5513 MOUNT SHORES CIR

GAINESVILLE, Georgia, 30506

Redeemable DeedpendingSells Oct 6, 2026 · 3 days ago

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Beds: 1
Baths: 1
SqFt: 826
Lot Size: 2,076
Year Built: 1980
APN: 11-131B-000-094

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Company
Owner Status: Absentee (In State)
Length of Ownership: 8 Years 5 Months
Purchase Method: Cash Purchase
County: Hall

Value

Estimated Value: $247,000
County Market Value: $8,900; 2025
Assessed Value: $3,560; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Document Type: Warranty Deed

Opportunity

Opening Bid: $1,204
Bid / Value: 0.49%; of $247,000
Property Tax 2025: $160; annual bill · not the amount owed
Equity (est.): $247,000; 100%
Monthly Rent: $1,375; Suggested rent
Gross Yield: 6.68%

Opening bid

$1,204

Assessed value

$3,560

Land $800Improvement $2,760

Market / AVM

$247,000

Property tax 2025

$160

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: MOUNTAIN SHORES LLC
Mailing Address: Po Box 907609, Gainesville, GA 30501
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Total Rooms: 2
Bedrooms: 1
Total Bathrooms

Deal analysis

School	Type	Grades	Rating	Enrollment
Chestatee Middle School	Public	6-8	5	1,026
Lanier Elementary School	Public	PK-5	6	483
Chestatee High School	Public	9-12	5	1,378

Sale Date	Recorded	Document	Doc #	Arm's Length	Method	Buyer	Seller
04/09/2018	04/09/2018	Warranty Deed	2018-002397	No	Cash Purchase	Mountain Shores Llc	Susan E Petersen

Your maximum bid

$144,576

Walk away above this. Projected profit at the ceiling: $74,100 (30% of ARV).

Opening bid $1,204

Room to bid $143,372

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$52,770

Under max by $91,806

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for GA|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $247,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $247,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$19,760
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical GA range ($3,000–$7,500, ~6 months).: −$5,250
Deed recording and transferassumed Typical GA recording and deed issuance cost.: −$350
Holding costs (8 months)assumed Taxes, insurance, and securing the property at ~$371/month.: −$2,964
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$74,100
Maximum bid: $144,576

If the owner redeems

Flat penalty

20%

You'd receive

$28,915

Window

365 days

A 20% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

redemption stays open indefinitely until the purchaser forecloses it by statutory notice (barment)

Quoted elsewhere as 20% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 12-month period is a minimum, not an expiry — the redemption right persists until you serve barment notice, so budget for that process.

5513 MOUNT SHORES CIR

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

5513 MOUNT SHORES CIR

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Area

Fair Market Rents

Schools

Tax Assessment Information

Sale History

County records

Hall County rules

Historical comps

Verify before you bid