NOT LISTED FOR SALE

178 Faraday Dr Ellijay, GA 30540

Estimated Value: $603,911 - $674,000

3 Beds
3 Baths
1,876 Sq Ft
$341/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $575,000 $307 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,830/month

79 Days on Market

Highlights

  • Gated Community
  • Deck
  • Wood Flooring
  • River View
  • Cathedral Ceiling
  • Furnished

About This Home

As of September 2022

HUGE Price Reduction of $80,000! Dont miss your chance at this Charming RIVERFRONT Cabin being Sold Fully Furnished! Would make Great Vacation Rental, Second Home, or Full Time Home! This Cabin has a great layout with open concept living area/dining/kitchen w/floor-to-ceiling wood burning fireplace, plenty of windows providing lots of natural light, one bedroom and one full bathroom on each level, and Laundry on two levels- Upper Level includes Large Loft, Master Suite and Private Deck. The Terrace Level has a great Mother-in-law suite/Apartment complete w/ second kitchen and Unfinished area in basement that is ready to be customized! Great River Lot that also includes small branch and magical playhouse on the property! Cabin is not in the flood plain. MOTIVATED SELLER. Located in sought after Coosawattee River resort~ Amenties include gated access, indoor & outdoor pools, tennis, basketball, stocked fishing pond, fitness center and more!

Last Agent to Sell the Property

The Fountain Team

REMAX Town & Country - Ellijay Brokerage Phone: 7065157653 License #352669 Listed on: 08/29/2022

REMAX Town & Country - Ellijay

Last Buyer's Agent

Christopher Hall

REMAX Town & Country - BR Downtown

REMAX Town & Country - BR Downtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,577

Year Built

  • Built in 2002

Lot Details

  • 0.59 Acre Lot
  • River Front
  • Garden

Home Design

  • Cabin
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,876 Sq Ft Home
  • Furnished
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Flooring
  • River Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Laundry in Basement

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 2378
  • Assessor Parcel Number 3067AD 002

Community Details

Overview

  • Property has a Home Owners Association
  • Coosawattee Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,577

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2002
  • Property Sub Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 0.59
  • Road Surface Type: Gravel
  • Water Body Name: Coosawattee
  • Subdivision Name: Coosawattee
  • Architectural Style: Cabin, Country/Rustic
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 7065157653
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher, Disposal, Washer, Dryer
  • Has Basement: Finished, Partial, Full, See Remarks
  • Furnished: Furnished
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Vented
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Sheetrock, Wood
  • Living Area: 1876
  • Main Level Bedrooms: 1
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Metal
  • View: Year Round, River
  • Pool Features: Community
  • Topography: Wooded,Level,Sloping,Rolling
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden, Private Yard
  • Other Structures: Workshop
  • Patio And Porch Features: Front Porch, Deck, Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Main Level, In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Fitness Center, Gated, Pool
  • Senior Community: No
  • Association Fee: 900
  • Association: Yes

Schools

  • Junior High Dist: Gilmer County

Lot Info

  • Lot Size Sq Ft: 25700.4
  • Parcel #: 3067AD 002
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 2378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Sep 27, 2022
Sold by
Walker John Clark
Bought by
Milmar Post Buildings Llc
Seller's Agent
The Fountain Team
REMAX Town & Country - Ellijay
Buyer's Agent
Christopher Hall
REMAX Town & Country - BR Downtown
List Price
$619,000
Sold Price
$575,000
Premium/Discount to List
-$44,000
-7.11%
Current Estimated Value
$639,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,478
Avg. Annual Appreciation
3.88%
Original Mortgage
$431,250
Outstanding Balance
$416,528
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$222,950

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jun 10, 2015
Sold by
Brown Louisa D
Bought by
Walker John Clark and Walker Linda A
Seller's Agent
Cindy West
REMAX Town & Country - Ellijay
Buyer's Agent
Chad Lariscy
Keller Williams Realty Partners - Blairsville
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$228,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2009
Sold by
Brown Louisa D
Bought by
Brown Louisa D

Purchase Details

Closed on
Aug 29, 2003
Sold by
Bassett Shannon
Bought by
Brown Louisa D

Purchase Details

Closed on
Jul 29, 2002
Sold by
Flint Timber
Bought by
Bassett Shannon

Purchase Details

Closed on
Jan 1, 1998
Bought by
Appalachian Heritage
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
Milmar Post Buildings Llc $575,000 --
Walker John Clark $285,000 --
Brown Louisa D $379,000 --
Brown Louisa D $193,000 --
Bassett Shannon $32,000 --
Appalachian Heritage $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milmar Post Buildings Llc $431,250
Previous Owner Walker John Clark $228,000
Previous Owner Brown Louisa D $125,000
Previous Owner Brown Louisa D $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Off Market $575,000 -- --
09/27/2022 09/27/22 Sold $575,000 -7.1% $307 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $619,000 0.0% $330 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $619,000 -0.1% $330 / Sq Ft
06/22/2022 06/22/22 Price Changed $619,900 -4.6% $330 / Sq Ft
06/11/2022 06/11/22 For Sale $649,900 +128.0% $346 / Sq Ft
06/10/2015 06/10/15 Sold $285,000 0.0% $152 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $285,000 -- $152 / Sq Ft
Source: Northeast Georgia 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 $3,577 $230,876 $32,280 $198,596
2023 $3,693 $230,876 $32,280 $198,596
2022 $3,092 $175,676 $24,000 $151,676
2021 $2,575 $129,756 $17,600 $112,156
2020 $2,391 $108,720 $17,600 $91,120
2019 $2,461 $108,680 $17,600 $91,080
2018 $2,453 $106,920 $15,840 $91,080
2017 $2,342 $95,200 $19,360 $75,840
2016 $2,189 $87,200 $10,560 $76,640
2015 $564 $74,600 $16,880 $57,720
2014 -- $67,000 $19,200 $47,800
2013 -- $67,560 $19,200 $48,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 315543

Northeast Georgia Board of REALTORS®

APN: 3067AD-002