$1,600,000

240 Varnes Ln Lakemont, GA 30552

Estimated payment $8,571/month

Total Views 8,630
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • ENERGY STAR Certified Homes
  • Double Pane Windows
  • 10 Acre Lot
  • Private Lot
  • Energy-Efficient Appliances

About This Home

THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.

Listing Agent

Syed Firoz

Virtual Properties Realty.com License #419636 Listed on: 10/01/2024

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,449

Year Built

  • Built in 1986

Lot Details

  • 10 Acre Lot
  • Back Yard Fenced
  • Private Lot

Parking

  • Driveway Level

Home Design

  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Carpet
  • City Views
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Certified Homes

Schools

  • Rabun County Elementary And Middle School
  • Rabun County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 046B 005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,449

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Condition: Resale
  • Year Built: 1986
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet
  • Window Features: Double Pane Windows

Exterior Features

  • Construction Materials: HardiPlank Type
  • Roof Type: Metal
  • Fencing: Back Yard
  • View: City
  • Pool Private: No

Garage/Parking

  • Parking Features: Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available

Lot Info

  • Acres: 10.0000
  • Lot Features: Private
  • Lot Dimensions: x
  • Parcel Number: 046B 005
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Building Certifications: ENERGY STAR Certified Homes
  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Taxes: 1449.00
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 10

MLS Schools

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

Map

Range of Values:

--
Value Increase
--
Percent Increase
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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
2024 $1,052 $65,568 $13,440 $52,128
2023 $1,504 $82,152 $21,432 $60,720
2022 $1,459 $79,740 $21,432 $58,308
2021 $3,398 $194,570 $21,432 $173,138
2020 $3,087 $172,488 $21,432 $151,056
2019 $3,314 $182,996 $27,720 $155,276
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 For Sale $1,600,000 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $1,000 --
Warranty Deed $1,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $1,000 --
Warranty Deed $1,000 --
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7464136

First Multiple Listing Service (FMLS)

APN: 046B-005