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5419 Spinnaker Lane

5419 Spinnaker Lane, Gainesville, GA 30504
Property in Hall
Sold Aug 23, 2010
$435,000
$326,250 by Homestar Fin'l Corp
Mortgage Due Aug 19, 2025
Sold May 07, 2007
$1,261,861
5419 Spinnaker Lane has been categorized by the local assessors in Gainesville, GA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 10 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5419 Spinnaker Lane has 7,873 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 finished improved basement that is 4,164 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 linear feet between the front and back of the lot is 2,390 ft and across the front of the lot is 1,350 ft. The area measurement of the land has been determined as 33,585 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 garage for those who require parking. The garage measured 989 sqft. Residents will have the luxury of enjoying a open porch. 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 other control joints. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5419 Spinnaker Lane was last sold in Aug 19, 2010 for $435,000. According to our calculations, that's $55.25 per sqft. Prior to that sales transaction, the property was sold for $1,261,861 in Apr 3, 2007. Current property owners are expected to pay $4,529 in taxes per year. The property on 5419 Spinnaker Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $502,160. To break that down further, the land itself was valued at $56,680. While improvements to the property were assessed at a total of $445,480. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2005
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Construction Type: Other
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Type: Finished improved basement
  • Basement Area: 4,164
  • Garage Type: Garage
  • Garage Square Area: 989
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 33,585
  • Lot Size Depth Feet: 2,390
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 7,873
  • Building Area: 7,873
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: POINTE SOUTH
  • Land Acres: 0.771
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POINTE SOUTH LT 47

Ownership

  • Current Owner : SINGH TOMESH C
  • Previous Owner : BAYVIEW LN SVCG LLC
  • Owner Before Previous Owner: CHAMORRO LUIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 001402

Zoning

  • Zoning: R-I

Geography

  • Account Number: 17852
  • District: 001
  • Parcel: 08-088 -000-052
  • Lot: 47
  • Municipality: COUNTY
  • Latitude: 34.2336
  • Longitude: -83.9251

    Address

  • Full Address: 5419 Spinnaker Ln
  • Address - House Number: 5419
  • Address - Street Name: Spinnaker
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Gainesville
  • Carrier Code: R011
  • 4-Digit Zip Code: 9052
  • Zip Code: 30504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,529
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 1,138,456
  • High Value: 1,358,601
  • Low Value: 918,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $326,250
  • First Open Lien Mortgage Lender: HOMESTAR FIN'L CORP
  • First Open Lien Mortgage Recording Date: Aug 23, 2010
  • First Open Lien Mortgage Loan Amount: $326,250
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 19, 2025

    Market Valuation

  • Market Total Value: $1,255,400
  • Market Land Value: $141,700
  • Market Improvement Value: $1,113,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $502,160
  • Assessed Land Value: $56,680
  • Assessed Improvements Value: $445,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2010
  • Current Sale Recording Date: Aug 23, 2010
  • Current Sale Transaction ID: 1173129682
  • Current Sale Price: $435,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 07, 2007
  • Previous Sale Contract Date: Apr 03, 2007
  • Previous Sale Amount: $1,261,861
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTAR FIN'L CORP
  • First Mortgage Transaction Date: Aug 23, 2010
  • First Mortgage Loan Amount: $326,250
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 19, 2025

About Hall



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Frequently Asked Questions

What neighborhood is 5419 Spinnaker Lane located in?
The 5419 Spinnaker Lane is a located in the neighborhood of Hall in Hall, Gainesville.
What is the average sales price for listings in 5419 Spinnaker Lane?
The average sales price for units in 5419 Spinnaker Lane is $0 currently.

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