NOT LISTED FOR SALE

5483 Key Point Gainesville, GA 30504

Estimated Value: $1,896,000 - $2,214,000

5 Beds
6 Baths
7,804 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,500,000 $192 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,989/month

About This Home

Classic, timeless lakefront estate w/ panoramic views of the Lake Lanier channel, especially in winter. Located in a gated upscale enclave of > million dollar homes. Every feature you'd expect in an ultra luxury home including wide-plank Brazilian cherry floors, magazine-quality finishes, open floor plan, stunning wine tasting/cigar room, commercial-grade bar, two classic keeping rms, 2nd kitchen, media room, 2nd master, billiards area & much more. Gentle walk to your double slip party dock right on the channel, so deep water always. Feels like your own private resort!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Feb 26, 2021
Sold by
Rossi Edna
Bought by
Johnson Edward G and Johnson Patricia A
Seller's Agent
BEVERLY KNIGHT
NOT A VALID MEMBER
Buyer's Agent
Ben Harris
NOT A VALID MEMBER
List Price
$1,585,000
Sold Price
$1,500,000
Premium/Discount to List
-$85,000
-5.36%
Current Estimated Value
$2,047,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,054
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Sep 5, 2006
Sold by
Key Point Llc
Bought by
Rossi Charles

Purchase Details

Closed on
Dec 21, 2004
Sold by
Arnold Kenneth R
Bought by
Key Point Llc

Purchase Details

Closed on
Aug 26, 2004
Sold by
Saddle Creek Development Llc
Bought by
Arnold Kenneth R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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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
Johnson Edward G $1,500,000 --
Rossi Charles $1,175,000 --
Key Point Llc -- --
Arnold Kenneth R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $1,500,000 -5.4% $192 / Sq Ft View Prior Sale
10/14/2020 10/14/20 For Sale $1,585,000 -- $203 / Sq Ft

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 $4,057 $623,600 $166,120 $457,480
2024 $4,991 $614,200 $164,600 $449,600
2023 $9,244 $539,840 $191,800 $348,040
2022 $10,042 $389,440 $92,200 $297,240
2021 $10,003 $378,760 $92,200 $286,560
2020 $10,060 $369,920 $92,200 $277,720
2019 $9,945 $362,360 $92,200 $270,160
2018 $9,875 $348,120 $84,600 $263,520
2017 $10,431 $371,840 $126,880 $244,960
2016 $10,176 $371,840 $126,880 $244,960
2015 $10,188 $371,840 $126,880 $244,960
2014 $10,188 $369,246 $126,880 $242,366
Source: Public Records

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