NOT LISTED FOR SALE

122 Loop Way Rabun Gap, GA 30568

Estimated Value: $420,000 - $599,000

4 Beds
3 Baths
4,294 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $350,000 $82 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,760/month

174 Days on Market

Highlights

  • Community Lake
  • 2 Fireplaces
  • Double Vanity
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances
  • Park

About This Home

As of November 2022

If you're looking for a secluded home that is 15 mins from town and within 30 mins to lakes, rivers, and hiking you've found it! This country home has been fully remodeled with new HVAC, metal roof, paint, vinyl plank flooring, and granite kitchen counters. It's also right around the corner from our neighborhood park and lake.

Last Agent to Sell the Property

Charles Cornwell

KDGC Properties LLC License #406429 Listed on: 04/20/2022

Last Buyer's Agent

Barry Laughon

Compass License #169198

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $609

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 1.12 Acre Lot

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Bungalow
  • Metal Roof
  • Rough-Sawn Siding

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • 2 Fireplaces
  • Family Room
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Vanity

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement

Parking

  • Garage
  • Parking Pad
  • Garage Door Opener
  • Drive Under Main Level
  • Guest Parking

Schools

  • Rabun County Primary/Elementar Elementary School
  • Rabun County Middle School
  • Rabun County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include facilities fee, water
  • Sylvan Lake Falls Subdivision
  • Community Lake

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$609

Year Built

Built in 1977 | Remodeled

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • ArchitecturalStyle: Bungalow/Cottage
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 1.12
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4294
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Basement: Bath Finished, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1266
  • Total Finished Sq Ft: 3028
  • Above Grade Finished Sq Ft: 3028
  • Interior Amenities: Bookcases, Double Vanity, Other, Master On Main Level
  • Full Bathrooms: 3
  • Flooring: Tile, Vinyl
  • Price Per Square Foot: 81.51

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Other, Rough-Sawn Lumber
  • Lot Features: Other
  • Property Condition: Updated/Remodeled
  • Roof: Metal

Garage/Parking

  • Parking Features: Garage Door Opener, Basement, Parking Pad, Over 1 Space per Unit, Guest

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Central, Forced Air, Heat Pump
  • Laundry Features: In Basement, In Garage
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Water Available
  • Water Source: Private

Condo/Co-op/Association

  • Annual Association Fee: 750
  • Association: Yes
  • Community Features: Lake, Park

Fee Information

  • Association Fee Includes: Facilities Fee, Other, Water

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • Middle School: Rabun County
  • Elementary School: Rabun County Primary/Elementar
  • Middle School: Rabun County
  • High School: Rabun County

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 608.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Nov 4, 2022
Sold by
Norcross Louis L
Bought by
Stamps Audrey Caroline and Aughey Mackenzie
Seller's Agent
Charles Cornwell
KDGC Properties LLC
Buyer's Agent
Barry Laughon
Compass
List Price
$429,000
Sold Price
$350,000
Premium/Discount to List
-$79,000
-18.41%
Views
41
Current Estimated Value
$469,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,866
Avg. Annual Appreciation
10.78%
Original Mortgage
$280,000
Outstanding Balance
$272,690
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$198,793

Purchase Details

Closed on
Mar 19, 2020
Sold by
Kinney Margaret L Estate
Bought by
Norcross Louis L

Purchase Details

Closed on
Jul 28, 2005
Sold by
Stancil James W
Bought by
Marshall Randall D and Marshall Pamela R

Purchase Details

Closed on
Mar 1, 1998
Bought by
Kinney Margaret L

Purchase Details

Closed on
Nov 1, 1973
Source: Public Records

Range of Values:

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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
Stamps Audrey Caroline $350,000 --
Stamps Audrey Caroline $350,000 --
Norcross Louis L $75,000 --
Norcross Louis L $75,000 --
Marshall Randall D $58,900 --
Marshall Randall D $58,900 --
Kinney Margaret L -- --
Kinney Margaret L -- --
-- $5,500 --
-- $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamps Audrey Caroline $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $350,000 -2.8% $82 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/25/2022 09/25/22 Price Changed $360,000 -2.4% $84 / Sq Ft
07/26/2022 07/26/22 Price Changed $369,000 -2.6% $86 / Sq Ft
06/16/2022 06/16/22 Price Changed $379,000 -5.0% $88 / Sq Ft
05/24/2022 05/24/22 Price Changed $399,000 -7.0% $93 / Sq Ft
04/20/2022 04/20/22 For Sale $429,000 -- $100 / 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 $2,466 $153,646 $12,000 $141,646
2023 $2,540 $138,771 $12,000 $126,771
2022 $2,030 $110,921 $10,000 $100,921
2021 $563 $32,469 $10,000 $22,469
2020 $592 $30,541 $10,000 $20,541
2019 $1,148 $58,786 $10,000 $48,786
2018 $1,152 $58,786 $10,000 $48,786
2017 $1,105 $58,786 $10,000 $48,786
2016 $1,108 $58,786 $10,000 $48,786
2015 $1,065 $55,316 $10,000 $45,316
2014 $1,104 $57,009 $8,000 $49,009
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Charles Cornwell

    KDGC Properties LLC

    Section Image
  • Barry Laughon

    Buyer's Agent in 2022

    Barry Laughon

    Compass

    (770) 316-6853

    3 in this area

    50 Total Sales

    Barry Laughon
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20034974

Georgia MLS

APN: 040C-036

Georgia Rabun County Rabun Gap 30568

122 Loop Way, Rabun Gap, GA

This home is located at 122 Loop Way, Rabun Gap, GA 30568 since 20 April 2022 and is currently estimated at $469,866, approximately $109 per square foot. This property was built in 1977. 122 Loop Way is a home located in Rabun County with nearby schools including Rabun County Primary School, Rabun County High School, and Rabun Gap Nacoochee School.

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