NOT LISTED FOR SALE

121 Farmstead Rd Ellijay, GA 30540

Estimated Value: $357,000 - $369,719

2 Beds
2 Baths
1,740 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2025

Last sale price $365,000 $210 Per Sq Ft

Current estimated payment $2,140 / mo

103 Days on Market

Highlights

  • Barn
  • Home fronts a creek
  • Creek On Lot
  • Second Kitchen
  • View of Trees or Woods
  • Vaulted Ceiling

About This Home

As of August 2025

**INCOME-GENERATING APARTMENT** Rustic Mountain Cabin with Additional Income Generating Apartment! Tucked into a peaceful, forest-like setting, this fully furnished log-sided cabin offers 1,740 square feet of thoughtfully designed living space and more charm than meets the eye. Located in Still Waters—a small, established community just 10 minutes from Ellijay and nestled at the foothills of the Cohutta Mountains—this property combines natural privacy with easy access to town. Inside, the warmth of wood plank walls, exposed beams, and vaulted ceilings creates a welcoming retreat. A freestanding gas stove anchors the main living area, while a balcony-style loft above offers flexible space for a third bedroom, office, or creative studio. There are two full bedroom suites—one on the main level and one in the finished daylight basement—each with its own full bath. The lower-level suite includes a private entrance, patio access, full kitchen, and laundry area, making it ideal for guests, in-laws, extended stays, or as a separate apartment. Short-term rentals are allowed, offering flexibility for those interested in income potential or dual-use living. Outside, enjoy the soothing sounds of the creek, a small pond with dock, a fire pit, and plenty of space to relax or explore. A rocking chair front porch, covered rear porch, metal roof, utility shed, and ample parking complete the picture. This hidden gem offers a rare blend of rustic character, modern convenience, and flexible living options—all in a scenic mountain setting.

Last Agent to Sell the Property

Tracy Krohn

Keller Williams Elevate License #402672 Listed on: 05/02/2025

Last Buyer's Agent

Toby Kreiselmaier

RE/MAX Town And Country License #425566

RE/MAX Town And Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $331

Year Built

  • Built in 1999

Lot Details

  • 1.03 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Sloped Lot
  • Private Yard

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Country Style Home
  • Rustic Architecture
  • Cabin
  • Slab Foundation
  • Metal Roof
  • Log Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Roommate Plan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Den
  • Wood Flooring
  • Views of Woods
  • Attic

Kitchen

  • Second Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Creek On Lot
  • Stream or River on Lot
  • Patio
  • Shed

Schools

  • Ellijay Elementary School
  • Clear Creek Middle School
  • Gilmer High School

Farming

  • Barn
  • Pasture

Utilities

  • Window Unit Cooling System
  • 220 Volts
  • Shared Well
  • Septic Tank
  • High Speed Internet

Community Details

  • Still Waters Poa, Phone Number (727) 998-4102
  • Still Waters Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 3033C 027

Home Details

Home Type

Single Family

Est. Annual Taxes

$331

Year Built

Built in 1999

Lot Details

1.03 Acres

HOA Fees

$42 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Country, Rustic
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Three Or More
  • Above Grade Finished Sq Ft: 1110.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Vaulted Ceiling(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath
  • Kitchen Features: Second Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Attic, Den, Other
  • Square Footage: 1740.00
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 630.00

Beds/Baths

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

Exterior Features

  • Other Structures: Barn(s), Shed(s)
  • Construction Materials: Log, Stucco
  • Roof Type: Metal
  • Patio And Porch Features: Patio
  • Exterior Features: Private Yard
  • View: Trees/Woods
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling: Window Unit(s)
  • Laundry Features: In Basement
  • Utilities: Electricity Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Community Features: Homeowners Assoc
  • Association Fee: 505
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 727-998-4102
  • Management Company Email: kwb1430@aol.com
  • Management Phone: 727-998-4102
  • Subdivision Complex: Still Waters

Association/Amenities

  • Management Company: Still Waters POA

Lot Info

  • Acres: 1.0300
  • Lot: 26
  • Section G M D: 2
  • Plat Book: 34
  • Plat Page: 207
  • Lot Features: Creek On Lot, Pasture, Private, Sloped, Stream or River On Lot
  • Parcel Number: 3033C 027
  • Horse Amenities: Pasture
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 331.00
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Creek

