NOT LISTED FOR SALE

2853 Merritt Dr Buford, GA 30518

Estimated Value: $406,902 - $459,000

4 Beds
2 Baths
2,670 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $262,000 $98 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,585/month

Highlights

  • Lake Front
  • Single Slip
  • Home fronts a creek
  • Flowery Branch High School Rated A-
  • Open-Concept Dining Room
  • Deck

About This Home

As of July 2020

Affordable original rustic lake house w/possibilities located on s. end of lake. Perfect for 2nd home/full time living. Beautiful stone and hardwood floors, 2 masters, 2 family rooms, wrkshop, potting shed, outbuilding large back deck overlooking private back yard. Backs up to woods- NO WATER VIEW- deeded swim platform down short wooded path on quiet cove on 8 feet of water. Needs TLC bring your imagination and make this property into your perfect get-away cottage! Comes w/ paddle boat & fishing boat. No way to update the dock to allow for a larger dock or a boat to be placed full time. DEED AS A SWIM PLATFORM ONLY-

Last Agent to Sell the Property

Linda McMahon

First United Realty of Ga, Inc. License #373398 Listed on: 05/18/2020

First United Realty of Ga, Inc.

Last Buyer's Agent

Adele Siler

Keller Williams North Atlanta License #260477

Keller Williams North Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $832

Year Built

  • Built in 1966

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 160 x 80
  • Home fronts a creek
  • Lake Front
  • Property fronts a private road
  • Stone Wall
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Garden
  • Back and Front Yard

Parking

  • 1 Car Detached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • 2-Story Property
  • Cottage
  • Rustic Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,670 Sq Ft Home
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Awning
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Breakfast Room
  • Computer Room
  • Den
  • Workshop
  • Attic Fan

Kitchen

  • Eat-In Country Kitchen
  • Open to Family Room
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Pine Flooring
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Waterfront Platform
  • Single Slip
  • Courtyard
  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Pergola
  • Outbuilding
  • Outdoor Gas Grill
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 110 Volts
  • Septic Tank

Community Details

  • Lake Lanier Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07331 002017

Home Details

Home Type

Single Family

Est. Annual Taxes

$832

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Ranch, Rustic
  • Property Condition: Resale
  • Year Built: 1966
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Pine
  • Fireplace Features: Family Room, Glass Doors, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer
  • Basement: Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets Stain, Country Kitchen, Eat-in Kitchen, Kitchen Island, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Den, Family Room, Workshop
  • Dining Room Features: Open Concept
  • Square Footage: 2670.00
  • Spa Features: None
  • Window Features: Storm Window(s)

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Lower Bedrooms: 3
  • Main Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Tub/Shower Combo

Exterior Features

  • Other Structures: Outbuilding, Pergola, Shed(s), Workshop
  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Stone
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Awning(s), Courtyard, Garden, Gas Grill, Private Yard

Garage/Parking

  • Number of Garage Spaces: 1
  • Number Of Parking Spaces: 2
  • Parking Features: Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Attic Fan, Central Air
  • Heating: Natural Gas
  • Laundry Features: In Basement, In Hall
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Lake Lanier

Lot Info

  • Acres: 0.2900
  • Lot Features: Back Yard, Front Yard, Landscaped, Level, Wooded
  • Lot Dimensions: 160 x 80
  • Parcel Number: 07331 002017
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 832.00
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Creek, Lake

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

Listed on
May 18, 2020
Closed on
Jul 7, 2020
Sold by
Hardiman Charles R
Bought by
Ceraso Charles D and Ceraso Lucy L
Seller's Agent
Linda McMahon
First United Realty of Ga, Inc.
Buyer's Agent
Adele Siler
Keller Williams North Atlanta
List Price
$300,000
Sold Price
$262,000
Premium/Discount to List
-$38,000
-12.67%
Current Estimated Value
$441,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,226
Avg. Annual Appreciation
10.31%
Original Mortgage
$209,600
Outstanding Balance
$186,204
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$255,022

Purchase Details

Closed on
Oct 3, 2003
Sold by
Hardiman Michael
Bought by
Hardman Charles R and Hardman Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,850
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2002
Sold by
State Street Bank & Trust Comp
Bought by
Hardiman Michael

Purchase Details

Closed on
Mar 5, 2002
Sold by
Bassett Drake
Bought by
State Street Bank & Trust Company

Purchase Details

Closed on
Dec 3, 1999
Sold by
Baker Darrell
Bought by
Bassett Drake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 1999
Sold by
Guy Wilma Dean
Bought by
Baker Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1998
Sold by
Guy Wilma Dean
Bought by
Guy Wilma Dean
Source: Public Records

Range of Values:

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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
Ceraso Charles D $262,000 --
Hardman Charles R $153,600 --
Hardiman Michael $100,000 --
State Street Bank & Trust Company -- --
Bassett Drake $230,000 --
Baker Darrell -- --
Guy Wilma Dean $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceraso Charles D $209,600
Previous Owner Hardman Charles R $122,850
Previous Owner Bassett Drake $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2020 07/07/20 Sold $262,000 -4.7% $98 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $275,000 -1.4% $103 / Sq Ft
05/24/2020 05/24/20 Price Changed $279,000 -7.0% $104 / Sq Ft
05/18/2020 05/18/20 For Sale $300,000 -- $112 / 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 $3,314 $131,296 $4,960 $126,336
2023 $3,294 $130,496 $4,960 $125,536
2022 $2,908 $110,136 $4,960 $105,176
2021 $2,778 $103,112 $4,960 $98,152
2020 $890 $88,312 $14,800 $73,512
2019 $832 $80,152 $14,800 $65,352
2018 $647 $59,454 $14,800 $44,654
2017 $612 $59,454 $14,800 $44,654
2016 $556 $59,454 $14,800 $44,654
2015 $557 $59,454 $14,800 $44,654
2014 $557 $59,454 $14,800 $44,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6725284

First Multiple Listing Service (FMLS)

APN: 07-00331-02-017