NOT LISTED FOR SALE

5419 Mountain Lake Terrace Gainesville, GA 30506

Estimated Value: $88,228 - $144,000

3 Beds
2 Baths
1,104 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 28, 2014

Last sale price $23,814 $22 Per Sq Ft

Est. 396% increase in value since last sale

Current estimated payment $685/month

Highlights

  • Airport or Runway
  • Lake Front
  • Fishing
  • Cartersville Primary School Rated A-
  • Boat Dock
  • Community Lake

About This Home

As of October 2014

True fixer upper mobile home on two lots in Leisure Lake village

Last Agent to Sell the Property

Leah Smith

Gold River Realty, LLC License #307486 Listed on: 08/19/2014

Last Buyer's Agent

Leah Smith

Gold River Realty, LLC License #307486 Listed on: 08/19/2014

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $148

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • Property fronts a private road
  • No Common Walls
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Driveway

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 45&46 / C
  • Assessor Parcel Number 5419MountainLakeTER

Community Details

Overview

  • Leisure Lake Village Subdivision
  • Rental Restrictions
  • Community Lake

Amenities

  • Airport or Runway

Recreation

  • Boat Dock
  • Community Playground
  • Fishing
  • Park

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$148

Year Built

Built in 1988

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mobile
  • Property Condition: Resale
  • Year Built: 1988
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1104.00

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Lake Name: Lanier

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: In Kitchen

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Airport/Runway, Community Dock, Fishing, Homeowners Assoc, Lake, Park, Playground, Street Lights
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Leisure Lake Village

Lot Info

  • Lot: 45&46
  • Lot Features: Level
  • Lot Dimensions: .22
  • Parcel Number: 5419MountainLakeTER
  • Property Attached Yn: No

Tax Info

  • Taxes: 81.00
  • Tax Year: 2013

Multi Family

  • Waterfront Features: Lake

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Oct 28, 2014
Sold by
Richardson Brian S
Bought by
Rugg Danny
Seller's Agent
Leah Smith
Gold River Realty, LLC
Buyer's Agent
Leah Smith
Gold River Realty, LLC
List Price
$18,900
Sold Price
$23,814
Premium/Discount to List
$4,914
26%
Current Estimated Value
$118,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,262
Avg. Annual Appreciation
15.67%
Original Mortgage
$23,814
Outstanding Balance
$18,312
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$99,764

Purchase Details

Closed on
Sep 10, 2013

Purchase Details

Closed on
Nov 18, 2008
Sold by
Richardson Brian S
Bought by
Reeves Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,582
Interest Rate
5.89%
Mortgage Type
Trade

Purchase Details

Closed on
Sep 27, 2007
Sold by
Richardson Brian Scott
Bought by
Richardson Brian S

Purchase Details

Closed on
Sep 11, 2005
Sold by
Blackburn Thomas D
Bought by
Richardson Brian S

Purchase Details

Closed on
Oct 1, 2002
Sold by
Palmer Lisa and Palmer Steve
Bought by
Blackburn Thomas D

Purchase Details

Closed on
Oct 6, 2000
Sold by
Johnson Jerry W
Bought by
Brooks James H

Purchase Details

Closed on
Dec 1, 1996
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
Rugg Danny $23,900 --
Rugg Danny L $23,814 --
-- $19,500 --
Reeves Joseph $45,000 --
Richardson Brian S -- --
Richardson Brian S $22,000 --
Blackburn Thomas D -- --
Brooks James H $7,500 --
-- $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rugg Danny L $23,814
Closed Rugg Danny $23,814
Previous Owner Reeves Joseph $45,582
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2014 12/22/14 Pending -- -- --
12/01/2014 12/01/14 Off Market $23,500 -- --
10/28/2014 10/28/14 Sold $23,814 +1.3% $22 / Sq Ft
10/24/2014 10/24/14 Sold $23,500 +27.0% -- View Prior Sale
10/09/2014 10/09/14 For Sale $18,500 -21.3% --
10/02/2014 10/02/14 Pending -- -- --
10/01/2014 10/01/14 Off Market $23,500 -- --
09/23/2014 09/23/14 For Sale $18,500 -2.1% --
08/19/2014 08/19/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $18,900 -- $17 / 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
2024 $148 $6,000 $4,000 $2,000
2023 $154 $6,000 $4,000 $2,000
2022 $154 $6,000 $4,000 $2,000
2021 $157 $6,000 $4,000 $2,000
2020 $162 $6,000 $4,000 $2,000
2019 $171 $6,280 $4,280 $2,000
2018 $169 $6,000 $4,000 $2,000
2017 $163 $6,000 $4,000 $2,000
Source: Public Records

Agents Affiliated with this Home

  • Leah Smith

    Seller's Agent in 2014

    Leah Smith

    GOLD RIVER REALTY

    (678) 446-6825

    133 Total Sales

    Leah Smith
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5334018

First Multiple Listing Service (FMLS)

APN: 11-0131A-01-080

Georgia Hall County Gainesville 30506

5419 Mountain Lake Terrace, Gainesville, GA

Not Listed for Sale

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