NOT LISTED FOR SALE

702 Mountain Falls Loop Ellijay, GA 30536

Ellijay Area

Estimated Value: $993,898

3 Beds
4 Baths
4,096 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2020

Last sale price $575,000 $140 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,651 / mo

68 Days on Market

Highlights

  • Gated Community
  • 3.97 Acre Lot
  • Deck
  • View of Trees or Woods
  • Chalet
  • Cathedral Ceiling

About This Home

As of November 2020

Beautiful modern-rustic cabin bordering WATERFALL. Possible FIVE BEDROOMS & large loft. This spacious, open-plan cabin has tons of upgrades and stylish touches throughout. Soaring ceilings, stone fireplace, wood floors, stainless steel appliances and more. Primary and laundry on main level. Huge rec room, bonus room, and storage. Terrace level deck to firepit and path cleared to noisy creek & waterfall. Beautiful stonework and landscape, cement drive, and new carport w/cement floor. Gated community has fishing lake, hiking trails, and more. Approx 20 min to Jasper; approx 25 min to Ellijay. See exterior & waterfall drone footage. Waterfall and creek on backside of this property is HOA owned but can be used by the owners of this home. Don't use GPS.

Last Agent to Sell the Property

Leah Cleminshaw

Georgia Views Realty Brokerage Phone: 7062996232 Listed on: 08/07/2020

Last Buyer's Agent

Michael Miller

Coldwell Banker High Country Realty - Blue Ridge License #329745

Coldwell Banker High Country Realty - Blue Ridge
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 3.97 Acre Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway
  • Open Parking

Property Views

  • Woods
  • Creek or Stream
  • Mountain
  • Seasonal

Home Design

  • Chalet
  • Cabin
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,096 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3116E 022

Community Details

Overview

  • Property has a Home Owners Association
  • Falling Waters Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

3.97 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2017
  • Property Sub Type: Residential
  • Road Frontage Type: Road
  • Lot Size Acres: 3.97
  • Road Surface Type: Paved
  • Subdivision Name: Falling Waters
  • Architectural Style: Chalet, Cabin, Country/Rustic
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Oven, Microwave, Dishwasher
  • Has Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet, Tile
  • Interior Amenities: Cathedral Ceiling(s), Sheetrock, Wood
  • Living Area: 4096
  • Window Features: Insulated Windows
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Seasonal, Creek/Stream, Trees/Woods
  • Topography: Wooded,Level,Rolling,Steep
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Cedar, Wood Siding, Stone
  • Exterior Features: Private Yard, Fire Pit
  • Patio And Porch Features: Front Porch, Deck, Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Carport, Detached, Driveway, Concrete
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake Access
  • Senior Community: No
  • Association Fee: 990
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 172933.2
  • Parcel #: 3116E 022
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 12, 2020
Sold by
Reid Larry A
Bought by
Seller's Agent
Leah Cleminshaw
Georgia Views Realty
Buyer's Agent
Michael Miller
Coldwell Banker High Country Realty - Blue Ridge
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$993,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,898
Avg. Annual Appreciation
9.81%
Original Mortgage
$460,000
Outstanding Balance
$396,080
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$597,818

Purchase Details

Closed on
May 31, 2016
Sold by
Highland Falls Llc
Bought by
Reid Larry A and Reid Janis M

Purchase Details

Closed on
Oct 1, 2015
Sold by
Walmark Llc
Bought by
Highland Falls Llc

Purchase Details

Closed on
Sep 21, 2015
Sold by
Community & Southern Bank
Bought by
Walmark Llc

Purchase Details

Closed on
Dec 31, 2007
Sold by
Legacy Mountain Properties Llc
Bought by
Clear Creek Properties Llc

Purchase Details

Closed on
Apr 2, 2007
Sold by
The Highlands At Cle
Bought by
Legacy Mountain Properties Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$575,000 --
Reid Larry A $44,900 --
Highland Falls Llc $900,000 --
Walmark Llc $288,310 --
Clear Creek Properties Llc -- --
Legacy Mountain Properties Llc $3,087,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $460,000
Previous Owner Reid Larry A $144,000
Previous Owner Reid Larry A $360,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $575,000 0.0% $140 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $575,000 -- $140 / Sq Ft
Source: Northeast Georgia Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,693 $398,240 $67,800 $330,440
2024 $1,625 $391,120 $64,080 $327,040
2023 $1,667 $387,760 $60,720 $327,040
2022 $5,094 $314,320 $44,400 $269,920
2021 $5,004 $252,160 $44,400 $207,760
2020 $4,846 $222,200 $27,760 $194,440
2019 $4,990 $222,200 $27,760 $194,440
2018 $3,327 $145,040 $27,760 $117,280
2017 $442 $18,480 $18,480 $0
2016 $215 $21,560 $21,560 $0
2015 $251 $12,000 $12,000 $0
2014 -- $12,000 $12,000 $0
2013 -- $7,200 $7,200 $0
Source: Public Records

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 299478

Northeast Georgia Board of REALTORS®

APN: 3116E-022

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