$399,900
SOLD OCT 8, 2015

5920 Truman Mountain Rd Gainesville, GA 30506

Lake Lanier Neighborhood
3 Beds
2 Baths
1,295 Sq Ft
0.42 Acres

Recently Sold

$309 Per Sq Ft

8% Below List Price

64 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Covered dock with one slips
  • Great Room
  • Chestatee Elementary School Rated A-

About This Home

As of February 2021

Close to water's edge sits this delightful & charming lake cottage w/picturesque big water views; detached 2 car garage; wrap around wood deck; spacious & open great room w/full wall of windows overlooking lakeside & "superior shape" dock in deep water. Home offers "turn key" option w/ furniture & furnishings included in price. Very convenient location in Forsyth County, close to Ga 400,shopping, restaurants, marinas and more. This home is definitely for the lake and boating enthusiast and would be a great income producing property.

Last Agent to Sell the Property

Susan Moss

The Norton Agency License #205795 Listed on: 08/03/2015

The Norton Agency

Last Buyer's Agent

Susan Moss

The Norton Agency License #205795 Listed on: 08/03/2015

The Norton Agency

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,547

Year Built

  • 1970

Interior Spaces

  • Great Room
  • Crawl Space

Schools

  • Chestatee Primary / Forsyth / Forsyth County Elementary School
  • Little Mill / Forsyth / Forsyth County Middle School
  • North Forsyth / Forsyth / Forsyth County High School

Utilities

  • Electric Water Heater
  • Septic Tank

Additional Features

  • Covered dock with one slips
  • 85 Feet of Waterfront

Property Details

Home Type

Other

Est. Annual Taxes

$7,547

Year Built

1970

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1970

Interior Features

  • Basement: Crawlspace
  • Kitchen Equipment: Dishwasher, Refrigerator
  • Feature Name: Lanier
  • Interior Amenities: Ceilings 9 Ft Plus, Skylight, Wall-to-wall Carpet
  • Laundry Type: Room
  • Kitchen / Breakfast: Pantry

Exterior Features

  • Boathouse/Dock: Covered Dock - 1 Slip
  • Construction: Aluminum/Vinyl
  • Exterior Features: Balcony, Deck/Patio
  • Roof Type: Composition
  • Waterfront Type: Deep Water Access, Lake Access, Water View, Waterfront
  • Waterfront Frontage: 85

Garage/Parking

  • Parking: 2 Car, Detached, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Propane
  • Energy Features: Electric Water Heater
  • Water/Sewer: Public Water, Septic Tank

Schools

  • Elementary School: Chestatee Primary / Forsyth / Forsyth County, GA
  • Elementary Bus Line: Yes
  • High School: North Forsyth / Forsyth / Forsyth County, GA
  • High School Bus: Yes
  • Middle School: Little Mill / Forsyth / Forsyth County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Sloping
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 17, 2021
Sold by
Lambeth Stephen Brian
Bought by
Mchale John J and Mchale Kelley D
Seller's Agent
BEVERLY KNIGHT
Keller Williams Lanier Partners
Buyer's Agent
Donilyn Hodge
Coldwell Banker Realty
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$856,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,602
Avg. Annual Appreciation
8.05%

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 8, 2015
Sold by
Lake Lanier Getaway Llc
Bought by
Lambeth Stephen Brian and Lambeth Judith Lee
Seller's Agent
Susan Moss
The Norton Agency
Buyer's Agent
Susan Moss
The Norton Agency
List Price
$435,000
Sold Price
$399,900
Premium/Discount to List
-$35,100
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$299,925
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2011
Sold by
Robertson William Lo
Bought by
Lake Lanier Getaway and C/O Patricia R Robertson

Purchase Details

Closed on
Apr 2, 2004
Sold by
Schemm Peter R
Bought by
Robertson William L O and Robertson Patricia
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $600,000 --
Warranty Deed $399,900 --
Warranty Deed -- --
Deed $299,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $756,000 New Conventional
Previous Owner $299,925 New Conventional
Previous Owner $100,250 Stand Alone Second
Previous Owner $250,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $600,000 0.0% $349 / Sq Ft
01/28/2021 01/28/21 For Sale $600,000 +50.0% $349 / Sq Ft
10/08/2015 10/08/15 Sold $399,900 0.0% $309 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
10/04/2015 10/04/15 Off Market $399,900 -- --
09/04/2015 09/04/15 Pending -- -- --
08/12/2015 08/12/15 Price Changed $399,900 -8.1% $309 / Sq Ft
08/03/2015 08/03/15 For Sale $435,000 -- $336 / 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 $7,547 $312,412 $180,000 $132,412
2024 $7,547 $307,784 $180,000 $127,784
2023 $6,601 $268,196 $140,000 $128,196
2022 $6,008 $209,264 $120,000 $89,264
2021 $5,288 $209,264 $120,000 $89,264
2020 $4,919 $191,392 $120,000 $71,392
2019 $4,920 $191,112 $120,000 $71,112
2018 $4,716 $180,624 $120,000 $60,624
2017 $4,124 $151,736 $100,000 $51,736
2016 $4,124 $151,736 $100,000 $51,736
2015 $3,506 $126,104 $100,000 $26,104
2014 $3,291 $124,324 $100,000 $24,324
Source: Public Records

Agents Affiliated with this Home

  • BEVERLY KNIGHT

    Seller's Agent in 2021

    BEVERLY KNIGHT

    Keller Williams Lanier Partners

    (678) 860-0990

    15 in this area

    132 Total Sales

    BEVERLY KNIGHT
    Section Image
  • Darlene Plavcan

    Seller Co-Listing Agent in 2021

    Darlene Plavcan

    Keller Williams Lanier Partners

    (678) 300-1275

    11 in this area

    104 Total Sales

    Darlene Plavcan
    Section Image
  • Donilyn Hodge

    Buyer's Agent in 2021

    Donilyn Hodge

    Coldwell Banker Realty

    (404) 271-4479

    8 in this area

    54 Total Sales

    Donilyn Hodge
    Section Image
  • Susan Moss

    Seller's Agent in 2015

    Susan Moss

    The Norton Agency

    (770) 654-6661

    2 in this area

    38 Total Sales

    Susan Moss
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 07499652

Georgia MLS

APN: 322-025

Georgia Forsyth County Gainesville 30506 Lake Lanier

5920 Truman Mountain Rd, Gainesville, GA

This home is located at 5920 Truman Mountain Rd, Gainesville, GA 30506 and is currently priced at $399,900, approximately $308 per square foot. This property was built in 1970. 5920 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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