271 Panacea Ln Demorest, GA 30535
Estimated payment $2,300/month
Highlights
- Vaulted Ceiling
- Traditional Architecture
- Bonus Room
- North Habersham Middle School Rated A-
- Wood Flooring
- No HOA
About This Home
Charming home with master on the main plus Bonus Room - Private Setting on a one acre lot. Tucked away on a quiet street, this 4-bedroom, 2.5-bath home with bonus room offers the perfect balance of comfort and convenience. Surrounded by nature and set apart from city noise, it features underground utilities, a spacious yard, and a whole-house Generac to keep you powered during storms. An additional parking pad provides room for your RV, boat, or extra vehicles, alongside the attached garage. Inside, you'll find hardwood floors, vaulted ceilings, a main-level master suite, and a large covered back deck-ideal for relaxing or entertaining. All this just minutes from Clarkesville, Sautee-Nacoochee, and Cleveland, and only 8 minutes from Hwy 365/441 for easy access. Schedule your showing today!! Assumable mortgage at 5.25%. Call for details.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,137
Year Built
- Built in 2005
Lot Details
- 1.02 Acre Lot
- Cul-De-Sac
- Level Lot
Home Design
- Traditional Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 2,072 Sq Ft Home
- 2-Story Property
- Tray Ceiling
- Vaulted Ceiling
- Two Story Entrance Foyer
- Family Room
- Formal Dining Room
- Bonus Room
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry in Mud Room
- Laundry Room
Parking
- Garage
- Parking Accessed On Kitchen Level
Outdoor Features
- Patio
- Porch
Schools
- Fairview Elementary School
- North Habersham Middle School
- Habersham Central High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Panacea Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,187 | $138,556 | $10,000 | $128,556 |
| 2024 | $3,370 | $129,852 | $10,000 | $119,852 |
| 2023 | $2,583 | $103,292 | $10,000 | $93,292 |
| 2022 | $2,344 | $89,880 | $10,000 | $79,880 |
| 2021 | $2,058 | $79,276 | $8,000 | $71,276 |
| 2020 | $1,905 | $70,828 | $8,000 | $62,828 |
| 2019 | $1,907 | $70,828 | $8,000 | $62,828 |
| 2018 | $1,892 | $70,828 | $8,000 | $62,828 |
| 2017 | $1,658 | $61,724 | $4,800 | $56,924 |
| 2016 | $1,563 | $149,810 | $3,000 | $56,924 |
| 2015 | $1,544 | $149,810 | $3,000 | $56,924 |
| 2014 | $1,526 | $145,290 | $3,000 | $55,116 |
| 2013 | -- | $58,116 | $3,000 | $55,116 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | Price Changed | $388,900 | -2.5% | $188 / Sq Ft | |
| 09/05/2025 09/05/25 | For Sale | $399,000 | +15.7% | $193 / Sq Ft | |
| 10/03/2023 10/03/23 | Sold | $344,900 | 0.0% | $166 / Sq Ft | View Prior Sale |
| 09/03/2023 09/03/23 | Pending | -- | -- | -- | |
| 08/24/2023 08/24/23 | For Sale | $344,900 | -- | $166 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $344,900 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $199,900 | -- | |
| Deed | $158,500 | -- | |
| Deed | $130,000 | -- | |
| Deed | $25,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,842 | VA | |
| Previous Owner | $196,278 | FHA | |
| Previous Owner | $161,500 | New Conventional |
Source: Georgia MLS
MLS Number: 10595294
APN: 040-105P
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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