NOT LISTED FOR SALE

5540 Marks Dr Gainesville, GA 30506

Estimated Value: $990,000

4 Beds
4.5 Baths
2,755 Sq Ft
$359/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $959,900 $348 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,253/month

121 Days on Market

Highlights

  • 229 Feet of Waterfront
  • Lake View
  • Dining Room Seats More Than Twelve
  • New Construction
  • 1.52 Acre Lot
  • Deck

About This Home

As of August 2024

Popular Madison plan ready to close end of April. Our largest ranch plan featuring 4 bedrooms and 4 baths on an unfinished basement on an acre and a half which backs up to the Corps Property and Lake Lanier. This lot provides seasonal lake views and has room for a pool. Home features many upgrades such as tankless hot water heater, upgraded cabinets, 48" professional range, quartz countertops, screened back porch with a fireplace, 4 sides of sod and irrigation, butler's pantry, mudroom, hardwoods throughout, and more! No HOA!

Last Agent to Sell the Property

Tamara Stout

Century 21 Results License #313946 Listed on: 03/22/2024

Century 21 Results

Last Buyer's Agent

Tamara Stout

Century 21 Results License #313946 Listed on: 03/22/2024

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,388

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.52 Acre Lot
  • 229 Feet of Waterfront
  • Lake Front
  • Fenced Front Yard
  • Private Lot

Parking

  • 3 Car Garage

Home Design

  • 2-Story Property
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,755 Sq Ft Home
  • Bookcases
  • 2 Fireplaces
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Entrance Foyer
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Screened Porch
  • Lake Views

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Laundry in Hall

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Lanier Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • 220 Volts
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,388

Year Built

Built in 2024 | New Construction

Lot Details

1.52 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • ArchitecturalStyle: Ranch
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 1.52
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2755
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater, Dishwasher, Double Oven, Microwave
  • Bedrooms: 4
  • Dining Room Features: Seats 12+
  • Basement: Bath/Stubbed, Daylight, Interior Entry, Exterior Entry, Full
  • Total Finished Sq Ft: 2755
  • Above Grade Finished Sq Ft: 2755
  • Interior Amenities: Bookcases, Master On Main Level
  • Feature Name: LANIER
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Factory Built, Gas Starter
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Room, Kitchen Island, Walk-in Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Main Level Full Bathrooms: 4
  • Bedroom Main Level: 4

Exterior Features

  • Waterfront Frontage: 229
  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Fencing: Front Yard
  • Lot Features: Private
  • Patio And Porch Features: Deck, Screened
  • Property Condition: New Construction
  • Roof: Composition
  • View: Lake
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 3

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Propane, Zoned
  • Laundry Features: In Hall
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lanier
  • High School: Chestatee
  • Middle School: Chestatee

Lot Info

  • Land Lot: 134
  • Lot: 2

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1388
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $959,900 -4.0% $348 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $999,900 -11.1% $363 / Sq Ft
05/08/2024 05/08/24 Price Changed $1,125,000 -2.2% $408 / Sq Ft
03/22/2024 03/22/24 For Sale $1,150,000 -- $417 / Sq Ft
Source: Georgia MLS

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 $1,821 $411,000 $112,680 $298,320
2024 $6,054 $245,400 $64,320 $181,080
2023 $1,448 $56,280 $56,280 $0
2022 $1,530 $56,280 $56,280 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10270731

Georgia MLS

APN: 11-134-000-063B

Your Personal Tour Guide

Ask me questions while you tour the home.