NOT LISTED FOR SALE

550 Ivey Terrace Gainesville, GA 30501

Bradford-Ridgewood Neighborhood

Estimated Value: $286,838 - $376,000

3 Beds
2 Baths
1,288 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $139,700 $108 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,145/month

27 Days on Market

Highlights

  • Colonial Architecture
  • Ceiling height of 9 feet on the main level
  • Eat-In Kitchen
  • Dining Room Seats More Than Twelve
  • Front Porch
  • 5-minute walk to Ivey Terrace Park

About This Home

As of June 2016

This home was one of the first homes built in Gainesville after the horrific tornado torn this town apart. It is a 2 story traditional Colonial style. It was built in 1936 and has now been renovated to maintain the integrity of the original home, leaving original floors, windows, and stairs.
It is perfect for anyone who loves to walk the trails, walk to the downtown square or walk to the lake. The park across the street offers playgrounds and picnic
areas. We now have off street parking .

Last Agent to Sell the Property

KATE BROOKS

Atlanta Communities License #312619 Listed on: 04/06/2016

Atlanta Communities

Last Buyer's Agent

Jan Truelove

NOT A VALID MEMBER License #367208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1936

Lot Details

  • 7,449

Home Design

  • Colonial Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room
  • Dining Room Seats More Than Twelve
  • Laundry in Kitchen

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Gainesville Exploration Academy Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Front Porch
  • Sloped Lot

Listing and Financial Details

  • Legal Lot and Block 25 / 4
  • Assessor Parcel Number 01025 004005

Home Details

Home Type

Single Family

Est. Annual Taxes

$926

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Condition: Resale
  • Year Built: 1936
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Seats 12+
  • Square Footage: 1288.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Roommate Floor Plan
  • Total Full Baths: 2
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Front Porch

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: In Kitchen
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Schools

  • Elementary School: Gainesville Exploration Academy
  • Middle School: Gainesville
  • High School: Gainesville

Lot Info

  • Lot: 25
  • Section G M D: 1
  • Plat Book: 300
  • Lot Features: Sloped
  • Lot Dimensions: 5671
  • Parcel Number: 01025 004005
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation

Tax Info

  • Taxes: 926.00
  • Assessor Parcel Number: 01-00025-04-005
  • Close Date: 2016-06-09
  • Tax Year: 2015

MLS Schools

  • Elementary School: Gainesville Exploration Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Jun 9, 2016
Sold by
Pmt Property Solutions Llc
Bought by
Carrillo Marcelino
Seller's Agent
KATE BROOKS
Atlanta Communities
Buyer's Agent
Jan Truelove
NOT A VALID MEMBER
List Price
$142,900
Sold Price
$139,700
Premium/Discount to List
-$3,200
-2.24%
Current Estimated Value
$334,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,760
Avg. Annual Appreciation
9.63%
Original Mortgage
$125,730
Outstanding Balance
$101,414
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$224,809

Purchase Details

Closed on
May 21, 2015
Sold by
Rbp Llc
Bought by
Pmt Property Solutions Llc

Purchase Details

Closed on
Aug 4, 2003
Sold by
Higginbotham Nancy B
Bought by
Oliver Eric B and Oliver Jammie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,317
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 1998
Sold by
Baldwin Elizabeth T
Bought by
Bell Kathleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,150
Interest Rate
6.95%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Carrillo Marcelino $139,700 --
Pmt Property Solutions Llc $45,000 --
Rbp Llc $39,000 --
Oliver Eric B $102,000 --
Bell Kathleen B $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrillo Marcelino $125,730
Previous Owner Oliver Eric B $102,317
Previous Owner Bell Kathleen B $51,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2016 06/09/16 Sold $139,700 -2.2% $108 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $142,900 -- $111 / 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 $3,877 $135,640 $12,000 $123,640
2023 $467 $133,840 $12,000 $121,840
2022 $482 $104,280 $12,000 $92,280
2021 $390 $76,960 $8,040 $68,920
2020 $2,334 $78,000 $8,040 $69,960
2019 $2,140 $70,520 $6,200 $64,320
2018 $289 $50,760 $7,160 $43,600
2017 $282 $44,160 $7,160 $37,000
2016 $545 $23,040 $7,160 $15,880
2015 $590 $30,407 $3,560 $26,847
2014 $590 $30,407 $3,560 $26,847
Source: Public Records

Agents Affiliated with this Home

  • KATE BROOKS

    Seller's Agent in 2016

    KATE BROOKS

    Atlanta Communities

    (404) 867-2271

    5 Total Sales

    KATE BROOKS
    Section Image

  • J

    Buyer's Agent in 2016

    Jan Truelove

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5671416

First Multiple Listing Service (FMLS)

APN: 01-00025-04-005

Georgia Hall County Gainesville 30501 Bradford-Ridgewood

550 Ivey Terrace, Gainesville, GA

This home is located at 550 Ivey Terrace, Gainesville, GA 30501 since 06 April 2016 and is currently estimated at $334,460, approximately $259 per square foot. This property was built in 1936. 550 Ivey Terrace is a home located in Hall County with nearby schools including Centennial Arts Academy, Gainesville Middle School, and Gainesville High School.

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