NOT LISTED FOR SALE

Estimated Value: $499,000 - $814,104

5.96 Acres
$104,089 Price per Acre
259,618 Sq Ft Lot

Last Sold April 21, 2017

Last sale price $69,500

Est. 793% increase in value since last sale

Current estimated payment $3,699/month

162 Days on Market

Highlights

  • Boat Ramp
  • Assigned Boat Slip
  • 5.96 Acre Lot
  • Morgan County Primary School Rated A-
  • Pond View
  • Lake Property

About This Lot

As of April 2017

Private 6ac lot with 400ft+ of pond frontage, in community with farm friendly covenants. Lake Oconee deeded boat slip right included gives you access to the stable waters of Georgia’s 2nd largest lake. Mature hardwoods give way to open land as the lot slopes gently to the stocked pond. Choose your homesite – lot could support a daylight basement plan. Perfect choice for the avid gardener, and this lot would be suitable for horses. Community amenities included miles of bridle trail, boat ramp, and two community lakefront access areas. Morgan County Charter schools.

Last Agent to Sell the Property

Jeanne Dufort

Coldwell Banker Lake Oconee License #284620 Listed on: 10/04/2016

Coldwell Banker Lake Oconee

Last Buyer's Agent

Selling Agent Non-Member

NON MLS MEMBER

Property Details

Property Type

  • Land

Lot Details

  • 5.96 Acre Lot
  • Open Lot
  • Gentle Sloping Lot
  • Partially Wooded Lot

Property Views

  • Pond Views

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 051H 002

Community Details

Overview

  • Property has a Home Owners Association
  • Waterstone Farms Subdivision
  • Community Lake

Recreation

  • Boat Ramp
  • Boat Dock
  • Horse Trails
  • Trails
  • Assigned Boat Slip
  • Pond
  • Lake Property

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Land
  • Sub Type: Lake Comm Lot
  • Property Status: Standard Listing
  • Location: Lake Oconee Area
  • Subdivision: WATERSTONE FARMS
  • Directions: From downtown Madison: Hwy 278 east to right onto Apalachee River Rd; Waterstone Farms is 1 mile ahead on left. From I-20: Exit 121, north 1mi on Seven Islands Rd to stop. Left, then immediate right over RR tracks. 2nd right onto Apalachee River Rd
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dock: Assigned Slip
  • Lake Access: Limited Use (See Remarks)
  • Water Or Water View: Pond On Property, Pond View
  • Road Paved: Yes

Utilities

  • Sewer: Septic Required

Association/Amenities

  • Community Features: Boat Ramp, Dock, Riding Trails, Walking Trails, Community Lake/Pond

Condo/Co-op/Association

  • Property Owners Assoc: 650
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 2
  • Plat Page: 40 129
  • Estimated Number of Acres: 5.96
  • Estimated Percent Pasture: 50
  • Estimated Percent Wooded: 50
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Assessor Parcel Number: 051H 002
  • Topography: Gentle Slope, Open, Partially Wooded

Tax Info

  • Last Years Taxes: 693.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Adams Mitchell Angela
Bought by
Mitchell Gary Tr
Current Estimated Value
$620,368

Purchase Details

Closed on
Oct 20, 2021
Sold by
Mitchell Gary Milton
Bought by
Mitchell Family Liv Tr

Purchase Details

Listed on
Oct 4, 2016
Closed on
Apr 21, 2017
Sold by
Flynn Abby E
Bought by
Mitchell Gary Milton and Adams Mitchell Angela
Seller's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
Buyer's Agent
Selling Agent Non-Member
NON MLS MEMBER
List Price
$72,000
Sold Price
$69,500
Premium/Discount to List
-$2,500
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.87%
Original Mortgage
$59,075
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2013
Closed on
Mar 11, 2014
Sold by
Ira Svcs Trust Co /Tr
Bought by
Flynn Abby E and Slutsky Alan M
Seller's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
Buyer's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
List Price
$72,000
Sold Price
$67,500
Premium/Discount to List
-$4,500
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%

Purchase Details

Closed on
May 25, 2011
Sold by
Mf Georgia Ii Llc
Bought by
Ira Services Trust Co and Loreen Steinfield Ira03164

Purchase Details

Closed on
Jun 30, 2010
Sold by
Bank Of North Georgia
Bought by
Mf Georgia Ii Llc

Purchase Details

Closed on
Dec 10, 2009
Sold by
Madison River Llc
Bought by
Bank Of North Georgia

Purchase Details

Closed on
Oct 13, 2008
Sold by
Madison River Llc
Bought by
Madison River Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mitchell Gary Tr -- --
Mitchell Family Liv Tr -- --
Mitchell Gary Milton $69,500 --
Flynn Abby E $67,500 --
Ira Services Trust Co $65,000 --
Mf Georgia Ii Llc $276,500 --
Bank Of North Georgia -- --
Madison River Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Gary Milton $59,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2017 04/21/17 Sold $69,500 -3.5% --
03/15/2017 03/15/17 Pending -- -- --
10/04/2016 10/04/16 For Sale $72,000 +6.7% --
03/11/2014 03/11/14 Sold $67,500 -6.3% -- View Prior Sale
02/16/2014 02/16/14 Pending -- -- --
11/01/2013 11/01/13 For Sale $72,000 -- --
Source: Lake Country Board of REALTORS®

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
2025 $5,230 $266,859 $62,282 $204,577
2024 $5,595 $245,573 $63,593 $181,980
2023 $2,150 $91,505 $62,321 $29,184
2022 $1,244 $50,874 $50,874 $0
2021 $959 $39,050 $39,050 $0
2020 $807 $32,542 $32,542 $0
2019 $820 $32,542 $32,542 $0
2018 $666 $26,033 $26,033 $0
2017 $494 $19,072 $19,072 $0
2016 $694 $26,224 $26,224 $0
2015 $702 $26,200 $26,200 $0
2014 $621 $23,840 $23,840 $0
2013 -- $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 45331

Lake Country Board of REALTORS®

APN: 051H002000