NOT LISTED FOR SALE

5520 Truman Mountain Rd Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $1,047,000 - $1,198,482

4 Beds
4.5 Baths
3,769 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $909,000 $241 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,616/month

Highlights

  • 100 Feet of Waterfront
  • Covered dock with one slips
  • Spa
  • Chestatee Elementary School Rated A-
  • Deep Water Access
  • Lake View

About This Home

As of June 2017

Welcome to Big Water & Big Views! Come capture the essence of Lake Lanier living in this extraordinary craftsman style lake lodge with long distance views of the Chestatee and miles of deep blue water! It's all here including heart of pine floors, cathedral wood beam ceilings, granite counters, tile baths, finished terrace level, complete guest/bonus room & bath over garage, screen porches, tankless water heaters, sound system, driveway sensor & more! Single-slip dock with party deck, boat hoist, and landscaped steps to shoreline! Luxury Lake Living redefined!

Last Agent to Sell the Property

Arthur Prescott

Berkshire Hathaway HomeServices Georgia Properties License #246526 Listed on: 03/13/2017

Berkshire Hathaway HomeServices Georgia Properties

Last Buyer's Agent

Jacqueline Powalowski

Sanders RE, LLC License #280086

Sanders RE, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,031

Year Built

  • Built in 2004

Lot Details

  • 0.89 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding
  • Cedar

Interior Spaces

  • 3,769 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Home Office
  • Computer Room
  • Bonus Room
  • Game Room
  • Screened Porch
  • Lake Views
  • Security System Leased

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Pine Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • 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
  • Fireplace in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Accessible Home Design

  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Deep Water Access
  • Party Deck
  • Covered dock with one slips
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Well
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • North View Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 322 060

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,031

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Pine
  • Fireplace Features: Basement, Family Room, Masonry
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Double Vanity, High Ceilings 9 ft Main, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Family Room, Game Room, Great Room - 1 Story, Office, Other
  • Square Footage: 3769.00
  • Spa Features: Private

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 100
  • Construction Materials: Cedar, Cement Siding, Stone
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Front Porch, Screened
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Security System Leased
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: NORTH VIEW

Schools

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

Lot Info

  • Acres: 0.8900
  • Lot: 3
  • Land/Lot: 1336
  • Section G M D: 1ST
  • Deed Book: 4566
  • Deed Page: 445
  • Plat Book: 18
  • Plat Page: 257
  • Lot Features: Landscaped
  • Lot Dimensions: .89
  • Parcel Number: 322 060
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat

Tax Info

  • Taxes: 6031.00
  • Assessor Parcel Number: 322-000-060
  • Close Date: 2017-06-09
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Jun 9, 2017
Sold by
Bryant David Grady
Bought by
Jordan Daniel Lee and Jordan Kimberly
Seller's Agent
Arthur Prescott
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Jacqueline Powalowski
Sanders RE, LLC
List Price
$950,000
Sold Price
$909,000
Premium/Discount to List
-$41,000
-4.32%
Current Estimated Value
$1,111,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,621
Avg. Annual Appreciation
2.45%
Original Mortgage
$727,200
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Powell Cicero L and Powell Mary R
Bought by
Bryant David G and Bryant Constance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2003
Sold by
Boles Michael D
Bought by
Powell Cicero L and Powell Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 1999
Sold by
Lewis Thomas E
Bought by
Boles Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jordan Daniel Lee $909,000 --
Bryant David G $840,000 --
Powell Cicero L $260,000 --
Boles Michael D $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Daniel Lee $400,000
Closed Jordan Daniel Lee $548,000
Closed Jordan Daniel Lee $727,200
Previous Owner Bryant David G $500,000
Previous Owner Powell Cicero L $50,000
Previous Owner Powell Cicero L $25,000
Previous Owner Powell Cicero L $415,000
Previous Owner Ardsley Cicero L $375,000
Previous Owner Boles Michael D $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $909,000 -4.3% $241 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $950,000 -- $252 / 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 $8,946 $436,736 $198,000 $238,736
2024 $8,946 $427,776 $198,000 $229,776
2023 $7,494 $362,092 $154,000 $208,092
2022 $7,979 $304,192 $156,000 $148,192
2021 $7,781 $304,192 $156,000 $148,192
2020 $7,651 $297,876 $156,000 $141,876
2019 $7,606 $295,124 $156,000 $139,124
2018 $7,496 $288,652 $156,000 $132,652
2017 $6,031 $228,368 $100,000 $128,368
2016 $6,031 $228,368 $100,000 $128,368
2015 $6,042 $228,368 $100,000 $128,368
2014 $5,519 $217,460 $100,000 $117,460
Source: Public Records

Agents Affiliated with this Home

  • Arthur Prescott

    Seller's Agent in 2017

    Arthur Prescott

    Berkshire Hathaway HomeServices Georgia Properties

    (770) 309-7531

    5 in this area

    16 Total Sales

    Arthur Prescott
    Section Image
  • Jacqueline Powalowski

    Buyer's Agent in 2017

    Jacqueline Powalowski

    Sanders RE, LLC

    (678) 852-5397

    2 in this area

    28 Total Sales

    Jacqueline Powalowski
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5818510

First Multiple Listing Service (FMLS)

APN: 322-060

Georgia Forsyth County Gainesville 30506 Lake Lanier

5520 Truman Mountain Rd, Gainesville, GA

This home is located at 5520 Truman Mountain Rd, Gainesville, GA 30506 since 13 March 2017 and is currently estimated at $1,111,621, approximately $294 per square foot. This property was built in 2004. 5520 Truman Mountain Rd is a home located in Forsyth County with nearby schools including Chestatee Elementary School and Little Mill Middle School.

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