NOT LISTED FOR SALE

340 Ruby Gulch Morganton, GA 30560

Estimated Value: $526,263 - $696,000

3 Beds
3 Baths
2,495 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $505,000 $202 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,528/month

86 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Great Room
  • Private Lot
  • 3 Fireplaces
  • No HOA

About This Home

As of January 2024

Are you in need of an “Altitude Adjustment?” Atop Ruby Gulch, your mountain retreat awaits you where you can happily escape the cares of the world! You’ll enjoy the most picturesque scenery as you travel along stunning farmlands and mountain views to this cabin. The location allows you to feel completely secluded yet is just a quick drive to the city of Morganton, as well as Blue Ridge, and natural amenities are just a "hop, skip & a jump" with the swinging bridge, Toccoa River & Lake Blue Ridge just down the road. This private oasis has been a great nightly rental – guests love the home & view, and you’re sure to, too! You’ll appreciate three levels of living space, decks to enjoy the year-round mountain view, and stone fireplaces. The main level living space offers soaring ceilings that unite the kitchen, living room & dining area. You’ll appreciate wood throughout the home giving it a warm and rustic feel. Other highlights include a bedroom and bathroom on each level with a large sleeping loft upstairs. Your mountain dream come true...

Last Listed By

Nathan Fitts

Nathan Fitts & Team License #216251 Listed on: 09/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,421

Year Built

  • Built in 2007

Lot Details

  • 2.08 Acre Lot
  • Private Lot

Parking

  • Parking Accessed On Kitchen Level

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Great Room
  • Family Room
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • East Fannin Elementary School
  • Fannin County Middle School
  • Fannin County High School

Utilities

  • Central Heating and Cooling System
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wilscot Mountain Subdivision

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,421

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 7
  • Section: 1
  • Year Built: 2007
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: 2.08
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Total Finished Area2: 2495
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: Finished, Full
  • Below Grade Finished Sq Ft: 910
  • Total Finished Sq Ft: 1585
  • Above Grade Finished Sq Ft: 1585
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Flooring: Hardwood
  • Price Per Square Foot: 202.404

Beds/Baths

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

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: Private
  • Property Condition: Resale
  • Roof: Composition
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Kitchen Level

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: East Fannin
  • High School: Fannin County
  • Middle School: Fannin County
  • Elementary School: East Fannin
  • Middle School: Fannin County
  • High School: Fannin County

Lot Info

  • Land Lot: 26
  • Lot: 4
  • Deed Book: 1377
  • Deed Page: 230
  • Plat Book: D29
  • Plat Page: 4

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Jan 25, 2024
Sold by
Weiner Michael P
Bought by
Boehman Brian Michael and Thomas Mark S
Seller's Agent
Nathan Fitts
Nathan Fitts & Team
Buyer's Agent
Doug Morgan
RE/MAX Town & Country
List Price
$505,000
Sold Price
$505,000
Total Days on Market
86
Views
98
Current Estimated Value
$597,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,066
Avg. Annual Appreciation
4.56%
Original Mortgage
$230,000
Outstanding Balance
$227,265
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$306,911

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 9, 2020
Sold by
Woodward Thomas S
Bought by
Weiner Michael P
Seller's Agent
Sandy Wilbanks
Ansley Real Estate Christie's Int. Real Estate
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$319,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2016
Sold by
Williams Dana
Bought by
Woodward Thomas S

Purchase Details

Closed on
Mar 27, 2007
Sold by
Daves James M
Bought by
Woodward Thomas S and Woodward Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2005
Sold by
Wilscot Mountain Propertie
Bought by
Long Billy David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2003
Sold by
Wilscot Mountain Properties Llc
Bought by
Daves James M and Daves Jeff

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
Boehman Brian Michael $505,000 --
Weiner Michael P $399,000 --
Woodward Thomas S -- --
Woodward Thomas S $356,000 --
Long Billy David $50,000 --
Daves James M $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boehman Brian Michael $230,000
Previous Owner Weiner Michael P $319,200
Previous Owner Woodward Thomas S $242,000
Previous Owner Woodward Thomas S $284,800
Previous Owner Woodward Thomas S $284,800
Previous Owner Long Billy David $160,000
Previous Owner Daves James M $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $505,000 0.0% $202 / Sq Ft
12/20/2023 12/20/23 Price Changed $505,000 0.0% $202 / Sq Ft
12/20/2023 12/20/23 For Sale $505,000 -12.9% $202 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/13/2023 12/13/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $579,900 0.0% $232 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $579,900 +45.3% $232 / Sq Ft
10/09/2020 10/09/20 Sold $399,000 0.0% $175 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $399,000 -- $175 / 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 $2,421 $264,114 $40,220 $223,894
2023 $2,231 $218,782 $40,220 $178,562
2022 $2,251 $220,859 $40,220 $180,639
2021 $1,711 $122,009 $40,220 $81,789
2020 $1,616 $113,358 $37,939 $75,419
2019 $1,647 $113,358 $37,939 $75,419
2018 $1,746 $113,358 $37,939 $75,419
2017 $2,374 $134,165 $37,939 $96,226
2016 $2,148 $126,454 $38,122 $88,332
2015 $2,261 $127,403 $38,122 $89,281
2014 $2,368 $134,452 $38,122 $96,330
2013 -- $115,610 $38,121 $77,488
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 20148958

Georgia MLS

APN: 0014-005A1A