Absolutely perfect condo for Buyers as well as Investors, conveniently located just minutes from Lake Lanier and downtown Gainesville. This upgraded unit features gleaming wood floors throughout, updated kitchen including granite counters, custom closets and storage galore. The master suite includes an oversized closet and built-in safe. Unique end unit with an abundance of outdoor space and privacy. Expanded and landscaped yard offers endless opportunity to relax or entertain. Small, quiet community with plenty of green space and parking. Walking distance to Holly Park, beach and boat ramp.
Closed
$265,000
2505 Terrace Vw NW, Gainesville, GA 30501
2beds
1,315sqft
Condominium, Residential
Built in 2008
-- sqft lot
$264,100 Zestimate®
$202/sqft
$1,731 Estimated rent
Home value
$264,100
$251,000 - $277,000
$1,731/mo
Zestimate® history
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$2,839/mo
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List your homeWhat's special
Updated kitchenMaster suiteGranite countersOutdoor spacePlenty of green spaceOversized closet
Zillow last checked:
Listing updated:
Listed by:
SHEILA DAVIS,
The Norton Agency
Bought with:
DAVID MCKINLEY, 173680
Keller Williams Lanier Partners
Source: FMLS GA,MLS#: 7228641
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Family Room
Primary bedroom
- Features: Master on Main
- Level: Master on Main
Bedroom
- Features: Master on Main
Primary bathroom
- Features: Separate Tub/Shower
Dining room
- Features: Open Concept
Kitchen
- Features: Breakfast Bar, Cabinets Stain, Stone Counters, View to Family Room
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Microwave
- Laundry: Laundry Room, Main Level
Features
- High Ceilings 9 ft Main, Walk-In Closet(s)
- Flooring: Ceramic Tile, Hardwood, Laminate
- Windows: Double Pane Windows
- Basement: None
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: End Unit,No One Below
Interior area
- Total structure area: 1,315
- Total interior livable area: 1,315 sqft
- Finished area above ground: 1,315
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Attached, Carport, Covered, Kitchen Level
- Carport spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Private Yard
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City, Trees/Woods
- Waterfront features: None
- Body of water: None
Lot
- Size: 2,178 Square Feet
- Features: Landscaped, Level
Details
- Additional structures: None
- Parcel number: 01097 003018
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Brick 4 Sides
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2008
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: Homeowners Assoc, Lake, Park, Street Lights
- Security: Security System Owned, Smoke Detector(s)
- Subdivision: Terrace View Condos Bldg 3
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Maintenance Grounds
- HOA fee: $1,200 annually
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $250,100
- Annual tax amount: $339
- Date on market: 6/8/2023
- Cumulative days on market: 71 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Electric utility on property: Yes
- Road surface type: Asphalt, Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2023 | Listing removed | -- |
Source: FMLS GA #7260039 Report a problem | ||
| 9/8/2023 | Sold | $265,000-5%$202/sqft |
Source:  FMLS GA #7228641 Report a problem | ||
| 8/28/2023 | Pending sale | $279,000$212/sqft |
Source:  GAMLS #10168248 Report a problem | ||
| 8/11/2023 | Listed for rent | $1,950$1/sqft |
Source: FMLS GA #7260039 Report a problem | ||
| 6/16/2023 | Price change | $279,000-6.7%$212/sqft |
Source: GAMLS #10168248 Report a problem | ||
| 6/8/2023 | Listed for sale | $299,000+27.2%$227/sqft |
Source: GAMLS #10168248 Report a problem | ||
| 4/1/2022 | Sold | $235,000+9.4%$179/sqft |
Source: Public Record Report a problem | ||
| 3/16/2022 | Pending sale | $214,800$163/sqft |
Source: FMLS GA #7014921 Report a problem | ||
| 3/11/2022 | Listed for sale | $214,800+90.1%$163/sqft |
Source: FMLS GA #7014921 Report a problem | ||
| 4/10/2018 | Sold | $113,000$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,844 +3.9% | $100,040 +3.9% |
| 2024 | $2,736 +1.6% | $96,240 -8.5% |
| 2023 | $2,692 +27.4% | $105,200 +46.1% |
| 2022 | $2,112 +9.8% | $72,000 +11.7% |
| 2021 | $1,924 +2.8% | $64,480 +5.1% |
| 2020 | $1,872 +31.6% | $61,360 +1% |
| 2019 | $1,422 -19.4% | $60,760 +7.7% |
| 2018 | $1,764 -0.6% | $56,400 +13.5% |
| 2017 | $1,775 | $49,680 +7.5% |
| 2016 | -- | $46,200 +15.2% |
| 2015 | $778 | $40,088 |
| 2014 | $778 | $40,088 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: Lake District
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Nearby schools
GreatSchools rating
- 8/10Enota Multiple Intelligences AcademyGrades: PK-5Distance: 1.6 mi
- 5/10Gainesville Middle SchoolGrades: 6-8Distance: 2.9 mi
- 4/10Gainesville High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Enota Multiple Intelligences Academy
- Middle: Gainesville East
- High: Gainesville
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$264,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$264,100
- Georgia
- Hall County
- Gainesville
- 30501
- Lake District
- 2505 Terrace Vw NW
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