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$495,000

Beds
3
Baths
2.5
sq ft
2,390

7870 Gracen Dr, Gainesville, GA 30506

7870 Gracen Dr

Gainesville, GA 30506

  • 22 days on market
    • Price drop $20,000↓
Almost new! This 2 story home on large level lot is located in sought after McKinley Crossing. Main level boasts foyer, hard surface floors, formal dining room with tray ceilings, open concept with family room including gas fireplace, board and batten accents, kitchen with granite countertops, island, stainless steel appliances, gas cooktop, upgraded light and accents, and eat-in breakfast room. Inviting decor and many wood element additions to bring this home to life. Large upstairs loft. Upper level includes an Oversized Master Bedroom with 2 large walk in closets, double vanities, separate tub and stand-up shower, and private toilet room. Generous secondary bedrooms with full shared bath. HOA covers ground maintenance. Lake Lanier 1 mile away and centered right in between Gainesville, Cumming, and Dawsonville.

Details

Property type

Single Family Residence

Est. home value

$447,022

Lot size

0.53 acres

Price per sq ft

$208

Year built

2018

Annual property taxes

$2,938

HOA

Yes

Price History

07/07/2024
FMLS

FMLS #7406172

Price change
$495,000
-3.88%
06/18/2024
FMLS

FMLS #7406172

Listed
$515,000
+86.66%
03/11/2019
FMLS

FMLS #6025659

Sold
$275,900

Schools & Community

Elementary school: 

Chestatee

Middle school: 

Little Mill

High school: 

East Forsyth

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

$169,395
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$286,005
Cash to seller
$169,395

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

Seller’s Loan History

Lender

Freedom Mortgage

Loan start date

April 2022

Original loan amount

$298,127

Est. remaining balance

$286,005

Interest rate

3.76%

Loan type

FHA, 30 year

Seller

Megan Marie Carpenter

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: 07/09/2024 at 10:50 PM

Listing updated: 07/07/2024 at 10:28 PM

Listed by: Nichole Lawson, Virtual Properties Realty. Biz Phone #: (770) 495-5050

MLS: FMLS #7406172

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