NOT LISTED FOR SALE

5609 Marks Dr Gainesville, GA 30506

Estimated Value: $873,000 - $1,119,344

4 Beds
3 Baths
2,575 Sq Ft
$405/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $1,115,000 $433 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,294/month

41 Days on Market

Highlights

  • Lake Front
  • Deep Water Access
  • Community Lake
  • 2 Boat Docks
  • Sauna
  • Deck

About This Home

As of September 2024

Discover your tranquil lakeside haven in this inviting 4-bedroom, 3-full bath home surrounded with elegant terracing, lush foliage, an array of flowers, and a gracefully cascading waterfall. This lakefront home is on deep water with a double slip dock with party deck, ready for the summer adventures and ending the day with gorgeous sunsets. Inside, you will find white oak hardwood floors and a 2-story wall of windows, complete with motorized shades for the lower windows. The modern kitchen has granite counters with island, and white cabinetry, seamlessly connecting to the den and opening onto a large deck with motorized awnings for plenty of shade. This main floor also has 2 bedrooms and full bathroom. Upstairs, the owner's suite is a true retreat, featuring an oversized bedroom, walk-in closet, and a renovated bathroom with a stunning shower. The fully finished terrace level is an entertainer's paradise, with a custom wet bar offering plenty of seating and an entertainment space opening to a cozy screened porch. You can unwind at the end of a fun day on the lake in the relaxing Sauna. This floor includes a large bedroom, renovated en-suite bath, laundry room and an office. Relax with friends and family around a spacious fire pit area with the peaceful sounds of the waterfall nearby. Enjoy the beautiful seasonal views from all of the windows overlooking Lake Lanier. This home has abundant storage on all floors, including a pantry, and exterior storage, including an outbuilding for all of your extras. A paving stone cart path eases the access to the lake. This property is nestled in a quaint, quiet, small community with a private road, and NO HOA. Why keep waiting- go ahead and start your Lake Life adventures.

Last Agent to Sell the Property

Cindy Fauci

BHHS Georgia Properties License #392010 Listed on: 06/27/2024

BHHS Georgia Properties

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,387

Year Built

  • Built in 2000

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • Parking Accessed On Kitchen Level

Property Views

  • Lake
  • Seasonal

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Home Office
  • Screened Porch
  • Sauna
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Bathtub Includes Tile Surround

Finished Basement

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

Outdoor Features

  • Deep Water Access
  • 2 Boat Docks
  • Deck
  • Outdoor Water Feature
  • Outbuilding

Location

  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Shared Well
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,387

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • ArchitecturalStyle: Traditional
  • Financing Type: Other
  • Levels: Three Or More
  • Lot Size Acres: .53
  • Other Sturctures: Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 2
  • Total Finished Area2: 2575
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Basement: Bath Finished, Concrete, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Below Grade Finished Sq Ft: 1063
  • Total Finished Sq Ft: 1512
  • Above Grade Finished Sq Ft: 1512
  • Interior Amenities: Double Vanity, Sauna, Split Bedroom Plan, Tile Bath, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Feature Name: Lanier
  • Full Bathrooms: 3
  • Fireplace Features: Family Room
  • Flooring: Hardwood, Tile
  • Kitchen Features: Kitchen Island, Solid Surface Counters
  • Window Features: Double Pane Windows

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone
  • ExteriorFeatures: Sprinkler System, Water Feature
  • Lot Features: Sloped
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake, Seasonal View
  • Waterfront Features: Deep Water Access, Lake

Garage/Parking

  • Parking Features: Kitchen Level

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Propane, Water Available
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lanier
  • High School: Chestatee
  • High School Bus: No
  • Middle School: Chestatee
  • Middle School Bus: No

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6387

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Sep 3, 2024
Sold by
Jaakkola Jyrki T
Bought by
Nendza Douglas A and Nendza Emma
Seller's Agent
Cindy Fauci
BHHS Georgia Properties
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$1,299,000
Sold Price
$1,115,000
Premium/Discount to List
-$184,000
-14.16%
Views
20
Current Estimated Value
$1,043,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,414
Avg. Annual Appreciation
-5.00%
Original Mortgage
$892,000
Outstanding Balance
$879,364
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$164,222

Purchase Details

Closed on
Mar 22, 2011
Sold by
Jaakkola Jyrki T
Bought by
Jaakkola Jyrki T and Castro Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2000
Sold by
Reeves Premier Properties Llc
Bought by
Bergeron Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,650
Interest Rate
7.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1999
Sold by
Crenshaw J R
Bought by
Reeves Premier Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nendza Douglas A $1,115,000 --
Jaakkola Jyrki T -- --
Jaakkola Jyrki T $445,000 --
Bergeron Michelle A $372,000 --
Reeves Premier Properties Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nendza Douglas A $892,000
Previous Owner Jaakkola Jyrki T $356,000
Previous Owner Bergeron Michelle A $304,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $1,115,000 -3.0% $433 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $1,150,000 -8.0% $447 / Sq Ft
07/17/2024 07/17/24 Price Changed $1,250,000 -3.8% $485 / Sq Ft
06/27/2024 06/27/24 For Sale $1,299,000 -- $504 / Sq Ft
Source: Georgia MLS

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 $9,723 $405,160 $190,960 $214,200
2024 $6,940 $278,280 $133,560 $144,720
2023 $6,655 $255,840 $116,840 $139,000
2022 $6,075 $233,280 $116,840 $116,440
2021 $6,109 $230,192 $116,840 $113,352
2020 $6,175 $225,992 $116,840 $109,152
2019 $6,067 $219,992 $116,840 $103,152
2018 $4,443 $203,512 $109,200 $94,312
2017 $4,396 $155,152 $63,640 $91,512
2016 $4,290 $155,152 $63,640 $91,512
2015 $2,275 $155,152 $63,640 $91,512
2014 $2,275 $191,352 $99,840 $91,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10327984

Georgia MLS

APN: 11-00134-00-042