NOT LISTED FOR SALE

8726 Highway 52 E Ellijay, GA 30536

Estimated Value: $787,000 - $908,000

4 Beds
3.5 Baths
3,701 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $820,000 $222 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,785/month

347 Days on Market

Highlights

  • Additional Residence on Property
  • 3.85 Acre Lot
  • Fireplace in Primary Bedroom
  • RV or Boat Parking
  • Mountain View
  • Deck

About This Home

As of May 2024

Large main home, plus two income generating structures on a beautiful 3.8+ acre estate. The main custom home is 3725 s/f with 4 bedrooms and 3.5 baths. New 30-year roof installed 10/2023. Recent complete exterior painting, as well. Spacious kitchen open to the keeping /dining room with fireplace. Huge master suite with fireplace and two walk in closets. Extensive custom stonework on the exterior. The recently glassed in covered front porch has a million-dollar long range mountain view. The separate guest home is 1384 s/f with 2 bedrooms and 1.5 baths. The main home also has a complete rental suite on the terrace level, with a private entrance, kitchenette, and solid Airbnb rental history. The detached garage/workshop is 3780 s/f, with 4 doors, 25 x 17' paint spray booth, 1/2 bath, and is stubbed for a kitchen. The detached garage/workshop was previously rented as a body shop and has also been used as a cabinet shop. Air compressor, and air lines run throughout. Propane shop heater and tank stay, as well. This garage/workshop is zoned Commercial, and has 660V, 3 phase power. Additional possibilities for the garage/workshop include a worship center. Limited only by your own imagination! Most furnishings and equipment available under a separate bill of sale. This property also has extensive frontage on Lower Cartecay Rd. A perfect spot for multiple rental cottages! The potential monthly rental income could likely pay much of your mortgage! Call today!

Last Agent to Sell the Property

Dan Zachman

Crye-Leike, Realtors License #376700 Listed on: 05/20/2023

Crye-Leike, Realtors

Last Buyer's Agent

Roy Pankey

Bolst, Inc. License #410307

Bolst, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1985

Lot Details

  • 3.85 Acre Lot
  • Privacy Fence
  • Sloped Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Bungalow
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Keeping Room
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Double Vanity

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • 6 Car Garage
  • Parking Storage or Cabinetry
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Additional Homes

  • Additional Residence on Property

Schools

  • Ellijay Primary/Elementary School
  • Clear Creek Middle School
  • Gilmer High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Power Generator
  • Well
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,253

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • ArchitecturalStyle: Bungalow/Cottage, Traditional
  • Main Level Half Bathrooms: 1
  • Electric: Generator, 220 Volts
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 3.85
  • Other Sturctures: Outbuilding, Workshop, Garage(s), Guest House, Other, Second Residence
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Interior Amenities: Double Vanity
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Basement, Master Bedroom, Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone, Wood Siding
  • Fencing: Privacy
  • Lot Features: Private, Sloped
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Detached, Garage, RV/Boat Parking, Storage
  • ParkingTotal: 6

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Central, Forced Air
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ellijay Primary/Elementary
  • High School: Gilmer
  • Middle School: Clear Creek
  • Elementary School: Ellijay Primary/Elementary
  • Middle School: Clear Creek
  • High School: Gilmer

Lot Info

  • Deed Book: 2110
  • Deed Page: 199

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
May 24, 2024
Sold by
Paoli Charles E
Bought by
Franzreb Mathias and Hoffman Teresa
Seller's Agent
Dan Zachman
Crye-Leike, Realtors
Buyer's Agent
Roy Pankey
Bolst, Inc.
List Price
$850,000
Sold Price
$820,000
Premium/Discount to List
-$30,000
-3.53%
Views
202
Current Estimated Value
$846,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,024
Avg. Annual Appreciation
2.80%
Original Mortgage
$738,000
Outstanding Balance
$729,485
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$119,542

Purchase Details

Closed on
Jun 8, 2018
Sold by
Smith Bryan Christopher
Bought by
Paoli Charles E and Solis Flor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2010
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 30, 2007
Sold by
United Community Bank
Bought by
Riblet Jeffrey A and Riblet Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2005
Sold by
Lafayette Ronald
Bought by
United Community Bank

Purchase Details

Closed on
Aug 24, 2001
Sold by
Lafayette Anzie
Bought by
Lafayette Ronald and Lafayette Patricia D

Purchase Details

Closed on
Dec 1, 1996
Bought by
Lafayette Anzie
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
Franzreb Mathias $820,000 --
Paoli Charles E $260,000 --
Federal Home Loan Mortgage Corporation -- --
Federal Home Loan Mortgage Corp $300,000 --
Ocwen Loan Servicing Llc $300,000 --
Riblet Jeffrey A $214,900 --
United Community Bank $320,532 --
Lafayette Ronald -- --
Lafayette Anzie $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzreb Mathias $738,000
Previous Owner Paoli Charles E $208,000
Previous Owner Riblet Jeffrey A $20,000
Previous Owner Riblet Jeffrey A $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $820,000 -3.5% $222 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $850,000 +3.7% $230 / Sq Ft
01/01/2024 01/01/24 Price Changed $820,000 -0.6% $222 / Sq Ft
12/26/2023 12/26/23 Price Changed $825,000 -0.6% $223 / Sq Ft
12/18/2023 12/18/23 Price Changed $830,000 -0.6% $224 / Sq Ft
12/12/2023 12/12/23 Price Changed $835,000 -0.6% $226 / Sq Ft
11/13/2023 11/13/23 Price Changed $840,000 -1.2% $227 / Sq Ft
05/20/2023 05/20/23 For Sale $850,000 -- $230 / 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 $2,098 $332,888 $18,840 $314,048
2023 $2,074 $303,128 $15,800 $287,328
2022 $1,253 $248,248 $15,800 $232,448
2021 $2,897 $178,888 $13,840 $165,048
2020 $2,505 $146,240 $13,520 $132,720
2019 $1,629 $143,280 $10,560 $132,720
2018 $3,583 $156,200 $10,560 $145,640
2017 $3,154 $130,080 $10,560 $119,520
2016 $3,109 $125,720 $10,560 $115,160
2015 $3,069 $127,920 $6,480 $121,440
2014 $3,180 $127,520 $6,480 $121,040
2013 -- $128,360 $7,800 $120,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10162120

Georgia MLS

APN: 3113-033