NOT LISTED FOR SALE

584 Timpson Cove Rd Clayton, GA 30525

Estimated Value: $919,000 - $1,825,000

2 Beds
2.5 Baths
1,851 Sq Ft
$751/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $1,454,750 $786 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,157/month

6 Days on Market

Highlights

  • 132 Feet of Waterfront
  • Marina
  • RV or Boat Parking
  • Rabun County High School Rated 9+
  • 2 Boat Docks
  • Lake View

About This Home

As of June 2023

With the original cabin built in 1950, this Fee Simple property is one of the remaining original cabins on Lake Burton. Two wings and a large screen porch enlarged the cabin to its current size. This charming cabin can be used as is, upgraded, or rebuilt for your dream lake front home. Walk in the front door to a massive stone fireplace in the main room which is finished in yellow pine. Two bedrooms, 2 & A1/2 baths, and a loft make up the main living area. The large screen porch is perfect for morning coffee or lazy afternoon naps. The two-slip boat house with upper deck and swimming platform is steps away from the house across Timpson Cove Road. House is sold as is. Walking distance from Anchorage Marina, the property is minutes from Waterfall Country Club, the small mountain cities of Clayton, Hiawassee and Clarkesville, plus Moccasin State Park and Fish Hatchery. The cabin is located in Rabun County which is famous for hiking trails, waterfalls and excellent dining. Home is being sold as is.

Last Listed By

Page Rhoad

Poss Realty License #409036 Listed on: 04/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,453

Year Built

  • Built in 1952

Lot Details

  • 0.49 Acre Lot
  • 132 Feet of Waterfront
  • Sloped Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Cabin
  • Fixer Upper
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,851 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • 1 Fireplace
  • Family Room
  • Loft

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Pine Flooring
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room

Parking

  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • 2 Boat Docks

Schools

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

Utilities

  • Propane
  • Shared Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Marina
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,453

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .49
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Total Dock Slips: 2
  • Total Finished Area2: 1851
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Oven/Range (Combo), Refrigerator
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1851
  • Above Grade Finished Sq Ft: 1851
  • Interior Amenities: High Ceilings
  • Feature Name: Lake Burton
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Pine, Vinyl
  • Price Per Square Foot: 785.926

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Waterfront Frontage: 132
  • Construction Materials: Wood Siding
  • Lot Features: Sloped
  • Property Condition: Fixer
  • Roof: Composition, Metal
  • View: Mountain(s), Lake

Garage/Parking

  • Parking Features: RV/Boat Parking, Guest, Off Street

Utilities

  • Cooling: Other
  • Heating: Other
  • Laundry Features: In Mud Room
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet, Phone Available, Propane, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Marina, Park

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • High School Bus: Yes
  • Middle School: Rabun County
  • Middle School Bus: Yes
  • 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: 4453.05

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 16, 2023
Sold by
Cooley Foster Linda
Bought by
Murray Mark E and Murray Claire C
Seller's Agent
Page Rhoad
Poss Realty
Buyer's Agent
Evelyn Heald
BHHS Georgia Properties
List Price
$1,495,000
Sold Price
$1,454,750
Premium/Discount to List
-$40,250
-2.69%
Total Days on Market
6
Views
18
Current Estimated Value
$1,390,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,527
Avg. Annual Appreciation
-4.19%

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 15, 2023
Sold by
Cooley Foster Linda
Bought by
Murray Mark E and Murray Claire C
Seller's Agent
Page Rhoad
Poss Realty
Buyer's Agent
Evelyn Heald
BHHS Georgia Properties
List Price
$1,495,000
Sold Price
$1,454,750
Premium/Discount to List
-$40,250
-2.69%
Views
18

Purchase Details

Closed on
Feb 28, 2017
Sold by
Cooley Janey Mae
Bought by
First American Bank & Trust Co

Purchase Details

Closed on
Aug 31, 2011
Bought by
Cooley Janey Mae

Purchase Details

Closed on
May 1, 1994

Purchase Details

Closed on
Mar 1, 1988

Purchase Details

Closed on
Nov 1, 1970

Purchase Details

Closed on
Sep 1, 1952

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
Murray Mark E $1,454,750 --
Murray Mark E -- --
Cooley Foster Linda -- --
Cooley Foster Linda -- --
Cooley Foster Linda -- --
First American Bank & Trust Co -- --
First American Bank & Trust Co -- --
Cooley Janey Mae -- --
Cooley Janey Mae -- --
-- -- --
Cooley Janey Mae -- --
-- -- --
Cooley Janey Mae -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- $150,000 --
-- $150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $1,454,750 -2.7% $786 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $1,495,000 -- $808 / 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 $4,943 $307,980 $270,000 $37,980
2023 $5,012 $273,852 $216,000 $57,852
2022 $4,933 $269,501 $216,000 $53,501
2021 $4,453 $237,497 $189,000 $48,497
2020 $4,502 $232,129 $189,000 $43,129
2019 $4,534 $232,129 $189,000 $43,129
2018 $4,480 $228,529 $185,400 $43,129
2017 $3,983 $211,866 $170,000 $41,866
2016 $3,959 $209,984 $170,000 $39,984
2015 $3,974 $206,361 $170,000 $36,361
2014 $3,995 $206,361 $170,000 $36,361
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 20117850

Georgia MLS

APN: LB16A-013