NOT LISTED FOR SALE

5332 Point Dr S Gainesville, GA 30504

Estimated Value: $2,270,000 - $2,737,000

5 Beds
7.5 Baths
7,702 Sq Ft
$319/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $2,350,000 $305 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,655/month

107 Days on Market

Highlights

  • 215 Feet of Waterfront
  • Second Kitchen
  • Lake View
  • 2 Boat Docks
  • Home Theater
  • Community Lake

About This Home

As of September 2023

LAKE LANIER'S MOST SOUGHT AFTER SOUTH LAKE LOCATION, "POINTE SOUTH"! One of Lake Lanier's most private and elegant communities with PRIVATE DOCKS! A unique and rare opportunity to own this elegant lake front home in "Pointe South". Close proximity to marinas and lake dining by boat, and close to Flowery Branch/Buford shopping and local restaurants. ENJOY MAGNIFICENT year-round south lake VIEWS and a short, gentle walk to the private deep water twin slip party dock. Wonderful privacy and serene setting. This beautiful well-built and maintained home has over 4400 +/- square feet on the main level, with spacious rooms and lifted ceilings. Walkout to the main level stone patio with fireplace, and porch leading directly to the lake. The main floor features hardwood floors, a two story foyer with grand winding staircase. Rooms include a formal study, spacious open concept great room and dining room, kitchen with stainless appliances, gas cooktop, and island, open to fireside keeping room and breakfast room. The owner's suite features a sitting room with fireplace, with French doors to patio, vaulted bathroom with skylights, large shower, whirlpool tub, and large custom closet off the laundry room. In addition, there is a second main level ensuite. The finished daylight terrace level has a spacious family and recreation room, open to a second kitchen, fitness room, plus three ensuites. The upstairs has a secret bonus room perfect for an office, craft room, or play room. 8 exterior cameras, including one at the dock to stay. HOA and covenants. Senior school tax credit exemption at 70 in Hall County.

Last Agent to Sell the Property

Sheila Davis

The Norton Agency License #244784 Listed on: 05/17/2023

The Norton Agency

Last Buyer's Agent

Sheila Davis

The Norton Agency License #244784 Listed on: 05/17/2023

The Norton Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,325

Year Built

  • Built in 1998

Lot Details

  • 0.84 Acre Lot
  • 215 Feet of Waterfront
  • Lake Front
  • Sprinkler System
  • Partially Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Composition Roof
  • Stone Siding
  • Stucco
  • Stone

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 5 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Library
  • Bonus Room
  • Game Room
  • Home Gym
  • Lake Views
  • Expansion Attic
  • Home Security System

Kitchen

  • Second Kitchen
  • Built-In Double Convection Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking

Outdoor Features

  • 2 Boat Docks
  • Deck
  • Patio
  • Outdoor Fireplace

Location

  • Property is near schools
  • Property is near shops

Schools

  • Oakwood Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Pointe South Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,325

Year Built

Built in 1998

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • District: 8
  • Year Built: 1998
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .84
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 2
  • Total Finished Area2: 7702
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Convection Oven, Cooktop, Dishwasher, Double Oven, Ice Maker, Microwave, Oven (Wall), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Concrete, Daylight, Finished, Full
  • Below Grade Finished Sq Ft: 2735
  • Total Finished Sq Ft: 4967
  • Unfinished Below Grade Sq Ft: 510
  • Above Grade Finished Sq Ft: 4967
  • Interior Amenities: Attic Expandable, Bookcases, Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Double Vanity, Two Story Foyer, Separate Shower, Whirlpool Bath, In-Law Floorplan, Master On Main Level
  • Feature Name: Lanier
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Master Bedroom, Outside
  • Flooring: Hardwood, Tile, Vinyl
  • Kitchen Features: Breakfast Room, Kitchen Island, Pantry, Second Kitchen, Solid Surface Counters
  • Price Per Square Foot: 305.12

Beds/Baths

  • Lower Level Full Bathrooms: 4
  • Main Level Full Bathrooms: 3
  • Bedroom Lower Level: 3
  • Bedroom Main Level: 2

Exterior Features

  • Waterfront Frontage: 215
  • Common Walls: No Common Walls
  • Construction Materials: Stone, Stucco
  • ExteriorFeatures: Sprinkler System, Dock
  • Lot Features: Other
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Lake

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level, Side/Rear Entrance

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Other
  • Security Features: Security System
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 500
  • Association: Yes
  • Community Features: Lake, Street Lights, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oakwood
  • High School: West Hall
  • High School Bus: Yes
  • Middle School: West Hall
  • Middle School Bus: Yes
  • Elementary School: Oakwood
  • Middle School: West Hall
  • High School: West Hall

Lot Info

  • Land Lot: 78
  • Lot: 2
  • Plat Book: 510
  • Plat Page: 188A

Multi Family

  • Total Fireplaces: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 12325

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Tuers Gary Frank
Bought by
Tuers Family Trust and Tuers Gary F
Current Estimated Value
$2,459,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,000
Outstanding Balance
$761,006
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$1,577,597

Purchase Details

Listed on
May 17, 2023
Closed on
Sep 29, 2023
Sold by
Tuers Gary F
Bought by
Tuers Family Trust Uta and Tuers Gary F Tr
Seller's Agent
Sheila Davis
The Norton Agency
Buyer's Agent
Sheila Davis
The Norton Agency
List Price
$2,750,000
Sold Price
$2,350,000
Premium/Discount to List
-$400,000
-14.55%
Views
154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%
Original Mortgage
$1,500,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2006
Sold by
Gwinnett Banking Company
Bought by
Park Sunny K and Park Kay H C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2006
Sold by
Taylor Stanley G
Bought by
Gwinnett Banking Company

Purchase Details

Closed on
Apr 14, 1997
Sold by
The Southlake Group Llc
Bought by
Taylor Stanley G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.69%
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
Tuers Family Trust -- --
Tuers Gary Frank -- --
Tuers Family Trust Uta -- --
Tuers Gary Frank $2,350,000 --
Park Sunny K $1,500,000 --
Park Sunny K $1,300,000 --
Gwinnett Banking Company $1,200,000 --
Taylor Stanley G $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuers Gary Frank $763,000
Previous Owner Park Sunny K $1,500,000
Previous Owner Park Sunny K $900,000
Previous Owner Park Sunny K $971,000
Previous Owner Park Sunny K $1,000,000
Previous Owner Taylor Stanley G $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $2,350,000 -5.8% $305 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $2,495,000 -9.3% $324 / Sq Ft
05/17/2023 05/17/23 For Sale $2,750,000 -- $357 / 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 $22,952 $925,120 $359,600 $565,520
2023 $16,123 $646,280 $237,640 $408,640
2022 $12,325 $627,200 $254,640 $372,560
2021 $12,557 $472,400 $97,920 $374,480
2020 $12,620 $461,040 $97,920 $363,120
2019 $12,523 $453,400 $97,920 $355,480
2018 $12,365 $433,080 $89,840 $343,240
2017 $12,032 $425,920 $89,840 $336,080
2016 $11,740 $425,920 $89,840 $336,080
2015 $11,829 $425,920 $89,840 $336,080
2014 $11,829 $425,920 $89,840 $336,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10160610

Georgia MLS

APN: 08-00088-00-006