NOT LISTED FOR SALE

488 Beaver Dam Rd Dahlonega, GA 30533

Estimated Value: $268,000 - $414,000

1 Bed
1 Bath
576 Sq Ft
$556/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $275,000 $477 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,977/month

119 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Community Lake
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of February 2023

Listed as the Number One cabin rental in a recent addition of the Blue Ridge Mountain Travel guide, the Mountain Tree House stays booked providing an amazing opportunity in Dahlonega's limited short term rental market. This adorable 1 bed, 1 bath cabin comfortably sleeps 4, has its own private pond area and view, has a great yard area to hang in. It comes fully furnished and ready to start renting from day one. You have a well-equipped kitchen and a furnished deck complete with a gas grill and private hot tub. You'll love waking up to peaceful pond and forest views. Minutes from town but feeling like a world away this cabin retreat has it all and is close to everything North Georgia. Hiking, Biking, Wineries, Amicalola, Brass Town Bald, and much more. You and your tenants will love the centralized location and ease of access to all that Downtown Dahlonega offers. Amazing sought after area that does not have enough rentals to support the tourism makes this a fantastic opportunity. NO DRIVE BYS AND DO NOT DISTURB TENANTS. Dates blocked for showings, please call. https://blueridgemountainstravelguide.com/cabin-rentals-in-dahlonega-ga/

Last Agent to Sell the Property

Leah Smith

GOLD RIVER REALTY License #307486 Listed on: 09/24/2022

Last Buyer's Agent

Leah Smith

GOLD RIVER REALTY License #307486 Listed on: 09/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1995

Lot Details

  • 1 Acre Lot
  • Lake Front

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Wood Flooring
  • Lake Views
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

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

Utilities

  • Window Unit Cooling System
  • Private Water Source
  • Septic Tank

Community Details

  • Cavender Creek Estates Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1995

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • District: 15
  • Year Built: 1995
  • ArchitecturalStyle: Other
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 1.00
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Total Finished Area2: 576
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Refrigerator
  • Bedrooms: 1
  • Basement: None
  • Total Finished Sq Ft: 576
  • Above Grade Finished Sq Ft: 576
  • Interior Amenities: Vaulted Ceiling(s), Other, Master On Main Level
  • Full Bathrooms: 1
  • Fireplace Features: Family Room
  • Flooring: Hardwood
  • Price Per Square Foot: 477.256

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Other
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Metal
  • View: Lake

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Other
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Private

Condo/Co-op/Association

  • Annual Association Fee: 1800
  • Association: Yes
  • Community Features: Lake

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Land Lot: 466
  • Lot: 8
  • Plat Book: 1-189
  • Plat Page: 196

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Feb 10, 2023
Sold by
Whelchel Michael G
Bought by
Adkins James and Adkins Linda
Seller's Agent
Leah Smith
GOLD RIVER REALTY
Buyer's Agent
Leah Smith
GOLD RIVER REALTY
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Views
94
Current Estimated Value
$320,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,418
Avg. Annual Appreciation
5.91%

Purchase Details

Listed on
Oct 18, 2011
Closed on
Sep 11, 2012
Sold by
Hanson Paul L
Bought by
Whelchel Michael G
Seller's Agent
PEGGY A ALEXANDER
NOT A VALID MEMBER
Buyer's Agent
Kathryn Farmer
Maximum One Premier Realtors
List Price
$93,500
Sold Price
$94,500
Premium/Discount to List
$1,000
1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$85,040
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1995
Bought by
Hanson Paul L and Hanson Mary M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adkins James $274,900 --
Whelchel Michael G $94,500 --
Hanson Paul L $100,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whelchel Michael G $85,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $274,900 0.0% $477 / Sq Ft View Prior Sale
02/10/2023 02/10/23 Sold $275,000 0.0% $477 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
01/21/2023 01/21/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $274,900 +3.7% $477 / Sq Ft
01/19/2023 01/19/23 For Sale $265,000 -3.6% $460 / Sq Ft
01/17/2023 01/17/23 For Sale $274,900 +3.7% $477 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $265,000 -3.6% $460 / Sq Ft
09/24/2022 09/24/22 For Sale $275,000 +191.0% $477 / Sq Ft
09/11/2012 09/11/12 Sold $94,500 +1.1% $164 / Sq Ft View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $93,500 -- $162 / 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 $1,534 $65,217 $16,000 $49,217
2023 $1,458 $61,966 $16,000 $45,966
2022 $1,082 $43,688 $16,000 $27,688
2021 $895 $34,951 $12,000 $22,951
2020 $673 $25,522 $6,000 $19,522
2019 $679 $25,522 $6,000 $19,522
2018 $660 $23,260 $6,000 $17,260
2017 $651 $22,507 $6,000 $16,507
2016 $630 $21,053 $6,000 $15,053
2015 $559 $21,053 $6,000 $15,053
2014 $559 $21,218 $6,000 $15,218
2013 -- $21,383 $6,000 $15,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10095069

Georgia MLS

APN: 094-000-284-000