NOT LISTED FOR SALE

394 Lake Forest Dr Ellijay, GA 30540

Estimated Value: $1,369,000 - $1,533,000

3 Beds
3 Baths
4,094 Sq Ft
$354/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $700,000 $171 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $8,341/month

211 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Mountain View
  • Spa
  • 7.65 Acre Lot
  • Deck

About This Home

As of July 2021

Gorgeous Custom Built Home, located in a private gated community with walking access to Carters Lake. Don't miss out, this home features a large eat-in kitchen with a bar and two extra seating areas for large groups. Cathedral ceilings with large great room. First floor has 2 queen beds and a bunk bed, large bathroom with double sinks and a laundry room. Upstairs features a great loft and master bed/bath. There is also a small loft in master room that sleeps two kids. Basement has over-sized game/TV room and large bedroom with a king bed and two bunks. Extra bonus room which makes a great 4th bedroom. Enjoy one of the many decks to watch the wildlife or take a walk to Carters Lake for some good fishing. Fire Pit, Hot Tub, Basketball Court, Horse Shoes and much, much more. There is pored foundation for a future Garage/mother-in-law suite. Proven rental record

Last Agent to Sell the Property

Melani Grindley

Coldwell Banker High Country Realty - Ellijay Brokerage Phone: 7062761254 License #385859 Listed on: 11/24/2020

Coldwell Banker High Country Realty - Ellijay

Last Buyer's Agent

Non NON-MLS MEMBER

NON-MLS OFFICE License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,246

Year Built

  • Built in 2005

Lot Details

  • 7.65 Acre Lot
  • Lake Front

Property Views

  • Mountain
  • Seasonal

Home Design

  • Cabin
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 4,094 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Spa
  • Deck
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 3009B 011

Community Details

Overview

  • Property has a Home Owners Association
  • Lakeland Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,246

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Residential
  • Road Frontage Type: Road, Lakefront
  • Lot Size Acres: 7.65
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Lakeland Estates
  • Above Grade Finished Sq Ft: 4094
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 7062761254
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher, Washer, Dryer
  • Has Basement: Finished
  • Furnished: Furnished
  • Spa Features: Heated
  • Private Spa: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: Pantry, Ceiling Fan(s), Cathedral Ceiling(s), Wood
  • Living Area: 4094
  • Main Level Bedrooms: 1
  • Window Features: Insulated Windows
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Shingle
  • View: Mountain(s), Seasonal, Year Round
  • Topography: Wooded,Level,Sloping
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Log, Log Siding
  • Exterior Features: Private Yard, Fire Pit
  • Patio And Porch Features: Front Porch, Deck, Screened
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake Access
  • Senior Community: No
  • Association Fee: 690
  • Association: Yes

Schools

  • Junior High Dist: Gilmer County

Lot Info

  • Lot Size Sq Ft: 333234
  • Parcel #: 3009B 011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jul 16, 2021
Sold by
Myers David E
Bought by
Carters Lake Resort Llc
Seller's Agent
Melani Grindley
Coldwell Banker High Country Realty - Ellijay
Buyer's Agent
Non NON-MLS MEMBER
NON-MLS OFFICE
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,450,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$750,568
Avg. Annual Appreciation
19.55%

Purchase Details

Closed on
Jul 28, 2009
Sold by
Federal National Mortgage Association
Bought by
Myers David E and Mcelhaney William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,800
Interest Rate
5.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2009
Sold by
Grindley Glen S
Bought by
Citi Mortgage Inc

Purchase Details

Closed on
May 10, 2005
Sold by
Glenridge Capital Inc
Bought by
Grindley Glen

Purchase Details

Closed on
Apr 27, 2005
Sold by
Worth Enterprises Inc
Bought by
Glenridge Capital Inc
Source: Public Records

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
Carters Lake Resort Llc $700,000 --
Myers David E $318,500 --
Citi Mortgage Inc $435,300 --
Federal National Mortgage Association -- --
Citimortgage Inc $435,290 --
Grindley Glen -- --
Glenridge Capital Inc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers David E $254,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $700,000 0.0% $171 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $700,000 -- $171 / 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 $5,246 $338,588 $69,600 $268,988
2023 $4,864 $304,116 $34,800 $269,316
2022 $4,879 $277,236 $37,680 $239,556
2021 $4,020 $202,556 $25,120 $177,436
2020 $3,495 $158,912 $23,040 $135,872
2019 $3,599 $158,912 $23,040 $135,872
2018 $3,551 $154,792 $18,920 $135,872
2017 $3,140 $127,640 $23,160 $104,480
Source: Public Records

Agents Affiliated with this Home

  • Melani Grindley

    Seller's Agent in 2021

    Melani Grindley

    Coldwell Banker High Country Realty - Ellijay

    (404) 317-2454

    96 in this area

    124 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Non NON-MLS MEMBER

    NON-MLS OFFICE

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 302529

Northeast Georgia Board of REALTORS®

APN: 3009B-011

Georgia Gilmer County Ellijay 30540

394 Lake Forest Dr, Ellijay, GA

This home is located at 394 Lake Forest Dr, Ellijay, GA 30540 since 24 November 2020 and is currently estimated at $1,447,261, approximately $353 per square foot. This property was built in 2005. 394 Lake Forest Dr is a home located in Gilmer County with nearby schools including Ellijay Elementary School, Gilmer Middle School, and Clear Creek Elementary 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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