NOT LISTED FOR SALE

50 Broken Arrow Path Blue Ridge, GA 30513

Estimated Value: $840,000 - $929,000

3 Beds
3.5 Baths
2,770 Sq Ft
$321/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $910,000 $329 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,389/month

153 Days on Market

Highlights

  • View of Trees or Woods
  • Family Room with Fireplace
  • Vaulted Ceiling
  • Deck
  • Wooded Lot
  • Oversized primary bedroom

About This Home

As of October 2024

Nestled in Cherry Lake, this mountainside retreat boasts unparalleled quality and style, offering a million-dollar vista that's breathtaking year-round. Situated just moments away from charming mountain towns like Ellijay and Blue Ridge, and with easy access to hiking and biking trails, Lake Blue Ridge, and the Toccoa River, this cabin, built in 2017 by Kevin Teague, is a haven for nature enthusiasts. With three ensuite suites on each level, a half bath on the main floor, and a vaulted great room with a stunning wall of windows, stone fireplace, and wood floors, the cabin exudes modern rustic charm. Step onto the expansive covered porch with its own fireplace for entertaining, or retreat to the owner's suite with a luxurious walk-in tile shower, soaking tub, and private balcony. The finished basement offers additional space with a bedroom, full bath, rec/media room, gas log fireplace, and wet bar. Sold furnished with HOT TUB and currently utilized as an Air B&B with a proven income stream, this home is the epitome of mountain living.

Last Listed By

Meg Loudermilk

RE/MAX Town And Country License #121257 Listed on: 04/26/2024

RE/MAX Town And Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,798

Year Built

  • Built in 2017

Lot Details

  • 1.75 Acre Lot
  • Property fronts a private road
  • Private Entrance
  • Sloped Lot
  • Wooded Lot

Property Views

  • Woods
  • Mountain

Home Design

  • Country Style Home
  • Rustic Architecture
  • Cabin
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Second Story Great Room
  • Loft
  • Game Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Country Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Finished Basement

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

Parking

  • Parking Accessed On Kitchen Level
  • Driveway Level

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Outdoor Fireplace

Schools

  • Ellijay Elementary School
  • Clear Creek Middle School
  • Gilmer High School

Utilities

  • Forced Air Heating and Cooling System
  • 110 Volts
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Cherry Lake Subdivision

Listing and Financial Details

  • Tax Lot 297
  • Assessor Parcel Number 3104K 297

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,798

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: Lot 297; 2nd Section; 7th District of Gilmer County Land Lot 75
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Country, Rustic
  • Property Condition: Resale
  • Year Built: 2017
  • Levels Stories: Two
  • Cert Prof Home Bldrs Legacy: Kevin Teague
  • Above Grade Finished Sq Ft: 1650.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Basement, Family Room, Outside
  • Number Of Fireplaces: 3
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, High Ceilings, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Vaulted Ceiling(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Country Kitchen, Kitchen Island
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Great Room - 2 Story, Laundry, Loft
  • Dining Room Features: Great Room
  • Square Footage: 2770.00
  • Spa Features: None
  • Window Features: Double Pane Windows
  • Below Grade Finished Sq Ft: 1120.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Frame, Stone, Wood Siding
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Deck, Side Porch, Wrap Around
  • Exterior Features: PRVFT
  • View: Mountain(s), Trees/Woods
  • Pool Private: No
  • Foundation: Concrete Perimeter

Garage/Parking

  • Parking Features: Driveway, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Laundry Features: Laundry Closet, Laundry Room
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Cherry Lake

Schools

  • Elementary School: Ellijay
  • Middle School: Clear Creek
  • High School: Gilmer

Lot Info

  • Acres: 1.7500
  • Lot: 297
  • Land/Lot: 75
  • Section G M D: 2
  • Deed Book: 2107
  • Deed Page: 468
  • Plat Book: 27
  • Plat Page: 196
  • Lot Features: Sloped, Wooded
  • Parcel Number: 3104K 297
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5798.00
  • Assessor Parcel Number: 3104K-297
  • Close Date: 2024-10-29
  • Tax Year: 2023

MLS Schools

  • Elementary School: Ellijay
  • High School: Gilmer
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Oct 30, 2024
Sold by
Dietz Stephen
Bought by
Siegel Benjamin R and Siegel Jan L
Seller's Agent
Meg Loudermilk
RE/MAX Town And Country
Buyer's Agent
Heather Foresman
Engel & Völkers North Georgia Mountains
List Price
$1,199,000
Sold Price
$910,000
Premium/Discount to List
-$289,000
-24.1%
Total Days on Market
153
Views
65
Current Estimated Value
$890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,000
Avg. Annual Appreciation
-4.26%
Original Mortgage
$600,000
Outstanding Balance
$598,240
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$291,760

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 4, 2018
Sold by
Big South Builders & Devel
Bought by
Dietz Stephen and Mallard Kina
Buyer's Agent
Meg Loudermilk
REMAX Town & Country - Ellijay
List Price
$483,000
Sold Price
$483,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$386,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2017
Sold by
Teague Kevin
Bought by
Big South Builders & Developme

Purchase Details

Closed on
Feb 23, 2017
Sold by
Hysler Edwin S
Bought by
Teague Kevin

Purchase Details

Closed on
Jun 29, 2005
Sold by
Botterbusch Reiner
Bought by
Hysler Edwin S

Purchase Details

Closed on
Aug 1, 1996
Bought by
Botterbush Reiner and Botterbush Renate

Range of Values:

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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
Siegel Benjamin R $910,000 --
Dietz Stephen $483,000 --
Big South Builders & Developme -- --
Teague Kevin $65,000 --
Hysler Edwin S $170,000 --
Botterbush Reiner $229,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siegel Benjamin R $600,000
Previous Owner Dietz Stephen $100,000
Previous Owner Dietz Stephen $342,900
Previous Owner Dietz Stephen $377,000
Previous Owner Dietz Stephen $386,400
Previous Owner Big South Builders & Developme $302,512
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $910,000 -8.5% $329 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $995,000 -9.5% $359 / Sq Ft
08/10/2024 08/10/24 Price Changed $1,100,000 -4.3% $397 / Sq Ft
06/28/2024 06/28/24 Price Changed $1,149,000 -4.2% $415 / Sq Ft
04/26/2024 04/26/24 For Sale $1,199,000 +148.2% $433 / Sq Ft
06/04/2018 06/04/18 Sold $483,000 0.0% $182 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $483,000 -- $182 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $5,174 $333,960 $51,000 $282,960
2023 $5,798 $362,480 $51,000 $311,480
2022 $5,117 $290,760 $37,080 $253,680
2021 $4,381 $220,760 $30,000 $190,760
2020 $4,200 $190,960 $30,000 $160,960
2019 $4,126 $182,200 $24,000 $158,200
2018 $1,135 $49,480 $24,000 $25,480
2017 $443 $18,000 $18,000 $0
2016 $452 $18,000 $18,000 $0
2015 $666 $27,000 $27,000 $0
2014 $692 $27,000 $27,000 $0
2013 -- $27,000 $27,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7376749

First Multiple Listing Service (FMLS)

APN: 3104K-297