$82,000
SOLD FEB 24, 2017

7145 Our Way Gainesville, GA 30506

Lake Lanier Neighborhood
2 Beds
1 Bath
1,047 Sq Ft
1 Acres

Recently Sold

$78 Per Sq Ft

17% Below List Price

84 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Accessible Entrance
  • Chestatee Elementary School Rated A-

About This Home

As of December 2021

Home Needs updating. Private wooded lot.
All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale..

Last Agent to Sell the Property

Stephanie Johnson

RS Asset Management License #340420 Listed on: 11/10/2016

Last Buyer's Agent

Innovations Realty Group

WYND REALTY LLC License #330110

WYND REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Dirt Road
  • Sloped Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,047 Sq Ft Home
  • Wood Burning Stove
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Entrance

Schools

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

Utilities

  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 303 005

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1985

Lot Details

0

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: 1985
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Wood Burning Stove
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Other
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1047.00

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Utilities

  • Sewer: Septic Tank
  • Water Source: Private

Schools

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

Lot Info

  • Acres: 1.0000
  • Lot Features: Sloped
  • Parcel Number: 303 005
  • Property Attached Yn: No

Tax Info

  • Taxes: 895.00
  • Assessor Parcel Number: 303-000-005
  • Close Date: 2017-02-24
  • Tax Year: 2016

MLS Schools

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

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%
Total Days on Market
84
Current Estimated Value
$289,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,904
Avg. Annual Appreciation
4.96%
Original Mortgage
$240,070
Outstanding Balance
$222,708
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$66,696

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
16.47%

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
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 Type Sale Price Title Company
Warranty Deed $244,500 --
Warranty Deed $246,200 --
Warranty Deed $82,000 --
Foreclosure Deed $108,620 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,070 FHA
Closed $240,070 FHA
Previous Owner $99,000 Stand Alone Second
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: 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 $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

    70 in this area

    10,400 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

    (678) 341-9891

    1 Total Sale

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5775662

First Multiple Listing Service (FMLS)

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 and is currently priced at $82,000, approximately $78 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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