NOT LISTED FOR SALE

7860 Gracen Dr Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $500,652 - $518,000

4 Beds
3.5 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold April 25, 2024

Last sale price $495,000

Est. 3% increase in value since last sale

Current estimated payment $3,300/month

25 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • Stainless Steel Appliances
  • Chestatee Elementary School Rated A-
  • Bonus Room
  • Tray Ceiling

About This Home

As of April 2024

Welcome to this nearly new 2 story home on level lot with covered front & back porch in sought after McKinley Crossing. Main level boasts foyer, hard surface floors, formal dining room with tray ceilings, open concept with family room including gas fireplace, board and batten accents, kitchen with granite countertops, island, stainless steel appliances, gas cooktop, upgraded light and accents, and eat-in breakfast room. Office/den/flex room with ? bath powder room. Upper level Boasts large walk in closet, double vanities, separate tub and stand-up shower, and private toilet room. Generous secondary bedrooms with full shared bath. Private teen suite with walk-in closet and full bath. Oversized laundry room. Out-building is to remain with the home. HOA covers ground maintenance. Lake Lanier 1 mile away.

Last Agent to Sell the Property

Chelsea Corless

PEND Realty, LLC License #367670 Listed on: 02/28/2024

Co-Listed By

Chasity Tillman

PEND Realty, LLC License #357552

Last Buyer's Agent

Inez Austin

Real Broker License #375407

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 2018

Lot Details

  • 9,583 Sq Ft Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • 1 Fireplace
  • Bonus Room
  • Laundry on upper level

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub

Parking

  • Garage
  • Parking Accessed On Kitchen Level

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available

Community Details

  • $1,500 Initiation Fee
  • Association fees include ground maintenance
  • Mckinley Crossing Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,587

Year Built

Built in 2018

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Main Level Half Bathrooms: 1
  • Co List Office: PEND01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .22
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Cooktop, Disposal, Microwave, Oven (Wall), Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Basement: None
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Double Vanity, Soaking Tub, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Other

Beds/Baths

  • Upper Level Full Bathrooms: 3

Exterior Features

  • Construction Materials: Concrete
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage, Kitchen Level

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1500
  • Association: Yes
  • Community Features: Sidewalks

Fee Information

  • Initiation Fee: 1500
  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Chestatee Primary
  • High School: East Forsyth
  • Middle School: Little Mill
  • Elementary School: Chestatee Primary
  • Middle School: Little Mill
  • High School: East Forsyth

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 25, 2024
Sold by
Hoeben Krista and Borchers Kyle
Bought by
Iyer Poorna Subramanian and Iyer Gopalakrishnan Ganesan
Seller's Agent
Chelsea Corless
PEND Realty, LLC
Buyer's Agent
Inez Austin
Real Broker
List Price
$510,000
Sold Price
$495,000
Premium/Discount to List
-$15,000
-2.94%
Total Days on Market
25
Views
44
Current Estimated Value
$511,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,663
Avg. Annual Appreciation
2.97%
Original Mortgage
$295,000
Outstanding Balance
$288,388
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$223,275

Purchase Details

Closed on
Oct 24, 2018
Sold by
Sdc Gwinnett Llc
Bought by
Hoeben Krista and Borchers Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,758
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2018
Sold by
Danbry Llc
Bought by
Sdc Gwinnett Llc
Source: Public Records

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Range of Values:

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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
Iyer Poorna Subramanian $495,000 None Listed On Document
Hoeben Krista $287,975 --
Sdc Gwinnett Llc $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iyer Poorna Subramanian $295,000
Previous Owner Hoeben Krista $277,065
Previous Owner Hoeben Krista $282,758
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $495,000 -2.9% --
03/24/2024 03/24/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $510,000 -- --
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
2024 $3,764 $174,884 $40,000 $134,884
2023 $3,587 $185,424 $40,000 $145,424
2022 $4,027 $125,832 $18,000 $107,832
2021 $3,310 $125,832 $18,000 $107,832
2020 $3,210 $120,968 $18,000 $102,968
2019 $3,094 $115,160 $18,000 $97,160
2018 $310 $11,200 $11,200 $0
2017 $311 $11,200 $11,200 $0
2016 $311 $11,200 $11,200 $0
2015 $311 $11,200 $11,200 $0
2014 $297 $11,200 $11,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Chelsea Corless

    Seller's Agent in 2024

    Chelsea Corless

    PEND Realty, LLC

    (678) 300-5910

    3 in this area

    66 Total Sales

    Chelsea Corless
    Section Image
  • Chasity Tillman

    Seller Co-Listing Agent in 2024

    Chasity Tillman

    PEND Realty, LLC

    (678) 663-6673

    5 in this area

    306 Total Sales

    Chasity Tillman
    Section Image
  • Inez Austin

    Buyer's Agent in 2024

    Inez Austin

    Real Broker

    (404) 693-2098

    2 in this area

    40 Total Sales

    Inez Austin
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20173143

Georgia MLS

APN: 314-315

Georgia Forsyth County Gainesville 30506 Lake Lanier

7860 Gracen Dr, Gainesville, GA

This home is located at 7860 Gracen Dr, Gainesville, GA 30506 since 28 February 2024 and is currently estimated at $511,663. This property was built in 2018. 7860 Gracen Dr 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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