NOT LISTED FOR SALE

473 Cherry Lake Dr Blue Ridge, GA 30513

Estimated Value: $349,573 - $401,000

2 Beds
1 Bath
672 Sq Ft
$561/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $237,000 $353 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,131/month

Highlights

  • View of Trees or Woods
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • Wood Flooring
  • 1 Fireplace
  • Fire Pit

About This Home

As of October 2020

Right in the heart of Cherry Lake and Cherry Log Mountain, this quaint Sisson Original two bedroom, one bathroom lodge brings the outside in with natural light in each room, a wood burning stone F/P, full kitchen and eat-in dining room, and a cozy living room! Outside, find yourself relaxing on the wraparound deck overlooking lush foliage and the Cherry Log wilderness! Complete with a quaint firepit area and a private location only a short hike to Cherry Lake, this cabin won't last long! Cozy lodge would make for a perfect getaway, rental investment, or full-time home! Find yourself escaping to the ^^Blue Ridge Mountains^^

Last Agent to Sell the Property

Logan Fitts

Harry Norman REALTORS - Blue Ridge Brokerage Phone: 7069138300 Listed on: 09/29/2020

Last Buyer's Agent

Kimberly Southern

BHHS Georgia Properties - Ellijay License #280702

BHHS Georgia Properties - Ellijay

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.85

Home Design

  • Cabin
  • Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Wood Flooring
  • Views of Woods
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Fire Pit
  • 0.85 Acre Lot

Community Details

  • Property has a Home Owners Association
  • Cherry Lake Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 3104B 029

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Residential
  • Road Frontage Type: Road, Deeded Access
  • Lot Size Acres: 0.85
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Cherry Lake
  • Architectural Style: Cabin, Country/Rustic
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher, Washer, Dryer
  • Has Basement: Unfinished, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Wood
  • Living Area: 672
  • Window Features: Insulated Windows, Wood Frames
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Metal
  • View: Year Round, Trees/Woods
  • Topography: Wooded,Level,Sloping,Rolling
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Log, Concrete, Block, Log Siding, Stone
  • Exterior Features: Fire Pit
  • Patio And Porch Features: Front Porch, Wrap Around
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Community, Shared Well

Condo/Co-op/Association

  • Community Features: Lake Access
  • Senior Community: No
  • Association Fee: 120
  • Association: Yes

Schools

  • Junior High Dist: Gilmer, Fannin

Lot Info

  • Lot Size Sq Ft: 37026
  • Parcel #: 3104B 029
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Oct 30, 2020
Sold by
Leroy Andrew C
Bought by
Cochran Gary Wayne and Cochran Michelle Leah
Seller's Agent
Logan Fitts
Harry Norman REALTORS - Blue Ridge
Buyer's Agent
Kimberly Southern
BHHS Georgia Properties - Ellijay
List Price
$237,000
Sold Price
$237,000
Current Estimated Value
$377,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,143
Avg. Annual Appreciation
9.50%
Original Mortgage
$213,300
Outstanding Balance
$187,346
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,797

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 17, 2018
Sold by
Mathison Palph H
Bought by
Leroy Andrew C
Seller's Agent
Ginny Herman
REMAX Town & Country - BR Downtown
Buyer's Agent
Julie Queen
REMAX Town & Country - Blue Ridge
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.63%
Original Mortgage
$166,666
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 24, 2018
Sold by
Tovi Alfredo
Bought by
Mathison Palph H and Mathison Nancy S
Seller's Agent
Sandra Wilbanks
Sharp Real Estate Services
Buyer's Agent
Ginny Herman
Coldwell Banker High Country Realty - Blue Ridge
List Price
$153,500
Sold Price
$153,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.67%

Purchase Details

Closed on
Aug 27, 2009
Sold by
Bassin Charles M
Bought by
Tovi Alfredo and Tovi Elisabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Sisson Corp
Bought by
Bassin Charles M and Bassin Constance L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,300
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Gilmer County Bank
Bought by
Sisson Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,300
Interest Rate
5.48%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Cochran Gary Wayne $237,000 --
Leroy Andrew C $165,000 --
Mathison Palph H $153,500 --
Tovi Alfredo $125,000 --
Bassin Charles M $127,900 --
Sisson Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Gary Wayne $213,300
Previous Owner Leroy Andrew C $166,666
Previous Owner Tovi Alfredo $85,000
Previous Owner Bassin Charles M $102,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $237,000 0.0% $353 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $237,000 +43.6% $353 / Sq Ft
09/17/2018 09/17/18 Sold $165,000 0.0% -- View Prior Sale
08/23/2018 08/23/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $165,000 +7.5% --
05/15/2018 05/15/18 Sold $153,500 0.0% -- View Prior Sale
05/03/2018 05/03/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $153,500 -- --
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
2025 $1,762 $111,000 $20,400 $90,600
2024 $1,762 $113,720 $20,400 $93,320
2023 $2,010 $125,680 $20,400 $105,280
2022 $1,627 $92,440 $14,000 $78,440
2021 $1,450 $73,040 $12,000 $61,040
2020 $1,133 $53,840 $12,000 $41,840
2019 $1,193 $52,680 $12,000 $40,680
2016 $1,149 $45,760 $12,000 $33,760
2015 $1,041 $42,240 $18,000 $24,240
2014 $1,072 $41,840 $18,000 $23,840
2013 -- $41,880 $18,000 $23,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 300956

Northeast Georgia Board of REALTORS®

APN: 3104B-029