NOT LISTED FOR SALE

5380 Larch Ln Gainesville, GA 30506

Estimated Value: $1,150,000 - $3,067,023

0.84 Acres
$2,755,962 Price per Acre
36,590 Sq Ft Lot

Sale Details

Date Sold: December 13, 2019

Last sale price $650,000

Est. 256% increase in value since last sale

Current estimated payment $14,642 / mo

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

  • 36,590 Sq Ft 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

0.84 Acres

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

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
  • 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
$2,315,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,665,008
Avg. Annual Appreciation
22.11%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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

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 $28,424 $1,180,192 $440,000 $740,192
2024 $28,424 $1,159,108 $440,000 $719,108
2023 $24,192 $982,852 $320,000 $662,852
Source: Public Records

Agents Affiliated with this Home

  • Susan Ayers

    Seller's Agent in 2019

    Susan Ayers

    Clickit Realty

    (678) 344-1600

    28 in this area

    3,548 Total Sales

    Susan Ayers
    Section Image
  • Tom Peters

    Buyer's Agent in 2019

    Tom Peters

    Coldwell Banker Realty

    (678) 663-6522

    33 in this area

    59 Total Sales

    Tom Peters
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6551729

First Multiple Listing Service (FMLS)

APN: 323-101

Georgia Forsyth County Gainesville 30506

5380 Larch Ln, Gainesville, GA

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