7 months on rocket

8525 Lake Hollow Dr, Gainesville, GA, 30506

$799,900

Home List Price

$9,499*

Closing Credit

3 Bedrooms
2 Full Baths
1,724 SqFt
$464/SqFt
House

Location

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8525 Lake Hollow Dr, Gainesville$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1970
HeatingElectric
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontLake Front, Waterfront
FireplaceGreat Room, Masonry, Stone
ViewLake, Water
Private PoolYes
MLS #7369062
Lot Size0.50 Acres
StatusActive

About 8525 Lake Hollow Dr

PRICE IMPROVEMENT - REDUCED - $25,100 - SELLER WILL CONSIDER ALL REASONABLE OFFERS l !! LAKE LANIER WALK TO WATER GENTLE SLOPE LOT.- LIFE IS BETTER AT THE LAKE !!!! Updated w/new kitchen and appliances! Quiet cove with gentle slope to shoreline and covered boat dock with party deck. kitchen has been totally renovated and updated with all new appliances, brushed nickel pulls abd hinges, cabinets with soft close drawers and granite countertops.. New French doors in Family room opening to deck with recessed pool and Picture window in kitchen to look at the peaceful lake view. The Living room and kitchen open with double doors onto the spacious deck w/recessed pool for all your family and friends gatherings. The Great Room includes a floor to ceiling stone fireplace for the cool nights and vaulted ceiling with exposed beams. The tongue and groove ceiling is not to be missed with the new 72' ceiling fan. From the great room ascend the open stairway to the primary bedroom with new enlarged bath complete with tile upgraded shower w/ glass doors. The primary bedroom boasts a private screen porch to enjoy a beautiful view of the lake. The 2 secondary bedrooms are on the main level and have new paint and flooring and share a new bath with tile shower and glass doors. Come make this your little piece of paradise and call LAKE LANIER home OR home away from home for times when you just want to get away. Bring the boat and enjoy the dock with party deck. This lot with easy walk, short distance to shoreline and dock comes along only once a while and with added convenience of Forsyth County makes it a great opportunity for new owners. Make this youir home or your home away from home. . . .you won't be dissapointed. come on over and see for yourself before someone else makes it their new home. House currently on well system but and connect County water service available on street.

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame, Cottage
  • Year Built: 1970
  • Living Area: 1,724 SqFt

Listing Office:

  • Office Name: Around Atlanta Realty
  • Office Phone: (404) 845-3070
  • Listing Agent: Maggie Frazier

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Electric Range, ENERGY STAR Qualified Appliances, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Hardwood, Laminate
  • Interior: Cathedral Ceiling(s), Beamed Ceilings
  • Fireplace: Great Room, Masonry, Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front, Waterfront
  • View: Lake, Water
  • Exterior: Private Yard

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Private, Sloped, Wooded
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: GPS Friendly Gainesville address but Forsyth County befoe Hall County off 369

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
  • Price Per SqFt: $464/SqFt

Tax Information:

  • Annual Amount: $738
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gainesville, GA.

Med. Sold Price

$399.9K

Med. Price/SqFt

$201

Avg. Days On Market

54

# of Sold Homes

139

8525 Lake Hollow Dr vs Gainesville

221 DAYS ON ROCKET

+167 Days

$799,900

+$399.9K More

$464/SqFt

+$263 More

KEY TAKEAWAY

This property is $399.9K more than the Median Sold Price and $263/SqFt more than other homes in Gainesville, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7369062

Listing Office:

  • Office Name: Around Atlanta Realty
  • Office Phone: (404) 845-3070
  • Listing Agent: Maggie Frazier

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$738$133,788
2018$738$119,468
2017$743$114,428

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-862846
5
/10
  • Chestatee Elementary School

  • 6945 Keith Bridge Rd

  • 4.11 miles

  • Public District Grades KG-5

school-card-donut-862847
6
/10
  • Chattahoochee Elementary School

  • 2800 Holtzclaw Rd

  • 4.61 miles

  • Public District Grades KG-5

school-card-donut-862848
4
/10
  • Flowery Branch Elementary School

  • 5544 Radford Rd

  • 5.13 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,295. The majority of Gainesville, GA residents have income between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Gainesville, GA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Gainesville, GA?

Gainesville's housing market is diverse, offering a range of options from charming single-family homes to modern apartments and spacious townhouses. The architectural styles vary, with a mix of contemporary, colonial, and ranch-style homes. A significant portion of the housing stock was built during the late 20th century, reflecting a period of growth and development. The homeownership rate in Gainesville is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.

What are the advantages of living in Gainesville, GA?

Gainesville is celebrated for its vibrant community spirit and picturesque surroundings. The city prides itself on its lush parks, recreational areas, and the nearby Lake Lanier, which offers a plethora of outdoor activities. The community comes together to celebrate various local events and festivals throughout the year, which showcase the city's rich cultural heritage and foster a strong sense of belonging among residents.

Are essential services in Gainesville, GA convenient?

The city of Gainesville is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Healthcare services are readily available, with several hospitals and clinics providing a range of medical care, from emergency services to specialized treatments. The public library system is well-established, offering resources and programs for all ages. Retail and dining options are plentiful, reflecting the local culture with a mix of national chains and unique local establishments.

How do Gainesville, GA residents get around?

Transportation in Gainesville includes a variety of options for residents. The city's road network provides easy access to major highways, facilitating travel and commuting. Public transportation services are available, connecting different parts of the city and important locations. The community also features areas with higher walkability, particularly in the downtown district, and there are initiatives to improve bike paths and pedestrian routes. While specific ride-sharing services are operational in the city, their availability may vary depending on the time and area.

Frequently Asked Questions About 8525 Lake Hollow Dr

What is the listing price of this property?

The listing price of 8525 Lake Hollow Dr property is $799,900.

What type of property is this?

The property 8525 Lake Hollow Dr is a house located in Gainesville, Georgia, 30506.

Is this property for sale now?

Active Listing: 8525 Lake Hollow Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $738 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8525 Lake Hollow Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8525 Lake Hollow Dr is 1,724 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8525 Lake Hollow Dr is 1970.

Rocket Homes›Georgia›Hall County›Gainesville›30506›8525 Lake Hollow Dr

This home is located at 8525 Lake Hollow Dr in Gainesville, GA and zip code 30506. This 1,724 square foot home, which was built in 1970, sits on a 0.50 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $799,900.

In October 2024, from all listings sold in Gainesville, GA there were more than 17 sold above asking price, over 94 sold below and more than 23 were sold right at the asked price. In October 2024 in Gainesville, GA there were 9.9% more homes for sale than in September 2024. Listings spent 54 days on the market in October 2024, and had a median list price of $399,952 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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