$340,000
SOLD JAN 29, 2025

4282 Porter Springs Rd Dahlonega, GA 30533

5 Beds
4 Baths
3,434 Sq Ft
2.5 Acres

Recently Sold

$99 Per Sq Ft

15% Below List Price

97 Days on Market

Highlights

  • Second Kitchen
  • Ranch Style House
  • No HOA
  • 2.5 Acre Lot
  • Wood Flooring
  • Home Office

About This Home

As of January 2025

**Investor Alert: Exceptional Buy-and-Hold Opportunity in Dahlonega!** Located just minutes from the college in Dahlonega, this spacious 5-bedroom, 4-bathroom brick ranch on a full basement offers a fantastic opportunity for investors seeking a duplex-style rental property. With its dual living spaces, each featuring a private entrance, separate driveway, kitchen, and laundry hookups, this home is a turnkey solution for rental income. - **Top Level:** 2 bedrooms, 2 bathrooms - **Bottom Level:** 3 bedrooms, 2 bathrooms Each level is fully self-contained, providing total independence between the units, making it an ideal setup for long-term tenants. The home's proximity to the college adds significant appeal, creating a consistent rental demand from students and faculty looking for nearby housing. Additional features of the property include a **large 2-bay shop** and a **brand new roof** on the home, offering peace of mind for years to come. The 2.5-acre lot provides plenty of space for outdoor activities, potential expansion, or additional rental units. Priced to sell quickly "as-is," this property is listed at a value within the **1% rule**, ensuring a strong return on investment. With its prime location, attractive layout, and excellent income potential, this opportunity won't last long. Don't miss out on this incredible investment! Contact the listing agent today for more details or to schedule a showing.

Last Agent to Sell the Property

David Kelby Hamby

Virtual Properties Realty.com Brokerage Phone: 7063001026 License #432391 Listed on: 09/26/2024

Virtual Properties Realty.com

Last Buyer's Agent

Twila Baker

BHHS Georgia Properties License #359722

BHHS Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1965

Lot Details

  • 2.5 Acre Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Grass Covered Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Breakfast Room
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry in Hall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Carport
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding
  • Porch

Schools

  • Lumpkin County Elementary And Middle School
  • New Lumpkin County High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 251

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,699

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Section: 1
  • Year Built: 1965
  • ArchitecturalStyle: Brick 4 Side, Ranch
  • Electric: 220 Volts
  • Financing Type: Conventional 90%
  • Levels: One
  • Lot Size Acres: 2.50
  • Other Sturctures: Outbuilding, Workshop
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3434
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Bedrooms: 5
  • Basement: Bath Finished, Exterior Entry, Finished, Full, Interior Entry
  • Below Grade Finished Sq Ft: 1717
  • Total Finished Sq Ft: 1717
  • Above Grade Finished Sq Ft: 1717
  • Interior Amenities: Double Vanity, Master On Main Level
  • Full Bathrooms: 4
  • Fireplace Features: Factory Built, Family Room, Living Room
  • Flooring: Hardwood, Tile, Vinyl
  • Kitchen Features: Breakfast Area, Breakfast Room, Country Kitchen, Second Kitchen
  • Window Features: Double Pane Windows

Beds/Baths

  • Lower Level Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 3
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick, Concrete
  • Fencing: Back Yard, Front Yard
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport, Kitchen Level
  • ParkingTotal: 6

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Basement, In Hall
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lumpkin County
  • High School: New Lumpkin County
  • High School Bus: Yes
  • Middle School: Lumpkin County
  • Middle School Bus: Yes

Lot Info

  • Land Lot: 251

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2699

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Feb 7, 2025
Sold by
Baker Allison K
Bought by
Baker Allison K and Williams Cody Lee
Seller's Agent
David Kelby Hamby
Virtual Properties Realty.com
Buyer's Agent
Twila Baker
BHHS Georgia Properties
List Price
$399,999
Sold Price
$340,000
Premium/Discount to List
-$59,999
-15%
Views
316
Current Estimated Value
$371,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,787
Avg. Annual Appreciation
10.09%
Original Mortgage
$306,000
Outstanding Balance
$304,182
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$67,605

