NOT LISTED FOR SALE

5402 Mount Shores Cir Gainesville, GA 30506

Estimated Value: $106,000 - $175,000

2 Beds
1 Bath
1,586 Sq Ft
$80/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $100,000 $63 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $716/month

62 Days on Market

Highlights

  • Boating
  • Gated Community
  • Community Lake
  • Cartersville Primary School Rated A-
  • Lake View
  • Clubhouse

About This Home

As of May 2022

Cozy Cottage at Lake Lanier's Mount Shores Community! Renovated 2-bedroom with 1-bath would be ideal for a weekend getaway. Freshly painted with new flooring, new range, new water heater, new exterior stairs, updated bath including a new commode, vanity, and mirror. Spacious corner lot for plenty of parking room for you and your guests plus steps away from the community boat ramp with beautiful lake views. Mount Shores is a gated community located on the north end of Lake Lanier, off of Price Rd/Hwy 136 from GA-400. Nearby shopping in Dawsonville & Cumming. A short drive to Dahlonega, Helen, and the surrounding north GA Mountains!

Last Agent to Sell the Property

Path Post Team

Path & Post Real Estate Listed on: 01/31/2022

Co-Listed By

Kimberly Carr

Path & Post Real Estate License #341425

Last Buyer's Agent

Dani Rivas

Berkshire Hathaway HomeServices Georgia Properties License #401355

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15

Year Built

  • Built in 2001

Lot Details

  • 7,301 Sq Ft Lot
  • Property fronts a county road
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Front Yard

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Lake
  • Woods

Home Design

  • Cabin
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,586 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Private Rear Entry
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Parking

  • 3 Parking Spaces
  • Driveway Level

Schools

  • Lanier Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Central Air
  • Heating Available
  • 220 Volts
  • 110 Volts
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 11131B000056

Community Details

Overview

  • Mount Shores Subdivision
  • Rental Restrictions
  • Community Lake

Recreation

  • Boating
  • Powered Boats Allowed

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15

Year Built

Built in 2001

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: MOUNT SHORES LOT 2 B
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Property Condition: Resale
  • Year Built: 2001
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Appliances: Electric Water Heater
  • Interior Amenities: Cathedral Ceiling(s)
  • Kitchen Features: Cabinets Stain
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1586.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Metal
  • Exterior Features: Private Rear Entry, Private Yard
  • View: Lake, Trees/Woods
  • Foundation: Slab

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: In Kitchen, Main Level
  • Utilities: Electricity Available, Phone Available, Sewer Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Boating, Clubhouse, Gated, Homeowners Assoc, Lake, Powered Boats Allowed
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Mount Shores

Lot Info

  • Acres: 0.1676
  • Lot: 2
  • Lot Features: Corner Lot, Front Yard, Level, Wooded
  • Parcel Number: 11131B000056
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 16.00
  • Tax Year: 2020

MLS Schools

  • Elementary School: Lanier
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
May 23, 2022
Sold by
Hudson Tina
Bought by
Corso Arturo
Seller's Agent
Path Post Team
Path & Post Real Estate
Buyer's Agent
Dani Rivas
Berkshire Hathaway HomeServices Georgia Properties
List Price
$189,000
Sold Price
$100,000
Premium/Discount to List
-$89,000
-47.09%
Current Estimated Value
$127,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,396
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
Dec 29, 2015
Closed on
Feb 20, 2016
Sold by
Thomas Gregory Allan
Bought by
Hudson Tina
Seller's Agent
Tim Wilbanks
Waldrip Real Estate
Buyer's Agent
Allison Miliotis
BHHS Georgia Properties
List Price
$69,900
Sold Price
$63,700
Premium/Discount to List
-$6,200
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Aug 13, 2014
Sold by
Wilson Loyal
Bought by
Thomas Gregory A

Purchase Details

Closed on
Dec 1, 2013
Sold by
Kyle Albert
Bought by
Everett Management Llc

Purchase Details

Closed on
Oct 8, 2009
Sold by
Kyle Mary Ann and Kyle Albert
Bought by
Affordable Rides Llc

Purchase Details

Closed on
May 18, 2005
Sold by
Kyle Albert and Picklesimer Ri
Bought by
Kyle Mary Ann and Kyle Albert

Purchase Details

Closed on
Jul 9, 2003
Sold by
Smith George W and Smith Elna R
Bought by
Monroe Bobby
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Corso Arturo $100,000 --
Hudson Tina $63,700 --
Thomas Gregory A $16,300 --
Everett Management Llc -- --
Everett Management Llc -- --
Affordable Rides Llc -- --
Kyle Mary Ann -- --
Monroe Bobby -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2022 05/23/22 Sold $100,000 -28.6% $63 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/25/2022 03/25/22 Price Changed $140,000 -6.7% $88 / Sq Ft
02/18/2022 02/18/22 Price Changed $150,000 -9.1% $95 / Sq Ft
02/11/2022 02/11/22 Price Changed $165,000 -12.7% $104 / Sq Ft
01/31/2022 01/31/22 For Sale $189,000 +196.7% $119 / Sq Ft
02/10/2016 02/10/16 Sold $63,700 -8.9% -- View Prior Sale
02/01/2016 02/01/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $69,900 -- --
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 $15 $600 $600 $0
2023 $10 $600 $600 $0
2022 $15 $600 $600 $0
2021 $16 $600 $600 $0
2020 $16 $600 $600 $0
2019 $34 $1,240 $1,240 $0
2018 $35 $1,240 $1,240 $0
2017 $7 $268 $268 $0
2016 $7 $268 $268 $0
2015 $7 $268 $268 $0
2014 $7 $268 $268 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6991544

First Multiple Listing Service (FMLS)

APN: 11-0131B-00-056