Sold Price cut: $34,900 (3/29)
$365,000
3 beds · 1,200 sqft
6570 Medlock Road, Gainesville, GA 30506
Overpriced
Priced about $73,636 (25%) above comparable homes. Estimated market value $291,364, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Below Appraisal! Point Lot w/ Year Round Deepwater at this Entry Level Price! Updated Cottage with Granite C-tops, Slate Tile Flooring, and Open Living Area. The back deck is a massive outdoor "Family Room" that overlooks the Lake, and the S.S.Dock w/ Party Deck & Jet Ski lift. Two separate outdoor fire-pits to enjoy. 400+ ft of shoreline in a quiet year round deep-water cove. Just a simple walk from the cottage to the waters edge.
PoolBasementNo HOARenovated
Listing remarks courtesy of Virtual Properties Realty.Com · Sold by RE/MAX Center.
· FMLS #6125490$2,496/mo est.
with $36,500 down · $365,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
3
Beds
1,200
Sqft
1964
Built
0.63 ac
Lot
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,900/morange $1,775 – $2,0256.2% gross yield
Based on 8 similar rentals within a mile (2 recently leased).
Home facts
Payment calculator
$2,602/mo
Principal & interest$2,131
Property taxes$365
Home insurance$106
Down payment$36,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Schools
ChestateeElementary
Little MillMiddle
North ForsythHigh
Location
44 for sale 7 pending 12 sold
Listed by
Virtual Properties Realty.Com · Sold by RE/MAX Center
Source: FMLS · #6125490
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