NOT LISTED FOR SALE

1080 Low Gap Rd Lakemont, GA 30552

Estimated Value: $513,630 - $837,000

5 Beds
3 Baths
1,680 Sq Ft
$432/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $315,000 $188 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,282/month

429 Days on Market

Highlights

  • Home Gym
  • Double Pane Windows
  • Satellite Dish
  • Rabun County High School Rated 9+
  • Power Generator

About This Home

As of July 2015

GORGEOUS MOUNTAIN AND LAKE VIEW HOME. THE TIMBER FRAME CONSTRUCTION, EXPOSED BEAMS, WOOD FLOORS, AND FIREPLACE ENHANCE THE FEELING OF SPACIOUSNESS. THIS HOME IS WHEELCHAIR ACCESSABLE WITH A RAMP TO THE FRONT DOOR, MAIN LEVEL MASTER BEDROOM W/POCKET DOORS, MASTER BATHROOM WITH WHEEL CHAIR ACCESSABLE FLOOR TO CEILING TILE SHOWER, HUGE GREAT ROOM, BEAUTIFULLY EQUIPPED KITCHEN WITH ALL APPLIANCES AND PLENTY OF STORAGE . THE LARGE DECK IS POSITIONED TO VIEW THE MOUNTAINS AND LAKE. THE PROPANE FIRE PIT IS WONDERFUL ADDITION TO THE DECK. THE LOWER LEVEL OF THE HOME HAS 3 BR AND 1 BATH, LARGE GARAGE, AND DEN. TAKE TIME TO MAKE AN APPOINTMENT TO SEE THIS HOME. OWNER IS ANXIOUS TO SELL AND WILL CONSIDER ALL OFFERS.

Last Agent to Sell the Property

Lee Anderson

Poss Realty License #160929 Listed on: 03/29/2014

Last Buyer's Agent

Lee Anderson

Poss Realty License #160929 Listed on: 03/29/2014

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,531

Year Built

  • 2007

Lot Details

  • 2.72

Home Design

  • Slab Foundation

Interior Spaces

  • Split Bedroom Floorplan
  • Double Pane Windows
  • Home Gym
  • Fire and Smoke Detector
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Schools

  • Rabun County / Rabun / Rabun County Elementary And Middle School
  • Rabun County / Rabun / Rabun County High School

Utilities

  • Power Generator
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Property Details

Home Type

Other

Est. Annual Taxes

$2,531

Year Built

2007

Lot Details

0

Listing Details

  • Accessibility: Ramps, Shower Access Wheelchair
  • Special Features: None
  • Year Built: 2007

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Gas Starter
  • Basement: Bath Finished, Concrete, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full, Slab/None
  • Equipment: Smoke/Fire Alarm, Generator, Satellite Dish, Washer
  • Kitchen Equipment: Convection Oven, Separate Cooktop, Double Oven, Built-In Microwave, Refrigerator
  • Interior Amenities: Bookcases, Vaulted Ceilings, Ceilings 9 Ft Plus, Exposed Beams, Entrance Foyer, Gas Logs, Handicap Access, Hardwood Floors, Tile Bath, Tile Floors, Walk-in Closet
  • Laundry Type: Room
  • Unfinished Below Grade Sq Ft: 1180
  • Kitchen / Breakfast: Solid Surface Counters
  • Above Grade Finished Sq Ft: 1680

Exterior Features

  • Construction: Concrete Siding
  • Exterior Features: Deck/Patio, Gas Grill, Porch
  • Roof Type: Metal/Steel
  • Waterfront Type: Water View

Garage/Parking

  • Parking: 2 Car, Auto Garage Door, Carport, Detached, Drive Under/Basement, Garage, Parking Pad, Storage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Heat Pump
  • Heating Fuel: Electric, Gas, Propane
  • Heating: Central, Heat Pump
  • Energy Features: Double Pane/Thermo, Gas Water Heater
  • Water/Sewer: Septic Tank, Well

Schools

  • Elementary School: Rabun County / Rabun / Rabun County, GA
  • Elementary Bus Line: Yes
  • High School: Rabun County / Rabun / Rabun County, GA
  • High School Bus: Yes
  • Middle School: Rabun County / Rabun / Rabun County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Mountain View, Private Backyard, Valley View, Wooded
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2014
Closed on
Jul 8, 2015
Sold by
Colvin Gayla S
Bought by
Wooster Wayne and Wooster Jane
Seller's Agent
Lee Anderson
Poss Realty
Buyer's Agent
Lee Anderson
Poss Realty
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%
Total Days on Market
429
Current Estimated Value
$725,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,158
Avg. Annual Appreciation
8.77%
Original Mortgage
$135,000
Outstanding Balance
$56,850
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$668,308

Purchase Details

Closed on
Mar 1, 2007
Sold by
Not Provided
Bought by
Colvin Frank R and Colvin Gayla
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wooster Wayne $315,000 --
Wooster Wayne $315,000 --
Colvin Frank R -- --
Colvin Frank R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooster Wayne $135,000
Closed Wooster Wayne $135,000
Previous Owner Colvin Frank R $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2015 07/08/15 Sold $315,000 -7.1% $188 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
04/01/2015 04/01/15 Price Changed $339,000 0.0% $202 / Sq Ft
04/01/2015 04/01/15 For Sale $339,000 +7.6% $202 / Sq Ft
03/26/2015 03/26/15 Off Market $315,000 -- --
06/17/2014 06/17/14 Price Changed $349,000 -11.6% $208 / Sq Ft
03/29/2014 03/29/14 For Sale $395,000 -- $235 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,531 $157,696 $15,167 $142,529
2023 $2,644 $144,438 $14,274 $130,164
2022 $2,543 $138,931 $12,490 $126,441
2021 $2,389 $127,389 $11,598 $115,791
2020 $2,389 $123,167 $11,598 $111,569
2019 $2,406 $123,167 $11,598 $111,569
2018 $2,415 $123,167 $11,598 $111,569
2017 $2,316 $123,167 $11,598 $111,569
2016 $2,322 $123,167 $11,598 $111,569
2015 $2,323 $120,621 $11,598 $109,023
2014 $2,095 $108,228 $11,600 $96,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07244266

Georgia MLS

APN: LN04-059A