$936,500
SOLD NOV 9, 2022

40 Balsa Ct Ellijay, GA 30540

5 Beds
4.5 Baths
3,980 Sq Ft
0.56 Acres

Recently Sold

$235 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Spa
  • River View
  • Cathedral Ceiling
  • Gated Community
  • Deck
  • Wood Flooring

About This Home

As of November 2022

Gorgeous custom Satterwhite log home on the Coosawattee River. Entry foyer leads to a two story great room with floor to ceiling wall of glass, stack stone fireplace, overlooking the river. Gourmet chef's kitchen with a huge center island, 2 beverage coolers, walk-in pantry and S/S appliances. Main level mstr with it's private screened porch. Master bath with leather-ed granite counters, oversized shower and closet plus and outdoor shower! 2 bedrooms up with a Jack n Jill bath with leather-ed granite and walk in shower. Terrance level with a lrg bonus room, wet bar with granite counters and cooler plus a walk in wine cellar. 2 additional bedrooms and bath. Recently expanded outdoor deck overlooking the river with a hot tub and gas fire pit. Whole house generator, on demand hot water and barn doors throughout. Don't miss this one!

Last Agent to Sell the Property

Doug Morgan

REMAX Town & Country - Ellijay Brokerage Phone: 7065157653 License #171427

REMAX Town & Country - Ellijay

Last Buyer's Agent

Angela Bishop

Crye-Leike South, Inc License #377793

Crye-Leike South, Inc

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

  • 3,980 Sq Ft Home
  • Wet Bar
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Window Screens
  • Wood Flooring
  • River Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Spa
  • Deck
  • Fire Pit

Utilities

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

Listing and Financial Details

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

Community Details

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Additional Features

  • Coosawattee Subdivision
  • 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: 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, Washer, Dryer
  • Has Basement: Finished, Full
  • Spa Features: Heated
  • Private Spa: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1472
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Pantry, Ceiling Fan(s), Wet Bar, Cathedral Ceiling(s), Sheetrock, Wood
  • Living Area: 3980
  • 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: Sloping
  • View: Yes
  • Waterfront Features: River 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, 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, Pickleball
  • Senior Community: No
  • Association Fee: 900
  • 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
4
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: 320214

Northeast Georgia Board of REALTORS®

APN: 3053V-001