NOT LISTED FOR SALE

138 Landing Ln Clayton, GA 30525

Estimated Value: $1,680,000 - $2,424,000

4 Beds
2 Baths
2,032 Sq Ft
$1,079/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $675,000 $332 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $12,238/month

579 Days on Market

Highlights

  • Marina
  • Lake On Lot
  • Recreation Room
  • Boathouse includes two slips
  • Community Lake

About This Home

As of December 2013

FEE SIMPLE OPEN, BRIGHT FLOOR PLAN-VAULTED CEILING-2 STORY STONE FIREPLACE W/BOOKEND WALL OF WINDOWS-FULL LENGTH DECK-AFFORDABLE SIMPLISTIC, RELAXED LAKE LIVING.

Last Agent to Sell the Property

Julie Barnett

Harry Norman REALTORS License #271468 Listed on: 03/28/2012

Harry Norman REALTORS

Last Buyer's Agent

Carolyn Bacon

Poss Realty License #242975

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,406

Year Built

  • 1990

Lot Details

  • 0.39

Home Design

  • Slab Foundation

Interior Spaces

  • Recreation Room
  • Bonus Room

Outdoor Features

  • Boathouse includes two slips
  • Lake On Lot

Utilities

  • Community Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 25

Community Details

Overview

  • Community Lake

Recreation

  • Marina

Property Details

Home Type

Other

Est. Annual Taxes

$7,406

Year Built

1990

Lot Details

0

Listing Details

  • District: 5
  • Property Setting: Lake
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Masonry
  • Lower Level Bedroom: 1
  • Main Floor Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher, Range/Oven, Refrigerator
  • Feature Name: Lake Burton
  • Interior Amenities: Entrance Foyer, Wall-to-wall Carpet
  • Laundry Location: Hall
  • Laundry Type: Closet
  • Below Grade Finished Sq Ft: 980
  • Kitchen / Breakfast: Breakfast Bar
  • Above Grade Finished Sq Ft: 2032

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio
  • Boathouse/Dock: Boathouse - 2 Slip
  • Construction: Wood Siding
  • Waterfront Type: Water View

Garage/Parking

  • Parking: 1 Car, Attached, Garage

Utilities

  • Cooling Fuel: Electric
  • Heating Fuel: Electric, Gas, Propane
  • Heating: Forced Air
  • Energy Features: Electric Water Heater
  • Water/Sewer: Community Well, Septic Tank

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: Level Lot
  • Lot Size: 1/3 - 1/2 Acre
  • Land Lot: 103
  • Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2012
Closed on
Dec 6, 2013
Sold by
May Gary
Bought by
Ustinowich Edward and Ustinowich Dolores
Seller's Agent
Julie Barnett
Harry Norman REALTORS
Buyer's Agent
Carolyn Bacon
Poss Realty
List Price
$895,000
Sold Price
$675,000
Premium/Discount to List
-$220,000
-24.58%
Current Estimated Value
$2,192,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,517,023
Avg. Annual Appreciation
10.49%
Original Mortgage
$472,500
Outstanding Balance
$333,905
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,859,239

Purchase Details

Closed on
Jun 7, 2013
Sold by
Mountain Heritage Bank
Bought by
First American Bank & Trust

Purchase Details

Closed on
Oct 1, 1995
Bought by
Darnold Kay and Gary May

Purchase Details

Closed on
Jan 1, 1992

Purchase Details

Closed on
Dec 1, 1990

Purchase Details

Closed on
May 1, 1990
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
Ustinowich Edward $675,000 --
Ustinowich Edward $675,000 --
First American Bank & Trust -- --
First American Bank & Trust -- --
Darnold Kay $310,000 --
Darnold Kay $310,000 --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- $106,000 --
-- $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ustinowich Edward $472,500
Closed Ustinowich Edward $472,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2013 12/06/13 Sold $675,000 -10.0% $332 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
08/09/2013 08/09/13 Price Changed $750,000 -6.1% $369 / Sq Ft
03/01/2013 03/01/13 Price Changed $799,000 -10.7% $393 / Sq Ft
03/28/2012 03/28/12 For Sale $895,000 -- $440 / 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 $7,406 $461,423 $300,000 $161,423
2023 $6,876 $375,675 $240,000 $135,675
2022 $6,746 $368,581 $240,000 $128,581
2021 $6,098 $325,247 $210,000 $115,247
2020 $6,049 $311,870 $210,000 $101,870
2019 $6,092 $311,870 $210,000 $101,870
2018 $6,035 $307,870 $206,000 $101,870
2017 $5,675 $301,870 $200,000 $101,870
2016 $5,691 $301,870 $200,000 $101,870
2015 $5,765 $299,361 $200,000 $99,361
2014 $5,227 $299,361 $200,000 $99,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 03207725

Georgia MLS

APN: LB01-118