NOT LISTED FOR SALE

427 Admirals Point Hiawassee, GA 30546

Estimated Value: $365,000 - $529,000

2 Beds
2 Baths
1,468 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $227,900 $155 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,529/month

1 Day on Market

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • Furnished
  • Towns County Middle School Rated A-
  • 1 Fireplace
  • Tile Flooring

About This Home

As of September 2020

IT'S YOUR LUCKY DAY! Incredible Opportunity to get on 'LAKE CHATUGE' with a PRIVATE Covered Boat Slip # 13 for an Unbelievable Price! FURNISHED Cutie-Pie Cottage with 2 Bedrooms, 2 Baths! Patio Home with In-Town Location! One Level Living, Kitchen Open to the Dining Area, Great Room with Rocked Wood Burning Fireplace, Vaulted Ceilings & Sky-Light! Bright & Airy. Private Garden Area in the Fenced Patio Area. Just a Short Walk Behind the Home to Take the Boat for a Spin & Enjoy Dinner on Lake Chatuge at Marina Station! Or Bring the Kayaks & Fishing Poles! Close to Restaurants, Young Harris College, Vineyards, Bell Mountain & Hiking to see some Spectacular Waterfalls! Where else can you get Deeded Boat Slip & Deeded Lake Access on Chatuge for UNDER $250k!? The Ultimate Lake & Mtn get-a-way! Start Enjoying the LAKE LIFE without Breaking the Bank!

Last Agent to Sell the Property

Lucretia Collins Team

REMAX Town & Country - Blairsville Brokerage Phone: 7067458097 Listed on: 08/17/2020

Last Buyer's Agent

Susan Phillips

North Georgia Cabins & Land, LLC. License #289066

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1990

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Garden

Home Design

  • Ranch Style House
  • Cottage
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • Furnished
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Aluminum Window Frames

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Nantahala Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number H003 130

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,244

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1990
  • Property Sub Type: Residential
  • Road Frontage Type: Road, Deeded Access
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Water Body Name: Chatuge
  • Subdivision Name: Nantahala Bay
  • Above Grade Finished Sq Ft: 1468
  • Architectural Style: Ranch, Cottage
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 7067458097
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher, Washer, Dryer
  • Has Basement: Slab
  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Pantry, Ceiling Fan(s), Cathedral Ceiling(s), Sheetrock
  • Living Area: 1468
  • Main Level Bedrooms: 2
  • Window Features: Aluminum Frames
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Topography: Level,Sloping
  • View: No
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Asphalt

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake Access, Boat Slip
  • Senior Community: No
  • Association Fee: 770
  • Association: Yes

Schools

  • Junior High Dist: Towns County

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: H003 130
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 28, 2020
Sold by
Colvard Richard M
Bought by
Welch Wallace K
Seller's Agent
Lucretia Collins Team
REMAX Town & Country - Blairsville
Buyer's Agent
Susan Phillips
North Georgia Cabins & Land, LLC.
List Price
$227,900
Sold Price
$227,900
Total Days on Market
1
Current Estimated Value
$418,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,847
Avg. Annual Appreciation
13.82%
Original Mortgage
$227,900
Outstanding Balance
$187,471
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$231,276

Purchase Details

Closed on
Jun 15, 1998
Bought by
Colvard Richard M
Source: Public Records

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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 Buyer Sale Price Title Company
Welch Wallace K $227,900 --
Colvard Richard M $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Wallace K $227,900
Previous Owner Colvard Richard M $65,618
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $227,900 0.0% $155 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $227,900 -- $155 / Sq Ft
Source: Northeast Georgia Board of REALTORS®

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 $2,244 $178,849 $74,100 $104,749
2023 $2,248 $164,228 $74,100 $90,128
2022 $1,833 $156,441 $74,100 $82,341
2021 $1,099 $100,949 $31,920 $69,029
2020 $679 $65,530 $11,200 $54,330
2019 $791 $63,967 $11,200 $52,767
2018 $793 $62,650 $11,200 $51,450
2017 $762 $57,389 $11,200 $46,189
2016 $750 $57,389 $11,200 $46,189
2015 $756 $57,389 $11,200 $46,189
2014 $772 $57,389 $11,200 $46,189
2013 -- $57,388 $11,200 $46,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 299759

Northeast Georgia Board of REALTORS®

APN: H003-130