NOT LISTED FOR SALE

120 Last Chance Gulch Unit 7 Morganton, GA 30560

Estimated Value: $525,000 - $667,000

3 Beds
3 Baths
2,210 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $520,000 $235 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,326/month

18 Days on Market

Highlights

  • Spa
  • Deck
  • Loft
  • Mountain View
  • Private Lot
  • 1 Fireplace

About This Home

As of April 2023

Total privacy from this real log cabin with year round mountain views! Step inside to find a warm & inviting great room with beautiful wood beams, stack stone wood burning fireplace & wall of windows to take in the vistas. Spacious eat in kitchen & dining area w/ gorgeous wood countertops, stainless appliances & pantry. Large ensuite bedroom round out the main level. Upstairs features the primary suite w/ private screened porch, tile shower, jetted tub and loft area perfect for a home office, teen hangout, or reading nook. Full finished terrace level features an entertainment area, additional bedroom and full bath. Fire pit area, and hot tub are perfect for those chilly mountain nights & outdoor entertaining. This home would make a fantastic vacation rental, or second home getaway!

Last Agent to Sell the Property

AJ Petrillo

RE/MAX Town & Country License #277903 Listed on: 02/09/2023

RE/MAX Town & Country

Last Buyer's Agent

Amy Wade

RE/MAX Legends License #351446

RE/MAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 2005

Lot Details

  • 2.09 Acre Lot
  • Private Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Cabin
  • Metal Roof
  • Stone Siding
  • Log Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Great Room
  • Loft
  • Screened Porch
  • Carpet
  • Mountain Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Spa
  • Deck

Schools

  • West Fannin Elementary School
  • Fannin County Middle School
  • Fannin County High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wilscot Mountain Subdivision

Listing and Financial Details

  • Tax Lot 26

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,499

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 1
  • Section: 7
  • Year Built: 2005
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 2.09
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Total Finished Area2: 2210
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Refrigerator
  • Bedrooms: 3
  • Basement: Finished, Full
  • Below Grade Finished Sq Ft: 884
  • Total Finished Sq Ft: 1326
  • Above Grade Finished Sq Ft: 1326
  • Interior Amenities: High Ceilings, Tile Bath
  • Full Bathrooms: 3
  • Flooring: Carpet
  • Price Per Square Foot: 242.081

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Log, Stone
  • ExteriorFeatures: Garden
  • Lot Features: Private
  • Patio And Porch Features: Deck, Porch, Screened
  • Pool Features: Hot Tub
  • Property Condition: Resale
  • Roof: Metal
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: In Basement
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: West Fannin
  • High School: Fannin County
  • Middle School: Fannin County
  • Elementary School: West Fannin
  • Middle School: Fannin County
  • High School: Fannin County

Lot Info

  • Land Lot: 26
  • Deed Book: 1441
  • Deed Page: 21
  • Plat Book: D29
  • Plat Page: 4

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2498.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 7, 2023
Sold by
Schreck David Ryan
Bought by
Mikus Kevin
Seller's Agent
AJ Petrillo
RE/MAX Town & Country
Buyer's Agent
Amy Wade
RE/MAX Legends
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Total Days on Market
18
Views
11
Current Estimated Value
$596,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,674
Avg. Annual Appreciation
6.45%
Original Mortgage
$390,000
Outstanding Balance
$381,366
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$215,308

Purchase Details

Closed on
Jul 15, 2021
Sold by
Shad Abdur Rahim
Bought by
Schreck David Ryan and Schreck Jamey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2016
Sold by
Keefe David M and Keefe Brenda L
Bought by
Shad Abdue Rahim and Sanchez Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Deutsche Bank National Trust Co
Bought by
Keefe David M and Keefe Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2009
Sold by
Mathis Bobby J
Bought by
Deutsche Bank National Trust

Purchase Details

Closed on
Mar 31, 2006
Sold by
Long Billy David
Bought by
Mathis Bobby J and Wiacek Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,920
Interest Rate
6.2%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Mikus Kevin $520,000 --
Schreck David Ryan $402,500 --
Shad Abdue Rahim $229,000 --
Keefe David M $182,000 --
Deutsche Bank National Trust $176,000 --
Deutsche Bank National Trust Company $176,000 --
Mathis Bobby J $319,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikus Kevin $390,000
Previous Owner Schreck David Ryan $402,500
Previous Owner Hiatt Arthur R $416,000
Previous Owner Shad Abdue Rahim $183,200
Previous Owner Keefe David M $156,000
Previous Owner Keefe David M $163,800
Previous Owner Mathis Bobby J $255,920
Previous Owner Mathis Bobby J $47,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $520,000 -2.8% $235 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $535,000 -- $242 / Sq Ft
Source: Georgia MLS

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 $1,906 $215,863 $19,593 $196,270
2023 $1,779 $174,474 $19,593 $154,881
2022 $1,641 $178,203 $19,593 $158,610
2021 $1,239 $88,379 $19,593 $68,786
2020 $1,252 $87,847 $19,061 $68,786
2019 $1,276 $87,847 $19,061 $68,786
2018 $1,353 $87,847 $19,061 $68,786
2017 $1,524 $86,138 $19,061 $67,077
2016 $1,506 $88,694 $19,061 $69,633
2015 $1,587 $89,459 $19,061 $70,398
2014 $1,727 $97,516 $19,061 $78,455
2013 -- $78,124 $19,060 $59,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10129946

Georgia MLS

APN: 0014-005A1G