NOT LISTED FOR SALE

1479 Timpson Cove Rd Clayton, GA 30525

Estimated Value: $1,430,000 - $3,347,939

5 Beds
5 Baths
2,714 Sq Ft
$814/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $1,900,000 $700 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,275/month

410 Days on Market

Highlights

  • Marina
  • Dining Room Seats More Than Twelve
  • Loft
  • Boathouse includes two slips
  • Stationary Dock
  • Great Room

About This Home

As of August 2015

Lovely Lake Burton home designed for outdoor entertaining and laidback everyday living. House design takes advantage of breathtaking views and beautifully manicured grounds on 2.37 ac. Open great room with stone fireplace, kitchen with granite countertops and picture windows, large screened porch, master on main with lake and mountain views, office loft with 2 BD and half bath. Terrace level features family room with fireplace, kitchen, 2 bedrooms and 2 full baths. 2-stall boathouse and unique lakeside gazebo for watching sunsets.

Last Agent to Sell the Property

Julie Barnett

Mountain Sotheby's International License #271468 Listed on: 05/08/2014

Mountain Sotheby's International

Last Buyer's Agent

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201

Ansley RE | Christie's Int'l RE

Property Details

Home Type

  • Other

Year Built

  • 1997

Lot Details

  • 2.37

Home Design

  • Ceiling Insulation

Interior Spaces

  • Great Room
  • Dining Room Seats More Than Twelve
  • Den
  • Library
  • Loft
  • Fire and Smoke Detector
  • Basement

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Boathouse includes two slips
  • Stationary Dock

Schools

  • Rabun County / Rabun / Rabun County Elementary And Middle School
  • Rabun County / Rabun / Rabun County High School

Utilities

  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Marina

Property Details

Home Type

Other

Year Built

1997

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1997

Interior Features

  • Fireplace(s): 2, In Basement, In Great/Family Room, Masonry
  • Basement: Concrete
  • Equipment: Smoke/Fire Alarm, Dryer, Washer
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Garbage Disposal, Built-In Microwave, Wall Oven, Refrigerator, Trash Compactor
  • Feature Name: Lake Burton
  • Interior Amenities: Bookcases, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Gas Logs, Hardwood Floors, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Wet Bar, Whirlpool Bath
  • Laundry Location: Kitchen Area
  • Laundry Type: Closet
  • Below Grade Finished Sq Ft: 1632
  • Kitchen / Breakfast: Breakfast Bar, Second Kitchen, Solid Surface Counters
  • Above Grade Finished Sq Ft: 2714

Exterior Features

  • Boathouse/Dock: Boathouse - 2 Slip, Seawall, Stationary Dock
  • Construction: Wood Siding
  • Exterior Features: Deck/Patio, Fenced Yard, Garden Area, Gazebo, Screen Porch, Workshop
  • Roof Type: Composition
  • Waterfront Type: Utility Company Controlled, Water View, Waterfront

Garage/Parking

  • Parking: 2 Car, Detached, Garage, Kitchen Level Entry, Storage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Propane
  • Heating: Forced Air, Zoned/Dual
  • Energy Features: Ceiling Insulation, Programmable Thermostat, Electric Water Heater
  • Water/Sewer: Septic Tank, Well

Association/Amenities

  • Amenities: Marina

Schools

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

Lot Info

  • Lot Description: Level Lot, Mountain View, Private Backyard
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Aug 5, 2015
Sold by
Fink Robert N
Bought by
Fink Gunilla
Seller's Agent
Julie Barnett
Mountain Sotheby's International
Buyer's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
List Price
$2,250,000
Sold Price
$1,900,000
Premium/Discount to List
-$350,000
-15.56%
Current Estimated Value
$2,209,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,646
Avg. Annual Appreciation
1.47%
Original Mortgage
$1,425,000
Outstanding Balance
$1,085,693
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$1,123,953

Purchase Details

Closed on
Jul 1, 1993
Bought by
Fink Gunilla

Purchase Details

Closed on
May 1, 1993

Purchase Details

Closed on
Jul 1, 1980
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fink Gunilla $1,900,000 --
Fink Gunilla $1,900,000 --
Nivens J Allen $1,900,000 --
Nivens J Allen $1,900,000 --
Fink Gunilla $140,000 --
Fink Gunilla $140,000 --
-- -- --
-- -- --
-- $70,000 --
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nivens J Allen $1,425,000
Closed Nivens J Allen $1,425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2015 08/05/15 Sold $1,900,000 -7.3% $700 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
05/18/2015 05/18/15 Price Changed $2,050,000 -4.7% $755 / Sq Ft
02/12/2015 02/12/15 Price Changed $2,150,000 -4.4% $792 / Sq Ft
05/08/2014 05/08/14 For Sale $2,250,000 -- $829 / 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
2025 $7,972 $496,667 $0 $496,667
2024 $7,546 $470,176 $0 $470,176
2023 $6,273 $342,746 $0 $342,746
2022 $6,047 $330,395 $0 $330,395
2021 $5,510 $293,877 $0 $293,877
2020 $5,563 $286,802 $0 $286,802
2019 $5,602 $286,802 $0 $286,802
2018 $5,622 $286,802 $0 $286,802
2017 $5,392 $286,802 $0 $286,802
2016 $2,877 $152,630 $0 $152,630
2015 $2,697 $142,030 $0 $142,030
2014 $2,711 $142,030 $0 $142,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07266621

Georgia MLS

APN: LB12-033-L