NOT LISTED FOR SALE

5415 Spinnaker Ln Gainesville, GA 30504

Estimated Value: $666,000 - $1,004,000

0.85 Acre
$916,718 Price per Acre
37,026 Sq Ft Lot

Last Sold April 27, 2020

Last sale price $202,000 $35 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $4,685/month

51 Days on Market

Highlights

  • Lake View
  • Mountainous Lot
  • Open Lot
  • Community Lake
  • Community Pool
  • Lot Has A Rolling Slope

About This Lot

As of April 2020

Pointe South subdivision! An exclusive South Lake Exevutive neighborhood. Our loos is your gain! Structurally sound poured wall BSMT, Gunnite heated pool with hot tub surrounded by beautiful flagstone pool deck. Outdoor kitchen, septic tank (1500 gallon), driveway, walkways, underground utilities, landscaping with 9 zone Rain Bird irrigation. All specs on file. Bring your Builder.

Last Agent to Sell the Property

Norman Moolenaar

The Norton Agency License #154662 Listed on: 01/07/2020

The Norton Agency

Last Buyer's Agent

Amanda Reynolds

EXP Realty, LLC. License #377842

EXP Realty, LLC.

Property Details

Property Type

  • Land

Year Built

  • Built in 2003

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 220x196x167x191
  • Open Lot
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Grass Covered Lot
  • Property is zoned R1

HOA Fees

  • $36 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Lake Views
  • Residence on Property

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 08088 000053

Community Details

Overview

  • Pointe South Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Community Spa

Property Details

Property Type

Land

Year Built

Built in 2003

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Restrictions Requirements: Archit Controls, Deed Restrictions
  • Year Built: 2003
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • Other Structures: Residence
  • Lake Name: Lanier
  • View: Lake

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Lake, Pool, Spa/Hot Tub
  • Association Fee: 430
  • Association Fee Frequency: Annually
  • Subdivision Complex: Pointe South

Schools

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

Lot Info

  • Acres: 0.8500
  • Lot: 48
  • Land/Lot: 88
  • Possible Use: Residential
  • Current Zoning: R1
  • Deed Book: 5659
  • Deed Page: 223
  • Current Use: Residential
  • Lot Features: Curbs & Gutters, Mountain Frontage, Rolling Slope, Street Lights
  • Lot Dimensions: 220x196x167x191
  • Parcel Number: 08088 000053
  • Price Acre Dollar: 237647.06
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 5673.00
  • Assessor Parcel Number: 08-00088-00-053
  • Close Date: 2020-04-27
  • Tax Year: 2017

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

Listed on
Jan 7, 2020
Closed on
Apr 27, 2020
Sold by
Mcelvery Arthur
Bought by
Chandler Claude C and Pfunder Adrienne
Seller's Agent
Norman Moolenaar
The Norton Agency
Buyer's Agent
Amanda Reynolds
EXP Realty, LLC.
List Price
$275,000
Sold Price
$202,000
Premium/Discount to List
-$73,000
-26.55%
Current Estimated Value
$779,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,210
Avg. Annual Appreciation
29.97%
Original Mortgage
$509,600
Outstanding Balance
$458,626
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$320,584

Purchase Details

Closed on
Apr 13, 2006
Sold by
Kutay Ronald S and Kutay Deborah W
Bought by
Mcelvery Alison and Mcelvery Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2002
Sold by
Winham Robert J
Bought by
Kutay Ronald S and Kutay Deborah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 1997
Sold by
The Southlake Group Llc
Bought by
Winham Robert J
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
Chandler Claude C $202,000 --
Mcelvery Alison $675,000 --
Kutay Ronald S $75,000 --
Winham Robert J $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandler Claude C $509,600
Previous Owner Mcelvery Alison $618,750
Previous Owner Mcelvery Arthur $250,000
Previous Owner Mcelvery Alison $337,500
Previous Owner Kutay Ronald S $262,000
Closed Winham Robert J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $202,000 -10.2% $35 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $225,000 -18.2% $39 / Sq Ft
01/07/2020 01/07/20 For Sale $275,000 0.0% $48 / Sq Ft
01/25/2017 01/25/17 Rented $4,200 -4.5% --
11/28/2016 11/28/16 Price Changed $4,400 -2.2% $1 / Sq Ft
10/19/2016 10/19/16 For Rent $4,500 +7.1% --
12/28/2015 12/28/15 Rented $4,200 0.0% --
11/28/2015 11/28/15 Under Contract -- -- --
10/21/2015 10/21/15 For Rent $4,200 -- --
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 $6,152 $244,120 $58,040 $186,080
2023 $5,764 $244,120 $58,040 $186,080
2022 $5,105 $294,800 $58,040 $236,760
2021 $5,201 $191,720 $20,840 $170,880
2020 $929 $27,928 $20,840 $7,088
2019 $2,048 $68,835 $20,840 $47,995
2018 $2,070 $67,355 $20,840 $46,515
2017 $5,673 $197,564 $15,920 $181,644
2016 $5,482 $197,564 $15,920 $181,644
2015 $5,520 $197,564 $15,920 $181,644
2014 $5,520 $197,564 $15,920 $181,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6663331

First Multiple Listing Service (FMLS)

APN: 08-00088-00-053