NOT LISTED FOR SALE

2948 Bridge Dr Gainesville, GA 30506

Estimated Value: $303,000 - $352,000

4 Beds
4 Baths
2,080 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $75,000 $36 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $2,029/month

56 Days on Market

About This Home

As of December 2012

QUIET AREA DUPLEX IN MOVE-IN READY CONDITION. LIVE IN ONE SIDE AND LET THE TENANT ON 2ND SIDE PAY YOUR MORTGAGE!! THIS PROPERTY IS ELIGIBLE UNDER FREDDIE MAC 1ST LOOK INITIATIVE THROUGH 10/31/2012. PREQUAL OR POF REQ W/OFFER.

Last Agent to Sell the Property

Barry Sanders

RE/MAX Center License #259940 Listed on: 10/15/2012

RE/MAX Center

Last Buyer's Agent

Megan Thoroman

Coldwell Banker Realty License #296890

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1986

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 132x155
  • Private Lot
  • Sloped Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Mount Vernon Elementary School
  • North Hall Middle School
  • North Hall High School

Utilities

  • Central Heating
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 2948BridgeDR

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,379

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1986
  • Special Features: None

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 2

Exterior Features

  • Construction Materials: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating: Central, Electric

Schools

  • Elementary School: Mount Vernon
  • Middle School: North Hall
  • High School: North Hall

Lot Info

  • Acres: 0.5000
  • Lot: 9
  • Lot Features: Private, Sloped
  • Lot Dimensions: 132X155
  • Parcel Number: 2948BridgeDR
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1379.00
  • Assessor Parcel Number: 10-0156-00-024
  • Close Date: 2012-12-19
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mount Vernon
  • High School: North Hall
  • Middle School: North Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 19, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Padilla Greg
Seller's Agent
Barry Sanders
RE/MAX Center
Buyer's Agent
Megan Thoroman
Coldwell Banker Realty
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Total Days on Market
56
Current Estimated Value
$328,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,299
Avg. Annual Appreciation
12.56%

Purchase Details

Closed on
Aug 7, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 2, 2005
Sold by
Nix James E and Nix Rachel
Bought by
Ballard William Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,950
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1996
Sold by
Hartness Edward L
Bought by
Gram John A
Source: Public Records

Range of Values:

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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
Padilla Greg $75,000 --
Federal Home Loan Mortgage Corporation $48,000 --
Wells Fargo Bank Na $48,000 --
Ballard William Bryan $123,500 --
Gram John A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Greg $50,000
Previous Owner Ballard William Bryan $104,950
Previous Owner Nix James E $201,318
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2012 12/19/12 Sold $75,000 -11.8% $36 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $85,000 -- $41 / 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 $2,311 $90,640 $20,800 $69,840
2023 $1,825 $70,920 $5,000 $65,920
2022 $1,585 $58,720 $5,000 $53,720
2021 $1,581 $57,440 $5,000 $52,440
2020 $1,551 $54,680 $5,000 $49,680
2019 $1,464 $51,000 $5,000 $46,000
2018 $1,385 $46,520 $5,000 $41,520
2017 $1,203 $40,512 $4,240 $36,272
2016 $1,176 $40,512 $4,240 $36,272
2015 $1,260 $40,512 $4,240 $36,272
2014 $1,260 $40,512 $4,240 $36,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5074368

First Multiple Listing Service (FMLS)

APN: 10-00156-00-024