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$975,000

Beds
3
Baths
2.0
sq ft
Unknown

7430 Wits End Dr, Gainesville, GA 30506

7430 Wits End Dr

Gainesville, GA 30506

  • 39 days on market
Rare 15-Acre Property in Forsyth County - A Hidden Gem!    Discover the perfect blend of natural beauty and modern convenience with this unique 15-acre property. Whether you're a developer, a family looking for a retreat, or an investor with a creative vision, this versatile property offers endless potential.    Property Highlights:  Land:    8 level acres, including 7 buildable acres.  4 creek-bed acres and 4 ridge-top acres with stunning views.  Features trails, creeks, and space for gardens or communal areas.  Existing water features, including a pond and sculptures, offer restoration potential.  Home:    Modified ranch-style with a full covered front porch.  High ceilings and multiple porches enhance the living space.  Chef's kitchen with premium features.  Expansive owner's suite with sitting room, luxurious bathroom, dual vanities, and a walk-in tiled shower.  Split-bedroom layout includes two additional bedrooms and a secondary bathroom with a soaking tub.  Recent upgrades: new roof, windows, HVAC, plumbing, and electrical systems.  Amenities:    16' x 16' workshop with electric wiring.  Fenced area and an outdoor shower.  Utilities: high-speed internet, a well, and a septic system.  Development Potential:  Previously planned for six homes under conservation zoning (modifiable).  Flexible use for building a family compound, farming, or higher-density housing.  Infrastructure includes electric poles and roads for future development.  Why Choose This Property?  This secluded oasis offers privacy, stunning natural features, and the flexibility to create your dream project. Whether you're drawn to its potential as a private retreat, a community development, or an investment opportunity, the possibilities are endless.    Schedule a visit today to experience this remarkable property firsthand!

Details

Property type

Single Family Residence

Est. home value

$615,607

Lot size

15.00 acres

Price per sq ft

Unknown

Year built

1988

Annual property taxes

$678

HOA

No

Price History

12/16/2024
FMLS

FMLS #7497376

Listed
$975,000
+680%
03/28/2016
FMLS

FMLS #5543787

Sold
$125,000
+98.73%
02/12/2010
FMLS

FMLS #4011463

Sold
$62,900
-30.11%

Schools & Community

Elementary school: 

Chestatee

Middle school: 

Little Mill

High school: 

East Forsyth

Community features: 

None

Negotiation Insights

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

Seller could get up to

$836,621
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$60,379
Cash to seller
$836,621

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Peach State Bank & Trust

Loan start date

February 2018

Original loan amount

$175,000

Est. remaining balance

$60,379

Interest rate

3.38%

Loan type

New Conventional, 10 year

Seller

Tina Trent and Menair Paul Trent

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?

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Status: Active

Tomo last checked: 01/22/2025 at 1:20 PM

Listing updated: 01/08/2025 at 4:06 PM

Listed by: Megan Thoroman, Coldwell Banker Realty Phone #: (770) 889-3051

MLS: FMLS #7497376

FMLS logo

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