NOT LISTED FOR SALE

137 Majestic Way Morganton, GA 30560

Estimated Value: $574,000 - $689,000

2 Beds
2 Baths
2,340 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $263,000 $112 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,595/month

83 Days on Market

Highlights

  • Heated Spa
  • Deck
  • Cathedral Ceiling
  • Gated Community
  • Wooded Lot
  • Wood Flooring

About This Home

As of May 2018

Very successful rental income property! Want to enjoy a cabin in the mountains that helps to pay for itself - look no more! This 2BR/2BA real log home is extremely private and comes turn key - just bring your jammies and snuggle up in front of the wood fireplace or relax in the hot tub after a day of exploring Blue Ridge. Bonus loft area and finished basement give plenty of room for the entire family. Can you smell the S'mores roasting over the fire in your outdoor firepit? Hurry!

Last Agent to Sell the Property

Bill and Cyndi Daves

RE/MAX Town & Country License #281904 Listed on: 01/11/2018

RE/MAX Town & Country

Last Buyer's Agent

Bill and Cyndi Daves

RE/MAX Town & Country License #281904 Listed on: 01/11/2018

RE/MAX Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 2003

Lot Details

  • 1.32 Acre Lot
  • Wooded Lot
  • Property is in excellent condition

Parking

  • Open Parking

Home Design

  • Log Cabin
  • Wood Walls
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Heated Spa
  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Majestic Mountains Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 0022 1201M
  • $150 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,025

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence,Residential
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.32
  • Road Surface Type: Paved
  • Subdivision Name: Majestic Mountains
  • Directions: From 515 and 60 take Hwy 60 South. LEFT at Stop sign. RIGHT on Hwy 60. RIGHT on Old Dial Rd. Stay straight onto Padena Rd. RIGHT on Antioch Cemetery Rd. Road turns gravel, LEFT on Majestic Lane, go thru gate (code needed). At "T" go LEFT on Majestic Way to the house on LEFT.
  • Architectural Style: Log, Other
  • Unit Levels: Two
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Spa Features: Heated
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Microwave, Washer, Dishwasher, Range, Refrigerator, Dryer
  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Great Room
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, Wood Ceiling(s), Ceiling Fan(s), Wood Walls
  • Living Area: 2340

Exterior Features

  • Lot Features: Wooded
  • View: Excellent View
  • View: Yes
  • Construction Type: Log
  • Exterior Features: Other
  • Patio And Porch Features: Deck/Patio, Porch
  • Property Condition: Excellent
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Gravel

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated

Schools

  • Junior High Dist: Fannin

Lot Info

  • Lot Size Sq Ft: 57499.2
  • Parcel #: 0022 1201M
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Other Annual Assessment Amount: 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
May 4, 2018
Sold by
Majestic
Bought by
Lowe Rachael and Lowe Thomas Edward
Seller's Agent
Bill and Cyndi Daves
RE/MAX Town & Country
Buyer's Agent
Bill and Cyndi Daves
RE/MAX Town & Country
List Price
$269,000
Sold Price
$263,000
Premium/Discount to List
-$6,000
-2.23%
Current Estimated Value
$646,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,146
Avg. Annual Appreciation
12.88%
Original Mortgage
$210,400
Outstanding Balance
$181,161
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$464,985

Purchase Details

Closed on
May 13, 2016
Sold by
Gage Charlie E
Bought by
Majestic Mountain Cabin Llc

Purchase Details

Listed on
Oct 30, 2014
Closed on
May 22, 2015
Sold by
Fishman Larry
Bought by
Cage Charlie E
Seller's Agent
Ami Terry
REMAX Town & Country - BR Appalachian
Buyer's Agent
Meg Johnstone
North Georgia Mountain Realty
List Price
$204,800
Sold Price
$204,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$184,320
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
Hawkins Joan
Bought by
Fishman Larry and Fishman Mindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2003
Sold by
East Ronald R & David T
Bought by
Hawkins Joan
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
Lowe Rachael $263,000 --
Majestic Mountain Cabin Llc -- --
Cage Charlie E $204,800 --
Fishman Larry $273,500 --
Hawkins Joan $194,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Rachael $210,400
Previous Owner Cage Charlie E $184,320
Previous Owner Fishman Larry $218,400
Previous Owner Fishman Larry $27,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $263,000 -2.2% $112 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $269,000 +31.3% $115 / Sq Ft
05/22/2015 05/22/15 Sold $204,800 0.0% $88 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $204,800 -- $88 / Sq Ft
Source: Mountain Lakes Board of REALTORS®

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 $2,025 $220,999 $21,120 $199,879
2023 $1,823 $178,768 $21,120 $157,648
2022 $1,842 $180,714 $21,120 $159,594
2021 $1,275 $90,922 $21,120 $69,802
2020 $1,296 $90,922 $21,120 $69,802
2019 $1,321 $90,922 $21,120 $69,802
2018 $1,359 $88,205 $21,120 $67,085
2017 $1,587 $89,718 $21,120 $68,598
2016 $1,391 $86,304 $21,120 $65,184
2015 $1,704 $96,036 $21,120 $74,916
2014 $1,842 $103,930 $21,120 $82,810
2013 -- $84,237 $21,120 $63,117
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Daves Team

    RE/MAX

    Section Image

  • A

    Seller's Agent in 2015

    Ami Terry

    RE/MAX

  • Meg Johnstone

    Buyer's Agent in 2015

    Meg Johnstone

    North Georgia Mountain Realty

    (706) 633-4232

    5 in this area

    28 Total Sales

    Meg Johnstone
    Section Image
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Map

Source: Mountain Lakes Board of REALTORS®

MLS Number: 127966

APN: 0022-1201M

Georgia Fannin County Morganton 30560

137 Majestic Way, Morganton, GA

This home is located at 137 Majestic Way, Morganton, GA 30560 since 11 January 2018 and is currently estimated at $646,146, approximately $276 per square foot. This property was built in 2003. 137 Majestic Way is a home located in Fannin County with nearby schools including Fannin County High School.

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