tomo logo

$565,500

Beds
5
Baths
3.0
sq ft
Unknown

7640 Paces Ln, Gainesville, GA 30506

7640 Paces Ln

Gainesville, GA 30506

  • 60 days on market
    • Price drop $14,400↓
Remarkably Well Kept Traditional Style Home in the Northwalk Development! This home has elegant street appeal with the manicured front lawn, mature landscaping and concrete driveway. This home features 5 bedrooms & 3 Full Bathrooms with a 2 car garage!! The main floor features a welcoming foyer, formal dining room, spacious living room focused around a stacked stone fire place with gas logs, from here you can access the cozy rear deck overlooking the well manicured and open backyard with fire pit area. Step back inside to the large kitchen with granite countertops, stainless steel appliances, and a breakfast nook. The main floor primary bedroom features a beautiful tray ceiling and large windows for natural lighting. Step into the primary bathroom featuring a jetted tub, separate shower, dual vanities and a spacious walk in closet. Upstairs features three large bedrooms and a full bathroom. The unfinished terrace level is stubbed for a bath and rooms are framed out for easy finishing in the future. The exterior of the home offers an extra parking space, a fenced back yard and blueberry bushes along the side yard. The Northwalk Development offers a community pool and tennis courts! All of this conveniently located near Lake Lanier, Golfing and Forsyth County Parks!

Details

Property type

Single Family Residence

Est. home value

$497,988

Lot size

0.95 acres

Price per sq ft

Unknown

Year built

2000

Monthly HOA fee

$70.5

Price History

03/13/2025
NortheastGA

NortheastGA #412884

Price change
$565,500
-2.48%
02/01/2025
NortheastGA

NortheastGA #412884

Listed
$579,900
+84.1%
07/23/2020
FMLS

FMLS #6734280

Sold
$315,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Tennis Court(s)

High school district: 

Forsyth County

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

Mygeorgia Credit Union

Loan start date

August 2022

Original loan amount

$50,000

Est. remaining balance

$43,580

Interest rate

4.45%

Loan type

New Conventional, 15 year

Seller

Joshua D Morton and Kayce L Morton

Lender

Pennymac Loan Services

Loan start date

June 2021

Original loan amount

$307,834

Est. remaining balance

$282,272

Interest rate

3.04%

Loan type

FHA, 30 year

Seller

Joshua Douglas Morton and Kayce Lauren Morton

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?

Similar Homes Nearby

Price drop
FMLS
$585,000
5 bd
|
3 ba
|
House

3770 Falling Leaf Ln, Cumming, GA 30041

Price drop
FMLS
$569,000
5 bd
|
3 ba
|
House

6280 Stillwood Ln, Cumming, GA 30041

FMLS
$575,000
5 bd
|
3 ba
|
House

6235 Stillwood Ln, Cumming, GA 30041

Status: Active

Tomo last checked: 04/03/2025 at 4:55 AM

Listing updated: 03/21/2025 at 9:19 AM

Listed by: The Lloyd Team, North Peaks Realty Phone #: (706) 465-5253

MLS: NortheastGA #412884

NortheastGA logo

Recently listed in Gainesville