NOT LISTED FOR SALE

2870 Florence Dr Unit E2 Gainesville, GA 30504

Estimated Value: $207,000 - $229,425

2 Beds
1.5 Baths
1,008 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $72,000 $71 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,432/month

302 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • White Kitchen Cabinets
  • Traditional Architecture
  • Community Pool
  • Eat-In Kitchen

About This Home

As of May 2014

REDUCED!! This is a great location. Perfect 1st time homebuyer or even for an investor because of the easy rental status so close to the college. This townhome style condo affords city living for less that you can rent. The fairly newly refinished main level is a great 2 bedroom 1 & 1/2 bath that is only a short distance from I-985, Gainesville college and Lake Lanier. Even with the low HOA fees there is still a clubhouse, pool and full fitness center. Save on Gym dues. Not a foreclosure or short sale. Don't miss this one. Let me know how I can help.

Last Agent to Sell the Property

Mark Ruzek

Living Stone Properties, Inc. License #290836 Listed on: 06/09/2013

Last Buyer's Agent

LUIS RAMIREZ

Virtual Properties Realty. Biz License #273352

Virtual Properties Realty. Biz

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1995

Lot Details

  • Two or More Common Walls
  • Fenced
  • Front Yard

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Pull Down Stairs to Attic
  • Open Access

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Schools

  • Gainesville Exploration Academy Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 2870FlorenceE2DR

Community Details

Overview

  • Richmond Townhome Association, Phone Number (770) 531-6633
  • Richmond Townhomes Subdivision

Recreation

  • Swim or tennis dues are required
  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,044

Year Built

Built in 1995

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 1995
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Speed Internet
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Square Footage: 1008.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Roof Type: Composition
  • Fencing: Fenced

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Parking Pad

Utilities

  • Security: Open Access
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds
  • Community Features: Fitness Center, Homeowners Assoc, Pool
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 770-535-5520
  • Management Company Email: betty@communityprofessional.com
  • Management Phone: 770-531-6633
  • Subdivision Complex: Richmond Townhomes

Association/Amenities

  • Management Company: Richmond Townhome

Lot Info

  • Lot: 15
  • Lot Features: Front Yard
  • Lot Dimensions: Condo
  • Parcel Number: 2870FlorenceE2DR
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 1044.00
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Gainesville Exploration Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2013
Closed on
May 28, 2014
Sold by
Palacios Ana G
Bought by
Palacios Ana G and Flores Mario Palacios
Seller's Agent
Mark Ruzek
Living Stone Properties, Inc.
Buyer's Agent
LUIS RAMIREZ
Virtual Properties Realty. Biz
List Price
$74,900
Sold Price
$72,000
Premium/Discount to List
-$2,900
-3.87%
Current Estimated Value
$217,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,356
Avg. Annual Appreciation
10.00%
Original Mortgage
$70,695
Outstanding Balance
$53,645
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$163,711

Purchase Details

Closed on
Jun 2, 2009
Sold by
Kesler Jeanette W
Bought by
Kesler Dorothy J

Purchase Details

Closed on
Oct 6, 2000
Sold by
Gray Jack L and Gray Phyllis C
Bought by
Kesler John H and Kesler Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palacios Ana G -- --
Palacios Ana G $72,000 --
Kesler Dorothy J -- --
Kesler John H $73,000 --
-- $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Ana G $70,695
Closed Palacios Ana G $70,695
Previous Owner Kesler John H $65,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2014 05/28/14 Sold $72,000 -3.9% $71 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
06/09/2013 06/09/13 For Sale $74,900 -- $74 / 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
2025 $2,310 $87,960 $10,200 $77,760
2024 $2,519 $88,240 $10,000 $78,240
2023 $257 $81,520 $10,000 $71,520
2022 $295 $64,560 $10,000 $54,560
2021 $291 $57,840 $10,000 $47,840
2020 $1,466 $49,120 $6,000 $43,120
2019 $1,380 $45,600 $4,800 $40,800
2018 $196 $35,000 $4,000 $31,000
2017 $189 $30,200 $4,000 $26,200
2016 $843 $28,200 $4,000 $24,200
2015 $609 $28,640 $8,480 $20,160
2014 $609 $32,002 $8,480 $23,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5157642

First Multiple Listing Service (FMLS)

APN: 08-0015A-00-031