NOT LISTED FOR SALE

8240 Bennett Ln Gainesville, GA 30506

Estimated Value: $810,000 - $978,691

3 Beds
4 Baths
2,624 Sq Ft
$341/Sq Ft Est. Value

Last Sold December 06, 2017

Last sale price $550,000 $210 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,246/month

16 Days on Market

Highlights

  • 76 Feet of Waterfront
  • Covered dock with two slips
  • Open-Concept Dining Room
  • Chestatee Elementary School Rated A
  • Deep Water Access
  • 4-minute walk to Six Mile Creek Park Gainesville

About This Home

As of December 2017

Great lake home and awesome lot! Easy walk to the home, easy walk to the water, deep water at dock, never dry, and big water view. Everything you wanted in Lake property. Relax w/your favorite book on your deck,and enjoy beautiful views to the fullest, since this cabin just about sits on top of the water. Open/inviting floor plan. Convenient to Cumming/Gainesville. Permitted to mow to the water, grandfathered in ramp/driveway to the water. Septic & lines w/pump were added in 97’ when seller completely renovated the home from its original. Don’t pass this opportunity up.

Last Agent to Sell the Property

Mike Garcia

Maximum One Premier Realtors License #331213 Listed on: 10/13/2017

Maximum One Premier Realtors

Last Buyer's Agent

LORI BURKE

Polo Realty, Inc. License #270113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,564

Year Built

  • Built in 1960

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 254x75x227x76
  • 76 Feet of Waterfront
  • Lake Front
  • Sloped Lot

Home Design

  • Ranch Style House
  • Cabin
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 2,624 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Loft
  • Screened Porch
  • Wood Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Parking

  • Detached Garage
  • 2 Carport Spaces
  • Driveway

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with two slips
  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Community Lake

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 307 069

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,564

Year Built

Built in 1960

Lot Details

0.4 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Ranch
  • Property Condition: Resale
  • Year Built: 1960
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Electric Water Heater, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry, Partial
  • Kitchen Features: Breakfast Bar, Cabinets Other, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Open Concept, Seats 12+
  • Square Footage: 2624.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 3
  • Master Bathroom Features: Shower Only

Exterior Features

  • Waterfront Frontage: 76
  • Construction Materials: Cedar, Frame
  • Roof Type: Composition, Shingle
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Screened
  • View: Lake

Garage/Parking

  • Number of Carport Spaces: 2
  • Parking Features: Carport, Detached, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Propane
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Acres: 0.4000
  • Lot: 8
  • Section G M D: 1
  • Lot Features: Sloped
  • Lot Dimensions: 254x75x227x76
  • Parcel Number: 307 069
  • Property Attached Yn: No

Tax Info

  • Taxes: 3564.00
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2017
Closed on
Dec 6, 2017
Sold by
Gammon Ronald K
Bought by
Gammon Ronald K and Gammon Elizabeth Noreen
Seller's Agent
Mike Garcia
Maximum One Premier Realtors
Buyer's Agent
LORI BURKE
Polo Realty, Inc.
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$895,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,923
Avg. Annual Appreciation
6.13%
Original Mortgage
$340,000
Outstanding Balance
$285,954
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$609,969

Purchase Details

Closed on
Jun 3, 2014
Sold by
Stephens Charles Edward
Bought by
Stephens June Cannon

Purchase Details

Closed on
Mar 19, 1999
Sold by
Moulder Charles H and Moulder Esther
Bought by
Folea Richard V and Folea There

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
6.74%
Mortgage Type
New Conventional
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gammon Ronald K -- --
Gammon Ronald K $550,000 --
Stephens June Cannon -- --
Folea Richard V $321,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gammon Ronald K $340,000
Closed Gammon Ronald K $100,000
Closed Gammon Ronald K $340,000
Previous Owner Folea Richard V $240,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2017 12/06/17 Sold $550,000 -4.3% $210 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $575,000 -- $219 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $7,555 $361,324 $200,000 $161,324
2024 $7,555 $357,080 $200,000 $157,080
2023 $6,508 $315,624 $160,000 $155,624
Source: Public Records

Agents Affiliated with this Home

  • Mike Garcia

    Seller's Agent in 2017

    Mike Garcia

    Maximum One Premier Realtors

    (770) 530-8530

    3 in this area

    50 Total Sales

    Mike Garcia
    Section Image

  • L

    Buyer's Agent in 2017

    LORI BURKE

    Polo Realty, Inc.

    (770) 656-8729

    1 in this area

    8 Total Sales

    LORI BURKE
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5921424

First Multiple Listing Service (FMLS)

APN: 307-069

Georgia Forsyth County Gainesville 30506

8240 Bennett Ln, Gainesville, GA

Not Listed for Sale

Detached

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