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$828,280Estimated home value

Beds
3
Baths
3.0
sq ft
2,717

3398 Banks Mountain Dr, Gainesville, GA 30506

3398 Banks Mountain Dr

Gainesville, GA 30506

  • Off market
    • Price drop $10,000↓
Lakefront cottage on Banks Mountain! A gorgeous setting with vast seasonal lake views, deep water cove & swim dock! Shoreline dock steps. New interior & exterior paint. New roof in 2022. Wired smart security system. Stainless steel all-electric appliances. Master on main. Smart thermostats. Whole house surge suppression. Upstairs has a wall of windows w/ a built-in daybed overlooking woods & Lake Lanier! Great room has stone fireplace & patio doors opening onto "tree house feel" screened-in porch with metal roof! Kitchen with walk in pantry! Laundry/mud room with outside door! Hardwood floors on main! Open staircase leads to the terrace level In-Law suite with another stone fireplace, bedroom, sink with mini bar, mini fridge, & another full bath! Huge, finished terrace level basement. 16ft x 10ft swim platform dock. Dedicated 50-amp garage plug for Electric vehicle fast charging. Golf cart community. One mile from public boat ramps & playgrounds.

Details

Property type

Single Family Residence

Est. home value

$828,280

Property condition

Updated/Remodeled

Lot size

0.61 acres

Price per sq ft

$254

Year built

2004

Annual property taxes

$4,343.76

Monthly HOA fee

$20.83

Price History

09/30/2024
GeorgiaMLS

GeorgiaMLS #20149833

Removed
$689,999
08/31/2024
GeorgiaMLS

GeorgiaMLS #20149833

Removed
$689,999
08/25/2024
GeorgiaMLS

GeorgiaMLS #20149833

Listed
$689,999

Schools & Community

Elementary school: 

Sardis

Middle school: 

Chestatee

High school: 

Chestatee

Community features: 

Lake

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pentagon Federal Credit Union

Loan start date

June 2022

Original loan amount

$147,600

Est. remaining balance

$142,776

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

David A Kreps

Lender

Pentagon Federal Credit Union

Loan start date

June 2022

Original loan amount

$147,600

Est. remaining balance

$142,776

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

David A Kreps

Lender

Amerisave Mortgage

Loan start date

October 2020

Original loan amount

$331,000

Est. remaining balance

$302,104

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

David A Kreps

Lender

Amerisave Mortgage

Loan start date

October 2020

Original loan amount

$331,000

Est. remaining balance

$302,104

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

David A Kreps

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 9:00 PM

Listing updated: 08/31/2024 at 10:25 PM

Listed by: Jonathan Minerick, Homecoin.com

MLS: GeorgiaMLS #20149833

GeorgiaMLS logo

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