NOT LISTED FOR SALE

8480 Mcbride Ln Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $337,000 - $449,000

3 Beds
2 Baths
1,580 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $140,000 $89 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,346/month

Highlights

  • 1.49 Acre Lot
  • Deck
  • Country Style Home
  • Chestatee Elementary School Rated A-
  • Family Room with Fireplace
  • Eat-In Kitchen

About This Home

As of May 2016

Great home in Gainesville on almost 1.5 acres! This wonderful home features a family room with fireplace, spacious master suite, spacious secondary bedrooms with hallway bath, eat-in kitchen with plenty of cabinet space and a beautiful extended deck on the rear of the property. The basement is unfinished and ready for your projects or to extend your living area. HUD owned property. FHA Insurable with Escrow.

Last Agent to Sell the Property

Greg Martin

ERA Sunrise Realty License #205561 Listed on: 03/17/2016

Last Buyer's Agent

Gary LaClair

Atlanta Communities License #272414

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1992

Lot Details

  • 1.49 Acre Lot
  • Sloped Lot

Parking

  • 2 Car Garage

Home Design

  • Country Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Carpet
  • Unfinished Basement
  • Natural lighting in basement
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Tile Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 319 184

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,560

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Country
  • Property Condition: Resale
  • Year Built: 1992
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Daylight, Unfinished
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Tile Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1580.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: No Recorded Subdivision

Schools

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

Lot Info

  • Acres: 1.4900
  • Lot Features: Sloped
  • Lot Dimensions: 1.49
  • Parcel Number: 319 184
  • Property Attached Yn: No

Tax Info

  • Taxes: 1560.00
  • Assessor Parcel Number: 319-000-184
  • Close Date: 2016-05-23
  • Tax Year: 2015

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

Closed on
Feb 26, 2018
Sold by
Posada Richard Thomas
Bought by
Posada Richard Thomas and Posada Anna Mei
Current Estimated Value
$389,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,649
Outstanding Balance
$141,063
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$248,881

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 23, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Posada Richard Thomas
Seller's Agent
Greg Martin
ERA Sunrise Realty
Buyer's Agent
Gary LaClair
Atlanta Communities
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$143,451
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Jan 15, 2003
Sold by
Mundy Pamela
Bought by
Mcbride Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.38%
Mortgage Type
New Conventional
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
Posada Richard Thomas $55,940 --
Posada Richard Thomas $140,000 --
Secretary Of Housing And Urban Developme $134,750 --
Wells Fargo Bank Na -- --
Mcbride Donald J $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posada Richard Thomas $165,649
Previous Owner Posada Richard Thomas $143,451
Previous Owner Mcbride Donald J $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2016 05/23/16 Sold $140,000 -6.7% $89 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $150,000 -- $95 / 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 $3,255 $152,980 $62,580 $90,400
2024 $3,255 $132,740 $44,700 $88,040
2023 $3,137 $127,460 $44,700 $82,760
2022 $2,557 $85,980 $26,820 $59,160
2021 $2,374 $85,980 $26,820 $59,160
2020 $2,284 $82,700 $26,820 $55,880
2019 $618 $22,360 $5,640 $16,720
2018 $1,624 $58,740 $14,900 $43,840
2017 $1,553 $55,940 $14,900 $41,040
2016 $1,557 $56,100 $14,900 $41,200
2015 $1,560 $56,100 $14,900 $41,200
2014 $1,393 $52,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Martin

    Seller's Agent in 2016

    Greg Martin

    ERA Sunrise Realty

    (678) 781-7400

    19 Total Sales

    Greg Martin
    Section Image
  • Gary LaClair

    Buyer's Agent in 2016

    Gary LaClair

    Atlanta Communities

    (404) 969-8685

    5 in this area

    48 Total Sales

    Gary LaClair
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5661832

First Multiple Listing Service (FMLS)

APN: 319-184

Georgia Forsyth County Gainesville 30506 Lake Lanier

8480 Mcbride Ln, Gainesville, GA

This home is located at 8480 Mcbride Ln, Gainesville, GA 30506 since 17 March 2016 and is currently estimated at $389,944, approximately $246 per square foot. This property was built in 1992. 8480 Mcbride Ln is a home located in Forsyth County with nearby schools including Chestatee Elementary School and Little Mill Middle School.

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