NOT LISTED FOR SALE

5521 Mainsail Way Gainesville, GA 30504

Estimated Value: $967,142 - $1,198,000

4 Beds
3.5 Baths
3,830 Sq Ft
$278/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $695,000 $181 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,725/month

29 Days on Market

Highlights

  • Waterfront
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Custom Closet System
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of January 2020

NEW CUSTOM CONSTRUCTION ON LAKE LANIER *LUXURY POINTE SOUTH COMMUNITY *SWEEPING LAKE VIEWS *HARDY SHAKE AND STONE EXTERIOR *COVERED FRONT PORCH *UPGRADED MODERN FINISHES THROUGHOUT *HARDWOOD FLOORS ON MAIN *MASTER ON MAIN *FORMAL DINING ROOM WITH BUTLER'S PANTRY *2 STORY GREAT ROOM WITH BUILT-IN BOOKCASES AND FIREPLACE *GOURMET KITCHEN WITH QUARTZ COUNTERTOPS, TOP-OF-THE-LINE STAINLESS STEEL APPLIANCES, BREAKFAST BAR ISLAND, GAS RANGE WITH POT-FILLER, WHITE CABINETRY AND TILED BACKSPLASH *LARGE BREAKFAST ROOM *FIRESIDE KEEPING ROOM WITH COFFERED CEILING *DOUBLE TRAY CEILING IN THE OWNER'S SUITE WITH FIREPLACE *ACCESS TO THE COVERED PORCH *PRIVATE SPA BATH WITH HIS/HER VANITIES, FREE- STANDING SOAKING TUB, TILED SHOWER WITH FRAMELESS SHOWER DOOR AND CUSTOM CLOSETS *UPPER LEVEL MEDIA ROOM/LOFT *GUEST ENSUITE *2 ADDITIONAL SECONDARY BEDROOMS *DAYLIGHT, WALKOUT TERRACE LEVEL STUBBED FOR BATHROOM FOR FUTURE EXPANSION *COVERED BACK PORCH WITH FIREPLACE *COVERED PATIO *3 CAR GARAGE *IRRIGATION SYSTEM *NOT DOCKABLE BUT 2 MINUTES TO MARINA

Last Agent to Sell the Property

Tracy Cousineau

Tracy Cousineau Real Estate Listed on: 11/21/2019

Last Buyer's Agent

Non Member

ATHENS AREA ASSOCIATION OF REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 2018

Lot Details

  • 0.84 Acre Lot
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Additional Parking

Home Design

  • Traditional Architecture
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 3,830 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room with Fireplace
  • Storage
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Custom Closet System

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Underground Utilities
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-00088-00-031

Community Details

Overview

  • Pointe South Subdivision

Recreation

  • Waterfront

Home Details

Home Type

Single Family

Est. Annual Taxes

$480

Year Built

Built in 2018

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Directions: I85N, I985N, exit 16 left on Mundy Mill to dead end. Left on McEver. Right on Stephens. Right on Flat Creek Rd. Left on Point South Dr. Left on Spinnaker. Right on Mainsail Way.
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.84
  • Ownership: Owner
  • Subdivision Name: Pointe South
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Oven, Range, Refrigerator, See Remarks, Some Commercial Grade
  • Interior Amenities: Built-in Features, Tray Ceiling(s), Ceiling Fan(s), Custom Cabinets, High Speed Internet, Kitchen Island, Other, Pantry, Pot Filler, See Remarks, Cable TV, Vaulted Ceiling(s), Wired for Data, Window Treatments, Entrance Foyer, Eat-in Kitchen, Main Level Primary, Primary Suite, Programmable Thermostat, Storage
  • Has Basement: Exterior Entry, Interior Entry, Bath/Stubbed, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Two, Gas Log, Great Room, Master Bedroom, Other, Outside, See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3830.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Window Treatments
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Sprinkler/Irrigation, Porch, Patio
  • Waterfront: Yes
  • Disclosures: Disclosure on File
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Stone
  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

  • Parking Features: Additional Parking, Attached, Garage, Garage Door Opener, Parking Available
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Underground Utilities
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Waterfront
  • Amenities: Other, See Remarks
  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: See Remarks

Schools

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

Lot Info

  • Parcel #: 08-00088-00-031
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2018
  • Tax Annual Amount: 480.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 28, 2020
Sold by
Kriser Matthew
Bought by
Gibbs Mark Edward and Gibbs Marti Renee
Seller's Agent
Tracy Cousineau
Tracy Cousineau Real Estate
Buyer's Agent
Non Member
ATHENS AREA ASSOCIATION OF REALTORS
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%
Current Estimated Value
$1,066,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,036
Avg. Annual Appreciation
8.14%
Original Mortgage
$510,400
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2018
Sold by
North Georgia Growth Fund Ii Lp
Bought by
Kriser Matthew

Purchase Details

Closed on
Jan 30, 2009
Sold by
Integrity Bank
Bought by
North Georgia Growth Fund Ii L

Purchase Details

Closed on
Sep 4, 2007
Sold by
Joyce Manor Homes Inc
Bought by
Integrity Bank

Purchase Details

Closed on
Jun 7, 2006
Sold by
Stevens Stanley W and Stevens Janice G
Bought by
Joyce Manor Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 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 Buyer Sale Price Title Company
Gibbs Mark Edward $695,000 --
Kriser Matthew $89,000 --
North Georgia Growth Fund Ii L $39,000 --
Integrity Bank $261,275 --
Joyce Manor Homes Inc $250,000 --
-- $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Mark Edward $510,400
Closed Gibbs Mark Edward $510,400
Previous Owner Joyce Manor Homes Inc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold $695,000 -4.1% $181 / Sq Ft
12/21/2019 12/21/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $725,000 -- $189 / Sq Ft
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

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 $8,838 $353,000 $49,200 $303,800
2023 $8,056 $337,040 $49,200 $287,840
2022 $7,536 $288,160 $49,200 $238,960
2021 $6,378 $238,600 $17,720 $220,880
2020 $5,831 $209,560 $17,720 $191,840
2019 $3,869 $135,680 $17,720 $117,960
2018 $480 $13,560 $13,560 $0
2017 $473 $13,560 $13,560 $0
2016 $463 $13,560 $13,560 $0
2015 $460 $13,560 $13,560 $0
2014 $460 $13,560 $13,560 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 972380

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 08-00088-00-031