NOT LISTED FOR SALE

5167 Ponderosa Farm Rd Gainesville, GA 30507

Estimated Value: $301,537 - $317,000

3 Beds
2 Baths
1,232 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $78,000 $63 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $1,917/month

23 Days on Market

Highlights

  • Open-Concept Dining Room
  • Wood Flooring
  • 2 Car Attached Garage
  • Traditional Architecture
  • Stone Countertops
  • Living Room

About This Home

As of December 2019

Tremendous opportunity in North Georgia! This traditional Gainesville home is perfect for a seasoned or first time INVESTOR. The house is a 3 bedroom, 2 bathroom with ample front yard. You can fix and flip this or just do a few touch-ups and use this as a cash-flowing rental! This 1,232 sq ft house sits on a quiet neighborhood 15 minutes away from Lake Lanier and is currently rented out and tenant can either stay or leave, your choice. Come and see this great home before it is gone! Sold as-is with no disclosures. Cash Sale, Investor’s Special. Motivated Seller.
Seller may or may NOT clean out property prior to settlement.
Seller requests that Buyer use Seller’s Closing Attorney.
Seller REQUIRES a call before any visit to home is made or offer is submitted.

Last Agent to Sell the Property

Hannah Branham

Anchor Real Estate Advisors, LLC License #396022 Listed on: 10/18/2019

Co-Listed By

CODY CHEMBARS

Anchor Real Estate Advisors, LLC License #362360

Last Buyer's Agent

Brian Cohen

Virtual Properties Realty. Biz License #384438

Virtual Properties Realty. Biz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150 x 100
  • Property fronts a highway
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Open-Concept Dining Room
  • Wood Flooring
  • Crawl Space
  • Laundry in Hall

Kitchen

  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Chestnut Mountain Elementary School
  • South Hall Middle School
  • Johnson - Hall High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • Bretton Woods Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 15029A000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,453

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1973
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Open Concept
  • Square Footage: 1232.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Roof Type: Shingle

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Hall
  • Utilities: Electricity Available
  • Electric: Other

Condo/Co-op/Association

  • Subdivision Complex: Bretton Woods

Schools

  • Elementary School: Chestnut Mountain
  • Middle School: South Hall
  • High School: Johnson - Hall

Lot Info

  • Acres: 0.3444
  • Lot: 6
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Dimensions: 150 x 100
  • Parcel Number: 15029A000006
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1453.00
  • Assessor Parcel Number: 15-0029A-00-006
  • Close Date: 2019-12-27
  • Tax Year: 2018

MLS Schools

  • Elementary School: Chestnut Mountain
  • High School: Johnson - Hall
  • Middle School: South Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Jk Blake Real Estate Llc
Bought by
Brown Gatlin Joseph
Current Estimated Value
$311,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Outstanding Balance
$230,168
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$86,355

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 27, 2019
Sold by
Vendere Llc
Bought by
Jk Blake Real Estate Llc
Seller's Agent
Hannah Branham
Anchor Real Estate Advisors, LLC
Buyer's Agent
Brian Cohen
Virtual Properties Realty. Biz
List Price
$82,500
Sold Price
$78,000
Premium/Discount to List
-$4,500
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.97%

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 17, 2019
Sold by
Stepp Robert
Bought by
Vendere Llc
Seller's Agent
Hannah Branham
Anchor Real Estate Advisors, LLC
Buyer's Agent
Brian Cohen
Virtual Properties Realty. Biz
List Price
$82,500
Sold Price
$78,000
Premium/Discount to List
-$4,500
-5.45%
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 Buyer Sale Price Title Company
Brown Gatlin Joseph $250,000 --
Jk Blake Real Estate Llc $78,000 --
Vendere Llc $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Gatlin Joseph $245,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $78,000 -5.5% $63 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $82,500 -- $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
2024 $2,656 $104,640 $9,400 $95,240
2023 $2,542 $103,240 $9,400 $93,840
2022 $1,588 $58,840 $7,000 $51,840
2021 $1,656 $60,320 $7,000 $53,320
2020 $1,397 $57,600 $7,000 $50,600
2019 $1,600 $56,000 $7,000 $49,000
2018 $1,453 $48,960 $7,000 $41,960
2017 $1,229 $41,440 $7,000 $34,440
2016 $823 $27,518 $3,920 $23,598
2015 $829 $27,518 $3,920 $23,598
2014 $829 $27,518 $3,920 $23,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6639054

First Multiple Listing Service (FMLS)

APN: 15-0029A-00-006