NOT LISTED FOR SALE

8 Sims Way Rabun Gap, GA 30568

Estimated Value: $473,716 - $578,000

4 Beds
2.5 Baths
2,401 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $415,000 $173 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,247/month

18 Days on Market

Highlights

  • Community Lake
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • Rabun County High School Rated 9+
  • Deck
  • Wood Flooring

About This Home

As of June 2022

Welcome to your very own mountain retreat nestled amidst the desirable Sylvan Lake Falls community! This spacious 4 bedroom, +office and 2.5 baths provides you with everything you need to enjoy living in the mountains. Upon entering the main floor's open space concept, you will be drawn to the gas-heat stove adjacent to a comfy reading nook. The open space includes the living, dining and kitchen areas and connects to a large deck to provide an expansive living space that's ideal for entertaining. When you step into the owner's suite, you'll appreciate the newly-installed porcelain floors and the coziness contributed by the ensuite fireplace. You'll find a spacious walk-in closet and tiled bathroom, with bidet, that make this main floor bedroom suite the ideal space to relax and enjoy your privacy. Downstairs you have room for an in-law suite or space for guests to enjoy their own privacy with access to nature offered in the native landscaping this lot has. A bonus room currently utilized as a spacious office could also function as a gym, media room, art or yoga studio. The fenced in yard provides an ideal space for your pets to roam safely. You must see this charming property yourself to fully appreciate it. Walk to the community park and lake, or drive 9 min to Black Rock Mountain State Park, 16 min to Clayton, 30 min to Highlands NC, 23 min to Lake Burton, 30 min to Lake Rabun.

Last Listed By

Rosa Icela Carter

Harry Norman REALTORS License #384419 Listed on: 05/04/2022

Harry Norman REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 2003

Lot Details

  • 0.79 Acre Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Corner Lot
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Oven or Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94

Community Details

Overview

  • Association fees include management fee, private roads, water
  • Sylvan Lake Falls Subdivision
  • Community Lake

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 2003

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .79
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2401
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Oven/Range (Combo), Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Daylight, Interior Entry, Exterior Entry, Partial
  • Below Grade Finished Sq Ft: 1024
  • Total Finished Sq Ft: 1377
  • Above Grade Finished Sq Ft: 1377
  • Interior Amenities: Tile Bath, Walk-In Closet(s), Master On Main Level
  • Feature Name: Sylvan Lake
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Living Room, Master Bedroom, Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Solid Surface Counters
  • Price Per Square Foot: 178.675

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Bedroom Lower Level: 3
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • ExteriorFeatures: Balcony
  • Fencing: Back Yard, Chain Link
  • Lot Features: Corner Lot
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Electric, Central
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Annual Association Fee: 600
  • Association: Yes
  • Community Features: Lake, Park

Fee Information

  • Association Fee Includes: Management Fee, Private Roads, Water

Schools

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

Lot Info

  • Land Lot: 94
  • Deed Book: O48
  • Deed Page: 509
  • Plat Book: 2020
  • Plat Page: 125

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1999.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 14, 2022
Sold by
Sciretta Nila M
Bought by
Banning Kevin Charles and Banning Allison Beth
Seller's Agent
Rosa Icela Carter
Harry Norman REALTORS
Buyer's Agent
Taylor Hall
The Norton Agency
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%
Total Days on Market
18
Current Estimated Value
$529,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,429
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Apr 30, 2021
Sold by
Bunn Heather Shae
Bought by
Sciretta Nila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2020
Sold by
Williams Alison J
Bought by
Bunn Heather Shae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,272
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2007
Sold by
Not Provided
Bought by
Williams Alison J

Purchase Details

Closed on
Mar 1, 2002

Purchase Details

Closed on
Jul 1, 1999

Purchase Details

Closed on
Nov 1, 1997

Purchase Details

Closed on
Nov 1, 1992

Range of Values:

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Average Value
Not Available
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
Banning Kevin Charles $415,000 --
Banning Kevin Charles $415,000 --
Sciretta Nila M $325,000 --
Sciretta Nila M $325,000 --
Bunn Heather Shae $225,000 --
Bunn Heather Shae $225,000 --
Williams Alison J $235,000 --
Williams Alison J $235,000 --
-- $35,000 --
-- $35,000 --
-- $11,000 --
-- $11,000 --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sciretta Nila M $260,000
Previous Owner Bunn Heather Shae $227,272
Previous Owner Williams Alison J $14,000
Previous Owner Bogle James $50,000
Previous Owner Bogle James $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $415,000 -3.3% $173 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $429,000 -- $179 / 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 $2,977 $187,475 $15,000 $172,475
2023 $2,908 $160,856 $15,000 $145,856
2022 $2,293 $127,257 $12,500 $114,757
2021 $2,000 $106,654 $12,500 $94,154
2020 $1,638 $84,463 $12,500 $71,963
2019 $1,348 $69,002 $13,000 $56,002
2018 $1,353 $69,002 $13,000 $56,002
2017 $1,297 $69,002 $13,000 $56,002
2016 $1,301 $69,002 $13,000 $56,002
2015 $1,307 $67,888 $13,000 $54,888
2014 $1,314 $67,888 $13,000 $54,888
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 20038918

Georgia MLS

APN: 040C-065