NOT LISTED FOR SALE

308 Sims Way Rabun Gap, GA 30568

Estimated Value: $530,873 - $792,000

3 Beds
4 Baths
2,789 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $451,750 $162 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,494/month

98 Days on Market

Highlights

  • Lake View
  • 2.2 Acre Lot
  • Deck
  • Waterfront
  • Craftsman Architecture
  • Private Lot

About This Home

As of February 2023

Gorgeous year round mountain and lake views can be enjoyed from the rocking chair front porch and mountain views from the large back deck with screened in dining area. The open concept Living, Dining, Kitchen with (NEW STAINLESS APPLIANCES) also features vaulted beamed ceilings. Experience cozy evenings with the stone fireplace in the main living area. NEW PAINT throughout the homes brings in bright fresh light. 3 large bedrooms, 2 full baths and 2 half baths. Master suite on main level features newly renovated master bath, jumbo walk in shower with dual shower heads. Soak away you stress in the new master bath jet tub. Also in the master is a huge cedar walk in closet. On the opposite side of house and up stairs are 2 spacious guest bedrooms and full bath. The walk out lower level features a large Bonus room or it could be the ultimate man cave, guest suite, wet bar, 1/2 bath and office/exercise room. Whole house water filter, whole house generator, and on demand hot water. (Short Term Rental is Allowed in Sylvan Falls) You must see this one to appreciate all it has to offer. Call today for a showing.

Last Agent to Sell the Property

Dane Smith

Poss Realty License #393950 Listed on: 09/28/2022

Last Buyer's Agent

Rynda Ellis

Waldrip Real Estate License #324180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1990

Lot Details

  • 2.2 Acre Lot
  • Waterfront
  • Kennel or Dog Run
  • Private Lot
  • Sloped Lot
  • Partially Wooded Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Country Style Home
  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,789 Sq Ft Home
  • Roommate Plan
  • Rear Stairs
  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Game Room
  • Screened Porch

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Crawl Space
  • Natural lighting in basement

Parking

  • 4 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Power Generator
  • Propane
  • Private Water Source
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Sylvan Lake Falls Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,652

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • ArchitecturalStyle: Country/Rustic, Craftsman, Ranch
  • Lower Level Half Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Electric: Generator
  • Financing Type: Other
  • Levels: Multi/Split
  • Lot Size Acres: 2.20
  • Other Sturctures: Kennel/Dog Run, Workshop, Garage(s), Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2789
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Tankless Water Heater, Electric Water Heater, Dryer, Washer, Cooktop, Dishwasher, Ice Maker, Microwave, Oven (Wall), Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Bath Finished, Crawl Space, Daylight, Interior Entry, Exterior Entry, Finished, Partial
  • Total Finished Sq Ft: 2789
  • Above Grade Finished Sq Ft: 2789
  • Interior Amenities: Bookcases, Double Vanity, Soaking Tub, Rear Stairs, Separate Shower, Tile Bath, Walk-In Closet(s), In-Law Floorplan, Master On Main Level, Roommate Plan, Split Bedroom Plan
  • Feature Name: Sylvan Lake
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplace Features: Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Bar, Country Kitchen, Kitchen Island, Pantry, Walk-in Pantry
  • Window Features: Double Pane Windows, Bay Window(s), Window Treatments
  • Price Per Square Foot: 179.096

Beds/Baths

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

Exterior Features

  • Construction Materials: Wood Siding
  • ExteriorFeatures: Balcony
  • Foundation Details: Block
  • Lot Features: Private, Sloped
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal
  • View: Mountain(s), Lake

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level, Off Street
  • ParkingTotal: 4

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Electric, Central, Heat Pump
  • Laundry Features: In Kitchen
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet, Propane
  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: None

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: 2021
  • Tax Annual Amount: 1652.18

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Feb 17, 2023
Sold by
Runk Christopher
Bought by
Paulhus Patricia and Paulhus Normand B
Seller's Agent
Dane Smith
Poss Realty
Buyer's Agent
Rynda Ellis
Waldrip Real Estate
List Price
$499,500
Sold Price
$451,750
Premium/Discount to List
-$47,750
-9.56%
Views
72
Current Estimated Value
$616,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,468
Avg. Annual Appreciation
12.85%
Original Mortgage
$337,600
Outstanding Balance
$328,914
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$291,951

Purchase Details

Closed on
Nov 1, 2000
Bought by
Runk Christopher

Purchase Details

Closed on
Dec 1, 1994

Purchase Details

Closed on
Oct 1, 1993

Purchase Details

Closed on
Sep 1, 1988

Purchase Details

Closed on
May 1, 1978
Source: Public Records

Range of Values:

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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
Paulhus Patricia $451,750 --
Runk Christopher $230,000 --
Runk Christopher $230,000 --
-- $190,000 --
-- $190,000 --
-- $7,500 --
-- $7,500 --
-- $7,500 --
-- $7,500 --
-- $7,500 --
-- $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulhus Patricia $337,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $451,750 -9.6% $162 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
11/18/2022 11/18/22 For Sale $499,500 0.0% $179 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $499,500 -5.6% $179 / Sq Ft
09/28/2022 09/28/22 For Sale $529,000 -- $190 / 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 $2,728 $171,941 $18,000 $153,941
2023 $2,190 $119,670 $18,000 $101,670
2022 $1,791 $97,846 $15,000 $82,846
2021 $1,652 $88,116 $15,000 $73,116
2020 $1,592 $82,079 $15,000 $67,079
2019 $1,603 $82,079 $15,000 $67,079
2018 $1,609 $82,079 $15,000 $67,079
2017 $1,480 $78,718 $15,000 $63,718
2016 $1,484 $78,718 $15,000 $63,718
2015 $1,517 $78,796 $15,000 $63,796
2014 $1,525 $78,796 $15,000 $63,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10095957

Georgia MLS

APN: 040C-058