NOT LISTED FOR SALE

295 Morse Elm Loop Waleska, GA 30183

Estimated Value: $451,677 - $544,000

4 Beds
3.5 Baths
2,709 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $289,900 $107 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,185/month

8 Days on Market

Highlights

  • Marina
  • Open-Concept Dining Room
  • Lake View
  • Golf Course Community
  • Gated Community
  • Community Lake

About This Home

As of March 2020

Nestled on over 3/4 acre wooded lot in the pristine gated community of Lake Arrowhead, this 4 BR 3 & 1/2 bath ranch home with full terrace level is the perfect mountain/lake retreat! With its vaulted ceilings and open concept layout, this home is great for entertaining. The upper and lower decks as well as screened porch overlook the private wooded backyard with seasonal mountain views and creek! The white kitchen has breakfast island, upgraded SS appliances, and huge pantry. The main level owner's suite boasts a large walk in closet with built ins and master bath with his & her vanities, separate garden tub and shower. The guest room/office has a separate access to back deck. The huge finished terrace level provides a separate living area with a media/rec room, wet bar, 2 additional bedrooms each with own full bath! Separate workshop/storage room as well. The massive lower deck has a great swinging bench to relax on those hot summer days. The outdoor wooden swing and arbor adds to the beauty of the natural landscape! Side 2 car garage and mudroom entry! New exterior/interior paint and new carpet in all bedrooms! Lake Arrowhead amenities include a private 540 acre stream fed lake which is ranked one of the cleanest lakes in the state where you can slip your boat or rent one. Plus, there is an 18 hole Championship Highlands Golf Course, tennis & pickle ball courts, a 40 acre swim and sports complex, a full service restaurant and grill, hiking & jogging trails, and year round activities for all ages! Great Cherokee schools! No initiation fee!

Last Agent to Sell the Property

Elizabeth Martin

Atlanta Communities License #387478 Listed on: 02/13/2020

Atlanta Communities

Last Buyer's Agent

Samantha Turner

EXP Realty, LLC. License #379159

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,694

Year Built

  • Built in 2002

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 208x196x161x178
  • Property fronts a private road
  • Property has an invisible fence for dogs
  • Landscaped
  • Sloped Lot
  • Wooded Lot
  • Private Yard

HOA Fees

  • $178 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Ranch Style House
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,709 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Home Office
  • Game Room
  • Workshop
  • Screened Porch
  • Lake Views
  • Laundry in Mud Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Creek On Lot
  • Deck
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • 110 Volts
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 & 4 / 5
  • Assessor Parcel Number 22N15 05003

Community Details

Overview

  • Laycc Association, Phone Number (770) 721-7900
  • Lake Arrowhead Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Powered Boats Allowed
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,694

Year Built

Built in 2002

Lot Details

0

HOA Fees

$178 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Gas Log, Great Room, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Double Oven, Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator, Microwave, Self Cleaning Oven
  • Interior Amenities: High Ceilings 9 ft Main
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets White, Solid Surface Counters, Kitchen Island, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Office, Workshop
  • Dining Room Features: Open Concept
  • Square Footage: 2709.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Other Structures: Workshop
  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Lake Name: Arrowhead
  • Fencing: Invisible
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened
  • Exterior Features: Private Yard
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Garage, Level Driveway

Utilities

  • Water Source: Private
  • Security: Fire Alarm, Security Gate, Security Service, Smoke Detector(s), Security System Owned
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Laundry Features: Mud Room
  • Utilities: Cable Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Security, Swim/Tennis
  • Community Features: Powered Boats Allowed, Clubhouse, Gated, Golf Course, Homeowners Assoc, Lake, Marina, Pool, Tennis Court(s)
  • Association Fee: 2136
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-721-7900
  • Subdivision Complex: Lake Arrowhead

Association/Amenities

  • Management Company: LAYCC

Schools

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

Lot Info

  • Acres: 0.8070
  • Lot: 3 & 4
  • Land/Lot: 275
  • Section G M D: 2
  • Deed Book: 13773
  • Deed Page: 297
  • Plat Book: 9
  • Plat Page: 26
  • Lot Features: Creek On Lot, Landscaped, Private, Sloped, Wooded
  • Lot Dimensions: 208x196x161x178
  • Parcel Number: 22N15 05003
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2694.00
  • Assessor Parcel Number: 022N15-00005-003-000-0000
  • Close Date: 2020-03-18
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 18, 2020
Sold by
Shimp Nathan
Bought by
Beauchamp Alison Denise
Seller's Agent
Elizabeth Martin
Atlanta Communities
Buyer's Agent
Samantha Turner
EXP Realty, LLC.
List Price
$289,900
Sold Price
$289,900
Total Days on Market
8
Current Estimated Value
$479,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,769
Avg. Annual Appreciation
10.07%
Original Mortgage
$274,623
Outstanding Balance
$245,257
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$234,412

Purchase Details

Closed on
Apr 1, 2016
Sold by
Thomas Earl R
Bought by
Shimp Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,326
Interest Rate
3.64%
Mortgage Type
VA
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 Buyer Sale Price Title Company
Beauchamp Alison Denise $289,900 --
Shimp Nathan $272,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beauchamp Alison Denise $274,623
Previous Owner Shimp Nathan $262,326
Previous Owner Thomas Earl R $184,490
Previous Owner Thomas Earl R $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $289,900 0.0% $107 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $289,900 0.0% $107 / Sq Ft
02/08/2020 02/08/20 Price Changed $289,900 -- $107 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $3,919 $150,800 $10,920 $139,880
2023 $3,843 $146,200 $10,920 $135,280
2022 $3,699 $140,720 $10,920 $129,800
2021 $3,292 $115,960 $10,125 $105,835
2020 $2,981 $111,280 $10,920 $100,360
2019 $2,792 $103,160 $10,920 $92,240
2018 $2,694 $98,320 $10,920 $87,400
2017 $679 $221,400 $9,360 $79,200
2016 $679 $183,100 $9,360 $63,880
2015 $704 $184,900 $9,360 $64,600
2014 $646 $170,100 $9,360 $58,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6672447

First Multiple Listing Service (FMLS)

APN: 022N15-00005-003-000-0000