NOT LISTED FOR SALE

8045 Bailey Mill Rd Gainesville, GA 30506

Lake Lanier Area

Estimated Value: $772,987

5 Beds
4 Baths
3,700 Sq Ft
$209/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2021

Last sale price $530,000 $143 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,859 / mo

12 Days on Market

Highlights

  • Fishing
  • Lake View
  • Community Lake
  • Chattahoochee Elementary School Rated A
  • Cape Cod Architecture
  • Oversized primary bedroom

About This Home

As of June 2021

Beautiful 5 bedroom 4 bath well-kept home located in quiet close knit Gainesville! w/ Large Detached Workshop complete with it's own HVAC and Hot Water Heater. Home features an open and bright floor plan with natural light and Great Views of hiking trails and pastures. Plenty of room on 0.98 acres which borders is in walking distance of Lake Lanier, shopping & recreation! Ez access to major highways! Good Schools!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 04/14/2021

Mark Spain Real Estate

Co-Listed By

John Cantwell

Wynd Realty, LLC License #375736

Last Buyer's Agent

Carolyn Mixon

HomeSmart License #203443

HomeSmart

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 2003

Lot Details

  • 42,689 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Accessed On Kitchen Level
  • Driveway

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Home Gym
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Schools

  • Chattahoochee - Forsyth Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 296 099

Community Details

Overview

  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$672

Year Built

Built in 2003

Lot Details

0.98 Acres

Parking

4

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, Traditional
  • Property Condition: Resale
  • Year Built: 2003
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 2500.00
  • Below Grade Sq Ft: 400.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Glass Doors, Great Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Electric Cooktop, Electric Range, Electric Oven, Refrigerator, Microwave
  • Interior Amenities: High Ceilings 10 ft Main, High Ceilings 9 ft Upper, Cathedral Ceiling(s), Double Vanity, Disappearing Attic Stairs, High Speed Internet, Entrance Foyer, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry, Partial
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Family Room, Great Room - 1 Story, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3700.00
  • Spa Features: None
  • Window Features: None
  • Below Grade Finished Sq Ft: 1200.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Frame, Shingle Siding, Stone
  • Roof Type: Shingle
  • View: Lake
  • Foundation: See Remarks

Garage/Parking

  • Number of Garage Spaces: 4
  • Parking Features: Attached, Driveway, Detached, Garage, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Electric: None

Condo/Co-op/Association

  • Community Features: Fishing, Lake

Lot Info

  • Acres: 0.9800
  • Lot Features: Level, Pasture, Sloped
  • Parcel Number: 296 099
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 672.00
  • Tax Year: 2020

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 14, 2021
Sold by
Armstrong Mark
Bought by
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Carolyn Mixon
HomeSmart
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$772,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,987
Avg. Annual Appreciation
7.44%
Original Mortgage
$344,500
Outstanding Balance
$304,329
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$468,658

Purchase Details

Closed on
Sep 30, 2008
Sold by
Lundholm Barbara E
Bought by
Armstrong Mark and Armstrong Sharon
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gainesville, GA

  • DIANA FLORES Real Estate Agent - Harry Norman Realtors

    DIANA FLORES

    Harry Norman Realtors

    (888) 477-2240

    73 Total Sales

    4 in Lake Lanier

    $410K - $850K Price Range

    DIANA FLORES
     Section Image
  • Melissa Holley Real Estate Agent - Keller Williams Realty Atl. Partners

    Melissa Holley

    Keller Williams Realty Atl. Partners

    (833) 741-5063

    10 Total Sales

    2 in Lake Lanier

    $376,500 Price Range

    Melissa Holley
     Section Image
  • Paul Cooke Real Estate Agent - EXP Realty, LLC.

    Paul Cooke

    EXP Realty, LLC.

    (706) 666-5193

    60 Total Sales

    2 in Lake Lanier

    $340,000 Price Range

    Paul Cooke
     Section Image
  • Mike Garcia Real Estate Agent - Maximum One Premier Realtors

    Mike Garcia

    Maximum One Premier Realtors

    (770) 501-6427

    48 Total Sales

    6 in Lake Lanier

    $400K - $555K Price Range

    Mike Garcia
     Section Image
  • Lyman Oehring Real Estate Agent - Keller Williams Realty Atlanta Partners

    Lyman Oehring

    Keller Williams Realty Atlanta Partners

    (855) 944-0562

    8 Total Sales

    2 in Lake Lanier

    $100,000 Price Range

    Lyman Oehring
     Section Image
  • Alex Wilkinson Real Estate Agent - Coldwell Banker Realty

    Alex Wilkinson

    Coldwell Banker Realty

    (470) 577-9457

    65 Total Sales

    2 in Lake Lanier

    $369,900 Price Range

    Alex Wilkinson
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$530,000 --
Armstrong Mark $219,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $344,500
Previous Owner Armstrong Mark $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $530,000 0.0% $143 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $530,000 -- $143 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,537 $277,060 $41,160 $235,900
2024 $5,387 $259,280 $29,400 $229,880
2023 $4,733 $241,192 $29,400 $211,792
2022 $4,673 $138,384 $18,000 $120,384
2021 $702 $138,384 $18,000 $120,384
2020 $671 $105,248 $10,000 $95,248
2019 $675 $105,248 $10,000 $95,248
2018 $558 $105,248 $10,000 $95,248
2017 $672 $90,268 $10,000 $80,268
2016 $672 $90,268 $10,000 $80,268
2015 $2,422 $90,268 $10,000 $80,268
2014 $2,148 $84,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain Real Estate Agent - Mark Spain

    Seller's Agent in 2021

    Mark Spain

    Mark Spain

    (678) 537-8980

    9,860 Total Sales

    Mark Spain
    Section Image
  • John Cantwell Real Estate Agent - Wynd Realty, LLC

    Seller Co-Listing Agent in 2021

    John Cantwell

    Wynd Realty, LLC

    (404) 933-4017

    73 Total Sales

    John Cantwell
    Section Image
  • Carolyn Mixon Real Estate Agent - HomeSmart

    Buyer's Agent in 2021

    Carolyn Mixon

    HomeSmart

    (404) 660-6658

    24 Total Sales

    Carolyn Mixon
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6869075

First Multiple Listing Service (FMLS)

APN: 296-099

Georgia Forsyth County Gainesville 30506

8045 Bailey Mill Rd, Gainesville, GA

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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