Sold
$1,649,000
5 beds · 5 baths · 6,070 sqft
2935 THOMPSON MILL Road, Gainesville, GA 30506
Overpriced
Priced about $396,642 (32%) above comparable homes. Estimated market value $1,252,358, based on 85 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Exquisite Lakefront Retreat with Investment Potential! Discover the charm & opportunity of this luxury lake house, a rare find in today's market. Nestled on a prime waterfront lot, this home offers breathtaking lake views, spacious interiors, and unmatched potential to become a premier lakeside escape. While some renovations are needed to restore it to its full grandeur, its…
· FMLS #7594552$11,275/mo est.
with $164,900 down · $1,649,000 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
5
Beds
5
Baths
6,070
Sqft
1988
Built
3 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,275/morange $3,975 – $4,5753.1% gross yield
Based on 7 similar rentals within 5 mi (2 recently leased).
5 bd · 5 ba · 0.6 mi away · leased$5,800/mo5 bd · 4 ba · 2.8 mi away$4,200/mo4 bd · 3 ba · 2.2 mi away$5,900/mo3 bd · 2 ba · 2.5 mi away$1,895/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$11,756/mo
Principal & interest$9,626
Property taxes$1,649
Home insurance$481
Down payment$164,900 (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 valueListed for salePending
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Schools
Sandra Dunagan DealElementary
North HallMiddle
North HallHigh
Location
34 for sale 3 pending 12 sold
Listed by
Bella Realty Group, Inc. · Sold by Century 21 Results
Source: FMLS · #7594552
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