$70,000
SOLD MAR 16, 2015

5217 Byers Rd Gainesville, GA 30504

3 Beds
3.5 Baths
2,356 Sq Ft
1.41 Acres

Recently Sold

$30 Per Sq Ft

30% Below List Price

68 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Private Lot
  • In Ground Pool
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of August 2015

INVESTOR'S SPECIAL! CLOSE TO TWO ACRES, ORIGINALLY ZONED AS 3 RESIDENTIAL LOTS (REFER TO TAX RECORDS)! WALKING DISTANCE TO LAKE LANIER! BUILDING STILL STANDS BUT NEEDS FULL REHAB! UNIQUE INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

THE KURZNER GROUP

Resideum Real Estate License #154646 Listed on: 12/12/2014

Last Buyer's Agent

LUIS AMORETTI

NOT A VALID MEMBER License #348044

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • Lake Front
  • Private Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2,356 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Detached Garage
  • Driveway

Pool

  • In Ground Pool

Schools

  • Oakwood Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • Byers Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 5217BYERSRD

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 1973
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2356.00

Beds/Baths

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

Exterior Features

  • Roof Type: Composition
  • Pool Features: In Ground

Garage/Parking

  • Parking Features: Detached, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: BYERS

Schools

  • Elementary School: Oakwood
  • Middle School: West Hall
  • High School: West Hall

Lot Info

  • Lot Features: Private, Wooded
  • Lot Dimensions: 1.41
  • Parcel Number: 5217BYERSRD
  • Property Attached Yn: No

Tax Info

  • Taxes: 2544.00
  • Assessor Parcel Number: 08-00077-01-040
  • Close Date: 2015-03-16
  • Tax Year: 2013

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Oakwood
  • High School: West Hall
  • Middle School: West Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Aug 21, 2015
Sold by
Mda Investments Llc
Bought by
King Timothy A
Seller's Agent
LUIS AMORETTI
NOT A VALID MEMBER
Buyer's Agent
Tom Becker
Becker Realty, Inc.
List Price
$183,900
Sold Price
$183,000
Premium/Discount to List
-$900
-0.49%
Current Estimated Value
$469,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,003
Avg. Annual Appreciation
9.23%
Original Mortgage
$179,685
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 12, 2014
Closed on
Mar 12, 2015
Sold by
Csfr Colfin American Investors
Bought by
Mda Investments Llc
Seller's Agent
THE KURZNER GROUP
Resideum Real Estate
Buyer's Agent
LUIS AMORETTI
NOT A VALID MEMBER
List Price
$99,900
Sold Price
$70,000
Premium/Discount to List
-$29,900
-29.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
834.52%
Original Mortgage
$99,100
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2014
Sold by
Colfin Ai Ga 1 Llc
Bought by
Csfr Colfin American Investors

Purchase Details

Closed on
May 7, 2013
Sold by
Drennan William F
Bought by
Colfin Ai Ga 1 Llc

Purchase Details

Closed on
Sep 26, 1997
Sold by
Bramlett Larry W and Bramlett Mary Lois
Bought by
Drennan William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
7.46%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $183,000 --
Warranty Deed $70,000 --
Warranty Deed -- --
Foreclosure Deed $25,100 --
Deed $172,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,316 FHA
Closed $180,000 New Conventional
Closed $36,500 New Conventional
Closed $179,685 FHA
Previous Owner $99,100 New Conventional
Previous Owner $172,900 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $183,000 -0.5% $78 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
06/24/2015 06/24/15 Price Changed $183,900 0.0% $78 / Sq Ft
06/24/2015 06/24/15 For Sale $183,900 +162.7% $78 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
03/16/2015 03/16/15 Sold $70,000 -29.9% $30 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $99,900 -- $42 / 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 $3,407 $136,976 $9,560 $127,416
2023 $2,467 $114,720 $9,560 $105,160
2022 $2,343 $90,080 $9,560 $80,520
2021 $2,280 $86,080 $9,560 $76,520
2020 $2,240 $82,200 $9,560 $72,640
2019 $2,170 $78,920 $9,560 $69,360
2018 $2,167 $76,320 $9,560 $66,760
2017 $2,042 $72,640 $9,560 $63,080
2016 $2,009 $73,640 $10,960 $62,680
2015 $2,123 $42,680 $10,960 $31,720
2014 $2,123 $87,976 $18,120 $69,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5375531

First Multiple Listing Service (FMLS)

APN: 08-00077-01-040