NOT LISTED FOR SALE

5521 Mainsail Way Gainesville, GA 30504

Estimated Value: $1,032,000 - $1,119,000

4 Beds
3.5 Baths
-- Sq Ft
0.84 Acres

Last Sold January 28, 2020

Last sale price $695,000

Est. 54% increase in value since last sale

Current estimated payment $6,332/month

38 Days on Market

Highlights

  • Waterfront
  • Traditional Architecture
  • Screened Porch
  • Vaulted Ceiling
  • Wood Flooring
  • 3 Car Attached Garage

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 2018

Lot Details

  • Waterfront

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Stone

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Fireplace
  • Screened Porch
  • Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic Tank

Community Details

  • Pointe South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-00088-00-031

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

  • GarageYN: Yes
  • Inclusions: Ceiling Fans
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2018
  • Subdivision Name: Pointe South
  • Architectural Style: Traditional
  • Reso Flooring: Carpet, Tile, Wood
  • Reso Interior Features: Tray Ceiling(s), Ceiling Fan(s), Kitchen Island, Other, Pantry, Vaulted Ceiling(s)
  • Tax Year: 2018
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Some Gas Appliances, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Basement: Bath/Stubbed, Unfinished
  • Fireplace Features: Gas
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Waterfront: Yes
  • Acres: 0.84
  • Home Warranty: No
  • Construction Type: Stone
  • Exterior Features: Other, Porch
  • Patio And Porch Features: Porch, Screened

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: West Hall Middle School

Lot Info

  • Lot Size Area: 0.84
  • Parcel Number: 08-00088-00-031
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 480.0

MLS Schools

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

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
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%
Current Estimated Value
$1,070,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,919
Avg. Annual Appreciation
7.60%
Original Mortgage
$510,400
Outstanding Balance
$450,088
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$620,831

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
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
Previous Owner Joyce Manor Homes Inc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2020 01/28/20 Sold $695,000 -4.1% --
12/29/2019 12/29/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $725,000 -- --
Source: Savannah Multi-List Corporation

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 $7,850 $323,960 $43,280 $280,680
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

  • T

    Seller's Agent in 2020

    Tracy Cousineau

    Tracy Cousineau Real Estate

See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: CM972380

Savannah Multi-List Corporation

APN: 08-00088-00-031

Georgia Hall County Gainesville 30504

5521 Mainsail Way, Gainesville, GA

Not Listed for Sale

Detached

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