NOT LISTED FOR SALE

492 Bailey Farm Dr Unit 12 Mineral Bluff, GA 30559

Estimated Value: $1,142,000 - $1,175,000

3 Beds
3.5 Baths
3,600 Sq Ft
$321/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $890,000 $247 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,644/month

8 Days on Market

Highlights

  • 245 Feet of Waterfront
  • 3 Acre Lot
  • Deck
  • Spa
  • Mountain View
  • Private Lot

About This Home

As of June 2022

RARE OFFERING. Magnificent 3,600sf pristine home with many custom features on 3 acres w/245 ft of frontage on clear running, stocked trout stream. Relax to the sounds of rippling water on your waterside deck or launch your canoe or tube. Walk out of the spacious great room onto a giant deck customized for year-round living. Lovely landscaping with several seating areas. Huge lower-level family room perfect for entertaining all ages w/full size bar, pool table, fireplace, custom porch w/hot tub & lounge area. 9COx11CO workshop w/8ft worktable, pegboards & shelves. 2 miles to the great new Old Toccoa Farms golf course. 9 miles to shops and restaurants in Blue Ridge. Buyer can purchase adjoining 3.6 ac creekfront lot at a big discount.

Last Agent to Sell the Property

Mark Engledow

Coldwell Banker High Country License #239529 Listed on: 04/29/2022

Coldwell Banker High Country

Last Buyer's Agent

Mike Holloway

Coldwell Banker High Country License #325804

Coldwell Banker High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 2000

Lot Details

  • 3 Acre Lot
  • Home fronts a stream
  • 245 Feet of Waterfront
  • Private Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Cabin
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Game Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Insulation

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

  • Blue Ridge Elementary School
  • Fannin County Middle School
  • Fannin County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • 220 Volts
  • Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include private roads
  • Bailey Farms Subdivision

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,436

Year Built

Built in 2000

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • District: 8
  • Section: 2
  • Year Built: 2000
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional
  • GreenEnergyEfficient: Exposure/Shade, Insulation, Windows
  • Levels: Two
  • Lot Size Acres: 3
  • Other Sturctures: Garage(s), Other
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Total Finished Area2: 3600
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s), Washer
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Below Grade Finished Sq Ft: 1800
  • Total Finished Sq Ft: 1800
  • Above Grade Finished Sq Ft: 1800
  • Interior Amenities: Beamed Ceilings, Bookcases, Double Vanity, High Ceilings, Master On Main Level, Separate Shower, Soaking Tub, Split Bedroom Plan, Tile Bath, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Feature Name: Hot House Creek
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Basement, Gas Log, Living Room
  • Flooring: Hardwood, Pine, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters, Walk-in Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 2

Exterior Features

  • Waterfront Frontage: 245
  • Construction Materials: Concrete
  • ExteriorFeatures: Garden
  • Lot Features: Other, Private, Sloped
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Pool Features: Hot Tub
  • Property Condition: Resale
  • Roof: Composition
  • View: Mountain(s), Valley
  • Waterfront Features: Creek

Garage/Parking

  • Parking Features: Garage, Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central, Forced Air, Propane
  • Laundry Features: In Mud Room, Other
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Propane, Underground Utilities
  • Water Source: Private, Well

Condo/Co-op/Association

  • Annual Association Fee: 200
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Private Roads

Schools

  • Elementary School: Blue Ridge
  • High School: Fannin County
  • Middle School: Fannin County
  • Elementary School: Blue Ridge
  • Middle School: Fannin County
  • High School: Fannin County

Lot Info

  • Land Lot: 118,1
  • Lot: 12
  • Deed Book: 1089
  • Deed Page: 773

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Bennett Donna Gene
Bought by
Martha E Wallace Revocable Trust and Wallace Martha E
Total Days on Market
8
Current Estimated Value
$1,155,000

Purchase Details

Closed on
Apr 30, 2024
Sold by
Bennett Gordon E
Bought by
Bennett Donna Gene Tr and Bennett Gordon Edward Tr

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 7, 2022
Sold by
Genco Margaret L
Bought by
Bennett Gordon E and Bennett Donna G
Seller's Agent
Mark Engledow
Coldwell Banker High Country
Buyer's Agent
Mike Holloway
Coldwell Banker High Country
List Price
$898,800
Sold Price
$890,000
Premium/Discount to List
-$8,800
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Apr 23, 2014
Sold by
Perry Frank B
Bought by
Genco Margaret L and Lynch Donald J

Purchase Details

Closed on
Oct 16, 1999
Sold by
Bailey Creek Propert
Bought by
Perry Frank B and Perry Mary
Source: Public Records

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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
Martha E Wallace Revocable Trust $1,150,000 --
Bennett Donna Gene Tr -- --
Bennett Gordon E $890,000 --
Genco Margaret L $350,000 --
Perry Frank B $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genco Margaret L $247,600
Previous Owner Perry Frank B $50,000
Previous Owner Perry Frank B $253,500
Previous Owner Perry Frank B $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $890,000 -1.0% $247 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $898,800 -- $250 / 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 $2,097 $228,776 $13,802 $214,974
2023 $1,911 $187,456 $13,802 $173,654
2022 $1,395 $153,475 $13,802 $139,673
2021 $1,416 $104,418 $13,802 $90,616
2020 $1,440 $104,418 $13,802 $90,616
2019 $1,468 $104,418 $13,802 $90,616
2018 $1,556 $104,418 $13,802 $90,616
2017 $1,867 $105,498 $13,802 $91,696
2016 $1,619 $97,324 $14,028 $83,296
2015 $2,484 $164,500 $13,566 $150,934
2014 $3,581 $199,220 $13,566 $185,654
2013 -- $141,170 $13,566 $127,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10043454

Georgia MLS

APN: 0047-02705