NOT LISTED FOR SALE

5517 Mainsail Way Gainesville, GA 30504

Estimated Value: $950,407 - $1,130,000

5 Beds
4.5 Baths
7,319 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $720,500 $98 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,089/month

57 Days on Market

Highlights

  • Second Kitchen
  • Dining Room Seats More Than Twelve
  • Private Lot
  • Lake View
  • Deck
  • Oversized primary bedroom

About This Home

As of July 2021

Watch the sailboats go by from front porch or back deck of this custom built ranch with full finished basement in Lake Lanier's South Pointe community. A home designed for gatherings with room to spread out! Hard to find 5 bed/4.5 bath with spacious master and in-law suites both on main level. This home offers it all. Custom kitchen with 5 burner gas range, 2nd wall oven, walk-in pantry, custom cabinets, large island, breakfast area, and keeping room. Formal dining room has a beautiful coffered ceiling. Fireside family room. Large open room & beautiful hardwood floors. Large unfinished room and stubbed bath upstairs for future expansion - great media room, home office or flex space! Finished terrace level with huge entertaining space, private bedroom, full bath and a separate workshop with garage door. Covered patio. Generator. Fenced yard. This home has it all! Seasonal lake views (fall and winter) from front porch or expansive back deck. This is the best of lake living without the lake lot responsibilities!

Last Agent to Sell the Property

Dianna McWhorter

Keller Williams North Atlanta License #367330 Listed on: 03/18/2021

Keller Williams North Atlanta

Last Buyer's Agent

Freda Kalina

Virtual Properties Realty.Net, LLC. License #115516

Virtual Properties Realty.Net, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 2007

Lot Details

  • 0.85 Acre Lot
  • Property fronts a private road
  • Private Entrance
  • Landscaped
  • Private Lot
  • Corner Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • 1.5-Story Property
  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,319 Sq Ft Home
  • Central Vacuum
  • Bookcases
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Plantation Shutters
  • Private Rear Entry
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Game Room
  • Workshop
  • Keeping Room
  • Lake Views
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • 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
  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

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

Community Details

  • Pointe South Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 08088 000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,830

Year Built

Built in 2007

Lot Details

0

HOA Fees

$63 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: 2007
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Other Equipment: Dehumidifier, Generator
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Bookcases, Central Vacuum, Coffered Ceiling(s), Double Vanity, Entrance Foyer, High Ceilings 10 ft Main, High Speed Internet, Permanent Attic Stairs, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Keeping Room, Kitchen Island, Pantry Walk-In, Second Kitchen, Stone Counters, Tile Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Living Room, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 7319.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 3
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick 4 Sides, Cement Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Back Yard
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Exterior Features: Private Front Entry, Private Rear Entry
  • View: Lake
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway, Electric Vehicle Charging Station(s)

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • HOA Rent Restrictions: Yes
  • Association Fee: 750
  • 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: 0.8500
  • Deed Book: 5939
  • Deed Page: 665
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Private
  • Lot Dimensions: x
  • Parcel Number: 08088 000036
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2830.00
  • Assessor Parcel Number: 08-00088-00-036
  • Close Date: 2021-07-29
  • Tax Year: 2020

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
Mar 18, 2021
Closed on
Jul 29, 2021
Sold by
Speed William Evan Estate
Bought by
Shamblin Larry H and Shamblin Betty H
Seller's Agent
Dianna McWhorter
Keller Williams North Atlanta
Buyer's Agent
Freda Kalina
Virtual Properties Realty.Net, LLC.
List Price
$895,000
Sold Price
$720,500
Premium/Discount to List
-$174,500
-19.5%
Current Estimated Value
$1,038,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,602
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Jan 24, 2007
Sold by
Lambert Hugh and Lambert Susan
Bought by
Speed William E and Speed Naida R

Purchase Details

Closed on
Oct 29, 2004
Sold by
Kitchens Kitchens J and Kitchens Nancy
Bought by
Lambert Hugh and Lambert Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1995
Sold by
The Southlake Group L L C
Bought by
Kitchens Paul Nancy
Source: Public Records

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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
Shamblin Larry H $720,500 --
Speed William E $175,000 --
Lambert Hugh $120,000 --
Kitchens Paul Nancy $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Speed William E $129,282
Previous Owner Speed William E $938,250
Previous Owner Speed William E $100,000
Previous Owner Lambert Hugh $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $720,500 -7.0% $98 / Sq Ft
04/08/2021 04/08/21 Price Changed $775,000 -8.3% $106 / Sq Ft
03/26/2021 03/26/21 Price Changed $845,000 -5.6% $115 / Sq Ft
03/18/2021 03/18/21 For Sale $895,000 -- $122 / 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 $2,911 $342,480 $58,000 $284,480
2023 $2,717 $331,640 $58,000 $273,640
2022 $2,673 $309,040 $58,000 $251,040
2021 $2,860 $293,000 $67,560 $225,440
2020 $2,830 $283,240 $67,560 $215,680
2019 $2,835 $276,720 $67,560 $209,160
2018 $2,944 $280,436 $67,560 $212,876
2017 $2,774 $280,436 $67,560 $212,876
2016 $2,499 $280,436 $67,560 $212,876
2015 $2,500 $280,436 $67,560 $212,876
2014 $2,500 $280,436 $67,560 $212,876
Source: Public Records

Agents Affiliated with this Home

  • Dianna McWhorter

    Seller's Agent in 2021

    Dianna McWhorter

    Keller Williams North Atlanta

    (770) 407-7151

    149 Total Sales

    Dianna McWhorter
    Section Image
  • Freda Kalina

    Buyer's Agent in 2021

    Freda Kalina

    Virtual Properties Realty

    (770) 596-8178

    20 Total Sales

    Freda Kalina
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6850228

First Multiple Listing Service (FMLS)

APN: 08-00088-00-036

Georgia Hall County Gainesville 30504

5517 Mainsail Way, Gainesville, GA

This home is located at 5517 Mainsail Way, Gainesville, GA 30504 since 18 March 2021 and is currently estimated at $1,038,102, approximately $141 per square foot. This property was built in 2007. 5517 Mainsail Way is a home located in Hall County with nearby schools including Oakwood Elementary School, West Hall Middle School, and West Hall High School.

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