NOT LISTED FOR SALE

271 Panacea Ln Demorest, GA 30535

Estimated Value: $368,564 - $420,000

4 Beds
2.5 Baths
2,072 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $344,900 $166 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,368/month

10 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • North Habersham Middle School Rated A-
  • Main Floor Primary Bedroom
  • Laundry Room

About This Home

As of October 2023

4 bed/ 2.5 bath home w bonus rm., located on a private street away from the hustle and bustle of the city. Nature surrounds this ideal abode with underground utilities, plenty of yard for you to enjoy and a whole house generator for when the weather keeps you inside. Additional parking pad for your toys or home away from home, as well as an attached garage. Hardwood floors, vaulted ceilings, master on the main, and a large covered back deck are just a few of the notable remarks of this great home. Mins away from Clarkesville, Sautee-Nacoochee and Cleveland and only 8 mins from 365/441. Make your appointment to view today! Easy Show

Last Agent to Sell the Property

Michael Hipps

Southern Estates Realty, LLC License #278128 Listed on: 08/24/2023

Last Buyer's Agent

ROSLYN FORRO

Keller Williams Chattahoochee License #156790

Keller Williams Chattahoochee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,344

Year Built

  • Built in 2005

Lot Details

  • 1.02 Acre Lot

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Parking

  • Garage
  • Parking Pad

Schools

  • Fairview Elementary School
  • North Habersham Middle School
  • Habersham Central High School

Utilities

  • Central Heating and Cooling System
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,344

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • ArchitecturalStyle: Craftsman
  • Main Level Half Bathrooms: 1
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: 1.02
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2072
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven/Range (Combo)
  • Bedrooms: 4
  • Basement: Crawl Space, None
  • Total Finished Sq Ft: 2072
  • Above Grade Finished Sq Ft: 2072
  • Interior Amenities: Master On Main Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Living Room
  • Flooring: Hardwood
  • Price Per Square Foot: 166.46

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage, Parking Pad

Utilities

  • Cooling: Electric, Central Air
  • Heating: Central
  • Laundry Features: Common Area, Other
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fairview
  • High School: Habersham Central
  • High School Bus: Yes
  • Middle School: North Habersham
  • Middle School Bus: Yes
  • Elementary School: Fairview
  • Middle School: North Habersham
  • High School: Habersham Central

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2344

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Oct 3, 2023
Sold by
Walden Katelyn
Bought by
Lamb Bryan Scott and Lamb Velvet Jean
Seller's Agent
Michael Hipps
Southern Estates Realty, LLC
Buyer's Agent
ROSLYN FORRO
Keller Williams Chattahoochee
List Price
$344,900
Sold Price
$344,900
Views
47
Current Estimated Value
$377,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,973
Avg. Annual Appreciation
6.13%
Original Mortgage
$315,842
Interest Rate
7.12%
Mortgage Type
VA

Purchase Details

Closed on
Apr 28, 2020
Sold by
Walden Katelyn
Bought by
Walden Katelyn and Walden Jonathan Dillon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,278
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2008
Sold by
Ballard Melvin C
Bought by
Usher Rodney Chad and Usher Kelly L

Purchase Details

Closed on
Oct 1, 2006
Sold by
Not Provided
Bought by
Usher Rodney Chad and Usher Kelly L

Purchase Details

Closed on
Apr 21, 2005
Sold by
Wikle Florence
Bought by
Rowland Wilton F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lamb Bryan Scott $344,900 --
Walden Katelyn -- --
Walden Katelyn $199,900 --
Usher Rodney Chad $158,500 --
Usher Rodney Chad $130,000 --
Rowland Wilton F $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Bryan Scott $317,050
Closed Lamb Bryan Scott $315,842
Previous Owner Walden Katelyn Denise $63,000
Previous Owner Walden Katelyn $196,278
Previous Owner Usher Rodney Chad $155,626
Previous Owner Rowland Wilton F $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $344,900 0.0% $166 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $344,900 -- $166 / 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 $3,370 $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
Source: Public Records

Agents Affiliated with this Home

  • Michael Hipps

    Seller's Agent in 2023

    Michael Hipps

    Southern Estates Realty, LLC

    (706) 878-7561

    1 in this area

    33 Total Sales

    Section Image
  • ROSLYN FORRO

    Buyer's Agent in 2023

    ROSLYN FORRO

    Keller Williams Chattahoochee

    (404) 889-2880

    1 in this area

    24 Total Sales

    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20142815

Georgia MLS

APN: 040-105P

Georgia Habersham County Demorest 30523

271 Panacea Ln, Demorest, GA

This home is located at 271 Panacea Ln, Demorest, GA 30535 since 24 August 2023 and is currently estimated at $391,891, approximately $189 per square foot. This property was built in 2005. 271 Panacea Ln is a home located in Habersham County with nearby schools including Fairview Elementary School, North Habersham Middle School, and Habersham Success Academy.

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.

Georgia MLS 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.

Nearby Homes