NOT LISTED FOR SALE

38 Butternut Ln Lakemont, GA 30552

Estimated Value: $930,000 - $1,482,000

5 Beds
4 Baths
1,456 Sq Ft
$851/Sq Ft Est. Value

Last Sold April 02, 2015

Last sale price $805,000 $553 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,290/month

333 Days on Market

Highlights

  • Boathouse includes two slips
  • Community Lake
  • Great Room
  • Rabun County High School Rated 9+
  • Dock Rights
  • Combination Dining and Living Room

About This Home

As of April 2015

Experience tranquil lake living with space and style. 5 bedroom, 4 baths, great room with vaulted ceiling and fireplace with atrium doors opening to wraparound deck. Custom kitchen with granite countertops, island and stainless steel appliances. Hardwood floors. Two master suites, each with private deck. Family room for indoor entertainment and recreation. Surround sound for movie time. Two stall, two story boathouse, fire pit area, large yard on lakefront, double garage.

Last Agent to Sell the Property

Scott Poss

Poss Realty License #10133 Listed on: 04/03/2014

Last Buyer's Agent

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201

Ansley RE | Christie's Int'l RE

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,035

Year Built

  • 1993

Lot Details

  • 1.25

Interior Spaces

  • Great Room
  • Family Room
  • Combination Dining and Living Room

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Boathouse includes two slips
  • Dock Rights

Schools

  • Rabun County / Rabun / Rabun County Elementary And Middle School
  • Rabun County / Rabun / Rabun County High School

Utilities

  • Well
  • Septic Tank

Community Details

  • Community Lake

Property Details

Home Type

Other

Est. Annual Taxes

$4,035

Year Built

1993

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1993

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Gas Starter
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Double Oven, Garbage Disposal, Icemaker Line, Built-In Microwave, Wall Oven, Refrigerator
  • Feature Name: Lake Seed
  • Interior Amenities: Vaulted Ceilings, Ceilings 9 Ft Plus, Entrance Foyer, Garden Tub, Hardwood Floors, Recently Renovated, Separate Shower, Walk-in Closet, Wet Bar
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 696
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Island, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 1456

Exterior Features

  • Boathouse/Dock: Boathouse - 2 Slip, Dock Rights
  • Construction: Concrete Siding, Stone/Frame
  • Exterior Features: Balcony, Deck/Patio, Porch
  • Roof Type: Composition
  • Waterfront Type: Stream/Creek/River, Utility Company Controlled, Water View, Waterfront

Garage/Parking

  • Parking: Attached, Garage

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Water/Sewer: Septic Tank, Well

Association/Amenities

  • Amenities: Lake

Schools

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

Lot Info

  • Lot Description: Private Backyard
  • Lot Size: 1-2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Ott Douglas E
Bought by
Wolf Marti Haralson and Wolf John Joseph
Total Days on Market
333
Current Estimated Value
$1,238,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$448,725
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$790,027

Purchase Details

Listed on
Apr 3, 2014
Closed on
Apr 2, 2015
Sold by
Benson William Scott
Bought by
Ott Douglas E
Seller's Agent
Scott Poss
Poss Realty
Buyer's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
List Price
$895,000
Sold Price
$805,000
Premium/Discount to List
-$90,000
-10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$208,227
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1998
Bought by
Benson William Scott and Benson David
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
Wolf Marti Haralson $825,000 --
Wolf Marti Haralson $825,000 --
Ott Douglas E $805,000 --
Ott Douglas E $805,000 --
Benson William Scott $269,000 --
Benson William Scott $269,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Marti Haralson $500,000
Closed Wolf Marti Haralson $500,000
Previous Owner Ott Douglas E $208,227
Previous Owner Wilson Philip $477,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2015 04/02/15 Sold $805,000 -10.1% $553 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
10/02/2014 10/02/14 For Sale $895,000 +11.2% $615 / Sq Ft
09/27/2014 09/27/14 Off Market $805,000 -- --
04/03/2014 04/03/14 For Sale $895,000 -- $615 / 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 $4,035 $251,430 $0 $251,430
2023 $4,044 $220,960 $0 $220,960
2022 $4,133 $210,846 $0 $210,846
2021 $3,484 $185,792 $0 $185,792
2020 $3,240 $167,044 $0 $167,044
2019 $3,263 $167,044 $0 $167,044
2018 $2,066 $105,407 $0 $105,407
2017 $1,982 $105,407 $0 $105,407
2016 $1,987 $105,407 $0 $105,407
2015 $2,080 $108,000 $0 $108,000
2014 $2,091 $108,000 $0 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07247373

Georgia MLS

APN: LN01-015-L