Sold Price cut: $15,000 (8/20)
$924,000
5 beds · 5 baths · 3,789 sqft
8240 Scarlett Grace Lane, Gainesville, GA 30506
Overpriced
Priced about $148,669 (19%) above comparable homes. Estimated market value $775,331, based on 8 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
From the 2024 Community of the Year award winning builder, David Patterson Homes, Scarlett Grace offers 2-3 acre estate lots with plenty of space between homes. No HOA, country living in Forsyth County!! Lot 2, THE GRACE PLAN, with A elevation located in Scarlett Grace, a small neighborhood, presented by David Patterson Homes (4 homes on the street, on lots that are…
PoolBasementGarageNo HOAOpen floor plan
Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by McKay & Associates Realty-Georgia, LLC.
· FMLS #7618321678-352-3314
$6,318/mo est.
with $92,400 down · $924,000 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
3,789
Sqft
2025
Built
3 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,975/morange $3,700 – $4,2505.2% gross yield
Based on 9 similar rentals within 5 mi (3 recently leased).
5 bd · 4 ba · 3,451 sqft · 0.5 mi away$3,200/mo4 bd · 4 ba · 3,073 sqft · 2 mi away$4,000/mo5 bd · 4 ba · 3,793 sqft · 3.2 mi away$3,600/mo5 bd · 4 ba · 3,500 sqft · 3.1 mi away$3,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$6,588/mo
Principal & interest$5,394
Property taxes$924
Home insurance$270
Down payment$92,400 (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
ChestateeElementary
Little MillMiddle
East ForsythHigh
Location
37 for sale 4 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by McKay & Associates Realty-Georgia, LLC
Source: FMLS · #7618321
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