NOT LISTED FOR SALE

57 Banks Ln Lakemont, GA 30552

Estimated Value: $697,000 - $2,129,000

5 Beds
3.5 Baths
2,716 Sq Ft
$641/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $2,150,000 $792 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $9,630/month

9 Days on Market

Highlights

  • 286 Feet of Waterfront
  • Access To Lake
  • Private Lot
  • 2 Boat Docks
  • Community Lake
  • Wood Flooring

About This Home

As of August 2022

Rare opportunity with lake front property on Lake Rabun. Charming lake home with 5 bedrooms and 3 baths. 2 car attached garage with parking pad. Main level offers kitchen and living room with wrap around screened in porch, overlooking the water. Upper level has 4 bedrooms and 2 baths as well as bonus space above the garage. Terrace Level has recreation room, bedroom and bath. Recently added 2 boat house and floating dock, ideal for entertaining. Best lot on Lake Rabun. Truly must see!

Last Agent to Sell the Property

Bonneau Ansley

Ansley RE | Christie's Int'l RE License #213204 Listed on: 05/13/2022

Ansley RE | Christie's Int'l RE

Last Buyer's Agent

The Lake Team

Ansley RE | Christie's Int'l RE License #251201

Ansley RE | Christie's Int'l RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 1987

Lot Details

  • 0.86 Acre Lot
  • 286 Feet of Waterfront
  • Lake Front
  • Private Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 1 Fireplace
  • Great Room
  • Bonus Room
  • Screened Porch
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom

Parking

  • Garage
  • Parking Pad

Outdoor Features

  • Access To Lake
  • 2 Boat Docks

Schools

  • Rabun County Primary/Elementar Elementary School
  • Rabun County Middle School
  • Rabun County High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Lake Rabun Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,331

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • ArchitecturalStyle: Other
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .86
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 2
  • Total Finished Area2: 2716
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range (Combo), Refrigerator
  • Bedrooms: 5
  • Basement: Bath Finished, Concrete, Interior Entry, Exterior Entry
  • Below Grade Finished Sq Ft: 832
  • Total Finished Sq Ft: 1884
  • Above Grade Finished Sq Ft: 1884
  • Interior Amenities: Wet Bar
  • Feature Name: Lake Rabun
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Hardwood, Carpet, Other
  • Kitchen Features: Breakfast Bar, Kitchen Island
  • Price Per Square Foot: 918.630

Beds/Baths

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

Exterior Features

  • Waterfront Frontage: 286
  • Construction Materials: Wood Siding
  • Lot Features: Private
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: Lake Access, Lake

Garage/Parking

  • Parking Features: Attached, Garage, Parking Pad

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet, Other, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • Middle School: Rabun County
  • Elementary School: Rabun County Primary/Elementar
  • Middle School: Rabun County
  • High School: Rabun County

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2330.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Bready Cameron M
Bought by
Miller Anne Morgan and Morgan Elford H
Current Estimated Value
$1,741,336

Purchase Details

Listed on
May 13, 2022
Closed on
Aug 26, 2022
Sold by
Monfort Mary Pat D
Bought by
Bready Cameron M and Bready Mary F
Seller's Agent
Bonneau Ansley
Ansley RE | Christie's Int'l RE
Buyer's Agent
The Lake Team
Ansley RE | Christie's Int'l RE
List Price
$2,695,000
Sold Price
$2,150,000
Premium/Discount to List
-$545,000
-20.22%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.76%

Purchase Details

Closed on
Aug 26, 2021
Sold by
Monfort William F
Bought by
Monfort Mary Pat

Purchase Details

Closed on
Dec 14, 2011
Sold by
Monfort William F
Bought by
Monfort William F and Monfort Mary Pat

Purchase Details

Closed on
Apr 1, 2001
Bought by
Monfort William F

Purchase Details

Closed on
Mar 1, 2001
Source: Public Records

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
Miller Anne Morgan $1,995,000 --
Bready Cameron M $2,150,000 --
Bready Cameron M $2,150,000 --
Monfort Mary Pat -- --
Monfort Mary Pat -- --
Monfort Mary Pat -- --
Monfort William F -- --
Monfort William F -- --
Monfort William F -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $2,150,000 -13.8% $792 / Sq Ft
06/02/2022 06/02/22 Price Changed $2,495,000 -7.4% $919 / Sq Ft
05/30/2022 05/30/22 For Sale $2,695,000 0.0% $992 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $2,695,000 -- $992 / 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 $1,931 $120,325 $0 $120,325
2023 $1,814 $99,131 $0 $99,131
2022 $2,485 $135,780 $0 $135,780
2021 $2,331 $124,308 $0 $124,308
2020 $2,194 $113,106 $0 $113,106
2019 $2,070 $105,986 $0 $105,986
2018 $1,843 $93,997 $0 $93,997
2017 $1,767 $93,997 $0 $93,997
2016 $1,772 $93,997 $0 $93,997
2015 $1,719 $89,270 $0 $89,270
2014 $1,728 $89,270 $0 $89,270
Source: Public Records

Agents Affiliated with this Home

  • Bonneau Ansley

    Seller's Agent in 2022

    Bonneau Ansley

    Ansley RE | Christie's Int'l RE

    (404) 906-3161

    1 in this area

    447 Total Sales

    Bonneau Ansley
    Section Image

  • T

    Buyer's Agent in 2022

    The Lake Team

    Ansley RE | Christie's Int'l RE

    (706) 715-5550

    59 in this area

    91 Total Sales

    The Lake Team
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20041128

Georgia MLS

APN: LR04-065-L

Georgia Rabun County Lakemont 30552

57 Banks Ln, Lakemont, GA

This home is located at 57 Banks Ln, Lakemont, GA 30552 since 13 May 2022 and is currently estimated at $1,741,336, approximately $641 per square foot. This property was built in 1987. 57 Banks Ln is a home located in Rabun County with nearby schools including Rabun County Primary School and Rabun County High School.

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