NOT LISTED FOR SALE

50 Point Morgan Ln Tiger, GA 30576

Estimated Value: $5,394,000 - $7,346,000

6 Beds
9 Baths
9,092 Sq Ft
$667/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $5,350,000 $588 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $35,303/month

65 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Marina
  • Community Dry Dock
  • Rabun County High School Rated 9+
  • Covered dock with two slips
  • Open-Concept Dining Room

About This Home

As of January 2018

One very special lake, one extraordinary home, one incomparable view. This is THE one. Arguably one of Lake Burton's most exclusive residences, this property combines the best in local craftsmanship, modern amenities & laid-back luxury. The home is perfectly situated on a gorgeous, private lot & is poised to take full advantage of the views from every room. Master & guest suites on main allow for the home to function as one-level living; separate living spaces in basement & in bunk room;2 laundry rooms;great storage;workshop;basement stubbed for additional bath;hot tub.

Last Listed By

Carrie Faletti

Atlanta Fine Homes Sotheby's International License #272429 Listed on: 07/05/2017

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,576

Year Built

  • Built in 2006

Lot Details

  • 300 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Irrigation Equipment
  • Garden

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Rustic Architecture
  • Frame Construction
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Rear Stairs
  • Beamed Ceilings
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Two Story Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Game Room
  • Workshop
  • Screened Porch
  • Wood Flooring
  • Security System Owned
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 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
  • Laundry in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Waterfront Platform
  • Covered dock with two slips
  • Deck
  • Patio
  • Outdoor Fireplace
  • Outdoor Gas Grill

Schools

  • Rabun County Elementary And Middle School
  • Rabun County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number LB13 007 L

Community Details

Overview

  • Lake Burton Subdivision
  • Community Lake

Amenities

  • Restaurant

Recreation

  • Community Dry Dock
  • Powered Boats Allowed
  • Marina
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,576

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Family Room, Masonry, Outside
  • Number Of Fireplaces: 5
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, High Speed Internet, Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Game Room, Great Room - 1 Story, Media Room, Office, Wine Cellar, Workshop
  • Dining Room Features: Open Concept
  • Spa Features: Private

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 3
  • Main Bedrooms: 2
  • Total Full Baths: 7
  • Total Half Baths: 2
  • Lower Full Bathrooms: 4
  • Main Full Bathrooms: 2
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Waterfront Frontage: 300
  • Construction Materials: Frame, Shingle Siding, Stone
  • Lake Name: Burton
  • Patio And Porch Features: Deck, Front Porch, Patio, Screened, Wrap Around
  • Exterior Features: Garden, Gas Grill, Rear Stairs
  • View: Lake, Mountain(s)

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Dry Dock, Fishing, Lake, Marina, Park, Powered Boats Allowed, Restaurant
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Lake Burton

Schools

  • Elementary School: Rabun County
  • Middle School: Rabun County
  • High School: Rabun County

Lot Info

  • Lot Features: Landscaped
  • Lot Dimensions: 2 up to 3 acres
  • Parcel Number: LB13 007 L
  • Property Attached Yn: No

Tax Info

  • Taxes: 14576.00
  • Assessor Parcel Number: LB13-007-L
  • Close Date: 2018-01-08
  • Tax Year: 2014

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Rabun County
  • High School: Rabun County
  • Middle School: Rabun County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2018
Sold by
Pkos 5 Llc
Bought by
Scsb Finnell Ltd
Total Days on Market
65
Current Estimated Value
$6,061,487

Purchase Details

Listed on
Jul 5, 2017
Closed on
Jan 8, 2018
Sold by
Brady Gordon L
Bought by
Pkos 5 Llc
Seller's Agent
Carrie Faletti
Atlanta Fine Homes Sotheby's International
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$5,699,000
Sold Price
$5,350,000
Premium/Discount to List
-$349,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%

Purchase Details

Closed on
Feb 1, 2006
Sold by
Not Provided
Bought by
Brady Gordon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2000

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
Scsb Finnell Ltd -- --
Scsb Finnell Ltd -- --
Pkos 5 Llc -- --
Pkos 5 Llc -- --
Brady Gordon L -- --
Brady Gordon L -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brady Gordon L $425,000
Previous Owner Brady Gordon L $3,000,000
Previous Owner Brady Gordon L $3,397,000
Previous Owner Brady Gordon L $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2018 01/08/18 Sold $5,350,000 -6.1% $588 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $5,699,000 -- $627 / 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 $18,430 $1,148,292 $0 $1,148,292
2023 $18,489 $1,010,175 $0 $1,010,175
2022 $17,748 $969,672 $0 $969,672
2021 $16,273 $867,918 $0 $867,918
2020 $15,989 $824,340 $0 $824,340
2019 $16,102 $824,340 $0 $824,340
2018 $16,160 $824,340 $0 $824,340
2017 $15,266 $812,046 $0 $812,046
2016 $15,127 $802,432 $0 $802,432
2015 $14,238 $739,350 $0 $739,350
2014 $14,576 $752,911 $0 $752,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5873867

First Multiple Listing Service (FMLS)

APN: LB13-007-L