NOT LISTED FOR SALE

1252 Mathis Dam Rd Lakemont, GA 30552

Estimated Value: $1,421,509 - $3,445,000

4 Beds
3 Baths
2,822 Sq Ft
$805/Sq Ft Est. Value

Sale Details

Date Sold: February 12, 2016

Last sale price $1,550,000 $549 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $12,461 / mo

1356 Days on Market

Highlights

  • Boathouse includes two slips
  • Community Lake
  • Den
  • Lake On Lot
  • Recreation Room
  • Water Softener

About This Home

As of February 2016

Premier Lake Rabun home with majestic lake and mountain views. 400' of shoreline and a 6 acre lot assures privacy and seclusion. Beautiful and well maintained home, designed by Bill Edwards and interior finishes by Nancy Braithwaite. 4 bedrooms with 2 living areas, chef's kitchen, screen porches and decks are just a few of the amenities. Master suite is on the main level. Convenient location and accessibility provides for comfortable living in the lake. Additional unfinished room on terrace level can be transformed to whatever a new owner needs.

Last Agent to Sell the Property

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 03/30/2012

Ansley RE | Christie's Int'l RE

Last Buyer's Agent

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 03/30/2012

Ansley RE | Christie's Int'l RE

Property Details

Home Type

  • Other

Year Built

  • 1994

Lot Details

  • 6.14

Home Design

  • Ceiling Insulation
  • Floor Insulation

Interior Spaces

  • Combination Dining and Living Room
  • Den
  • Library
  • Recreation Room
  • Bonus Room

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Boathouse includes two slips
  • Lake On Lot

Utilities

  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • Satellite Dish

Community Details

  • Community Lake

Listing and Financial Details

  • Tax Lot 2699

Property Details

Home Type

Other

Year Built

1994

Lot Details

6.14 Acres

Listing Details

  • District: 5
  • Property Setting: Lake
  • Special Features: None
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Great/Family Room, In Master Bedroom, Masonry
  • Main Floor Bedrooms: 4
  • Main Level Full Bathrooms: 3
  • Basement: Bath Stubbed, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Dryer, Satellite Dish, Washer, Water Softener
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Garbage Disposal, Refrigerator, Trash Compactor, Double Oven
  • Feature Name: Lake Rabun
  • Interior Amenities: Bookcases, Cable TV Connections, Vaulted Ceilings, Ceilings 9 Ft Plus, Entrance Foyer, Hardwood Floors, Double Vanity, Separate Shower, Exposed Beams, Tile Bath
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 816
  • Kitchen / Breakfast: Island, Pantry, Solid Surface Counters, Walk-in Pantry
  • Above Grade Finished Sq Ft: 2822

Exterior Features

  • Roof: Composition
  • Exterior Features: Balcony, Deck/Patio, Garden Area
  • Boathouse/Dock: Boathouse - 2 Slip
  • Construction: Wood Siding
  • Waterfront Type: Waterfront

Garage/Parking

  • Parking: 3 Car Or More, Kitchen Level Entry, Parking Pad

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Central, Heat Pump
  • Energy Features: Ceiling Insulation, Floor Insulation, Electric Water Heater
  • Water/Sewer: Septic Tank, Well

Association/Amenities

  • Amenities: Lake

Lot Info

  • Lot Description: Sloping, Wooded
  • Lot Size: 5-10 Acres
  • Land Lot: 14
  • Lot: 2699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2012
Closed on
Feb 12, 2016
Sold by
Branch Barrington H
Bought by
Dupuy David H and Dupuy Kimberly R
Seller's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
Buyer's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
List Price
$3,599,000
Sold Price
$1,550,000
Premium/Discount to List
-$2,049,000
-56.93%
Current Estimated Value
$2,272,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,627
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,162,500
Outstanding Balance
$887,826
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$1,384,801

Purchase Details

Closed on
Mar 1, 1990
Bought by
Branch Barrington
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dupuy David H $1,550,000 --
Dupuy David H $1,550,000 --
Branch Barrington -- --
Branch Barrington -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dupuy David H $1,162,500
Closed Dupuy David H $1,162,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2016 02/12/16 Sold $1,550,000 -8.6% $549 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
12/01/2015 12/01/15 Price Changed $1,695,000 -5.6% $601 / Sq Ft
08/19/2015 08/19/15 Price Changed $1,795,000 -5.3% $636 / Sq Ft
05/20/2015 05/20/15 Price Changed $1,895,000 -1.3% $672 / Sq Ft
04/27/2015 04/27/15 Price Changed $1,920,000 -1.3% $680 / Sq Ft
04/08/2015 04/08/15 Price Changed $1,945,000 -1.3% $689 / Sq Ft
03/27/2015 03/27/15 Price Changed $1,970,000 -1.3% $698 / Sq Ft
01/30/2015 01/30/15 Price Changed $1,995,000 -3.9% $707 / Sq Ft
09/30/2014 09/30/14 Price Changed $2,075,000 -7.8% $735 / Sq Ft
09/09/2014 09/09/14 Price Changed $2,250,000 -10.0% $797 / Sq Ft
06/30/2014 06/30/14 Price Changed $2,499,000 -9.1% $886 / Sq Ft
02/24/2014 02/24/14 Price Changed $2,750,000 -5.2% $974 / Sq Ft
05/22/2013 05/22/13 Price Changed $2,900,000 -9.4% $1,028 / Sq Ft
02/15/2013 02/15/13 Price Changed $3,200,000 -11.1% $1,134 / Sq Ft
03/30/2012 03/30/12 For Sale $3,599,000 -- $1,275 / Sq Ft
Source: Georgia MLS

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 $4,939 $307,735 $0 $307,735
2024 $4,612 $287,346 $0 $287,346
2023 $4,662 $254,686 $0 $254,686
2022 $4,473 $244,388 $0 $244,388
2021 $4,101 $218,736 $0 $218,736
2020 $3,788 $195,283 $0 $195,283
2019 $3,814 $195,283 $0 $195,283
2018 $3,828 $195,283 $0 $195,283
2017 $3,671 $195,283 $0 $195,283
2016 $3,681 $195,283 $0 $195,283
2015 $3,953 $205,268 $0 $205,268
2014 $4,003 $206,756 $0 $206,756
Source: Public Records

Agents Affiliated with this Home

  • Michael McGaughey

    Seller's Agent in 2016

    Michael McGaughey

    Ansley RE | Christie's Int'l RE

    (404) 606-3988

    1 in this area

    1 Total Sale

    Michael McGaughey
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Map

Source: Georgia MLS

MLS Number: 03209161

Georgia MLS

APN: LR05-066-BL

Georgia Rabun County Lakemont 30552

1252 Mathis Dam Rd, Lakemont, GA

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