NOT LISTED FOR SALE

160 Cherry Log Summit Dr Cherry Log, GA 30522

Estimated Value: $497,000 - $529,000

2 Beds
2 Baths
1,008 Sq Ft
$506/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $499,000 $495 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,890/month

116 Days on Market

Highlights

  • 3.28 Acre Lot
  • Chalet
  • Wood Burning Stove
  • Mountain View
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2024

Welcome to the Lodge at Cherry Log Summit -- overlooking layered mountain views and perched privately on its own mountain oasis, the combination of rustic charm on the interior and exterior blended with the sprawling outdoor space makes this retreat one that's sure to impress! Complete with two bedroom suites, soaring cathedral ceilings, large stone F/P, gourmet kitchen w/ stainless steel appliances and granite countertops, large dining area, and comfortable furnishings throughout. Lofted bedroom comes complete with perfect reading nook overlooking the Cherry Log mountain ridges. Outside, find the perfect wraparound covered porch, added jacuzzi deck, and steps to a grassy and LEVEL backyard w/ stone fire pit and panoramic mountain views. Less than 5 miles to Downtown Blue Ridge all while perfectly secluded on 3.28 acres. Call today!

Last Agent to Sell the Property

Logan Fitts

Mountain Sotheby's International Realty License #391447 Listed on: 04/26/2024

Last Buyer's Agent

Logan Fitts

Mountain Sotheby's International Realty License #391447 Listed on: 04/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 2002

Lot Details

  • 3.28 Acre Lot
  • Level Lot
  • Private Yard
  • Garden

Home Design

  • Chalet
  • Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Wood Burning Stove
  • Insulated Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Loft
  • Wood Flooring
  • Mountain Views
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

  • Clear Creek - Gilmer Elementary School
  • Clear Creek Middle School
  • Gilmer High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Rental Restrictions

Listing and Financial Details

  • Tax Lot TR 8B
  • Assessor Parcel Number 3105 090C

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,470

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: TR 8B ORMAN STRAWBRIDG
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Chalet
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1008.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Wood
  • Fireplace Features: Wood Burning Stove
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s)
  • Basement: Crawl Space, Partial, Unfinished
  • Kitchen Features: Eat-in Kitchen, Kitchen Island, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Dining Room, Kitchen, Living Room, Loft, Other
  • Square Footage: 1008.00
  • Spa Features: None
  • Window Features: Insulated Windows, Storm Window(s), Wood Frames

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame, Log
  • Roof Type: Metal
  • Patio And Porch Features: Covered, Deck, Wrap Around
  • Exterior Features: Garden, Private Yard
  • View: Mountain(s)
  • Pool Private: No
  • Foundation: None

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Utilities: Cable Available
  • Electric: None

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes

Schools

  • Elementary School: Clear Creek - Gilmer
  • Middle School: Clear Creek
  • High School: Gilmer

Lot Info

  • Acres: 3.2800
  • Lot: TR 8B
  • Land/Lot: 140
  • Section G M D: 1
  • Deed Book: 2404
  • Deed Page: 391
  • Plat Book: 37
  • Plat Page: 38
  • Lot Features: Level
  • Parcel Number: 3105 090C
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2470.00
  • Assessor Parcel Number: 3105-090C
  • Close Date: 2024-09-24
  • Tax Year: 2023

MLS Schools

  • Elementary School: Clear Creek - Gilmer
  • High School: Gilmer
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Sep 24, 2024
Sold by
Arrazola Comas Liliana
Bought by
Segars Corey and Watts Michael Anthony
Seller's Agent
Logan Fitts
Mountain Sotheby's International Realty
Buyer's Agent
Logan Fitts
Mountain Sotheby's International Realty
List Price
$559,000
Sold Price
$499,000
Premium/Discount to List
-$60,000
-10.73%
Views
130
Current Estimated Value
$509,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,696
Avg. Annual Appreciation
2.14%
Original Mortgage
$399,200
Outstanding Balance
$395,003
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$114,693

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 12, 2021
Sold by
Jewell Nancy E
Bought by
Comas Rafael Eduardo and Arazola Comas Liliana
Seller's Agent
Renee Morse
REMAX Town & Country - BR Downtown
Buyer's Agent
Ashley Howdershelt
Crye-Leike South, Inc
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$342,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2020
Closed on
May 11, 2020
Sold by
Jarad Gignilliat Llc
Bought by
Jewell Nancy E
Seller's Agent
Janet Wooten
REMAX Town & Country - BR Downtown
Buyer's Agent
Holly Cox
North Georgia Mountain Realty
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.61%
Original Mortgage
$251,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2020
Sold by
Rader Richard G
Bought by
Jarad Gignilliat Llc

Purchase Details

Closed on
Sep 9, 2005
Sold by
Lange James S
Bought by
Rader Richard G and Rader Joyce B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2003
Sold by
Gignilliat Jarad
Bought by
Lange James S and Lange Debbie J
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
Segars Corey $499,000 --
Comas Rafael Eduardo $385,000 --
Jewell Nancy E $265,000 --
Jarad Gignilliat Llc $165,000 --
Rader Richard G $170,000 --
Lange James S $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segars Corey $399,200
Previous Owner Comas Rafael Eduardo $342,000
Previous Owner Jewell Nancy E $251,750
Previous Owner Rader Richard G $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $499,000 -3.1% $495 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $515,000 -4.5% $511 / Sq Ft
05/27/2024 05/27/24 Price Changed $539,000 -3.6% $535 / Sq Ft
04/26/2024 04/26/24 For Sale $559,000 +45.2% $555 / Sq Ft
07/12/2021 07/12/21 Sold $385,000 0.0% $382 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $385,000 +45.3% $382 / Sq Ft
05/11/2020 05/11/20 Sold $265,000 0.0% $263 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $265,000 -- $263 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $2,259 $145,792 $25,160 $120,632
2023 $2,245 $140,352 $19,720 $120,632
2022 $2,040 $115,912 $18,800 $97,112
2021 $1,523 $85,640 $13,720 $71,920
2020 $1,460 $66,360 $13,400 $52,960
2019 $1,305 $57,640 $10,720 $46,920
2018 $1,322 $57,640 $10,720 $46,920
2017 $1,033 $42,000 $8,080 $33,920
2016 $1,073 $42,760 $8,080 $34,680
2015 $1,079 $43,760 $9,160 $34,600
2014 $1,108 $43,240 $9,160 $34,080
2013 -- $43,520 $9,160 $34,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7376734

First Multiple Listing Service (FMLS)

APN: 3105-090C