NOT LISTED FOR SALE

Estimated Value: $1,139,770 - $1,449,000

2 Beds
1 Bath
756 Sq Ft
$1,660/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $532,000 $704 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $6,821/month

Highlights

  • 109 Feet of Waterfront
  • Covered dock with one slips
  • Lake View
  • Chestatee Elementary School Rated A-
  • Deep Water Access
  • Community Lake

About This Home

As of October 2016

KAPOW! DEEP water, GIANT views! This is TRUE Lanier Living! This one has it all. Meditate each morning to awe-inspiring sunrises gifted from the East. Drift off to sleep each night with the tranquil sounds of waves lapping at the rip-rap shoreline. In-between enjoy with all the sun, fun, and water you could ever desire. Charming lake cottage is perfect summer hot spot or quiet autumn escape cuddling by the fireplace, weekend or full-time. THIS IS HOW LIFE IS MEANT TO BE LIVED. Why are you still reading and daydreaming over pictures - the party's on the deck, come on!

Last Agent to Sell the Property

Kim Christopher

Greene Real Estate Co. License #253269 Listed on: 06/30/2016

Last Buyer's Agent

Tom Becker

Becker Realty, Inc. License #265435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,693

Year Built

  • Built in 1962

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 183x109x164x25
  • 109 Feet of Waterfront
  • Lake Front
  • Property borders a national or state park

Parking

  • Driveway

Home Design

  • Cabin
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Wood Flooring
  • Lake Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with one slips
  • Deck

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Ww Woolfolk Subdivision
  • Community Lake

Listing and Financial Details

  • Legal Lot and Block 7 / E
  • Assessor Parcel Number 324 015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,693

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Property Condition: Resale
  • Year Built: 1962
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: Beamed Ceilings, High Ceilings 9 ft Main, High Speed Internet
  • Basement: Exterior Entry, Partial
  • Kitchen Features: Breakfast Bar, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 756.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Waterfront Frontage: 109
  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck
  • View: Lake

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Heating: Electric, Propane
  • Laundry Features: In Basement
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: WW Woolfolk

Schools

  • Elementary School: Chestatee
  • Middle School: Little Mill
  • High School: North Forsyth

Lot Info

  • Acres: 0.2400
  • Lot: 7
  • Land/Lot: 1388
  • Section G M D: 1
  • Lot Features: Borders US/State Park
  • Lot Dimensions: 183x109x164x25
  • Parcel Number: 324 015
  • Property Attached Yn: No

Tax Info

  • Taxes: 3693.00
  • Assessor Parcel Number: 324-000-015
  • Close Date: 2016-10-13
  • Tax Year: 2015

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Oct 13, 2016
Sold by
Gloria J
Bought by
Merfeld Michael and Merfeld Mary Anne
Seller's Agent
Kim Christopher
Greene Real Estate Co.
Buyer's Agent
Tom Becker
Becker Realty, Inc.
List Price
$550,000
Sold Price
$532,000
Premium/Discount to List
-$18,000
-3.27%
Current Estimated Value
$1,254,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,923
Avg. Annual Appreciation
10.06%
Original Mortgage
$478,800
Interest Rate
3.5%
Source: Public Records

Range of Values:

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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
Merfeld Michael $532,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merfeld Michael $478,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $532,000 -3.3% $704 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $550,000 -- $728 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $2,333 $552,208 $384,000 $168,208
2024 $2,333 $547,376 $384,000 $163,376
2023 $2,223 $467,428 $320,000 $147,428
2022 $2,268 $269,484 $175,000 $94,484
2021 $2,072 $269,484 $175,000 $94,484
2020 $7,470 $270,532 $175,000 $95,532
2019 $7,293 $263,740 $175,000 $88,740
2018 $6,592 $238,388 $150,000 $88,388
2017 $4,800 $172,932 $150,000 $22,932
2016 $3,857 $163,492 $150,000 $13,492
2015 $3,693 $132,812 $120,000 $12,812
2014 $3,501 $132,228 $120,000 $12,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5715365

First Multiple Listing Service (FMLS)

APN: 324-015