NOT LISTED FOR SALE

5731 Lake Rabun Rd Lakemont, GA 30552

Estimated Value: $726,000 - $2,112,000

3 Beds
2 Baths
1,064 Sq Ft
$1,367/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $262,500 $247 Per Sq Ft

Est. 454% increase in value since last sale

Current estimated payment $8,691/month

26 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Covered dock with one slips
  • Community Lake
  • Rabun County High School Rated 9+
  • Lake On Lot
  • Family Room

About This Home

As of June 2013

Incredible opportunity for a lake house on Lake Rabun. Great view. Single slipdock.

Last Agent to Sell the Property

Linda Caudell

CD II Properties, LLC License #163262 Listed on: 05/17/2013

Co-Listed By

Ron Lewallen

The Norton Agency License #181771

Last Buyer's Agent

Karen Tucker

BHGRE Metro Brokers License #156133

BHGRE Metro Brokers

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,592

Year Built

  • 1984

Lot Details

  • 150 Feet of Waterfront

Interior Spaces

  • Family Room

Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Covered dock with one slips
  • Lake On Lot

Utilities

  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Community Lake

Property Details

Home Type

Other

Est. Annual Taxes

$6,592

Year Built

1984

Lot Details

0

Listing Details

  • Property Setting: Lake
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Lower Level Bedroom: 1
  • Main Floor Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement: Bath Finished, Inside Entrance, Outside Entrance
  • Kitchen Equipment: Range/Oven
  • Feature Name: Lake Rabun
  • Interior Amenities: Wall-to-wall Carpet
  • Laundry Location: Hall
  • Laundry Type: Closet
  • Below Grade Finished Sq Ft: 756
  • Above Grade Finished Sq Ft: 1064

Exterior Features

  • Boathouse/Dock: Covered Dock - 1 Slip
  • Construction: Aluminum/Vinyl
  • Waterfront Type: Lake Access, Stream/Creek/River, Water View, Waterfront
  • Waterfront Frontage: 150

Garage/Parking

  • Parking: 2 Car

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan
  • Heating Fuel: Electric
  • Heating: Central
  • Energy Features: Electric Water Heater
  • Water/Sewer: Septic Tank, Well

Association/Amenities

  • Amenities: Lake

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: Sloping
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Wheeler Troy E
Bought by
Tch Property Holdings Llc
Total Days on Market
26
Current Estimated Value
$1,454,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$678,405
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$795,419

Purchase Details

Closed on
Feb 12, 2021
Sold by
Valente Louis A
Bought by
Wheeler Troy E and Wheeler Cheryl B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$678,405
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$795,419

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 1, 2013
Sold by
First American Bank & Trust
Bought by
Valente Louis A and Valente Bonny
Seller's Agent
Linda Caudell
CD II Properties, LLC
Buyer's Agent
Karen Tucker
BHGRE Metro Brokers
List Price
$399,900
Sold Price
$262,500
Premium/Discount to List
-$137,400
-34.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%
Original Mortgage
$210,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2012
Sold by
Scbt
Bought by
Cd Ii Properties Llc

Purchase Details

Closed on
Dec 19, 2008
Sold by
Not Provided
Bought by
Cbt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Not Provided
Bought by
Cbt

Purchase Details

Closed on
Jan 30, 2008
Sold by
Not Provided
Bought by
Cbt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,272
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1970
Source: Public Records

Range of Values:

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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
Tch Property Holdings Llc -- --
Tch Property Holdings Llc -- --
Wheeler Troy E $1,300,000 --
Wheeler Troy E $1,300,000 --
Valente Louis A $262,500 --
Valente Louis A $262,500 --
Cd Ii Properties Llc $180,000 --
Cd Ii Properties Llc $180,000 --
Cbt $710,000 --
Cbt $710,000 --
Cbt $429,300 --
Cbt $429,300 --
Cbt $425,000 --
Cbt $425,000 --
-- $500 --
-- $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tch Property Holdings Llc $163,700
Open Wheeler Troy E $750,000
Previous Owner Valente Louis A $210,000
Previous Owner Cbt $495,000
Previous Owner Cbt $429,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $262,500 -12.5% $247 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
05/21/2013 05/21/13 Price Changed $299,900 -25.0% $282 / Sq Ft
05/17/2013 05/17/13 For Sale $399,900 -- $376 / 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 $6,592 $410,728 $135,000 $275,728
2023 $6,614 $361,375 $120,000 $241,375
2022 $6,407 $350,032 $120,000 $230,032
2021 $4,748 $253,222 $56,000 $197,222
2020 $4,516 $232,845 $56,000 $176,845
2019 $4,548 $232,845 $56,000 $176,845
2018 $4,565 $232,845 $56,000 $176,845
2017 $4,477 $238,114 $56,000 $182,114
2016 $1,878 $99,632 $56,000 $43,632
2015 $1,963 $101,944 $56,000 $45,944
2014 $1,974 $101,944 $56,000 $45,944
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Linda Caudell

    CD II Properties, LLC

  • Ron Lewallen

    Seller Co-Listing Agent in 2013

    Ron Lewallen

    The Norton Agency

    Section Image
  • Karen Tucker

    Buyer's Agent in 2013

    Karen Tucker

    Better Homes and Gardens Real Estate

    (706) 490-2009

    4 in this area

    58 Total Sales

    Karen Tucker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07098705

Georgia MLS

APN: LN04-119

Georgia Rabun County Lakemont 30552

5731 Lake Rabun Rd, Lakemont, GA

This home is located at 5731 Lake Rabun Rd, Lakemont, GA 30552 since 17 May 2013 and is currently estimated at $1,454,606, approximately $1,367 per square foot. This property was built in 1984. 5731 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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