NOT LISTED FOR SALE

2754 Merritt Dr Buford, GA 30518

Estimated Value: $599,000 - $1,071,531

2 Beds
2 Baths
2,117 Sq Ft
$381/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $500,500 $236 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,991/month

Highlights

  • Boathouse
  • Lake Front
  • Deep Water Access
  • Flowery Branch High School Rated A-
  • Covered dock with one slips
  • Lake On Lot

About This Home

As of January 2019

Once in a lifetime LAKE FRONT property with DEEP WATER !! Per the core this FLAT, peninsula lot includes - 2 water lines, 2 electric lines, approved 50 ft road, stone retaining wall, launching boat ramp, dock walkway, 20x24 DOCK, Permit #B396. Property sits at the end of a cul de sac of short lake friendly subdv. Lake Lanier House consists of 2 bed/1 ba on main with a unique lower level & requires a property condition waiver. Located just a couple miles down from the Friendship Exit in Buford & Lake Lanier Islands.

Last Agent to Sell the Property

Larissa Benson

RE/MAX Legends License #278324 Listed on: 12/28/2018

RE/MAX Legends

Co-Listed By

SARAH MORRA

RE/MAX Legends License #346795

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1962

Lot Details

  • 0.62 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Bungalow
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,117 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Lake Views
  • Laundry in Kitchen

Kitchen

  • Gas Range
  • Dishwasher
  • Laminate Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Stubbed For A Bathroom

Outdoor Features

  • Deep Water Access
  • Covered dock with one slips
  • Boathouse
  • Lake On Lot
  • Patio

Schools

  • Friendship Elementary School
  • C.W. Davis Middle School
  • Flowery Branch High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 07355 001001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Resale
  • Year Built: 1962
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range
  • Basement: Bath/Stubbed, Exterior Entry, Finished Bath, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets White, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room
  • Square Footage: 2117.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Other Structures: Boat House
  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Patio
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Kitchen

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Lot Info

  • Acres: 0.6200
  • Lot Features: Cul-De-Sac, Lake On Lot, Level
  • Lot Dimensions: 0.62
  • Parcel Number: 07355 001001
  • Property Attached Yn: No

Tax Info

  • Taxes: 1750.00
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Friendship
  • High School: Flowery Branch
  • Middle School: C.W. Davis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
Qualified Intermediary Exchange Grp Inc
Bought by
Hinton Family Lllp
Current Estimated Value
$806,883

Purchase Details

Listed on
Dec 28, 2018
Closed on
Jan 16, 2019
Sold by
Federal National Mtg Association
Bought by
Qualified Intermediary Exchange Svcs Inc
Seller's Agent
Larissa Benson
RE/MAX Legends
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$395,000
Sold Price
$500,500
Premium/Discount to List
$105,500
26.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Sep 4, 2018
Sold by
Nationstar Mtg Llc
Bought by
Federal National Mtg Association

Purchase Details

Closed on
Nov 16, 1994
Sold by
Greene Linda
Bought by
Smith Larry

Purchase Details

Closed on
Nov 1, 1994
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
Hinton Family Lllp -- --
Qualified Intermediary Exchange Svcs Inc $500,500 --
Federal National Mtg Association $385,533 --
Nationstar Mtg Llc $385,533 --
Smith Larry $147,500 --
-- $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Larry --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $500,500 +26.7% $236 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/28/2018 12/28/18 For Sale $395,000 -- $187 / Sq Ft
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
2024 $9,219 $370,648 $172,000 $198,648
2023 $8,673 $348,528 $172,000 $176,528
2022 $8,303 $319,888 $172,000 $147,888
2021 $8,354 $315,848 $172,000 $143,848
2020 $6,838 $250,528 $128,440 $122,088
2019 $4,136 $169,096 $128,440 $40,656
2018 $1,750 $172,376 $117,840 $54,536
2017 $1,624 $169,656 $117,840 $51,816
2016 $1,461 $169,656 $117,840 $51,816
2015 $4,104 $169,656 $117,840 $51,816
2014 $4,104 $169,656 $117,840 $51,816
Source: Public Records

Agents Affiliated with this Home

  • Larissa Benson

    Seller's Agent in 2019

    Larissa Benson

    RE/MAX

    (678) 730-7111

    44 Total Sales

    Larissa Benson
    Section Image
  • SARAH MORRA

    Seller Co-Listing Agent in 2019

    SARAH MORRA

    RE/MAX

    (770) 827-1588

    53 Total Sales

    SARAH MORRA
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6113731

First Multiple Listing Service (FMLS)

APN: 07-00355-01-001

Georgia Hall County Buford 30518

2754 Merritt Dr, Buford, GA

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