Sold Price cut: $79,000 (5/12)
$650,000
3 beds · 2 baths · 1,872 sqft
6530 MEDLOCK Road, Gainesville, GA 30506
Overpriced
Priced about $211,446 (48%) above comparable homes. Estimated market value $438,554, based on 9 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Charming Lakefront Retreat at 6530 Medlock Road – A Rare Find on Lake Lanier
Escape to your own lakeside haven with this immaculate lakefront home, perfectly nestled in a serene mountain setting. Located at 6530 Medlock Road, this beautifully maintained property offers stunning views of Lake Lanier and a layout ideal for multigenerational living or hosting friends and family…
PoolBasementNo HOAWaterfront
Listing remarks courtesy of Heartland Real Estate, LLC · Sold by Keller Williams Realty Community Partners.
· FMLS #7534910$4,444/mo est.
with $65,000 down · $650,000 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
2
Baths
1,872
Sqft
2000
Built
0.46 ac
Lot
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,075/morange $2,850 – $3,3005.7% gross yield
Based on 5 similar rentals within a mile (2 recently leased).
3 bd · 3 ba · 1,740 sqft · 0.5 mi away$1,995/mo3 bd · 3 ba · 1,653 sqft · 0.6 mi away$2,300/mo3 bd · 3 ba · 1,653 sqft · 0.6 mi away$2,300/mo4 bd · 3 ba · 2,314 sqft · 0 mi away · leased$4,200/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,634/mo
Principal & interest$3,794
Property taxes$650
Home insurance$190
Down payment$65,000 (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
Estimated value
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Schools
ChestateeElementary
Little MillMiddle
East ForsythHigh
Location
44 for sale 7 pending 12 sold
Listed by
Heartland Real Estate, LLC · Sold by Keller Williams Realty Community Partners
Source: FMLS · #7534910
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