NOT LISTED FOR SALE

Estimated Value: $657,000

149.94 Acres
$4,382 Price per Acre
6,531,386 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $4,125,000 $2,363 Per Sq Ft

Current estimated payment $4,052/month

323 Days on Market

Highlights

  • Lake On Lot
  • 149.94 Acre Lot
  • Level Lot
  • Avery Elementary School Rated A
  • Landscaped with Trees

About This Lot

As of December 2018

Beautiful 149.94 Acres with small lake. Zoned R40. Two Parcels Sold As One! Seller will not Sell Separately. Wonderful opportunity for an Estate Home Community. Top Creekview school district. Frontage 3308 Arbor Hill Rd with side rear access from the property at Tellico Rd. Tellico Rd access would need to be brought up to County Standards and approved and accepted by the county for county maintenance.
Boundary Survey attached to the listing.Additional documents to be added to the listing at a later date!

Last Agent to Sell the Property

Joyce Hassey Teitelman

Berkshire Hathaway HomeServices Georgia Properties License #131045 Listed on: 09/12/2017

Berkshire Hathaway HomeServices Georgia Properties

Last Buyer's Agent

Gordon Waters

Engel & Völkers Atlanta License #285120

Engel & Völkers Atlanta

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,246

Lot Details

  • 149.94 Acre Lot
  • Level Lot
  • Landscaped with Trees
  • Property is zoned R40

Schools

  • Avery Elementary School
  • Creekland - Cherokee Middle School
  • Creekview High School

Additional Features

  • Lake On Lot
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 03N18 115

Property Details

Property Type

Land

Est. Annual Taxes

$1,246

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Residential
  • Property Condition: Resale
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available

Lot Info

  • Acres: 149.9400
  • Timber: Mixed
  • Possible Use: Residential
  • Section G M D: 2
  • Current Zoning: R40
  • Current Use: Vacant
  • Lot Features: Lake On Lot, Level, Rolling Slope
  • Parcel Number: 03N18 115
  • Price Acre Dollar: 27511.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 1246.00
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Avery
  • High School: Creekview
  • Middle School: Creekland - Cherokee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Arbor Hill Holdings Llc
Bought by
Tellico Properties Llc
Current Estimated Value
$657,000

Purchase Details

Listed on
Sep 12, 2017
Closed on
Dec 28, 2018
Sold by
Lys Properties Llc
Bought by
Arbor Hill Holdings Llc
Seller's Agent
Joyce Hassey Teitelman
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Gordon Waters
Engel & Völkers Atlanta
List Price
$6,447,420
Sold Price
$4,125,000
Premium/Discount to List
-$2,322,420
-36.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.14%
Original Mortgage
$3,993,410
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Kay Jonna
Bought by
Lys Properties Llc

Purchase Details

Closed on
Jul 23, 2014
Sold by
Arbor Hill Road Land Trust
Bought by
Morrison John S Wam Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tellico Properties Llc $5,846,373 --
Arbor Hill Holdings Llc $4,125,000 --
Lys Properties Llc $260,400 --
Morrison John S Wam Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arbor Hill Holdings Llc $3,993,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $4,125,000 -13.2% $2,363 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
06/12/2018 06/12/18 Price Changed $4,750,000 +1.1% $2,721 / Sq Ft
06/12/2018 06/12/18 Price Changed $4,700,000 -27.1% $2,692 / Sq Ft
09/12/2017 09/12/17 For Sale $6,447,420 -- $3,693 / 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
2025 $7,154 $272,400 $272,400 --
2024 $6,110 $235,120 $235,120 $0
2023 $5,056 $194,560 $194,560 $0
2022 $5,114 $194,560 $194,560 $0
2021 $4,603 $162,160 $162,160 $0
2020 $4,608 $162,160 $162,160 $0
2019 $4,608 $162,160 $162,160 $0
2018 $4,639 $162,280 $162,280 $0
2017 $3,645 $368,200 $147,280 $0
2016 $3,645 $313,000 $122,320 $2,880
2015 $3,945 $335,500 $122,320 $11,880
2014 $3,364 $285,500 $102,360 $11,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5906643

First Multiple Listing Service (FMLS)

APN: 003N18-00000-085-000-0000