$307,500
SOLD MAY 16, 2025

4776 Gay Ln Gainesville, GA 30504

3 Beds
2.5 Baths
1,894 Sq Ft
0.8 Acres

Recently Sold

$162 Per Sq Ft

7% Below List Price

32 Days on Market

Highlights

  • Lake View
  • Deck
  • Wooded Lot
  • Green Roof
  • Private Lot
  • Vaulted Ceiling

About This Home

As of May 2025

Welcome to 4776 Gay Lane! This charming, cabin style home just oozes potential! 4776 Gay Lane sits on a secluded, wooded lot less than a 1/4 mile from Lake Lanier. Arriving at the home you will find a large covered deck that wraps around the side of the home offering peaceful views over your wooded lot. This deck is enormous and really must be seen in person. As we walk through the front door we are greeted by warm wooded walls, ceilings and floors in our main living room. Making our way to the back of the home we find our kitchen that will need to be remodeled. This main level also features a half bath and additional sun room/bonus room off the kitchen. Moving to the second level we find three bedrooms and one full bath. These bedrooms have breathtaking vaulted ceilings giving your upstairs an airy and spacious feel. Moving up the stairs to the third level we have a bonus loft that could easily be used as a fourth bedroom, office, art studio or whatever you can imagine! This home also features a full unfinished basement with laundry hook up, full bathroom, and door to our downstairs porch. -SAM ELLIOTT IS BOTH THE LISTING AGENT AND OWNER -HOUSE DOES NOT MEET FHA 91 DAY FLIP RULE UNTIL JUNE 12TH, 2025 -NO SELLER FINANCING -PREFERRED CLOSING ATTORNEY SHERMAN AND PHALEN (ASK ABOUT DISCOUNTED TITLE FEES)

Last Agent to Sell the Property

Sam Elliott

Nationalrei, LLC License #372437 Listed on: 03/28/2025

Last Buyer's Agent

Russell Wallace

Keller Williams Realty Community Partners License #409076

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1982

Lot Details

  • 0.8 Acre Lot
  • Private Lot
  • Wooded Lot

Parking

  • Driveway

Property Views

  • Lake
  • Woods

Home Design

  • Cabin
  • Fixer Upper
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,894 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Loft
  • 220 Volts In Laundry

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Laundry in Basement

Eco-Friendly Details

  • Green Roof

Outdoor Features

  • Deck
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Mcever Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Septic Tank
  • Cable TV Available

Community Details

  • Lanier Log Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08062 001004D

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,296

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Property Condition: Fixer
  • Year Built: 1982
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Basement: Finished Bath, Full, Unfinished, Walk-Out Access
  • Common Walls: No Common Walls
  • Additional Rooms: Loft
  • Square Footage: 1894.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Block, Wood Siding
  • Roof Type: Green Roof, Metal
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Wrap Around
  • Exterior Features: Rain Gutters
  • View: Lake, Trees/Woods
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Basement
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • Subdivision Complex: Lanier Log Homes

Schools

  • Elementary School: McEver
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Acres: 0.8000
  • Lot Features: Private, Wooded
  • Lot Dimensions: 43 x 200 x 105 x 141 x
  • Parcel Number: 08062 001004D
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2296.00
  • Assessor Parcel Number: 08-00062-01-004D
  • Close Date: 2025-05-16
  • Tax Year: 2024

MLS Schools

  • Elementary School: McEver
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 16, 2025
Sold by
Snowball Acquisitions Llc
Bought by
Matthews Pennington Allison and Ryan Pennington Jeremy
Seller's Agent
Sam Elliott
Nationalrei, LLC
Buyer's Agent
Russell Wallace
Keller Williams Realty Community Partners
List Price
$330,000
Sold Price
$307,500
Premium/Discount to List
-$22,500
-6.82%
Views
1428
Current Estimated Value
$314,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,102
Avg. Annual Appreciation
6.74%
Original Mortgage
$242,925
Outstanding Balance
$242,512
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$72,090

Purchase Details

Closed on
Mar 13, 2025
Sold by
Crump Kevin M
Bought by
Snowball Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,220
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2020
Closed on
Jun 30, 2020
Sold by
Yates Teresa J Martin
Bought by
Crump Kevin M and Betzer Brianna
Seller's Agent
Lois Yates
NOT A VALID MEMBER
Buyer's Agent
Liz Amershadian
NOT A VALID MEMBER
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$213,400
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $307,500 --
Warranty Deed $235,000 --
Warranty Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,925 New Conventional
Previous Owner $215,220 New Conventional
Previous Owner $213,400 New Conventional
Previous Owner $10,000 New Conventional
Previous Owner $30,000 New Conventional
Previous Owner $20,000 Stand Alone Second
Previous Owner $15,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $307,500 -6.8% $162 / Sq Ft
03/28/2025 03/28/25 For Sale $330,000 +50.0% $174 / Sq Ft
06/30/2020 06/30/20 Sold $220,000 -2.2% $103 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $224,900 -- $105 / 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 $2,376 $93,280 $5,240 $88,040
2023 $2,362 $88,920 $5,240 $83,680
2022 $2,074 $77,720 $9,640 $68,080
2021 $1,668 $60,760 $9,640 $51,120
2020 $1,569 $55,360 $9,640 $45,720
2019 $1,461 $52,880 $9,640 $43,240
2018 $1,346 $47,160 $9,640 $37,520
2017 $1,245 $44,000 $9,640 $34,360
2016 $1,215 $43,960 $9,640 $34,320
2015 $1,473 $43,960 $9,640 $34,320
2014 $1,473 $53,055 $9,640 $43,415
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7549677

First Multiple Listing Service (FMLS)

APN: 08-00062-01-004D