NOT LISTED FOR SALE

5896 Lake Rabun Rd Lakemont, GA 30552

Estimated Value: $1,006,000 - $1,761,000

3 Beds
2.5 Baths
1,872 Sq Ft
$673/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $815,000 $435 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,146/month

58 Days on Market

Highlights

  • Boathouse
  • Marina
  • Covered dock with two slips
  • Rabun County High School Rated 9+
  • Lake Front
  • Guest House

About This Home

As of December 2019

$100,000 PRICE REDUCTION! Tranquility abides in this charming rustic cabin. Relax on the screen porch to the sound of the cascading creek after a day on the lake. Master on main with porch & spacious bath. Great room, stone fireplace, open to kitchen/dining. Lower level, den/2 bedrooms/bath/screened porch. Lake views. Fabulous 2 stall pavilion boat house recently renovated. Separate guest cottage, Gator garage. Mint condition and move-in ready! Fee simple, 1.27 ac lot, gated shared driveway with neighbor. This location offers exceptional privacy in one of the most peaceful locations on the lake. Paved driveway with surface parking for 4 cars. Additional parking at base of driveway for 2 more cars. GA Power license for Boathouse has an annual fee of $371.39. Septic system is permitted for 3 bedrooms.

Last Agent to Sell the Property

Yetty Arp

Atlanta Fine Homes Sotheby's International License #137229 Listed on: 09/06/2019

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,812

Year Built

  • Built in 2005

Lot Details

  • 1.27 Acre Lot
  • Lake Front
  • Property borders a national or state park
  • Private Lot
  • Wooded Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Cabin
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Beamed Ceilings
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Family Room
  • Screened Porch
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Country Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Car Garage
  • Parking Pad
  • Driveway
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Boat Hoist or Davit
  • Covered dock with two slips
  • Boathouse
  • Creek On Lot
  • Lake On Lot
  • Deck

Schools

  • Rabun County Elementary And Middle School
  • Rabun County High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Propane
  • Power Generator
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Bedroom
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number LN04 114A

Community Details

Overview

  • Lake Rabun Subdivision
  • Community Lake

Recreation

  • Powered Boats Allowed
  • Marina
  • Fishing
  • Trails

Additional Features

  • Restaurant
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,812

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Property Condition: Resale
  • Year Built: 2005
  • Accessibility Features: Accessible Bedroom
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Other Equipment: Generator
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, Bookcases, Double Vanity, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Country Kitchen, Eat-in Kitchen, Solid Surface Counters, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 2 Story, Other
  • Dining Room Features: Great Room
  • Square Footage: 1872.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Other Structures: Boat House, Garage(s), Guest House
  • Construction Materials: Frame
  • Roof Type: Metal
  • Lake Name: Rabun
  • Patio And Porch Features: Covered, Deck, Front Porch, Screened
  • View: Lake, Mountain(s)

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking Features: Driveway, On Street, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Heating: Heat Pump, Propane, Zoned
  • Laundry Features: Lower Level
  • Utilities: Cable Available, Electricity Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Fishing, Gated, Lake, Marina, Near Trails/Greenway, Powered Boats Allowed, Restaurant
  • Subdivision Complex: Lake Rabun

Schools

  • Elementary School: Rabun County
  • Middle School: Rabun County
  • High School: Rabun County

Lot Info

  • Acres: 1.2700
  • Lot Features: Borders US/State Park, Creek On Lot, Lake On Lot, Private, Wooded
  • Parcel Number: LN04 114A
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat, Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 5812.00
  • Assessor Parcel Number: LN04-114A
  • Additional Assessor Parcel Numbers: LN04-114L
  • Close Date: 2019-12-18
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • Elementary School: Rabun County
  • High School: Rabun County
  • Middle School: Rabun County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Dec 18, 2019
Sold by
Becket Thomas L
Bought by
Jwpiv Bat Llc
Seller's Agent
Yetty Arp
Atlanta Fine Homes Sotheby's International
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$998,000
Sold Price
$815,000
Premium/Discount to List
-$183,000
-18.34%
Total Days on Market
58
Current Estimated Value
$1,259,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,373
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Feb 15, 2017
Sold by
Laura R
Bought by
Becket Thomas Christi

Purchase Details

Closed on
Mar 1, 2006
Sold by
Not Provided
Bought by
Morgan Laura R

Purchase Details

Closed on
Apr 26, 2005
Sold by
Erbesfield Mark
Bought by
Morgan James L and Morgan Laura R
Source: Public Records

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Range of Values:

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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
Jwpiv Bat Llc $815,000 --
Jwpiv Bat Llc $815,000 --
Becket Thomas Christi $750,000 --
Becket Thomas Christi $750,000 --
Morgan Laura R -- --
Morgan Laura R -- --
Morgan James L $915,000 --
Morgan James L $915,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $815,000 -9.2% $435 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $898,000 -10.0% $480 / Sq Ft
09/06/2019 09/06/19 For Sale $998,000 -- $533 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $5,538 $345,042 $210,000 $135,042
2023 $5,716 $312,292 $196,000 $116,292
2022 $5,655 $308,970 $196,000 $112,970
2021 $5,614 $299,426 $196,000 $103,426
2020 $5,751 $296,512 $196,000 $100,512
2019 $5,792 $296,512 $196,000 $100,512
2018 $5,813 $296,512 $196,000 $100,512
2017 $5,487 $291,858 $196,000 $95,858
2016 $5,502 $291,858 $196,000 $95,858
2015 $5,646 $293,153 $196,000 $97,153
2014 $5,677 $293,230 $196,000 $97,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6613551

First Multiple Listing Service (FMLS)

APN: LN04-114A