$290,000
SOLD SEP 13, 2016

118 Narrows Loop Waleska, GA 30183

3 Beds
3 Baths
1,566 Sq Ft
5,959 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

9% Below List Price

30 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Golf Course Community
  • Deep Water Access
  • Marina
  • Country Club
  • Fishing

About This Home

As of August 2019

This is the best priced Waterfront property in Beautiful Lake Arrowhead! Full finished terrace level with a wet-bar! Lots of space with 3 bedrooms plus a loft area. Terrace level has a nice sized Living area, Full bath and bedroom. Huge decks lead to an easy walk to the Lake. Deep water at the dock with lots of Privacy. You will not find a Better Buy on the Water! Come See Everything That Lake Arrowhead has To Offer.

Last Agent to Sell the Property

TIM KING

NOT A VALID MEMBER License #174445 Listed on: 08/01/2016

Last Buyer's Agent

Lisa Steele

Lake Homes Realty, LLC. License #345335

Lake Homes Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1980

Lot Details

  • 5,959 Sq Ft Lot
  • 60 Feet of Waterfront
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • Parking Pad

Property Views

  • Lake
  • Mountain

Home Design

  • Cottage
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Great Room
  • Loft
  • Game Room
  • Laundry in Hall

Kitchen

  • Open to Family Room
  • Electric Range
  • Dishwasher
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Waterfront Platform
  • Deck
  • Patio
  • Front Porch

Schools

  • R.M. Moore Elementary School
  • Teasley Middle School
  • Cherokee High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 22N14 006

Community Details

Overview

  • $250 Initiation Fee
  • Lake Arrowhead Subdivision
  • Community Lake

Recreation

  • Marina
  • Golf Course Community
  • Country Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Park

Additional Features

  • Restaurant
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,541

Year Built

Built in 1980

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 1980
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), High Ceilings 10 ft Main, Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets White, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Great Room - 1 Story, Loft
  • Square Footage: 1566.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Soaking Tub, Tub/Shower Combo

Exterior Features

  • Waterfront Frontage: 60
  • Construction Materials: Frame
  • Roof Type: Composition
  • Lake Name: Arrowhead
  • Patio And Porch Features: Deck, Front Porch, Patio
  • View: Lake, Mountain(s)

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: In Hall

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Country Club, Fishing, Gated, Golf Course, Lake, Marina, Park, Playground, Pool, Restaurant, Tennis Court(s)
  • Association Fee: 1560
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Lake Arrowhead

Schools

  • Elementary School: R.M. Moore
  • Middle School: Teasley
  • High School: Cherokee

Lot Info

  • Acres: 0.1368
  • Lot: 6
  • Land/Lot: 237
  • Section G M D: 2nd
  • Parcel Number: 22N14 006
  • Property Attached Yn: No

Rental Info

  • Initiation Fee: 250

Tax Info

  • Taxes: 3541.00
  • Assessor Parcel Number: 022N14-00000-006-000-0000
  • Close Date: 2016-09-13
  • Tax Year: 2015

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: R.M. Moore
  • High School: Cherokee
  • Middle School: Teasley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Tedrow Margaret E
Bought by
Ellie May Properties Llc
Current Estimated Value
$730,720

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 28, 2019
Sold by
Lms Investment Properties Inc
Bought by
Tedrow Margaret E and Tedrow Thomas F
Seller's Agent
Lisa Steele
Lake Homes Realty, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$270,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 13, 2016
Sold by
Hyder Rachel M
Bought by
Lms Investment Properties Inc
Seller's Agent
TIM KING
NOT A VALID MEMBER
Buyer's Agent
Lisa Steele
Lake Homes Realty, LLC.
List Price
$319,900
Sold Price
$290,000
Premium/Discount to List
-$29,900
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
Jan 11, 2012
Sold by
Murphy Dianna Cornell
Bought by
Hyder Rachel M and Murphy Sarah L

Purchase Details

Closed on
Apr 7, 2010
Sold by
Murphy Hugh R
Bought by
Murphy Dianna S

Purchase Details

Closed on
Sep 30, 1997
Sold by
Proctor Jack W
Bought by
Murphy Hugh R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $415,000 --
Warranty Deed $290,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $271,824 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $105,000 New Conventional
Previous Owner $103,000 Stand Alone Second
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $415,000 -7.8% $242 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $450,000 +55.2% $262 / Sq Ft
09/13/2016 09/13/16 Sold $290,000 -9.3% $185 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $319,900 -- $204 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $5,938 $228,480 $96,000 $132,480
2023 $5,590 $215,120 $94,800 $120,320
2022 $4,543 $172,840 $94,800 $78,040
2021 $4,532 $159,640 $94,800 $64,840
2020 $4,317 $151,920 $94,800 $57,120
2019 $3,903 $137,360 $92,000 $45,360
2018 $3,447 $120,560 $80,000 $40,560
2017 $3,511 $295,200 $80,000 $38,080
2016 $3,511 $301,500 $80,000 $40,600
2015 $3,541 $301,100 $80,000 $40,440
2014 $3,436 $291,600 $80,000 $36,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5728572

First Multiple Listing Service (FMLS)

APN: 022N14-00000-006-000-0000