NOT LISTED FOR SALE

5151 Merry Ln Gainesville, GA 30504

Estimated Value: $274,000 - $325,000

3 Beds
2 Baths
1,566 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $87,000 $56 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $1,790/month

60 Days on Market

Highlights

  • Family Room with Fireplace
  • Corner Lot
  • Four Sided Brick Exterior Elevation
  • Ranch Style House
  • Eat-In Kitchen
  • 1 Car Garage

About This Home

As of June 2013

GREAT OPPORTUNITY FOR 3/2 RANCH HOME ON LARGE 3/4 ACRE CORNER LOT WITH PARTIAL BASEMENT! MINUTES FROM LAKE LANIER & BOAT RAMPS! GOOD SCHOOLS!

Last Agent to Sell the Property

Mickey Hyams

Keller Williams Realty Community Partners License #222338 Listed on: 01/28/2013

Keller Williams Realty Community Partners

Last Buyer's Agent

ANDY OTERO

NOT A VALID MEMBER License #286420

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1971

Lot Details

  • 0.75

Parking

  • 1 Car Garage
  • Drive Under Main Level

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,566 Sq Ft Home
  • Family Room with Fireplace
  • 2 Fireplaces
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Corner Lot
  • Septic Tank

Community Details

  • C O Edwards Subdivision

Listing and Financial Details

  • Legal Lot and Block 44 / 07
  • Assessor Parcel Number 5151MERRYLN

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,290

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1971
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room
  • Number Of Fireplaces: 2
  • Appliances: Electric Range
  • Basement: Partial
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1566.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Number of Garage Spaces: 1
  • Parking Features: Drive Under Main Level, Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: C O EDWARDS

Lot Info

  • Lot: 44
  • Lot Features: Corner Lot
  • Lot Dimensions: APPROSIMATELY 3/4 ACRE
  • Parcel Number: 5151MERRYLN
  • Property Attached Yn: No

Tax Info

  • Taxes: 1290.00
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: McEver
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2013
Closed on
Jun 19, 2013
Sold by
Scp Homes I Llc
Bought by
Rubio Marvin E
Seller's Agent
Mickey Hyams
Keller Williams Realty Community Partners
Buyer's Agent
ANDY OTERO
NOT A VALID MEMBER
List Price
$104,900
Sold Price
$87,000
Premium/Discount to List
-$17,900
-17.06%
Current Estimated Value
$309,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,170
Avg. Annual Appreciation
10.67%
Original Mortgage
$83,460
Outstanding Balance
$59,653
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$249,517

Purchase Details

Closed on
Dec 27, 2012
Sold by
Community & Southern Bank
Bought by
Scp Homes I Llc

Purchase Details

Closed on
Dec 6, 2011
Sold by
Wsb Residentail Holdings L
Bought by
Community & Southern Bank

Purchase Details

Closed on
Dec 26, 2007
Sold by
Bartlett Wayne L
Bought by
Wsb Residential Holdings Llc

Purchase Details

Closed on
Nov 23, 2005
Sold by
Bartlett Wallace L and Bartlett Martha A
Bought by
Bartlett Wayne L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Rubio Marvin E $87,000 --
Scp Homes I Llc $52,437 --
Community & Southern Bank $68,000 --
Wsb Residential Holdings Llc $139,000 --
Bartlett Wayne L $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubio Marvin E $83,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2013 06/19/13 Sold $87,000 -17.1% $56 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $104,900 -- $67 / 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
2025 $1,986 $80,240 $23,000 $57,240
2024 $2,038 $79,560 $23,000 $56,560
2023 $2,127 $83,160 $23,280 $59,880
2022 $1,269 $46,440 $11,000 $35,440
2021 $1,299 $46,680 $11,000 $35,680
2020 $1,298 $45,320 $11,000 $34,320
2019 $1,222 $42,120 $11,520 $30,600
2018 $1,163 $38,640 $11,520 $27,120
2017 $1,132 $37,960 $11,520 $26,440
2016 $1,045 $35,720 $10,480 $25,240
2015 $998 $28,160 $10,480 $17,680
2014 $998 $33,718 $10,320 $23,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5104084

First Multiple Listing Service (FMLS)

APN: 08-00062-07-009