tomo logo

$799,900

Beds
3
Baths
2.0
sq ft
1,724

8525 Lake Hollow Dr, Gainesville, GA 30506

8525 Lake Hollow Dr

Gainesville, GA 30506

  • 173 days on market
    • Price drop $25,100↓
PRICE IMPROVEMENT - REDUCED - $25,100 - SELLER WILL CONSIDER ALL REASONABLE OFFERS l !! LAKE LANIER WALK TO WATER GENTLE SLOPE LOT.- LIFE IS BETTER AT THE LAKE !!!! Updated w/new kitchen and appliances! Quiet cove with gentle slope to shoreline and covered boat dock with party deck. kitchen has been totally renovated and updated with all new appliances, brushed nickel pulls abd hinges, cabinets with soft close drawers and granite countertops.. New French doors in Family room opening to deck with recessed pool and Picture window in kitchen to look at the peaceful lake view. The Living room and kitchen open with double doors onto the spacious deck w/recessed pool for all your family and friends gatherings. The Great Room includes a floor to ceiling stone fireplace for the cool nights and vaulted ceiling with exposed beams. The tongue and groove ceiling is not to be missed with the new 72' ceiling fan. From the great room ascend the open stairway to the primary bedroom with new enlarged bath complete with tile upgraded shower w/ glass doors. The primary bedroom boasts a private screen porch to enjoy a beautiful view of the lake. The 2 secondary bedrooms are on the main level and have new paint and flooring and share a new bath with tile shower and glass doors. Come make this your little piece of paradise and call LAKE LANIER home OR home away from home for times when you just want to get away. Bring the boat and enjoy the dock with party deck. This lot with easy walk, short distance to shoreline and dock comes along only once a while and with added convenience of Forsyth County makes it a great opportunity for new owners. Make this youir home or your home away from home. . . .you won't be dissapointed. come on over and see for yourself before someone else makes it their new home. House currently on well system but and connect County water service available on street.

Details

Property type

Single Family Residence

Est. home value

$868,501

Lot size

0.50 acres

Price per sq ft

$464

Year built

1970

Annual property taxes

$5,063

Price History

08/04/2024
FMLS

FMLS #7369062

Price change
$799,900
-3.04%
07/06/2024
FMLS

FMLS #7369062

Price change
$825,000
-2.94%
05/28/2024
FMLS

FMLS #7369062

Price change
$850,000
-1.72%

Schools & Community

Elementary school: 

Chestatee

Middle school: 

Little Mill

High school: 

East Forsyth

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

Groundfloor Real Estate 1

Loan start date

September 2022

Original loan amount

$536,220

Est. remaining balance

Not provided

Interest rate

5.22%

Loan type

Commercial, 1 year

Seller

Auspicious Properties Llc

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: 10/04/2024 at 10:40 PM

Listing updated: 08/04/2024 at 12:15 PM

Listed by: Maggie Frazier, Around Atlanta Realty Phone #: (404) 845-3070

MLS: FMLS #7369062

FMLS logo

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