Purchase Details

Listed on
Sep 26, 2024
Closed on
Jan 29, 2025
Sold by
Brian Amber Nicole
Bought by
Baker Allison K
Seller's Agent
David Kelby Hamby
Virtual Properties Realty.com
Buyer's Agent
Twila Baker
BHHS Georgia Properties
List Price
$399,999
Sold Price
$340,000
Premium/Discount to List
-$59,999
-15%
Views
316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Outstanding Balance
$304,182
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$67,605

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jul 8, 2021
Sold by
Tsc Properties Llc
Bought by
Brian Amber Nicole
Seller's Agent
Joy Walker
Mountain Properties
Buyer's Agent
Sunny Parker
Century 21 Results
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$295,850
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2020
Sold by
Fanning Faith Le Ann
Bought by
Tsc Properties Llc

Purchase Details

Closed on
Mar 16, 2020
Sold by
Eli James Grp Llc
Bought by
Fanning Faith

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 13, 2017
Sold by
Martin Sharon Dyer
Bought by
The Eli James Grp Llc
Seller's Agent
CODY CHEMBARS
Anchor Real Estate Advisors, LLC
Buyer's Agent
Joy Walker
Mountain Properties
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$227,700
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2014
Sold by
Martin Sharon Dyer
Bought by
Merritt Philip and Merritt Deborah L

Purchase Details

Closed on
Jul 17, 2014
Sold by
Martin Sharon Dyer
Bought by
Aultman Sandra Renee

Purchase Details

Closed on
Nov 19, 2010
Sold by
Martin Sharon Dyer and Martin Harold
Bought by
Martin Sharon Dyer

Purchase Details

Closed on
Jan 8, 2007
Sold by
Not Provided
Bought by
Martin Sharon Dyer

Purchase Details

Closed on
Sep 7, 2006
Sold by
Not Provided
Bought by
Martin Sharon Dyer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $340,000 --
Warranty Deed $305,000 --
Warranty Deed $155,000 --
Warranty Deed $210,000 --
Warranty Deed $165,000 --
Warranty Deed $32,000 --
Warranty Deed $130,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,000 New Conventional
Previous Owner $295,850 New Conventional
Previous Owner $227,700 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2025 01/29/25 Sold $340,000 -2.9% $99 / Sq Ft
01/01/2025 01/01/25 Pending -- -- --
12/29/2024 12/29/24 Price Changed $350,000 -2.8% $102 / Sq Ft
12/16/2024 12/16/24 Price Changed $360,000 -10.0% $105 / Sq Ft
12/16/2024 12/16/24 For Sale $399,999 0.0% $116 / Sq Ft
12/11/2024 12/11/24 For Sale $399,999 +17.6% $116 / Sq Ft
12/11/2024 12/11/24 Off Market $340,000 -- --
12/05/2024 12/05/24 Pending -- -- --
12/03/2024 12/03/24 Price Changed $399,999 -4.2% $116 / Sq Ft
09/26/2024 09/26/24 For Sale $417,500 +36.9% $122 / Sq Ft
07/08/2021 07/08/21 Sold $305,000 +1.7% $89 / Sq Ft View Prior Sale
06/10/2021 06/10/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $299,900 -1.7% $87 / Sq Ft
05/08/2021 05/08/21 Off Market $305,000 -- --
04/01/2021 04/01/21 For Sale $299,900 +81.8% $87 / Sq Ft
11/10/2017 11/10/17 Sold $165,000 -8.3% $96 / Sq Ft View Prior Sale
10/11/2017 10/11/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $179,900 -- $105 / 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 $3,251 $142,460 $19,934 $122,526
2023 $2,699 $134,294 $18,630 $115,664
2022 $2,871 $117,979 $15,525 $102,454
2021 $2,125 $83,002 $15,525 $67,477
2020 $2,123 $80,476 $14,877 $65,599
2019 $2,142 $80,476 $14,877 $65,599
2018 $1,872 $72,520 $14,877 $57,643
2017 $1,957 $69,636 $14,877 $54,759
2016 $1,808 $62,456 $14,877 $47,579
2015 $3,731 $62,456 $14,877 $47,579
2014 $3,731 $143,510 $95,398 $48,112
2013 -- $144,044 $95,398 $48,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10385102

Georgia MLS

APN: 090-000-132-000