$499,000
$100K PRICE DROP

228 Varnes Ln Lakemont, GA 30552

Estimated payment $2,701/month

Total Views 7,219
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Wood Siding
  • Energy-Efficient Appliances
  • Ceiling Fan

About This Home

TOTALLY RENOVATED AND UPGRADED - NEW FLOORING, NEW DECK, NEW UPGRADED KITCHENS, NEW PAINT IN, NEW GRANITE AND MUCH MORE, GREAT OPPORTUNITY FOR OWNER OCCUPIED OR INVESTOR. FANTASTIC INVESTMENT OPPORTUNITY IN BEAUTIFUL LAKEMONT! CONVENIENTLY LOCATED JUST OFF OF HIGHWAY 441 AND JUST MINUTES FROM LAKE RABUN AND CONSISTS OF 3 RENTED UNITS. THIS PROPERTY WILL PAY FOR ITSELF! . THE PROPERTY IS CURRENTLY ZONED R3 AND THERE IS PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL SHOWINGS MUST BE DURING DUE DILIGENCE.

Listing Agent

Syed Firoz

Virtual Properties Realty.com License #419636 Listed on: 09/20/2024

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $941

Year Built

  • Built in 1962

Parking

  • Parking Pad

Home Design

  • Triplex
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Schools

  • Rabun County Primary/Elementar Elementary School
  • Rabun County Middle School
  • Rabun County High School

Additional Features

  • Energy-Efficient Appliances
  • 0.37 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$941

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • GreenEnergyEfficient: Appliances
  • Levels: Two
  • Lot Size Acres: .37
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Bath Finished, Daylight, Finished, Full

Exterior Features

  • Construction Materials: Block, Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Billing Prorated, Water Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • High School Bus: Yes
  • Middle School: Rabun County
  • Middle School Bus: Yes

Rental Info

  • Owner Pays: Electricity

Tax Info

  • Year: 2023
  • Tax Annual Amount: 941

Multi Family

  • NumberOfUnitsTotal: 3

MLS Schools

  • Elementary Bus Line: Yes

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
2025 $1,436 $89,439 $21,000 $68,439
2024 $613 $38,212 $3,330 $34,882
2023 $977 $53,388 $3,360 $50,028
2022 $938 $51,268 $3,150 $48,118
2021 $541 $28,856 $2,940 $25,916
2020 $491 $25,311 $2,940 $22,371
2019 $494 $25,311 $2,940 $22,371
2018 $496 $25,311 $2,940 $22,371
2017 $476 $25,311 $2,940 $22,371
2016 $477 $25,311 $2,940 $22,371
2015 $466 $24,220 $2,940 $21,280
2014 $460 $23,740 $2,940 $20,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2024 09/21/24 Price Changed $499,000 -16.7% --
09/20/2024 09/20/24 Price Changed $599,000 +7.2% --
09/20/2024 09/20/24 For Sale $559,000 +31.5% --
04/14/2023 04/14/23 Sold $425,000 -32.0% $190 / Sq Ft View Prior Sale
03/16/2023 03/16/23 Pending -- -- --
11/30/2022 11/30/22 For Sale $625,000 -- $280 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $80,900 --
Warranty Deed $80,900 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Source: Georgia MLS

MLS Number: 10382399

Georgia MLS

APN: 046B-005A