NOT LISTED FOR SALE

2385 Gates Chapel Rd Ellijay, GA 30540

Estimated Value: $770,000 - $3,230,000

5 Beds
7 Baths
7,192 Sq Ft
$298/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $1,515,000 $211 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $14,658/month

512 Days on Market

Highlights

  • Guest House
  • 131 Acre Lot
  • Dining Room Seats More Than Twelve
  • Home fronts a pond
  • Mountain View
  • Fireplace in Primary Bedroom

About This Home

As of February 2018

131 acre gated estate with commanding 360 degree views from TWO custom homes ideal for a discerning buyer or an executive retreat. A winding mile long drive ends at the sprawling main house boasting an open concept living space with soaring ceilings punctuated by a stacked stone fireplace. Multiple indoor & outdoor living areas with fireplace. Indulgent double masters with spa baths showcasing Waterworks bath fixtures. The guest house is no less impressive but on a more intimate scale. Gentle walk down to open fields, a private pond & trout stream! SELLER IS MOTIVATED!

Last Agent to Sell the Property

Marc Castillo

Coldwell Banker Realty License #329379 Listed on: 08/17/2016

Coldwell Banker Realty

Last Buyer's Agent

Karen Garland

Woodland Realty License #148012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,632

Year Built

  • Built in 2002

Lot Details

  • 131 Acre Lot
  • Home fronts a pond
  • Mountainous Lot
  • Wooded Lot
  • Garden

Home Design

  • Rustic Architecture
  • Composition Roof
  • Log Siding

Interior Spaces

  • 7,192 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 6 Fireplaces
  • Great Room
  • Dining Room Seats More Than Twelve
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Wood Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Attic

  • Attic Fan
  • Permanent Attic Stairs

Basement

  • Partial Basement
  • Stubbed For A Bathroom

Home Security

  • Security System Owned
  • Intercom

Parking

  • Garage
  • Garage Door Opener
  • Drive Under Main Level

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Energy-Efficient Windows
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 3047 020

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,632

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter, Master Bedroom, Outside
  • Number Of Fireplaces: 6
  • Other Equipment: Intercom
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, Permanent Attic Stairs, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Partial
  • Kitchen Features: Breakfast Bar
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story, Sun Room
  • Dining Room Features: Seats 12+
  • Square Footage: 7192.00
  • Window Features: Insulated Windows, Skylight(s)

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Roommate Floor Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Full Baths: 5
  • Total Half Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Guest House
  • Construction Materials: Log
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Patio, Screened, Wrap Around
  • Exterior Features: Garden
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Drive Under Main Level, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Security System Owned
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Lot Info

  • Acres: 131.0000
  • Lot Features: Mountain Frontage, Wooded
  • Parcel Number: 3047 020
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 11632.00
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Pond

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Gilmer - Other
  • High School: Gilmer - Other
  • Middle School: Gilmer - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Cai Li Sheng
Bought by
Cai Hsiao P and Cai Li Sheng
Current Estimated Value
$2,617,444

Purchase Details

Listed on
Aug 17, 2016
Closed on
Feb 16, 2018
Sold by
Cofrin Edith Dee
Bought by
Cai Li Sheng and Liu Amanda
Seller's Agent
Marc Castillo
Coldwell Banker Realty
Buyer's Agent
Karen Garland
Woodland Realty
List Price
$1,990,000
Sold Price
$1,515,000
Premium/Discount to List
-$475,000
-23.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$900,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1999
Sold by
Yam Llc
Bought by
Cofrin Edith Dee

Purchase Details

Closed on
May 1, 1998
Sold by
Stover Jerry M and James Billy M
Bought by
Yam Llc

Purchase Details

Closed on
Nov 1, 1997
Sold by
Woods William L
Bought by
Stover Jerry M and James Billy M

Purchase Details

Closed on
Nov 1, 1996
Sold by
Estate Of Jacqueline S Woods Cowan Mel
Bought by
Woods William L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cai Hsiao P -- --
Cai Li Sheng $1,515,000 --
Cofrin Edith Dee $917,000 --
Yam Llc $170,000 --
Stover Jerry M $264,000 --
Woods William L -- --
Woods Melinda Cowan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cai Li Sheng $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $1,515,000 -15.8% $211 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
12/08/2016 12/08/16 Price Changed $1,799,000 -9.6% $250 / Sq Ft
08/17/2016 08/17/16 For Sale $1,990,000 -- $277 / 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
2025 $10,684 $766,680 $257,280 $509,400
2024 $10,684 $734,800 $230,400 $504,400
2023 $11,032 $734,800 $230,400 $504,400
2022 $11,494 $683,480 $220,160 $463,320
2021 $11,285 $573,680 $214,920 $358,760
2020 $12,644 $578,880 $214,920 $363,960
2019 $13,017 $578,880 $214,920 $363,960
Source: Public Records

Agents Affiliated with this Home

  • Marc Castillo

    Seller's Agent in 2018

    Marc Castillo

    Coldwell Banker Realty

    (404) 449-6862

    101 Total Sales

    Marc Castillo
    Section Image

  • K

    Buyer's Agent in 2018

    Karen Garland

    Woodland Realty

    (706) 273-8878

    1 in this area

    3 Total Sales

    Karen Garland
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5735359

First Multiple Listing Service (FMLS)

APN: 3047-020

Georgia Gilmer County Ellijay 30540

2385 Gates Chapel Rd, Ellijay, GA

Not Listed for Sale

Detached

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