NOT LISTED FOR SALE

570 Lake Rabun Rd Lakemont, GA 30552

Estimated Value: $326,864 - $495,000

4 Beds
3 Baths
1,018 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $347,000 $341 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,333/month

20 Days on Market

Highlights

  • Marina
  • Lake On Lot
  • Mountainous Lot
  • Boathouse includes one slip
  • Community Lake
  • Park

About This Home

As of August 2013

Affordable Lake Rabun Cabin w/ 1 stall boathouse, the large upper deck has amazing mountain and lake views w/ gorgeous sunsets & sunrises! Great Picnic Area! Cabin is rustic w/wood walls, kitchen is compact w/stove, dishwasher, & refrigerator. 2 BR, 2 Bunk Rooms, 2 3/4 bath on main level, basement work shop area has 1/2 bath, laundry room on back porch, Lake frontage is Burns Estate. Lot #7 access for Burns Estate to the park. Boat House is owned by seller. Appointment Only. Cannot be shown before June 1, 2013.

Last Agent to Sell the Property

Jackie West

Harry Norman REALTORS License #055171 Listed on: 05/29/2013

Harry Norman REALTORS

Last Buyer's Agent

Michael McGaughey

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

Ansley RE | Christie's Int'l RE

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,372

Year Built

  • 1967

Lot Details

  • 0.66

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Boathouse includes one slip
  • Lake On Lot

Additional Features

  • 1,018 Sq Ft Home
  • Mountainous Lot
  • Septic Tank

Listing and Financial Details

  • Tax Lot 21

Community Details

Overview

  • Community Lake

Recreation

  • Marina
  • Park

Property Details

Home Type

Other

Est. Annual Taxes

$1,372

Year Built

1967

Lot Details

0

Listing Details

  • District: 5
  • Property Setting: Lake, Mountain
  • Special Features: None
  • Year Built: 1967

Interior Features

  • Main Floor Bedrooms: 4
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Basement: Concrete, Outside Entrance, Full
  • Kitchen Equipment: Dishwasher, Range/Oven, Refrigerator
  • Feature Name: Lake Rabun
  • Kitchen / Breakfast: Breakfast Bar
  • Above Grade Finished Sq Ft: 1018

Exterior Features

  • Roof: Metal/Steel
  • Boathouse/Dock: Boathouse - 1 Slip
  • Construction: Stone, Wood Siding
  • Waterfront Type: Private, Utility Company Controlled

Garage/Parking

  • Parking: 3 Car Or More, Drive Under/Basement

Utilities

  • Heating Fuel: Wood
  • Water/Sewer: Septic Tank

Association/Amenities

  • Amenities: Lake, Marina, Park

Schools

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

Lot Info

  • Lot Description: Mountain View
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 29
  • Lot: 21
  • Unit/Lot Number: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Jul 31, 2013
Sold by
Wechtel Robert H
Bought by
Burns Timothy F
Seller's Agent
Jackie West
Harry Norman REALTORS
Buyer's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
List Price
$345,000
Sold Price
$347,000
Premium/Discount to List
$2,000
0.58%
Current Estimated Value
$407,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,216
Avg. Annual Appreciation
1.44%
Original Mortgage
$277,600
Outstanding Balance
$208,766
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$203,531

Purchase Details

Closed on
Sep 26, 2005
Sold by
Wechtel Gertrude H
Bought by
Wechtel Robert H and Wechtel Gertrude H

Purchase Details

Closed on
Dec 1, 1984

Purchase Details

Closed on
Sep 1, 1949
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
Burns Timothy F $347,000 --
Burns Timothy F $347,000 --
Wechtel Robert H -- --
Wechtel Robert H -- --
-- $1,000 --
-- $1,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Timothy F $277,600
Closed Burns Timothy F $277,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2013 08/01/13 Sold $347,000 +0.6% $341 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $345,000 -- $339 / 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 $1,372 $85,508 $15,400 $70,108
2023 $1,429 $78,061 $15,400 $62,661
2022 $1,356 $74,107 $15,400 $58,707
2021 $1,270 $67,733 $15,400 $52,333
2020 $1,212 $62,466 $15,400 $47,066
2019 $1,220 $62,466 $15,400 $47,066
2018 $1,225 $62,466 $15,400 $47,066
2017 $1,174 $62,466 $15,400 $47,066
2016 $1,178 $62,466 $15,400 $47,066
2015 $1,090 $56,603 $15,400 $41,203
2014 $1,096 $56,603 $15,400 $41,203
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jackie West

    Harry Norman REALTORS

    Section Image
  • Michael McGaughey

    Buyer's Agent in 2013

    Michael McGaughey

    Ansley RE | Christie's Int'l RE

    (404) 606-3988

    1 in this area

    1 Total Sale

    Michael McGaughey
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07103789

Georgia MLS

APN: LR05-118

Georgia Rabun County Lakemont 30552

570 Lake Rabun Rd, Lakemont, GA

This home is located at 570 Lake Rabun Rd, Lakemont, GA 30552 since 29 May 2013 and is currently estimated at $407,216, approximately $400 per square foot. This property was built in 1967. 570 Lake Rabun Rd is a home located in Rabun County with nearby schools including Rabun County Primary School and Rabun County High School.

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