NOT LISTED FOR SALE

1091 Falling Creek Dr Greensboro, GA 30642

Estimated Value: $4,030,000 - $4,579,000

6 Beds
8 Baths
8,105 Sq Ft
$527/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $3,055,000 $377 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $24,236/month

Highlights

  • Marina
  • Boat Ramp
  • Golf Course Community
  • Lake Front
  • Docks
  • Fitness Center

About This Home

As of June 2021

“FRONT ROW SUNSET VIEW EVERY EVENING! THIS PROPERTY COMBINES LUXURY AND LEISURE, BOASTING ALMOST 400 FT OF LAKE FRONTAGE WITH THE JACK NICKLAUS GREAT WATERS COURSE IN THE BACKGROUND” This over 8,000 sq ft Cape Cod style home sits on over an acre of property and greets you with big, open water views as soon as you walk in. You’ll be drawn to walk straight through to the upper level back deck to take in the beautiful sight of Lake Oconee. The open floor plan on the main level allows for flow and is perfect for entertaining with stunning views of the lake in each room. The large great room has two focal points- one is Lake Oconee highlighted by tall windows and french doors, the other is an extra-large floor-to-ceiling stacked stone wood burning fireplace. Another unique feature of this room is its two-story planked coffered ceiling with wood beams for even more of an open feel. The adjacent wet bar allows for quick access to drinks as you entertain. The kitchen has ample counter space, an oversized island and custom cabinetry. If you need extra gathering space while preparing meals, there is an extra room off the kitchen ideal for just that with french doors that open to the back deck to bring outside living in. The round dining room offers panoramic views of Lake Oconee. Upstairs is a seating area overlooking the great room and a reading nook close to the master suite. The spacious master suite is its own lake retreat in itself with a seating area, tall ceilings, and breathtaking views of the lake. There is also access to a porch perfect for enjoying sunsets. The upper level also has two extra suites, both with private baths, and one of two laundry rooms. The terrace level has a spacious family and activity room with views of the lake and access to the outside lower deck. This level also has three guest suites, all with private baths, a half bath, and the second laundry room. The outdoor lower deck has stone steps leading to the outdoor firepit, ideal for late summer nights. The max dock has two boat lifts that drop into deep water. Seller is making Club membership available.

Last Agent to Sell the Property

Riezl Baker

Luxury Lake Oconee License #243063 Listed on: 04/02/2021

Last Buyer's Agent

Riezl Baker

Luxury Lake Oconee License #243063 Listed on: 04/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,092

Year Built

  • Built in 1998

Lot Details

  • 1.04 Acre Lot
  • Lake Front
  • Landscaped Professionally
  • Gentle Sloping Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • 8,105 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Chandelier
  • Fireplace Features Masonry
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Utility Room
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Balcony
  • Covered Deck
  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Heat Pump System
  • Propane
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 059D001180

Community Details

Overview

  • Property has a Home Owners Association
  • Reynolds Lake Oconee Subdivision
  • Community Lake

Recreation

  • Boat Ramp
  • Boat Dock
  • RV or Boat Storage in Community
  • Marina
  • Golf Course Community
  • Golf Membership
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,092

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Golf Comm Home
  • Architectural Style: Cape Cod, Site Built
  • Property Status: Standard Listing
  • Property Features: Professional Landscaping, Walkways, Firepit
  • Location: Lake Oconee Area
  • Subdivision: REYNOLDS LAKE OCONEE
  • Subdivision Section: DAVIS RIDGE
  • Directions: From Highway 44, take Linger Longer Rd through security gate, then left on Linger Longer Dr. Right on Falling Creek Dr. Home is on the right.
  • Golf Membership: Golf
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Room Features: Breakfast Bar, Built-Ins, Chandelier, Closet System, Coffered Ceiling, Crown Moldings, Island, Masonry Fireplace, Pantry, Separate Shower, Solid Surface Counters, Wainscotting, Wet Bar
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Separate Ice Machine, Vent Hood, Washer
  • Interior Amenities: Window Treatments
  • Levels W O Basement: 2 Story
  • Bedrooms: 6
  • Master Bedroom Level: 2
  • Master Bedroom Features: Large room with Lakeview
  • Bedroom 2 Level: 2
  • Bedroom 3 Level: 2
  • Bedroom 4 Level: B
  • Bedroom 5 Level: B
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Dining Room Level: 1
  • Kitchen Level: 1
  • Great Room Level: 1
  • Great Room Features: Planked Coffered Ceilings
  • Utility Level: 1
  • Basement: Yes
  • Other Room1 Description: Bedroom
  • Other Room1 Level: B
  • Other Room2 Description: Activity Room
  • Other Room2 Level: B
  • Other Rooms: Foyer, Overlook, Pantry
  • Estimated Heated Sq Ft: 8105

