NOT LISTED FOR SALE

280 Dragon Tree Ln Lakemont, GA 30552

Estimated Value: $486,740 - $558,000

3 Beds
2.5 Baths
1,801 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $440,000 $244 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,985/month

2 Days on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Private Lot
  • Wood Flooring
  • 1 Fireplace

About This Home

As of April 2022

VIEWS, VIEWS, VIEWS!!! Impeccably maintained 3 bedroom/2.5 bathroom mountain getaway on over an acre in the private Lakemont Highlands. Wrap-around porches on both levels to enjoy the mountain breeze and panoramic mountain views. Vaulted knotty pine ceilings, wood floors throughout main floor, master on main with separate tub/shower and private access to porch. Schedule your showing immediately, this home will not last! FURNITURE IS NOT INCLUDED IN THE SELL OF THIS HOME.

Last Agent to Sell the Property

Sam Rumsey

Poss Realty License #117793 Listed on: 03/15/2022

Last Buyer's Agent

Dwilyn Braswell

Virtual Properties Realty.com License #229858

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 2005

Lot Details

  • 1.06 Acre Lot
  • Private Lot
  • Sloped Lot

Home Design

  • Craftsman Architecture
  • Country Style Home
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,801 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Wood Flooring
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower

Parking

  • Side or Rear Entrance to Parking
  • Drive Under Main Level
  • Off-Street Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Shared Well
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include private roads
  • Lakemont Highlands Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,678

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • ArchitecturalStyle: Country/Rustic, Craftsman
  • Main Level Half Bathrooms: 1
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: 1.06
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1801
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: Concrete
  • Total Finished Sq Ft: 1801
  • Above Grade Finished Sq Ft: 1801
  • Interior Amenities: Vaulted Ceiling(s), High Ceilings, Separate Shower, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Hardwood
  • Price Per Square Foot: 244.31

Beds/Baths

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

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: Private, Sloped
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Basement, Side/Rear Entrance, Off Street

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Electric, Central, Heat Pump
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Private Roads

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1677.56

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 14, 2022
Sold by
Chalhoub Ibrahim
Bought by
Harris Deeann and Harris Robert L
Seller's Agent
Sam Rumsey
Poss Realty
Buyer's Agent
Dwilyn Braswell
Virtual Properties Realty.com
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%
Current Estimated Value
$520,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,435
Avg. Annual Appreciation
5.65%
Original Mortgage
$352,000
Outstanding Balance
$331,865
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$198,594

Purchase Details

Closed on
Sep 14, 2020
Sold by
Ramage William Elliott
Bought by
Chalhoub Ibrahim and Chalhoub Debra

Purchase Details

Closed on
Feb 23, 2005
Sold by
Bedingfield Lisa L
Bought by
Welborn Gregory K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Welborn Gregory K
Bought by
Ramage William E and Ramage Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Harris Deeann $440,000 --
Harris Deeann $440,000 --
Chalhoub Ibrahim $295,000 --
Chalhoub Ibrahim $295,000 --
Welborn Gregory K -- --
Welborn Gregory K -- --
Ramage William E $199,500 --
Ramage William E $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Deeann $352,000
Previous Owner Ramage William E $148,000
Previous Owner Ramage William E $159,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $440,000 +2.6% $244 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $429,000 -- $238 / 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 $2,054 $127,996 $21,600 $106,396
2023 $2,013 $109,961 $19,200 $90,761
2022 $1,904 $104,051 $19,200 $84,851
2021 $1,775 $94,658 $19,200 $75,458
2020 $1,678 $86,490 $19,200 $67,290
2019 $1,689 $86,490 $19,200 $67,290
2018 $1,696 $86,490 $19,200 $67,290
2017 $1,626 $86,490 $19,200 $67,290
2016 $1,630 $86,490 $19,200 $67,290
2015 $1,625 $84,366 $19,200 $65,166
2014 $1,633 $84,366 $19,200 $65,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20025948

Georgia MLS

APN: 036B-070B