NOT LISTED FOR SALE

5510 Chestatee Landing Way Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $282,000 - $288,403

1 Acre
$285,202 Price per Acre
43,560 Sq Ft Lot

Last Sold June 01, 2012

Last sale price $130,000

Est. 119% increase in value since last sale

Current estimated payment $1,873/month

49 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Covered dock with one slips
  • Fishing
  • Chestatee Elementary School Rated A-
  • Boating
  • Lake On Lot

About This Lot

As of June 2012

1.33 ACRE LAKE LANIER LOT - COVERED Single Slip DOCK - Beautiful swim and tennis community. Possible owner financing.

Last Agent to Sell the Property

RORY CUNNINGHAM

Landmark Realty Associates, Inc. License #335759 Listed on: 03/19/2012

Co-Listed By

Nancy Cunningham

Landmark Realty Associates, Inc. License #142551

Last Buyer's Agent

Rebecca Bulris

NOT A VALID MEMBER License #205712

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,648

Lot Details

  • 1 Acre Lot
  • 120 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Wooded Lot
  • Property is zoned ra

HOA Fees

  • $63 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 5510ChestateeLandingWAY

Community Details

Overview

  • Chestatee Landing Lake Lanier Subdivision

Amenities

  • Clubhouse

Recreation

  • Boating
  • Tennis Courts
  • Swim or tennis dues are required
  • Community Pool
  • Fishing
  • Covered dock with one slips
  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,648

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Waterfront Frontage: 120
  • Lake Name: Lanier
  • View: Lake

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Boating, Clubhouse, Fishing, Homeowners Assoc, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: Chestatee Landing Lake Lanier

Schools

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

Lot Info

  • Acres: 1.0000
  • Lot: 45
  • Land/Lot: 1327/1336
  • Section G M D: 1
  • Current Zoning: ra
  • Lot Features: Lake On Lot, Sloped
  • Lot Dimensions: 1.33
  • Parcel Number: 5510ChestateeLandingWAY
  • Price Acre Dollar: 130000.00
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 313-000-777
  • Close Date: 2012-06-01
  • Tax Year: 2009

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jun 1, 2012
Sold by
Foti Alexander N
Bought by
Foti Alexander M and Foti Lauren Brooks
Seller's Agent
RORY CUNNINGHAM
Landmark Realty Associates, Inc.
Buyer's Agent
Rebecca Bulris
NOT A VALID MEMBER
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Current Estimated Value
$285,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,202
Avg. Annual Appreciation
7.83%
Original Mortgage
$112,500
Outstanding Balance
$79,376
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$268,266

Purchase Details

Closed on
Jul 21, 2010
Sold by
Cunningham Nancy R
Bought by
Crystal Falls Trust

Purchase Details

Closed on
Dec 1, 2003
Sold by
Cunningham Brandon
Bought by
Cunningham Nancy R

Purchase Details

Closed on
Jun 25, 2002
Sold by
Thomas Supply Co Inc +
Bought by
Cunningham Brandon
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
Foti Alexander M -- --
Foti Alexander M $130,000 --
Crystal Falls Trust -- --
Cunningham Nancy R -- --
Cunningham Brandon $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foti Alexander M $112,500
Closed Foti Alexander M $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $130,000 -13.3% --
05/07/2012 05/07/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $150,000 -- --
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 $2,648 $108,000 $108,000 --
2023 $2,068 $84,000 $84,000 $0
2022 $1,437 $54,000 $54,000 $0
2021 $1,491 $54,000 $54,000 $0
2020 $1,367 $49,500 $49,500 $0
2019 $1,369 $49,500 $49,500 $0
2018 $1,369 $49,500 $49,500 $0
2017 $1,374 $49,500 $49,500 $0
2016 $1,374 $49,500 $49,500 $0
2015 $1,376 $49,500 $49,500 $0
2014 -- $49,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4338730

First Multiple Listing Service (FMLS)

APN: 313-777