NOT LISTED FOR SALE

245 Cathey Rd Unit TRACT 2 Rabun Gap, GA 30568

Estimated Value: $403,000 - $607,000

4 Beds
3.5 Baths
2,520 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $355,000 $141 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,611/month

218 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • 2 Fireplaces
  • Deck
  • Main Floor Primary Bedroom
  • L-Shaped Dining Room

About This Home

As of December 2022

Newly remodeled 4/3.5 brick home overlooking valleys AND mountains from beautiful Cathey Road in Rabun Gap, Georgia. NEW windows and laminate floors throughout, NEW HVAC, metal roof and two gas log fireplaces. 1200 square foot detached garage/shop. Additional adjoining 4.6 acres (Tract 3) available for sale separately.

Last Agent to Sell the Property

Kevin Croom

Poss Realty License #377133 Listed on: 04/27/2022

Last Buyer's Agent

Ben Rose

Keller Williams Lanier Partners License #406133

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 2.16 Acre Lot
  • Sloped Lot

Property Views

  • Mountain
  • Valley

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Metal Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Log Fireplace
  • L-Shaped Dining Room
  • Den
  • Laminate Flooring
  • Finished Basement
  • Laundry in Basement
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Vanity

Parking

  • 8 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Rabun County Primary/Elementar Elementary School
  • Rabun County Middle School
  • Rabun County High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • ArchitecturalStyle: Brick 4 Side, Traditional
  • Lower Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: 2.16
  • Other Sturctures: Outbuilding, Workshop, Garage(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2520
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: None
  • Bedrooms: 4
  • Dining Room Features: L Shaped
  • Basement: Finished
  • Total Finished Sq Ft: 2520
  • Above Grade Finished Sq Ft: 2520
  • Interior Amenities: Double Vanity, Pulldown Attic Stairs, Master On Main Level
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log
  • Flooring: Laminate
  • Kitchen Features: Breakfast Area, Kitchen Island
  • Price Per Square Foot: 140.873

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Lot Features: Sloped
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Updated/Remodeled
  • Roof: Metal
  • View: Mountain(s), Valley

Garage/Parking

  • Parking Features: Carport
  • ParkingTotal: 8

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • Middle School: Rabun County
  • Elementary School: Rabun County Primary/Elementar
  • Middle School: Rabun County
  • High School: Rabun County

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Dec 16, 2022
Sold by
Cathey Arbitter Farms Business Park Prop
Bought by
Miller Kia Ann
Seller's Agent
Kevin Croom
Poss Realty
Buyer's Agent
Ben Rose
Keller Williams Lanier Partners
List Price
$560,000
Sold Price
$355,000
Premium/Discount to List
-$205,000
-36.61%
Views
53
Current Estimated Value
$481,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,013
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Oct 10, 2014
Sold by
South State Bank
Bought by
Cathey Arbitter Farms Business

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,735
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2013
Sold by
Scbt
Bought by
Scbt

Purchase Details

Closed on
Mar 1, 2006
Sold by
Not Provided
Bought by
Winchester Joseph M

Purchase Details

Closed on
Sep 1, 1980
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
Miller Kia Ann $30,000 --
Miller Kia Ann $355,000 --
Cathey Arbitter Farms Business $189,100 --
Cathey Arbitter Farms Business $189,100 --
Scbt -- --
Scbt -- --
Winchester Joseph M -- --
Winchester Joseph M -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cathey Arbitter Farms Business $160,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $355,000 -11.0% $141 / Sq Ft
10/21/2022 10/21/22 Price Changed $399,000 -20.0% $158 / Sq Ft
08/26/2022 08/26/22 Price Changed $499,000 -7.6% $198 / Sq Ft
05/23/2022 05/23/22 Price Changed $540,000 -3.6% $214 / Sq Ft
04/27/2022 04/27/22 For Sale $560,000 -- $222 / 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
2024 $737 $45,920 $18,000 $27,920
2023 $806 $44,014 $18,000 $26,014
2022 $1,759 $96,097 $25,200 $70,897
2021 $1,502 $80,128 $25,200 $54,928
2020 $1,495 $77,086 $25,200 $51,886
2019 $1,506 $77,086 $25,200 $51,886
2018 $1,511 $77,086 $25,200 $51,886
2017 $1,449 $77,086 $25,200 $51,886
2016 $1,453 $77,086 $25,200 $51,886
2015 $1,450 $75,316 $25,200 $50,116
2014 $1,560 $80,584 $27,000 $53,584
Source: Public Records

Agents Affiliated with this Home

  • Kevin Croom

    Seller's Agent in 2022

    Kevin Croom

    Poss Realty

    (706) 982-1371

    11 in this area

    62 Total Sales

    Kevin Croom
    Section Image

  • B

    Buyer's Agent in 2022

    Ben Rose

    Keller Williams Lanier Partners

    (678) 520-5278

    1 in this area

    48 Total Sales

    Ben Rose
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10042544

Georgia MLS

APN: 049C-018

Georgia Rabun County Rabun Gap 30525

245 Cathey Rd Unit TRACT 2, Rabun Gap, GA

This home is located at 245 Cathey Rd Unit TRACT 2, Rabun Gap, GA 30568 since 27 April 2022 and is currently estimated at $481,013, approximately $190 per square foot. This property was built in 1978. 245 Cathey Rd Unit TRACT 2 is a home located in Rabun County with nearby schools including Rabun County Primary School, Rabun County High School, and Rabun Gap Nacoochee School.

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