NOT LISTED FOR SALE

5506 Mainsail Way Gainesville, GA 30504

Estimated Value: $691,000 - $1,024,000

4 Beds
5 Baths
2,512 Sq Ft
$339/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $380,000 $151 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,100/month

Highlights

  • Lake Front
  • Deck
  • Family Room with Fireplace
  • Community Lake
  • Private Lot
  • Wooded Lot

About This Home

As of January 2014

Very well built and maintained home in Lake Lanier community. This home offers high end finishes and a recently updated kitchen featuring custom cabinets, granite counter tops, island, keeping room, built in refrigerator, hardwood floors and new appliances. Ranch home with finished terrace level that includes a bedroom, full bathroom, workout area and den area, wonderful workshop that has access through the boat door. Beautiful and lovingly kept yards(front lawn looks like a putting green)private backyard has a fountain, stairs down to the sitting area beneath the arbor

Last Agent to Sell the Property

JEAN PUGH

NOT A VALID MEMBER License #4930 Listed on: 10/14/2013

Co-Listed By

GINA RUDISILL

Keller Williams North Atlanta License #167454

Last Buyer's Agent

Sarah Prejeant

NOT A VALID MEMBER License #305357

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,079

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 124x284x288
  • Lake Front
  • Fenced
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Wooded Lot
  • Garden

HOA Fees

  • $33 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,512 Sq Ft Home
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Game Room
  • Home Gym
  • Keeping Room
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry in Kitchen

Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Fireplace in Basement
  • Boat door in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Schools

  • Oakwood Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

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

Community Details

  • Pointe South Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 5506MainsailWAY

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,079

Year Built

Built in 1996

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Basement, Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Double Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer, High Ceilings 10 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Boat Door, Daylight, Driveway Access, Finished, Full
  • Kitchen Features: Breakfast Bar, Cabinets White, Stone Counters, Eat-in Kitchen, Kitchen Island, Keeping Room, Pantry Walk-In
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Exercise Room, Family Room, Game Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2512.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Garden

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Kitchen, Laundry Room
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Lake, Street Lights
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Pointe South

Schools

  • Elementary School: Oakwood
  • Middle School: West Hall
  • High School: West Hall

Lot Info

  • Lot: 16
  • Land/Lot: 88
  • Plat Book: 510
  • Plat Page: 188A
  • Lot Features: Landscaped, Level, Private, Wooded
  • Lot Dimensions: 124x284x288
  • Parcel Number: 5506MainsailWAY
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 3079.00
  • Assessor Parcel Number: 08-00088-00-021
  • Close Date: 2014-01-03
  • Tax Year: 2012

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • Elementary School: Oakwood
  • High School: West Hall
  • Middle School: West Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2013
Closed on
Jan 3, 2014
Sold by
Conley Nenion C
Bought by
Williams Michael A
Seller's Agent
JEAN PUGH
NOT A VALID MEMBER
Buyer's Agent
Sarah Prejeant
NOT A VALID MEMBER
List Price
$389,951
Sold Price
$380,000
Premium/Discount to List
-$9,951
-2.55%
Current Estimated Value
$850,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,813
Avg. Annual Appreciation
7.08%
Original Mortgage
$240,000
Outstanding Balance
$173,845
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$676,968

Purchase Details

Closed on
Apr 15, 1996
Sold by
The Southlake Group Llc
Bought by
Conley Nenion Barbara
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
Williams Michael A $380,000 --
Conley Nenion Barbara $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Michael A $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2014 01/03/14 Sold $380,000 -2.6% $151 / Sq Ft
11/17/2013 11/17/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $389,951 -- $155 / 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 $6,824 $271,360 $57,080 $214,280
2023 $5,981 $252,920 $57,080 $195,840
2022 $5,533 $210,280 $57,080 $153,200
2021 $4,610 $171,160 $20,640 $150,520
2020 $4,583 $165,320 $20,640 $144,680
2019 $4,254 $151,800 $20,640 $131,160
2018 $4,223 $145,840 $20,640 $125,200
2017 $3,921 $136,680 $20,640 $116,040
2016 $3,351 $119,120 $20,640 $98,480
2015 $3,191 $112,921 $22,560 $90,361
2014 $3,191 $112,921 $22,560 $90,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5209366

First Multiple Listing Service (FMLS)

APN: 08-00088-00-021