$525,000
SOLD DEC 2, 2019

40 Balsa Ct Ellijay, GA 30540

3 Beds
3.5 Baths
3,476 Sq Ft
0.56 Acres

Recently Sold

$151 Per Sq Ft

16 Days on Market

Highlights

  • Gated Community
  • Deck
  • Wood Flooring
  • River View
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of November 2022

Upscale Rustic Mountain Living in this custom Satterwhite log home w/Coosawattee RIVER frontage! The great room showcases floor-to-ceiling stone fireplace w/soaring cathedral ceiling, stunning log staircase & a wall of windows (with RIVER VIEW) provide abundant natural light. Well appointed chef's kitchen features supersize island w/exotic granite, walk-in pantry, 2 beverage coolers. Master-en-suite privately tucked on main level w/spa like bath, super cool OUTDOOR shower & private screened porch. 2 BR's upstairs separated by catwalk overlooking great room & Jack-N-Jill upscale bath. Terrace level has family room, wet bar w/bev cooler, full bath & 2 future bedrooms. Home has whole house generator, termite bond, on-demand hot water heater, wide doors & walkways (wheelchair accessible). Home sits on curve of river, there's an old gazebo along water's edge. HOA fee $635 per year.

Last Agent to Sell the Property

Cindy West

REMAX Town & Country - Ellijay Brokerage Phone: 7065157653 License #118574

REMAX Town & Country - Ellijay

Last Buyer's Agent

Doug Morgan

REMAX Town & Country - Ellijay License #171427

REMAX Town & Country - Ellijay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,948

Year Built

  • Built in 2016

Lot Details

  • 0.56 Acre Lot
  • River Front

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 3,476 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Window Screens
  • Wood Flooring
  • River Views
  • Finished Basement
  • Partial Basement
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • Driveway
  • Open Parking

Utilities

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

Additional Features

  • Handicap Accessible
  • Deck

Listing and Financial Details

  • Tax Lot 1041R
  • Assessor Parcel Number 3053V 001

Community Details

Overview

  • Property has a Home Owners Association
  • Coosawattee Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,948

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2016
  • Property Sub Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 0.56
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Coosawattee
  • Subdivision Name: Coosawattee
  • Above Grade Finished Sq Ft: 2508
  • Architectural Style: Cabin, Country/Rustic
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 7065157653
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher, Disposal, See Remarks
  • Has Basement: Finished, Partial
  • Accessibility Features: Handicap Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 968
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Pantry, Ceiling Fan(s), Wet Bar, Cathedral Ceiling(s), Wood
  • Living Area: 3476
  • Main Level Bedrooms: 1
  • Window Features: Insulated Windows, Wood Frames, Screens
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Metal
  • View: Year Round, River
  • Pool Features: Community
  • Topography: Wooded,Sloping,Rolling
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Log
  • 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, Electric
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Fitness Center, Gated, Pool, River Access
  • Senior Community: No
  • Association Fee: 635
  • Association: Yes

Schools

  • Junior High Dist: Gilmer County

Lot Info

  • Lot Size Sq Ft: 24393.6
  • Parcel #: 3053V 001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 1041R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 10, 2022
Sold by
Bear Ridge Properties Llc
Bought by
In My Tree Llc
Seller's Agent
Doug Morgan
REMAX Town & Country - Ellijay
Buyer's Agent
Angela Bishop
Crye-Leike South, Inc
List Price
$899,500
Sold Price
$936,500
Premium/Discount to List
$37,000
4.11%
Total Days on Market
16
Current Estimated Value
$1,138,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,045
Avg. Annual Appreciation
7.99%
Original Mortgage
$692,250
Outstanding Balance
$674,641
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$463,904

Purchase Details

Closed on
Feb 15, 2020
Sold by
Vosburg Randal E
Bought by
Bear Properties Llc

Purchase Details

Listed on
Oct 23, 2019
Closed on
Dec 2, 2019
Sold by
Vosburg Randal E
Bought by
Vosburg Randal E and Vosburg Nicholas S
Seller's Agent
Cindy West
REMAX Town & Country - Ellijay
Buyer's Agent
Doug Morgan
REMAX Town & Country - Ellijay
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%
Original Mortgage
$405,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2015
Sold by
Farr Henry E
Bought by
Cissna Susan S

Purchase Details

Closed on
Aug 31, 2007
Sold by
Farr Henry E
Bought by
Edelson Kenneth B and Edelson Sandra L

Purchase Details

Closed on
Apr 1, 1983
Bought by
Farr Henry E and Farr Shirl

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $936,500 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $525,000 --
Warranty Deed $85,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $692,250 New Conventional
Previous Owner $405,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $400,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2022 11/11/22 Off Market $936,500 -- --
11/09/2022 11/09/22 Sold $936,500 +4.1% $235 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $899,500 +71.3% $226 / Sq Ft
12/02/2019 12/02/19 Sold $525,000 0.0% $151 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $525,000 -- $151 / Sq Ft
Source: Northeast Georgia Board of REALTORS®

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 $6,948 $448,432 $26,200 $422,232
2023 $7,122 $445,320 $26,200 $419,120
2022 $5,946 $337,880 $23,080 $314,800
2021 $4,888 $246,320 $16,920 $229,400
2020 $4,619 $215,560 $17,000 $198,560
2019 $1,515 $213,840 $17,000 $196,840
2018 $1,554 $215,000 $15,280 $199,720
2017 $4,549 $184,880 $16,040 $168,840
2016 $232 $9,240 $8,760 $480
2015 $345 $14,000 $14,000 $0
2014 $492 $19,200 $19,200 $0
2013 -- $19,400 $19,200 $200
Source: Public Records

Source: Northeast Georgia Board of REALTORS®

MLS Number: 292966

Northeast Georgia Board of REALTORS®

APN: 3053V-001