NOT LISTED FOR SALE

2300 Highway 52 W Dahlonega, GA 30533

Estimated Value: $602,000 - $681,000

-- Bed
2 Baths
2,800 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $542,500 $194 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,955/month

135 Days on Market

Highlights

  • 4.12 Acre Lot
  • Mountainous Lot
  • Wood Flooring
  • Mountain View
  • Wooded Lot
  • Double Pane Windows

About This Home

As of March 2023

Multi family properties on 4.12 acres, all leased. Enjoy the North Georgia Mountains with an income producing property! Home and cabin currently have 3 leases (all have been in anywhere from 2.5-4 years) and the 4 units of restored apartments used for short-term vacation rental that can easily be converted to long-term studios. All furnishings of these 4 are included! Home, built in 2004, has been well maintained and currently has a tenant upstairs and a tenant downstairs. There are 2 cabins, built in 1960's, one used as a storage and the other has a long-term tenant. The 4 suite 1960's motel was completely restored in 2018 and is currently used as 4 vacation rentals. They each have a full kitchen and bath and could also be a great option to rent long term. Cabins are old and this would be a great place to build 3 tiny homes on the current 3 cabin foundations. County planning has approved to have grandfathered in the old setbacks. There is even more opportunity to increase income with updated cabins. Prime location, centered between Historic Dahlonega and Amicalola State Park, 8 miles from North Georgia University. Dahlonega is a popular 'Hallmark town' attracting visitors for the gold rush history, the wineries, outdoor trails.
Seller also selling property across the street that is a fully restored 7 suite motel active and profitable on vacation rental. Listing #7098979
Must have a lender's pre approval or proof of cash at time of contract. Listing agent is part owner of the property.

Last Agent to Sell the Property

Sandy Geisel

NOT A VALID MEMBER License #261122 Listed on: 09/25/2022

NOT A VALID MEMBER

Last Buyer's Agent

Timothy Gibson

Keller Williams Realty Community Partners License #391916

Keller Williams Realty Community Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,309

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 4.12 Acre Lot
  • Mountainous Lot
  • Wooded Lot

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Mountain Views

Flooring

  • Wood
  • Vinyl

Parking

  • 9 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Lumpkin County Elementary And Middle School
  • Lumpkin County High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 032 074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,309

Year Built

Built in 2006 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 4.12 ACS LL 265 LD 12-1
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Updated/Remodeled
  • Year Built: 2006
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Hardwood, Vinyl
  • Window Features: Double Panes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition, Shingle
  • View: Mountain(s)

Garage/Parking

  • Number Of Parking Spaces: 9
  • Parking Features: Driveway, Parking Lot

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Central Air, Multi Units
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Schools

  • Elementary School: Lumpkin County
  • Middle School: Lumpkin County
  • High School: Lumpkin County

Lot Info

  • Acres: 4.1200
  • Lot Features: Mountain Frontage, Wooded
  • Lot Dimensions: x
  • Parcel Number: 032 074
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 7

Tax Info

  • Taxes: 3309.00
  • Assessor Parcel Number: 032-000-074-000
  • Close Date: 2023-03-31
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lumpkin County
  • High School: Lumpkin County
  • Middle School: Lumpkin County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2022
Closed on
Mar 31, 2023
Sold by
Geisel Investments Llc
Bought by
A2s Group Llc
Seller's Agent
Sandy Geisel
NOT A VALID MEMBER
Buyer's Agent
Timothy Gibson
Keller Williams Realty Community Partners
List Price
$650,000
Sold Price
$542,500
Premium/Discount to List
-$107,500
-16.54%
Total Days on Market
135
Views
50
Current Estimated Value
$630,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,248
Avg. Annual Appreciation
7.06%
Original Mortgage
$400,000
Outstanding Balance
$255,706
Interest Rate
6.65%
Mortgage Type
Mortgage Modification
Estimated Equity
$375,042

Purchase Details

Listed on
Oct 26, 2015
Closed on
Jan 21, 2016
Sold by
Spinelli Frank M
Bought by
Geisel Investments Llc
Seller's Agent
Sandy Geisel
Keller Williams Realty First Atlanta
Buyer's Agent
Sandy Geisel
Keller Williams Realty First Atlanta
List Price
$219,900
Sold Price
$190,000
Premium/Discount to List
-$29,900
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%

Purchase Details

Closed on
Dec 19, 2013
Sold by
Dunson Doris
Bought by
Spinelli Frank M
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
A2s Group Llc $542,500 --
Geisel Investments Llc $190,000 --
Spinelli Frank M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A2s Group Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $542,500 -19.6% $194 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
10/03/2022 10/03/22 Price Changed $675,000 +3.8% $241 / Sq Ft
10/03/2022 10/03/22 For Sale $650,000 +19.8% $232 / Sq Ft
09/29/2022 09/29/22 Off Market $542,500 -- --
09/25/2022 09/25/22 For Sale $650,000 0.0% $232 / Sq Ft
05/14/2018 05/14/18 Rented $1,995 0.0% --
04/25/2018 04/25/18 For Rent $1,995 0.0% --
04/24/2017 04/24/17 Rented $1,995 +54.1% --
03/26/2017 03/26/17 For Rent $1,295 -35.1% --
04/05/2016 04/05/16 Rented $1,995 0.0% --
04/05/2016 04/05/16 Under Contract -- -- --
02/08/2016 02/08/16 For Rent $1,995 0.0% --
01/22/2016 01/22/16 Sold $190,000 -13.6% $68 / Sq Ft
11/28/2015 11/28/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $219,900 -- $79 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $5,170 $222,421 $30,481 $191,940
2023 $4,078 $173,354 $27,020 $146,334
2022 $3,685 $148,845 $22,515 $126,330
2021 $3,309 $129,249 $22,515 $106,734
2020 $3,315 $125,664 $21,574 $104,090
2019 $3,345 $125,664 $21,574 $104,090
2018 $3,218 $113,413 $21,574 $91,839
2017 $2,199 $109,757 $21,574 $88,183
2016 $767 $25,638 $17,626 $8,012
2015 $676 $25,639 $17,626 $8,012
2014 $676 $25,639 $17,626 $8,012
2013 -- $25,638 $17,626 $8,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7119114

First Multiple Listing Service (FMLS)

APN: 032-000-074-000