Exterior Features

  • Dock: Max Dock, PRIVATE FRONTAGE
  • Exterior: Cedar
  • Exterior Features: Balcony, Covered Deck, Covered Patio, Deck, Patio
  • Lake Access: Private
  • Roof: Asphalt/Comp Shingle
  • Substructure: Full Finished Basement
  • Water Or Water View: Lakefront

Garage/Parking

  • Garage: 2 Car Detached

Utilities

  • Air Conditioner: Heat Pump
  • Gas: Propane
  • Heat: Heat Pump
  • Sewer: Commercial System
  • Tv Cable Communications: Cable, Cable Internet

Association/Amenities

  • Community Features: Boat Ramp, Boat Storage, Clubhouse, Dock, Gated, Gym/Exercise Facility, Marina, Playground, Pool, Tennis Courts, Walking Trails, Community Lake/Pond

Condo/Co-op/Association

  • Property Owners Assoc: 1475.00
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 118
  • Estimated Number of Acres: 1.04
  • Deed Page: Book 799 Pg 476
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Assessor Parcel Number: 059D001180
  • Topography: Gentle Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 17, 2021
Sold by
Heyer Andrew R
Bought by
Baker Theodore and Baker Maria Riezl
Seller's Agent
Riezl Baker
Luxury Lake Oconee
Buyer's Agent
Riezl Baker
Luxury Lake Oconee
List Price
$3,490,000
Sold Price
$3,055,000
Premium/Discount to List
-$435,000
-12.46%
Current Estimated Value
$4,271,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,216,191
Avg. Annual Appreciation
8.14%
Original Mortgage
$600,000
Outstanding Balance
$545,586
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$3,725,605

Purchase Details

Closed on
Jun 28, 2005
Sold by
Heyer Steven J & Margaret Trus
Bought by
Heyer Steven J & Margaret Trusts

Purchase Details

Closed on
Jun 10, 2005
Sold by
Heyer Margaret
Bought by
Heyer Margaret R and Heyer Steven J Residence

Purchase Details

Closed on
Feb 11, 2005
Sold by
Heyer Steven J
Bought by
Heyer Margaret

Purchase Details

Closed on
Oct 4, 2002
Sold by
Sheakley Group Inc (The)
Bought by
Heyer Steven J and Heyer Margaret
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
Baker Theodore $3,055,000 --
Heyer Steven J & Margaret Trusts -- --
Heyer Margaret R -- --
Heyer Margaret R -- --
Heyer Margaret -- --
Heyer Steven J $2,065,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Theodore $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $3,055,000 -12.5% $377 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $3,490,000 -- $431 / 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 $19,092 $1,278,480 $592,640 $685,840
2023 $18,831 $1,242,960 $592,640 $650,320
2022 $21,980 $1,222,000 $639,140 $582,860
2021 $23,530 $1,225,040 $640,720 $584,320
2020 $16,659 $781,280 $360,000 $421,280
2019 $16,920 $781,280 $360,000 $421,280
2018 $16,898 $781,280 $360,000 $421,280
2017 $15,869 $781,379 $360,000 $421,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 58961

Lake Country Board of REALTORS®

APN: 059-D-00-118-0