NOT LISTED FOR SALE

70 Cottage Path Way Clayton, GA 30525

Estimated Value: $1,257,804 - $1,618,000

5 Beds
5.5 Baths
5,172 Sq Ft
$284/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $975,000 $189 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $9,056/month

14 Days on Market

Highlights

  • On Golf Course
  • Home Theater
  • Mountain View
  • Rabun County High School Rated 9+
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of June 2022

One of the only homes in Waterfall that offers a lovely view of the waterfall! Originally constructed as the personal home of a builder, this house has a lot of bells and whistles! With five ensuite bedrooms, a large rec room over the two-car garage, a fabulously appointed home theater, both an open porch and an enclosed sunroom plus a large open deck, this home offers endless opportunities for lots of fun! Sited on one of the most level lots in the development, the lot is at least twice as large as any other lot in the 'Cottage' area. Located at the end of the street so there is no through traffic and there is a small park just across the street that is perfect for pets and kids to play in! The views of both the fifth and sixth greens are lovely. Just off the deck is a large patio area with a firepit for the chilly mountain nights. The primary bedroom with a fireplace and large bath are on the main floor as are the laundry, kitchen, family room, office with fireplace, dining area with fireplace and living room with fireplace. Upstairs are two ensuite bedrooms and the spacious playroom over the garage. On the terrace level, store beverages in the wine closet, snuggle in for a movie in the home theater or sit on the open porch in the swing. Two additional bedrooms can be found on the terrace level as well. Waterfall Club members also have access to Lake Burton and the numerous amenities offered by the Club. Waterfall at Lake Burton is a 400 acre property that offers homes of various sizes, luxury condos and is home to the Waterfall Club. Currently there are only two homes available for sale in the community. Call Lynda Hester now for an appointment to tour this property.

Last Agent to Sell the Property

Lynda Hester

Rabun Realty License #85751 Listed on: 04/25/2022

Last Buyer's Agent

Kathryn Seals

RE/MAX Hiawassee Realty License #404165

RE/MAX Hiawassee Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,744

Year Built

  • Built in 2005

Lot Details

  • 0.55 Acre Lot
  • On Golf Course
  • Sloped Lot

HOA Fees

  • $352 Monthly HOA Fees

Home Design

  • Block Foundation
  • Composition Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Home Theater
  • Library
  • Game Room
  • Mountain Views
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub Includes Tile Surround
  • Separate Shower

Parking

  • Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 4 / H

Community Details

Overview

  • Association fees include ground maintenance, private roads, reserve fund
  • Waterfall At Lake Burton Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,744

Year Built

Built in 2005

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Type: Residential
  • District: 1
  • Year Built: 2005
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: 0.55
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 5172
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Basement: None
  • Below Grade Finished Sq Ft: 1503
  • Total Finished Sq Ft: 3669
  • Unfinished Below Grade Sq Ft: 150
  • Above Grade Finished Sq Ft: 3669
  • Interior Amenities: Double Vanity, Separate Shower, Tile Bath, Walk-In Closet(s)
  • Feature Name: Lake Burton
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Master Bedroom, Other, Outside
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Bar, Pantry, Solid Surface Counters
  • Price Per Square Foot: 212.49

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other, Stone
  • Foundation Details: Block
  • Lot Features: Sloped
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale
  • Roof: Composition
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Side/Rear Entrance, Off Street

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Security Features: Gated Community
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 4220
  • Association: Yes
  • Community Features: Gated, Street Lights

Fee Information

  • Association Fee Includes: Maintenance Grounds, Private Roads, Reserve Fund

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • High School Bus: No
  • Middle School: Rabun County
  • Middle School Bus: No
  • Elementary School: Rabun County Primary/Elementar
  • Middle School: Rabun County
  • High School: Rabun County

Lot Info

  • Land Lot: 6
  • Lot: 4
  • Deed Book: Y27
  • Deed Page: 450
  • Plat Book: 50
  • Plat Page: 2

Multi Family

  • Total Fireplaces: 4

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4744.22

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Ssi Properties Inc
Bought by
Rowland Acres Llc
Total Days on Market
14
Current Estimated Value
$1,468,451

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 30, 2022
Sold by
Haynes Charles R
Bought by
Ssi Properties Inc
Seller's Agent
Lynda Hester
Rabun Realty
Buyer's Agent
Kathryn Seals
RE/MAX Hiawassee Realty
List Price
$1,099,000
Sold Price
$975,000
Premium/Discount to List
-$124,000
-11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$980,784
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2004

Purchase Details

Closed on
May 1, 2004

Purchase Details

Closed on
Jun 1, 2003
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
Rowland Acres Llc -- --
Ssi Properties Inc $975,000 --
Ssi Properties Inc $975,000 --
-- $749,400 --
-- $749,400 --
-- $617,500 --
-- $617,500 --
-- $180,000 --
-- $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ssi Properties Inc $980,784
Previous Owner Haynes Charles R $696,500
Previous Owner Haynes Charles R $99,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $975,000 -11.3% $189 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $1,099,000 -- $212 / 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 $5,999 $373,739 $45,000 $328,739
2023 $5,234 $285,940 $45,000 $240,940
2022 $5,082 $277,640 $45,000 $232,640
2021 $4,744 $253,025 $45,000 $208,025
2020 $4,387 $226,202 $45,000 $181,202
2019 $4,418 $226,202 $45,000 $181,202
2018 $4,434 $226,202 $45,000 $181,202
2017 $4,253 $226,202 $45,000 $181,202
2016 $4,264 $226,202 $45,000 $181,202
2015 $4,294 $222,953 $45,000 $177,953
2014 $4,316 $222,953 $45,000 $177,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10041614

Georgia MLS

APN: 014C-112