NOT LISTED FOR SALE

8385 Lynn Dr Gainesville, GA 30506

Estimated Value: $932,000 - $1,078,216

4 Beds
5 Baths
3,840 Sq Ft
$265/Sq Ft Est. Value

Sale Details

Date Sold: February 6, 2013

Last sale price $356,000 $93 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $5,491 / mo

143 Days on Market

Highlights

  • 99 Feet of Waterfront
  • Covered dock with two slips
  • Fishing
  • Chestatee Elementary School Rated A
  • Second Kitchen
  • Sitting Area In Primary Bedroom

About This Home

As of February 2013

Great views, just a few steps to the water, double slip dock. Warm, charming, inviting, and priced to sell quickly. Great Forsyth County location close to GA 400. Features include gorgeous hardwood floors some with beautiful custom inlays, three levels of decks overlooking the lake, open floor plan, tons of storage, 2nd kitchen on terrace level, professional landscaping, granite counters, update light fixtures, and so much more. Note that original structure was built in the 60s but has been rebuilt.

Last Agent to Sell the Property

BEVERLY KNIGHT

NOT A VALID MEMBER License #324127 Listed on: 07/16/2012

Last Buyer's Agent

Claude Carpenter

NOT A VALID MEMBER License #284454

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,485

Year Built

  • Built in 1990

Lot Details

  • 99 Feet of Waterfront
  • Lake Front
  • Landscaped

Parking

  • Driveway

Home Design

  • Cottage
  • Frame Construction
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet on the main level
  • Entrance Foyer
  • Great Room
  • Family Room
  • Wood Flooring
  • Lake Views
  • Laundry on main level

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Covered dock with two slips
  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 8385LynnDR

Community Details

Overview

  • Clay Bennett Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,485

Year Built

Built in 1990

Lot Details

0.77 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 1990
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Second Kitchen, Breakfast Bar, Cabinets Stain, Solid Surface Counters, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Square Footage: 3840.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Sitting Room
  • Lower Bedrooms: 2
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Waterfront Frontage: 99
  • Construction Materials: Frame, Shingle Siding
  • Roof Type: Metal
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Front Porch
  • View: Lake

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Laundry Features: Main Level

Condo/Co-op/Association

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

Lot Info

  • Lot: 1
  • Lot Features: Landscaped
  • Lot Dimensions: 0.77 Acres
  • Parcel Number: 8385LynnDR
  • Property Attached Yn: No

Tax Info

  • Taxes: 4485.00
  • Tax Year: 2010

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: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Feb 6, 2013
Sold by
Lundstrum Clifford G
Bought by
Lundstrum Clifford G and Lundstrum Mary Day
Seller's Agent
BEVERLY KNIGHT
NOT A VALID MEMBER
Buyer's Agent
Claude Carpenter
NOT A VALID MEMBER
List Price
$399,000
Sold Price
$356,000
Premium/Discount to List
-$43,000
-10.78%
Current Estimated Value
$1,017,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,054
Avg. Annual Appreciation
8.28%
Original Mortgage
$284,800
Outstanding Balance
$199,275
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$817,779

Purchase Details

Closed on
Oct 24, 2012
Sold by
Southeastern Anchor Grp In
Bought by
Six Mile Partners Llc

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jun 1, 2012
Sold by
Bank Of America Na
Bought by
Southeastern Anchor Grp Inc
Seller's Agent
Becky Fauscett
Keller Williams Lanier Partners
Buyer's Agent
Dani Burns
Keller Williams Lanier Partners
List Price
$280,000
Sold Price
$200,000
Premium/Discount to List
-$80,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Stokes Nelson
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 19, 2002
Sold by
Hammond A Bettina
Bought by
Stokes Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,120
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2001
Sold by
Garcia Oswald
Bought by
Hammond A Bettina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1995
Sold by
Penzone Thomas M
Bought by
Garcia Oswald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lundstrum Clifford G -- --
Lundstrum Clifford G $356,000 --
Six Mile Partners Llc -- --
Southeastern Anchor Grp Inc $200,000 --
Bank Of America Na $505,301 --
Stokes Nelson $155,000 --
Hammond A Bettina $132,500 --
Garcia Oswald $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundstrum Clifford G $284,800
Closed Lundstrum Clifford G $45,600
Closed Lundstrum Clifford G $284,800
Previous Owner Stokes Nelson $149,120
Previous Owner Hammond A Bettina $132,500
Closed Garcia Oswald $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2013 02/06/13 Sold $356,000 -10.8% $93 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $399,000 +99.5% $104 / Sq Ft
06/01/2012 06/01/12 Sold $200,000 -28.6% $52 / Sq Ft View Prior Sale
04/17/2012 04/17/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $280,000 -- $73 / 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 $1,189 $368,124 $160,000 $208,124
2024 $1,189 $360,864 $160,000 $200,864
2023 $1,110 $330,336 $120,000 $210,336
Source: Public Records

Agents Affiliated with this Home

  • BEVERLY KNIGHT

    Seller's Agent in 2013

    BEVERLY KNIGHT

    NOT A VALID MEMBER

    (678) 860-0990

    63 in this area

    89 Total Sales

    BEVERLY KNIGHT
    Section Image

  • B

    Seller's Agent in 2012

    Becky Fauscett

    Keller Williams Lanier Partners

    1 Total Sale

    Becky Fauscett
    Section Image
  • Dani Burns

    Buyer's Agent in 2012

    Dani Burns

    Keller Williams Lanier Partners

    (706) 455-3076

    67 in this area

    136 Total Sales

    Dani Burns
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5043658

First Multiple Listing Service (FMLS)

APN: 307-147

Georgia Forsyth County Gainesville 30506

8385 Lynn Dr, Gainesville, GA

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