$842,000
SOLD AUG 22, 2025

520 Mountain Falls Loop Ellijay, GA 30536

4 Beds
3.5 Baths
3,600 Sq Ft
2.3 Acres

Recently Sold

$234 Per Sq Ft

4% Below List Price

45 Days on Market

Highlights

  • Gated Community
  • Craftsman Architecture
  • Deck
  • 2.3 Acre Lot
  • Mountain View
  • Wood Burning Stove

About This Home

As of August 2025

Nestled in the heart of the North Georgia Mountains, this exquisite and charming mountain home in Falling Waters hosts an unparalleled blend of luxury and nature with 2.3 tastefully landscaped acres, creek access and breathtaking views. With over 3600 sq ft of living space, each level will make your jaw drop. The main living floor includes the family room with stacked stone fireplace, chef's kitchen with custom cabinetry and stainless steel appliances, large laundry room/utility room downstairs, home office space, primary suite, plus an additional spacious bedroom and bath. On this level outside is a screened-in living space with a cozy wood burning fireplace. The terrace level is home to two large bedrooms and bathrooms, a full home gym, stacked stone fireplace, and a wet bar. Custom cabinets, granite countertops, high-end finishes and modern touches are found throughout the home. Expansive decks adorn the entire back of the house and overlook a large flagstone firepit area, a sauna and hot tub, all of which stay with the home! This home is the most perfect blend of natural beauty and modern comfort. Truly a must see! Newly built outdoor shed. Samsung washer and dryer, front load, stay.

Last Agent to Sell the Property

Jamie Daves

Crye-Leike, Realtors Brokerage Phone: (706) 633-7746 License #393563 Listed on: 05/23/2025

Crye-Leike, Realtors

Last Buyer's Agent

Nathan Fitts

Nathan Fitts & Team License #216251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $983

Year Built

  • Built in 2017

Lot Details

  • 2.3 Acre Lot
  • Partially Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Wood Burning Stove
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Home Office
  • Home Gym
  • Wood Flooring
  • Mountain Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16

Community Details

Overview

  • Falling Waters Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$983

Year Built

Built in 2017

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • District: 5
  • Year Built: 2017
  • ArchitecturalStyle: Craftsman, Traditional
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 2.30
  • Other Sturctures: Garage(s), Other
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3600
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Other, Oven/Range (Combo), Refrigerator, Tankless Water Heater, Washer
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: Finished
  • Total Finished Sq Ft: 3600
  • Above Grade Finished Sq Ft: 3600
  • Interior Amenities: Master On Main Level, Soaking Tub, Wet Bar, Whirlpool Bath
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, Other, Wood Burning Stove
  • Flooring: Hardwood
  • Kitchen Features: Pantry, Solid Surface Counters
  • Price Per Square Foot: 233.888

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other, Wood Siding
  • ExteriorFeatures: Other
  • Fencing: Other
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Other
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Detached, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Security Features: Gated Community
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Annual Association Fee: 1200
  • Association: No
  • Community Features: Gated

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Ellijay Primary/Elementary
  • High School: Gilmer
  • High School Bus: Yes
  • Middle School: Clear Creek
  • Middle School Bus: Yes
  • Elementary School: Ellijay Primary/Elementary
  • Middle School: Clear Creek
  • High School: Gilmer

Lot Info

  • Land Lot: 75
  • Lot: 16
  • Deed Book: 2000
  • Deed Page: 361

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2024

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Aug 22, 2025
Sold by
Gallagher Elwood
Bought by
Ullman Chad and Ullman Linda Karen
Seller's Agent
Jamie Daves
Crye-Leike, Realtors
Buyer's Agent
Nathan Fitts
Nathan Fitts & Team
List Price
$880,000
Sold Price
$842,000
Premium/Discount to List
-$38,000
-4.32%
Views
177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%
Original Mortgage
$631,500
Outstanding Balance
$630,955
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$229,098

Purchase Details

Closed on
Oct 6, 2016
Sold by
Bearfoot Investments Llc
Bought by
Gallagher Elwood and Gallagher Rebecca

Purchase Details

Closed on
Oct 1, 2015
Sold by
Walmark Llc
Bought by
Highland Falls Llc

Purchase Details

Closed on
Sep 21, 2015
Sold by
Community & Southern Bank
Bought by
Walmark Llc

Purchase Details

Closed on
Sep 28, 2012
Sold by
Community & Southern Bank
Bought by
Bearfoot Investments Llc

Purchase Details

Closed on
Jul 31, 2012
Sold by
Community And Souther Bank
Bought by
Community And Souther Bank

Purchase Details

Closed on
Mar 1, 2011
Sold by
Community & Southern Bank
Bought by
Community & Southern Bank

Purchase Details

Closed on
Dec 31, 2007
Sold by
Legacy Mountain Properties Llc
Bought by
Clear Creek Properties Llc

Purchase Details

Closed on
Apr 2, 2007
Sold by
The Highlands At Cle
Bought by
Legacy Mountain Properties Llc
Source: Public Records

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 Type Sale Price Title Company
Limited Warranty Deed $842,000 --
Warranty Deed $31,500 --
Warranty Deed $900,000 --
Limited Warranty Deed $288,310 --
Warranty Deed $7,000 --
Deed $8,000 --
Foreclosure Deed $95,000 --
Deed -- --
Deed $3,087,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $631,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 Sold $842,000 -1.9% $234 / Sq Ft
06/28/2025 06/28/25 Price Changed $858,500 -1.9% $238 / Sq Ft
05/30/2025 05/30/25 Price Changed $875,000 -0.6% $243 / Sq Ft
05/23/2025 05/23/25 For Sale $880,000 -- $244 / 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 $983 $284,960 $16,000 $268,960
2023 $1,011 $285,280 $16,320 $268,960
2022 $1,045 $242,400 $13,600 $228,800
2021 $1,147 $189,200 $12,000 $177,200
2020 $1,276 $167,120 $16,640 $150,480
2019 $3,658 $161,520 $16,640 $144,880
2018 $866 $37,760 $16,640 $21,120
2017 $310 $16,640 $16,640 $0
2016 $450 $17,920 $17,920 $0
2015 $370 $15,000 $15,000 $0
2014 $307 $12,000 $12,000 $0
2013 -- $10,800 $10,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10529111

Georgia MLS

APN: 3116E-016