Large Location Icon

8940 Bay Dr; Gainesville, GA Property Details

8940 Bay Dr, Gainesville, GA is a Single Family that was built in 1972. This property is currently Financed and is not for sale. Our records show that 8940 Bay Dr has 2 bedrooms, and 1.5 bathrooms, and a total of 532 square feet. The lot size of 8940 Bay Dr is 5,175 square feet.

For Rent
8940 Bay Dr Gainesville, GA 30506
$2,550 Listing Price
2 Beds
1.5 Baths
532 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1972
  • Purchase Price: $231,800
  • Open Loans / Balance: 1 / $94,061
  • Est. Equity / %: $412,939 / 81.45%
  • Gross Yield: 7.617%
  • APN: 316-000-054
  • Situs County: Forsyth
  • Length Of Ownership: 9 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 532/SqFt
  • Lot: 5,175/SqFt
  • Gross: 532/SqFt
  • Living: 532/SqFt
  • Basement: 476/SqFt
  • Building: 532/SqFt
  • Ground: 532/SqFt
  • Price Per Square Foot: $435.71

Legal Description

  • Description: 14-1 1259 LT 16A CHESTATE BAY
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Forsyth County School District
  • Lat / Lon: 34.28847 / -83.97065
  • Subdivision: Chestatee Bay
  • Property Class: Residential
  • Zoning: R2R
  • County Use Code: 0122

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 6735
  • Bathroom Fixtures: 5
  • Cooling: Window\Unit
  • Fireplaces: 1
  • Heating: Yes

Ownership Info

8940 Bay Dr has no associated ownership info
8940 Bay Dr has no associated ownership info.

Taxes

8940 Bay Dr has 8 associated Taxes items

8940 Bay Dr, Gainesville, GA pays taxes in Forsyth County, GA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $230,804. The APN we've located for 8940 Bay Dr is 316-000-054.

Unlock the full report
Taxes
  • Assessed Value:  $230,804
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  316-000-054
  • Assessed Land Value:  180000
  • Market Land Value:  450000
  • Market Value:  577010
  • Market Year:  2025

Tax History

8940 Bay Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $230,804 Land Value $180,000 Improvement Value $50,804 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,628.59 Change Rate +0.194398% Assessed CR Tax Rate
Year 2023 Assessed Value $191,456 Land Value $144,000 Improvement Value $47,456 Tax Amount $4,712.49 Change Rate +0.207965% Assessed CR Tax Rate +0.024614%
Year 2022 Assessed Value $115,960 Land Value $85,000 Improvement Value $30,960 Tax Amount $3,901.18 Change Rate +0.218315% Assessed CR Tax Rate +0.033642%
Year 2021 Assessed Value $115,960 Land Value $85,000 Improvement Value $30,960 Tax Amount $3,202.11 Change Rate +0.230369% Assessed CR Tax Rate +0.027614%
Year 2020 Assessed Value $94,248 Land Value $76,500 Improvement Value $17,748 Tax Amount $2,602.56 Change Rate -0.005046% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $94,248 Land Value $76,500 Improvement Value $17,748 Tax Amount $2,615.76 Change Rate +0.180722% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $94,248 Land Value $76,500 Improvement Value $17,748 Tax Amount $2,215.39 Change Rate -0.139103% Assessed CR Tax Rate +0.023506%
Year 2017 Assessed Value $92,720 Land Value $81,760 Improvement Value $10,960 Tax Amount $2,573.35 Change Rate +0.068791% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $86,752 Land Value Improvement Value Tax Amount $2,407.72 Change Rate -0.001803% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $86,752 Land Value Improvement Value Tax Amount $2,412.07 Change Rate +0.05717% Assessed CR Tax Rate +0.027804%
Year 2014 Assessed Value $86,184 Land Value $76,500 Improvement Value $9,684 Tax Amount $2,281.63 Change Rate Assessed CR Tax Rate +0.026474%