NOT LISTED FOR SALE

5490 Truman Mountain Rd Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $950,000 - $1,207,000

5 Beds
4 Baths
4,440 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $650,000 $146 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,389/month

Highlights

  • 100 Feet of Waterfront
  • Double Slip
  • Fishing
  • Chestatee Elementary School Rated A-
  • Boating
  • Lake On Lot

About This Home

As of April 2020

Lakefront retreat w/ glorious channel views, dbl slip party dock w/ lift & 2 jet ski ports on DEEP drought-proof wtr, cart included (*path in place). All levels built to showcase nature & Lake Lanier vistas. Chef's kitchen w/ Sub-Zero fridge/freezer drawers, dual fuel range. 2 massive screen decks o'looking lake, great for parties. Upscale, classic finishes, absolutely move-in ready. Spacious rms, home sleeps an army (almost). Finished, magazine-quality guest studio above garage. Massive oversized garage w/ extended bays, cool bird sanctuary, generator, Forsyth schools. Do not walk on the dock. There are a few boards that need replacing, and the dock co's are slammed with trying to keep people's walkways in the water.

Last Agent to Sell the Property

BEVERLY KNIGHT

Keller Williams Lanier Partners License #324127 Listed on: 05/22/2019

Keller Williams Lanier Partners

Co-Listed By

Darlene Plavcan

Keller Williams Lanier Partners License #349175

Last Buyer's Agent

Alison Sternfels

Compass License #165861

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,938

Year Built

  • Built in 1985

Lot Details

  • 1.36 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Garden

Parking

  • 2 Car Detached Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Composition Roof
  • Cedar

Interior Spaces

  • 4,440 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • Double Sided Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Game Room
  • Screened Porch
  • Home Gym
  • Lake Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Party Deck
  • Double Slip
  • Covered dock with two slips
  • Lake On Lot
  • Deck
  • Separate Outdoor Workshop
  • Shed

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Propane
  • Separate Meters
  • 110 Volts
  • Power Generator
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 322 063

Community Details

Overview

  • North View Truman Mountain Subdivision
  • Community Lake

Recreation

  • Boating
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,938

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Double Sided, Gas Log, Glass Doors, Living Room, Master Bedroom
  • Number Of Fireplaces: 2
  • Other Equipment: Generator
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Finished Bath, Interior Entry
  • Kitchen Features: Breakfast Bar, Solid Surface Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Family Room, Game Room
  • Dining Room Features: Great Room
  • Square Footage: 4440.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment
  • Lower Bedrooms: 4
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Shed(s), Workshop
  • Waterfront Frontage: 100
  • Construction Materials: Cedar, Frame
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Front Porch, Screened
  • Exterior Features: Garden
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Detached, Driveway, Garage, Garage Door Opener, Kitchen Level, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Forced Air, Propane, Separate Meters
  • Laundry Features: In Hall, Lower Level
  • Utilities: Cable Available, Electricity Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Lake
  • Subdivision Complex: North View Truman Mountain

Schools

  • Elementary School: Chestatee
  • Middle School: Little Mill
  • High School: North Forsyth

Lot Info

  • Acres: 1.3600
  • Lot: 6
  • Land/Lot: 1336
  • Section G M D: 1
  • Deed Book: 7732
  • Deed Page: 53-4
  • Plat Book: 43
  • Plat Page: 274
  • Lot Features: Lake On Lot, Landscaped
  • Parcel Number: 322 063
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

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

Tax Info

  • Taxes: 5938.00
  • Assessor Parcel Number: 322-000-063
  • Close Date: 2020-04-30
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Apr 30, 2020
Sold by
Slavin Beth
Bought by
Brady Michael and Poll Kristina Lee
Seller's Agent
BEVERLY KNIGHT
Keller Williams Lanier Partners
Buyer's Agent
Alison Sternfels
Compass
List Price
$775,000
Sold Price
$650,000
Premium/Discount to List
-$125,000
-16.13%
Current Estimated Value
$1,078,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,531
Avg. Annual Appreciation
9.83%
Original Mortgage
$510,400
Outstanding Balance
$452,285
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$626,246

Purchase Details

Closed on
Mar 28, 2016
Sold by
Salavin Michael W
Bought by
Slavin Beth

Purchase Details

Closed on
Jan 22, 2016
Sold by
Slavin Michael W
Bought by
Slavin Beth

Purchase Details

Closed on
Dec 3, 2003
Sold by
Nelson Judith A
Bought by
Nelson Van A

Purchase Details

Closed on
Feb 3, 2000
Sold by
Nelson Van A
Bought by
Nelson Judith A

Purchase Details

Closed on
Jul 31, 1995
Sold by
Stauffer Dale H Brenda K
Bought by
Nelson Van A Judith A
Source: Public Records

Range of Values:

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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
Brady Michael $650,000 --
Slavin Beth -- --
Slavin Beth -- --
Nelson Van A -- --
Nelson Judith A -- --
Nelson Van A Judith A $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady Michael $250,000
Open Brady Michael $510,400
Previous Owner Slavin Beth W $100,000
Previous Owner Slavin Michael W $390,000
Previous Owner Slavin Michael W $412,500
Previous Owner Slavin Michael W $100,000
Closed Nelson Van A Judith A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $650,000 -7.1% $146 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/05/2020 03/05/20 Price Changed $700,000 -3.4% $158 / Sq Ft
11/11/2019 11/11/19 Price Changed $725,000 -3.3% $163 / Sq Ft
10/11/2019 10/11/19 Price Changed $750,000 -3.2% $169 / Sq Ft
09/06/2019 09/06/19 For Sale $775,000 0.0% $175 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $775,000 -- $175 / 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
2025 $8,325 $385,764 $216,000 $169,764
2024 $8,325 $381,648 $216,000 $165,648
2023 $6,918 $320,048 $168,000 $152,048
2022 $6,972 $250,368 $144,000 $106,368
2021 $6,914 $250,368 $144,000 $106,368
2020 $6,359 $258,924 $144,000 $114,924
2019 $6,718 $268,864 $144,000 $124,864
2018 $5,938 $259,732 $144,000 $115,732
2017 $5,587 $212,448 $100,000 $112,448
2016 $5,587 $212,448 $100,000 $112,448
2015 $5,597 $212,448 $100,000 $112,448
2014 $5,126 $203,144 $100,000 $103,144
Source: Public Records

Agents Affiliated with this Home

  • BEVERLY KNIGHT

    Seller's Agent in 2020

    BEVERLY KNIGHT

    Keller Williams Lanier Partners

    (678) 860-0990

    15 in this area

    132 Total Sales

    BEVERLY KNIGHT
    Section Image
  • Darlene Plavcan

    Seller Co-Listing Agent in 2020

    Darlene Plavcan

    Keller Williams Lanier Partners

    (678) 300-1275

    11 in this area

    104 Total Sales

    Darlene Plavcan
    Section Image
  • Alison Sternfels

    Buyer's Agent in 2020

    Alison Sternfels

    Compass

    (404) 569-3674

    141 Total Sales

    Alison Sternfels
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6558103

First Multiple Listing Service (FMLS)

APN: 322-063

Georgia Forsyth County Gainesville 30506 Lake Lanier

5490 Truman Mountain Rd, Gainesville, GA

This home is located at 5490 Truman Mountain Rd, Gainesville, GA 30506 since 22 May 2019 and is currently estimated at $1,078,531, approximately $242 per square foot. This property was built in 1985. 5490 Truman Mountain Rd is a home located in Forsyth County with nearby schools including Chestatee Elementary School and Little Mill Middle School.

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