NOT LISTED FOR SALE

5340 Point South Dr Gainesville, GA 30504

Estimated Value: $1,547,000 - $2,894,633

6 Beds
8 Baths
9,218 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 04, 2014

Last sale price $2,050,000 $222 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $14,761/month

311 Days on Market

Highlights

  • 310 Feet of Waterfront
  • Deep Water Access
  • Media Room
  • Covered dock with one slips
  • Second Kitchen
  • Spa

About This Home

As of June 2014

ABSOLUTE PERFECTION ON 1.9 GORGEOUS ACRES WITH YEAR-ROUND SWEEPING, BREATHTAKING LAKE VIEWS. SUPERB FLOOR PLAN, DESIGNED BY SPITZMILLER & MORRIS, OFFERS 6BR/6BA/2HAB. PRIVATE GUEST APARTMENT, HANDSOME EXECUTIVE OFFICE, MASTER SUITE ON MAIN, DINING RM, BUTLER'S PANTRY, CHEF'S KITCHEN W/KEEPING RM & FPLC, SCREENED PORCH, MEDIA & BILLIARDS ROOMS...THE LIST GOES ON! LUSH GARDENS BOAST BEAUTIFUL FOLIAGE; CUSTOM ROCK WALLS ACCENT SPARKLING LAKESIDE POOL. ALWAYS DEEP WATER AT SS DOCK. NO EXPENSE SPARED, NO DETAIL OVERLOOKED. IMPECCABLE. PRISTINE. MAGNIFICENT.

Last Agent to Sell the Property

Brad Abernathy

NOT A VALID MEMBER Listed on: 06/11/2013

Last Buyer's Agent

Dave Rhule

NOT A VALID MEMBER License #158721

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,946

Year Built

  • Built in 1999

Lot Details

  • 310 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Private Lot
  • Irrigation Equipment

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Shingle Siding
  • Stone Siding
  • Cedar

Interior Spaces

  • 9,218 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Rear Stairs
  • Bookcases
  • Beamed Ceilings
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Media Room
  • Home Office
  • Bonus Room
  • Game Room
  • Screened Porch
  • Keeping Room with Fireplace
  • Home Gym
  • Lake Views
  • Security System Owned

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Pool

  • Spa
  • Heated Pool

Outdoor Features

  • Deep Water Access
  • Boat Hoist or Davit
  • Covered dock with one slips
  • Patio
  • Outbuilding
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank

Community Details

  • Pointe South Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 3&4
  • Assessor Parcel Number 5340PointSouthDR

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,946

Year Built

Built in 1999

Lot Details

1.9 Acres

HOA Fees

$72 per month

Parking

4

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Basement, Family Room, Keeping Room
  • Number Of Fireplaces: 4
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Bookcases, Central Vacuum, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Second Kitchen, Breakfast Bar, Cabinets Stain, Stone Counters, Eat-in Kitchen, Kitchen Island, Keeping Room, Pantry Walk-In
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Game Room, Great Room - 1 Story, Living Room, Media Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 9218.00
  • Spa Features: Private
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Sitting Room
  • Lower Bedrooms: 2
  • Main Bedrooms: 2
  • Total Full Baths: 6
  • Total Half Baths: 2
  • Lower Full Bathrooms: 3
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Other Structures: Outbuilding
  • Waterfront Frontage: 310
  • Construction Materials: Cedar, Shingle Siding, Stone
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Front Porch, Patio, Screened
  • Exterior Features: Gas Grill, Rear Stairs
  • Pool Features: Heated
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 4
  • Parking Features: Attached, Detached, Garage, Garage Faces Side

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Lake, Street Lights
  • Association Fee: 860
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-535-2613
  • Subdivision Complex: Pointe South

Lot Info

  • Lot: 3&4
  • Plat Book: PS430
  • Plat Page: 139 A
  • Lot Features: Landscaped, Private
  • Lot Dimensions: 1.9
  • Parcel Number: 5340PointSouthDR
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 4946.00
  • Tax Year: 2012

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: Oakwood
  • High School: West Hall
  • Middle School: West Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2015
Sold by
Loftis William L and Loftis Anna K
Bought by
William L Loftis And Anna K Loftis As Co
Current Estimated Value
$2,417,211

Purchase Details

Listed on
Jun 11, 2013
Closed on
Jun 4, 2014
Sold by
Goeckel Patricia S
Bought by
Loftis William L and Loftis Anna K
Seller's Agent
Brad Abernathy
NOT A VALID MEMBER
Buyer's Agent
Dave Rhule
NOT A VALID MEMBER
List Price
$2,250,000
Sold Price
$2,050,000
Premium/Discount to List
-$200,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%

Purchase Details

Closed on
Oct 7, 2011
Sold by
Goeckel Patricia S
Bought by
Goeckel Patricia S and Goeckel Werner F

Purchase Details

Closed on
Jun 2, 1995
Sold by
The Southlake Group Llc
Bought by
Goeckel Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
William L Loftis And Anna K Loftis As Co -- --
Loftis William L $2,050,000 --
Goeckel Patricia S -- --
Goeckel Karen $184,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2014 06/04/14 Sold $2,050,000 -8.9% $222 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
06/11/2013 06/11/13 For Sale $2,250,000 -- $244 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $25,348 $1,056,880 $485,640 $571,240
2024 $25,753 $1,036,720 $481,240 $555,480
2023 $23,162 $931,600 $403,600 $528,000
2022 $22,394 $863,880 $403,600 $460,280
2021 $16,201 $611,400 $155,240 $456,160
2020 $16,258 $595,840 $155,240 $440,600
2019 $16,119 $585,400 $155,240 $430,160
2018 $15,934 $559,880 $142,400 $417,480
2017 $15,314 $543,760 $142,400 $401,360
2016 $14,941 $543,760 $142,400 $401,360
2015 $4,709 $543,760 $142,400 $401,360
2014 $4,709 $543,760 $142,400 $401,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5158471

First Multiple Listing Service (FMLS)

APN: 08-00088-00-007

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