NOT LISTED FOR SALE

403 Kings Row Rd Lakemont, GA 30552

Estimated Value: $1,987,000 - $2,878,000

5 Beds
4 Baths
2,248 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold May 17, 2012

Last sale price $980,000 $436 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $13,229/month

Highlights

  • Marina
  • Covered dock with two slips
  • Fishing
  • Lake Front
  • Golf Course Community
  • Gated Community

About This Home

As of May 2012

Fabulous Lake Rabun Home- Immaculate condition-ready to enjoy 'year round'. Great Rm w/Rock Fireplace Opens to Kitchen & DR, Master & Guest Bdrm on Main-Lower Level- 2nd Family Rm w/Rock Fireplace. 3 Bdrm & 2 Bath, Screened Porches & Wood Floor Both levels. Bar B Q Grilling Area/Rock Patio near large 2 Slip Covered Boat House-Enjoy Casual LakesideLiving-Gorgeous 'Big Water' Views.

Last Agent to Sell the Property

MARY COBB

NOT A VALID MEMBER License #141340 Listed on: 07/08/2011

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,391

Year Built

  • Built in 1994

Lot Details

  • Lake Front
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Cottage
  • Frame Construction

Interior Spaces

  • 2,248 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Insulated Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Bonus Room
  • Screened Porch
  • Wood Flooring
  • Mountain Views
  • Security Gate
  • Laundry in Kitchen

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Parking

  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Driveway

Outdoor Features

  • Party Deck
  • Boat Hoist or Davit
  • Covered dock with two slips
  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

  • Rabun County Elementary School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Full Bathroom
  • Energy-Efficient Windows

Listing and Financial Details

  • Tax Lot B15
  • Assessor Parcel Number 403KINGSROW

Community Details

Overview

  • Lake Rabun Subdivision
  • Community Lake

Amenities

  • Restaurant

Recreation

  • Powered Boats Allowed
  • Marina
  • Golf Course Community
  • Fishing

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,391

Year Built

Built in 1994

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Traditional
  • Property Condition: Resale
  • Year Built: 1994
  • Accessibility Features: Accessible Full Bath
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Family Room, Gas Starter, Masonry
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Microwave
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Interior Entry
  • Kitchen Features: Cabinets Stain, Solid Surface Counters, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story
  • Square Footage: 2248.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 3
  • Main Bedrooms: 2
  • Total Full Baths: 4
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Frame
  • Lake Name: Rabun
  • Patio And Porch Features: Deck, Patio, Screened
  • Exterior Features: Gas Grill
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Driveway, Kitchen Level, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Security Gate, Security Service
  • Cooling: Central Air, Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Laundry Features: In Kitchen
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Fishing, Gated, Golf Course, Homeowners Assoc, Lake, Marina, Powered Boats Allowed, Restaurant
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: LAKE RABUN

Schools

  • Elementary School: Rabun County
  • Middle School: Rabun - Other
  • High School: Rabun - Other

Lot Info

  • Lot: B15
  • Land/Lot: 47
  • Plat Book: 23
  • Plat Page: 247
  • Lot Features: Sloped, Wooded
  • Lot Dimensions: +/- .64 ACRES
  • Parcel Number: 403KINGSROW
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 5391.00
  • Assessor Parcel Number: LR01-101
  • Close Date: 2012-05-17
  • Tax Year: 2010

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Rabun County
  • High School: Rabun - Other
  • Middle School: Rabun - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2011
Closed on
May 17, 2012
Sold by
The Wire Source Llc
Bought by
Fozzard Peter A and Fozzard Elizabeth T
Seller's Agent
MARY COBB
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$1,490,000
Sold Price
$980,000
Premium/Discount to List
-$510,000
-34.23%
Current Estimated Value
$2,348,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,368,097
Avg. Annual Appreciation
7.13%
Original Mortgage
$735,000
Outstanding Balance
$129,458
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$2,326,401

Purchase Details

Closed on
Jun 28, 2005
Sold by
Leslie Sandra M
Bought by
The Wire Source Llc

Purchase Details

Closed on
Jan 1, 1993

Purchase Details

Closed on
Oct 1, 1992

Purchase Details

Closed on
Aug 1, 1987
Bought by
The Wire Source Llc

Purchase Details

Closed on
Dec 1, 1986
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
Fozzard Peter A $980,000 --
Fozzard Peter A $980,000 --
The Wire Source Llc $1,570,000 --
The Wire Source Llc $1,570,000 --
-- $237,500 --
-- $237,500 --
-- -- --
-- -- --
The Wire Source Llc $142,500 --
The Wire Source Llc $142,500 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fozzard Peter A $735,000
Closed Fozzard Peter A $735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2012 05/17/12 Sold $980,000 -34.2% $436 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
07/08/2011 07/08/11 For Sale $1,490,000 -- $663 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $8,410 $523,989 $250,000 $273,989
2023 $8,256 $451,061 $220,000 $231,061
2022 $8,060 $440,372 $220,000 $220,372
2021 $7,498 $399,878 $200,000 $199,878
2020 $7,457 $384,476 $200,000 $184,476
2019 $7,510 $384,476 $200,000 $184,476
2018 $7,537 $384,476 $200,000 $184,476
2017 $7,192 $382,562 $200,000 $182,562
2016 $7,212 $382,562 $200,000 $182,562
2015 $7,081 $367,714 $200,000 $167,714
2014 $7,119 $367,714 $200,000 $167,714
Source: Public Records

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4248495

First Multiple Listing Service (FMLS)

APN: LR01-101