NOT LISTED FOR SALE

1351 Tame Turkey Rd Lakemont, GA 30552

Estimated Value: $1,170,000 - $3,177,000

3 Beds
3 Baths
1,479 Sq Ft
$1,300/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $825,000 $558 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $11,254/month

160 Days on Market

Highlights

  • 210 Feet of Waterfront
  • Marina
  • Lake On Lot
  • Rabun County High School Rated 9+
  • Boathouse includes two slips
  • Community Lake

About This Home

As of May 2013

Lake Rabun fee simple cottage with additional acres . Three bedrooms and three baths with additional unfinished area in terrace level for expansion. Well done interior finishes,chef's kitchen,porches and decks offer great ease and comfort. Easy access to 2 story covered boathouse. 210' of shoreline. Additional acres could provide area for guesthouse or children's play area. Great opportunity for lake ownership.

Last Agent to Sell the Property

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 10/09/2012

Ansley RE | Christie's Int'l RE

Last Buyer's Agent

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 10/09/2012

Ansley RE | Christie's Int'l RE

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,919

Year Built

  • 1999

Lot Details

  • 210 Feet of Waterfront

Home Design

  • Slab Foundation

Interior Spaces

  • Combination Dining and Living Room
  • Den

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Boathouse includes two slips
  • Lake On Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 9

Community Details

Overview

  • Community Lake

Recreation

  • Marina

Property Details

Home Type

Other

Est. Annual Taxes

$5,919

Year Built

1999

Lot Details

0

Listing Details

  • District: 5
  • Property Setting: Lake
  • Special Features: None
  • Year Built: 1999

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Great/Family Room, Factory Built
  • Lower Level Bedroom: 1
  • Main Floor Bedrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Basement: Bath Finished, Inside Entrance, Outside Entrance, Finished Rooms, Slab/None
  • Equipment: Dryer, Satellite Dish, Washer
  • Kitchen Equipment: Dishwasher, Built-In Microwave, Range/Oven, Refrigerator
  • Feature Name: Lake Rabun
  • Interior Amenities: Ceilings 9 Ft Plus, Vaulted Ceilings, Entrance Foyer, Hardwood Floors, Separate Shower, Tile Floors, Walk-in Closet
  • Below Grade Finished Sq Ft: 1507
  • Kitchen / Breakfast: Breakfast Area, Island, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 1479

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Fenced Yard, Screen Porch
  • Boathouse/Dock: Boathouse - 2 Slip
  • Construction: Stone, Wood Siding
  • Waterfront Type: Water View, Waterfront
  • Waterfront Frontage: 210

Garage/Parking

  • Parking: 3 Car Or More

Utilities

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

Association/Amenities

  • Amenities: Lake, Marina

Schools

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

Lot Info

  • Lot Description: Sloping, Wooded
  • Lot Size: 5-10 Acres
  • Land Lot: 114
  • Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2012
Closed on
May 20, 2013
Sold by
Stalzer Barbara B
Bought by
Borden John C and Borden Lisa J
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
$1,250,000
Sold Price
$825,000
Premium/Discount to List
-$425,000
-34%
Total Days on Market
160
Current Estimated Value
$1,922,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,097,409
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Jun 1, 1999
Bought by
Daws Clarence N

Purchase Details

Closed on
Feb 1, 1998
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
Borden John C $825,000 --
Borden John C $825,000 --
Daws Clarence N -- --
-- -- --
-- -- --
Daws Clarence N -- --
-- $228,000 --
-- $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borden John J $300,000
Closed Borden John C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $825,000 -17.5% $558 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
02/08/2013 02/08/13 Price Changed $1,000,000 -20.0% $676 / Sq Ft
10/09/2012 10/09/12 For Sale $1,250,000 -- $845 / 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 $5,919 $368,760 $190,000 $178,760
2023 $5,850 $319,646 $170,000 $149,646
2022 $5,728 $312,968 $170,000 $142,968
2021 $5,367 $286,230 $160,000 $126,230
2020 $5,367 $276,692 $160,000 $116,692
2019 $5,405 $276,692 $160,000 $116,692
2018 $5,424 $276,692 $160,000 $116,692
2017 $5,202 $276,692 $160,000 $116,692
2016 $5,216 $276,692 $160,000 $116,692
2015 $5,434 $282,175 $160,000 $122,175
2014 $5,463 $282,175 $160,000 $122,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07003077

Georgia MLS

APN: LR01-030