NOT LISTED FOR SALE

135 Ray Point Ln Lakemont, GA 30552

Estimated Value: $1,726,000 - $2,490,000

3 Beds
3 Baths
1,808 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $1,651,000 $913 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $12,116/month

5 Days on Market

Highlights

  • Boathouse
  • Marina
  • 2 Boat Docks
  • Rabun County High School Rated 9+
  • Lake Front
  • Community Lake

About This Home

As of March 2023

Enjoy exceptional Lake Rabun views from this fee simple property on big water. This property has paved road access, gated entry, and a 3-car detached garage. The main level of this home features an open kitchen and living area, leading to a spacious covered screened porch to enjoy the Lake Rabun views. Also on the main level is a bedroom and bathroom. Steps to the lower level open to an additional living space that connects to 2 additional bedrooms and bathrooms and a laundry closet. The lower level living space opens to a covered patio which leads to the boathouse and lakefront area. The 2-stall boathouse has a fully covered upper level, and boat lifts, with a newer stone seawall. The location on the lake has one of the best views of the fireworks on the 4th of July, not to mention the incredible views every day!

Last Agent to Sell the Property

The Lake Team

Ansley RE | Christie's Int'l RE License #251201 Listed on: 02/21/2023

Ansley RE | Christie's Int'l RE

Last Buyer's Agent

Nicolaus Poss

Poss Realty License #362941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,481

Year Built

  • Built in 1980

Lot Details

  • 1.66 Acre Lot
  • Lake Front
  • Home fronts a seawall
  • Steep Slope
  • Partially Wooded Lot

Parking

  • 3 Car Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Screened Porch
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Bathtub Includes Tile Surround

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Access To Lake
  • Deep Water Access
  • Water Access Is Utility Company Controlled
  • Boathouse
  • 2 Boat Docks

Schools

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

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Lake Rabun Subdivision
  • Community Lake

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,481

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: 1.66
  • Other Sturctures: Boat House, Garage(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 2
  • Total Finished Area2: 1808
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven (Wall)
  • Bedrooms: 3
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Below Grade Finished Sq Ft: 904
  • Total Finished Sq Ft: 904
  • Above Grade Finished Sq Ft: 904
  • Interior Amenities: Master On Main Level, Tile Bath
  • Full Bathrooms: 3
  • Fireplace Features: Basement, Family Room
  • Flooring: Hardwood, Tile, Vinyl
  • Kitchen Features: Breakfast Area
  • Price Per Square Foot: 91.3163

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • Lot Features: Sloped, Steep Slope
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake, Mountain(s)
  • Waterfront Features: Deep Water Access, Lake, Lake Access, Seawall, Utility Company Controlled

Garage/Parking

  • Parking Features: Detached, Garage
  • ParkingTotal: 3

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Window Unit(s)
  • Heating: Baseboard, Central, Heat Pump
  • Laundry Features: In Basement
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Marina

Fee Information

  • Association Fee Includes: None

Schools

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

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6481

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
1703 Cozumel Condominium Llc
Bought by
Colson Davis Michael
Total Days on Market
5
Current Estimated Value
$2,062,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Outstanding Balance
$1,403,848
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$658,192

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 27, 2023
Sold by
135 Ray Point Llc
Bought by
1703 Cozumel Condominium Llc
Seller's Agent
The Lake Team
Ansley RE | Christie's Int'l RE
Buyer's Agent
Nicolaus Poss
Poss Realty
List Price
$1,549,000
Sold Price
$1,651,000
Premium/Discount to List
$102,000
6.58%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%

Purchase Details

Closed on
Oct 20, 2020
Sold by
Hester James D
Bought by
135 Ray Point Llc

Purchase Details

Closed on
Dec 1, 1996
Bought by
Hester James D

Purchase Details

Closed on
Dec 1, 1976

Purchase Details

Closed on
Nov 1, 1976

Purchase Details

Closed on
Sep 1, 1974

Purchase Details

Closed on
Aug 1, 1974
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
Colson Davis Michael $1,900,000 --
1703 Cozumel Condominium Llc $1,651,000 --
135 Ray Point Llc $1,025,000 --
135 Ray Point Llc $1,025,000 --
Hester James D -- --
Hester James D -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- $1,000 --
-- $1,000 --
-- $14,700 --
-- $14,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colson Davis Michael $1,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $1,651,000 +6.6% $913 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $1,549,000 -- $857 / 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 $6,491 $404,424 $300,000 $104,424
2023 $6,602 $360,728 $280,000 $80,728
2022 $6,481 $354,109 $280,000 $74,109
2021 $6,154 $328,235 $260,000 $68,235
2020 $6,103 $314,670 $260,000 $54,670
2019 $6,146 $314,670 $260,000 $54,670
2018 $6,169 $314,670 $260,000 $54,670
2017 $5,878 $314,670 $260,000 $54,670
2016 $5,894 $314,670 $260,000 $54,670
2015 $5,926 $310,441 $260,000 $50,441
2014 $5,897 $304,600 $260,000 $44,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Lake Team

    Ansley RE | Christie's Int'l RE

    (706) 715-5550

    65 in this area

    104 Total Sales

    The Lake Team
    Section Image
  • Nicolaus Poss

    Buyer's Agent in 2023

    Nicolaus Poss

    Poss Realty

    (706) 782-7133

    18 in this area

    97 Total Sales

    Nicolaus Poss
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10133072

Georgia MLS

APN: LR06-065

Georgia Rabun County Lakemont 30552

135 Ray Point Ln, Lakemont, GA

This home is located at 135 Ray Point Ln, Lakemont, GA 30552 since 21 February 2023 and is currently estimated at $2,062,040, approximately $1,140 per square foot. This property was built in 1980. 135 Ray Point Ln is a home located in Rabun County with nearby schools including Rabun County Primary School and Rabun County High School.

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