NOT LISTED FOR SALE

494 Loblolly Dr Unit 559 Sparta, GA 31087

Estimated Value: $715,910 - $763,000

4 Beds
4 Baths
2,520 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 22, 2015

Last sale price $284,000 $113 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,184/month

181 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Community Lake
  • Satellite Dish
  • Boathouse includes two slips
  • Recreation Room
  • Seawall

About This Home

As of September 2015

If you are looking for a spacious and quality built lake house - look no futher! This four bedroom, 3.5 bath house really is the best deal on the lake. The living room and kitchen offer vaulted ceilings with breathtaking views. Enjoy your coffee from either screened in porch or the large deck out back. Downstairs there is an additional living room and kitchen that leads out back to a patio with swing and a short flat walk to the lake. Down there you will find a seawall with steps for entry to the water, a max dock big enough to tan or dine on, two covered boat slips with lifts and storage closets for all your fishing poles and lake toys. Priced to sell - looks brand new. Furnishings are negotiable. You really need to see this place.

Last Agent to Sell the Property

Courtney Tollison

Robert Binion Real Estate License #336093 Listed on: 02/20/2015

Last Buyer's Agent

Courtney Tollison

Robert Binion Real Estate License #336093 Listed on: 02/20/2015

Property Details

Home Type

  • Other

Year Built

  • 2005

Lot Details

  • 90 Feet of Waterfront

Interior Spaces

  • 2,520 Sq Ft Home
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Boathouse includes two slips

Schools

  • M E Lewis / Hancock / Hancock County Elementary School
  • Hancock Central / Hancock / Hancock County Middle School
  • Hancock Central / Hancock / Hancock County High School

Utilities

  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Community Lake

Property Details

Home Type

Other

Year Built

2005

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2005

Interior Features

  • Fireplace(s): 1, In Living Room, Masonry
  • Basement: Full
  • Equipment: Smoke/Fire Alarm, Dryer, Satellite Dish, Washer
  • Kitchen Equipment: Dishwasher, Range/Oven, Refrigerator
  • Feature Name: Lake Sinclair
  • Interior Amenities: Vaulted Ceilings, Double Vanity, Garden Tub, Hardwood Floors, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Wet Bar, Whirlpool Bath
  • Laundry Location: Hall
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Second Kitchen
  • Above Grade Finished Sq Ft: 2520

Exterior Features

  • Boathouse/Dock: Boathouse - 2 Slip, Seawall
  • Construction: Concrete Siding
  • Exterior Features: Balcony, Deck/Patio, Screen Porch, Workshop
  • Roof Type: Composition
  • Waterfront Type: Waterfront
  • Waterfront Frontage: 90

Garage/Parking

  • Parking: 3 Car Or More, Kitchen Level Entry, Parking Pad, Side/Rear Entrance, Storage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Central
  • Energy Features: Electric Water Heater
  • Water/Sewer: Septic Tank

Association/Amenities

  • Amenities: Lake

Schools

  • Elementary School: M E Lewis / Hancock / Hancock County, GA
  • High School: Hancock Central / Hancock / Hancock County, GA
  • Middle School: Hancock Central / Hancock / Hancock County, GA

Lot Info

  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Zarkadas William
Bought by
Reitz Mackenzie and Reitz Matthew
Current Estimated Value
$736,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$434,617
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$302,361

Purchase Details

Closed on
Aug 23, 2023
Sold by
Burnsed Rodney N
Bought by
Zarkadas William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2018
Sold by
Barbee Donald R
Bought by
Burnsed Rodney Neal and Burnsed Sheryl B

Purchase Details

Listed on
Feb 20, 2015
Closed on
Sep 22, 2015
Sold by
Renegar John D
Bought by
Barbee Donald R and Barbee Carol J
Seller's Agent
Courtney Tollison
Robert Binion Real Estate
Buyer's Agent
Courtney Tollison
Robert Binion Real Estate
List Price
$289,900
Sold Price
$284,000
Premium/Discount to List
-$5,900
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$226,380
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2005
Sold by
Stevens John
Bought by
Renegar John D and Royal Deborah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,119
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Hollin & Company
Bought by
Stevens John and Stevens Pamela
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
Reitz Mackenzie $725,000 --
Zarkadas William $655,000 --
Burnsed Rodney Neal $370,000 --
Barbee Donald R $141,488 --
Barbee Donald R $141,487 --
Renegar John D $298,900 --
Stevens John $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reitz Mackenzie $435,000
Previous Owner Zarkadas William $524,000
Previous Owner Barbee Donald R $226,380
Previous Owner Renegar John D $239,119
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2015 09/22/15 Sold $284,000 +1.8% $113 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
07/23/2015 07/23/15 Price Changed $279,000 -3.8% $111 / Sq Ft
02/20/2015 02/20/15 For Sale $289,900 -- $115 / 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
2025 $3,735 $101,619 $32,000 $69,619
2024 $3,278 $101,619 $32,000 $69,619
2023 $3,280 $101,066 $32,000 $69,066
2022 $3,223 $101,066 $32,000 $69,066
2021 $3,230 $101,066 $32,000 $69,066
2020 $3,232 $101,066 $32,000 $69,066
2019 $3,235 $101,066 $32,000 $69,066
2018 $3,037 $97,223 $32,000 $65,223
2017 $3,033 $97,223 $32,000 $65,223
2016 $3,037 $97,223 $32,000 $65,223
2015 -- $98,604 $32,000 $66,604
2014 -- $98,604 $32,000 $66,604
2013 -- $98,603 $32,000 $66,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07406756

Georgia MLS

APN: 012D-064