NOT LISTED FOR SALE

5510 Apache Trail Gainesville, GA 30506

Estimated Value: $305,000 - $370,873

3 Beds
3 Baths
2,400 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $162,500 $68 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,008/month

7 Days on Market

Highlights

  • Lake View
  • Dining Room Seats More Than Twelve
  • Wooded Lot
  • Chestatee Elementary School Rated A
  • Deck
  • Ranch Style House

About This Home

As of June 2019

Investor Owned - Bring ALL Offers. Some fresh Paint, New Decks. New Roof and HVAC in 2010 in great shape! 4 finished rooms in basement including full bath, 1 of which could be made into official 4th bedroom! Great Convenient Location. Easy access to Gainesville/Dawsonville, Cumming, Hwy 400 or I-985!
Wintertime partial view of Lake Lanier and close to boat ramps/parks on Lanier. Wonderful family community.

Last Agent to Sell the Property

James Pierce

River Mountain Realty, LLC License #157921 Listed on: 05/31/2019

Last Buyer's Agent

Spencer Lindahl

NOT A VALID MEMBER License #350358

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1997

Lot Details

  • 0.26 Acre Lot
  • Property fronts a highway
  • Private Entrance
  • Sloped Lot
  • Wooded Lot
  • Back Yard Fenced

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Great Room
  • Dining Room Seats More Than Twelve
  • Den
  • Game Room
  • Workshop
  • Lake Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Open to Family Room
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom

Finished Basement

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

Parking

  • 3 Parking Spaces
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Chattahoochee - Forsyth Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • 220 Volts
  • 110 Volts
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 119
  • Assessor Parcel Number 323 004

Community Details

Overview

  • Lake Harbor Shores Subdivision

Recreation

  • Swim or tennis dues are optional

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,421

Year Built

Built in 1997

Lot Details

0

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: 1997
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Laminate Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Game Room, Workshop
  • Dining Room Features: Great Room, Seats 12+
  • Square Footage: 2400.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition, Shingle
  • Lake Name: Lanier
  • Fencing: Back Yard
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard
  • View: Lake

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking Features: Driveway, Kitchen Level, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Optional
  • Home Warranty: Yes
  • Subdivision Complex: Lake Harbor Shores

Association/Amenities

  • Number Of Units In Community: 1

Lot Info

  • Acres: 0.2600
  • Lot: 119
  • Section G M D: 1338
  • Lot Features: Back Yard, Sloped, Wooded
  • Lot Dimensions: x
  • Parcel Number: 323 004
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1421.00
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Forsyth
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Srmz 4 Asset Company 1 Llc and Alto Asset Company 1 Llc
Bought by
Alto Asset Company 3 Llc
Current Estimated Value
$339,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,603,000
Outstanding Balance
$474,624,978
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
-$474,285,260

Purchase Details

Closed on
Sep 27, 2019
Sold by
Mupr 3 Assets Llc
Bought by
Srmz 4 Asset Co 1 Llc

Purchase Details

Listed on
May 31, 2019
Closed on
Jun 28, 2019
Sold by
Mersberger Joseph L
Bought by
Mupr 3 Assets Llc
Seller's Agent
James Pierce
River Mountain Realty, LLC
Buyer's Agent
Spencer Lindahl
NOT A VALID MEMBER
List Price
$169,000
Sold Price
$162,500
Premium/Discount to List
-$6,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%

Purchase Details

Closed on
Jul 14, 2010
Sold by
Hud & Housing Of Urban Dev
Bought by
Mersberger Joseph L

Purchase Details

Closed on
Sep 1, 2009
Sold by
Bac Home Loans Servicing
Bought by
Hud & Housing Of Urban Dev

Purchase Details

Closed on
Feb 25, 2004
Sold by
Winter Frank E
Bought by
Pruitt Milton S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.6%
Mortgage Type
VA

Purchase Details

Closed on
May 7, 1998
Sold by
Grovitt Rex
Bought by
Winter Frank E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 1996
Sold by
Rollins Richard C
Bought by
Gravitt Rex Bobby
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alto Asset Company 3 Llc $331,200 None Listed On Document
Srmz 4 Asset Co 1 Llc $220,343 --
Mupr 3 Assets Llc $162,500 --
Mersberger Joseph L $80,000 --
Hud & Housing Of Urban Dev -- --
Bac Home Loans Servicing $159,667 --
Pruitt Milton S $125,000 --
Winter Frank E $89,000 --
Gravitt Rex Bobby $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alto Asset Company 3 Llc $495,603,000
Previous Owner Pruitt Milton S $123,000
Previous Owner Winter Frank E $80,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $162,500 -3.8% $68 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $169,000 -- $70 / 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 $2,678 $136,456 $13,104 $123,352
2024 $2,678 $109,212 $9,608 $99,604
2023 $2,107 $85,604 $10,000 $75,604
2022 $2,278 $85,604 $10,000 $75,604
2021 $2,364 $85,604 $10,000 $75,604
2020 $1,995 $72,256 $10,000 $62,256
2019 $1,652 $59,748 $10,000 $49,748
2018 $1,421 $51,400 $10,000 $41,400
2017 $1,278 $46,044 $10,000 $36,044
2016 $1,167 $42,044 $6,000 $36,044
2015 $1,169 $42,044 $6,000 $36,044
2014 $1,033 $39,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6562607

First Multiple Listing Service (FMLS)

APN: 323-004