NOT LISTED FOR SALE

5601 Marks Dr Gainesville, GA 30506

Lake Lanier Area

Estimated Value: $998,168 - $1,099,000

4 Beds
3 Baths
3,096 Sq Ft
$338/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2020

Last sale price $630,000 $203 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,510 / mo

91 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Boating
  • Open-Concept Dining Room
  • Covered dock with one slips
  • Deep Water Access
  • Lake View

About This Home

As of June 2020

This home is move-in ready, so you can start enjoying the summer fun on Lake Lanier. Watch the boats pass by from a large deck, or 2 screen porches, or you may choose to relax on the front porch. The steel dock with boat lift and party deck floats on DEEP water year round. A 2 story wall of windows and skylights allow for an abundance of natural light. The Kitchen has granite countertops. tile backsplash, and large island. The Great room has built-in cabinets and a 2 story stone fireplace. Master suite has loft with lake views. Master bath with dual vessel sinks, large shower with dual heads and travertine tile. Fully finished Terrace level has great views, 2nd great room, office space, large bdrm/bath, laundry room with chute. New roof, gutters, ext paint, Generac, and extra wide cart path. 2018 UTV and Pool Table INCLUDED!!

Last Agent to Sell the Property

Cindy Fauci

Berkshire Hathaway HomeServices Georgia Properties License #392010 Listed on: 02/21/2020

Berkshire Hathaway HomeServices Georgia Properties

Last Buyer's Agent

Mary Jackson

Homesouth Residential Incorporated License #161847

Homesouth Residential Incorporated

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,578

Year Built

  • Built in 2001

Lot Details

  • 26,136 Sq Ft Lot
  • Lot Dimensions are 83x47x287x79x263
  • 90 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Wooded Lot

Home Design

  • Chalet
  • Composition Roof
  • Cedar

Interior Spaces

  • 3,096 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • Home Office
  • Library
  • Loft
  • Screened Porch
  • Lake Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with one slips
  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Central Heating
  • Air Source Heat Pump
  • Power Generator
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 11-134 -000-040

Community Details

Overview

  • R A Whelchel Subdivision
  • Community Lake

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,578

Year Built

Built in 2001

Lot Details

0.6 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Chalet
  • Property Condition: Resale
  • Year Built: 2001
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Great Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Electric Oven, Refrigerator, Microwave, Washer
  • Interior Amenities: High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Bookcases, Cathedral Ceiling(s), Double Vanity, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished Bath, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Stone Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Library, Loft, Office, Great Room - 2 Story
  • Dining Room Features: Open Concept
  • Square Footage: 3096.00
  • Spa Features: None
  • Window Features: Skylight(s), Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master, Split Bedroom Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only, Skylights

Exterior Features

  • Other Structures: Outbuilding
  • Waterfront Frontage: 90
  • Construction Materials: Cedar
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Screened, Side Porch
  • View: Lake

Garage/Parking

  • Parking Features: Driveway, Kitchen Level, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Smoke Detector(s), Security System Owned
  • Cooling: Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: In Basement, Laundry Chute, Laundry Room
  • Utilities: Electricity Available
  • Electric: Generator

Condo/Co-op/Association

  • Community Features: Boating, Lake
  • Subdivision Complex: R A Whelchel

Lot Info

  • Acres: 0.6000
  • Plat Book: 17
  • Plat Page: 134
  • Lot Features: Wooded
  • Lot Dimensions: 83x47x287x79x263
  • Parcel Number: 11-134 -000-040
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 5578.00
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jun 15, 2020
Sold by
Bought by
Seller's Agent
Cindy Fauci
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Mary Jackson
Homesouth Residential Incorporated
List Price
$689,000
Sold Price
$630,000
Premium/Discount to List
-$59,000
-8.56%
Current Estimated Value
$1,047,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,292
Avg. Annual Appreciation
8.64%
Original Mortgage
$504,000
Outstanding Balance
$437,767
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$609,525

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 20, 2017
Sold by
Bought by
Seller's Agent
Tom Becker
Becker Realty, Inc.
Buyer's Agent
Denise McDonald
NOT A VALID MEMBER
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$399,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gainesville, GA

