NOT LISTED FOR SALE

1081 Arabian Way Buckhead, GA 30625

Estimated Value: $391,000

5 Beds
4.5 Baths
3,472 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 22, 2012

Last sale price $320,500 $92 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,329/month

28 Days on Market

Highlights

  • Boat Dock
  • Access To Lake
  • 38.97 Acre Lot
  • Morgan County Primary School Rated A-
  • Pond View
  • Lake Property

About This Home

As of April 2012

Come get the country estate you've been waiting for. 38.97 acres on community lake shared w/about a dozen homes. Fish on your private dock, rock on the covered porch, or just sit back & enjoy the good life. This has a brand new - 2 wk old - roof & while there is still some TLC needed, the heavy lifting has been done. Heart pine & tile floors throughout the main level, master on main, custom cabinetry in master, dining, & study. Kitchen opens to breakfast area, sunroom, & deck, master has wall of windows opening to terrace - this is truly a wonderful floorplan. All this & full finished terrace level w/waterfall feature on the patio. This is now offered well below appraised & assessed value. & Morgan county schools are just a bonus.

Last Agent to Sell the Property

Chris Oliver

Drake Realty Lake Area, Inc. License #314899 Listed on: 01/31/2012

Last Buyer's Agent

Jim Littleton

Keller Williams Realty Lake Oconee License #280120

Keller Williams Realty Lake Oconee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,441

Year Built

  • Built in 1991

Lot Details

  • 38.97 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,472 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wainscoting
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Palladian Windows
  • Great Room
  • Home Office
  • Pond Views

Kitchen

  • Cooktop
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Garden Bath

Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Access To Lake
  • Docks
  • Pond
  • Lake Property
  • Deck
  • Covered Patio or Porch
  • Outdoor Water Feature

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 14,15,16
  • Assessor Parcel Number 0580109 I

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,441

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Lake Comm Home
  • Architectural Style: Cape Cod, Site Built, Traditional
  • Property Status: Bank Owned/REO
  • Property Features: Fenced Fully, Paved Driveway, Paved Walkway, Walkways, Water Features
  • Location: Lake Oconee Area
  • Directions: Harmony to Parks Mill on Rt. Stay on parks mill/reids' ferry & cross I-20. Right at Katys' country store & left onto Swords trail just over RR tracks. Then left onto Arabian Way. Home on Right-sign.
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Room Features: Cathedral Ceilings, Garden Tub, Masonry Fireplace, Palladium Windows, Pantry, Solid Surface Counters, Vaulted Ceiling, Wainscotting, Wet Bar
  • Appliances: Cook Top, Dishwasher, Refrigerator
  • Levels W O Basement: 2 Story
  • Bedrooms: 5
  • Master Bedroom Level: 1
  • Master Bedroom Features: window wall opens to terrace
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Dining Room Level: 1
  • Kitchen Features: open to sunroom/breakfast
  • Kitchen Level: 1
  • Dining Room Features: heart pine floors/ built ins.
  • Great Room Level: 1
  • Great Room Features: heart pine floors
  • Living Room Features: fireplace, heart pine floors
  • Living Room Level: 1
  • Basement: Yes
  • Other Rooms: Den, Office, Pantry
  • Estimated Heated Sq Ft: 3472

Exterior Features

  • Dock: Max Dock
  • Exterior: Wood Siding
  • Exterior Features: Covered Patio, Covered Porch, Deck, Patio
  • Lake Access: Subdivision Access
  • Roof: Asphalt/Comp Shingle
  • Substructure: Daylight Basement, Full Finished Basement, Outside Entrance
  • Water Or Water View: Community Lake, Pond On Property, Pond View

Garage/Parking

  • Garage: 2 Car Detached

Utilities

  • Air Conditioner: Central Electric, Multiple
  • Heat: Central, Dual
  • Sewer: Septic
  • Water Heater: Electric

Association/Amenities

  • Community Features: Dock, Community Lake/Pond

Condo/Co-op/Association

  • Property Owners Assoc: 375
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 14,15,16
  • Plat Page: 18/196
  • Estimated Number of Acres: 38.97
  • Estimated Percent Pasture: 70
  • Estimated Percent Wooded: 30
  • Deed Page: 283/182
  • General Zoning Class: Residential
  • Assessor Parcel Number: 0580109 I
  • Topography: Gentle Slope, Level, Partially Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
Apr 20, 2012
Sold by
Bank Of America
Bought by
Welsh James R
Seller's Agent
Chris Oliver
Drake Realty Lake Area, Inc.
Buyer's Agent
Jim Littleton
Keller Williams Realty Lake Oconee
List Price
$351,226
Sold Price
$320,500
Premium/Discount to List
-$30,726
-8.75%
Current Estimated Value
$391,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,500

Purchase Details

Closed on
Nov 23, 2011
Sold by
Libby Jr. James M
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 4, 2011
Sold by
Libby James M

Purchase Details

Closed on
Jan 19, 2011
Sold by
Libby Beverly K
Bought by
Libby James M

Purchase Details

Closed on
Jul 27, 2001
Sold by
Guthrie D Rufus
Bought by
Libby James M

Purchase Details

Closed on
Aug 19, 1994
Sold by
Fraser Sherman C
Bought by
Guthrie D Rufus
Source: Public Records

Range of Values:

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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
Welsh James R $320,500 --
Bank Of America Na -- --
-- $333,000 --
Libby James M -- --
Libby James M $555,000 --
Guthrie D Rufus -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2012 04/22/12 Sold $320,500 -8.7% $92 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $351,226 -- $101 / Sq Ft
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
2024 $2,441 $107,147 $107,147 $0
2023 $2,518 $107,147 $107,147 $0
2022 $57 $27,884 $27,884 $0
2021 $55 $22,475 $22,475 $0
2020 $54 $22,475 $22,475 $0
2019 $54 $22,475 $22,475 $0
2018 $53 $22,475 $22,475 $0
2017 $582 $22,475 $22,475 $0
2016 $52 $22,252 $22,252 $0
2015 $50 $20,360 $20,360 $0
2014 $48 $20,440 $20,440 $0
2013 -- $19,680 $19,680 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Chris Oliver

    Drake Realty Lake Area, Inc.

    Section Image
  • Jim Littleton

    Buyer's Agent in 2012

    Jim Littleton

    Keller Williams Realty Lake Oconee

    (770) 289-7946

    2 in this area

    75 Total Sales

    Jim Littleton
    Section Image
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Map

Source: Lake Country Board of REALTORS®

MLS Number: 31029

Lake Country Board of REALTORS®

APN: 05800900I

Georgia Morgan County Buckhead 30625

1081 Arabian Way, Buckhead, GA

This home is located at 1081 Arabian Way, Buckhead, GA 30625 since 31 January 2012 and is currently priced at $391,000, approximately $112 per square foot. This property was built in 1991. 1081 Arabian Way is a home located in Morgan County with nearby schools including Morgan County Primary School, Morgan County Elementary School, and Morgan County Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lake Country Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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