Sold Price cut: $5,500 (10/30)
$62,000
2 beds · 696 sqft
6615 Johnson Circle, Flowery Branch, GA 30542
Great deal
Priced about $118,769 (66%) below comparable homes. Estimated market value $180,769, based on 26 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This one is a 'fixer upper' but in good location near Lake Lanier. The potential for income is good with some labor and money put into the property. This 2 bedroom, 1 bath cabin is near the University Yacht Club and the Burton Mill Park and Beach. Come take a look and see the potential for yourself. A little hard to find on Google Maps so look for a private drive .20 miles on the right after turning on Johnson Circle.
PoolBasementNo HOA
Listing remarks courtesy of REMAX LEGENDS · Sold by RE/MAX TOWNE SQUARE.
· FMLS #5177271$424/mo est.
with $6,200 down · $62,000 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
2
Beds
696
Sqft
1960
Built
1
Fireplaces
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,175/morange $1,100 – $1,25022.7% gross yield
Based on 3 similar rentals within 2 mi (2 recently leased).
3 bd · 2 ba · 1.2 mi away · leased$3,500/mo1 bd · 2 ba · 960 sqft · 1.4 mi away · leased$1,500/mo3 bd · 2 ba · 1,154 sqft · 1.4 mi away$2,200/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$442/mo
Principal & interest$362
Property taxes$62
Home insurance$18
Down payment$6,200 (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
Flowery BranchElementary
West HallMiddle
West HallHigh
Location
29 for sale 10 pending 12 sold
Listed by
REMAX LEGENDS · Sold by RE/MAX TOWNE SQUARE
Source: FMLS · #5177271
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