NOT LISTED FOR SALE

402 Melson Rd SW Cave Spring, GA 30124

Estimated Value: $583,000

2 Beds
2 Baths
1,692 Sq Ft
$345/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $386,000 $228 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,268/month

21 Days on Market

Highlights

  • 25.24 Acre Lot
  • Wooded Lot
  • Porch
  • Dining Room Seats More Than Twelve
  • Wood Flooring
  • 1-Story Property

About This Home

As of October 2021

Authentic Log construction rustic home located on a beautiful 25.24 acre wooded tract in Cave Spring, GA. Completely private one story home surrounded by woods and wildlife. This log home is move in ready with granite kitchen countertops, a full size masonry brick fireplace, above ground pool/deck and a screen porch to sit and watch the deer and other wildlife. New roof installed in 2020. The 25.24 acres consists of a 20.00 acre tract with the Log home and a 5.24 adjacent vacant tract. The 5.24 acre has its own road access, water and underground electricity. You could build on this additional tract, keep it for more privacy or sell it later. Both tracts are surrounded by acres and acres of wooded land, very private. Located approx. 3 miles from downtown Cave Spring, GA. Seller is in the process of having the 20.00 acre tract surveyed. Check out the drone video located on the virtual tours link to see the real beauty of this wooded paradise.

Last Listed By

Dan Carlton

Toles, Temple & Wright, Inc. License #165603 Listed on: 08/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1987

Lot Details

  • 25.24 Acre Lot
  • Wooded Lot

Home Design

  • Composition Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Partial Basement
  • Oven or Range
  • Laundry in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • Cave Spring Elementary School
  • Coosa Middle School
  • Coosa High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Energy-Efficient Insulation
  • Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,728

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Financing Type: VA
  • GreenEnergyEfficient: Insulation
  • Levels: One
  • Lot Size Acres: 25.24
  • Property Sub-Type: Single Family Residence
  • Total Finished Area2: 1692
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven/Range (Combo)
  • Bedrooms: 2
  • Dining Room Features: Seats 12+
  • Basement: Partial
  • Total Finished Sq Ft: 1692
  • Unfinished Below Grade Sq Ft: 216
  • Above Grade Finished Sq Ft: 1692
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Masonry
  • Flooring: Hardwood, Tile
  • Price Per Square Foot: 228.132

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Log
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Central
  • Laundry Features: In Kitchen
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cave Spring
  • High School: Coosa
  • Middle School: Coosa
  • Elementary School: Cave Spring
  • Middle School: Coosa
  • High School: Coosa

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Oct 25, 2021
Sold by
Executor Binger Carol Marie
Bought by
Dalsing Phillip G
Seller's Agent
Dan Carlton
Toles, Temple & Wright, Inc.
Buyer's Agent
Wanda Kerce
Toles, Temple & Wright, Inc.
List Price
$389,000
Sold Price
$386,000
Premium/Discount to List
-$3,000
-0.77%
Total Days on Market
21
Current Estimated Value
$583,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,000
Avg. Annual Appreciation
19.52%
Original Mortgage
$386,000
Outstanding Balance
$359,872
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$363,128

Purchase Details

Closed on
Dec 30, 2009
Sold by
Binger Carol
Bought by
Gardner Robert E

Purchase Details

Closed on
Aug 29, 2007
Sold by
Not Provided
Bought by
Gardner Robert E

Purchase Details

Closed on
Sep 30, 1983
Sold by
Montgomery Richard A
Bought by
Binger Stuart Carol

Purchase Details

Closed on
Jan 18, 1969
Sold by
Montgomery Lucille
Bought by
Montgomery Richard A

Purchase Details

Closed on
Jan 17, 1969
Bought by
P and R

Purchase Details

Closed on
Jan 1, 1937
Bought by
Montgomery Lucille

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
Dalsing Phillip G $386,000 --
Gardner Robert E -- --
Gardner Robert E -- --
Gardner Robert E -- --
Binger Stuart Carol -- --
Montgomery Richard A -- --
P -- --
Montgomery Lucille -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dalsing Phillip G $386,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $386,000 -0.8% $228 / Sq Ft
08/14/2021 08/14/21 For Sale $389,000 -- $230 / 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 $242 $8,448 $8,448 $0
2023 $242 $7,680 $7,680 $0
2022 $188 $6,336 $6,336 $0
2021 $515 $56,696 $15,840 $40,856
2020 $508 $53,144 $14,000 $39,144
2019 $486 $51,394 $14,000 $37,394
2018 $491 $47,811 $12,160 $35,651
2017 $480 $46,866 $12,160 $34,706
2016 $474 $46,201 $12,160 $34,041
2015 $458 $46,201 $12,160 $34,041
2014 $458 $46,201 $12,160 $34,041
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 9034132

Georgia MLS

APN: D18-060