NOT LISTED FOR SALE

Estimated Value: $243,000 - $316,000

2 Beds
2 Baths
936 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $220,000 $235 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,612/month

144 Days on Market

Highlights

  • View of Trees or Woods
  • Ranch Style House
  • Ceiling height of 9 feet on the main level
  • Chestatee Elementary School Rated A-
  • Open to Family Room
  • Front Porch

About This Home

As of March 2023

Charming Bungalow home now on the market! Gainesville address but in the awesome Forsyth County School District and the NEW East Forsyth High School. NO HOA! Potential income producing property, first time Buyers or retirees, this home is it! Currently GREAT rental property with a long standing rental history! An inviting front porch welcomes you into this easy to maintain 2 Bedroom/2 Bath single level home. The open floor plan has a beautiful brick Fireplace, eat-in Kitchen with breakfast Bar, lots of counter space, large Pantry, and immediate access to the back porch making outside entertaining simple and easy. The cozy Master accommodates a Master Bath and oversized closet. Spacious secondary Bedroom, secondary Bath, and Laundry Closet complete this adorable home! The peaceful and quiet Backyard backs up to hardwoods and a perfect view from the back porch while enjoying a good book or watching the kids play! To live in or as an investment property this cozy home is ideal. In today's market this won't last long so be sure to add it to your "must see" list!

Last Agent to Sell the Property

John Cook

Keller Williams Realty Community Partners License #263822 Listed on: 09/19/2022

Keller Williams Realty Community Partners

Last Buyer's Agent

Taylor Hosemann

Century 21 Results License #405196

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 2000

Lot Details

  • 6,970 Sq Ft Lot
  • Private Entrance
  • Back Yard

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • Rear Stairs
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Family Room with Fireplace
  • Views of Woods
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Septic Tank
  • Cable TV Available

Community Details

  • Sourwood Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 308 253

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,595

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 14-1 1160 LT 68 SOURWOOD
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Ranch
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Disappearing Attic Stairs, High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 936.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch, Rear Porch
  • Exterior Features: Private Front Entry, Private Rear Entry, Rear Stairs
  • View: Trees/Woods
  • Foundation: Slab

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Common Area, Main Level
  • Utilities: Cable Available, Electricity Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Sourwood

Schools

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

Lot Info

  • Acres: 0.1600
  • Lot: 68
  • Land/Lot: 1160
  • Section G M D: 1
  • Deed Book: 4279
  • Deed Page: 603
  • Plat Book: 2
  • Plat Page: 60
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 308 253
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1595.00
  • Assessor Parcel Number: 308-000-253
  • Close Date: 2023-03-03
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Mar 3, 2023
Sold by
Palmer Brian D
Bought by
Allen Kim
Seller's Agent
John Cook
Keller Williams Realty Community Partners
Buyer's Agent
Taylor Hosemann
Century 21 Results
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Current Estimated Value
$269,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,110
Avg. Annual Appreciation
8.06%
Original Mortgage
$176,000
Outstanding Balance
$170,494
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$98,616

Purchase Details

Closed on
May 10, 2006
Sold by
Chatham Christopher and Chatham Sydney
Bought by
Palmer Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2001
Sold by
Ray Christopher
Bought by
Ray Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
7.11%
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
Allen Kim $220,000 --
Palmer Brian D $103,600 --
Ray Christopher -- --
Ray Christopher $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Kim $176,000
Previous Owner Palmer Brian D $93,200
Previous Owner Ray Christopher $71,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $220,000 0.0% $235 / Sq Ft
01/31/2023 01/31/23 Off Market $220,000 -- --
09/19/2022 09/19/22 For Sale $235,000 -- $251 / 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 $2,158 $97,828 $36,000 $61,828
2024 $2,158 $88,000 $31,760 $56,240
2023 $2,187 $88,844 $26,000 $62,844
2022 $2,066 $57,768 $18,000 $39,768
2021 $1,595 $57,768 $18,000 $39,768
2020 $1,536 $55,620 $18,000 $37,620
2019 $1,531 $55,356 $18,000 $37,356
2018 $1,103 $39,888 $12,000 $27,888
2017 $942 $33,924 $8,000 $25,924
2016 $942 $33,924 $8,000 $25,924
2015 $943 $33,924 $8,000 $25,924
2014 $841 $31,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7116817

First Multiple Listing Service (FMLS)

APN: 308-253