NOT LISTED FOR SALE

122 Loop Way Rabun Gap, GA 30568

Rabun Gap Area

Estimated Value: $453,550

4 Beds
3 Baths
4,294 Sq Ft
$106/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2022

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

Est. 30% increase in value since last sale

Current estimated payment $2,842 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

1.12 Acres

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

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

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 608.78

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
34
Current Estimated Value
$453,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,550
Avg. Annual Appreciation
6.93%
Original Mortgage
$280,000
Outstanding Balance
$268,102
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$185,448

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Rabun Gap, GA

  • Teresa Cowart Real Estate Agent - RE/MAX Accent

    Teresa Cowart

    RE/MAX Accent

    (912) 461-4527

    1,938 Total Sales

    2 in Rabun Gap

    $231,000 Price Range

    Teresa Cowart
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  • Clay Vassey Real Estate Agent - Real Local/Real Broker, LLC (S

    Clay Vassey

    Real Local/Real Broker, LLC (S

    (864) 721-6045

    65 Total Sales

    2 in Rabun Gap

    $500,000 Price Range

    Clay Vassey
     Section Image
  • Jennifer Kyle Real Estate Agent - Mountain Sotheby's International

    Jennifer Kyle

    Responds Quickly

    Mountain Sotheby's International

    (762) 239-4009

    87 Total Sales

    1 in Rabun Gap

    $667,500 Price

    Jennifer Kyle
     Section Image
  • Marty Kimsey Real Estate Agent - Martin Kimsey Real Estate

    Marty Kimsey

    Martin Kimsey Real Estate

    (828) 332-5341

    193 Total Sales

    1 in Rabun Gap

    $385,000 Price

    Marty Kimsey
     Section Image
  • Jennifer Davis Real Estate Agent - BHHS Georgia Properties

    Jennifer Davis

    Responds Quickly

    BHHS Georgia Properties

    (762) 348-3525

    103 Total Sales

    1 in Rabun Gap

    $262,000 Price

    Jennifer Davis
     Section Image
  • Nicolaus Poss Real Estate Agent - Poss Realty

    Nicolaus Poss

    Poss Realty

    (706) 960-6744

    76 Total Sales

    7 in Rabun Gap

    $20K - $825K Price Range

    Nicolaus Poss
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 --
Norcross Louis L $75,000 --
Marshall Randall D $58,900 --
Kinney Margaret L -- --
-- $5,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $280,000
Previous Owner Kinney Margaret L $75,000
Previous Owner Kinney Margaret L $80,000
Previous Owner Kinney Margaret L $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,614 $162,840 $12,000 $150,840
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

  • CC

    Seller's Agent in 2022

    Charles Cornwell

    KDGC Properties LLC

    Section Image
  • Barry Laughon Real Estate Agent - Compass

    Buyer's Agent in 2022

    Barry Laughon

    Compass

    (770) 316-6853

    40 Total Sales

    Barry Laughon
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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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

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