NOT LISTED FOR SALE

3994 Brandon Mill Rd Lakemont, GA 30552

Estimated Value: $2,026,000 - $2,616,887

4 Beds
4 Baths
2,288 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold November 18, 2015

Last sale price $1,000,000 $437 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $13,206/month

333 Days on Market

Highlights

  • Marina
  • Boathouse includes two slips
  • Community Lake
  • Rabun County High School Rated 9+
  • Lake On Lot
  • Guest Suites

About This Home

As of November 2015

Lake Rabun's Big Basin View. Picturesque mountain and lake view. Spectacular glass windows draws the outside to the inside. Dramatic interiors with soaring ceilings bring an overwhelming effect to this unique property. Two massive stone fireplaces are the focal points of the contemporary architecture. Spacious updated kitchen and dining area overlook the surrounding decks and patios. Four bedrooms provide ample sleeping areas. Additional potential for the present lower living area. Two stalled covered boathouse and swim dock lakeside. 1.3 acre wooded lot provides privacy and security.

Last Agent to Sell the Property

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 11/05/2014

Ansley RE | Christie's Int'l RE

Last Buyer's Agent

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 11/05/2014

Ansley RE | Christie's Int'l RE

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,830

Year Built

  • 1987

Lot Details

  • 1.37

Home Design

  • Slab Foundation

Interior Spaces

  • Great Room
  • Family Room
  • Bonus Room
  • Alarm System

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Seawall
  • Boathouse includes two slips
  • Lake On Lot

Utilities

  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 2602

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Guest Suites

Recreation

  • Marina

Property Details

Home Type

Other

Est. Annual Taxes

$3,830

Year Built

1987

Lot Details

0

Listing Details

  • Property Setting: Lake
  • Special Features: None
  • Year Built: 1987

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Basement, In Great/Family Room, Masonry
  • Main Floor Bedrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement: Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full, Slab/None
  • Equipment: Burglar Alarm, Dryer, Satellite Dish, Washer
  • Kitchen Equipment: Dishwasher, Double Oven, Garbage Disposal, Built-In Microwave, Wall Oven, Range/Oven, Refrigerator
  • Feature Name: Lake Rabun
  • Interior Amenities: Cable TV Connections, Vaulted Ceilings, Ceilings 9 Ft Plus, Garden Tub, Hardwood Floors, Tile Bath, Tile Floors
  • Laundry Location: Kitchen Area
  • Laundry Type: Closet
  • Below Grade Finished Sq Ft: 560
  • Unfinished Below Grade Sq Ft: 192
  • Kitchen / Breakfast: Breakfast Bar, Country Kitchen, Island, Pantry, Solid Surface Counters, Walk-in Pantry
  • Above Grade Finished Sq Ft: 2288

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Porch
  • Boathouse/Dock: Boathouse - 2 Slip, Seawall
  • Construction: Stucco Unspecified, Wood Siding
  • Waterfront Type: Utility Company Controlled

Garage/Parking

  • Parking: 3 Car Or More, Parking Pad

Utilities

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

Association/Amenities

  • Amenities: Guest Lodging, Lake, Marina, Neighborhood Association

Schools

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

Lot Info

  • Lot Description: Mountain View, Sloping, Wooded
  • Lot Size: 1-2 Acres
  • Lot: 2602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2014
Closed on
Nov 18, 2015
Sold by
Troutman Gerald S
Bought by
Chelsea Ventures Llc
Seller's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
Buyer's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
List Price
$1,295,000
Sold Price
$1,000,000
Premium/Discount to List
-$295,000
-22.78%
Total Days on Market
333
Current Estimated Value
$2,295,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,295,722
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Sep 23, 2011
Sold by
Troutman Gerald S
Bought by
Troutman Gerald S

Purchase Details

Closed on
Aug 11, 2011
Sold by
Troutman Gerald S
Bought by
Troutman Gerald S

Purchase Details

Closed on
Sep 8, 2008
Sold by
Not Provided
Bought by
Troutman Gerald S and Troutman Miriam R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2004
Bought by
Feiner Lisabeth

Purchase Details

Closed on
Dec 1, 1991
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
Chelsea Ventures Llc $1,000,000 --
Chelsea Ventures Llc $1,000,000 --
Troutman Gerald S -- --
Troutman Gerald S -- --
Troutman Gerald S -- --
Troutman Gerald S -- --
Troutman Gerald S -- --
Feiner Lisabeth -- --
Feiner Lisabeth -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Troutman Gerald S $1,000,000
Previous Owner Troutman Gerald S $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2015 11/18/15 Sold $1,000,000 -14.9% $437 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
06/09/2015 06/09/15 Price Changed $1,175,000 -9.3% $514 / Sq Ft
11/05/2014 11/05/14 For Sale $1,295,000 -- $566 / 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 $3,830 $238,602 $0 $238,602
2023 $3,710 $202,708 $0 $202,708
2022 $3,532 $192,994 $0 $192,994
2021 $3,281 $175,012 $0 $175,012
2020 $3,046 $157,054 $0 $157,054
2019 $3,068 $157,054 $0 $157,054
2018 $3,003 $153,173 $0 $153,173
2017 $2,880 $153,173 $0 $153,173
2016 $2,888 $153,173 $0 $153,173
2015 $2,780 $144,340 $0 $144,340
2014 $2,794 $144,340 $0 $144,340
Source: Public Records

Agents Affiliated with this Home

  • Michael McGaughey

    Seller's Agent in 2015

    Michael McGaughey

    Ansley RE | Christie's Int'l RE

    (404) 606-3988

    1 Total Sale

    Michael McGaughey
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07361144

Georgia MLS

APN: LR03-090-L

Georgia Rabun County Lakemont 30552

3994 Brandon Mill Rd, Lakemont, GA

This home is located at 3994 Brandon Mill Rd, Lakemont, GA 30552 since 05 November 2014 and is currently estimated at $2,295,722, approximately $1,003 per square foot. This property was built in 1987. 3994 Brandon Mill Rd is a home located in Rabun County with nearby schools including Rabun County Primary School and Rabun County High School.

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