MLS Schools

  • Elementary School: Ellijay
  • High School: Gilmer
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Sep 5, 2025
Sold by
Terminus Investment Group Llc
Bought by
Levert Francis Edward
Seller's Agent
Tracy Krohn
Keller Williams Elevate
Buyer's Agent
Toby Kreiselmaier
RE/MAX Town And Country
List Price
$499,000
Sold Price
$365,000
Premium/Discount to List
-$134,000
-26.85%
Views
139
Current Estimated Value
$365,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430
Avg. Annual Appreciation
0.18%
Original Mortgage
$292,000
Outstanding Balance
$291,743
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$73,687

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 21, 2024
Sold by
Healy Erin C
Bought by
Terminus Investment Group Llc
Seller's Agent
Catherine Benitez
RE/MAX Town & Country
Buyer's Agent
Tracy Krohn
Keller Williams Elevate
List Price
$339,900
Sold Price
$331,000
Premium/Discount to List
-$8,900
-2.62%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$264,800
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2019
Closed on
Nov 20, 2019
Sold by
Kartz Gordon C
Bought by
Healy Erin C
Seller's Agent
Lynn Stephens & Melissa Maxie Team
BHGRE Metro Brokers - Ellijay
Buyer's Agent
Catherine Benitez
REMAX Town & Country - Ellijay
List Price
$169,850
Sold Price
$169,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Original Mortgage
$169,850
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Listed on
Sep 14, 2012
Closed on
Dec 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kartz Gordon C
Seller's Agent
Donna Mousa
Mountain Aire Realty, Inc.
Buyer's Agent
Laura Kiker Cowart
Mountain Aire Realty, Inc.
List Price
$99,900
Sold Price
$78,000
Premium/Discount to List
-$21,900
-21.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%

Purchase Details

Closed on
Jul 3, 2012
Sold by
Cenlar Fsb
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 17, 2007
Sold by
Mahaffey Donald R
Bought by
Coker Hugh E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,010
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levert Francis Edward $365,000 --
Terminus Investment Group Llc $331,000 --
Healy Erin C $169,850 --
Kartz Gordon C $78,000 --
Federal Home Loan Mortgage Corporation $81,900 --
Cenlar Fsb $81,900 --
Coker Hugh E $178,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levert Francis Edward $292,000
Previous Owner Terminus Investment Group Llc $264,800
Previous Owner Healy Erin C $169,850
Previous Owner Coker Hugh E $161,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2025 08/29/25 Sold $365,000 -8.5% $210 / Sq Ft
08/13/2025 08/13/25 Pending -- -- --
07/24/2025 07/24/25 Price Changed $399,000 -9.1% $229 / Sq Ft
07/01/2025 07/01/25 Price Changed $439,000 -12.0% $252 / Sq Ft
05/02/2025 05/02/25 For Sale $499,000 +50.8% $287 / Sq Ft
05/21/2024 05/21/24 Sold $331,000 -2.6% $190 / Sq Ft View Prior Sale
04/26/2024 04/26/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $339,900 +100.1% $195 / Sq Ft
11/20/2019 11/20/19 Sold $169,850 0.0% $98 / Sq Ft View Prior Sale
10/08/2019 10/08/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $169,850 +117.8% $98 / Sq Ft
12/17/2012 12/17/12 Sold $78,000 -21.9% $45 / Sq Ft View Prior Sale
11/17/2012 11/17/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $99,900 -- $57 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $1,924 $124,560 $13,280 $111,280
2024 $1,529 $123,360 $13,280 $110,080
2023 $1,545 $119,840 $9,800 $110,040
2022 $1,519 $101,600 $9,800 $91,800
2021 $1,450 $80,480 $9,800 $70,680
2020 $1,437 $65,320 $9,800 $55,520
2019 $299 $65,320 $9,800 $55,520
2018 $481 $65,320 $9,800 $55,520
2017 $471 $59,480 $10,080 $49,400
2016 $573 $60,680 $10,080 $50,600
2015 $374 $48,280 $10,080 $38,200
2014 $270 $40,400 $10,080 $30,320
2013 -- $34,080 $3,080 $31,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7573739

First Multiple Listing Service (FMLS)

APN: 3033C-027

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