NOT LISTED FOR SALE

5380 Larch Ln Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $1,178,000 - $3,006,637

0.84 Acre
$2,779,221 Price per Acre
36,590 Sq Ft Lot

Last Sold December 13, 2019

Last sale price $650,000

Est. 259% increase in value since last sale

Current estimated payment $14,758/month

175 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Lake View
  • Wooded Lot
  • Chestatee Elementary School Rated A-

About This Lot

As of December 2019

Possibly the best Lake Lanier lot available for building your dream home! Desirable Forsyth County location and schools. Fabulous 2-mile, south-facing, deep water, year-round view. Almost an acre, with 200 ft. of Corps frontage. Permitted for the largest allowable 32 x 32 dock. Secluded and private cul-de-sac. Convenient access to both GA 400 and I-985. Area of high-end, $ million+ houses.

Last Agent to Sell the Property

Susan Ayers

Clickit Realty License #347205 Listed on: 05/11/2019

Last Buyer's Agent

Tom Peters

Coldwell Banker Realty License #270702

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,646

Lot Details

  • 0.84 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R2R

Property Views

  • Lake Views

Schools

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

Community Details

  • Lanier Forest Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 323 101

Property Details

Property Type

Land

Est. Annual Taxes

$4,646

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Undeveloped/Zoned Residential
  • Property Condition: Resale
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Waterfront Frontage: 200
  • Lake Name: Lanier
  • View: Lake

Condo/Co-op/Association

  • Subdivision Complex: Lanier Forest

Schools

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

Lot Info

  • Acres: 0.8400
  • Lot: 19
  • Possible Use: Residential
  • Current Zoning: R2R
  • Current Use: Residential
  • Lot Features: Sloped
  • Lot Dimensions: 00x00
  • Parcel Number: 323 101
  • Price Acre Dollar: 773809.52
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 4646.00
  • Assessor Parcel Number: 323-000-101
  • Close Date: 2019-12-13
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2019
Closed on
Dec 13, 2019
Sold by
Morris Clyde Y
Bought by
A & A Painting Cleaning & Turnkey Svcs Inc
Seller's Agent
Susan Ayers
Clickit Realty
Buyer's Agent
Tom Peters
Coldwell Banker Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$2,334,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,684,546
Avg. Annual Appreciation
26.07%

Purchase Details

Closed on
May 30, 2002
Sold by
Heap Kenneth L
Bought by
Morris Clyde Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
A & A Painting Cleaning & Turnkey Svcs Inc $650,000 --
Morris Clyde Y $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Clyde Y $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $650,000 -5.7% --
11/02/2019 11/02/19 Pending -- -- --
09/04/2019 09/04/19 Price Changed $689,000 -1.4% --
05/11/2019 05/11/19 For Sale $699,000 -- --
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
2024 $28,424 $1,159,108 $440,000 $719,108
2023 $24,192 $982,852 $320,000 $662,852
2022 $9,081 $258,044 $240,000 $18,044
2021 $7,126 $258,044 $240,000 $18,044
2020 $7,126 $258,044 $240,000 $18,044
2019 $4,646 $168,000 $168,000 $0
2018 $2,489 $90,000 $90,000 $0
2017 $2,498 $90,000 $90,000 $0
2016 $2,498 $90,000 $90,000 $0
2015 $2,502 $90,000 $90,000 $0
2014 $2,383 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Ayers

    Seller's Agent in 2019

    Susan Ayers

    Clickit Realty

    (678) 344-1600

    6 in this area

    4,176 Total Sales

    Susan Ayers
    Section Image
  • Tom Peters

    Buyer's Agent in 2019

    Tom Peters

    Coldwell Banker Realty

    (678) 663-6522

    16 in this area

    56 Total Sales

    Tom Peters
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6551729

First Multiple Listing Service (FMLS)

APN: 323-101

Georgia Forsyth County Gainesville 30506 Lake Lanier

5380 Larch Ln, Gainesville, GA

This home is located at 5380 Larch Ln, Gainesville, GA 30506 since 11 May 2019 and is currently estimated at $2,334,546. 5380 Larch Ln is a home located in Forsyth County with nearby schools including Chestatee Elementary School and Little Mill Middle School.

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