$315,000
SOLD JUL 9, 2025

262 Morse Elm Loop Waleska, GA 30183

4 Beds
3 Baths
1,653 Sq Ft
0.64 Acres

Recently Sold

$191 Per Sq Ft

19% Below List Price

37 Days on Market

Highlights

  • Marina
  • Gated Community
  • Community Lake
  • Golf Course Community
  • Mountain View
  • Clubhouse

About This Home

As of July 2025

Welcome home to your own private mountainside retreat in Lake Arrowhead! This 3BR/2BA offers SO MUCH SPACE sitting atop a full basement! All this home needs is some TLC and it will be a diamond in the rough! This traditional ranch with stone accents offers a quiet spot to relax and unwind. Step inside to experience the spacious great room with cathedral ceiling and stone fireplace! Your separate dining room features soaring ceiling, boasts tons of space for friends and family gatherings & the Palladian window is gorgeous. Chef's Kitchen has Shaker Style Cabinetry & Breakfast Area that Leads to Screen Porch Overlooking Wooded Backyard with breathtaking views. The primary suite features a double trey ceiling & bay window perfectly framing the views outside. Master Bath w/Separate Shower, double vanities & soaking tub offers the perfect blend of space and comfort. Two additional bedrooms on Main. Partially Finished Terrace Level w/Full Bath Awaits Your Finishing Touch & Offers Tons of Additional Space & Storage or could accommodate a multigenerational family. Don't miss your opportunity to own this mountainside retreat located in the desirable gated, lake and golf community of Lake Arrowhead. Home needs some TLC and updates to make it your own, but offers a great amount of space and location for price! 24 hour security and low maintenance yard make this perfect for the "lock & go" lifestyle. Great amenities. One hour North of Atlanta in the foothills of the Blue Ridge Mountains. Great Location and Great Schools! Hurry before its too late!!!

Last Agent to Sell the Property

Gina Wade

Keller Williams Realty License #350216 Listed on: 05/02/2025

Keller Williams Realty

Last Buyer's Agent

Jeff Power

Atlanta Communities License #361891

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,844

Year Built

  • Built in 2000

Lot Details

  • 0.64 Acre Lot
  • Private Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $219 Monthly HOA Fees

Home Design

  • Composition Roof
  • Stone Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Screened Porch
  • Carpet
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Room
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Finished Basement Bathroom

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • R M Moore Elementary School
  • Teasley Middle School
  • Cherokee High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include swimming, tennis
  • Lake Arrowhead Subdivision
  • Community Lake

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,844

Year Built

Built in 2000

Lot Details

0

HOA Fees

$219 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • ArchitecturalStyle: Ranch
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .64
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Bedrooms: 4
  • Basement: Bath Finished, Finished, Full, Interior Entry
  • Interior Amenities: Double Vanity, Master On Main Level, Split Bedroom Plan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Feature Name: Lake Arrowhead
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Masonry
  • Flooring: Carpet
  • Kitchen Features: Breakfast Area, Breakfast Room, Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone, Vinyl Siding
  • Lot Features: Private, Sloped
  • Patio And Porch Features: Deck, Screened
  • Property Condition: Resale
  • Roof: Composition
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Security Features: Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2628
  • Association: Yes
  • Community Features: Clubhouse, Gated, Golf, Lake, Marina, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Swimming, Tennis

Schools

  • Elementary School: R M Moore
  • High School: Cherokee
  • Middle School: Teasley
  • Elementary School: R M Moore
  • Middle School: Teasley
  • High School: Cherokee

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 6, 2021
Sold by
Galt Odian P
Bought by
Terrell Steven
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
TIM KING
NOT A VALID MEMBER
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$375,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,270
Avg. Annual Appreciation
4.31%
Original Mortgage
$210,000
Outstanding Balance
$192,330
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$182,940

Purchase Details

Listed on
Sep 15, 2018
Closed on
Oct 23, 2018
Sold by
Whitman Peter J
Bought by
Galt Odian P
Seller's Agent
Lisa Steele
Lake Homes Realty, LLC.
Buyer's Agent
Misti Bailey
Berkshire Hathaway HomeServices Georgia Properties
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%
Original Mortgage
$196,278
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2001
Sold by
Hughes Rogers
Bought by
Whitman Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,100
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 --
Warranty Deed $199,900 --
Deed $162,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Previous Owner $196,278 FHA
Previous Owner $60,000 Stand Alone Second
Previous Owner $17,857 Stand Alone Second
Previous Owner $157,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $315,000 -12.5% $191 / Sq Ft
06/08/2025 06/08/25 Pending -- -- --
05/21/2025 05/21/25 Price Changed $360,000 -7.5% $218 / Sq Ft
05/02/2025 05/02/25 For Sale $389,000 +21.6% $235 / Sq Ft
10/06/2021 10/06/21 Sold $320,000 -1.5% $120 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $325,000 +62.6% $122 / Sq Ft
10/23/2018 10/23/18 Sold $199,900 0.0% $75 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $199,900 -- $75 / 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 $3,803 $146,360 $8,400 $137,960
2023 $3,726 $141,756 $8,400 $133,356
2022 $3,364 $128,000 $8,173 $119,827
2021 $3,114 $109,680 $8,400 $101,280
2020 $1,078 $79,973 $8,400 $71,573
2019 $2,272 $79,960 $8,400 $71,560
2018 $2,515 $87,960 $8,400 $79,560
2017 $2,145 $198,200 $7,200 $72,080
2016 $2,145 $184,200 $7,200 $66,480
2015 $2,189 $186,100 $7,200 $67,240
2014 $2,026 $171,900 $7,200 $61,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10513795

Georgia MLS

APN: 022N15-00006-004-000-0000