NOT LISTED FOR SALE

5434 Spinnaker Ln Gainesville, GA 30504

Estimated Value: $1,272,391 - $1,494,000

7 Beds
7 Baths
-- Sq Ft
1.48 Acres

Last Sold April 29, 2015

Last sale price $616,685

Est. 125% increase in value since last sale

Current estimated payment $7,716/month

Highlights

  • Lake Front
  • Home Theater
  • Fishing
  • Second Kitchen
  • Heated In Ground Pool
  • Sauna

About This Home

As of April 2015

GREAT LOCATION!CLOSE TO EVERYTHING.ENJOY BEING IN A LAKE COMMUNITY WITH A HUGE LAP POOL. VERY PRIVATE COMMUNITY, THEATRE ROOM, 2 KITCHENS, INCREDIBLE LANDSCAPING,SHOWCASE GARAGE BUILT BY RACE CAR DRIVER. UPGRADED KITCHEN, STEAM SHOWER IN MASTER BATH, VERY OWN MASSAGE ROOM! 2 LAUNDRY ROOMS. HOME SIZE IS LARGER THAN INDICATED IN TAX RECORDS.

Last Agent to Sell the Property

Patricia Thompson

Keller Williams North Atlanta License #333756 Listed on: 11/09/2012

Keller Williams North Atlanta

Last Buyer's Agent

Cynthia Cox

Keller Williams Lanier Partners License #177264

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $667

Year Built

  • Built in 2004

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Private Lot

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Screened Porch
  • Sauna
  • Home Gym
  • Wood Flooring
  • Intercom

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Boat door in Basement
  • Laundry in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 40, 41
  • Assessor Parcel Number 5434SPINNAKERLN

Community Details

Overview

  • Pointe South Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$667

Year Built

Built in 2004

Lot Details

0

HOA Fees

$72 per month

Parking

4

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Log, Living Room, Master Bedroom
  • Number Of Fireplaces: 2
  • Other Equipment: Intercom
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, ENERGY STAR Qualified Appliances, Microwave, Self Cleaning Oven, Trash Compactor
  • Interior Amenities: Bookcases, Central Vacuum, Double Vanity, High Ceilings 9 ft Lower, High Ceilings 10 ft Main, Sauna
  • Basement: Bath/Stubbed, Boat Door, Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Second Kitchen, Breakfast Bar, Cabinets Stain, Stone Counters, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Great Room - 1 Story, Media Room, Office
  • Dining Room Features: Separate Dining Room
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 7
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Lower Bedrooms: 3
  • Main Bedrooms: 3
  • Total Full Baths: 5
  • Total Half Baths: 2
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 3
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Stone, Stucco
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Patio, Screened
  • Pool Features: Gunite, Heated, In Ground

Garage/Parking

  • Carport or Garage: 4
  • Number of Garage Spaces: 4
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: In Basement

Condo/Co-op/Association

  • Community Features: Fishing, Homeowners Assoc, Lake
  • Association Fee: 860
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: POINTE SOUTH

Schools

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

Lot Info

  • Lot: 40, 41
  • Deed Book: 5764
  • Deed Page: 315
  • Plat Page: 510
  • Lot Features: Cul-De-Sac, Private
  • Lot Dimensions: 1.48 ACRES
  • Parcel Number: 5434SPINNAKERLN
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 667.00
  • Assessor Parcel Number: 08-0088-00-045
  • Close Date: 2015-04-29
  • Tax Year: 2011

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: 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
Nov 9, 2012
Closed on
Apr 29, 2015
Sold by
Logue E Kenneth
Bought by
Cox Ronald Lucian and Cox Cynthia
Seller's Agent
Patricia Thompson
Keller Williams North Atlanta
Buyer's Agent
Cynthia Cox
Keller Williams Lanier Partners
List Price
$750,000
Sold Price
$616,685
Premium/Discount to List
-$133,315
-17.78%
Current Estimated Value
$1,387,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,413
Avg. Annual Appreciation
8.05%
Original Mortgage
$417,000
Outstanding Balance
$322,635
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,064,464

Purchase Details

Closed on
Jul 11, 2006
Sold by
Borcheller Terry and Borcheller Tracy
Bought by
Logue E Kenneth and Logue Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2002
Sold by
Slaton Hastin and Slaton Christie
Bought by
Borcheller Terry and Borcheller Tracy

Purchase Details

Closed on
Apr 12, 2001
Sold by
Suntrust Bank
Bought by
Slaton Hastin and Slaton Christie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2000
Sold by
Kiriakidis Anastassios
Bought by
Suntrust Bank

Purchase Details

Closed on
Dec 1, 1996

Purchase Details

Closed on
Apr 28, 1995
Sold by
The Southlake Group Llc
Bought by
Kirlakidis Anastassios
Source: Public Records

Range of Values:

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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
Cox Ronald Lucian $616,685 --
Logue E Kenneth $950,000 --
Borcheller Terry $60,000 --
Slaton Hastin $44,500 --
Suntrust Bank $57,600 --
-- $8,000 --
Kirlakidis Anastassios $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Ronald Lucian $417,000
Closed Cox Ronald Lucian $137,399
Previous Owner Logue E Kenneth $350,000
Previous Owner Slaton Hastin $44,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2015 04/29/15 Sold $616,685 -17.8% --
03/30/2015 03/30/15 Pending -- -- --
11/09/2012 11/09/12 For Sale $750,000 -- --
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 $3,744 $446,160 $118,200 $327,960
2023 $3,351 $410,560 $87,480 $323,080
2022 $3,380 $369,160 $87,480 $281,680
2021 $3,100 $318,960 $36,800 $282,160
2020 $8,468 $309,240 $36,800 $272,440
2019 $8,545 $309,360 $43,440 $265,920
2018 $8,162 $285,800 $36,800 $249,000
2017 $7,885 $279,000 $36,800 $242,200
2016 $6,477 $279,000 $36,800 $242,200
2015 $8,025 $287,040 $44,840 $242,200
2014 $8,025 $287,040 $44,840 $242,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5082639

First Multiple Listing Service (FMLS)

APN: 08-00088-00-046