NOT LISTED FOR SALE

242 Fernbank Dr Cornelia, GA 30531

Estimated Value: $444,066 - $491,000

5 Beds
4 Baths
2,937 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $224,500 $76 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,841/month

114 Days on Market

Highlights

  • Home Theater
  • Recreation Room
  • Double Pane Windows
  • South Habersham Middle School Rated 9+
  • In-Law or Guest Suite

About This Home

As of April 2015

A beautiful home awaiting it's next family to call it home! This 5 bedroom/3.5 bath offers a finished basement with media/game room area perfect for teenagers or in-law suite. New carpet and fresh refinished hardwood floors makes this home move-in ready. It's location is perfect for commute with easy access to 365 or 441. Stacked stone fireplace and vaulted ceilings is one of the amazing features of the living room as well as the kitchen offering 2 pantries. This home is a must see!

Last Agent to Sell the Property

Audrey Borchers

BHHS Georgia Properties License #279931 Listed on: 12/03/2014

BHHS Georgia Properties

Last Buyer's Agent

Alan Baker

Headwaters Realty License #182459

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,416

Year Built

  • 2004

Lot Details

  • 0.7

Home Design

  • Ceiling Insulation

Interior Spaces

  • In-Law or Guest Suite
  • Double Pane Windows
  • Home Theater
  • Recreation Room

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Schools

  • Level Grove / Habersham / Habersham County Elementary School
  • South Habersham / Habersham / Habersham County Middle School
  • Habersham Central / Habersham / Habersham County High School

Utilities

  • Electric Water Heater
  • Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$4,416

Year Built

2004

Lot Details

0

Listing Details

  • Accessibility: Other (See Remarks)
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Fireplace(s): 1, In Living Room, Factory Built
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Kitchen Equipment: Dishwasher, Built-In Microwave, Range/Oven, Refrigerator
  • Interior Amenities: Trey Ceilings, Vaulted Ceilings, Double Vanity, 2 Story Foyer, Entrance Foyer, Garden Tub, Hardwood Floors, Separate Shower, Tile Floors, Walk-in Closet
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 1041
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Pantry
  • Above Grade Finished Sq Ft: 2937

Exterior Features

  • Construction: Aluminum/Vinyl
  • Exterior Features: Deck/Patio, Porch
  • Roof Type: Composition
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Central
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Electric Water Heater
  • Water/Sewer: Public Water, Septic Tank

Schools

  • Elementary School: Level Grove / Habersham / Habersham County, GA
  • Elementary Bus Line: Yes
  • High School: Habersham Central / Habersham / Habersham County, GA
  • High School Bus: Yes
  • Middle School: South Habersham / Habersham / Habersham County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot, Wooded
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2014
Closed on
Apr 17, 2015
Sold by
Mccoy David K
Bought by
Mccoy David K and Mccoy Keri Logan
Seller's Agent
Audrey Borchers
BHHS Georgia Properties
Buyer's Agent
Alan Baker
Headwaters Realty
List Price
$224,500
Sold Price
$224,500
Current Estimated Value
$471,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,017
Avg. Annual Appreciation
7.22%
Original Mortgage
$229,326
Outstanding Balance
$177,370
Interest Rate
3.87%
Mortgage Type
VA
Estimated Equity
$294,147

Purchase Details

Closed on
Sep 1, 2007
Sold by
Not Provided
Bought by
Turk William N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2005
Sold by
A S Chambers & Co Inc
Bought by
Scheib Patrick L and Scheib Kristin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.66%
Mortgage Type
New Conventional
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
Mccoy David K -- --
Mccoy David K $224,500 --
Turk William N $265,000 --
Scheib Patrick L $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccoy David K $229,326
Closed Mccoy David K $229,326
Previous Owner Turk William N $212,000
Previous Owner Scheib Patrick L $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $224,500 0.0% $76 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $224,500 -- $76 / Sq Ft
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
2025 $4,416 $185,835 $14,000 $171,835
2024 $4,770 $183,788 $14,000 $169,788
2023 $3,853 $154,116 $14,000 $140,116
2022 $3,441 $131,956 $12,000 $119,956
2021 $3,072 $118,376 $12,000 $106,376
2020 $2,669 $99,236 $8,000 $91,236
2019 $2,672 $99,236 $8,000 $91,236
2018 $2,651 $99,236 $8,000 $91,236
2017 $2,435 $90,676 $8,000 $82,676
2016 $2,342 $224,500 $8,000 $81,800
2015 $2,275 $226,690 $8,000 $82,676
2014 -- $194,750 $8,000 $69,900
2013 -- $75,100 $5,200 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07371754

Georgia MLS

APN: 046-029G