NOT LISTED FOR SALE

6507 Bermuda Ln Flowery Branch, GA 30542

Estimated Value: $424,654 - $557,000

2.04 Acres
$225,571 Price per Acre
88,862 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $379,000 $270 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,881/month

9 Days on Market

Highlights

  • 111 Feet of Waterfront
  • Deep Water Access
  • Lake View
  • Boating
  • Lake On Lot
  • A-Frame Home

About This Lot

As of May 2023

Come build your dream home on this 2.04 acre lake Lanier lot with 111 feet of lake frontage. Swim, kaiak or just sit and enjoy the view of Lake Lanier. This property currently has a home located on the property which can be easily torn down to allow a 5+ bedroom home plus house with guest house.

House could be renovated for possible rental income!


Please feel free to walk the lot anytime! Please give me a call with any questions.

Last Agent to Sell the Property

Kimberly Zax

Virtual Properties Realty.com License #172241 Listed on: 04/12/2023

Virtual Properties Realty.com

Last Buyer's Agent

Regina Bell

RE/MAX Tru License #430773

RE/MAX Tru

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1979

Lot Details

  • 2.04 Acre Lot
  • 111 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Corner Lot
  • Partially Wooded Lot
  • Landscaped with Trees
  • Grass Covered Lot

Home Design

  • A-Frame Home
  • Fixer Upper

Interior Spaces

  • 1.5-Story Property
  • Lake Views
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08141 006012

Community Details

Overview

  • Paridise Point Subdivision

Recreation

  • Boating
  • Deep Water Access
  • Lake On Lot
  • Front Porch

Property Details

Property Type

Land

Est. Annual Taxes

$1,800

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: Agent to provide with contract
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Current Classification: Developed/Zoned Residential
  • Property Condition: Fixer Upper
  • Restrictions Requirements: Easements
  • Year Built: 1979
  • Levels Stories: One and One Half
  • Body Type: Other
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Interior Features

  • Additional Rooms: Basement, Bathroom, Bedroom

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Waterfront Frontage: 111
  • Lake Name: Lanier
  • Patio And Porch Features: Front Porch
  • View: Lake

Utilities

  • Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Boating
  • Subdivision Complex: Paridise Point

Schools

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

Lot Info

  • Acres: 2.0400
  • Timber: Hardwoods
  • Land/Lot: 141
  • Current Zoning: Res
  • Plat Book: 101
  • Plat Page: 206
  • Current Use: Residential
  • House On Property: Yes
  • Lot Features: Corner Lot, Lake On Lot
  • Parcel Number: 08141 006012
  • Price Acre Dollar: 185784.31
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1800.00
  • Assessor Parcel Number: 08-00141-06-012
  • Close Date: 2023-05-25
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Lake Front

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
Apr 12, 2023
Closed on
May 25, 2023
Sold by
Gerrity Gayle G
Bought by
Baxter David
Seller's Agent
Kimberly Zax
Virtual Properties Realty.com
Buyer's Agent
Regina Bell
RE/MAX Tru
List Price
$415,000
Sold Price
$379,000
Premium/Discount to List
-$36,000
-8.67%
Views
51
Current Estimated Value
$460,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,164
Avg. Annual Appreciation
9.83%
Original Mortgage
$360,050
Outstanding Balance
$352,368
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$107,796

Purchase Details

Closed on
Nov 12, 2013

Purchase Details

Closed on
Sep 2, 2005
Sold by
Paxton John Stephen and Paxton Randolph
Bought by
Gerrity Gayle G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Baxter David $379,000 --
-- $259,900 --
Gerrity Gayle G $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baxter David $360,050
Previous Owner Gerrity Gayle G $129,952
Previous Owner Gerrity Gayle G $147,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $379,000 -8.7% $270 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $415,000 -- $296 / 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 $3,815 $152,760 $89,280 $63,480
2023 $1,797 $230,040 $179,760 $50,280
2022 $1,758 $194,760 $152,760 $42,000
2021 $1,211 $125,120 $85,920 $39,200
2020 $1,219 $123,160 $85,920 $37,240
2019 $1,132 $130,720 $85,920 $44,800
2018 $1,152 $110,240 $71,200 $39,040
2017 $3,659 $130,680 $94,960 $35,720
2016 $3,222 $117,840 $86,320 $31,520
2015 $2,029 $85,440 $53,920 $31,520
2014 $2,029 $94,960 $63,440 $31,520
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kimberly Zax

    Virtual Properties Realty

    (404) 661-3337

    33 Total Sales

    Kimberly Zax
    Section Image
  • Regina Bell

    Buyer's Agent in 2023

    Regina Bell

    RE/MAX

    (770) 355-3332

    18 Total Sales

    Regina Bell
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7200639

First Multiple Listing Service (FMLS)

APN: 08-00141-06-012

Georgia Hall County Flowery Branch 30542

6507 Bermuda Ln, Flowery Branch, GA

This home is located at 6507 Bermuda Ln, Flowery Branch, GA 30542 since 12 April 2023 and is currently estimated at $460,164, approximately $327 per square foot. This property was built in 1979. 6507 Bermuda Ln 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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