NOT LISTED FOR SALE

358 Lake Cove Cir Morganton, GA 30560

Estimated Value: $361,000 - $413,000

2 Beds
2 Baths
384 Sq Ft
$1,023/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $395,000 $1,029 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,323/month

3 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Wood Flooring
  • No HOA

About This Home

As of January 2024

The perfect investment opportunity with easy access to Lake Blue Ridge!! Successful, turnkey STR. Earn money from day 1. Sellers will work with you to take over existing bookings. Quiet lake community next to USFS land. Charming 2/2 cottage was completely renovated top to bottom and expanded in 2019-new electrical, plumbing, flooring, bathrooms, etc. Kitchen features stainless appliances, farmhouse sink, and leathered granite counters. Wrap-around covered porch leads to a private hot tub out back. Upstairs is huge bedroom with King bed with private bath. Main level has a cozy sleeping room (or office) with private bath. Easily control systems remotely with Nest products (thermostat, video doorbell, and door lock). Room to bring your boat, located less than 3 miles to public boat launch. 200 yards away, little known USFS campsite is the best area to enjoy a glass of wine!

Last Agent to Sell the Property

Greg Spencer

Ansley Real Estate Christie's Int. Real Estate Brokerage Phone: 7066134663 Listed on: 11/10/2023

Ansley Real Estate Christie's Int. Real Estate

Last Buyer's Agent

Bruce Erskine

Lake Homes Realty, LLC. License #345544

Lake Homes Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $993

Year Built

  • Built in 1969

Lot Details

  • 0.34

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • Insulated Windows
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank

Additional Features

  • Deck
  • 0.34 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0023 A 028

Home Details

Home Type

Single Family

Est. Annual Taxes

$993

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1969
  • Property Sub Type: Residential
  • Road Frontage Type: USFS
  • Lot Size Acres: 0.34
  • Road Surface Type: See Remarks
  • Above Grade Finished Sq Ft: 711
  • Architectural Style: Country/Rustic
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 7066134663
  • Special Features: None

Interior Features

  • Appliances: See Remarks
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: See Remarks
  • Window Features: Insulated Windows
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Metal
  • Topography: Sloping,Rolling
  • View: No
  • Waterfront: No
  • Construction Type: Frame, Concrete, Block, Stone
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street, Driveway (See Remarks)

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Natural Gas, Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 0023 A 028
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 5, 2024
Sold by
Dorian Joyce
Bought by
Arciniegas Astrid Daniela and Arciniegas Ingrid
Seller's Agent
Greg Spencer
Ansley Real Estate Christie's Int. Real Estate
Buyer's Agent
Bruce Erskine
Lake Homes Realty, LLC.
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Views
67
Current Estimated Value
$405,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,630
Avg. Annual Appreciation
1.07%
Original Mortgage
$195,000
Outstanding Balance
$192,516
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$209,136

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 7, 2021
Sold by
Lake Cove Properties Llc
Bought by
Dorian Joyce
Seller's Agent
Frank Tate
Sharp Real Estate Services
Buyer's Agent
Drew Dillard
REMAX Town & Country - Thomas Team
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$283,259
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2019
Sold by
Tate Frank M
Bought by
Lake Cove Properties Llc

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jun 5, 2017
Bought by
Tate Frank M and Spencer Gregory
Seller's Agent
Nancy Anderson Mac Lean
C-21 In The Mountains - Blue Ridge
Buyer's Agent
Non NON-MLS MEMBER
NON-MLS OFFICE
List Price
$63,200
Sold Price
$63,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%
Original Mortgage
$50,560
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2014
Sold by
Boruff Joan
Bought by
Boruff Joan Trustee Of The Joan Boruff

Purchase Details

Closed on
Jul 7, 1995
Bought by
Boruff Robert G and Boruff Jo

Purchase Details

Closed on
Jun 29, 1990
Bought by
Boruff Robert and Boruff Joan
Source: Public Records

Range of Values:

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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
Arciniegas Astrid Daniela $395,000 --
Dorian Joyce $315,000 --
Lake Cove Properties Llc -- --
Tate Frank M $63,200 --
Boruff Joan Trustee Of The Joan Boruff -- --
Boruff Robert G -- --
Boruff Robert $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arciniegas Astrid Daniela $195,000
Previous Owner Dorian Joyce $283,259
Previous Owner Tate Frank M $50,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $395,000 -1.0% $1,029 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $399,000 +26.7% $1,039 / Sq Ft
01/07/2021 01/07/21 Sold $315,000 0.0% $443 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $315,000 +398.4% $443 / Sq Ft
06/02/2017 06/02/17 Sold $63,200 0.0% $165 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
11/09/2016 11/09/16 For Sale $63,200 -- $165 / Sq Ft
Source: Northeast Georgia Board of REALTORS®

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 $993 $108,292 $7,200 $101,092
2023 $840 $82,427 $7,200 $75,227
2022 $850 $83,375 $7,200 $76,175
2021 $541 $38,557 $7,200 $31,357
2020 $299 $20,966 $7,200 $13,766
2019 $305 $20,966 $7,200 $13,766
2018 $323 $20,966 $7,200 $13,766
2017 $249 $14,055 $2,040 $12,015
2016 $192 $11,301 $2,040 $9,261
2015 $216 $12,160 $2,040 $10,120
2014 $222 $12,468 $2,040 $10,428
2013 -- $8,122 $2,040 $6,082
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Greg Spencer

    Ansley Real Estate Christie's Int. Real Estate

    Section Image
  • Bruce Erskine

    Buyer's Agent in 2024

    Bruce Erskine

    Lake Homes Realty, LLC.

    (706) 567-7070

    11 in this area

    39 Total Sales

    Section Image

  • F

    Seller's Agent in 2021

    Frank Tate

    Sharp Real Estate Services

  • D

    Buyer's Agent in 2021

    Drew Dillard

    RE/MAX

  • N

    Seller's Agent in 2017

    Nancy Anderson Mac Lean

    C-21 In The Mountains - Blue Ridge

  • N

    Buyer's Agent in 2017

    Non NON-MLS MEMBER

    NON-MLS OFFICE

See All Agents

Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 329884

Northeast Georgia Board of REALTORS®

APN: 0023-A-028

Georgia Fannin County Morganton 30560

358 Lake Cove Cir, Morganton, GA

This home is located at 358 Lake Cove Cir, Morganton, GA 30560 since 10 November 2023 and is currently estimated at $392,709, approximately $1,022 per square foot. This property was built in 1969. 358 Lake Cove Cir is a home located in Fannin County with nearby schools including Fannin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Georgia Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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