NOT LISTED FOR SALE

2505 Terrace View NW Gainesville, GA 30501

Lake District Neighborhood

Estimated Value: $256,000 - $276,000

2 Beds
2 Baths
1,315 Sq Ft
$100/mo HOA Fee

Last Sold September 08, 2023

Last sale price $265,000 $202 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,780/month

71 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • End Unit
  • Community Lake
  • Wood Flooring
  • 3-minute walk to Linwood Nature Preserve

About This Home

As of September 2023

Absolutely perfect condo for Buyers as well as Investors, conveniently located just minutes from Lake Lanier and downtown Gainesville. This upgraded unit features gleaming wood floors throughout, updated kitchen including granite counters, custom closets and storage galore. The master suite includes an oversized closet and built-in safe. Unique end unit with an abundance of outdoor space and privacy. Expanded and landscaped yard offers endless opportunity to relax or entertain. Small, quiet community with plenty of green space and parking. Walking distance to Holly Park, beach and boat ramp.

Last Agent to Sell the Property

Sheila Davis

The Norton Agency License #244784 Listed on: 06/08/2023

The Norton Agency

Last Buyer's Agent

David McKinley

Keller Williams Lanier Partners License #173680

Keller Williams Lanier Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $339

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • No Units Located Below

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,315 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • City Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Separate Shower

Parking

  • Carport
  • Parking Accessed On Kitchen Level
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Enota Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 144

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance
  • Terrace View Condos Bldg 3 Subdivision
  • Community Lake

Recreation

  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$339

Year Built

Built in 2008

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • District: 9
  • Year Built: 2008
  • ArchitecturalStyle: Brick 4 Side, Traditional
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .05
  • Property Sub-Type: Condominium
  • Structure Type: Other
  • Total Finished Area2: 1315
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1315
  • Above Grade Finished Sq Ft: 1315
  • Interior Amenities: High Ceilings, Separate Shower, Tile Bath, Walk-In Closet(s), Master On Main Level
  • Accessibility Features: Other
  • Full Bathrooms: 2
  • Flooring: Hardwood, Tile, Laminate
  • Kitchen Features: Breakfast Bar, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 201.52

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No One Below, End Unit
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Assigned, Attached, Carport, Kitchen Level

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Other
  • Security Features: Security System, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1200
  • Association: Yes
  • Community Features: Lake, Park, Street Lights

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds

Schools

  • Elementary School: Enota
  • High School: Gainesville
  • High School Bus: Yes
  • Middle School: Gainesville
  • Middle School Bus: Yes
  • Elementary School: Enota
  • Middle School: Gainesville
  • High School: Gainesville

Lot Info

  • Land Lot: 144
  • Deed Book: 9095
  • Deed Page: 308
  • Plat Book: 861
  • Plat Page: 200

Tax Info

  • Year: 2022
  • Tax Annual Amount: 339

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Sep 8, 2023
Sold by
Davis Judson L
Bought by
Lakewood Baptist Church Of Gainesville G
Seller's Agent
Sheila Davis
The Norton Agency
Buyer's Agent
David McKinley
Keller Williams Lanier Partners
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%
Views
246
Current Estimated Value
$266,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,748
Avg. Annual Appreciation
1.44%

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 29, 2022
Sold by
Humphrey Lloyd Baker
Bought by
Davis Judson L and Davis Sheila K
Seller's Agent
Kelly Arzabe
Avenues & Acres Real Estate
Buyer's Agent
Sheila Davis
The Norton Agency
List Price
$214,800
Sold Price
$235,000
Premium/Discount to List
$20,200
9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Apr 10, 2018
Sold by
Terrace
Bought by
Humphrey Lloyd Baker
Source: Public Records

Range of Values:

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Average Value
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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
Lakewood Baptist Church Of Gainesville G $265,000 --
Davis Judson L $235,000 --
Humphrey Lloyd Baker $113,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $265,000 -5.0% $202 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
06/16/2023 06/16/23 Price Changed $279,000 -6.7% $212 / Sq Ft
06/08/2023 06/08/23 For Sale $299,000 +27.2% $227 / Sq Ft
03/29/2022 03/29/22 Sold $235,000 +9.4% $179 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $214,800 -- $163 / Sq Ft
Source: Georgia MLS

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
2024 $2,756 $96,240 $6,000 $90,240
2023 $377 $105,200 $6,000 $99,200
2022 $339 $72,000 $6,000 $66,000
2021 $336 $64,480 $6,000 $58,480
2020 $1,844 $61,360 $6,000 $55,360
2019 $1,379 $60,760 $0 $60,760
2018 $335 $56,400 $0 $56,400
2017 $333 $49,680 $0 $49,680
2016 $1,399 $46,200 $0 $46,200
2015 $778 $40,088 $1,080 $39,008
2014 $778 $40,088 $1,080 $39,008
Source: Public Records

Agents Affiliated with this Home

  • Sheila Davis

    Seller's Agent in 2023

    Sheila Davis

    The Norton Agency

    (770) 235-6907

    30 in this area

    378 Total Sales

    Sheila Davis
    Section Image
  • David McKinley

    Buyer's Agent in 2023

    David McKinley

    Keller Williams Lanier Partners

    (770) 540-1122

    4 in this area

    57 Total Sales

    David McKinley
    Section Image
  • Kelly Arzabe

    Seller's Agent in 2022

    Kelly Arzabe

    Avenues & Acres Real Estate

    (678) 667-6385

    1 in this area

    151 Total Sales

    Kelly Arzabe
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10168248

Georgia MLS

APN: 01-00097-03-018

Georgia Hall County Gainesville 30501 Lake District

2505 Terrace View NW, Gainesville, GA

This home is located at 2505 Terrace View NW, Gainesville, GA 30501 since 08 June 2023 and is currently estimated at $266,748, approximately $202 per square foot. This property was built in 2008. 2505 Terrace View NW is a home located in Hall County with nearby schools including Enota Multiple Intelligences Academy, Gainesville Middle School, and Gainesville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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