2015 $912 $120,052 $72,000 $48,052
2014 $836 $116,240 $72,000 $44,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10261998

Georgia MLS

APN: 323-114