Sold Price cut: $125,100 (11/13)
$624,900
5 beds · 4 baths · 4,102 sqft
4486 Old Magnolia Court, Gainesville, GA 30506
Great deal
Priced about $214,479 (26%) below comparable homes. Estimated market value $839,379, based on 8 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Located in the well established and sought after Cherokee Forrest Lake Lanier neighborhood just north of Gainesville, this custom-built, four-sides brick home offers timeless quality and comfortable everyday living. Enjoy community amenities including a pool and tennis courts, all while coming home to a quiet cul-de-sac lot with a lush, landscaped front yard. Step inside…
PoolBasementGarageCul-de-sac
Listing remarks courtesy of The Norton Agency · Sold by The Norton Agency.
· FMLS #7570730$4,273/mo est.
with $62,490 down · $624,900 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
4
Baths
4,102
Sqft
1998
Built
0.86 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,550/morange $3,300 – $3,8006.8% gross yield
Based on 4 similar rentals within 5 mi (2 recently leased).
5 bd · 3 ba · 2,891 sqft · 1.5 mi away$2,600/mo5 bd · 5 ba · 4.3 mi away · leased$5,800/mo5 bd · 3 ba · 2,762 sqft · 4.5 mi away$2,900/mo4 bd · 3 ba · 3,294 sqft · 4.6 mi away · leased$2,450/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,512/mo
Principal & interest$3,648
Property taxes$625
Home insurance$182
HOA$57
Down payment$62,490 (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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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Mount VernonElementary
North HallMiddle
North HallHigh
Location
21 for sale 3 pending 12 sold
Listed by
The Norton Agency · Sold by The Norton Agency
Source: FMLS · #7570730
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
