NOT LISTED FOR SALE

468 Lancelot Loop Clayton, GA 30525

Estimated Value: $554,324 - $952,000

7 Beds
3 Baths
4,242 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $455,000 $107 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,266/month

24 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Private Lot
  • Rabun County High School Rated 9+
  • Deck
  • Wood Flooring

About This Home

As of November 2021

One of a kind, year-long panoramic mountain views in this huge home nestled in N. Georgia Mountain's prestigious Kingwood Estates winery and resort neighborhood. These are just a few of the many reasons why this mountain oasis should be your primary home, second home, or short-term vacation rental. Nightly rental comparables could be upwards of $500/night, sleeping over 16 people! Main level boasts tall ceilings with beautiful mountain views from the living room, kitchen and dining. Fantastic master suite with over-sized bedroom, ensuite master bath with dual vanities, separate tub and shower, and his and hers walk-in closets. Every auxiliary bedroom is spacious and has its own walk-in closet. Main and lower levels both have a large living area with windows revealing the incredible mountain scenery and have adjacent large covered porches to enjoy the alpine splendor. Spend cozy autumn and winter evenings fireside in the large great room. This home even comes partially furnished with all appliances, including washer and dryer! Come take a look at this remarkable home before it's gone!

Last Agent to Sell the Property

Wade Dorminy

Atlas Real Estate Inc. License #253962 Listed on: 10/05/2021

Atlas Real Estate Inc.

Co-Listed By

Samantha Phillips

Atlas Real Estate Inc. License #300806

Last Buyer's Agent

Evan Fletcher

1 Look Real Estate License #410940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Private Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Composition Roof
  • Steel Siding

Interior Spaces

  • 2-Story Property
  • Roommate Plan
  • Beamed Ceilings
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Den
  • Loft
  • Mountain Views
  • Home Security System

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Rabun County Primary/Elementar Elementary School
  • Rabun County Middle School
  • Rabun County High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Dual Heating Fuel
  • Underground Utilities
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / E

Community Details

Overview

  • Association fees include ground maintenance
  • Kingwood Estates Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 2005

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Co List Office: ATSI01
  • Financing Type: Conventional 90%
  • Levels: Two
  • Lot Size Acres: .38
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4242
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Microwave, Refrigerator
  • Bedrooms: 7
  • Dining Room Features: L Shaped
  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1638
  • Total Finished Sq Ft: 2604
  • Unfinished Below Grade Sq Ft: 300
  • Above Grade Finished Sq Ft: 2604
  • Interior Amenities: Beamed Ceilings, Walk-In Closet(s), Master On Main Level, Roommate Plan, Split Bedroom Plan
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Gas Starter
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Country Kitchen, Kitchen Island, Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 108.439

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 3
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Steel Siding
  • ExteriorFeatures: Balcony
  • Lot Features: Private
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Attached, Carport
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air, Zoned, Dual
  • Laundry Features: In Hall
  • Security Features: Security System
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available
  • Water Source: Private

Condo/Co-op/Association

  • Annual Association Fee: 480
  • Association: Yes
  • Community Features: Golf, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • Middle School: Rabun County
  • Elementary School: Rabun County Primary/Elementar
  • Middle School: Rabun County
  • High School: Rabun County

Lot Info

  • Land Lot: 24&25
  • Lot: 6
  • Deed Book: C42
  • Deed Page: 525
  • Plat Book: 8
  • Plat Page: 126

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1938

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 19, 2021
Sold by
Evans Charles Edward
Bought by
Faulkner Karen and Faulkner Daniel M
Seller's Agent
Wade Dorminy
Atlas Real Estate Inc.
Buyer's Agent
Evan Fletcher
1 Look Real Estate
List Price
$460,000
Sold Price
$455,000
Premium/Discount to List
-$5,000
-1.09%
Total Days on Market
24
Current Estimated Value
$706,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,831
Avg. Annual Appreciation
13.09%
Original Mortgage
$409,500
Outstanding Balance
$378,976
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$327,855

Purchase Details

Closed on
Oct 26, 2010
Sold by
Community Bank
Bought by
Evans Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2010
Sold by
Double R Builders Inc
Bought by
Community Bank

Purchase Details

Closed on
Feb 7, 2005
Sold by
Rich Ronald E
Bought by
Double R Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1987

Purchase Details

Closed on
Dec 1, 1986

Purchase Details

Closed on
Aug 1, 1981

Purchase Details

Closed on
Nov 1, 1979
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
Faulkner Karen $455,000 --
Faulkner Karen $455,000 --
Evans Charles E $159,000 --
Evans Charles E $159,000 --
Evans Charles E $159,000 --
Community Bank $321,461 --
Community Bank $321,461 --
Double R Builders Inc -- --
Double R Builders Inc -- --
-- $15,000 --
-- $15,000 --
-- -- --
-- -- --
-- $22,500 --
-- $22,500 --
-- $13,300 --
-- $13,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulkner Karen $409,500
Closed Faulkner Karen $409,500
Previous Owner Evans Charles E $109,000
Previous Owner Double R Builders Inc $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $455,000 -1.1% $107 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $460,000 -- $108 / 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 $3,341 $208,145 $15,400 $192,745
2023 $3,238 $176,886 $15,400 $161,486
2022 $3,132 $171,100 $15,400 $155,700
2021 $1,926 $102,700 $15,400 $87,300
2020 $1,938 $99,930 $15,400 $84,530
2019 $1,952 $99,930 $15,400 $84,530
2018 $1,959 $99,930 $15,400 $84,530
2017 $1,852 $98,530 $14,000 $84,530
2016 $1,857 $98,530 $14,000 $84,530
2015 $1,891 $98,182 $14,000 $84,182
2014 $1,901 $98,182 $14,000 $84,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9062917

Georgia MLS

APN: 052B-267