NOT LISTED FOR SALE

318 Sylvan Lake Dr Rabun Gap, GA 30568

Estimated Value: $315,000 - $426,000

3 Beds
3 Baths
1,125 Sq Ft
$323/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $133,000 $118 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,011/month

493 Days on Market

Highlights

  • Lake On Lot
  • Great Room
  • Park
  • Loft

About This Home

As of November 2015

Listen to the water rush over the dam from your covered porch while looking out across beautiful Sylvan Lake. This is a rare view and highly desirable location many of us dream about owning. Choose your view from one of two covered porches. This home provides a lot of why you come to the mountains; lake view, water falls, privacy, wooded lot, yet only minutes from Dillard, Mountain City and Clayton, GA. This cabin is a great family get-away. Sitting well above Sylvan Lake enjoy wood burning fireplace or sit on the porch enjoying the view; all for a price that will attract those that love the the Rabun lifestyle. Three bedrooms, a sitting area, two full baths and one half-bath. Windows and French doors keep the view available even while inside. Come see.

Last Agent to Sell the Property

Adrian Freeman

Poss Realty License #356265 Listed on: 06/16/2014

Last Buyer's Agent

Katherine Morgan

RE/MAX Center License #257083

RE/MAX Center

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,381

Year Built

  • 1980

Lot Details

  • 0.9

Interior Spaces

  • Great Room
  • Loft
  • Natural lighting in basement

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake On Lot

Utilities

  • Private Water Source
  • Community Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Park

Listing and Financial Details

  • Tax Lot 94

Property Details

Home Type

Other

Est. Annual Taxes

$1,381

Year Built

1980

Lot Details

0

Listing Details

  • District: 2
  • Property Setting: Lake
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built, Metal
  • Lower Level Bedroom: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement: Daylight
  • Equipment: Dryer, Washer
  • Kitchen Equipment: Garbage Disposal, Icemaker Line, Range/Oven, Refrigerator
  • Feature Name: Sylvan Lake
  • Interior Amenities: Cable TV Connections, Exposed Beams
  • Laundry Type: Closet
  • Below Grade Finished Sq Ft: 625
  • Kitchen / Breakfast: Breakfast Area
  • Above Grade Finished Sq Ft: 1125

Exterior Features

  • Roof: Metal/Steel
  • Exterior Features: Balcony, Porch, Water Feature
  • Construction: Rough-Sawn Siding, Wood Siding
  • Waterfront Type: Pond, Water View, Waterfront

Garage/Parking

  • Parking: 3 Car Or More

Utilities

  • Cooling: Ceiling Fan
  • Heating Fuel: Electric
  • Heating: Baseboard
  • Energy Features: Electric Water Heater
  • Water/Sewer: Community Well, Private Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 650
  • HOA Fee Frequency: Annual
  • Fees Include: Private Roads, Water

Association/Amenities

  • Amenities: Park

Schools

  • Elementary School: Rabun County Primary/Elementar / Rabun / Rabun County, GA
  • Middle School: Rabun County / Rabun / Rabun County, GA
  • High School: Rabun County / Rabun / Rabun County, GA

Lot Info

  • Lot Description: Mountain View, Sloping, Wooded
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
Mclaughlin Robert M
Bought by
Mclaughlin Ermal Elizabeth and Mclaughlin Robert Michael
Current Estimated Value
$346,320

Purchase Details

Closed on
Apr 20, 2018
Sold by
Risley Jami Lyn
Bought by
Mclaughlin Robert M and Mclaughlin Ermal Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2017
Sold by
Risley Christopher Byron
Bought by
Risley Jami Lyn

Purchase Details

Listed on
Jun 16, 2014
Closed on
Nov 13, 2015
Sold by
Risley Jami L
Bought by
Risley Jami L and Risley Christopher B
Seller's Agent
Adrian Freeman
Poss Realty
Buyer's Agent
Katherine Morgan
RE/MAX Center
List Price
$139,000
Sold Price
$133,000
Premium/Discount to List
-$6,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$119,700
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2001
Bought by
Carlyle Christopher S

Purchase Details

Closed on
Jun 1, 1999
Bought by
Carlyle Christoher

Purchase Details

Closed on
Dec 1, 1994

Purchase Details

Closed on
Dec 1, 1992

Purchase Details

Closed on
Jul 1, 1991

Purchase Details

Closed on
Apr 1, 1991

Purchase Details

Closed on
Jun 1, 1988

Purchase Details

Closed on
Jan 1, 1986

Purchase Details

Closed on
Oct 1, 1981

Purchase Details

Closed on
Nov 1, 1973

Purchase Details

Closed on
Sep 1, 1957

Purchase Details

Closed on
Feb 1, 1957
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
Mclaughlin Ermal Elizabeth -- --
Mclaughlin Robert M $162,500 --
Mclaughlin Robert M $162,500 --
Risley Jami Lyn -- --
Risley Jami Lyn -- --
Risley Jami L -- --
Risley Jami L -- --
Risley Jami L $133,000 --
Risley Jami L $133,000 --
Carlyle Christopher S $11,000 --
Carlyle Christopher S $11,000 --
Carlyle Christoher -- --
Carlyle Christoher -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- $30,000 --
-- $30,000 --
-- $17,000 --
-- $17,000 --
-- -- --
-- -- --
-- $2,800 --
-- $2,800 --
-- $170,000 --
-- $170,000 --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Robert M $120,000
Previous Owner Risley Jami L $119,700
Previous Owner Carlyle Christopher Shane $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $133,000 -4.3% $118 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
09/14/2015 09/14/15 Price Changed $139,000 0.0% $124 / Sq Ft
09/14/2015 09/14/15 For Sale $139,000 +4.5% $124 / Sq Ft
09/11/2015 09/11/15 Off Market $133,000 -- --
05/06/2015 05/06/15 Price Changed $147,000 -7.5% $131 / Sq Ft
12/12/2014 12/12/14 For Sale $159,000 +19.5% $141 / Sq Ft
12/11/2014 12/11/14 Off Market $133,000 -- --
08/16/2014 08/16/14 Price Changed $159,000 -5.9% $141 / Sq Ft
06/16/2014 06/16/14 For Sale $169,000 -- $150 / 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 $1,381 $86,021 $24,000 $62,021
2023 $1,417 $77,441 $24,000 $53,441
2022 $1,311 $71,613 $20,000 $51,613
2021 $1,233 $65,735 $20,000 $45,735
2020 $1,178 $60,730 $20,000 $40,730
2019 $1,186 $60,730 $20,000 $40,730
2018 $1,079 $55,018 $20,000 $35,018
2017 $997 $53,044 $20,000 $33,044
2016 $1,000 $53,044 $20,000 $33,044
2015 $975 $50,626 $20,000 $30,626
2014 $965 $50,626 $20,000 $30,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07287927

Georgia MLS

APN: 040C-043