NOT LISTED FOR SALE

5905 Truman Mountain Rd Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $768,000 - $816,944

1 Bed
1 Bath
1,296 Sq Ft
$614/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $345,000 $266 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,813/month

Highlights

  • 100 Feet of Waterfront
  • Covered dock with one slips
  • A-Frame Home
  • Chestatee Elementary School Rated A-
  • Lake View
  • Community Lake

About This Home

As of August 2014

ALWAYS DEEP WATER!! The feel of a mountain cottage! This home is tucked away in the woods with 2 private decks and nice lake views. It is the ideal cottage and location on FABULOUS water! Totally renovated from top to bottom in tasteful cedar and designer touches. Don't let the bedroom count fool you cause there are plenty of places to sleep 7 comfortably. The master is on the main and a great upper loft currently used as bedrooms. Cute and cozy and a delightful place to call your weekender. Beautfiul single slip dock with party deck on great water! Come visit!

Last Agent to Sell the Property

Teresa Smith

Keller Williams Realty Atlanta Partners License #248187 Listed on: 07/02/2014

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Shelly Clark

First United Realty of Ga, Inc. License #285754

First United Realty of Ga, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1972

Lot Details

  • 100 Feet of Waterfront
  • Lake Front
  • Sloped Lot

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,296 Sq Ft Home
  • 1.5-Story Property
  • Great Room
  • Loft
  • Pine Flooring
  • Lake Views
  • Crawl Space

Kitchen

  • Open to Family Room
  • Electric Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Covered dock with one slips
  • Deck

Schools

  • Chestatee Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • High Speed Internet

Community Details

  • Windsor Woods Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 5905TrumanMountainRD

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,667

Year Built

Built in 1972

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Property Condition: Resale
  • Year Built: 1972
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Pine
  • Appliances: Electric Range
  • Interior Amenities: High Speed Internet
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Other, Laminate Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Loft
  • Square Footage: 1296.00

Beds/Baths

  • Total Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Waterfront Frontage: 100
  • Construction Materials: Cedar
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck
  • View: Lake

Garage/Parking

  • Parking Features: Driveway, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Windsor Woods

Schools

  • Elementary School: Chestatee
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Lot: 19
  • Land/Lot: 335
  • Section G M D: 1
  • Plat Book: 32
  • Plat Page: 90
  • Lot Features: Sloped
  • Parcel Number: 5905TrumanMountainRD
  • Property Attached Yn: No

Tax Info

  • Taxes: 2667.00
  • Assessor Parcel Number: 322-000-018
  • Close Date: 2014-08-28
  • Tax Year: 2013

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Aug 28, 2014
Sold by
Heffernan Theresa
Bought by
Madsen Keven M and Madsen Ann J
Seller's Agent
Teresa Smith
Keller Williams Realty Atlanta Partners
Buyer's Agent
Shelly Clark
First United Realty of Ga, Inc.
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%
Current Estimated Value
$795,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,486
Avg. Annual Appreciation
7.83%
Original Mortgage
$276,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Madsen Keven M $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madsen Keven M $275,000
Closed Madsen Keven M $236,000
Closed Madsen Keven M $276,000
Previous Owner Satterfield Jay H $84,000
Previous Owner Satterfield Jay H $50,000
Previous Owner Satterfield Jay H & Donna $77,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $345,000 -1.1% $266 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $349,000 -- $269 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $7,331 $300,368 $216,000 $84,368
2024 $7,331 $298,948 $216,000 $82,948
2023 $6,113 $248,368 $168,000 $80,368
2022 $4,960 $176,044 $120,000 $56,044
2021 $4,861 $176,044 $120,000 $56,044
2020 $4,808 $174,120 $120,000 $54,120
2019 $4,695 $169,792 $120,000 $49,792
2018 $4,409 $159,424 $120,000 $39,424
2017 $3,747 $135,008 $100,000 $35,008
2016 $3,747 $135,008 $100,000 $35,008
2015 $3,754 $135,008 $100,000 $35,008
2014 $2,662 $100,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Teresa Smith

    Seller's Agent in 2014

    Teresa Smith

    Keller Williams Realty Atlanta Partners

    (678) 318-5007

    17 in this area

    151 Total Sales

    Teresa Smith
    Section Image
  • Shelly Clark

    Buyer's Agent in 2014

    Shelly Clark

    First United Realty of Ga, Inc.

    (678) 725-3467

    1 Total Sale

    Shelly Clark
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5313129

First Multiple Listing Service (FMLS)

APN: 322-018

Georgia Forsyth County Gainesville 30506 Lake Lanier

5905 Truman Mountain Rd, Gainesville, GA

This home is located at 5905 Truman Mountain Rd, Gainesville, GA 30506 since 02 July 2014 and is currently estimated at $795,486, approximately $613 per square foot. This property was built in 1972. 5905 Truman Mountain Rd is a home located in Forsyth County with nearby schools including Chestatee Elementary School and Little Mill Middle School.

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