NOT LISTED FOR SALE

517 Oakey Ridge Cir Lakemont, GA 30552

Estimated Value: $845,000 - $1,145,000

3 Beds
2 Baths
2,300 Sq Ft
$431/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $425,000 $185 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $5,923/month

182 Days on Market

Highlights

  • Marina
  • Lake Front
  • Craftsman Architecture
  • Rabun County High School Rated 9+
  • Gated Community
  • Community Lake

About This Home

As of December 2018

On top of the world! Charming log home in Rabun Bluffs gated community. Spectacular mountain view of Lake Rabun. Convenient to Hall's Boat House Marina with boat storage. Open floor plan with spacious rooms and expansive decks. Invites entertaining. Hardwood floors, stone fireplace, vaulted ceilings, private master retreat, kitchen keeping room and two car garage make this house special. Unique private water filtration system & generator. Unfinished terrace level offers option for expansion. Turn key possibility.

Last Agent to Sell the Property

Yetty Arp

Atlanta Fine Homes Sotheby's International License #137229 Listed on: 05/10/2018

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Kevin Levent

BHGRE Metro Brokers

BHGRE Metro Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 2001

Lot Details

  • Lake Front
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Craftsman Architecture
  • Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Windows
  • Family Room with Fireplace
  • Second Story Great Room
  • Loft
  • Bonus Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack

Bedrooms and Bathrooms

  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security Gate
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 036D 040

Community Details

Overview

  • Rabun Bluffs Subdivision
  • Community Lake

Recreation

  • Marina

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,546

Year Built

Built in 2001

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Craftsman
  • Property Condition: Resale
  • Year Built: 2001
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Central Vacuum, High Ceilings 9 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Driveway Access, Exterior Entry, Full
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Pantry Walk-In, Solid Surface Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story, Great Room - 2 Story, Loft
  • Square Footage: 2300.00
  • Window Features: Insulated Windows, Skylight(s)

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Skylights, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Log
  • Roof Type: Composition
  • Lake Name: Rabun
  • Patio And Porch Features: Deck
  • Exterior Features: Gas Grill
  • View: Lake, Mountain(s)

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Fire Alarm, Security Gate, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Propane, Zoned
  • Laundry Features: Main Level, Mud Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Lake, Marina
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Master Association Fee: 1000
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Rabun Bluffs

Schools

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

Lot Info

  • Deed Book: Y19
  • Deed Page: 340
  • Plat Book: 45
  • Plat Page: 175
  • Lot Features: Wooded
  • Parcel Number: 036D 040
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows

Tax Info

  • Taxes: 2546.00
  • Assessor Parcel Number: 036D-040
  • Close Date: 2018-12-17
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Lake

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Dec 17, 2018
Sold by
Spencer Susan L
Bought by
Hill Thomas Francis and Hill Laura B
Seller's Agent
Yetty Arp
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Kevin Levent
BHGRE Metro Brokers
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Total Days on Market
182
Current Estimated Value
$992,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,039
Avg. Annual Appreciation
14.00%
Original Mortgage
$340,000
Outstanding Balance
$303,569
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$688,470

Purchase Details

Closed on
Jul 1, 2004

Purchase Details

Closed on
Aug 1, 2000
Bought by
Spencer Susan L

Purchase Details

Closed on
Sep 1, 1998
Source: Public Records

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Range of Values:

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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
Hill Thomas Francis $425,000 --
Hill Thomas Francis $425,000 --
-- -- --
-- -- --
Spencer Susan L $67,000 --
Spencer Susan L $67,000 --
-- $33,500 --
-- $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Thomas Francis $340,000
Closed Hill Thomas Francis $340,000
Previous Owner Spencer Susan L $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $425,000 -5.6% $185 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
08/29/2018 08/29/18 Price Changed $450,000 -5.3% $196 / Sq Ft
05/10/2018 05/10/18 For Sale $475,000 -- $207 / 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 $3,246 $202,266 $42,000 $160,266
2023 $3,411 $186,339 $42,000 $144,339
2022 $3,324 $181,597 $42,000 $139,597
2021 $3,144 $167,669 $42,000 $125,669
2020 $3,148 $162,288 $42,000 $120,288
2019 $3,170 $162,288 $42,000 $120,288
2018 $2,655 $135,409 $42,000 $93,409
2017 $2,546 $135,409 $42,000 $93,409
2016 $2,553 $135,409 $42,000 $93,409
2015 $2,636 $136,895 $42,000 $94,895
2014 -- $135,928 $42,000 $93,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6009647

First Multiple Listing Service (FMLS)

APN: 036D-040