Seller's Agent in 2022
Todd Kroupa
BHHS Georgia Properties
(770) 910-4860
137 Total Sales
5439 Spinnaker Ln Gainesville, GA 30504
Estimated Value: $910,000 - $1,212,000
4
Beds
4
Baths
4,802
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- 300 Feet of Waterfront
- Community Lake
- Traditional Architecture
- Lake View
- Deck
- Wood Flooring
About This Home
As of July 2022MOTIVATED SELLERS. BRING OFFERS. Beautiful Lake Lanier, waterfront home in sought-after "Pointe South" subdivision less than 2 miles to Sunrise Cove Marina and minutes to historic downtown Gainesville. This 6,000+ sqft executive home is on 1.6+ acres with 300 feet of direct Lake Lanier water frontage. Situated on a quiet cove with stunning water views and direct level access for a kayak or canoe right from the backyard. The home is move-in-ready and features an open kitchen with stainless steel appliances, granite counters, a spacious breakfast room, and a vaulted keeping room. The owner's suite is on the main level alongside a formal dining room and study/den. The upstairs floor plan includes 3 bedrooms, a media/flex space, and a 3rd-level loft/office. There is plenty of room for living-area expansion in the 2,140 sqft unfinished terrace level. The large, private wooded lot already features a custom stone fire pit/entertaining area with plenty of room for a future pool overlooking the lake.
Last Agent to Sell the Property
BHHS Georgia Properties License #384588 Listed on: 05/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,573
Year Built
- Built in 2007
Lot Details
- 1.67 Acre Lot
- 300 Feet of Waterfront
- Lake Front
- Level Lot
HOA Fees
- $63 Monthly HOA Fees
Parking
- Garage
Home Design
- Traditional Architecture
- European Architecture
- Mediterranean Architecture
- Composition Roof
- Stone Siding
- Stucco
- Stone
Interior Spaces
- 3-Story Property
- Central Vacuum
- Bookcases
- Beamed Ceilings
- Gas Log Fireplace
- Two Story Entrance Foyer
- Breakfast Room
- Formal Dining Room
- Home Office
- Loft
- Bonus Room
- Lake Views
- Basement
- Interior and Exterior Basement Entry
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Separate Shower
Outdoor Features
- Deck
Schools
- Oakwood Elementary School
- West Hall Middle School
- West Hall High School
Utilities
- Central Heating and Cooling System
- Electric Air Filter
- Electric Water Heater
- Septic Tank
- Phone Available
- Cable TV Available
Community Details
- Association fees include swimming, tennis
- Pointe South Subdivision
- Community Lake
Listing and Financial Details
- Tax Lot 42
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Jul 25, 2022
Sold by
Damghani Moe
Bought by
Damghani Moe and Damghani Elizabeth
Seller's Agent
Todd Kroupa
BHHS Georgia Properties
Buyer's Agent
Brian Smith
Keller Williams Realty North Atlanta
List Price
$1,100,000
Sold Price
$718,500
Premium/Discount to List
-$381,500
-34.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,994
Avg. Annual Appreciation
11.72%
Purchase Details
Listed on
Jun 7, 2021
Closed on
Sep 9, 2021
Sold by
Bush Steven M
Bought by
Vitarelli Jamie and Vitarelli Thomas
Seller's Agent
Sheila Davis
The Norton Agency
Buyer's Agent
Jeff Benefield
Keller Williams Lanier Partners
List Price
$895,000
Sold Price
$765,000
Premium/Discount to List
-$130,000
-14.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.95%
Purchase Details
Closed on
May 26, 2015
Sold by
Bush Steven M
Bought by
Bush Steven M and Longfellow John C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,800
