NOT LISTED FOR SALE

8270 Bennett Ln Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $719,000 - $828,000

2 Beds
1 Bath
1,298 Sq Ft
$596/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $487,500 $376 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,686/month

Highlights

  • 150 Feet of Waterfront
  • Boating
  • Fishing
  • Chestatee Elementary School Rated A-
  • Deep Water Access
  • Lake View

About This Home

As of June 2020

Great deep water property with dock/lift/top party sundeck. 1/2 acre allows for easy, casual 'lake living' lifestyle NOW! Add/improve/rebuild on Quiet Street. Cove off Two Mill Creek/Browns Bridge 5+ miles 400. Nearby homes range up to 11K SqFt with pool. Your imagination is the only limit. Want lake living without 5K SqFt maintenance? Leave the suburbs, discover the lifestyle you've wanted. Or use it now for retreats while you wait for retirement or the kids to move out! Won't find many like this! Close to outlet malls, Smokey Mountains with convenient Atlanta access!

Last Agent to Sell the Property

Tim Lennon

EXP Realty, LLC. License #102246 Listed on: 05/01/2020

EXP Realty, LLC.

Last Buyer's Agent

Steve Archer

NOT A VALID MEMBER License #365038

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,621

Year Built

  • Built in 1961

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 154x200
  • 150 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Sloped Lot

Home Design

  • Bungalow
  • Fixer Upper
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,298 Sq Ft Home
  • 1.5-Story Property
  • Screened Porch
  • Lake Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Boat Hoist or Davit
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10-11
  • Assessor Parcel Number 308 025

Community Details

Overview

  • Bennett Subdivision
  • Community Lake

Recreation

  • Boating
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,621

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Condition: Fixer Upper
  • Year Built: 1961
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Basement: Unfinished
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1298.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Waterfront Frontage: 150
  • Construction Materials: Frame
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Screened
  • Exterior Features: Storage
  • View: Lake

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Lake
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Bennett

Schools

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

Lot Info

  • Acres: 0.6600
  • Lot: 10-11
  • Land/Lot: 10-11
  • Section G M D: A
  • Deed Book: 00
  • Deed Page: 00
  • Plat Book: 00
  • Plat Page: 00
  • Lot Features: Sloped
  • Lot Dimensions: 154x200
  • Parcel Number: 308 025
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4621.00
  • Assessor Parcel Number: 308-000-025
  • Close Date: 2020-06-05
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake

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
May 1, 2020
Closed on
Jun 19, 2020
Sold by
Ldj Grp Llc
Bought by
Adams Scott
Seller's Agent
Tim Lennon
EXP Realty, LLC.
Buyer's Agent
Steve Archer
NOT A VALID MEMBER
List Price
$495,000
Sold Price
$487,500
Premium/Discount to List
-$7,500
-1.52%
Current Estimated Value
$773,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,641
Avg. Annual Appreciation
9.06%
Original Mortgage
$456,000
Outstanding Balance
$404,209
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$368,932

Purchase Details

Closed on
Dec 27, 2007
Sold by
Norman Lydia L C
Bought by
Jamie Norman Lane H and Jamie Norma
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
Adams Scott $487,500 --
Jamie Norman Lane H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Scott $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $487,500 -1.5% $376 / Sq Ft
05/01/2020 05/01/20 For Sale $495,000 -- $381 / 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 $6,845 $280,516 $220,000 $60,516
2024 $6,845 $279,156 $220,000 $59,156
2023 $5,683 $230,876 $176,000 $54,876
2022 $5,365 $195,000 $155,920 $39,080
2021 $5,385 $195,000 $155,920 $39,080
2020 $4,631 $167,700 $130,000 $37,700
2019 $4,621 $167,116 $130,000 $37,116
2018 $4,250 $153,700 $130,000 $23,700
2017 $3,883 $139,924 $117,000 $22,924
2016 $3,883 $139,924 $117,000 $22,924
2015 $3,890 $139,924 $117,000 $22,924
2014 $3,672 $138,716 $117,000 $21,716
Source: Public Records

Agents Affiliated with this Home

  • Tim Lennon

    Seller's Agent in 2020

    Tim Lennon

    EXP Realty, LLC.

    (404) 368-2607

    1 in this area

    14 Total Sales

    Tim Lennon
    Section Image

  • S

    Buyer's Agent in 2020

    Steve Archer

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6717267

First Multiple Listing Service (FMLS)

APN: 308-025

Georgia Forsyth County Gainesville 30506 Lake Lanier

8270 Bennett Ln, Gainesville, GA

This home is located at 8270 Bennett Ln, Gainesville, GA 30506 since 01 May 2020 and is currently estimated at $773,141, approximately $595 per square foot. This property was built in 1961. 8270 Bennett Ln is a home located in Forsyth County with nearby schools including Chestatee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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