  • Mark Panetta Real Estate Agent - Atlanta Communities

    Mark Panetta

    Atlanta Communities

    (888) 614-5366

    51 Total Sales

    12 in Lake Lanier

    $240K - $1.2M Price Range

    Mark Panetta
     Section Image
  • Laurie Rogers Real Estate Agent - Virtual Properties Realty.com

    Laurie Rogers

    Virtual Properties Realty.com

    (877) 629-9394

    77 Total Sales

    2 in Lake Lanier

    $390,000 Price Range

    Laurie Rogers
     Section Image
  • Lori Martin Real Estate Agent - The Norton Agency

    Lori Martin

    Responds Quickly

    The Norton Agency

    (770) 629-9612

    46 Total Sales

    21 in Lake Lanier

    $275K - $915K Price Range

    Lori Martin
     Section Image
  • Rick Musto Real Estate Agent - Homesmart Realty Partners

    Rick Musto

    Homesmart Realty Partners

    (770) 988-7003

    52 Total Sales

    2 in Lake Lanier

    $550,000 Price Range

    Rick Musto
     Section Image
  • Anne Marie Walker Real Estate Agent - Keller Williams Realty Community Partners

    Anne Marie Walker

    Responds Quickly

    Keller Williams Realty Community Partners

    (470) 577-8598

    55 Total Sales

    4 in Lake Lanier

    $475K - $950K Price Range

    Anne Marie Walker
     Section Image
  • Melissa Phillips Real Estate Agent - Keller Williams Realty Atl. Partners

    Melissa Phillips

    Keller Williams Realty Atl. Partners

    (770) 525-9799

    84 Total Sales

    2 in Lake Lanier

    $370,000 Price Range

    Melissa Phillips
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 --
$499,000 --
-- --
$129,000 --
$350,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $504,000
Previous Owner $399,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2020 06/15/20 Sold $630,000 -0.8% $203 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $634,900 -2.3% $205 / Sq Ft
04/16/2020 04/16/20 Price Changed $649,900 -3.6% $210 / Sq Ft
03/12/2020 03/12/20 Price Changed $674,500 -0.7% $218 / Sq Ft
03/11/2020 03/11/20 Price Changed $679,000 -1.5% $219 / Sq Ft
02/21/2020 02/21/20 For Sale $689,000 +38.1% $223 / Sq Ft
06/20/2017 06/20/17 Sold $499,000 0.0% $161 / Sq Ft View Prior Sale
04/28/2017 04/28/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $499,000 -- $161 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,907 $370,916 $187,080 $183,836
2024 $7,299 $292,836 $143,920 $148,916
2023 $6,647 $266,396 $125,920 $140,476
2022 $6,253 $240,184 $125,920 $114,264
2021 $6,263 $236,080 $125,920 $110,160
2020 $6,063 $223,840 $125,920 $97,920
2019 $5,966 $218,280 $125,920 $92,360
2018 $5,637 $201,920 $117,680 $84,240
2017 $1,295 $132,440 $68,600 $63,840
2016 $1,166 $132,440 $68,600 $63,840
2015 $2,502 $132,440 $68,600 $63,840
2014 $2,502 $171,440 $107,600 $63,840
Source: Public Records

Agents Affiliated with this Home

  • Cindy Fauci Real Estate Agent - Berkshire Hathaway HomeServices Georgia Properties

    Seller's Agent in 2020

    Cindy Fauci

    Berkshire Hathaway HomeServices Georgia Properties

    (770) 536-3007

    40 Total Sales

    Cindy Fauci
    Section Image
  • Mary Jackson Real Estate Agent - Homesouth Residential Incorporated

    Buyer's Agent in 2020

    Mary Jackson

    Homesouth Residential Incorporated

    (404) 667-0628

    40 Total Sales

    Mary Jackson
    Section Image
  • Tom Becker Real Estate Agent - Becker Realty, Inc.

    Seller's Agent in 2017

    Tom Becker

    Becker Realty, Inc.

    (678) 596-5053

    35 Total Sales

    Tom Becker
    Section Image

  • D

    Buyer's Agent in 2017

    Denise McDonald

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6684183

First Multiple Listing Service (FMLS)

APN: 11-00134-00-040

Georgia Hall County Gainesville 30506

5601 Marks Dr, Gainesville, GA

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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