NOT LISTED FOR SALE

3903 Lake Rabun Rd Lakemont, GA 30552

Estimated Value: $3,586,000 - $6,384,000

5 Beds
6 Baths
5,500 Sq Ft
$901/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $2,592,500 $471 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $27,522/month

441 Days on Market

Highlights

  • 180 Feet of Waterfront
  • Boathouse includes two slips
  • Dining Room Seats More Than Twelve
  • Marina
  • Community Lake
  • Stationary Dock

About This Home

As of June 2014

Enjoy the finest of casual Lakefron Living! Fee simple, 1.5+ acres. Custom designed by Bill Baker in 2006. River rock and shingle construction, slate roof, copper gutters, heart pine flrs, Master on main, gourmet kitchen, timber frame beams showcase soaring ceiling. 5BD/5.5BA, screened lakeside porch with grill & fireplace...perfect for entertaining. Huge lower level Family room suite with fireplace for all ages to enjoy. Lakeside stone patio makes casual dining a delight. Two slip boathouse with half screened deck & two docks for ample watercraft mooring. 10 ft ceilings- all bedroons have priv baths- lower level storage for boats, water toys & exercise room. low maintenance Professional landscaping.

Last Agent to Sell the Property

MARY COBB

Harry Norman REALTORS License #141340 Listed on: 03/01/2013

Last Buyer's Agent

Tom Stanfill

Poss Realty License #165854

Property Details

Home Type

  • Other

Year Built

  • 2006

Lot Details

  • 180 Feet of Waterfront

Home Design

  • Ceiling Insulation

Interior Spaces

  • 5,500 Sq Ft Home
  • Double Pane Windows
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Library
  • Recreation Room
  • Home Gym

Laundry

  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Intercom
  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Seawall
  • Boathouse includes two slips
  • Stationary Dock
  • Dock Rights

Schools

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

Utilities

  • Private Water Source
  • Gas Water Heater
  • Septic Tank

Community Details

Recreation

  • Marina

Additional Features

  • Community Lake
  • Guest Suites
  • Security

Property Details

Home Type

Other

Year Built

2006

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2006

Interior Features

  • Fireplace(s): 3, In Great/Family Room, In Living Room, Gas Starter
  • Basement: Bath Finished, Boat Door, Daylight, Outside Entrance, Finished Rooms, Full
  • Equipment: Burglar Alarm, Smoke/Fire Alarm, Dryer, Intercom/Radio, Washer
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Icemaker Line, Built-In Microwave, Refrigerator
  • Feature Name: Rabun
  • Interior Amenities: Cable In Street, Cable TV Connections, Ceilings 9 Ft Plus, Double Vanity, Exposed Beams, Entrance Foyer, Pulldown Attic Stairs, Wet Bar
  • Laundry Location: Upstairs
  • Laundry Type: Room
  • Kitchen / Breakfast: Island, Pantry, Solid Surface Counters, Walk-in Pantry
  • Above Grade Finished Sq Ft: 5500

Exterior Features

  • Boathouse/Dock: Boathouse - 2 Slip, Dock Rights, Seawall, Stationary Dock
  • Construction: Stone
  • Exterior Features: Balcony, Deck/Patio, Garden Area, Screen Porch, Sprinkler System
  • Roof Type: Slate
  • Waterfront Type: Deep Water Access, Private, Waterfront
  • Waterfront Frontage: 180

Garage/Parking

  • Parking: 3 Car Or More, Kitchen Level Entry

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Central, Heat Pump, Zoned/Dual
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Gas Water Heater
  • Water/Sewer: Private Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Guest Lodging, Lake, Marina, Security

Schools

  • Elementary School: South Rabun / Rabun / Rabun County, GA
  • Elementary Bus Line: No
  • High School: Rabun County / Rabun / Rabun County, GA
  • High School Bus: No
  • Middle School: Rabun County / Rabun / Rabun County, GA
  • Middle School Bus: No

Lot Info

  • Lot Description: Mountain View
  • Lot Size: 1-2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
Jun 17, 2014
Sold by
La Costa Development Corp
Bought by
Starjak Llc
Seller's Agent
MARY COBB
Harry Norman REALTORS
Buyer's Agent
Tom Stanfill
Poss Realty
List Price
$3,685,000
Sold Price
$2,592,500
Premium/Discount to List
-$1,092,500
-29.65%
Current Estimated Value
$4,955,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,362,695
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Mar 1, 2006
Sold by
Not Provided
Bought by
Lacosta Development Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Starjak Llc $2,592,500 --
Starjak Llc $2,592,500 --
Lacosta Development Corp $2,275,000 --
Lacosta Development Corp $2,275,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $2,592,500 -13.1% $471 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
02/27/2014 02/27/14 Price Changed $2,985,000 -6.7% $543 / Sq Ft
09/23/2013 09/23/13 Price Changed $3,199,000 -8.2% $582 / Sq Ft
06/07/2013 06/07/13 Price Changed $3,485,000 -5.4% $634 / Sq Ft
03/01/2013 03/01/13 For Sale $3,685,000 -- $670 / 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
2025 $17,792 $1,108,564 $337,500 $771,064
2024 $16,980 $1,057,964 $337,500 $720,464
2023 $17,300 $945,212 $297,000 $648,212
2022 $16,805 $918,137 $297,000 $621,137
2021 $15,593 $831,632 $270,000 $561,632
2020 $15,666 $807,697 $270,000 $537,697
2019 $15,777 $807,697 $270,000 $537,697
2018 $15,700 $800,837 $270,000 $530,837
2017 $15,056 $800,837 $270,000 $530,837
2016 $16,184 $858,492 $270,000 $588,492
2015 $15,650 $812,666 $270,000 $542,666
2014 $12,075 $623,698 $270,000 $353,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07059324

Georgia MLS

APN: LR03-009A