NOT LISTED FOR SALE

5121 Merry Ln Gainesville, GA 30504

Estimated Value: $349,000 - $406,000

3 Beds
2 Baths
1,692 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $310,000 $183 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,390/month

7 Days on Market

Highlights

  • Barn
  • Deck
  • Wooded Lot
  • In Ground Pool
  • Private Lot
  • Wood Flooring

About This Home

As of June 2022

Rare Ranch home on full basement. 3 Bedrooms and 2 Baths on main level. Kitchen has large breakfast area and overlooks into family room. Separate dining room or flex space. Hardwood floors throughout main level. Full basement ready to be finished with boat door. Large, private fenced yard with pool and storage shed. Close to Lake Lanier, Gainesville, and Cumming.

Last Agent to Sell the Property

Jana Waycaster

BHHS Georgia Properties License #256299 Listed on: 05/11/2022

BHHS Georgia Properties

Last Buyer's Agent

Doug Jacobs

Century 21 Results License #391920

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,447

Year Built

  • Built in 1973

Lot Details

  • 0.75 Acre Lot
  • Chain Link Fence
  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Wooded Lot

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,692 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Boat door in Basement
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

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

Farming

  • Barn

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available

Community Details

  • No Home Owners Association
  • C O Edwards Subdivision

Listing and Financial Details

  • Legal Lot and Block 39 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,447

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 8
  • Section: 62
  • Year Built: 1973
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .75
  • Other Sturctures: Barn(s), Outbuilding, Shed(s), Workshop
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1692
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Bedrooms: 3
  • Basement: Boat Door, Daylight, Exterior Entry, Full
  • Total Finished Sq Ft: 1692
  • Above Grade Finished Sq Ft: 1692
  • Interior Amenities: Master On Main Level, Other
  • Full Bathrooms: 2
  • Fireplace Features: Factory Built, Family Room, Living Room
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Room
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 177.245

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Fencing: Back Yard, Chain Link, Fenced
  • Lot Features: Level, Private, Sloped
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Property Condition: Resale
  • Roof: Tar/Gravel
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Attached, Carport

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: In Basement
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: High Speed Internet, Phone Available, Sewer Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mcever
  • High School: Chestatee
  • High School Bus: Yes
  • Middle School: Chestatee
  • Middle School Bus: Yes
  • Elementary School: Mcever
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Lot: 39
  • Plat Book: 6951
  • Plat Page: 235

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1447

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 10, 2022
Sold by
Sheffield Jessica Maria Hall
Bought by
Mcarter Richard and Martin Lotty
Seller's Agent
Jana Waycaster
BHHS Georgia Properties
Buyer's Agent
Doug Jacobs
Century 21 Results
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Total Days on Market
7
Current Estimated Value
$374,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,796
Avg. Annual Appreciation
7.44%
Original Mortgage
$279,000
Outstanding Balance
$267,396
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$116,836

Purchase Details

Closed on
Nov 10, 2000
Sold by
Bissette Terry V
Bought by
Sheffield Jessica Maria H

Purchase Details

Closed on
Apr 6, 1998
Sold by
Bissette Terry V
Bought by
Vanvanbissette Terry Van

Purchase Details

Closed on
Nov 29, 1995
Sold by
Hunnicutt John W
Bought by
Bissette Terry V and Shanley Carolyn
Source: Public Records

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Range of Values:

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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
Mcarter Richard $310,000 --
Sheffield Jessica Maria H $138,500 --
Vanvanbissette Terry Van -- --
Bissette Terry V $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcarter Richard $279,000
Previous Owner Sheffield Jessica M $60,000
Closed Bissette Terry V $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $310,000 +3.4% $183 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $299,900 -- $177 / 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 $3,427 $135,880 $22,120 $113,760
2023 $3,134 $134,080 $22,400 $111,680
2022 $1,411 $51,960 $6,320 $45,640
2021 $1,447 $52,360 $6,320 $46,040
2020 $1,435 $50,400 $6,320 $44,080
2019 $1,434 $49,880 $6,640 $43,240
2018 $1,334 $44,720 $5,440 $39,280
2017 $1,258 $42,480 $5,440 $37,040
2016 $1,171 $40,360 $4,960 $35,400
2015 $1,179 $43,720 $4,960 $38,760
2014 $1,179 $42,294 $4,960 $37,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10046685

Georgia MLS

APN: 08-00062-07-004