Sold
$400,000
5 beds · 3,171 sqft
1227 Lakestone Court, Gainesville, GA 30501
Great deal
Priced about $248,871 (38%) below comparable homes. Estimated market value $648,871, based on 10 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
173' of Lanier waterfront property at unbeatable price! Rare find in GREAT LOCATION in N. Hall Schools on a very private setting w/neighborhood home values +/-$450k in a single street neighborhood. Main level incl 3 bdrms, 2.5 baths, kitchen, separate din rm & family rm w/main living area. Walk-out Terrace level includes 2 add'l bdrms, 1 bath, rec rm, bonus/office & large…
PoolBasementGarageNo HOARenovatedWaterfront
Listing remarks courtesy of Keller Williams Lanier Partners · Sold by The Norton Agency.
· FMLS #5926862$2,735/mo est.
with $40,000 down · $400,000 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
3,171
Sqft
1990
Built
0.72 ac
Lot
2-car
Garage
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,275/morange $3,975 – $4,57512.8% gross yield
Based on 4 similar rentals within 2 mi (2 recently leased).
5 bd · 5 ba · 1.8 mi away · leased$5,800/mo3 bd · 2 ba · 1.5 mi away · leased$1,895/mo3 bd · 2 ba · 1.6 mi away$2,000/mo3 bd · 2 ba · 1.7 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
$2,852/mo
Principal & interest$2,335
Property taxes$400
Home insurance$117
Down payment$40,000 (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
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Schools
RiverbendElementary
North HallMiddle
North HallHigh
Location
25 for sale 3 pending 12 sold
Listed by
Keller Williams Lanier Partners · Sold by The Norton Agency
Source: FMLS · #5926862
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