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5360 Channel Drive

5360 Channel Drive, Gillsville, GA 30543
Property in Hall
Sold May 31, 2019
$726,300
$225,000 by Mortgage Assurance
Mortgage Due Jan 01, 2049
Sold Feb 12, 2013
$413,000
$380,000 by Fairway Independent Mortgage C
Mortgage
5360 Channel Drive has been categorized by the local assessors in Gillsville, GA as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5360 Channel Drive has 4,405 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 2,617 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 1,402,719 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a log cabin/rustic style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 3,316 sqft. According to our sources, there are a total of 5 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in May 31, 2019 for $726,300. That's $164.88 per sqft. Prior to that sales transaction, the property was also sold in Feb 12, 2013 for $413,000. 5360 Channel Drive was last assessed in 2023. The total value of the property was assessed at $397,592. Specifically, the land the property is located on was valued at $68,760. While improvements on the property were assessed at a total of $328,832. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,150. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 2,617
  • Garage Type: Mixed use
  • Garage Square Area: 3,316
  • Parking Space Count: 5
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,402,719
  • Total Building Area: 4,405
  • Building Area: 4,405
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,405
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: VALLEY RIDGE FARMS
  • Land Acres: 32.202
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: VALLEY RIDGE FARMS LT 6

Ownership

  • Current Owner : ALTMAN LAWRENCE
  • Current Owner 2: ALTMAN BETTY
  • Previous Owner : FOX GREGORY
  • Owner Before Previous Owner: WHIGHAM JOHNNY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 000102

Zoning

  • Zoning: AR-IV

Geography

  • Account Number: 59628
  • District: 001
  • Parcel: 15-001C-000-006
  • Lot: 6
  • Municipality: COUNTY
  • Latitude: 34.2857
  • Longitude: -83.6332

    Address

  • Full Address: 5360 Channel Dr
  • Address - House Number: 5360
  • Address - Street Name: Channel
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Gillsville
  • Carrier Code: R002
  • 4-Digit Zip Code: 2800
  • Zip Code: 30543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,150
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 1,090,340
  • High Value: 1,294,861
  • Low Value: 885,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: MORTGAGE ASSURANCE
  • First Open Lien Mortgage Recording Date: May 31, 2019
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $993,980
  • Market Land Value: $171,900
  • Market Improvement Value: $822,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,592
  • Assessed Land Value: $68,760
  • Assessed Improvements Value: $328,832

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Transaction ID: 11621597611
  • Current Sale Price: $726,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-004814
  • Previous Sale Recording Date: Feb 12, 2013
  • Previous Sale Contract Date: Feb 12, 2013
  • Previous Sale Amount: $413,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE ASSURANCE
  • First Mortgage Transaction Date: May 31, 2019
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Feb 12, 2013
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Hall



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Frequently Asked Questions

What neighborhood is 5360 Channel Drive located in?
The 5360 Channel Drive is a other located in the neighborhood of Hall in Hall, Gillsville.
What is the average sales price for listings in 5360 Channel Drive?
The average sales price for units in 5360 Channel Drive is $0 currently.

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