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Single Family ResidenceResidential
$341,912$239 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $209,900 on Sep 13, 2018

6550 TERRACEWOOD LN

GAINESVILLE, GA 30506
3
Beds
2.5
Baths
1,428 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.67 ac
Lot SizeThe size of the land the home sits on, from county records.
2018
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$342K
$320K low$364K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$209,900 · Sep 13, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,829 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$136,808 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$40,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$96,808
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$137,296
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$342,020

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.47
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
17
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
84
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
96
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
41
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyFORSYTH
Lot (acres)The size of the land the home sits on, from county records.0.67
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 100 ft²Porch · 72 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Chestatee Elementary SchoolB
Elementary · Grades KG–5 · 2.3 mi
H
East Forsyth High SchoolB
High · Grades 9–12 · 5.3 mi
M
Little Mill Middle SchoolB
Middle · Grades 6–8 · 5.8 mi

District: Forsyth County School District

Neighborhood · ZIP 30506These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.114
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.63

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.50,207
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.401 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,076
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$118,199
Average tempThe average temperature here across a full year.59°F
Annual precipHow much rain and melted snow falls here in a typical year.57 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

6550 Terracewood Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 94% of homes in Forsyth County
  • Smaller than 89% of homes in Forsyth County
  • Has a bigger lot than 75% of homes in Forsyth County
  • Newer than 90% of homes in Gainesville 30506

What homes are worth in Gainesville 30506

Each bar is how many homes fall in that price range. The marker is this home.

This home
$139K$1.6M

This home is worth more than 28% of homes in Gainesville 30506.

How it measures up in Gainesville 30506

The dot is this home. The mark in the middle is the typical home in Gainesville 30506.

Estimated value$341,912
CheaperTypical $446,574Pricier

Pricier than 28% of homes nearby

Price per ft²$239
CheaperTypical $236Pricier

Pricier than 52% of homes nearby

Living area1,428 ft²
SmallerTypical 1,872 ft²Bigger

Bigger than 28% of homes nearby

Lot size0.67 ac
SmallerTypical 0.69 acBigger

Bigger than 47% of homes nearby

Year built2018
OlderTypical 1997Newer

Newer than 90% of homes nearby

How 6550 Terracewood Ln ranks against every home in each area.
MeasureThis homeGainesville 30506Forsyth County
Estimated valuepricier than$341,91228% of homes6% of homes
Price per ft²pricier than$23952% of homes49% of homes
Living areabigger than1,428 ft²28% of homes11% of homes
Lot sizebigger than0.67 ac47% of homes75% of homes
Year builtnewer than201890% of homes88% of homes

About 6550 Terracewood Ln

How much is 6550 Terracewood Ln, Gainesville, GA worth?

The TopHap Estimate for 6550 Terracewood Ln, Gainesville, GA is $341,912 as of Oct 21, 2026. The likely range is $320,208 to $363,616. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 6550 Terracewood Ln, Gainesville, GA last sell?

6550 Terracewood Ln, Gainesville, GA last sold on Sep 13, 2018 for $209,900, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 6550 Terracewood Ln, Gainesville, GA?

6550 Terracewood Ln, Gainesville, GA has 3 bedrooms, 2.5 bathrooms, 1,428 square feet of living space and a 0.67-acre lot.

When was 6550 Terracewood Ln, Gainesville, GA built?

6550 Terracewood Ln, Gainesville, GA was built in 2018, making it 8 years old. The building has 2 stories.

What schools serve 6550 Terracewood Ln, Gainesville, GA?

6550 Terracewood Ln, Gainesville, GA is assigned to Chestatee Elementary School (elementary), rated B; East Forsyth High School (high), rated B; Little Mill Middle School (middle), rated B. All sit in Forsyth County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 6550 Terracewood Ln, Gainesville, GA compare to other homes in Gainesville 30506?

Among the 19,366 homes in Gainesville 30506, it is worth more than 28% of them ($341,912 against a typical $446,574), its price per square foot is higher than 52% of them ($239 against a typical $236), it is bigger than 28% of them (1,428 ft² against a typical 1,872 ft²), its lot is bigger than 47% of them (0.67 ac against a typical 0.69 ac) and it is newer than 90% of them (2018 against a typical 1997). Measured against all of Forsyth County, it is worth more than 6% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 6550 Terracewood Ln, Gainesville, GA?

The 2025 property tax bill for 6550 Terracewood Ln, Gainesville, GA was $2,829. The county assessed it at $136,808.

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