NOT LISTED FOR SALE

7 Cherry Ln Gainesville, GA 30504

Estimated Value: $250,000 - $327,000

3 Beds
2 Baths
1,259 Sq Ft
$228/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $179,000 $142 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,711/month

65 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Private Yard
  • Ranch Style House
  • Great Room
  • White Kitchen Cabinets

About This Home

As of January 2020

Fully renovated home features new HVAC, paint, carpet and hardwood flooring. New kitchen with stainless steel appliances. Perfect for first time home buyers.

Last Agent to Sell the Property

Sergio Felix

RE/MAX Center License #255269 Listed on: 11/12/2019

Last Buyer's Agent

Margarita Felix

RE/MAX Center License #244190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 1959

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 101x151
  • Property fronts a private road
  • Level Lot
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,259 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • City Views

Kitchen

  • Electric Range
  • Laminate Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Unfinished Basement

  • Partial Basement
  • Natural lighting in basement

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 110 Volts
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Cherry Wood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08015 003006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,801

Year Built

Built in 1959

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: Resale
  • Year Built: 1959
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Electric Range
  • Interior Amenities: High Speed Internet
  • Basement: Daylight, Partial, Unfinished
  • Kitchen Features: Cabinets White, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Great Room
  • Square Footage: 1259.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 4 Sides, Frame
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Private Yard
  • View: City

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Heat Pump
  • Utilities: Cable Available, Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Cherry Wood

Lot Info

  • Acres: 0.3500
  • Lot Features: Back Yard, Level
  • Lot Dimensions: 101x151
  • Parcel Number: 08015 003006
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1801.00
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Gainesville Exploration Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Soto Maria
Bought by
Galvan Tomas Castillo
Current Estimated Value
$286,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$162,781
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$124,050

Purchase Details

Listed on
Nov 12, 2019
Closed on
Jan 31, 2020
Sold by
Conde Properties Llc
Bought by
Soto Maria
Seller's Agent
Sergio Felix
RE/MAX Center
Buyer's Agent
Margarita Felix
RE/MAX Center
List Price
$154,900
Sold Price
$179,000
Premium/Discount to List
$24,100
15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$173,630
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2019
Sold by
Castillo Juan
Bought by
Conde Properties Llc

Purchase Details

Closed on
Apr 19, 2005
Sold by
Cobb Sandra W
Bought by
Castillo Juan Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2002
Sold by
Waldon Mary Lou
Bought by
Cobb Sandra W

Purchase Details

Closed on
Feb 7, 2002
Sold by
Waldon Walter Clarence
Bought by
Waldon Mary Lou

Purchase Details

Closed on
Oct 13, 2001
Sold by
Cobb Sandra Waldon
Bought by
Waldon Mary Lou
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galvan Tomas Castillo $240,000 --
Soto Maria $179,000 --
Conde Properties Llc $128,000 --
Castillo Juan Manuel $126,500 --
Cobb Sandra W -- --
Waldon Mary Lou -- --
Waldon Mary Lou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvan Tomas Castillo $180,000
Previous Owner Soto Maria $173,630
Previous Owner Castillo Juan Manuel $126,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $179,000 -0.5% $142 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
12/27/2019 12/27/19 Price Changed $179,900 -2.7% $143 / Sq Ft
12/13/2019 12/13/19 Price Changed $184,900 -2.6% $147 / Sq Ft
11/12/2019 11/12/19 Price Changed $189,900 +22.6% $151 / Sq Ft
11/12/2019 11/12/19 For Sale $154,900 -- $123 / 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 $2,709 $106,240 $12,520 $93,720
2024 $2,711 $103,040 $12,520 $90,520
2023 $2,531 $112,880 $12,520 $100,360
2022 $2,271 $81,920 $12,520 $69,400
2021 $2,036 $75,360 $12,520 $62,840
2020 $1,881 $64,160 $9,480 $54,680
2019 $1,805 $62,960 $10,080 $52,880
2018 $1,801 $60,746 $10,080 $50,666
2017 $1,783 $60,746 $10,080 $50,666
2016 $1,745 $60,746 $10,080 $50,666
2015 $1,756 $60,746 $10,080 $50,666
2014 $1,756 $60,746 $10,080 $50,666
Source: Public Records

Agents Affiliated with this Home

  • Sergio Felix

    Seller's Agent in 2020

    Sergio Felix

    RE/MAX

    (678) 316-8073

    17 in this area

    78 Total Sales

    Sergio Felix
    Section Image
  • Margarita Felix

    Buyer's Agent in 2020

    Margarita Felix

    RE/MAX

    10 in this area

    52 Total Sales

    Margarita Felix
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6644631

First Multiple Listing Service (FMLS)

APN: 08-00015-03-006

Georgia Hall County Gainesville 30504

7 Cherry Ln, Gainesville, GA

Not Listed for Sale

Detached

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