NOT LISTED FOR SALE

87 Alto Ln Rabun Gap, GA 30568

Estimated Value: $429,803 - $685,000

3 Beds
2.5 Baths
1,519 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $394,000 $259 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,073/month

19 Days on Market

Highlights

  • Mountain View
  • Community Lake
  • Private Lot
  • Rabun County High School Rated 9+
  • Deck
  • Living Room with Fireplace

About This Home

As of September 2023

Classic 1960s cabin with gorgeous mountain views located near the entrance to Black Rock State Park! Wood finishes throughout this sneaky big mini-lodge featuring an open kitchen and great room, large covered decks, really nice yard, campfire, and circular drive with all kinds of parking. Sylvan Lake Falls amenities include the best gravel road maintenance ever, common area with scenic gazebo, and a large community lake for fishing. Located within an easy drive to Rabun Gap, Dillard, and Clayton.

Last Listed By

Jon Barnwell

RE/MAX Town & Country License #284988 Listed on: 08/19/2023

RE/MAX Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1966

Lot Details

  • 1.06 Acre Lot
  • Private Lot
  • Wooded Lot

HOA Fees

  • $65 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Cabin
  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,519 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Great Room
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Parking Space
  • Carport
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • 220 Volts
  • Private Water Source
  • Septic Tank
  • High Speed Internet
  • Phone Available

Community Details

Overview

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

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,305

Year Built

Built in 1966

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: 1.06
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Total Finished Area2: 1519
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: Crawl Space, Exterior Entry
  • Total Finished Sq Ft: 1519
  • Above Grade Finished Sq Ft: 1519
  • Interior Amenities: Vaulted Ceiling(s), Beamed Ceilings, Tile Bath, Master On Main Level
  • Feature Name: Sylvan Lake
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Living Room, Masonry
  • Flooring: Hardwood
  • Kitchen Features: Kitchen Island, Solid Surface Counters
  • Price Per Square Foot: 259.381

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • Lot Features: Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Metal
  • View: Mountain(s), Valley

Garage/Parking

  • Parking Features: Attached, Carport, Off Street
  • ParkingTotal: 1

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet, Phone Available, Water Available
  • Water Source: Private

Condo/Co-op/Association

  • Annual Association Fee: 775
  • Association: Yes
  • Community Features: Lake, Park

Fee Information

  • Association Fee Includes: 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

  • Deed Book: Z48
  • Deed Page: 398
  • Plat Book: 63
  • Plat Page: 37

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2304.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Sep 27, 2023
Sold by
Richards Morgan
Bought by
Hudgins Randall Jill and Hudgins Steven Randall
Seller's Agent
Jon Barnwell
RE/MAX Town & Country
Buyer's Agent
Sharon Stover-Ramey
Southern Properties Real Est
List Price
$399,000
Sold Price
$394,000
Premium/Discount to List
-$5,000
-1.25%
Total Days on Market
19
Views
78
Current Estimated Value
$507,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,451
Avg. Annual Appreciation
17.13%
Original Mortgage
$315,200
Outstanding Balance
$310,476
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$196,975

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 1, 2021
Sold by
Herrin Family Limited Partnership Iii
Bought by
Richards Morgan and Richards Melanie
Seller's Agent
Scott Poss
Poss Realty
Buyer's Agent
Matthew McKibbin
RE/MAX Town & Country
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$260,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2003
Bought by
Herrin Family Limited Partner

Purchase Details

Closed on
Jul 1, 1974

Purchase Details

Closed on
Apr 1, 1964

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
Hudgins Randall Jill $394,000 --
Richards Morgan $325,000 --
Richards Morgan $325,000 --
Herrin Family Limited Partner $72,800 --
Herrin Family Limited Partner $72,800 --
-- $1,000 --
-- $1,000 --
-- $4,400 --
-- $4,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudgins Randall Jill $315,200
Previous Owner Richards Morgan $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $394,000 -1.3% $259 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $399,000 +22.8% $263 / Sq Ft
09/01/2021 09/01/21 Sold $325,000 0.0% $215 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $325,000 -- $215 / 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 $2,324 $144,797 $28,800 $115,997
2023 $2,456 $134,200 $27,000 $107,200
2022 $2,305 $125,912 $22,500 $103,412
2021 $825 $44,002 $15,000 $29,002
2020 $780 $40,226 $15,000 $25,226
2019 $786 $40,226 $15,000 $25,226
2018 $789 $40,226 $15,000 $25,226
2017 $756 $40,226 $15,000 $25,226
2016 $758 $40,226 $15,000 $25,226
2015 $789 $40,949 $15,000 $25,949
2014 $793 $40,949 $15,000 $25,949
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 10193919

Georgia MLS

APN: 041A-114