NOT LISTED FOR SALE

6191 Gainesville St Flowery Branch, GA 30542

Estimated Value: $283,000 - $330,000

4 Beds
2 Baths
1,728 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $238,000 $138 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,952/month

Highlights

  • Detached Garage
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of May 2021

A perfect CASH FLOW opportunity for an investor!! Each unit features 2 BEDROOMS & 2 BATHROOMS, with hook-ups for washer & dryer in each unit!! This well maintained side by side duplex is located minutes from historic downtown Flowery Branch, and only steps from Lake Lanier's SAFE HARBOR HIDEAWAY BAY MARINA!!

Last Agent to Sell the Property

Corey McDonald

Virtual Properties Realty.com License #365942 Listed on: 03/24/2021

Virtual Properties Realty.com

Co-Listed By

Jon Barajas

NOT A VALID MEMBER License #377239

Last Buyer's Agent

James Mitchell

Atlanta Communities Real Estate Brokerage License #391097

Atlanta Communities Real Estate Brokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,782

Year Built

  • Built in 1985

Lot Details

  • 0.35

Parking

  • Detached Garage

Home Design

  • Duplex
  • Composition Roof

Schools

  • Flowery Branch Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • 1-Story Property
  • 0.35 Acre Lot

Community Details

  • 2 Units
  • Lorimar On The Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08118 007005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,782

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Features: Detached

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Lorimar On The Lake

Schools

  • Elementary School: Flowery Branch
  • Middle School: West Hall
  • High School: West Hall

Lot Info

  • Acres: 0.3500
  • Parcel Number: 08118 007005
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1782.00
  • Assessor Parcel Number: 08-00118-07-005
  • Close Date: 2021-05-17
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 17, 2021
Sold by
Wilson James Joseph
Bought by
Gaddy Nicholas B
Seller's Agent
Corey McDonald
Virtual Properties Realty.com
Buyer's Agent
James Mitchell
Atlanta Communities Real Estate Brokerage
List Price
$225,000
Sold Price
$238,000
Premium/Discount to List
$13,000
5.78%
Current Estimated Value
$313,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,452
Avg. Annual Appreciation
6.49%
Original Mortgage
$233,689
Outstanding Balance
$211,449
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$102,003

Purchase Details

Listed on
Jun 29, 2015
Closed on
Sep 2, 2015
Sold by
Bruce Herbert
Bought by
Wilson James Joseph
Seller's Agent
Venita Masters
NOT A VALID MEMBER
Buyer's Agent
Kim Christopher
Greene Real Estate Co.
List Price
$110,900
Sold Price
$80,000
Premium/Discount to List
-$30,900
-27.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.04%

Purchase Details

Closed on
Oct 1, 1994

Purchase Details

Closed on
Nov 1, 1993
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
Gaddy Nicholas B $238,000 --
Wilson James Joseph $80,000 --
-- $62,000 --
-- $15,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaddy Nicholas B $233,689
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $238,000 +5.8% $138 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $225,000 +181.3% $130 / Sq Ft
09/02/2015 09/02/15 Sold $80,000 -27.9% $46 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $110,900 -- $64 / 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 $3,477 $124,320 $26,760 $97,560
2023 $2,469 $116,920 $26,240 $90,680
2022 $2,325 $90,840 $21,560 $69,280
2021 $1,828 $68,640 $15,320 $53,320
2020 $1,782 $77,720 $15,320 $62,400
2019 $1,798 $65,000 $11,600 $53,400
2018 $1,402 $49,080 $13,920 $35,160
2017 $1,213 $41,440 $13,920 $27,520
2016 $915 $32,720 $8,880 $23,840
2015 $1,206 $41,845 $8,120 $33,725
2014 $1,206 $41,845 $8,120 $33,725
Source: Public Records

Agents Affiliated with this Home

  • Corey McDonald

    Seller's Agent in 2021

    Corey McDonald

    Virtual Properties Realty.com

    (678) 936-5391

    95 Total Sales

    Corey McDonald
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jon Barajas

    NOT A VALID MEMBER

    Section Image
  • James Mitchell

    Buyer's Agent in 2021

    James Mitchell

    Atlanta Communities

    (770) 546-3224

    80 Total Sales

    James Mitchell
    Section Image

  • V

    Seller's Agent in 2015

    Venita Masters

    NOT A VALID MEMBER

  • Kim Christopher

    Buyer's Agent in 2015

    Kim Christopher

    Greene Real Estate Co.

    (770) 531-1966

    43 Total Sales

    Kim Christopher
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6865030

First Multiple Listing Service (FMLS)

APN: 08-00118-07-005

Georgia Hall County Flowery Branch 30542

6191 Gainesville St, Flowery Branch, GA

This home is located at 6191 Gainesville St, Flowery Branch, GA 30542 since 24 March 2021 and is currently estimated at $313,452, approximately $181 per square foot. This property was built in 1985. 6191 Gainesville St is a home located in Hall County with nearby schools including Flowery Branch Elementary School, West Hall Middle School, and West Hall High School.

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