NOT LISTED FOR SALE

8265 Bailey Mill Rd Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $763,000 - $815,291

3 Beds
2.5 Baths
1,568 Sq Ft
$504/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $579,500 $370 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,709/month

Highlights

  • 92 Feet of Waterfront
  • Covered Dock
  • Deep Water Access
  • Chattahoochee Elementary School Rated A
  • Boating
  • Open-Concept Dining Room

About This Home

As of April 2021

Beautiful views, always deep water at this charming lake home on south Lake Lanier. Great weekend retreat or rental property in prime Forysyth county location. Well maintained with some updates. Dock has 1 covered slip with lift and swim platform.

Last Agent to Sell the Property

MONICA W PAPPAS

The Gates Real Estate Group, Inc. License #253032 Listed on: 02/15/2021

Last Buyer's Agent

Trish Hutcherson

Maximum One Premier Realtors License #403899

Maximum One Premier Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1980

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 257 x 82
  • 92 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property fronts an easement
  • Property borders a national or state park
  • Wooded Lot

Home Design

  • Rustic Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Rear Stairs
  • Beamed Ceilings
  • Whole House Fan
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Den
  • Laminate Flooring
  • Lake Views

Kitchen

  • Open to Family Room
  • Electric Range
  • Range Hood
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement

Parking

  • Parking Accessed On Kitchen Level
  • Driveway

Outdoor Features

  • Deep Water Access
  • Covered dock with one slips
  • Covered Dock
  • Deck
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 110 Volts
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 308 009

Community Details

Overview

  • Driftwood Subdivision
  • Community Lake

Recreation

  • Boating
  • Powered Boats Allowed
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,644

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Property Condition: Resale
  • Year Built: 1980
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Laminate
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Range Hood, Washer
  • Interior Amenities: Beamed Ceilings
  • Basement: Exterior Entry, Finished Bath, Interior Entry
  • Kitchen Features: Cabinets Stain, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den
  • Dining Room Features: Open Concept
  • Square Footage: 1568.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

  • Waterfront Frontage: 92
  • Construction Materials: Wood Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Rear Porch
  • Exterior Features: Rear Stairs
  • View: Lake
  • Foundation: Block

Garage/Parking

  • Parking Features: Driveway, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air, Whole House Fan
  • Heating: Central, Electric, Forced Air
  • Laundry Features: In Basement
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Lake, Powered Boats Allowed
  • Subdivision Complex: Driftwood

Schools

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

Lot Info

  • Acres: 0.4300
  • Lot: 5
  • Land/Lot: 1109
  • Section G M D: 1
  • Deed Book: 3622
  • Deed Page: 315
  • Plat Book: 16
  • Plat Page: 40
  • Lot Features: Borders US/State Park, Wooded
  • Lot Dimensions: 257 x 82
  • Parcel Number: 308 009
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4644.00
  • Assessor Parcel Number: 308-000-009
  • Close Date: 2021-04-07
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Lake

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

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 7, 2021
Sold by
Kost Beth
Bought by
Paddy Kevin Leonard
Seller's Agent
MONICA W PAPPAS
The Gates Real Estate Group, Inc.
Buyer's Agent
Trish Hutcherson
Maximum One Premier Realtors
List Price
$579,500
Sold Price
$579,500
Current Estimated Value
$790,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,573
Avg. Annual Appreciation
7.05%
Original Mortgage
$463,600
Outstanding Balance
$417,899
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$372,174

Purchase Details

Closed on
Nov 5, 2004
Sold by
Baugus John R and Baugus Jill
Bought by
Kost Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,200
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Sutlive William G and Sutlive Ann
Bought by
Baugus John R and Baugus Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,600
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1995
Sold by
Snyder Catherine
Bought by
Sutlive William Ann
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
Paddy Kevin Leonard $579,500 --
Kost Beth $411,000 --
Baugus John R $323,300 --
Sutlive William Ann $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paddy Kevin Leonard $463,600
Previous Owner Kost Beth $328,200
Previous Owner Baugus John R $258,600
Closed Sutlive William Ann $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $579,500 0.0% $370 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $579,500 -- $370 / 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
2025 $6,380 $305,884 $200,000 $105,884
2024 $6,380 $303,248 $200,000 $103,248
2023 $5,194 $254,548 $160,000 $94,548
2022 $5,003 $170,688 $120,000 $50,688
2021 $4,713 $170,688 $120,000 $50,688
2020 $4,644 $168,160 $120,000 $48,160
2019 $4,643 $167,892 $120,000 $47,892
2018 $3,773 $136,428 $100,000 $36,428
2017 $3,732 $134,460 $100,000 $34,460
2016 $3,732 $134,460 $100,000 $34,460
2015 $3,739 $134,460 $100,000 $34,460
2014 $3,499 $132,164 $100,000 $32,164
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MONICA W PAPPAS

    The Gates Real Estate Group, Inc.

    (404) 226-7415

    1 in this area

    2 Total Sales

    MONICA W PAPPAS
    Section Image
  • Trish Hutcherson

    Buyer's Agent in 2021

    Trish Hutcherson

    Maximum One Premier Realtors

    (678) 371-7762

    3 in this area

    45 Total Sales

    Trish Hutcherson
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6840952

First Multiple Listing Service (FMLS)

APN: 308-009

Georgia Forsyth County Gainesville 30506 Lake Lanier

8265 Bailey Mill Rd, Gainesville, GA

This home is located at 8265 Bailey Mill Rd, Gainesville, GA 30506 since 15 February 2021 and is currently estimated at $790,073, approximately $503 per square foot. This property was built in 1980. 8265 Bailey Mill Rd is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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