NOT LISTED FOR SALE

6555 Terracewood Ln Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $339,822 - $399,000

3 Beds
2 Baths
1,200 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $210,000 $175 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,166/month

Highlights

  • Newly Remodeled
  • Private Lot
  • Ranch Style House
  • Chestatee Elementary School Rated A-
  • Wooded Lot
  • Great Room

About This Home

As of June 2018

Seller will pay $5000 toward closing costs.

Last Agent to Sell the Property

Rex Gravitt

Landmark Realty Associates, Inc. License #122346 Listed on: 04/16/2018

Last Buyer's Agent

Patricia Cohron

Cohron Realty Group, LLC License #318693

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 268x168x290x85
  • Private Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Ranch Style House
  • Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Laundry in Hall

Kitchen

  • Electric Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Air Source Heat Pump
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Energy-Efficient Windows
  • Front Porch

Community Details

  • Julian Ridge Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 300 159

Home Details

Home Type

Single Family

Est. Annual Taxes

$138

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: One
  • Special Features: NewHome
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s)
  • Kitchen Features: Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Other
  • Square Footage: 1200.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Roof Type: Ridge Vents, Shingle
  • Lake Name: Lanier
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Laundry Features: In Hall

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Julian Ridge

Schools

  • Elementary School: Chestatee
  • Middle School: Little Mill
  • High School: North Forsyth

Lot Info

  • Acres: 0.7400
  • Lot: 25
  • Land/Lot: 1203
  • Section G M D: 1
  • Lot Features: Private, Wooded
  • Lot Dimensions: 268x168x290x85
  • Parcel Number: 300 159
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 138.00
  • Assessor Parcel Number: 300-000-159
  • Close Date: 2018-06-08
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 8, 2018
Sold by
Gravitt Investments Lllp
Bought by
Hanson Paige E
Seller's Agent
Rex Gravitt
Landmark Realty Associates, Inc.
Buyer's Agent
Patricia Cohron
Cohron Realty Group, LLC
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%
Current Estimated Value
$363,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,956
Avg. Annual Appreciation
7.81%
Original Mortgage
$203,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2015
Sold by
Gravitt Nadine H
Bought by
Gravitt Investments Llp

Purchase Details

Closed on
Feb 16, 2012
Sold by
Maplewood Development Llc
Bought by
Gravitt Nadine H
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
Hanson Paige E $210,000 --
Gravitt Investments Llp -- --
Gravitt Nadine H $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Paige E $203,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $210,000 -2.3% $175 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $214,900 -- $179 / 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
2025 $2,846 $125,368 $40,000 $85,368
2024 $2,846 $125,092 $34,000 $91,092
2023 $2,632 $106,928 $22,000 $84,928
2022 $2,714 $86,636 $18,000 $68,636
2021 $2,392 $86,636 $18,000 $68,636
2020 $2,120 $76,768 $14,000 $62,768
2019 $2,075 $75,048 $14,000 $61,048
2018 $194 $7,000 $7,000 $0
2017 $139 $5,000 $5,000 $0
2016 $118 $5,000 $5,000 $0
2015 $83 $3,000 $3,000 $0
2014 $53 $2,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rex Gravitt

    Landmark Realty Associates, Inc.

    (770) 886-9499

    18 in this area

    34 Total Sales

    Rex Gravitt
    Section Image
  • Patricia Cohron

    Buyer's Agent in 2018

    Patricia Cohron

    Cohron Realty Group, LLC

    (678) 793-4862

    20 Total Sales

    Patricia Cohron
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5996333

First Multiple Listing Service (FMLS)

APN: 300-159

Georgia Forsyth County Gainesville 30506 Lake Lanier

6555 Terracewood Ln, Gainesville, GA

This home is located at 6555 Terracewood Ln, Gainesville, GA 30506 since 16 April 2018 and is currently estimated at $363,956, approximately $303 per square foot. This property was built in 2018. 6555 Terracewood Ln is a home with nearby schools including Chestatee Elementary School, Little Mill Middle School, and War Hill Christian Academy.

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