NOT LISTED FOR SALE

5305 Bay Cir Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $1,174,000 - $1,652,000

5 Beds
3.5 Baths
3,927 Sq Ft
$368/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $825,000 $210 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,636/month

Highlights

  • 100 Feet of Waterfront
  • Boat Dock
  • Open-Concept Dining Room
  • Chattahoochee Elementary School Rated A
  • Single Slip
  • Home Theater

About This Home

As of October 2020

Charming and Renovated Contemporary Lake Lanier home perfect for part time or full time living. This beautiful home is located on the south end of the lake and is the perfect location for lake living with access to shopping and restaurants. Custom finishes throughout with seasonal views and tons of outdoor space boasting a small private patio off of the terrace level, double rear decks and screened porch. Bright and open floor plan with Master on Main. Completely renovated spacious kitchen including Bosch appliances, large island and beautiful quartz countertops. Master suite on main with fireplace, separate steam shower and closet system. Brand new terrace level bar with ice maker, dishwasher, refrigerator and wine cooler. Easy walk to single slip party dock and long driveway with plenty of extra parking space. HOA fees include swim/tennis and no rental restrictions.

Last Agent to Sell the Property

Jacqueline Powalowski

Sanders RE, LLC License #280086 Listed on: 09/18/2020

Sanders RE, LLC

Last Buyer's Agent

Pamela Evans

Century 21 Results License #338938

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,093

Year Built

  • Built in 1984

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 100x 230x100x232
  • 100 Feet of Waterfront
  • Lake Front
  • Private Entrance
  • Level Lot
  • Private Yard
  • Garden

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cedar

Interior Spaces

  • 3,927 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Skylights
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Fireplace With Gas Starter
  • Insulated Windows
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Open-Concept Dining Room
  • Home Theater
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Party Deck
  • Single Slip
  • Courtyard
  • Deck
  • Patio

Schools

  • Chattahoochee - Forsyth Elementary School
  • Little Mill Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 244 035

Community Details

Overview

  • Southern Property Manageme Association
  • Secondary HOA Phone (770) 535-1020
  • Bay Colony Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Boating
  • Powered Boats Allowed
  • Tennis Courts
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,093

Year Built

Built in 1984

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 1984
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Stone
  • Fireplace Features: Factory Built, Gas Starter, Glass Doors, Great Room, Master Bedroom
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Electric Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Exterior Entry, Finished, Finished Bath, Interior Entry, Partial
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 2 Story, Media Room, Other
  • Dining Room Features: Open Concept
  • Square Footage: 3927.00
  • Spa Features: None
  • Window Features: Insulated Windows, Skylight(s)

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only, Vaulted Ceilings

Exterior Features

  • Waterfront Frontage: 100
  • Construction Materials: Cedar
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Patio, Screened, Side Porch
  • Exterior Features: Courtyard, Garden, Private Front Entry, Private Rear Entry, Private Yard
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Level Driveway, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Community Features: Boating, Community Dock, Fishing, Homeowners Assoc, Lake, Pool, Powered Boats Allowed, Street Lights, Tennis Court(s)
  • Association Fee: 624
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: spm@southernpropertymgt.com
  • Management Phone: 770-535-1020
  • Subdivision Complex: Bay Colony

Association/Amenities

  • Management Company: Southern Property Manageme

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Little Mill
  • High School: Forsyth Central

Lot Info

  • Acres: 0.5300
  • Lot: 18
  • Land/Lot: 287
  • Section G M D: 1
  • Plat Book: 17
  • Plat Page: 293
  • Lot Features: Level
  • Lot Dimensions: 100x 230x100x232
  • Parcel Number: 244 035
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, HVAC
  • Green Energy Generation: None

Tax Info

  • Taxes: 7093.00
  • Assessor Parcel Number: 244-000-035
  • Close Date: 2020-10-29
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth Central
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Hansen Dana Zachary and Hansen Sara Elizabeth
Bought by
Zachary And Sara Hansen Revocable Trust and Hansen
Current Estimated Value
$1,446,129

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 29, 2020
Sold by
Lynch James
Bought by
Hansen Dana Zachary and Hansen Sara Elizabeth
Seller's Agent
Jacqueline Powalowski
Sanders RE, LLC
Buyer's Agent
Pamela Evans
Century 21 Results
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$660,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 31, 2016
Sold by
Tyrnauer Stuart Estate
Bought by
Lynch James
Seller's Agent
LAUREE WATKINS
Century 21 Results
Buyer's Agent
Jacqueline Powalowski
Sanders RE, LLC
List Price
$610,000
Sold Price
$610,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$488,000
Interest Rate
3.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Zachary And Sara Hansen Revocable Trust -- None Listed On Document
Hansen Dana Zachary $825,000 --
Lynch James $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Dana Zachary $660,000
Previous Owner Lynch James $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2020 10/29/20 Sold $825,000 0.0% $210 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $825,000 +35.2% $210 / Sq Ft
05/31/2016 05/31/16 Sold $610,000 0.0% $155 / Sq Ft View Prior Sale
03/18/2016 03/18/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $610,000 -- $155 / 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 $11,004 $517,892 $170,000 $347,892
2024 $11,004 $508,204 $170,000 $338,204
2023 $10,184 $478,144 $136,000 $342,144
2022 $9,533 $320,576 $98,600 $221,976
2021 $8,762 $320,576 $98,600 $221,976
2020 $7,109 $266,876 $87,000 $179,876
2019 $7,093 $265,588 $87,000 $178,588
2018 $7,451 $282,112 $87,000 $195,112
2017 $6,731 $242,508 $87,000 $155,508
2016 $1,057 $185,784 $87,000 $98,784
2015 $1,050 $181,284 $82,500 $98,784
2014 $964 $172,984 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Powalowski

    Seller's Agent in 2020

    Jacqueline Powalowski

    Sanders RE, LLC

    (678) 852-5397

    2 in this area

    28 Total Sales

    Jacqueline Powalowski
    Section Image
  • Pamela Evans

    Buyer's Agent in 2020

    Pamela Evans

    Century 21 Results

    (678) 778-6551

    5 in this area

    80 Total Sales

    Pamela Evans
    Section Image
  • LAUREE WATKINS

    Seller's Agent in 2016

    LAUREE WATKINS

    Century 21 Results

    (678) 642-4510

    5 in this area

    97 Total Sales

    LAUREE WATKINS
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6782423

First Multiple Listing Service (FMLS)

APN: 244-035

Georgia Forsyth County Cumming 30041 Lake Lanier

5305 Bay Cir, Cumming, GA

This home is located at 5305 Bay Cir, Cumming, GA 30041 since 18 September 2020 and is currently estimated at $1,446,129, approximately $368 per square foot. This property was built in 1984. 5305 Bay Cir is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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