NOT LISTED FOR SALE

5410 Spinner Ln Gainesville, GA 30506

Estimated Value: $1,143,000 - $1,298,000

5 Beds
5 Baths
5,631 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $1,200,000 $213 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,788/month

56 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Media Room
  • Lake Front
  • Open-Concept Dining Room
  • Gated Community

About This Home

As of September 2024

Fabulous opportunity to own a stunning, extremely well maintained home in the desirable Chestatee Cove development, including a deeded boat slip! (Boat & Lift available separately!) Located in a gated lake community with just under 70 homes, and sited on 1.25 acres in a quiet cul-de-sac setting, this Madison Ranch plan on a full, finished basement is perfect for main level living and is sure to check all your boxes! The spacious front Porch welcomes as you step inside onto gleaming hardwood floors and an open view to the gorgeous family room with its stone fireplace, built-ins and coffered ceilings, the open Dining Room (so great for entertaining), and the gorgeous Kitchen - appreciated by foodies, chefs and guests alike! Double ovens, built-in microwave, expansive kitchen island, beautiful cabinetry and a large customized walk-in Pantry nearby provide everything you need, including loads of storage! A Mud Room and Laundry are conveniently close by! You'll love the large and inviting screened Porch with its cathedral ceilings, roll-down screens, inviting fireplace and TV option - all overlooking a meticulously landscaped, irrigated back yard with new tree plantings, wooded privacy, and gently sloping lawn. A backyard designed to accommodate a pool! What a great place for entertaining and enjoying nature! A separate, open grilling deck is accessible from both the porch, and the Breakfast Nook via sliding doors! Master on Main Bedroom is extremely spacious, with a lovely ensuite and spacious closet! 2 Additional Bedrooms are available close to each other on the main floor, and 1 Bedroom near the front entry is ideal to use as a Home Office! The fantastic Lower Level starts with an open area with LVP flooring, a Wet Bar with oversized sink, cabinetry and granite counters! This could be a studio kitchen, craft and activity area and much more! A huge Media/Living Room is to your right, with another open area (ideal for table games) also leads to the back yard. There is a 5th Bedroom with Bathroom on this level, a small Multipurpose Room, Storage Room, and more! You'll LOVE the huge workout rooms (2) with storage for all your equipment - and your jaw will drop when you see the fantastic Workshop with its granite counter, and double doors to the exterior! The Utility Room also offers 2 x 50 gallon water tanks, so you'll never run out of hot water - no matter how many guests! This floor has SO much space for your enjoyment! The 2 Car Garage has beautiful epoxy flooring, and is extra long and wide to accommodate your vehicles, bikes and storage items and has an indented storage nook for camping supplies, seasonal items and more! The adjoining 3rd Car Garage is ideal for storing a lawn tractor, tools, and your Golf Cart - which you'll need for a short drive down to the community Marina, before setting out on an idyllic sunset cruise of the lake with friends! Boat slip A-3 is included with the sale, as is a boat lift - there are no more slips available!! This gorgeous home won't last long - schedule a showing soon and enjoy the lake sooner than you'd expect!

Last Agent to Sell the Property

Bev Lightfoot

Maximum One Premier Realtors License #297510 Listed on: 06/17/2024

Maximum One Premier Realtors

Last Buyer's Agent

Heather Skoglind

HomeSmart License #280155

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,051

Year Built

  • Built in 2020

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 329x227x385x30
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Irrigation Equipment
  • Wooded Lot
  • Private Yard

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Side Facing Garage

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Farmhouse Style Home
  • Slab Foundation
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Wet Bar
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Recessed Lighting
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Stone Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Home Office
  • Bonus Room
  • Game Room
  • Workshop
  • Screened Porch
  • Home Gym
  • Views of Woods

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 4 Main Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Sink Near Laundry
  • Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Central Living Area

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Covered dock with one slips
  • Shared Dock
  • Deeded Dock Access
  • Deck
  • Outdoor Fireplace
  • Outdoor Gas Grill
  • Rain Gutters

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 11134 000118

Community Details

Overview

  • $1,600 Initiation Fee
  • Heritage Property Mgt Svcs Association
  • Built by Lowe Properties, LLC
  • Chestatee Cove Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Powered Boats Allowed
  • Marina

