NOT LISTED FOR SALE

230 Witham Point Lakemont, GA 30552

Estimated Value: $3,729,000 - $6,262,285

4 Beds
4 Baths
-- Sq Ft
2.98 Acres

Last Sold July 29, 2015

Last sale price $3,000,000

Est. 67% increase in value since last sale

Current estimated payment $30,631/month

634 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Marina
  • Community Lake
  • Rabun County High School Rated 9+
  • Boathouse includes two slips
  • Dining Room Seats More Than Twelve

About This Home

As of July 2015

Witham Point's "Withmere".First time on the market. Lake Rabun's premier historical property on 2.98 ac of Fee Simple Property.More than 1200 feet of private shoreline.The home was originally built in 1921 as a summer Scottish inspired hunting lodge.The home boasts a grand lodge room with timber framed beam construction and a massive fireplace.The south wing is comprised of 3 BR and 2 ba.The north wing houses a large dining room, screen porch room,1 BR and 1 ba, & a prep kitchen. Stone terraces & patios surround the exterior. The lower terrace level is the site of the old kitchen, work areas & additional service rooms.The majestic grounds lead down multiple trails to the waterside and a 2 stall covered boathouse.Also included are a guest house & 2 car garage

Last Agent to Sell the Property

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 09/26/2013

Ansley RE | Christie's Int'l RE

Last Buyer's Agent

MARY COBB

Harry Norman REALTORS License #141340

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $31,067

Year Built

  • 1921

Lot Details

  • 2.98

Interior Spaces

  • Great Room
  • Dining Room Seats More Than Twelve
  • Den
  • Loft
  • Alarm System

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Earthen Basement
  • 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
  • Septic Tank

Additional Features

  • Boathouse includes two slips
  • 1,200 Feet of Waterfront

Community Details

Recreation

  • Marina

Additional Features

  • Community Lake
  • Guest Suites

Property Details

Home Type

Other

Est. Annual Taxes

$31,067

Year Built

1921

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1921

Interior Features

  • Fireplace(s): 3, In Basement, In Great/Family Room, Masonry
  • Basement: Daylight, Earthen, Inside Entrance, Outside Entrance, Partial
  • Equipment: Burglar Alarm, Dryer, Washer
  • Kitchen Equipment: Built-In Microwave, Range/Oven, Refrigerator
  • Feature Name: Lake Rabun
  • Interior Amenities: Bookcases, Cable In Street, Cable TV Connections, Vaulted Ceilings, Ceilings 9 Ft Plus, Exposed Beams, Entrance Foyer, Hardwood Floors, Tile Bath, Tile Floors
  • Laundry Location: Basement
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Second Kitchen

Exterior Features

  • Boathouse/Dock: Boathouse - 2 Slip
  • Construction: Stone, Stucco Real, Wood Siding
  • Exterior Features: Balcony, Deck/Patio, Garden Area, Gas Grill, Out Building, Screen Porch
  • Roof Type: Composition
  • Waterfront Type: Private, Water View, Waterfront
  • Waterfront Frontage: 1200

Garage/Parking

  • Parking: 3 Car Or More, Detached, Garage, Kitchen Level Entry, Storage

Utilities

  • Water/Sewer: Private Water, Septic Tank

Association/Amenities

  • Amenities: Guest Lodging, Lake, Marina

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: Level Lot, Mountain View, Private Backyard
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2013
Closed on
Jul 29, 2015
Sold by
Witham Partners Lllp
Bought by
Rabun Point Llc
Seller's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
Buyer's Agent
MARY COBB
Harry Norman REALTORS
List Price
$4,250,000
Sold Price
$3,000,000
Premium/Discount to List
-$1,250,000
-29.41%
Total Days on Market
634
Current Estimated Value
$4,995,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,995,643
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Mar 5, 2010
Sold by
Witham Partners Lllp
Bought by
Witham Partners Lllp

Purchase Details

Closed on
Jan 1, 1988
Bought by
Witham Partners Lllp

Purchase Details

Closed on
Feb 1, 1964
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
Rabun Point Llc $3,000,000 --
Rabun Point Llc $3,000,000 --
Witham Partners Lllp -- --
Witham Partners Lllp -- --
Witham Partners Lllp -- --
Witham Partners Lllp -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $3,000,000 -23.1% --
06/22/2015 06/22/15 Pending -- -- --
06/06/2014 06/06/14 Price Changed $3,900,000 -8.2% --
09/26/2013 09/26/13 For Sale $4,250,000 -- --
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 $31,067 $1,935,615 $900,000 $1,035,615
2023 $32,013 $1,749,082 $840,000 $909,082
2022 $31,306 $1,710,454 $840,000 $870,454
2021 $30,643 $1,634,268 $780,000 $854,268
2020 $29,754 $1,534,006 $780,000 $754,006
2019 $30,206 $1,546,394 $780,000 $766,394
2018 $30,316 $1,546,394 $780,000 $766,394
2017 $20,800 $1,106,392 $780,000 $326,392
2016 $17,525 $929,628 $780,000 $149,628
2015 $13,057 $677,985 $585,000 $92,985
2014 -- $678,197 $585,000 $93,197
Source: Public Records

Agents Affiliated with this Home

  • Michael McGaughey

    Seller's Agent in 2015

    Michael McGaughey

    Ansley RE | Christie's Int'l RE

    (404) 606-3988

    1 Total Sale

    Michael McGaughey
    Section Image

  • M

    Buyer's Agent in 2015

    MARY COBB

    Harry Norman REALTORS

    (404) 226-0942

    9 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 07161019

Georgia MLS

APN: LR05A-024

Georgia Rabun County Lakemont 30552

230 Witham Point, Lakemont, GA

This home is located at 230 Witham Point, Lakemont, GA 30552 since 26 September 2013 and is currently estimated at $4,995,643. This property was built in 1921. 230 Witham Point is a home located in Rabun County with nearby schools including Rabun County Primary School and Rabun County High School.

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