NOT LISTED FOR SALE

188 Magnolia Place Trail Unit H-12 Clayton, GA 30525

Estimated Value: $970,905 - $1,372,000

3 Beds
5 Baths
3,256 Sq Ft
$357/Sq Ft Est. Value

Last Sold August 18, 2015

Last sale price $411,000 $126 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $6,999/month

285 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Clubhouse
  • Gated Community
  • Dining Room Seats More Than Twelve
  • Guest Suites

About This Home

As of August 2015

REDUCED over 28% for closing now!!! In Waterfall at Lake Burton. House is well kept, but needs a family to love it. Offered furnished. Lovely views from two decks and screened porch. Almost finished terrace level adds value.Spacious rooms. Sleeps 11 as is. Gated & staffed entry.Memberships to club available for amenity use. Can be a part of the Waterfall lease program if you wish to have income from this light and airy home in the trees over the lake. Call agent for entry through gates and to set appointment.

Last Agent to Sell the Property

Lynda Hester

Rabun Realty License #85751 Listed on: 10/16/2014

Last Buyer's Agent

Evelyn Heald

BHHS Georgia Properties License #333697

BHHS Georgia Properties

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,231

Year Built

  • 2004

Lot Details

  • 0.33

Home Design

  • Ceiling Insulation

Interior Spaces

  • Double Pane Windows
  • Great Room
  • Dining Room Seats More Than Twelve
  • Den
  • Library
  • Loft
  • Bonus Room

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Alarm System
  • Fire and Smoke Detector

Schools

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

Utilities

  • Programmable Thermostat
  • Underground Utilities
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Clubhouse
  • Guest Suites

Recreation

  • Golf Course Community
  • Tennis Courts
  • Exercise Course
  • Community Pool
  • Park

Additional Features

  • Security
  • Gated Community

Property Details

Home Type

Other

Est. Annual Taxes

$6,231

Year Built

2004

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2004

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter
  • Basement: Bath Stubbed, Daylight, Inside Entrance, Outside Entrance, Full
  • Equipment: Burglar Alarm, Smoke/Fire Alarm, Dryer, Washer
  • Kitchen Equipment: Dishwasher, Icemaker Line, Indoor Grill, Built-In Microwave, Range/Oven, Refrigerator
  • Feature Name: Lake Burton
  • Interior Amenities: Bookcases, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, Exposed Beams, 2 Story Foyer, Garden Tub, Gas Logs, Hardwood Floors, Separate Shower, Tile Bath, Walk-in Closet, Wall-to-wall Carpet, Whirlpool Bath
  • Laundry Location: Mud Room
  • Laundry Type: Room
  • Unfinished Below Grade Sq Ft: 1796
  • Kitchen / Breakfast: Breakfast Bar, Country Kitchen, Island, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 3256

Exterior Features

  • Construction: Concrete Siding
  • Exterior Features: Balcony, Deck/Patio, Gas Grill, Screen Porch
  • Roof Type: Composition
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage, Side/Rear Entrance, Storage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Heat Pump, Zoned/Dual
  • Heating Fuel: Electric, Propane
  • Heating: Central, Heat Pump, Zoned/Dual
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Programmable Thermostat, Electric Water Heater
  • Water/Sewer: Private Sewer, Private Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 1500
  • HOA Fee Frequency: Annual
  • Fees Include: Private Roads, Reserve Fund, Security

Association/Amenities

  • Amenities: Clubhouse, Gated Community, Golf Course, Guest Lodging, Lake, Neighborhood Association, Park, Physical Fit Facilities, Pool, Security, Street Lights, Tennis Courts, Underground Utilities

Schools

  • Elementary School: Rabun County / Rabun / Rabun County, GA
  • Elementary Bus Line: Yes
  • High School: Rabun County / Rabun / Rabun County, GA
  • High School Bus: Yes
  • Middle School: Rabun County / Rabun / Rabun County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Cul De Sac, Mountain View, Sloping
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
Deguzman Rafael
Bought by
Deguzman Rafael and De Guzman Yazmin
Current Estimated Value
$1,163,226

Purchase Details

Closed on
Aug 1, 2022
Sold by
Wehmann Thomas
Bought by
Deguzman Rafael De

Purchase Details

Closed on
Oct 22, 2021
Sold by
Wehmann Thomas
Bought by
Wehmann Thomas and Wehmann Monica Mullis

Purchase Details

Closed on
Apr 16, 2021
Sold by
Queen C Richard
Bought by
Wehmann Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2014
Closed on
Aug 18, 2015
Sold by
Stamper Fam Trust
Bought by
Queen C Richard and Queen Jan B
Seller's Agent
Lynda Hester
Rabun Realty
Buyer's Agent
Evelyn Heald
BHHS Georgia Properties
List Price
$599,000
Sold Price
$411,000
Premium/Discount to List
-$188,000
-31.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%

Purchase Details

Closed on
Jul 8, 2005
Sold by
M Homes Llc
Bought by
Stamper Marshall B and Stamper Nell B

Purchase Details

Closed on
Sep 1, 2003
Bought by
Stamper Marshall B
Source: Public Records

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
Deguzman Rafael -- --
Deguzman Rafael -- --
Deguzman Rafael De $825,000 --
Deguzman Rafael De $825,000 --
Wehmann Thomas -- --
Wehmann Thomas -- --
Wehmann Thomas $675,000 --
Wehmann Thomas $675,000 --
Queen C Richard $411,000 --
Queen C Richard $411,000 --
Stamper Marshall B $649,000 --
Stamper Marshall B $649,000 --
M Homes Llc -- --
M Homes Llc -- --
Stamper Marshall B $180,000 --
Stamper Marshall B $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wehmann Thomas $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2015 08/18/15 Sold $411,000 -4.2% $126 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
07/16/2015 07/16/15 Price Changed $429,000 -28.4% $132 / Sq Ft
03/13/2015 03/13/15 For Sale $599,000 +45.7% $184 / Sq Ft
03/13/2015 03/13/15 Off Market $411,000 -- --
10/16/2014 10/16/14 For Sale $599,000 -- $184 / 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 $6,231 $388,236 $24,000 $364,236
2023 $4,781 $271,134 $24,000 $247,134
2022 $4,784 $261,351 $24,000 $237,351
2021 $4,106 $218,990 $24,000 $194,990
2020 $4,101 $211,435 $24,000 $187,435
2019 $3,152 $161,344 $24,000 $137,344
2018 $3,163 $161,344 $24,000 $137,344
2017 $3,033 $161,344 $24,000 $137,344
2016 $3,042 $161,344 $24,000 $137,344
2015 $2,966 $154,013 $24,000 $130,013
2014 $3,685 $190,342 $36,000 $154,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07351850

Georgia MLS

APN: 014C-120