NOT LISTED FOR SALE

540 Hidden Lake Dr Unit 5 Cherry Log, GA 30522

Estimated Value: $353,744 - $454,000

2 Beds
1 Bath
-- Sq Ft
0.78 Acres

Last Sold September 16, 2022

Last sale price $340,000

Est. 14% increase in value since last sale

Current estimated payment $2,344/month

14 Days on Market

Highlights

  • Mountain View
  • Private Lot
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Loft

About This Home

As of September 2022

Location, Location, Location. This cabin has the right location in so many ways. First its located only an hour and 15 mins from Atlanta. Second nestled right between Blue Ridge and Ellijay. Most importantly, it is located on the ridge of a mountain with layered views. Dine and relax on the covered porch listening to the sounds of nature. It doesn't get any better. There are 2 bedrooms on the main level and a large loft area that is currently being used as an office and guest quarters. Home is being sold fully furnished and has never been rented. Home is priced to sell and the view will capture your heart. Privacy, relaxation and beautiful scenery will be yours in this wonderful cabin. Two hours notice for showing please - Occupied Text For more Info TO 35620 TEXT 901911

Last Listed By

Linda Gregory

BHGRE Metro Brokers License #316958 Listed on: 07/26/2022

BHGRE Metro Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 1989

Lot Details

  • 0.78 Acre Lot
  • Private Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Loft
  • Wood Flooring
  • Mountain Views
  • Crawl Space
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • Hidden Lakes Subdivision

Listing and Financial Details

  • Tax Lot 177

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,008

Year Built

Built in 1989

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • District: 7TH
  • Section: 2
  • Year Built: 1989
  • Co List Office: MTBR28
  • Financing Type: Conventional
  • Levels: One and One Half
  • Lot Size Acres: .78
  • Other Sturctures: Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Basement: Crawl Space
  • Interior Amenities: Master On Main Level
  • Flooring: Hardwood
  • Other Equipment: Satellite Dish

Beds/Baths

  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Log
  • Lot Features: Private
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale
  • Roof: Metal
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Central, Electric
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 300
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Land Lot: 177
  • Deed Book: 1065
  • Deed Page: 77
  • Plat Book: 14
  • Plat Page: 77

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 16, 2022
Sold by
Goin John E
Bought by
Redman Philip and Poss Laura Ann
Seller's Agent
Linda Gregory
BHGRE Metro Brokers
Buyer's Agent
G David Armstrong
BHGRE Metro Brokers
List Price
$399,900
Sold Price
$340,000
Premium/Discount to List
-$59,900
-14.98%
Total Days on Market
14
Views
17
Current Estimated Value
$388,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,186
Avg. Annual Appreciation
5.78%
Original Mortgage
$255,000
Outstanding Balance
$246,123
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$148,291

Purchase Details

Closed on
Jun 30, 2004
Sold by
Voltz Sharon M
Bought by
Goin John E and Goin Emily R

Purchase Details

Closed on
Feb 1, 1987
Bought by
Voltz Sharon M

Range of Values:

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Average Value
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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
Redman Philip $340,000 --
Goin John E $135,000 --
Voltz Sharon M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redman Philip $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $340,000 -2.8% --
08/09/2022 08/09/22 Pending -- -- --
08/07/2022 08/07/22 Price Changed $349,900 -12.5% --
07/26/2022 07/26/22 For Sale $399,900 -- --
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 $2,008 $129,600 $20,800 $108,800
2023 $2,073 $129,600 $20,800 $108,800
2022 $1,710 $97,160 $19,200 $77,960
2021 $1,455 $73,320 $19,200 $54,120
2020 $1,411 $64,128 $19,200 $44,928
2019 $1,223 $54,008 $19,200 $34,808
2018 $1,239 $54,008 $19,200 $34,808
2017 $1,293 $52,556 $19,200 $33,356
2016 $1,299 $51,760 $18,000 $33,760
2015 $1,047 $42,484 $19,200 $23,284
2014 $1,080 $42,160 $19,200 $22,960
2013 -- $42,284 $19,200 $23,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10075424

Georgia MLS

APN: 3105A-005