NOT LISTED FOR SALE

538 Mountain Falls Loop Ellijay, GA 30536

Estimated Value: $920,372 - $1,256,000

3 Beds
3 Baths
2,750 Sq Ft
$372/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $585,000 $213 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,538/month

145 Days on Market

Highlights

  • New Construction
  • View of Trees or Woods
  • Chalet
  • Gated Community
  • 3.04 Acre Lot
  • Deck

About This Home

As of March 2020

Living the luxe life... Located in the gorgeous Falling Waters Comm., this dazzling modern rustic lodge w/ stunning upgrades galore is mtn living at its finest. Showcasing the best of Watkins Homebuilders style, this spacious chalet offers 3 generous BR/BA; a grand open kit./living rm w/ soaring cath. ceilings, stone fp, & a wall of glass overlooking its beautiful surroundings; full fin. bsmt w/ rec/media rm, wet bar, stone fp, & exit to the terrace level complete w/ bbq & firepit area. Other highlights include walking path to the beautiful babbling creek, all pvd & gated access, concrete driveway, master suite rock waterfall shower & soaking tub, top-of-the-line fixtures, wood & tile floors throughout, a beautiful blend of natural textures; the list goes on and on. This spacious chalet offers magnificent entertainment space & is the ideal cabin whether you're considering part or full-time living or rental investment. Home...

Last Buyer's Agent

Greg Martin

REMAX Town & Country - BR Appalachian

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 3.04 Acre Lot

Home Design

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

Interior Spaces

  • 2,750 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Frame Window
  • Views of Woods
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 3116E 017

Community Details

Overview

  • Property has a Home Owners Association
  • Falling Waters Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2019
  • Property Sub Type: Residential
  • Road Frontage Type: Road
  • Lot Size Acres: 3.04
  • Road Surface Type: Paved
  • Subdivision Name: Falling Waters
  • Architectural Style: Chalet, Cabin, Country/Rustic
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher, Washer, Dryer
  • Has Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Wood
  • Living Area: 2750
  • Window Features: Wood Frames
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Shingle
  • View: Trees/Woods
  • Topography: Wooded,Sloping,Rolling,Steep
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Wood Siding, Log Siding, Stone
  • Exterior Features: Private Yard, Fire Pit
  • Patio And Porch Features: Front Porch, Deck, Screened
  • Property Condition: New Construction

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 900
  • Association: Yes

Schools

  • Junior High Dist: Gilmer County

Lot Info

  • Lot Size Sq Ft: 132422.4
  • Parcel #: 3116E 017
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Hale Stephen M
Bought by
Stephen M & Sandra M Hale Liv Tr
Current Estimated Value
$1,021,843

Purchase Details

Listed on
Aug 25, 2019
Closed on
Mar 20, 2020
Sold by
Watkins Home Builders Inc
Bought by
Hale Stephen M and Hale Sandra M
Buyer's Agent
Greg Martin
REMAX Town & Country - BR Appalachian
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$510,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2019
Closed on
Feb 13, 2020
Sold by
Watkins Jeffery L
Bought by
Watkins Home Builders Inc
Buyer's Agent
Greg Martin
REMAX Town & Country - BR Appalachian
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2018
Sold by
Simmons Reid W
Bought by
Watkins Jeffrey L

Purchase Details

Closed on
Sep 30, 2016
Sold by
Highland Falls Llc
Bought by
Simmons Reid W and Simmons Carla H

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
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stephen M & Sandra M Hale Liv Tr -- --
Hale Stephen M $585,000 --
Watkins Home Builders Inc -- --
Watkins Jeffrey L $35,000 --
Simmons Reid W $59,900 --
Highland Falls Llc $900,000 --
Walmark Llc $288,310 --
Clear Creek Properties Llc -- --
Legacy Mountain Properties Llc $3,087,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hale Stephen M $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $585,000 0.0% $213 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
08/25/2019 08/25/19 For Sale $585,000 -- $213 / 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
2025 $2,016 $361,504 $44,240 $317,264
2024 $2,016 $361,180 $44,240 $316,940
2023 $2,073 $361,180 $44,240 $316,940
2022 $5,869 $333,460 $36,880 $296,580
2021 $4,779 $240,780 $36,880 $203,900
2020 $4,227 $192,192 $20,280 $171,912
2019 $567 $25,040 $20,280 $4,760
2018 $465 $20,280 $20,280 $0
2017 $499 $20,280 $20,280 $0
2016 $302 $22,400 $22,400 $0
2015 $352 $16,800 $16,800 $0
2014 $430 $16,800 $16,800 $0
2013 -- $10,080 $10,080 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 291286

Northeast Georgia Board of REALTORS®

APN: 3116E-017