3970 Darryl Ln Gainesville, GA 30506
Estimated payment $2,279/month
Total Views
838
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- 145 Feet of Waterfront
- Community Lake
- Luxury Vinyl Tile Flooring
- Lake View
- Wooded Lot
- Central Heating and Cooling System
About This Home
Rare Investor Opportunity! Fully Renovated, Fully Rented Duplex beautifully located on Lake Lanier! This turnkey duplex offers immediate cash flow and long-term potential. Both units are currently rented on year-long leases. One at $1,645 and one at $1680, bringing total monthly income to $3,325. They both pay all their own utilities for maximum profit. Also no flood insurance needed for this property. Lake Lanier in the backyard of this duplex enhances its appeal to both future tenants and future resale value. Both units have a deck the length of the building looking out into the private forest with a private path to the lake, perfect for fishing, kayak or paddle board access or just relaxing and enjoying the views. Future rental and resale value could even be increased more by clearing some of the vegetation behind the home to have clear views of the lake in the backyard (with Corp’s permission). The value could skyrocket if turned into a single family home in the future with the proper zoning and permits. Nearby single family homes on the lake typically sell for $1M-$1.5M. This duplex, with 2 bedrooms and 2 bathrooms on each side, has been thoughtfully renovated for easy renting and low maintenance for the landlord, including the installation of water and scratch resistant Luxury Vinyl Plank (LVP) floors, granite countertops and stainless steel appliances in the kitchens, updated granite bathroom vanities, and new, neutral interior paint throughout. All light fixtures, ceiling fans, faucets, and hardware have been replaced with new, modern finishes, and new blinds have been installed throughout for renter happiness. Units have ample parking in front and private entrances to the units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,281
Year Built
- Built in 1987 | Remodeled
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 169 x 144
- 145 Feet of Waterfront
- Lake Front
- Wooded Lot
Property Views
- Lake
- Woods
Home Design
- Duplex
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Insulated Windows
- Luxury Vinyl Tile Flooring
Parking
- 4 Parking Spaces
- Driveway
- Parking Lot
Schools
- Mount Vernon Elementary School
- North Hall Middle School
- North Hall High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Septic Tank
- Cable TV Available
Community Details
- 2 Units
- Heather Heights Subdivision
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 10142 000035
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $2,360 | $92,640 | $5,960 | $86,680 |
| 2023 | $2,355 | $88,640 | $5,960 | $82,680 |
| 2022 | $1,922 | $71,800 | $5,960 | $65,840 |
| 2021 | $1,860 | $68,120 | $5,960 | $62,160 |
| 2020 | $1,824 | $64,840 | $5,960 | $58,880 |
| 2019 | $1,734 | $60,920 | $5,960 | $54,960 |
| 2018 | $1,629 | $55,200 | $5,240 | $49,960 |
| 2017 | $1,736 | $59,640 | $14,000 | $45,640 |
| 2016 | $1,695 | $59,640 | $14,000 | $45,640 |
| 2015 | $1,783 | $59,640 | $14,000 | $45,640 |
| 2014 | $1,783 | $59,640 | $14,000 | $45,640 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | For Sale | $375,000 | 0.0% | -- |
| 11/15/2024 11/15/24 | Rented | $1,645 | 0.0% | -- |
| 11/05/2024 11/05/24 | Price Changed | $1,645 | -0.3% | $2 / Sq Ft |
| 10/29/2024 10/29/24 | For Rent | $1,650 | 0.0% | -- |
| 08/07/2024 08/07/24 | Sold | $313,500 | -3.5% | $148 / Sq Ft |
| 07/19/2024 07/19/24 | Pending | -- | -- | -- |
| 07/10/2024 07/10/24 | Price Changed | $324,900 | -1.5% | $154 / Sq Ft |
| 06/28/2024 06/28/24 | For Sale | $329,900 | +103.6% | $156 / Sq Ft |
| 02/27/2019 02/27/19 | Sold | $162,000 | -1.8% | $77 / Sq Ft |
| 02/14/2019 02/14/19 | Pending | -- | -- | -- |
| 01/17/2019 01/17/19 | For Sale | $165,000 | 0.0% | $78 / Sq Ft |
| 08/10/2018 08/10/18 | Rented | $775 | 0.0% | -- |
| 07/16/2018 07/16/18 | Under Contract | -- | -- | -- |
| 07/09/2018 07/09/18 | Price Changed | $775 | +3.3% | $0 / Sq Ft |
| 06/05/2018 06/05/18 | For Rent | $750 | +3.4% | -- |
| 05/25/2017 05/25/17 | Rented | $725 | 0.0% | -- |
| 03/31/2017 03/31/17 | Price Changed | $725 | -3.3% | $0 / Sq Ft |
| 02/17/2017 02/17/17 | For Rent | $750 | +3.4% | -- |
| 02/01/2016 02/01/16 | Rented | $725 | 0.0% | -- |
| 01/02/2016 01/02/16 | Under Contract | -- | -- | -- |
| 10/20/2015 10/20/15 | For Rent | $725 | -- | -- |
Source: First Multiple Listing Service (FMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $313,500 | -- | |
| Warranty Deed | $260,000 | -- | |
| Warranty Deed | $243,000 | -- | |
| Warranty Deed | $162,000 | -- | |
| Deed | $53,000 | -- | |
| Deed | $85,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $298,000 | New Conventional | |
| Previous Owner | $233,600 | New Conventional | |
| Previous Owner | $56,750 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $47,000 | No Value Available |
Source: Public Records
Similar Home in Gainesville, GA
Source: First Multiple Listing Service (FMLS)
MLS Number: 7564495
APN: 10-00142-00-035
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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Nearby Homes
- 3932 Darryl Ln
- 4837 Lawson Cir
- 0 Lawson Cir Unit 10403965
- 3848 Erwin Dr
- 5230 Laurel Cir
- 3366 Small Woods Ln
- 3386 Small Woods Ln
- 4036 Sutton Rd
- 4530 Fawn Path Unit 23
- 4530 Fawn Path
- 4736 Highland Rd
- 4877 Highland Rd
- 4536 Fawn Path Unit 22
- 4536 Fawn Path
- 4581 Fawn Path
- 3332 Wilkerson Dr
- 4562 Fawn Path
- 4562 Fawn Path Unit 17
- 4562 Fawn Path Unit 15