NOT LISTED FOR SALE

8 Mason Ln Clayton, GA 30525

Estimated Value: $1,273,000 - $2,431,000

4 Beds
3 Baths
2,656 Sq Ft
$710/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $1,040,000 $392 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,723/month

403 Days on Market

Highlights

  • 221 Feet of Waterfront
  • Community Lake
  • Den
  • Boathouse includes two slips
  • Great Room
  • Double Pane Windows

About This Home

As of July 2014

Lake Burton - Nestled among mature shrubs, azaleas, rhododendron & large trees is this 4 bedroom, 3 bath lake house featuring large spaces for gathering & entertaining. The large great room has a fireplace, 2 sitting areas, dining area, and two sections of rolling glass doors opening to the wrap around deck. The U- Shaped Kitchen with vaulted ceiling, dormer & island is connected to center of great room and is the hub of all gathering & living. Master bedroom & bath on main level with sliding door to covered deck area. Guest room with bath on main level also. Downstairs is a TV/DEN area with wet bar, 2 bedrooms & bath. A large deck for this level connects by a short set of steps to the 2 story, 2 stall boathouse. Deep water & over 200 feet of lake front.

Last Agent to Sell the Property

Scott Poss

Poss Realty License #10133 Listed on: 05/20/2013

Last Buyer's Agent

John Dinos.

Lake Homes Realty LLC License #342891

Lake Homes Realty LLC

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,310

Year Built

  • 1987

Lot Details

  • 0.97

Interior Spaces

  • Double Pane Windows
  • Great Room
  • Den

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction
  • Finished Basement Bathroom
  • Crawl Space
  • Natural lighting in basement

Schools

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

Utilities

  • Well
  • Septic Tank

Additional Features

  • Boathouse includes two slips
  • 221 Feet of Waterfront

Community Details

  • Community Lake

Property Details

Home Type

Other

Est. Annual Taxes

$2,310

Year Built

1987

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1987

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Basement: Bath Finished, Block, Crawlspace, Daylight, Inside Entrance, Outside Entrance, Partial
  • Equipment: Dryer, Washer
  • Kitchen Equipment: Dishwasher, Range/Oven, Refrigerator
  • Feature Name: Lake Burton
  • Interior Amenities: Vaulted Ceilings, Ceilings 9 Ft Plus, Tile Bath, Tile Floors
  • Laundry Type: Closet
  • Below Grade Finished Sq Ft: 936
  • Total Finished Sq Ft: 2656
  • Kitchen / Breakfast: Island, Solid Surface Counters

Exterior Features

  • Boathouse/Dock: Boathouse - 2 Slip
  • Construction: Wood Siding
  • Exterior Features: Deck/Patio
  • Roof Type: Composition
  • Waterfront Type: Utility Company Controlled, Water View, Waterfront
  • Waterfront Frontage: 221

Garage/Parking

  • Parking: 3 Car Or More

Utilities

  • Cooling Fuel: Electric
  • Cooling: Heat Pump
  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Energy Features: Double Pane/Thermo
  • Water/Sewer: Septic Tank, Well

Association/Amenities

  • Amenities: Lake

Schools

  • Elementary School: Rabun County / Rabun / Rabun County, GA
  • High School: Rabun County / Rabun / Rabun County, GA
  • Middle School: Rabun County / Rabun / Rabun County, GA

Lot Info

  • Lot Description: Mountain View, Sloping, Wooded
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2013
Closed on
Jul 29, 2014
Sold by
Jackson Lynne Ford
Bought by
Brooks Walter C and Brooks Tamara E
Seller's Agent
Scott Poss
Poss Realty
Buyer's Agent
John Dinos.
Lake Homes Realty LLC
List Price
$1,150,000
Sold Price
$1,040,000
Premium/Discount to List
-$110,000
-9.57%
Current Estimated Value
$1,884,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$844,753
Avg. Annual Appreciation
4.55%
Original Mortgage
$832,000
Outstanding Balance
$644,716
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,043,886

Purchase Details

Closed on
Oct 1, 1993

Purchase Details

Closed on
Sep 1, 1985
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
Brooks Walter C $1,040,000 --
Brooks Walter C $1,040,000 --
-- -- --
Jackson Lynne Ford -- --
Jackson Lynne Ford -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Walter C $832,000
Closed Brooks Walter C $832,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $1,040,000 -9.6% $392 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
05/19/2014 05/19/14 Price Changed $1,150,000 0.0% $433 / Sq Ft
05/19/2014 05/19/14 For Sale $1,150,000 +10.6% $433 / Sq Ft
05/18/2014 05/18/14 Off Market $1,040,000 -- --
08/09/2013 08/09/13 Price Changed $1,195,000 -4.4% $450 / Sq Ft
07/08/2013 07/08/13 Price Changed $1,250,000 -10.4% $471 / Sq Ft
05/20/2013 05/20/13 For Sale $1,395,000 -- $525 / 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 $2,310 $143,904 $0 $143,904
2023 $2,225 $121,568 $0 $121,568
2022 $2,102 $114,868 $0 $114,868
2021 $1,928 $102,804 $0 $102,804
2020 $1,778 $91,685 $0 $91,685
2019 $1,791 $91,685 $0 $91,685
2018 $1,797 $91,685 $0 $91,685
2017 $1,724 $91,685 $0 $91,685
2016 $1,728 $91,685 $0 $91,685
2015 $1,567 $81,391 $0 $81,391
2014 $1,576 $81,391 $0 $81,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07099197

Georgia MLS

APN: LB11-090-L