$465,000
SOLD FEB 21, 2020

5140 Chestatee Heights Rd Gainesville, GA 30506

Lake Lanier Neighborhood
3 Beds
4 Baths
3,135 Sq Ft
1.09 Acres

Recently Sold

$148 Per Sq Ft

2% Below List Price

Highlights

  • 141 Feet of Waterfront
  • Single Slip
  • Lake View
  • Chestatee Elementary School Rated A-
  • Open-Concept Dining Room
  • Community Lake

About This Home

As of May 2024

A Rare Find on Lake Lanier! Stunning Lakefront Log Home nestled on 1.09 acres, Single Slip Covered Dock, Paved Driveway, 3 Levels of Balconies and Decks with Amazing Lake Views, Separate Detached Heated & Cooled Workshop, Additional Shed for Storage, Open Kitchen include: Wood Cabinetry, Granite Counter tops, Viking Stove, Oversized Center Island & Separate Breakfast area, Two Story Light Filled Great Room with Stone Fireplace, Hart Pine Flooring, Wood Beams throughout, Spectacular Master Suite with Loft area and Balcony. Newly Renovated/Finished Terrace Level is currently used as a Recreation/music room, with Built-In Bookcases & Half Bath,Water heater 2018, HVAC replaced 2015, newer roof, Septic system serviced 2019. Great Air BNB, Vacation Home or Full Time Lake Living.
Upper lot has newer workshop with power, heated and cooled, shed, and space for parking trailers, extra cars, or having a nice garden. Deeded dock w/covered slip and medium depth water.

Last Agent to Sell the Property

Debbie Leonard Mayer

Keller Williams Realty Peachtree Rd. License #245809 Listed on: 01/12/2020

Keller Williams Realty Peachtree Rd.

Co-Listed By

Stephanie Purrington

Keller Williams Realty Intown ATL License #270262

Last Buyer's Agent

Kim Ballew

Berkshire Hathaway HomeServices Georgia Properties License #219813

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $961

Year Built

  • Built in 1995

Lot Details

  • 1.09 Acre Lot
  • 141 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Steep Slope
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Drive Under Main Level

Home Design

  • Country Style Home
  • Rustic Architecture
  • Shingle Roof
  • Composition Roof
  • Log Siding

Interior Spaces

  • 3,135 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Beamed Ceilings
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Insulated Windows
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • Loft
  • Bonus Room
  • Workshop
  • Screened Porch
  • Lake Views
  • Laundry on lower level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Pine Flooring
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Shower Only

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Garage Access
  • Finished Basement Bathroom

Home Security

  • Security Lights
  • Fire and Smoke Detector

Accessible Home Design

  • Grip-Accessible Features
  • Stair Lift
  • Accessible Approach with Ramp

Outdoor Features

  • Single Slip
  • Covered dock with one slips
  • Balcony
  • Deck
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • 220 Volts in Workshop
  • 110 Volts
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 323 114

Community Details

Overview

  • Lanier Forest Subdivision
  • Community Lake

Recreation

  • Powered Boats Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$961

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Country, Rustic
  • Property Condition: Resale
  • Year Built: 1995
  • Accessibility Features: Accessible Approach with Ramp, Grip-Accessible Features, Stair Lift
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Pine
  • Fireplace Features: Great Room, Masonry, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Bookcases, Double Vanity, High Ceilings 10 ft Lower, High Speed Internet, Low-Flow Fixtures, Walk-In Closet(s)
  • Basement: Driveway Access, Exterior Entry, Finished, Finished Bath, Interior Entry, Partial
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 2 Story, Loft, Workshop
  • Dining Room Features: Great Room, Open Concept
  • Square Footage: 3135.00
  • Spa Features: None
  • Window Features: Insulated Windows, Skylight(s)

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Main Full Bathrooms: 1
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only, Vaulted Ceilings

Exterior Features

  • Other Structures: Outbuilding, Workshop
  • Waterfront Frontage: 141
  • Construction Materials: Log
  • Roof Type: Composition, Shingle
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened, Wrap Around
  • Exterior Features: Balcony
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Covered, Drive Under Main Level, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Lower Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: 110 Volts, 220 Volts, 220 Volts in Workshop

Condo/Co-op/Association

  • Community Features: Lake, Powered Boats Allowed, Street Lights
  • Association Fee Frequency: Annually
  • Subdivision Complex: Lanier Forest

Schools

  • Elementary School: Chestatee
  • Middle School: Little Mill
  • High School: North Forsyth

Lot Info

  • Acres: 1.0900
  • Lot: 28
  • Land/Lot: 1376
  • Section G M D: 1
  • Deed Book: 8912
  • Deed Page: 754
  • Plat Book: 35
  • Plat Page: 257
  • Lot Features: Steep Slope, Wooded
  • Lot Dimensions: x 159
  • Parcel Number: 323 114
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 961.00
  • Assessor Parcel Number: 323-000-114
  • Close Date: 2020-02-21
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

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
$796,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,322
Avg. Annual Appreciation
0.88%
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

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $787,500 None Listed On Document
Warranty Deed $465,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $689,000 New Conventional
Closed $669,375 New Conventional
Previous Owner $372,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $127,000 Stand Alone Second
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: 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
2025 $7,418 $314,660 $187,000 $127,660
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: First Multiple Listing Service (FMLS)

MLS Number: 6657438

First Multiple Listing Service (FMLS)

APN: 323-114