NOT LISTED FOR SALE

Estimated Value: $3,247,000 - $3,926,000

4 Beds
3 Baths
4,726 Sq Ft
$761/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $3,000,000 $635 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $20,350/month

14 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Deep Water Access
  • Marina
  • 2 Boat Docks
  • RV or Boat Storage in Community

About This Home

As of July 2022

ESCAPE TO TRANQUILITY! For the first time in over 30 years, this exquisite, fee simple, 4 bedroom, year round residence with its two stall boathouse is available. Beautifully situated in one of Lake Rabun's most desirable locations, this premier lake front property captures exquisite mountain and lake panoramic scenery. Breathtaking views from the dramatic two story great room, screened porch, patio and primary bedroom await you. Extraordinary architectural features make the well equipped kitchen and keeping room standouts. The large walk in pantry can accommodate all your culinary needs. Relax on the oversized screen porch or on the hot tub deck while savoring the sunset sky. A second primary bedroom can be converted to a bunk room or divided into multiple bedrooms if desired. High capacity tram will make transporting to the boathouse a breeze. Four car garage has well stocked, handyman's workshop and a hobby/entertainment room which is temperature controlled for year round use and could be converted to a guest cottage. Drive up to the front door for easy access and use the path to first floor for "stairless" unloading. Path can be widened for golf cart use. Enjoy water activities from the pavilion style, two stall boathouse and large dock which accommodates more boat docking. Full house generator and fiber optic, high speed internet add convenience. This property has paved road access and deep water for boating year round. Just an hour and 45 minutes from Atlanta, 20 minutes to Clayton, and 5 minutes to Lakemont Village, this property is a jewel!

Last Agent to Sell the Property

Yetty Arp

Atlanta Fine Homes - Sotheby's Int'l License #137229 Listed on: 05/16/2022

Atlanta Fine Homes - Sotheby's Int'l

Last Buyer's Agent

Yetty Arp

Atlanta Fine Homes - Sotheby's Int'l License #137229 Listed on: 05/16/2022

Atlanta Fine Homes - Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,494

Year Built

  • Built in 1992

Lot Details

  • 0.75 Acre Lot
  • Lake Front

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 4,726 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Bay Window
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room Seats More Than Twelve
  • Home Office
  • Sun or Florida Room
  • Screened Porch
  • Tile Flooring
  • Attic Fan
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Double Convection Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 6 Car Garage
  • Side or Rear Entrance to Parking
  • Guest Parking

Accessible Home Design

  • Accessible Doors
  • Accessible Approach with Ramp
  • Garage Van Access

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Insulation

Outdoor Features

  • Deep Water Access
  • Boathouse
  • 2 Boat Docks
  • Dock Rights
  • Patio
  • Outdoor Gas Grill

Location

  • Property is near shops

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Shared Well
  • Well
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot LR067

Community Details

Overview

  • No Home Owners Association
  • Lake Rabun Subdivision
  • Community Lake

Recreation

  • RV or Boat Storage in Community
  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,494

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: LR06
  • Year Built: 1992
  • ArchitecturalStyle: Contemporary
  • Financing Type: Cash
  • GreenEnergyEfficient: Insulation, Exposure/Shade, Water Heater, Windows
  • Levels: Two
  • Lot Size Acres: 0.75
  • Other Sturctures: Boat House, Stationary Dock, Garage(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 2
  • Total Finished Area2: 4726
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dryer, Washer, Convection Oven, Cooktop, Dishwasher, Double Oven, Disposal, Ice Maker, Microwave, Oven (Wall), Refrigerator, Trash Compactor
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo, Seats 12+
  • Basement: Concrete, None
  • Total Finished Sq Ft: 4726
  • Above Grade Finished Sq Ft: 4726
  • Interior Amenities: Central Vacuum, Bookcases, Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Double Vanity, Beamed Ceilings, Separate Shower, Tile Bath, Walk-In Closet(s), Master On Main Level
  • Feature Name: Rabun
  • Accessibility Features: Accessible Doors, Garage Van Access, Accessible Approach with Ramp
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Gas Starter, Gas Log
  • Flooring: Tile, Other
  • Kitchen Features: Breakfast Area, Breakfast Bar, Solid Surface Counters, Walk-in Pantry
  • Window Features: Bay Window(s)
  • Price Per Square Foot: 634.79

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Block, Vinyl Siding
  • ExteriorFeatures: Gas Grill
  • Foundation Details: Slab
  • Lot Features: Other
  • Patio And Porch Features: Screened, Patio
  • Property Condition: Resale
  • Roof: Metal
  • View: Mountain(s), Lake
  • Waterfront Features: Dock Rights, Deep Water Access, Lake

Garage/Parking

  • Parking Features: Garage, Side/Rear Entrance, Guest
  • ParkingTotal: 6

Utilities

  • Cooling: Electric, Central Air, Zoned, Attic Fan
  • Heating: Propane, Central, Zoned
  • Laundry Features: Upper Level
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat/Camper/Van Prkg, Lake, Marina, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • High School Bus: Yes
  • Middle School: Rabun County
  • Middle School Bus: No
  • Elementary School: Rabun County Primary/Elementar
  • Middle School: Rabun County
  • High School: Rabun County

Lot Info

  • Land Lot: 77
  • Lot: LR067

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8494

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 14, 2022
Sold by
Griffin Mary Katherine Erler
Bought by
Fitzwil Lakemont Llc
Seller's Agent
Yetty Arp
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Yetty Arp
Atlanta Fine Homes - Sotheby's Int'l
List Price
$2,995,000
Sold Price
$3,000,000
Premium/Discount to List
$5,000
0.17%
Current Estimated Value
$3,598,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,044
Avg. Annual Appreciation
1.63%

Purchase Details

Closed on
Apr 5, 2022
Sold by
Ray John Warner
Bought by
Griffin Mary Katherine Erier

Purchase Details

Closed on
Feb 1, 1999
Bought by
Burkitt Penelope Priest

Purchase Details

Closed on
May 1, 1985

Purchase Details

Closed on
Aug 1, 1978
Source: Public Records

Range of Values:

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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
Fitzwil Lakemont Llc $3,000,000 --
Fitzwil Lakemont Llc $3,000,000 --
Griffin Mary Katherine Erier -- --
Burkitt Penelope Priest -- --
Burkitt Penelope Priest -- --
-- -- --
-- -- --
-- $100,000 --
-- $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $3,000,000 +0.2% $635 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $2,995,000 -- $634 / 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 $10,764 $670,664 $330,000 $340,664
2023 $11,348 $620,016 $308,000 $312,016
2022 $9,090 $496,628 $308,000 $188,628
2021 $8,494 $452,999 $286,000 $166,999
2020 $8,596 $443,169 $286,000 $157,169
2019 $8,656 $443,169 $286,000 $157,169
2018 $8,688 $443,169 $286,000 $157,169
2017 $8,332 $443,169 $286,000 $157,169
2016 $8,354 $443,169 $286,000 $157,169
2015 $8,581 $445,580 $286,000 $159,580
2014 $8,626 $445,580 $286,000 $159,580
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 10048115

Georgia MLS

APN: LR06-077