$399,000
SOLD MAY 16, 2024

3586 Thompson Bend Gainesville, GA 30506

Lake District Neighborhood
4 Beds
3 Baths
2,547 Sq Ft
0.86 Acres

Recently Sold

$157 Per Sq Ft

3% Below List Price

44 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • Mount Vernon Elementary School Rated 9+
  • 2-Story Property
  • No HOA

About This Home

As of May 2024

Ranch on a full finished basement on a fully fenced .86 acre lot with no HOA, this is the house you have been searching for. Newly remodeled inside with new flooring, paint, vanities and countertops. New roof installed February 2024. Step inside to living, dining, large open area to oversized kitchen. Kitchen features newly painted cabinets, granite countertops, ceramic tile floor, stainless steel appliances & eat in breakfast area w/bay-window. On the main level you will find a large laundry room & mud room, 3 beds and 2 full baths. Bathrooms updated with new vanities and countertops. Finished basement includes 1 full bedroom and 1 full bath, loads of storage and rec space with fireplace. A full deck out back completes this home. Close to dining, shopping and everything Gainesville has to offer. Downtown Gainesville has become a MECCA for dining, entertainment and shopping.

Last Agent to Sell the Property

Melissa Welker

Hill Wood Realty License #317324 Listed on: 02/26/2024

Last Buyer's Agent

Katie Lepeltier

Resource Brokers, LLC License #391007

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,389

Year Built

  • Built in 1979

Lot Details

  • 0.86 Acre Lot
  • Fenced
  • Sloped Lot

Home Design

  • 2-Story Property
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,547 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Stubbed For A Bathroom

Parking

  • Garage
  • Side or Rear Entrance to Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Thompson Mill Subdivision

Listing and Financial Details

  • Tax Lot 70

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,389

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 01
  • Year Built: 1979
  • ArchitecturalStyle: Ranch
  • Co List Office: HWRL01
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .86
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2547
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Microwave, Refrigerator, Trash Compactor
  • Bedrooms: 4
  • Basement: Bath/Stubbed, Interior Entry, Exterior Entry, Full
  • Total Finished Sq Ft: 2547
  • Above Grade Finished Sq Ft: 2547
  • Interior Amenities: Double Vanity, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 3
  • Fireplace Features: Basement, Family Room
  • Flooring: Tile, Carpet, Vinyl
  • Kitchen Features: Breakfast Area, Walk-in Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 156.654

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Other
  • Fencing: Fenced
  • Foundation Details: Slab
  • Lot Features: Sloped
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot: 70
  • Deed Book: 9413
  • Deed Page: 99

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3389

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
May 16, 2024
Sold by
Hudson Land Holdings Llc
Bought by
Lepeltier Katherine Amelia and Eaddy Terrance L
Seller's Agent
Melissa Welker
Hill Wood Realty
Buyer's Agent
Katie Lepeltier
Resource Brokers, LLC
List Price
$410,000
Sold Price
$399,000
Premium/Discount to List
-$11,000
-2.68%
Views
828
Current Estimated Value
$433,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,898
Avg. Annual Appreciation
5.53%
Original Mortgage
$391,773
Outstanding Balance
$388,205
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$40,432

Purchase Details

Closed on
Jan 17, 2024
Sold by
Dws Ventures Llc
Bought by
Hudson Land Holdings Llc

Purchase Details

Closed on
Dec 1, 2023
Sold by
Davis Heather R
Bought by
Hudson Land Holdings Llc

Purchase Details

Listed on
Oct 4, 2016
Closed on
Apr 20, 2017
Sold by
Kerr Norbert Curtis
Bought by
Davis Heather R
Seller's Agent
Michelle Stancil
RE/MAX Center
Buyer's Agent
Tammy Avery
Chestatee Real Estate, LLC.
List Price
$224,000
Sold Price
$175,000
Premium/Discount to List
-$49,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$171,830
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 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 Type Sale Price Title Company
Warranty Deed $399,000 --
Warranty Deed -- --
Warranty Deed $230,000 --
Warranty Deed $175,000 --
Deed $82,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,773 FHA
Previous Owner $171,830 FHA
Previous Owner $113,250 Stand Alone Second
Previous Owner $40,000 Stand Alone Second
Previous Owner $50,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $399,000 -2.7% $157 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $410,000 0.0% $161 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $410,000 +134.3% $161 / Sq Ft
04/24/2017 04/24/17 Sold $175,000 -5.9% $69 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/23/2017 02/23/17 Price Changed $185,900 -6.6% $73 / Sq Ft
01/05/2017 01/05/17 Price Changed $199,000 -6.1% $78 / Sq Ft
12/07/2016 12/07/16 Price Changed $212,000 -5.4% $83 / Sq Ft
10/04/2016 10/04/16 For Sale $224,000 -- $88 / 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 $2,345 $166,320 $38,960 $127,360
2023 $3,530 $134,320 $26,120 $108,200
2022 $3,029 $114,840 $24,640 $90,200
2021 $2,908 $108,080 $21,440 $86,640
2020 $2,590 $93,160 $15,240 $77,920
2019 $2,438 $86,760 $15,920 $70,840
2018 $2,046 $86,600 $13,760 $72,840
2017 $937 $52,240 $7,520 $44,720
2016 $897 $52,240 $7,520 $44,720
2015 $1,382 $49,720 $5,000 $44,720
2014 $1,382 $49,720 $5,000 $44,720
Source: Public Records

Agents Affiliated with this Home

  • Melissa Welker

    Seller's Agent in 2024

    Melissa Welker

    Hill Wood Realty

    (770) 851-3791

    2 in this area

    111 Total Sales

    Melissa Welker
    Section Image

  • K

    Buyer's Agent in 2024

    Katie Lepeltier

    Resource Brokers, LLC

    (678) 696-8410

    1 in this area

    10 Total Sales

    Katie Lepeltier
    Section Image
  • Michelle Stancil

    Seller's Agent in 2017

    Michelle Stancil

    RE/MAX

    (770) 889-3128

    43 Total Sales

    Michelle Stancil
    Section Image
  • Tammy Avery

    Buyer's Agent in 2017

    Tammy Avery

    Chestatee Real Estate, LLC.

    (706) 265-0156

    100 Total Sales

    Tammy Avery
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10258372

Georgia MLS

APN: 10-00114-00-123

Georgia Hall County Gainesville 30506 Lake District

3586 Thompson Bend, Gainesville, GA

This home is located at 3586 Thompson Bend, Gainesville, GA 30506 and is currently priced at $399,000, approximately $156 per square foot. This property was built in 1979. 3586 Thompson Bend is a home located in Hall County with nearby schools including Mount Vernon Elementary School, North Hall Middle School, and North Hall 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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