$2,557,550
SOLD JUL 27, 2020
5 Beds
8 Baths
9,117 Sq Ft
3.32 Acres

Recently Sold

$281 Per Sq Ft

12% Below List Price

37 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Double Slip
  • Heated In Ground Pool
  • Chestatee Elementary School Rated A-
  • Home Theater
  • Lake On Lot

About This Home

As of July 2020

AUCTION - Seller offering property via online auction. Bid online beginning Monday, June 22nd with a starting bid of $1M. Preview Period begins on Friday, June 19th to view this beautiful home. Unparalled 3.5 acre estate situated on beautiful Lake Lanier. Stunning views with 500' of shoreline, deep water, oversized party dock, heated saline infinity edge pool and outdoor veranda with fireplace and outdoor kitchen. This exceptionally elegant home boasts a stunning open floorplan, spacious owner's suite with separate dressing room, 2nd master suite, pub bar overlooking the pool and lake, media room, wine cellar, champagne bar and unique custom architectural details throughout. Agent is not engaging in auctioneering activities.

Last Agent to Sell the Property

Jacqueline Powalowski

Sanders RE, LLC License #280086 Listed on: 05/20/2020

Sanders RE, LLC

Last Buyer's Agent

Rikki Jenkins

Keller Williams Realty Community Partners License #342869

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,011

Year Built

  • Built in 2006

Lot Details

  • 3.32 Acre Lot
  • 500 Feet of Waterfront
  • Lake Front
  • Property fronts an easement
  • Private Entrance
  • Wrought Iron Fence
  • Landscaped
  • Level Lot
  • Irrigation Equipment
  • Back Yard Fenced and Front Yard

Parking

  • 4 Car Detached Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 9,117 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Home Theater Equipment
  • Bookcases
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Great Room with Fireplace
  • 4 Fireplaces
  • Family Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Game Room
  • Sauna
  • Home Gym
  • Lake Views

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Party Deck
  • Boat Hoist or Davit
  • Double Slip
  • Lake On Lot
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 220 Volts in Garage
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 320 031

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,011

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Three Or More
  • Special Features: Auction

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log, Gas Starter, Great Room, Master Bedroom, Outside
  • Number Of Fireplaces: 4
  • Other Equipment: Home Theater, Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Central Vacuum, Coffered Ceiling(s), Double Vanity, Entrance Foyer 2 Story, High Ceilings 10 ft Main, His and Hers Closets, Sauna, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Partial
  • Kitchen Features: Breakfast Room, Cabinets Stain, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Game Room, Great Room - 2 Story, Library, Loft, Media Room, Office, Other
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 9117.00
  • Spa Features: Private
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master, Sitting Room
  • Main Bedrooms: 1
  • Total Bathrooms: 8
  • Total Full Baths: 6
  • Total Half Baths: 2
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Other Structures: Garage(s), Outdoor Kitchen
  • Waterfront Frontage: 500
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Back Yard, Fenced, Wrought Iron
  • Patio And Porch Features: Covered, Deck, Patio, Rear Porch
  • Exterior Features: Balcony, Gas Grill, Private Front Entry, Private Rear Entry, Private Yard
  • Pool Features: Gunite, Heated, In Ground
  • View: Lake
  • Pool Private: Yes

Garage/Parking

  • Carport or Garage: 4
  • Number of Garage Spaces: 4
  • Number Of Parking Spaces: 8
  • Parking Features: Detached, Driveway, Garage, Garage Door Opener, Kitchen Level, Level Driveway, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level, Upper Floor
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 220 Volts, 220 Volts in Garage

Schools

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

Lot Info

  • Acres: 3.3200
  • Land/Lot: 1296
  • Section G M D: 1
  • Lot Features: Back Yard, Front Yard, Lake On Lot, Landscaped, Level, Private
  • Lot Dimensions: x
  • Parcel Number: 320 031
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 24011.00
  • Assessor Parcel Number: 320-000-031
  • Additional Assessor Parcel Numbers: 319-000-108
  • Close Date: 2020-07-27
  • Tax Year: 2019

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: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 27, 2020
Sold by
Garland Kevin Brett
Bought by
Reikofski Denise Louise and Denise Sanne Reikofski Rev Tru
Seller's Agent
Jacqueline Powalowski
Sanders RE, LLC
Buyer's Agent
Rikki Jenkins
Keller Williams Realty Community Partners
List Price
$2,900,000
Sold Price
$2,557,550
Premium/Discount to List
-$342,450
-11.81%
Current Estimated Value
$3,138,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,697
Avg. Annual Appreciation
5.44%
Original Mortgage
$2,000,000
Outstanding Balance
$1,798,876
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,532,612

Purchase Details

Listed on
Apr 22, 2013
Closed on
Dec 30, 2013
Sold by
Fuentes Kimberly
Bought by
Garland Kevin Brett
Seller's Agent
James Lyons
NOT A VALID MEMBER
Buyer's Agent
Patricia Kellogg
Maximum One Catalyst Partners
List Price
$2,850,000
Sold Price
$2,300,000
Premium/Discount to List
-$550,000
-19.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$574,770
Interest Rate
4.29%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $2,557,500 --
Warranty Deed $2,300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $750,000 Commercial
Previous Owner $574,770 New Conventional
Previous Owner $250,000 Stand Alone Second
Previous Owner $1,131,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $2,557,550 -11.8% $281 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $2,900,000 +26.1% $318 / Sq Ft
12/30/2013 12/30/13 Sold $2,300,000 -19.3% --
09/13/2013 09/13/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $2,850,000 -- --
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
2024 $7,156 $1,070,992 $278,880 $792,112
2023 $7,089 $1,070,992 $278,880 $792,112
2022 $5,946 $900,676 $232,400 $668,276
2021 $24,871 $900,676 $232,400 $668,276
2020 $24,111 $873,160 $232,400 $640,760
2019 $24,011 $868,280 $232,400 $635,880
2018 $25,583 $925,124 $232,400 $692,724
2017 $24,413 $879,612 $232,400 $647,212
2016 $24,413 $879,612 $232,400 $647,212
2015 $24,457 $879,612 $232,400 $647,212
2014 $21,683 $819,048 $232,400 $586,648
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6726303

First Multiple Listing Service (FMLS)

APN: 320-031