Interest Rate
3.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2010
Sold by
Longfellow John C
Bought by
Bush Steven M
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
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 17, 2009
Sold by
Bentley Brandt O
Bought by
Longfellow John C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
5.1%
Purchase Details
Closed on
Apr 1, 2008
Sold by
Ilina Florinel and Ilina Cristina
Bought by
Indymac Bank Fsb
Purchase Details
Closed on
Mar 6, 2006
Sold by
Ghidiceanu Christian T
Bought by
Ilina Florinel and Ilina Cristina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.19%
Purchase Details
Closed on
Jan 19, 2006
Sold by
Truss Tech Realty Llc
Bought by
Ghidiceanu Christian T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.19%
Purchase Details
Closed on
Aug 11, 2000
Sold by
Southlake Group Llc
Bought by
Truss-Tech Realty Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Damghani Moe | -- | -- | |
| Damghani Moe | $718,500 | -- | |
| Vitarelli Jamie | $765,000 | -- | |
| Bush Steven M | -- | -- | |
| Bush Steven M | $375,000 | -- | |
| Longfellow John C | -- | -- | |
| Bentley Brandt O | $300,000 | -- | |
| Indymac Bank Fsb | $398,229 | -- | |
| Indymac Bank Indymac Bank F | $398,200 | -- | |
| Ilina Florinel | $102,500 | -- | |
| Ghidiceanu Christian T | $72,500 | -- | |
| Truss-Tech Realty Llc | $25,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bush Steven M | $317,800 | |
| Previous Owner | Bush Steven M | $337,500 | |
| Previous Owner | Bentley Brandt O | $299,000 | |
| Previous Owner | Ilina Florinel | $444,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/25/2022 07/25/22 | Sold | $718,500 | -15.5% | $150 / Sq Ft | |
| 06/25/2022 06/25/22 | Pending | -- | -- | -- | |
| 06/09/2022 06/09/22 | Price Changed | $849,900 | -14.9% | $177 / Sq Ft | |
| 05/31/2022 05/31/22 | Price Changed | $999,000 | -9.2% | $208 / Sq Ft | |
| 05/13/2022 05/13/22 | For Sale | $1,100,000 | +43.8% | $229 / Sq Ft | |
| 09/09/2021 09/09/21 | Sold | $765,000 | -1.3% | $153 / Sq Ft | View Prior Sale |
| 08/03/2021 08/03/21 | Pending | -- | -- | -- | |
| 07/30/2021 07/30/21 | Price Changed | $775,000 | -3.0% | $155 / Sq Ft | |
| 07/06/2021 07/06/21 | Price Changed | $799,000 | -5.9% | $160 / Sq Ft | |
| 06/26/2021 06/26/21 | Price Changed | $849,000 | -5.1% | $170 / Sq Ft | |
| 06/07/2021 06/07/21 | For Sale | $895,000 | -- | $179 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $8,823 | $372,000 | $133,760 | $238,240 |
| 2023 | $6,347 | $291,880 | $98,960 | $192,920 |
| 2022 | $8,045 | $314,640 | $128,680 | $185,960 |
| 2021 | $5,573 | $207,880 | $30,680 | $177,200 |
| 2020 | $5,478 | $198,480 | $30,680 | $167,800 |
| 2019 | $5,524 | $198,440 | $36,200 | $162,240 |
| 2018 | $5,289 | $183,720 | $28,720 | $155,000 |
| 2017 | $5,008 | $175,680 | $28,720 | $146,960 |
| 2016 | $4,888 | $175,680 | $28,720 | $146,960 |
| 2015 | $4,285 | $175,680 | $28,720 | $146,960 |
| 2014 | $4,285 | $214,120 | $46,600 | $167,520 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Kroupa
-
Brian Smith
Buyer's Agent in 2022
Brian Smith
Keller Williams Realty North Atlanta
(678) 549-3223
255 Total Sales
-
Sheila Davis
Seller's Agent in 2021
Sheila Davis
The Norton Agency
(770) 235-6907
371 Total Sales
-
J
Buyer's Agent in 2021
Jeff Benefield
Keller Williams Lanier Partners
Map
Source: Georgia MLS
MLS Number: 10047432
APN: 08-00088-00-047
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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