7 months on rocket

3398 Banks Mountain Dr, Gainesville, GA, 30506

$725,000

Home List Price

$8,609*

Closing Credit

3 Bedrooms
3 Full Baths
2,717 SqFt
$267/SqFt
House
Schools Nearby

Location

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3398 Banks Mountain Dr, Gainesville$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Carport, Garage, RV/Boat Parking, Guest, Off Street
Year Built2004
HeatingElectric, Central, Heat Pump
CoolingElectric, Ceiling Fan(s), Central Air, Heat Pump
BasementYes
WaterfrontDock Rights, Floating Dock, Corps of Engineers Control, Water Access, Lake Privileges, Lake Front
FireplaceFamily Room, Living Room, Gas Log
ViewMountain(s), Valley, Lake
MLS #20149833
Lot Size0.61 Acres
StatusActive

About 3398 Banks Mountain Dr

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2004
  • Living Area: 2,717 SqFt

Listing Office:

  • Office Name: Homecoin.com
  • Listing Agent: Jonathan Minerick

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Dryer, Convection Oven, Dishwasher, Disposal, Ice Maker, Microwave, Oven/Range, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Yes
  • Flooring Type: Hardwood, Carpet, Vinyl
  • Interior: Bookcases, Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Double Vanity, Rear Stairs, Separate Shower, Tile Bath, Walk-In Closet(s), Wet Bar, In-Law Floorplan, Master On Main Level, Roommate Plan, Split Bedroom Plan
  • Fireplace: Family Room, Living Room, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Dock Rights, Floating Dock, Corps of Engineers Control, Water Access, Lake Privileges, Lake Front
  • View: Mountain(s), Valley, Lake
  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Garage Door Opener, Carport, Garage, RV/Boat Parking, Guest, Off Street

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 0.61 Acres

Utilities

Utilities Information:

  • Heating: Electric, Central, Heat Pump
  • Cooling: Electric, Ceiling Fan(s), Central Air, Heat Pump

School Info

Assigned Schools Information:

  • Chestatee High School, Public District Grades 9-12
  • Chestatee Middle School, Public Charter Grades 6-8
  • Sardis Elementary School, Public Charter Grades KG-5

Other

Directions Information:

  • Directions: Take Duckett Mill Rd off Highway 53 about one mile to Banks Mountain Dr. on the right hand side of the road. House is at the top of the mountain on the right side of the road with a black mailbox and the house is not visible from the street. Steep driveway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $267/SqFt

Tax Information:

  • Annual Amount: $4,035
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gainesville, GA.

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Gainesville, GA

City

Med. Sold Price

$391.6K

Med. Price/SqFt

$196

Avg. Days On Market

39

# of Sold Homes

158

3398 Banks Mountain Dr vs Gainesville

228 DAYS ON ROCKET

+189 Days

$725,000

+$333.4K More

$267/SqFt

+$71 More

KEY TAKEAWAY

This property is $333.4K more than the Median Sold Price and $71/SqFt more than other homes in Gainesville, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #20149833

Listing Office:

  • Office Name: Homecoin.com
  • Listing Agent: Jonathan Minerick

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 2:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2014Home Sold
$315,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,035$148,720
2019$3,914$142,960
2018$3,582$126,600
2017$3,284$120,120

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1986774
5
/10

  • Sardis Elementary School

  • 2805 Sardis Rd

  • 3.01 miles

  • Public Charter Grades KG-5

Middle School

school-card-donut-1986775
4
/10

  • Chestatee Middle School

  • 2740 Fran Mar Dr

  • 2.91 miles

  • Public Charter Grades 6-8

High School

school-card-donut-1986776
5
/10

  • Chestatee High School

  • 3005 Sardis Rd

  • 3.28 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,383. The majority of Gainesville, GA residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3398 Banks Mountain Dr

What is the listing price of this property?

The listing price of 3398 Banks Mountain Dr property is $725,000.

What type of property is this?

The property 3398 Banks Mountain Dr is a house located in Gainesville, Georgia, 30506.

Is this property for sale now?

Active Listing: 3398 Banks Mountain Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3398 Banks Mountain Dr are:
Sardis Elementary School: GreatSchools Rating 5/10
Chestatee Middle School: GreatSchools Rating 4/10
Chestatee High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,035 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 28, 2014 for $315,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3398 Banks Mountain Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3398 Banks Mountain Dr is 2,717 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3398 Banks Mountain Dr is 2004.

Rocket Homes›Georgia›Hall County›Gainesville›30506›3398 Banks Mountain Dr

This home is located at 3398 Banks Mountain Dr in Gainesville, GA and zip code 30506. This 2,717 square foot home, which was built in 2004, sits on a 0.61 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 30, 2023 and is currently priced at $725,000.

In April 2024 more than 39 listings in Gainesville, GA were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 89 were sold below. The inventory of homes for sale in Gainesville, GA between March 2024 and April 2024 increased by 15.3%. While the average time on the market in April 2024 was 39 days, the median list price was $391,600.

From Rocket Homes Real Estate and based on county public records data.

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