NOT LISTED FOR SALE

5492 Key Point Gainesville, GA 30504

Estimated Value: $2,277,000 - $2,314,000

5 Beds
6 Baths
7,577 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,595,000 $211 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $13,749/month

1 Day on Market

Highlights

  • 193 Feet of Waterfront
  • Boating
  • Fishing
  • Covered dock with two slips
  • Deep Water Access
  • Lake On Lot

About This Home

As of April 2021

Picture yourself living the good life in this timeless, lakefront luxury home nestled in an upscale, gated enclave of three showcase homes (one under construction). Imagine the parties on the massive decks o’looking the lake, stone firepit & magazine-quality yard w/ raised garden beds. Large point lot, double-slip dock in deep wtr at the mouth of a huge cove facing the channel. Stunning open flr plan, nice views fm most rms, huge gourmet kitchen, artful trim, upscale everything. Oversized mstr suite on main has heated towel racks, steam shower & fabulous custom closet. Sprawling terrace level boasts billiards, gym, theater & workshop rooms plus addt'l suite. Don’t miss the one-of-a-kind custom beamed light fixture over the pool table. Soaring ceilings w/ craftsman detailing on both levels. Other notable items: whole-house generator, 2 water heaters (natural gas & electric), lofted flex space, crisp color palette, beautiful hardwood floors & 4 fireplaces. Almost 200 ft of lake front on a point lot. All the benefits of being able to see the channel but the dock is protected just inside a cove. And it has a BRAND NEW ROOF!

Last Agent to Sell the Property

BEVERLY KNIGHT

Keller Williams Lanier Partners License #324127 Listed on: 02/26/2021

Keller Williams Lanier Partners

Co-Listed By

Angie Smart

Keller Williams Lanier Partners License #252832

Last Buyer's Agent

Meilyn Marino

Maximum One Realty Greater ATL. License #338433

Maximum One Realty Greater ATL.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,404

Year Built

  • Built in 2006

Lot Details

  • 1.04 Acre Lot
  • 193 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Private Entrance
  • Landscaped
  • Private Lot
  • Sloped Lot
  • Irrigation Equipment
  • Back Yard

Parking

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

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Rear Stairs
  • Home Theater Equipment
  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling
  • Insulated Windows
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Second Story Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Keeping Room with Fireplace
  • 4 Fireplaces
  • Home Gym
  • Lake Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Home Security

  • Security System Owned
  • Security Gate
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Deep Water Access
  • Covered dock with two slips
  • Lake On Lot
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Power Generator
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4/5
  • Assessor Parcel Number 08082 002019

Community Details

Overview

  • Key Point Subdivision
  • Community Lake

Recreation

  • Boating
  • Powered Boats Allowed
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,404

Year Built

Built in 2006

Lot Details

0

Parking

3

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: 2006
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 4509.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Basement, Keeping Room, Living Room
  • Number Of Fireplaces: 4
  • Other Equipment: Generator, Home Theater, Intercom, Irrigation Equipment
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Eat-in Kitchen, Keeping Room, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Family Room, Great Room - 2 Story, Office, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 7577.00
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 3068.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 6
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 193
  • Construction Materials: Brick 4 Sides, Stone
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch
  • Exterior Features: Private Front Entry, Private Rear Entry, Rear Stairs
  • View: Lake
  • Foundation: Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available
  • Electric: 110 Volts, Generator

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Gated, Lake, Powered Boats Allowed, Street Lights
  • Home Warranty: Yes
  • Subdivision Complex: Key Point

Schools

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

Lot Info

  • Acres: 1.0400
  • Lot: 4/5
  • Land/Lot: 81
  • Deed Book: 5523
  • Deed Page: 480
  • Plat Book: 846
  • Plat Page: 50
  • Lot Features: Back Yard, Cul-De-Sac, Lake On Lot, Landscaped, Private, Sloped
  • Lot Dimensions: x
  • Parcel Number: 08082 002019
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 13404.00
  • Assessor Parcel Number: 08-00082-02-019
  • Close Date: 2021-04-30
  • Tax Year: 2020

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

Closed on
Feb 3, 2022
Sold by
Polanski Joseph
Bought by
Polanski Family Living Tr
Total Days on Market
1
Current Estimated Value
$2,293,374

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 30, 2021
Sold by
Smith Russell M
Bought by
Polanski Joseph and Polanski Janice
Seller's Agent
BEVERLY KNIGHT
Keller Williams Lanier Partners
Buyer's Agent
Meilyn Marino
Maximum One Realty Greater ATL.
List Price
$1,595,000
Sold Price
$1,595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$1,276,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2005
Sold by
Key Point Llc
Bought by
Smith Russell M

Purchase Details

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

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Range of Values:

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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
Polanski Family Living Tr -- --
Polanski Joseph $1,595,000 --
Smith Russell M $1,435,000 --
Arnold Kenneth R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Polanski Joseph $475,000
Previous Owner Polanski Joseph $1,276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,595,000 0.0% $211 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,595,000 -- $211 / 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 $18,933 $766,315 $297,480 $468,835
2023 $18,002 $744,435 $294,640 $449,795
2022 $13,852 $535,635 $141,640 $393,995
2021 $13,371 $509,235 $141,640 $367,595
2020 $13,404 $495,795 $141,640 $354,155
2019 $13,280 $486,795 $141,640 $345,155
2018 $13,088 $464,275 $129,960 $334,315
2017 $12,662 $453,955 $129,960 $323,995
2016 $12,353 $453,955 $129,960 $323,995
2015 $11,653 $453,955 $129,960 $323,995
2014 $11,653 $422,707 $129,960 $292,747
Source: Public Records

Agents Affiliated with this Home

  • BEVERLY KNIGHT

    Seller's Agent in 2021

    BEVERLY KNIGHT

    Keller Williams Lanier Partners

    (678) 860-0990

    158 Total Sales

    BEVERLY KNIGHT
    Section Image
  • Angie Smart

    Seller Co-Listing Agent in 2021

    Angie Smart

    Keller Williams Lanier Partners

    (404) 368-8880

    115 Total Sales

    Angie Smart
    Section Image
  • Meilyn Marino

    Buyer's Agent in 2021

    Meilyn Marino

    Maximum One Realty Greater ATL.

    (404) 432-8477

    18 Total Sales

    Meilyn Marino
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6843462

First Multiple Listing Service (FMLS)

APN: 08-00082-02-019

Georgia Hall County Gainesville 30504

5492 Key Point, Gainesville, GA

This home is located at 5492 Key Point, Gainesville, GA 30504 since 26 February 2021 and is currently estimated at $2,293,374, approximately $302 per square foot. This property was built in 2006. 5492 Key Point is a home located in Hall County with nearby schools including McEver Elementary School, Chestatee Middle School, and Chestatee High School.

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