Sold Price cut: $75,000 (9/2)
$920,000
3 beds · 5 baths · 6,592 sqft
5265 Madge Lane, Gainesville, GA 30506
Great deal
Priced about $463,897 (34%) below comparable homes. Estimated market value $1,383,897, based on 14 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Exceptional 3-bedroom, 3.5-bath home on 8.078 +/- acres, zoned Vacation Cottage (V-C), offering approximately 4,500 +/- sq ft of heated living space plus a full unfinished basement stubbed for additional baths, kitchen, and wood-burning stove. Built in 2019 with ICF concrete construction to the roofline, this property boasts stunning Lake Lanier views, 775' of Wahoo Creek…
Master on mainPoolBasementGarageNo HOA
Listing remarks courtesy of Chris McCall Realty, LLC · Sold by Keller Williams Realty Atlanta Partners.
· FMLS #7613224770-297-6800
$6,290/mo est.
with $92,000 down · $920,000 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
5
Baths
6,592
Sqft
2017
Built
8.1 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$7,725/morange $7,175 – $8,27510.1% gross yield
Based on 12 similar rentals within 5 mi (5 recently leased).
Home facts
Payment calculator
$6,558/mo
Principal & interest$5,370
Property taxes$920
Home insurance$268
Down payment$92,000 (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 valueListed for sale
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Schools
Mount VernonElementary
North HallMiddle
North HallHigh
Location
5 for sale 2 pending 12 sold
Listed by
Chris McCall Realty, LLC · Sold by Keller Williams Realty Atlanta Partners
Source: FMLS · #7613224
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