Check Availability
Hall 30506
3398 Banks Mountain Drive
$725,000
↓ $25K (3.3%)
House - For Sale

3398 Banks Mountain Drive

Gainesville, GA 30506
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2717 Sqft
$3,810
Estimated Monthly
$250
HOA / Fees
2.76%
Cap Rate

About This Property

REDUCED! Lakefront charming cottage on Banks Mountain! A gorgeous setting with vast seasonal lake views, deep water cove & swim dock! New shoreline 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 basement bonus room serves as home office & entertainment room! Keep your boat at the 16ft x 10ft swim platform dock! Dedicated 50 amp circuit in garage for EV fast charging! Golf cart community. One mile from public boat ramps & playgrounds!

The manager has listed the unit size as 2717 square feet.
Unit Size
2,717Ft²
Days on Market
235 days
Land Size
0.61 acres
Price per sqft
$267
Property Type
House
Property Taxes
-
HOA Dues
$250
Year Built
2004
Last updated: 2 months ago (GAMLS #20149833)

Price History

Date / Event Date Event Price
Apr 19, 2024 Price Decreased $725,000
↓ $25K (3.3%)
Price Decreased
Mar 29, 2024 Price Decreased $750,000
↓ $25K (3.2%)
Price Decreased
Jan 10, 2024 Price Decreased $775,000
↓ $50K (6.1%)
Price Decreased
Oct 5, 2023 No longer available -
No longer available
Sep 30, 2023 Listed by homecoin.com $825,000
Listed by homecoin.com
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Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Concrete
Stone

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,462
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,615
  • Lot Size Depth Feet: 2,980
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,462
  • Building Area: 1,462
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BANKS MOUNTAIN
  • Land Acres: 0.611
  • Legal Description 1: BANKS MOUNTAIN LT 25

Ownership

  • Current Owner : KREPS DAVID A
  • Previous Owner : CHAMBERS JACK A
  • Owner Before Previous Owner: WILSON M YVONNE
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 000306

Zoning

  • Zoning: R-I

Geography

  • Account Number: 26701
  • District: 001
  • Parcel: 10-038 -000-016
  • Lot: 25
  • Municipality: COUNTY
  • Latitude: 34.3161
  • Longitude: -83.9357

    Address

  • Full Address: 3398 Banks Mountain Dr
  • Address - House Number: 3398
  • Address - Street Name: Banks Mountain
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Gainesville
  • Carrier Code: R020
  • 4-Digit Zip Code: 4110
  • Zip Code: 30506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,404
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.0892
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 743,911
  • High Value: 810,341
  • Low Value: 677,480

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $478,600
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 11, 2020
  • First Open Lien Mortgage Loan Amount: $331,000
  • First Open Lien Mortgage Term: 349
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050
  • Second Open Lien Mortgage Lender: PENTAGON FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 09, 2022
  • Second Open Lien Mortgage Loan Amount: $147,600
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $522,800
  • Market Land Value: $205,600
  • Market Improvement Value: $317,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,120
  • Assessed Land Value: $82,240
  • Assessed Improvements Value: $126,880

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2014
  • Current Sale Recording Date: Aug 25, 2014
  • Current Sale Transaction ID: 11441747179
  • Current Sale Price: $315,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2014-005389
  • Previous Sale Recording Date: Sep 08, 2003
  • Previous Sale Contract Date: Sep 08, 2003
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: LGE FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Aug 28, 2014
  • First Mortgage Loan Amount: $299,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Sep 08, 2003
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $30,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Sep 08, 2033

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hall


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Frequently Asked Questions

When was property at 3398 Banks Mountain Drive built and last sold?
The property at 3398 Banks Mountain Drive was built in 2004 and last sold on Aug 25, 2014 for $315,000.
How much is this home worth?
The estimated value of the home located at 3398 Banks Mountain Drive is $824,552.
What are some comparable homes to 3398 Banks Mountain Drive?
There are currently no comparable homes to 3398 Banks Mountain Drive.

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