NOT LISTED FOR SALE

209 Observation Ln Ellijay, GA 30540

Estimated Value: $661,000 - $757,669

5 Beds
3 Baths
3,066 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $565,000 $184 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,039/month

Highlights

  • Spa
  • Wood Flooring
  • Central Heating and Cooling System
  • Gated Community
  • 1 Fireplace
  • Ceiling Fan

About This Home

As of October 2022

Step into the serenity of this amazing lifestyle surrounded by nature and mountains. If you value privacy, enjoy this no STRs community, You will be taken from the city to CALM from the drive to the gate!! Total privacy at the end of the road. This home will take you to the atmosphere that you desire when you come to the mountains! From the VIEWS and wrap around porch to the CLUB atmosphere with private lake, observation tower, and private heli pad to experience life plus style.

Last Agent to Sell the Property

Valorie Price

Georgia Mountain Living Realty, LLC Brokerage Phone: 8133917485 Listed on: 09/18/2022

Georgia Mountain Living Realty, LLC

Last Buyer's Agent

Kerry Bernard

REMAX Town & Country - Ellijay License #405251

REMAX Town & Country - Ellijay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,141

Year Built

  • Built in 2001

Lot Details

  • 1.46

Home Design

  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 3,066 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Wood Flooring

Kitchen

  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • Driveway
  • Open Parking

Utilities

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

Additional Features

  • Spa
  • 1.46 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 3157B001

Community Details

Overview

  • Property has a Home Owners Association
  • Colbert Mountain Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,141

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2001
  • Property Sub Type: Residential
  • Road Frontage Type: Road
  • Lot Size Acres: 1.46
  • Road Surface Type: Gravel
  • Subdivision Name: Colbert Mountain
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 8133917485
  • Special Features: None

Interior Features

  • Appliances: Range, Cooktop, Microwave
  • Has Basement: Finished, Full
  • Spa Features: Heated
  • Private Spa: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3066
  • Main Level Bedrooms: 2
  • Window Features: Insulated Windows
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Metal
  • Topography: Sloping
  • View: No
  • Waterfront: No
  • Construction Type: Log, Wood Siding, Log Siding
  • Exterior Features: Private Yard
  • Patio And Porch Features: Front Porch, Wrap Around
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Septic Tank
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Community

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated
  • Senior Community: No
  • Association Fee: 3900
  • Association: Yes

Schools

  • Junior High Dist: Gilmer County

Lot Info

  • Lot Size Sq Ft: 63597.6
  • Parcel #: 3157B001
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2022
Closed on
Oct 28, 2022
Sold by
Shugart Kyle Keller
Bought by
Gandini Meghan
Seller's Agent
Valorie Price
Georgia Mountain Living Realty, LLC
Buyer's Agent
Kerry Bernard
REMAX Town & Country - Ellijay
List Price
$589,900
Sold Price
$565,000
Premium/Discount to List
-$24,900
-4.22%
Current Estimated Value
$708,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,917
Avg. Annual Appreciation
8.20%
Original Mortgage
$423,750
Outstanding Balance
$410,964
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$297,953

Purchase Details

Listed on
Mar 19, 2013
Closed on
Jun 14, 2013
Sold by
Capital Asset Management G
Bought by
Shugart Charles Glenn and Shugart Kyle Keller
Seller's Agent
Scott Nichols
Coldwell Banker High Country Realty - Blue Ridge
Buyer's Agent
Shelley Draper
Harry Norman REALTORS - Blue Ridge
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$195,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2012
Closed on
Feb 26, 2013
Sold by
Capital Asset Management G
Bought by
Capital Asset Management Grp L
Seller's Agent
Janice Stover Thomas
Real Estate Around The Mountains, LLC.
Buyer's Agent
Scott Nichols
Coldwell Banker High Country Realty - Blue Ridge
List Price
$128,600
Sold Price
$128,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
361.99%
Original Mortgage
$108,846
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2012
Closed on
Dec 28, 2012
Sold by
Owb Reo Llc
Bought by
Capital Asset Management Grp L
Seller's Agent
Janice Stover Thomas
Real Estate Around The Mountains, LLC.
Buyer's Agent
Scott Nichols
Coldwell Banker High Country Realty - Blue Ridge
List Price
$128,600
Sold Price
$128,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,846
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2012
Sold by
Clifford James
Bought by
Owb Reo Llc

Purchase Details

Closed on
May 16, 2003
Sold by
Clifford James F
Bought by
Observation Lane Llc

Purchase Details

Closed on
Sep 9, 2002
Sold by
Buckhead Leasing Inc
Bought by
Clifford James F

Purchase Details

Closed on
Dec 27, 2000
Sold by
Colbert Mtn Llc
Bought by
Buckhead Leasing Inc

Purchase Details

Closed on
Jun 24, 1999
Sold by
Colbert Mtn Llc
Bought by
Spot Incorporated

Purchase Details

Closed on
Oct 1, 1996
Sold by
Colbert Mtn Llc
Bought by
Colbert Mtn Llc

Purchase Details

Closed on
May 1, 1992
Bought by
Colbert Mtn Llc
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
Gandini Meghan $565,000 --
Shugart Charles Glenn $260,000 --
Capital Asset Management Grp L -- --
Capital Asset Management Grp L $128,600 --
Owb Reo Llc $191,553 --
Observation Lane Llc $340,000 --
Clifford James F -- --
Buckhead Leasing Inc -- --
Spot Incorporated $375,000 --
Colbert Mtn Llc $187,000 --
Colbert Mtn Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandini Meghan $423,750
Previous Owner Shugart Charles Glenn $195,000
Previous Owner Capital Asset Management Grp L $108,846
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Off Market $565,000 -- --
10/31/2022 10/31/22 Sold $565,000 -4.2% $184 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/18/2022 09/18/22 For Sale $589,900 +126.9% $192 / Sq Ft
06/14/2013 06/14/13 Sold $260,000 0.0% $85 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $260,000 +102.2% $85 / Sq Ft
12/28/2012 12/28/12 Sold $128,600 0.0% $42 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $128,600 -- $42 / 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 $3,141 $202,720 $11,600 $191,120
2023 $3,242 $202,720 $11,600 $191,120
2022 $2,913 $165,520 $8,000 $157,520
2021 $2,693 $135,680 $8,000 $127,680
2020 $2,704 $122,920 $8,000 $114,920
2019 $2,784 $122,920 $8,000 $114,920
2018 $2,898 $126,320 $11,400 $114,920
2017 $2,421 $98,400 $11,400 $87,000
2016 $2,523 $100,520 $11,400 $89,120
2015 $2,813 $114,120 $11,400 $102,720
2014 $2,665 $113,240 $11,400 $101,840
2013 -- $91,760 $4,480 $87,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 319873

Northeast Georgia Board of REALTORS®

APN: 3157B-009