NOT LISTED FOR SALE

7145 Our Way Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $285,000 - $401,000

2 Beds
2 Baths
1,047 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $244,500 $234 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,883/month

78 Days on Market

Highlights

  • Wooded Lot
  • Solid Surface Countertops
  • Bungalow
  • Chestatee Elementary School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of December 2021

Looking for a mountain like retreat? This is it! Adorable, updated two bed two bath home nestled in the hills. It offers two lovely covered porches to sit out and enjoy the nature. It will not be FHA eligible until 9/22.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 07/27/2021

Mark Spain Real Estate

Co-Listed By

Marissa Bradley

The HomeStore License #339134

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Wooded Lot

Parking

  • Parking Accessed On Kitchen Level

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1,047 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • ArchitecturalStyle: Bungalow/Cottage
  • Co List Office: NOHO01
  • Financing Type: FHA
  • Levels: One
  • Lot Size Acres: 1
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Total Finished Area2: 1047
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Bedrooms: 2
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1047
  • Above Grade Finished Sq Ft: 1047
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Other
  • Kitchen Features: Solid Surface Counters
  • Price Per Square Foot: 233.52

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Other
  • ExteriorFeatures: Other
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Kitchen Level

Utilities

  • Cooling: Central Air, Other
  • Heating: Central, Other
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1433

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Dec 7, 2021
Sold by
Opendoor Property Trust I
Bought by
Gibson Dallas S and Lummus Caitlyn L
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$250,000
Sold Price
$244,500
Premium/Discount to List
-$5,500
-2.2%
Current Estimated Value
$323,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,728
Avg. Annual Appreciation
7.62%
Original Mortgage
$240,070
Outstanding Balance
$220,414
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$102,814

Purchase Details

Closed on
Jun 23, 2021
Sold by
Futuro Banca Llc
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Nov 10, 2016
Closed on
Feb 14, 2017
Bought by
Futuro Banca Llc
Seller's Agent
Stephanie Johnson
RS Asset Management
Buyer's Agent
Innovations Realty Group
WYND REALTY LLC
List Price
$98,800
Sold Price
$82,000
Premium/Discount to List
-$16,800
-17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.31%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Bobby L
Bought by
Us Bank National Association T and First Franklin Mtg Loan Trust
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
Gibson Dallas S $244,500 --
Opendoor Property Trust I $246,200 --
Futuro Banca Llc $82,000 --
Us Bank National Association T $108,620 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Dallas S $240,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $244,500 +1.5% $234 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/08/2021 10/08/21 Price Changed $241,000 -1.2% $230 / Sq Ft
08/20/2021 08/20/21 Price Changed $244,000 -2.4% $233 / Sq Ft
07/27/2021 07/27/21 For Sale $250,000 +204.9% $239 / Sq Ft
02/24/2017 02/24/17 Sold $82,000 -7.7% $78 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
12/22/2016 12/22/16 Price Changed $88,800 -10.1% $85 / Sq Ft
11/10/2016 11/10/16 For Sale $98,800 -- $94 / Sq Ft
Source: Georgia MLS

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 $2,114 $121,944 $41,808 $80,136
2024 $2,114 $105,192 $28,140 $77,052
2023 $1,661 $100,628 $28,140 $72,488
2022 $1,947 $53,496 $16,720 $36,776
2021 $1,477 $53,496 $16,720 $36,776
2020 $1,433 $51,896 $16,720 $35,176
2019 $1,311 $47,416 $12,920 $34,496
2018 $1,031 $37,296 $12,920 $24,376
2017 $959 $34,536 $11,400 $23,136
2016 $895 $32,256 $9,120 $23,136
2015 $897 $32,256 $9,120 $23,136
2014 $804 $30,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2021

    Mark Spain

    Mark Spain

    (678) 537-8980

    66 in this area

    9,932 Total Sales

    Mark Spain
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Marissa Bradley

    The HomeStore

    Section Image
  • Glenda Broker

    Buyer's Agent in 2021

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image

  • S

    Seller's Agent in 2017

    Stephanie Johnson

    RS Asset Management

    Section Image
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Map

Source: Georgia MLS

MLS Number: 9022497

Georgia MLS

APN: 303-005

Georgia Forsyth County Gainesville 30506 Lake Lanier

7145 Our Way, Gainesville, GA

This home is located at 7145 Our Way, Gainesville, GA 30506 since 27 July 2021 and is currently estimated at $323,228, approximately $308 per square foot. This property was built in 1985. 7145 Our Way is a home located in Forsyth County with nearby schools including Chestatee Elementary School, Little Mill Middle School, and War Hill Christian Academy.

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