$145,000
SOLD JUL 15, 2021

5514 Mainsail Way Gainesville, GA 30504

0.73 Acre
$198,630 Price per Acre
31,799 Sq Ft Lot

Recently Sold

12% Below List Price

190 Days on Market

Highlights

  • Lake View
  • Private Lot
  • Brush Vegetation
  • Community Lake
  • Partially Wooded Lot

About This Lot

As of July 2021

Spectacular private lot with lake views in one of the best neighborhoods on Lake Lanier. Sunrise Cove Marina is less than 5 minutes away for access to a community dock/boat slip. One of the few lots remaining in this beautiful Pointe South neighborhood. This one won't last! Your future home will be close to shops, restaurants, and hospital services. This Lot is located between 5510 and 5518 Mainsail Way. Lot 18

Last Agent to Sell the Property

Denise Volante

First United Realty of Ga, Inc. License #272213 Listed on: 11/11/2020

First United Realty of Ga, Inc.

Last Buyer's Agent

Sheila Davis

The Norton Agency License #244784

The Norton Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $501

Lot Details

  • 0.73 Acre Lot
  • Brush Vegetation
  • Private Lot
  • Partially Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Pointe South Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot lot 18
  • Assessor Parcel Number 08088 000023

Property Details

Property Type

Land

Est. Annual Taxes

$501

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Lanier
  • View: Lake

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Lake
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Pointe South

Schools

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

Lot Info

  • Acres: 0.7300
  • Lot: lot 18
  • Timber: Mixed
  • Possible Use: Residential
  • Current Zoning: Res
  • Plat Book: 430
  • Plat Page: 139A
  • Current Use: Vacant
  • Lot Features: Private, Street Lights
  • Parcel Number: 08088 000023
  • Price Acre Dollar: 198630.14
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 501.00
  • Assessor Parcel Number: 08-00088-00-023
  • Close Date: 2021-07-15
  • Tax Year: 2019

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
Nov 11, 2020
Closed on
Jul 15, 2021
Sold by
Lance Sharon
Bought by
Holland John A and Holland Vicki L
Seller's Agent
Denise Volante
First United Realty of Ga, Inc.
Buyer's Agent
Sheila Davis
The Norton Agency
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$116,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2011
Sold by
Snow Mike and Snow Karen
Bought by
Lance Sharon

Purchase Details

Closed on
May 1, 1995
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 Type Sale Price Title Company
Warranty Deed $145,000 --
Warranty Deed $24,900 --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $116,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $320,000 +120.7% --
07/15/2021 07/15/21 Sold $145,000 -12.1% --
05/20/2021 05/20/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $165,000 -- --
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 $1,518 $57,400 $57,400 $0
2023 $1,581 $57,400 $57,400 $0
2022 $1,575 $57,400 $57,400 $0
2021 $517 $15,880 $15,880 $0
2020 $498 $14,760 $14,760 $0
2019 $501 $14,760 $14,760 $0
2018 $514 $14,760 $14,760 $0
2017 $507 $14,760 $14,760 $0
2016 $496 $14,760 $14,760 $0
2015 $493 $14,760 $14,760 $0
2014 $493 $14,760 $14,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6807617

First Multiple Listing Service (FMLS)

APN: 08-00088-00-023