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,051

Year Built

Built in 2020

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Legal Description: CHESTATEE COVE PH 2 LT 49
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Farmhouse, Ranch
  • Property Condition: Resale
  • Year Built: 2020
  • Accessibility Features: Central Living Area
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 2881.00
  • Below Grade Sq Ft: 131.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Fireplace Features: Factory Built, Family Room, Gas Starter, Outside, Stone
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Coffered Ceiling(s), Crown Molding, Entrance Foyer, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Speed Internet, Low Flow Plumbing Fixtures, Recessed Lighting, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Other, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Basement, Bonus Room, Dining Room, Exercise Room, Game Room, Great Room, Media Room, Office, Workshop
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 5631.00
  • Spa Features: None
  • Window Features: Double Pane Windows
  • Below Grade Finished Sq Ft: 2750.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 4
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding, HardiPlank Type, Stone
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened
  • Exterior Features: Gas Grill, Private Yard, Rain Gutters
  • View: Trees/Woods
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Garage, Garage Faces Front, Garage Faces Side

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Multi Units
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Mud Room, Sink
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Community Features: Community Dock, Gated, Homeowners Assoc, Lake, Marina, Powered Boats Allowed, Sidewalks, Street Lights
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-451-8171
  • Management Company Email: amordecai@heritageproperty.com
  • Subdivision Complex: Chestatee Cove

Association/Amenities

  • Management Company: Heritage Property Mgt Svcs

Lot Info

  • Acres: 1.2500
  • Lot: 49
  • Plat Book: 880
  • Plat Page: 48
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private, Sloped, Wooded
  • Lot Dimensions: 329x227x385x30
  • Parcel Number: 11134 000118
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, Insulation, Lighting
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1600

Tax Info

  • Taxes: 7051.00
  • Tax Year: 2023

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Sep 12, 2024
Sold by
Fish Duane
Bought by
Childress Joseph and Childress Melissa
Seller's Agent
Bev Lightfoot
Maximum One Premier Realtors
Buyer's Agent
Heather Skoglind
HomeSmart
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%
Views
45
Current Estimated Value
$1,229,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,788
Avg. Annual Appreciation
1.95%
Original Mortgage
$250,000
Outstanding Balance
$246,716
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$983,072

Purchase Details

Closed on
Mar 26, 2021
Sold by
Lowe Properties
Bought by
Fish Duane and Fish Vita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,014
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2020
Sold by
Chestatee Cove Partners Llc
Bought by
Lowe Properties Llc

Purchase Details

Closed on
Dec 9, 2019
Sold by
Ellison Heritage Inc
Bought by
Chestatee Cove Partners Llc

Purchase Details

Closed on
Dec 31, 2007
Sold by
Chestatee Cove Llc
Bought by
Ellison Heritage Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Childress Joseph $1,200,000 --
Fish Duane $605,018 --
Lowe Properties Llc $151,000 --
Chestatee Cove Partners Llc $881,000 --
Ellison Heritage Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childress Joseph $250,000
Open Childress Joseph $766,550
Previous Owner Fish Duane $484,014
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $1,200,000 +0.1% $213 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $1,199,000 -4.0% $213 / Sq Ft
06/26/2024 06/26/24 Price Changed $1,249,000 -3.8% $222 / Sq Ft
06/17/2024 06/17/24 For Sale $1,299,000 -- $231 / Sq Ft
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
2025 $2,415 $486,800 $96,960 $389,840
2024 $9,485 $379,600 $77,720 $301,880
2023 $7,752 $296,760 $65,080 $231,680
2022 $5,871 $223,760 $36,560 $187,200
2021 $3,632 $132,200 $36,560 $95,640
2020 $595 $21,920 $21,920 $0
2019 $689 $21,920 $21,920 $0
2018 $709 $39,160 $39,160 $0
2017 $293 $7,200 $7,200 $0
2016 $288 $7,200 $7,200 $0
2015 $252 $7,200 $7,200 $0
2014 $252 $7,200 $7,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7405786

First Multiple Listing Service (FMLS)

APN: 11-00134-00-118