NOT LISTED FOR SALE

867 Bear Gap Rd Lakemont, GA 30552

Estimated Value: $1,315,000 - $2,386,141

4 Beds
6 Baths
1,789 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold April 03, 2014

Last sale price $1,100,000 $615 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $11,663/month

733 Days on Market

Highlights

  • Boathouse includes two slips
  • Lake On Lot
  • Bonus Room
  • Rabun County High School Rated 9+
  • Community Lake
  • Den

About This Home

As of April 2014

NEWLY UPDATED CRAFTSMAN STYLE HOME ON FEE SIMPLE PROPERTY IN QUIETER AREA OF THE LAKE. SPACIOUS & WELL DESIGNED INTERIORS. MASTER ON MAIN. LEVEL ENTRY.

Last Listed By

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 02/23/2012

Ansley RE | Christie's Int'l RE

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $9,389

Year Built

  • 2006

Lot Details

  • 1.67

Home Design

  • Ceiling Insulation
  • Floor Insulation

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Den
  • Bonus Room

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Boathouse includes two slips
  • Lake On Lot

Utilities

  • Community Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Community Lake

Listing and Financial Details

  • Tax Lot 109

Property Details

Home Type

Other

Est. Annual Taxes

$9,389

Year Built

2006

Lot Details

0

Listing Details

  • District: 13
  • Property Setting: Lake
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Great/Family Room, Masonry
  • Lower Level Bedroom: 3
  • Main Floor Bedrooms: 1
  • Lower Level Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Burglar Alarm, Smoke/Fire Alarm, Dryer, Satellite Dish, Washer
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Icemaker Line, Built-In Microwave, Wall Oven, Range/Oven, Refrigerator
  • Feature Name: Lake Rabun
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Entrance Foyer, Hardwood Floors, Double Vanity, Garden Tub, Walk-in Closet, Separate Shower, Exposed Beams, Tile Bath, Tile Floors
  • Laundry Location: Basement
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 1899
  • Unfinished Below Grade Sq Ft: 165
  • Kitchen / Breakfast: Breakfast Bar, Country Kitchen, Island, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 1789

Exterior Features

  • Roof: Metal/Steel
  • Exterior Features: Balcony, Screen Porch
  • Boathouse/Dock: Boathouse - 2 Slip
  • Construction: Wood Siding
  • Waterfront Type: Waterfront

Garage/Parking

  • Parking: 3 Car Or More, Kitchen Level Entry

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Electric
  • Heating: Central, Heat Pump
  • Energy Features: Ceiling Insulation, Floor Insulation, Electric Water Heater
  • Water/Sewer: Community Well, Septic Tank

Association/Amenities

  • Amenities: Lake

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
867 Bear Gap Rd Llc
Bought by
Parker Bradley and Parker Kristen
Total Days on Market
733
Current Estimated Value
$1,944,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,644,000
Outstanding Balance
$1,624,514
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$319,521

Purchase Details

Closed on
Jul 25, 2018
Sold by
Garrett Jennifer Q
Bought by
867 Bear Gap Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,086
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2017
Sold by
Garrett Jennifer Q
Bought by
Bowman Garrett Jennifer Q and Bowman Garrett

Purchase Details

Listed on
Feb 23, 2012
Closed on
Apr 3, 2014
Sold by
Garrett Jennifer Q
Bought by
Bowman Garrett Jennifer Q and Bowman Garrett
Seller's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
Buyer's Agent
Jon Barnwell
RE/MAX Town & Country
List Price
$1,350,000
Sold Price
$1,100,000
Premium/Discount to List
-$250,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$880,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2010
Sold by
Hix Cheryl D
Bought by
C D H Capital Llc

Purchase Details

Closed on
Jul 26, 2010
Sold by
Hsbc Bank Usa National Ass
Bought by
Hix Cheryl D

Purchase Details

Closed on
Oct 1, 2007
Sold by
Not Provided
Bought by
C D H Capital Llc

Purchase Details

Closed on
Jun 1, 2003

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
Parker Bradley -- --
867 Bear Gap Rd Llc $1,305,000 --
867 Bear Gap Rd Llc $1,305,000 --
Bowman Garrett Jennifer Q -- --
Bowman Garrett Jennifer Q -- --
Bowman Garrett Jennifer Q -- --
Bowman Garrett Jennifer Q -- --
Garrett Jennifer Q $1,100,000 --
Garrett Jennifer Q $1,100,000 --
C D H Capital Llc -- --
C D H Capital Llc -- --
Hix Cheryl D $690,000 --
Hix Cheryl D $690,000 --
C D H Capital Llc -- --
C D H Capital Llc -- --
-- $100,000 --
-- $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Bradley $1,644,000
Previous Owner -- $364,610
Previous Owner -- $364,778
Previous Owner -- $704,715
Previous Owner 867 Bear Gap Rd Llc $775,086
Previous Owner Garrett Jennifer Q $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2014 04/03/14 Sold $1,100,000 -12.0% $615 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
07/18/2013 07/18/13 Price Changed $1,250,000 -7.4% $699 / Sq Ft
02/23/2012 02/23/12 For Sale $1,350,000 -- $755 / 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 $9,389 $584,964 $190,000 $394,964
2023 $9,191 $502,152 $170,000 $332,152
2022 $8,931 $487,975 $170,000 $317,975
2021 $8,389 $447,433 $160,000 $287,433
2020 $8,299 $427,883 $160,000 $267,883
2019 $8,358 $427,883 $160,000 $267,883
2018 $8,140 $415,225 $160,000 $255,225
2017 $7,452 $396,378 $160,000 $236,378
2016 $7,472 $396,378 $160,000 $236,378
2015 $7,464 $387,602 $160,000 $227,602
2014 $6,383 $329,708 $160,000 $169,708
Source: Public Records

Agents Affiliated with this Home

  • Michael McGaughey

    Seller's Agent in 2014

    Michael McGaughey

    Ansley RE | Christie's Int'l RE

    (404) 606-3988

    1 in this area

    1 Total Sale

    Michael McGaughey
    Section Image
  • Jon Barnwell

    Buyer's Agent in 2014

    Jon Barnwell

    RE/MAX

    (706) 490-0326

    8 in this area

    103 Total Sales

    Jon Barnwell
    Section Image

  • J

    Buyer's Agent in 2014

    Jon Barnwell Team

    RE/MAX

    (706) 960-2304

    3 in this area

    22 Total Sales

    Jon Barnwell Team
    Section Image
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Map

Source: Georgia MLS

MLS Number: 03191850

Georgia MLS

APN: LR01-138

Georgia Rabun County Lakemont 30552

867 Bear Gap Rd, Lakemont, GA

Homes for Sale in Lakemont, GA

This home is located at 867 Bear Gap Rd, Lakemont, GA 30552 since 23 February 2012 and is currently estimated at $1,944,035, approximately $1,086 per square foot. This property was built in 2006. 867 Bear Gap Rd is a home located in Rabun County with nearby schools including Rabun County Primary School and Rabun County High School.

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