NOT LISTED FOR SALE

51 Merit Ct Ellijay, GA 30540

Estimated Value: $396,648 - $468,000

3 Beds
2 Baths
1,248 Sq Ft
$350/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $399,000 $320 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,635/month

1 Day on Market

Highlights

  • Gated Community
  • Wood Flooring
  • 1 Fireplace
  • Mountain View
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of March 2022

Perfect mountain getaway, or income producing second home located in Coosawattee River Resort, this quaint cabin has seasonal long range Mountain View. As you drive up picture your family & friends gathered around the fire pit in the front yard. Inside you'll find a spacious open living great room perfect for entertaining. The living room has a gas log fireplace, dining area, kitchen w/ island. The Master is located on the main floor just off the living room, the master bath features a large jetted tub, and separate shower. Upstairs is the 2nd bath and 2 guest bedrooms. The covered front porch has a dry storage area underneath. Fantastic location inside the Coosawattee River Resort with all paved roads to the house except for the last few feet on Merit. Coosawattee River Resort has indoor and outdoor pools, fitness center, game room, tennis, putt-putt, parks, pavilions and even river access.

Last Listed By

Brooks Wade

Gulf Realty 30A: Hops & Homes LLC Brokerage Phone: 8506871261 License #386179 Listed on: 02/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,288

Year Built

  • Built in 2005

Property Views

  • Mountain
  • Seasonal

Home Design

  • Cabin
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • Furnished
  • 1 Fireplace

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Fire Pit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3053Y 116

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Coosawattee Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,288

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Residential
  • Road Frontage Type: Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Coosawattee
  • Above Grade Finished Sq Ft: 1248
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 8506871261
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Cooktop, Microwave, Dishwasher, Disposal, Washer, Dryer
  • Has Basement: None
  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet
  • Main Level Bedrooms: 1
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Shingle
  • View: Mountain(s), Seasonal
  • Pool Features: Community
  • Topography: Sloping
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Wood Siding, Log Siding
  • Exterior Features: Fire Pit
  • Patio And Porch Features: Front Porch, Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Natural Gas, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Gated, Pool, River Access
  • Senior Community: No
  • Association Fee: 700
  • Association: Yes

Schools

  • Junior High Dist: Gilmer County

Lot Info

  • Parcel #: 3053Y 116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 20, 2022
Sold by
Davis James W
Bought by
Yates Jeffrey and Yates Melissa
Seller's Agent
Brooks Wade
Gulf Realty 30A: Hops & Homes LLC
Buyer's Agent
Michael Kochie
REMAX Town & Country - Ellijay
List Price
$399,000
Sold Price
$399,000
Total Days on Market
1
Current Estimated Value
$436,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,662
Avg. Annual Appreciation
2.88%
Original Mortgage
$359,100
Outstanding Balance
$339,451
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$97,211

Purchase Details

Listed on
Jan 11, 2020
Closed on
Feb 28, 2020
Sold by
Rogers James C
Bought by
Davis James W and Davis Jennifer E
Seller's Agent
Susan McVey
REMAX Town & Country - Ellijay
Buyer's Agent
Marilyn Drake
Coldwell Banker High Country Realty - Ellijay
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.01%
Original Mortgage
$172,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
King Mike
Bought by
Rogers James C Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
West Brandon
Bought by
King Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Farlow James W
Bought by
West Brnadon

Purchase Details

Closed on
Feb 13, 2003
Sold by
Farlow James W
Bought by
Farlow James

Purchase Details

Closed on
Jan 11, 2001
Sold by
Sizemore Robert A
Bought by
Farlow James W

Purchase Details

Closed on
Oct 1, 1994
Bought by
Sizemore Robert A

Purchase Details

Closed on
Mar 1, 1991
Bought by
Sizemore Robert A

Purchase Details

Closed on
Jul 1, 1983
Bought by
Sizemore Robert A

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
Yates Jeffrey $399,000 --
Davis James W $215,000 --
Rogers James C Carol J $165,000 --
King Mike $12,000 --
West Brnadon $3,500 --
Farlow James $300 --
Farlow James W -- --
Sizemore Robert A -- --
Sizemore Robert A -- --
Sizemore Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yates Jeffrey $359,100
Previous Owner Davis James W $172,000
Previous Owner Rogers James C $64,000
Previous Owner Rogers James C Carol J $132,000
Previous Owner King Mike $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $399,000 0.0% $320 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $399,000 +85.6% $320 / Sq Ft
03/03/2020 03/03/20 Sold $215,000 0.0% $172 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $215,000 -- $172 / Sq Ft
Source: Northeast Georgia Board of REALTORS®

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 $2,288 $147,680 $4,240 $143,440
2023 $2,164 $135,280 $3,640 $131,640
2022 $1,961 $111,400 $2,480 $108,920
2021 $1,707 $88,600 $2,480 $86,120
2020 $1,432 $65,080 $2,400 $62,680
2019 $1,336 $59,000 $2,520 $56,480
2018 $1,354 $59,000 $2,520 $56,480
2017 $1,246 $50,640 $3,000 $47,640
2016 $1,309 $52,160 $4,000 $48,160
2015 $1,037 $42,080 $2,680 $39,400
2014 $951 $37,120 $1,800 $35,320
2013 -- $37,840 $1,800 $36,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 313886

Northeast Georgia Board of REALTORS®

APN: 3053Y-116