NOT LISTED FOR SALE

176 Elm Ln Rabun Gap, GA 30568

Estimated Value: $323,987 - $393,000

2 Beds
2 Baths
1,015 Sq Ft
$362/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $87,900 $87 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $2,155/month

108 Days on Market

Highlights

  • Community Lake
  • Great Room
  • Park
  • Rabun County High School Rated 9+

About This Home

As of August 2014

Located almost at the top of Sylvan Lake Falls development is the lovely mountain cottage just waiting for your touch! One owner family who have enjoyed being in Rabun County, but are now moving on to new adventures this home has been loved. Large living/dining/kitchen with masonry stone fireplace, wonderful rocking chair front porch which takes in the views of Wolffork Valley and the mountains to the north. Two bedrooms on main with full bath, good closet space, bath with shower on lower level. Separate storage building/workshop. Lots to talk about, must see.

Last Listed By

Gail Hopper

Poss Realty License #153512 Listed on: 03/29/2014

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,289

Year Built

  • 1973

Lot Details

  • 0.46

Interior Spaces

  • Great Room

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction
  • Finished Basement Bathroom
  • Crawl Space
  • Natural lighting in basement

Schools

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

Utilities

  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Community Lake

Recreation

  • Park

Property Details

Home Type

Other

Est. Annual Taxes

$1,289

Year Built

1973

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1973

Interior Features

  • Fireplace(s): 1, In Living Room, Masonry
  • Basement: Bath Finished, Block, Crawlspace, Daylight, Inside Entrance, Outside Entrance, Partial
  • Equipment: Dryer, Washer
  • Kitchen Equipment: Dishwasher, Range/Oven, Refrigerator
  • Interior Amenities: Bookcases, Wall-to-wall Carpet
  • Laundry Location: Basement
  • Laundry Type: Room
  • Total Finished Sq Ft: 1015
  • Unfinished Below Grade Sq Ft: 1015
  • Kitchen / Breakfast: Country Kitchen

Exterior Features

  • Construction: Wood Siding
  • Exterior Features: Balcony, Porch
  • Roof Type: Composition

Garage/Parking

  • Parking: Drive Under/Basement

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Propane
  • Heating: Forced Air
  • Energy Features: Electric Water Heater
  • Water/Sewer: Private Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Fee Frequency: Annual
  • Fees Include: Private Roads, Water

Association/Amenities

  • Amenities: Lake, Park

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: Mountain View
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2019
Sold by
Cobb W Neal
Bought by
Mcgrane Margaret D
Total Days on Market
108
Current Estimated Value
$367,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Outstanding Balance
$160,941
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$189,157

Purchase Details

Listed on
Mar 29, 2014
Closed on
Aug 15, 2014
Sold by
Baggett Martha J
Bought by
Cobb W Neal and Cobb Betty H
Seller's Agent
Gail Hopper
Poss Realty
Buyer's Agent
Gail Hopper
Poss Realty
List Price
$102,000
Sold Price
$87,900
Premium/Discount to List
-$14,100
-13.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$57,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1976
Bought by
Baggett Martha J

Purchase Details

Closed on
Aug 1, 1967

Range of Values:

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Average Value
Not Available
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
Mcgrane Margaret D $189,000 --
Mcgrane Margaret D $189,000 --
Cobb W Neal $87,900 --
Cobb W Neal $87,900 --
Baggett Martha J $30,000 --
Baggett Martha J $30,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrane Margaret D $179,550
Closed Mcgrane Margaret D $179,550
Previous Owner Cobb W Neal $57,000
Previous Owner Baggett Martha J $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $87,900 -13.8% $87 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $102,000 -- $100 / 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 $1,289 $80,332 $16,800 $63,532
2023 $1,336 $73,017 $16,800 $56,217
2022 $1,249 $68,246 $14,000 $54,246
2021 $1,082 $57,717 $13,500 $44,217
2020 $1,024 $52,787 $13,500 $39,287
2019 $680 $34,827 $13,500 $21,327
2018 $683 $34,827 $13,500 $21,327
2017 $645 $34,292 $13,500 $20,792
2016 $646 $34,292 $13,500 $20,792
2015 $645 $33,502 $13,500 $20,002
2014 $464 $37,224 $15,000 $22,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07244252

Georgia MLS

APN: 041A-127