NOT LISTED FOR SALE

2229 Karen Ln Gainesville, GA 30501

Estimated Value: $503,000 - $683,000

0.55 Acre
$1,046,829 Price per Acre
23,958 Sq Ft Lot

Last Sold April 28, 2020

Last sale price $50,000

Est. 1,052% increase in value since last sale

Current estimated payment $3,443/month

33 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Property is Fully Fenced
  • Lake On Lot
  • Landscaped with Trees
  • Level Lot

About This Lot

As of April 2020

Fenced building lot on Lake Lanier! Walk to the water's edge and bring your canoe or kayak! Mostly cleared, gentle walk to water's edge. Fantastic oppportunity! Zoned Vacation/Cottage!

Last Agent to Sell the Property

Pat Burke

Keller Williams Lanier Partners License #259254 Listed on: 02/26/2020

Keller Williams Lanier Partners

Co-Listed By

Brenda Burke

Keller Williams Lanier Partners License #253547

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $734

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 135x230
  • Lake Front
  • Property fronts a private road
  • Property is Fully Fenced
  • Chain Link Fence
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned VC

Property Views

  • Lake Views

Schools

  • Sardis Elementary School
  • Chestatee Middle School
  • Chestatee High School

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 00109B000011

Community Details

Overview

  • White Sands Subdivision
  • Community Lake

Recreation

  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$734

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Lanier
  • Fencing: Chain Link, Full
  • View: Lake

Condo/Co-op/Association

  • Community Features: Lake
  • Subdivision Complex: White Sands

Lot Info

  • Acres: 0.5500
  • Lot: 6
  • Timber: Mixed
  • Possible Use: Recreational, Residential
  • Current Zoning: VC
  • Current Use: Vacant
  • Lot Features: Lake On Lot, Level
  • Lot Dimensions: 135x230
  • Parcel Number: 00109B000011
  • Price Acre Dollar: 90909.09
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 734.00
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sardis
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Apr 28, 2020
Sold by
Lea Ryan
Bought by
Thompson James and Thompson Karen
Seller's Agent
Pat Burke
Keller Williams Lanier Partners
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Current Estimated Value
$575,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,756
Avg. Annual Appreciation
54.11%

Purchase Details

Listed on
Jul 1, 2014
Closed on
Oct 2, 2015
Sold by
Goodson Leverett E
Bought by
Lea Ryan
Seller's Agent
Pat Burke
Keller Williams Lanier Partners
Buyer's Agent
Jason Power
Hutson Realty Around Atlanta
List Price
$27,500
Sold Price
$26,500
Premium/Discount to List
-$1,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$18,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2009
Sold by
Goodson Ruth H
Bought by
Goodson Leverett E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thompson James $50,000 --
Lea Ryan $26,500 --
Goodson Leverett E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lea Ryan $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2020 04/28/20 Sold $50,000 -16.7% --
03/30/2020 03/30/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $60,000 0.0% --
03/01/2020 03/01/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $60,000 +126.4% --
10/02/2015 10/02/15 Sold $26,500 -3.6% -- View Prior Sale
09/05/2015 09/05/15 Pending -- -- --
07/01/2014 07/01/14 For Sale $27,500 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,000 $227,640 $29,560 $198,080
2024 $5,496 $221,640 $29,560 $192,080
2023 $4,766 $207,920 $26,080 $181,840
2022 $4,557 $176,160 $26,080 $150,080
2021 $2,857 $106,120 $26,080 $80,040
2020 $704 $26,080 $26,080 $0
2019 $838 $30,760 $30,760 $0
2018 $734 $26,080 $26,080 $0
2017 $726 $26,080 $26,080 $0
2016 $288 $34,760 $34,760 $0
2015 $1,948 $49,600 $49,600 $0
2014 $1,948 $71,120 $71,120 $0
Source: Public Records

Agents Affiliated with this Home

  • Pat Burke

    Seller's Agent in 2020

    Pat Burke

    Keller Williams Lanier Partners

    (678) 316-6262

    99 in this area

    274 Total Sales

    Pat Burke
    Section Image
  • Brenda Burke

    Seller Co-Listing Agent in 2020

    Brenda Burke

    Keller Williams Lanier Partners

    (678) 316-8687

    67 in this area

    160 Total Sales

    Brenda Burke
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS NMLS

    Non FMLS Member

  • Jason Power

    Buyer's Agent in 2015

    Jason Power

    Hutson Realty Around Atlanta

    (770) 815-1589

    2 in this area

    15 Total Sales

    Jason Power
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6685838

First Multiple Listing Service (FMLS)

APN: 00-0109B-00-011

Georgia Hall County Gainesville 30501

2229 Karen Ln, Gainesville, GA

Not Listed for Sale

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