NOT LISTED FOR SALE

Estimated Value: $302,000 - $468,000

2 Beds
2 Baths
1,248 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2024

Last sale price $220,000 $176 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,148 / mo

180 Days on Market

Highlights

  • Open-Concept Dining Room
  • View of Trees or Woods
  • Main Floor Primary Bedroom
  • Chestatee Elementary School Rated A
  • 1.59 Acre Lot
  • Open to Family Room

About This Home

As of June 2024

PERFECT INVESTMENT PROPERTY! AS IS! NO HVAC! Centrally located to Dawsonville, Gainesville and Cumming! Unveil the perfect Getaway with a little TLC! Nestled near the shimmering shores of magnificent Lake Lanier, an unparalleled investment opportunity awaits you! Welcome to this rustic cabin that's not just a slice of paradise but a potential goldmine for savvy investors. Perfect Lake Retreat or Income-Generating Gem sitting on 1.59 +/- Acres! This charming home is your gateway to an idyllic lake lifestyle. Whip up delectable meals in the small but functional Kitchen. The large family room and dining area come together seamlessly in an open-concept layout, perfect for hosting gatherings and making cherished memories. Retreat to the spacious bedrooms that promise restful nights and cozy mornings, all wrapped in comfort and charm. Whether you desire extra storage space or a functional garage, this cabin offers a versatile storage shed that can be tailored to your needs. Say goodbye to pesky homeowner association fees – you have the freedom to shape your experience on your own terms! Only minutes away from the lake, you'll have immediate access to fishing, boating, and all the recreational delights Lake Lanier has to offer. While the cabin doesn't currently have HVAC, you can infuse it with your personal touch to create the perfect year-round haven. Laminate flooring and carpeting in the bedrooms provide comfort underfoot, adding to the cabin's rustic charm. With abundant space for boat storage, you'll never miss a moment of this getaway adventure! This property presents an exceptional opportunity for those seeking to flip, have their own retreat or turn it into a lucrative rental, harnessing the enduring appeal of Lake Lanier. The allure of Lake Lanier beckons, and this cabin is your key to an awesome lifestyle! Seize the moment and make this dream a reality. Remember: NO HOA!

Last Agent to Sell the Property

John Cook

Keller Williams Realty North Georgia Partners License #263822 Listed on: 09/14/2023

Keller Williams Realty North Georgia Partners

Last Buyer's Agent

Evan Linen

NOT A VALID MEMBER License #420189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1987

Lot Details

  • 1.59 Acre Lot
  • Lot Dimensions are 330 x 100
  • Private Entrance
  • Level Lot

Home Design

  • Cabin
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Open-Concept Dining Room
  • Views of Woods
  • Laundry closet

Kitchen

  • Open to Family Room
  • Electric Range
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • East Forsyth High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • 110 Volts
  • Septic Tank

Community Details

  • Chestatee Heights Subdivision

Listing and Financial Details

  • Tax Lot 62-3
  • Assessor Parcel Number 323   029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,773

Year Built

Built in 1987

Lot Details

1.59 Acres

Listing Details

  • Standard Status: Closed
  • Legal Description: 14-1 1339 LT 62-63 CHESTATEE HGTS
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Property Condition: Resale
  • Year Built: 1987
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1248.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Other Structures: Garage(s)
  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Exterior Features: Storage, Private Entry
  • View: Trees/Woods
  • Foundation: Slab

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Utilities: Electricity Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Chestatee Heights

Lot Info

  • Acres: 1.5900
  • Lot: 62-3
  • Section G M D: 1
  • Plat Book: 19
  • Plat Page: 167
  • Lot Features: Level
  • Lot Dimensions: 330 x 100
  • Parcel Number: 323   029
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1773.00
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: East Forsyth
  • Middle School: Little Mill

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
May 17, 2024
Sold by
Bought by
Seller's Agent
John Cook
Keller Williams Realty North Georgia Partners
Buyer's Agent
Evan Linen
NOT A VALID MEMBER
List Price
$280,000
Sold Price
$220,000
Premium/Discount to List
-$60,000
-21.43%
Views
501
Current Estimated Value
$354,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,789
Avg. Annual Appreciation
25.55%
Original Mortgage
$176,000
Interest Rate
0.0717%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2005
Sold by
Bought by

Purchase Details

Closed on
May 4, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 None Listed On Document
$122,500 --
$100,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $176,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $220,000 -21.4% $176 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
09/14/2023 09/14/23 For Sale $280,000 -- $224 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,648 $135,356 $64,556 $70,800
2024 $2,626 $107,080 $46,112 $60,968
2023 $2,502 $101,656 $46,112 $55,544
2022 $1,773 $63,348 $24,500 $38,848
2021 $1,489 $63,348 $24,500 $38,848
2020 $1,459 $61,940 $24,500 $37,440
2019 $1,406 $59,252 $24,500 $34,752
2018 $1,289 $53,204 $24,500 $28,704
2017 $1,213 $49,368 $24,500 $24,868
2016 $1,065 $42,368 $17,500 $24,868
2015 $1,067 $42,368 $17,500 $24,868
2014 $1,076 $45,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7268030

First Multiple Listing Service (FMLS)

APN: 323-029

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