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$499,900

Beds
3
Baths
2.0
sq ft
1,657

3107 Lotheridge Rd, Gainesville, GA 30501

3107 Lotheridge Rd

Gainesville, GA 30501

  • 2 days on market
How often do you get 2 for the price of 1? That's exactly what you get at 3107 Lotheridge Rd! This unique mini-farm in North Hall County sits on a beautiful 5.93 partially wooded acres zoned AR3 and has 2 residences on the property. Makes a great compound or live in one and rent out the other. Main house is a 1657 sq ft ranch with 3BR 2BA and office/flex space. Updated eat-in kitchen has quartz countertops and lots of cabinet space. Adorable 875 sq ft permitted guest house was built on the property in 2019 and is a 1BR/1.5BA A-frame with loft, island kitchen, and additional storage space. Bedroom is on main so would be a great in-law house. Could also be a short-term rental with proper county licensing. Guest house currently has a tenant until 9/25 at $1400/mo. The acreage has a 3-stall horse barn and 2 chicken coops. There is a gravel horse/ATV trail down to a level recreation area along the creek at the rear of the property. New owner can enjoy blueberry and raspberry bushes, pecan, apple, and pear trees for the true homestead experience! This property has easy access to GA I-985, Lake Lanier, north GA mountains, shopping and schools. Priced below recent appraisal for quick sale. What are you waiting for? Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$381,904

Lot size

5.93 acres

Price per sq ft

$302

Year built

1960

Annual property taxes

$5,054

HOA

No

Price History

12/30/2024
FMLS

FMLS #7501928

Listed
$499,900
-4.78%
09/09/2024
FMLS

FMLS #7390485

Removed
$525,000
09/09/2024
FMLS

FMLS #7390485

Listed
$525,000

Schools & Community

Elementary school: 

White Sulphur

Middle school: 

East Hall

High school: 

East Hall

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fairway Independent Mortgage

Loan start date

February 2022

Original loan amount

$324,000

Est. remaining balance

$304,450

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Ryan Kinev and Megan Kinev

Lender

Fairway Independent Mortgage

Loan start date

February 2022

Original loan amount

$324,000

Est. remaining balance

$304,450

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Ryan Kinev and Megan Kinev

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/02/2025 at 10:00 AM

Listing updated: 12/31/2024 at 8:10 AM

Listed by: Julie Tressler, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7501928

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