NOT LISTED FOR SALE

5483 Key Point Gainesville, GA 30504

Estimated Value: $1,906,000 - $2,064,489

5 Beds
5.5 Baths
7,804 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 26, 2021

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

Est. 34% increase in value since last sale

Current estimated payment $11,342/month

100 Days on Market

Highlights

  • Boathouse
  • Covered dock with two slips
  • Deep Water Access
  • 85 Feet of Waterfront
  • Boating
  • Wine Cellar

About This Home

As of February 2021

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!

Last Agent to Sell the Property

BEVERLY KNIGHT

Keller Williams Lanier Partners License #324127 Listed on: 10/14/2020

Keller Williams Lanier Partners

Co-Listed By

Angie Smart

Keller Williams Lanier Partners License #252832

Last Buyer's Agent

Ben Harris

NOT A VALID MEMBER License #255372

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,875

Year Built

  • Built in 2005

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 155x85x200x99x209
  • 85 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Irrigation Equipment
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Stone Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 7,804 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Game Room
  • Keeping Room with Fireplace
  • Lake Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security System Leased
  • Security Gate
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with two slips
  • Boathouse
  • Lake On Lot
  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

  • Mcever Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 08082 002015

Community Details

Overview

  • Key Point Subdivision
  • Community Lake

Recreation

  • Boating
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,875

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2005
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Keeping Room
  • Number Of Fireplaces: 3
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, His and Hers Closets, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry, Stone Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Family Room, Game Room, Great Room - 1 Story, Library, Media Room, Office, Wine Cellar
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 7804.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 6
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Boat House
  • Waterfront Frontage: 85
  • Construction Materials: Brick 4 Sides, Stone
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Gas Grill, Private Yard
  • View: Lake

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Security System Leased, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: In Hall, Laundry Room, Main Level
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior
  • Community Features: Boating, Fishing, Lake
  • Association Fee Frequency: Annually
  • Subdivision Complex: Key Point

Schools

  • Elementary School: McEver
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Acres: 0.7600
  • Lot: 1
  • Land/Lot: 81
  • Plat Book: 822
  • Plat Page: 224A
  • Lot Features: Cul-De-Sac, Lake On Lot, Landscaped, Private
  • Lot Dimensions: 155x85x200x99x209
  • Parcel Number: 08082 002015
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 9875.00
  • Assessor Parcel Number: 08-00082-02-015
  • Close Date: 2021-02-26
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: McEver
  • High School: Chestatee
  • Middle School: Chestatee

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
Keller Williams Lanier Partners
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
$2,005,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,163
Avg. Annual Appreciation
6.69%

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:

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

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rossi Charles $1,000,000
Previous Owner Tiesleau Brian $190,000
Source: Public Records

Property History

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

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6796243

First Multiple Listing Service (FMLS)

APN: 08-00082-02-015