NOT LISTED FOR SALE

489 Bonanza Ln Tiger, GA 30576

Estimated Value: $347,000 - $469,000

4 Beds
3 Baths
1,376 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $165,000 $120 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,345/month

341 Days on Market

Highlights

  • Mountainous Lot
  • Den
  • Combination Dining and Living Room
  • Great Room
  • In-Law or Guest Suite

About This Home

As of January 2016

Fabulous mountain & Lake Burton views come into this spacious mountain home w/walls of windows & vaulted ceiling. Main level has lg master bdrm & bath w/dbl vanity, guest bdrm & bath, kitchen/dining, great room w/wood floors & fireplace. Fully finished terrace level has tile bonus room, lg family room w/wood stove, kitchenette, 2 bedrooms, and bath w/jetted tub. Furniture is negotiable. Small workshop outbuilding. Located in Covecrest community near Lake Burton.

Last Agent to Sell the Property

Pam Hyer

Bear Creek Realty License #206192 Listed on: 01/06/2015

Last Buyer's Agent

Pam Hyer

Bear Creek Realty License #206192 Listed on: 01/06/2015

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,370

Year Built

  • 1992

Lot Details

  • Mountainous Lot

Interior Spaces

  • In-Law or Guest Suite
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Utilities

  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 11

Property Details

Home Type

Other

Est. Annual Taxes

$1,370

Year Built

1992

Lot Details

0

Listing Details

  • District: 5
  • Property Setting: Mountain
  • Special Features: None
  • Year Built: 1992

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Great/Family Room, In Living Room, Factory Built, Wood Stove
  • Lower Level Bedroom: 2
  • Main Floor Bedrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Dryer, Washer
  • Kitchen Equipment: Dishwasher, Range/Oven, Refrigerator
  • Interior Amenities: Bookcases, Vaulted Ceilings, Double Vanity, Exposed Beams, Hardwood Floors, Tile Floors, Walk-in Closet, Wall-to-wall Carpet
  • Laundry Location: Hall
  • Laundry Type: Closet
  • Below Grade Finished Sq Ft: 1376
  • Kitchen / Breakfast: Breakfast Bar, Second Kitchen
  • Above Grade Finished Sq Ft: 1376

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Out Building, Water Feature, Workshop
  • Construction: Wood Siding

Garage/Parking

  • Parking: 2 Car

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Propane
  • Heating: Forced Air
  • Energy Features: Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 960
  • HOA Fee Frequency: Annual
  • Fees Include: Private Roads, Water

Schools

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

Lot Info

  • Lot Description: Mountain View, Wooded
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 60
  • Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2015
Closed on
Jan 28, 2016
Sold by
Lancaster Robert E and Lancaster Brenda L
Bought by
Mcdowell James E and Mcdowell Janet L
Seller's Agent
Pam Hyer
Bear Creek Realty
Buyer's Agent
Pam Hyer
Bear Creek Realty
List Price
$210,000
Sold Price
$165,000
Premium/Discount to List
-$45,000
-21.43%
Current Estimated Value
$422,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,020
Avg. Annual Appreciation
10.13%
Original Mortgage
$132,000
Outstanding Balance
$105,534
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$316,486

Purchase Details

Listed on
Feb 7, 2013
Closed on
Apr 25, 2014
Sold by
Barnes Travis S
Bought by
Lancaster Robert E
Seller's Agent
Lorie Thompson
Poss Realty
Buyer's Agent
Pam Hyer
Bear Creek Realty
List Price
$189,900
Sold Price
$145,000
Premium/Discount to List
-$44,900
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$145,000
Interest Rate
4.43%
Mortgage Type
VA

Purchase Details

Closed on
Oct 1, 1990
Bought by
Barnes Travis S and Barnes Katherine H

Purchase Details

Closed on
Aug 1, 1985
Source: Public Records

Range of Values:

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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
Mcdowell James E $165,000 --
Mcdowell James E $165,000 --
Lancaster Robert E $145,000 --
Lancaster Robert E $145,000 --
Barnes Travis S $23,000 --
Barnes Travis S $23,000 --
-- $15,000 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdowell James E $132,000
Closed Mcdowell James E $132,000
Previous Owner Lancaster Robert E $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2016 01/28/16 Sold $165,000 -13.1% $120 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
07/31/2015 07/31/15 Price Changed $189,900 -5.0% $138 / Sq Ft
06/30/2015 06/30/15 Price Changed $199,900 -4.8% $145 / Sq Ft
01/06/2015 01/06/15 For Sale $210,000 +44.8% $153 / Sq Ft
04/25/2014 04/25/14 Sold $145,000 -14.7% $53 / Sq Ft View Prior Sale
03/07/2014 03/07/14 Pending -- -- --
09/17/2013 09/17/13 Price Changed $169,900 -10.5% $62 / Sq Ft
08/09/2013 08/09/13 For Sale $189,900 +31.0% $69 / Sq Ft
08/06/2013 08/06/13 Off Market $145,000 -- --
05/23/2013 05/23/13 Price Changed $189,900 -4.6% $69 / Sq Ft
02/07/2013 02/07/13 For Sale $199,000 -- $72 / 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 $1,370 $98,860 $12,000 $86,860
2023 $1,368 $88,284 $12,000 $76,284
2022 $1,315 $85,387 $12,000 $73,387
2021 $1,077 $70,782 $11,500 $59,282
2020 $966 $63,170 $11,500 $51,670
2019 $973 $63,170 $11,500 $51,670
2018 $977 $63,170 $11,500 $51,670
2017 $940 $63,170 $11,500 $51,670
2016 $1,191 $63,170 $11,500 $51,670
2015 $1,078 $62,613 $11,000 $51,613
2014 $1,148 $59,298 $11,000 $48,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07383330

Georgia MLS

APN: 025B-039