NOT LISTED FOR SALE

126 Timberwood Cove Cleveland, GA 30528

Estimated Value: $84,000 - $132,000

1.74 Acres
$62,260 Price per Acre
75,794 Sq Ft Lot

Last Sold May 23, 2024

Last sale price $68,500

Est. 58% increase in value since last sale

Current estimated payment $714/month

146 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • Community Lake
  • White County Middle School Rated A-
  • Gated Community
  • Clubhouse

About This Lot

As of May 2024

Lake Laceola is a private, gated resort-styled mountain community just 2 miles from downtown Cleveland. The 120 acre lake is 4 miles long and 1/2 mile wide. Nestled in the Blue Ridge Mountains, Lake Laceola is the highest elevation private mountain lake in Georgia. The amenity area consists of a clubhouse, pool, community docks, boat storage, boat ramp, outdoor pavilion with fireplace, plus outdoor seating with fire pit. This mountain paradise has paved roads and underground utilities.

Last Agent to Sell the Property

Colin Kingsbury

Goldmine Realty Group, LLC. License #291879 Listed on: 12/13/2023

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Property Type

  • Land

Lot Details

  • 1.74 Acre Lot
  • Property fronts a private road
  • Corner Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $79 Monthly HOA Fees

Schools

  • Jack P. Nix Elementary School
  • White County Middle School
  • White County High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 047B 059

Community Details

Overview

  • Laceola Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Boating
  • RV or Boat Storage in Community
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: LL61 LD2 LT126 LACEOLA
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Unimproved Land
  • Current Classification: Undeveloped/Zoned Residential
  • Restrictions Requirements: Archit Controls, Deed Restrictions
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Utilities

  • Security: Security Gate
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Boating, RV/Boat Storage, Clubhouse, Community Dock, Fishing, Gated, Homeowners Assoc, Lake, Pool
  • Association Fee: 950
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: LACEOLA

Schools

  • Elementary School: Jack P. Nix
  • Middle School: White County
  • High School: White County

Lot Info

  • Acres: 1.7400
  • Lot: 126
  • Timber: Mixed
  • Land/Lot: 61
  • Section G M D: 2
  • Current Zoning: R
  • Deed Book: 1527
  • Deed Page: 439
  • Plat Book: A
  • Plat Page: 84A
  • Current Use: Vacant
  • Lot Features: Corner Lot
  • Lot Dimensions: XXX
  • Parcel Number: 047B 059
  • Price Acre Dollar: 39367.82
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Tax Info

  • Taxes: 61690.00
  • Assessor Parcel Number: 047B-059
  • Close Date: 2024-05-23
  • Tax Year: 2023

MLS Schools

  • Elementary School: Jack P. Nix
  • High School: White County
  • Middle School: White County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
May 23, 2024
Sold by
Summervill Randy L
Bought by
Hogan Ralph
Seller's Agent
Colin Kingsbury
Goldmine Realty Group, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$79,900
Sold Price
$68,500
Premium/Discount to List
-$11,400
-14.27%
Views
38
Current Estimated Value
$108,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,833
Avg. Annual Appreciation
17.50%

Purchase Details

Closed on
Apr 1, 2014
Sold by
Waterfront Grp Laceola Llc
Bought by
Summervill Randy L and Summervill Andrea L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hogan Ralph $68,500 --
Summervill Randy L $59,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $68,500 -14.3% --
05/07/2024 05/07/24 Pending -- -- --
12/13/2023 12/13/23 For Sale $79,900 -- --
Source: First Multiple Listing Service (FMLS)

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 $542 $26,000 $26,000 $0
2023 $590 $26,000 $26,000 $0
2022 $617 $26,000 $26,000 $0
2021 $536 $20,000 $20,000 $0
2020 $563 $20,000 $20,000 $0
2019 $565 $20,000 $20,000 $0
2018 $565 $20,000 $20,000 $0
2017 $839 $30,000 $30,000 $0
2016 $670 $23,960 $23,960 $0
2015 $640 $59,900 $23,960 $0
2014 $803 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7313553

First Multiple Listing Service (FMLS)

APN: 047B-059