NOT LISTED FOR SALE

115 Cherry Log Summit Dr Cherry Log, GA 30522

Estimated Value: $516,626 - $689,000

3 Beds
2 Baths
2,340 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $290,000 $124 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,298/month

93 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Wood Flooring
  • 3 Acre Lot
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of March 2020

Fantastic Location between Blue Ridge & Ellijay! This 3BR/2BA cabin is perfectly situated on 3 PRIVATE ACRES w/seasonal mountain view. Cabin has never been in the rental program, yet has great vacation rental potential! Will consider selling mostly furnished. All wood interior, with 3 levels of living. Great room features cathedral ceiling w/exposed beams, gas log fireplace; 2 masters, there's 2 living areas including a recreation/game room on lower level. Plentiful covered porches. Outbuilding/workshop has electricity. Enjoy fresh fruit when in season from the blueberry bushes, fruit trees and grape vines. Cabin is freshly stained w/Sikkens stain; private well, water filtration system, laundry room is also plumbed for 3rd bathroom. 1 car garage and very easy access from Hwy 515. (Only 10 minutes from Blue Ridge/15 min. from Ellijay, 3 min from the famous Pink Pig BBQ!)

Last Agent to Sell the Property

Cindy West

REMAX Town & Country - Ellijay Brokerage Phone: 7065157653 License #118574 Listed on: 11/08/2019

REMAX Town & Country - Ellijay

Last Buyer's Agent

Susie Stanley

North Georgia Cabins & Land, LLC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 3 Acre Lot
  • Garden

Parking

  • 1 Car Garage
  • Basement Garage

Property Views

  • Woods
  • Mountain
  • Seasonal

Home Design

  • Cabin
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Frame Window
  • Window Screens
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8D
  • Assessor Parcel Number 3105 090A

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Year Built: 2003
  • Property Sub Type: Residential
  • Road Frontage Type: Road
  • Lot Size Acres: 3
  • Road Surface Type: Gravel
  • Architectural Style: Cabin, Country/Rustic
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher, See Remarks
  • Has Basement: Slab
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Pantry, Ceiling Fan(s), Cathedral Ceiling(s), Wood, See Remarks
  • Living Area: 2340
  • Window Features: Wood Frames, Screens
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Seasonal, Trees/Woods
  • Topography: Wooded,Sloping,Rolling,Steep
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden, Private Yard
  • Other Structures: Workshop
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Garage, Basement, Driveway (See Remarks)
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Gilmer County

Lot Info

  • Lot Size Sq Ft: 130680
  • Parcel #: 3105 090A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 8D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Mar 6, 2020
Sold by
King Michael C
Bought by
Waters Michael J and Waters Lisa M
Seller's Agent
Cindy West
REMAX Town & Country - Ellijay
Buyer's Agent
Susie Stanley
North Georgia Cabins & Land, LLC.
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$580,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,407
Avg. Annual Appreciation
12.75%
Original Mortgage
$125,000
Outstanding Balance
$85,068
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$495,339

Purchase Details

Closed on
Dec 11, 2003
Sold by
Jones William C and Eastwood Timothy J
Bought by
King Michael C and King Jan T

Purchase Details

Closed on
Dec 31, 2002
Sold by
Gignilliat Jarad and Gignilliat Ted
Bought by
Jones William C
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
Waters Michael J $290,000 --
King Michael C $197,500 --
Jones William C $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Michael J $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $290,000 0.0% $124 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $290,000 -- $124 / Sq Ft
Source: Northeast Georgia 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 $2,942 $194,616 $23,120 $171,496
2024 $2,942 $189,880 $20,080 $169,800
2023 $2,968 $185,560 $15,760 $169,800
2022 $2,767 $157,240 $14,440 $142,800
2021 $2,302 $119,040 $8,760 $110,280
2020 $823 $105,240 $8,560 $96,680
2019 $766 $92,880 $7,440 $85,440
2018 $594 $92,880 $7,440 $85,440
2017 $594 $75,760 $7,440 $68,320
2016 $594 $76,520 $7,440 $69,080
2015 $555 $71,960 $8,400 $63,560
2014 $1,776 $71,240 $8,400 $62,840
2013 -- $72,160 $8,400 $63,760
Source: Public Records

Agents Affiliated with this Home

  • Cindy West

    Seller's Agent in 2020

    Cindy West

    RE/MAX

    (706) 273-9033

    10 in this area

    448 Total Sales

    Cindy West
    Section Image

  • S

    Buyer's Agent in 2020

    Susie Stanley

    North Georgia Cabins & Land, LLC.

    Section Image
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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 293400

Northeast Georgia Board of REALTORS®

APN: 3105-090A

Georgia Gilmer County Cherry Log 30522

115 Cherry Log Summit Dr, Cherry Log, GA

Not Listed for Sale

Detached

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