NOT LISTED FOR SALE

474 Timpson Cove Rd Clayton, GA 30525

Estimated Value: $945,000 - $1,292,000

4 Beds
3 Baths
3,122 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $399,000 $128 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $6,477/month

301 Days on Market

Highlights

  • Lake Front
  • Hilly Lot
  • Ranch Style House
  • Rabun County High School Rated 9+
  • Private Lot
  • Partially Wooded Lot

About This Home

As of July 2019

Fantastic home on Lake Burton. House is tucked up in the trees with total privacy and plenty of wood land but down below lakefront is a fantastic pavilion that even has a wood stove so it can be enjoyed almost year round. Pier post where you can tie up your boat when you are having a day on the lake and decide to come in for a while. This is one of the few on Lake Burton that is NOT a lease hold you own the land. Full finished basement has separate entrance and full kitchen, There is a huge sleep on screened porch across the back of the house there are endless possibilities with this one. There is a mistake in the Rabun tax records they show the property contains a parcel on other side of drive with carport and shed that does not go with the property.

Last Agent to Sell the Property

Daniel Seay

Carolina Mountain Brokers Brokerage Phone: 8284210321 License #53078 Listed on: 08/23/2018

Last Buyer's Agent

Daniel Seay

Carolina Mountain Brokers Brokerage Phone: 8284210321 License #53078 Listed on: 08/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,193

Year Built

  • Built in 1969

Lot Details

  • 1.15 Acre Lot
  • Lake Front
  • Private Lot
  • Level Lot
  • Hilly Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Rustic Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,122 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Screens
  • Screened Porch
  • Washer

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Access To Lake

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number LB16A 005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,193

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.15
  • Ownership: Less than One Year
  • Subdivision Name: None
  • Directions: 441S to Clayton GA Turn Right onto US-76W and go 7.2 miles to Charlie Mountain Rd on Left to right onto Timpson Cove Rd to 474 on right. Signs at the lake pavilion call agent for more directions
  • Architectural Style: Traditional, Ranch/Single
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1969
  • Attribution Contact: 8284210321
  • Special Features: 1028

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Oven/Range, Washer
  • Has Basement: Full, Heated, Exterior Entry, Interior Entry, Finished Bath, Recreation/Game Room, Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Some Hardwoods, Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Kitchen/FR Combo, Ceiling Fan(s)
  • Living Area: 3122
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Room Bedroom4 Level: Second
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 420
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 196
  • Master Bedroom Master Bedroom Width: 14
  • Room Master Bedroom Area: 224
  • Room Dining Room Area: 100

Exterior Features

  • Lot Features: Level Yard, Private, Hilly/Steep
  • View: No
  • Waterfront Features: Lake Access, Lake
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Screened Porch/Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Attached

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 50094
  • Parcel #: LB16A 005
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: E41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Jul 16, 2019
Sold by
Bank Of America Na
Bought by
Stith David S
Seller's Agent
Daniel Seay
Carolina Mountain Brokers
Buyer's Agent
Daniel Seay
Carolina Mountain Brokers
List Price
$399,000
Sold Price
$399,000
Total Days on Market
301
Current Estimated Value
$1,154,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,768
Avg. Annual Appreciation
19.74%
Original Mortgage
$400,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2018
Sold by
Wyatt Chris B
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 14, 2014
Sold by
Wyatt Robert T and Wyatt Christia B
Bought by
Wyatt Robert T and Wyatt Christia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,100
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Cooley Mary Ann
Bought by
Wyatt Robert T and Wyatt Chris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1998

Purchase Details

Closed on
Jan 1, 1993

Purchase Details

Closed on
Dec 1, 1978

Purchase Details

Closed on
Aug 1, 1969
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
Stith David S $399,000 --
Stith David S $399,000 --
Bank Of America Na $350,000 --
Bank Of America Na $350,000 --
Wyatt Robert T -- --
Wyatt Robert T -- --
Wyatt Robert T $535,000 --
Wyatt Robert T $535,000 --
-- -- --
-- -- --
-- -- --
-- -- --
-- $55,000 --
-- $55,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stith David S $780,000
Closed Stith David S $400,000
Previous Owner Wyatt Robert T $380,100
Previous Owner Wyatt Chris B $161,000
Previous Owner Wyatt Chris B $417,000
Previous Owner Wyatt Chris B $119,907
Previous Owner Wyatt Robert T $100,000
Previous Owner Wyatt Robert T $428,000
Previous Owner Wyatt Robert T $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $399,000 0.0% $128 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
08/27/2018 08/27/18 For Sale $399,000 -- $128 / Sq Ft
Source: Carolina Smokies Association 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 $4,193 $261,261 $150,000 $111,261
2023 $3,819 $208,644 $120,000 $88,644
2022 $3,767 $205,838 $120,000 $85,838
2021 $3,389 $180,737 $105,000 $75,737
2020 $3,096 $176,704 $105,000 $71,704
2019 $4,272 $218,704 $147,000 $71,704
2018 $4,246 $216,608 $144,200 $72,408
2017 $4,734 $251,802 $170,000 $81,802
2016 $4,718 $250,255 $170,000 $80,255
2015 $4,771 $247,733 $170,000 $77,733
2014 $4,796 $247,733 $170,000 $77,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26009670

APN: LB16A-005