NOT LISTED FOR SALE

Estimated Value: $98,000 - $136,000

5.49 Acres
$20,910 Price per Acre
239,144 Sq Ft Lot

Last Sold August 07, 2019

Last sale price $65,500

Est. 75% increase in value since last sale

Current estimated payment $707/month

63 Days on Market

Highlights

  • Boat Ramp
  • Access To Lake
  • Lake Property
  • Morgan County Primary School Rated A-
  • 5.49 Acre Lot
  • Community Lake

About This Lot

As of August 2019

It’s hard to find quality estate lots like this one – more than 300ft wide, covered with hardwoods, elevated building site with a gentle slope to the rear – this lot would be suitable for horses if you cleared the back side. Lot 5 is spacious with 5.49 acres, and direct access to the community trail system. You’ll enjoy the community boat ramp - future upgrade to a private boat slip may be an option. With 2 community owned lakefront lots, estate lot owners in Waterstone Farms don’t have to choose between privacy and lake access. Waterstone Farms has covenants designed for the rural lifestyle you are seeking. Located about 10 minutes east of Madison, on the quiet north shore of Lake Oconee, its the perfect place for nature lovers and fishing and kayaking enthusiasts.

Last Agent to Sell the Property

Jeanne Dufort

Coldwell Banker Lake Oconee License #284620 Listed on: 05/25/2019

Coldwell Banker Lake Oconee

Last Buyer's Agent

Selling Agent Non-Member

NON MLS MEMBER

Property Details

Property Type

  • Land

Lot Details

  • 5.49 Acre Lot
  • Level Lot
  • Wooded Lot

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 051H 005

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Boat Dock
  • Horse Trails
  • Trails
  • Access To Lake
  • 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: I-20 Exit 121 (Buckhead). North to stop, left then right over RR tracks; 2nd rt onto Apalachee River Rd. SD ahead on right.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dock: Subdivision Access, Common
  • Lake Access: Subdivision Access
  • Estimated Road Frontage: 350
  • Road Paved: Yes

Utilities

  • Sewer: Septic Required

Association/Amenities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Number: 5
  • Estimated Number of Acres: 5.49
  • Estimated Percent Wooded: 100
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Assessor Parcel Number: 051H 005
  • Topography: Gentle Slope, Level, Wooded

Tax Info

  • Last Years Taxes: 461

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Aug 14, 2019
Sold by
Anthony Maurice J
Bought by
Blanton Jesse
Seller's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
Buyer's Agent
Selling Agent Non-Member
NON MLS MEMBER
List Price
$69,500
Sold Price
$65,500
Premium/Discount to List
-$4,000
-5.76%
Current Estimated Value
$114,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,297
Avg. Annual Appreciation
9.25%
Original Mortgage
$52,400
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2011
Sold by
Mf Georgia Ii Llc
Bought by
Anthony Maurice J and Anthony Fleur Elysee Bizette

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
Bought by
Madison River Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Blanton Jesse $65,500 --
Anthony Maurice J $47,500 --
Mf Georgia Ii Llc $276,500 --
Bank Of North Georgia -- --
Madison River Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Blanton Jesse $52,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2019 08/07/19 Sold $65,500 -5.8% --
07/27/2019 07/27/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $69,500 -- --
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 $1,230 $54,900 $54,900 $0
2024 $1,251 $54,900 $54,900 $0
2023 $1,264 $53,802 $53,802 $0
2022 $1,074 $43,920 $43,920 $0
2021 $680 $27,670 $27,670 $0
2020 $626 $25,254 $25,254 $0
2019 $553 $21,960 $21,960 $0
2018 $449 $17,568 $17,568 $0
2017 $455 $17,568 $17,568 $0
2016 $639 $24,156 $24,156 $0
2015 $646 $24,120 $24,120 $0
2014 $572 $21,960 $21,960 $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: 53796

Lake Country Board of REALTORS®

APN: 051H005000