NOT LISTED FOR SALE

50 Loop Way Rabun Gap, GA 30568

Estimated Value: $335,000 - $384,800

3 Beds
2 Baths
1,810 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 23, 2025

Last sale price $334,500 $185 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,183/month

285 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Community Lake
  • Ranch Style House
  • Den

About This Home

As of April 2025

Quaint cabin nestled on 1 AC in the Sylvan Lake Falls Community at the heart of Rabun Gap. Only minutes from Black Rock Mountain state park, downtown Clayton and Dillard. From your deck seasonal views of the community lake and surrounding nature make you never want to leave. This ranch style home has 3 bedrooms and 2 full baths, an eat in country kitchen with separate dining room, a spacious family room with a gas log fireplace to cozy up around, adequate laundry room with pantry storage, and hardwood flooring throughout. Spacious open deck for enjoying the outdoors. Fenced in area for your family pets, and low yard maintenance. Come home to the Northeast Georgia Mountains for cooler temperatures and plenty of outdoor activities.

Last Agent to Sell the Property

Marsha Ramey

Poss Realty License #269390 Listed on: 06/21/2024

Last Buyer's Agent

Roger Glenn

Poss Realty License #406538

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1999

Lot Details

  • 1 Acre Lot
  • Kennel or Dog Run
  • Sloped Lot

HOA Fees

  • $65 Monthly HOA Fees

Property Views

  • Lake
  • Seasonal

Home Design

  • Ranch Style House
  • Country Style Home
  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,810 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room
  • Den
  • Wood Flooring
  • Crawl Space

Kitchen

  • Country Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room

Parking

  • Garage
  • Carport
  • Parking Storage or Cabinetry

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Rabun County Primary/Elementar Elementary School
  • Rabun County Middle School
  • Rabun County High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Propane
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include private roads, water
  • Sylvan Lake Falls Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,018

Year Built

Built in 1999

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • ArchitecturalStyle: Country/Rustic, Ranch
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 1.00
  • Other Sturctures: Kennel/Dog Run, Other, Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin, House
  • Total Finished Area2: 1810
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1810
  • Above Grade Finished Sq Ft: 1810
  • Interior Amenities: Master On Main Level
  • Full Bathrooms: 2
  • Fireplace Features: Gas Log
  • Flooring: Hardwood
  • Kitchen Features: Country Kitchen, Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 184.806

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: Sloped
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake, Seasonal View

Garage/Parking

  • Parking Features: Carport, Storage

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Electric, Heat Pump
  • Laundry Features: In Mud Room
  • Sewer: Septic Tank
  • Utilities: Propane, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Annual Association Fee: 775
  • Association: Yes
  • Community Features: Lake

Fee Information

  • Association Fee Includes: Private Roads, Water

Schools

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

Lot Info

  • Deed Book: W48
  • Deed Page: 852
  • Plat Book: 44
  • Plat Page: 183

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2017.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Apr 23, 2025
Sold by
Jarvis Clegg W
Bought by
Andybuiltmore Llc
Seller's Agent
Marsha Ramey
Poss Realty
Buyer's Agent
Roger Glenn
Poss Realty
List Price
$348,900
Sold Price
$334,500
Premium/Discount to List
-$14,400
-4.13%
Views
173
Current Estimated Value
$354,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,700
Avg. Annual Appreciation
25.72%

Purchase Details

Closed on
Jul 30, 2021
Sold by
Hipp Edith Marie
Bought by
Jarvis Clegg W and Jarvis Betty Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
Hipp Edith Marie
Bought by
Hipp Edith Marie

Purchase Details

Closed on
Nov 1, 1999
Bought by
Hipp Robert Calvin

Purchase Details

Closed on
Aug 1, 1998

Purchase Details

Closed on
Aug 1, 1980

Purchase Details

Closed on
Nov 1, 1972

Purchase Details

Closed on
Feb 1, 1957
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
Andybuiltmore Llc $334,500 --
Jarvis Clegg W $328,500 --
Jarvis Clegg W $328,500 --
Hipp Edith Marie -- --
Hipp Edith Marie -- --
Hipp Edith Marie -- --
Hipp Robert Calvin $110,000 --
Hipp Robert Calvin $110,000 --
-- $20,000 --
-- $20,000 --
-- -- --
-- -- --
-- $170,000 --
-- $170,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarvis Clegg W $20,000
Previous Owner Jarvis Clegg W $228,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $334,500 -4.1% $185 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $348,900 0.0% $193 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
12/31/2024 12/31/24 For Sale $348,900 +4.3% $193 / Sq Ft
12/21/2024 12/21/24 Off Market $334,500 -- --
11/14/2024 11/14/24 Price Changed $348,900 -3.1% $193 / Sq Ft
09/10/2024 09/10/24 Price Changed $360,000 -2.7% $199 / Sq Ft
06/21/2024 06/21/24 For Sale $370,000 -- $204 / 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 $1,942 $120,998 $23,520 $97,478
2023 $2,094 $114,416 $23,520 $90,896
2022 $1,962 $107,205 $19,600 $87,605
2021 $935 $63,221 $14,000 $49,221
2020 $914 $60,457 $14,000 $46,457
2019 $920 $60,457 $14,000 $46,457
2018 $923 $60,457 $14,000 $46,457
2017 $787 $55,005 $14,000 $41,005
2016 $789 $55,005 $14,000 $41,005
2015 $838 $56,787 $14,000 $42,787
2014 $841 $56,787 $14,000 $42,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10337338

Georgia MLS

APN: 040C-129