NOT LISTED FOR SALE

Estimated Value: $656,000 - $803,000

4 Beds
3 Baths
1,792 Sq Ft
$392/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $555,000 $310 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,025/month

1 Day on Market

Highlights

  • Open-Concept Dining Room
  • Mountain View
  • Great Room
  • 2.14 Acre Lot
  • Wooded Lot
  • Private Yard

About This Home

As of January 2023

Welcome to the ever-charming 515 Payne Hill cabin! Perfectly updated, private, and just minutes to downtown Clayton, this home boasts of solid construction, thoughtful features, and luxurious touches. The main level encompasses all of your major living areas - high ceilings in the main body of the home, an entertainer's dream of a kitchen, new remote-controlled gas fireplace, mudroom, and split bedroom floorplan. The primary suite is truly a retreat with a walk-in shower, standalone soaking tub, and private access to the porch and hot tub. On the opposite end of the home, find two more bedrooms and a shared, hall bathroom. Newly finished, the downstairs basement features a sleeping area, bathroom, a second laundry room, storage closet, games area, and private living room. Stargaze from the five-person hot tub, roast smores by the firepit, or share some snacks and drinks on the porch; there are so many places to cozy up and make memories at this cabin. Special conveniences such as a Nest Wi-Fi efficient thermostat and Schlage home remote access Wi-Fi door locks create ease and simplicity. Over two acres of privacy, trails and firepit area make this the ideal mountain setting with all the conveniences of in-town living. Please no drive bys or walking property without an appointment.

Last Agent to Sell the Property

Nancy Thorpe

Mountain Sotheby's International Realty License #401395 Listed on: 12/05/2022

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 2001

Lot Details

  • 2.14 Acre Lot
  • Property fronts a county road
  • Private Entrance
  • Level Lot
  • Wooded Lot
  • Private Yard

Home Design

  • Cabin
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Private Rear Entry
  • Great Room
  • Open-Concept Dining Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Parking Pad
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Outdoor Gas Grill
  • Front Porch

Schools

  • Rabun County Elementary And Middle School
  • Rabun County High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 041G 011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,215

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LL 36 LD 2
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Property Condition: Resale
  • Year Built: 2001
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1792.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Basement: Finished, Full
  • Kitchen Features: Breakfast Bar, Cabinets Other, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 1792.00
  • Spa Features: None
  • Window Features: None
  • Below Grade Finished Sq Ft: 1000.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Front Porch
  • Exterior Features: Gas Grill, Private Front Entry, Private Rear Entry, Private Yard
  • View: Mountain(s)
  • Foundation: See Remarks

Garage/Parking

  • Parking Features: Kitchen Level, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: In Basement, Laundry Room, Main Level
  • Utilities: Electricity Available, Water Available
  • Electric: Other

Schools

  • Elementary School: Rabun County
  • Middle School: Rabun County
  • High School: Rabun County

Lot Info

  • Acres: 2.1400
  • Land/Lot: 36
  • Plat Book: 43
  • Plat Page: 176
  • Lot Features: Level, Private, Sloped, Wooded
  • Parcel Number: 041G 011
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2215.00
  • Assessor Parcel Number: 041G-011
  • Close Date: 2023-01-06
  • Tax Year: 2022

MLS Schools

  • Elementary School: Rabun County
  • High School: Rabun County
  • Middle School: Rabun County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Jan 6, 2023
Sold by
Brandenburg Mark
Bought by
Carroll Derek and Carroll Denise
Seller's Agent
Nancy Thorpe
Mountain Sotheby's International Realty
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Views
16
Current Estimated Value
$701,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,988
Avg. Annual Appreciation
8.99%
Original Mortgage
$200,000
Outstanding Balance
$175,629
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$526,359

Purchase Details

Closed on
Aug 13, 2020
Sold by
Watts Michael Shane
Bought by
Brandenburg Mark and Brandenburg Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Watts Michael Shane
Bought by
Watts Michael Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2002
Bought by
Watts Michael Shane

Purchase Details

Closed on
Aug 1, 2000

Purchase Details

Closed on
Jul 1, 1999

Purchase Details

Closed on
Feb 1, 1999

Purchase Details

Closed on
Oct 1, 1995
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
Carroll Derek $555,000 --
Brandenburg Mark $307,000 --
Brandenburg Mark $307,000 --
Watts Michael Shane -- --
Watts Michael Shane -- --
Watts Michael Shane -- --
Watts Michael Shane -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Derek $200,000
Previous Owner Brandenburg Mark $245,600
Previous Owner Watts Michael Shane $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $555,000 +0.9% $310 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $550,000 -- $307 / 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
2024 $3,460 $217,585 $14,400 $203,185
2023 $3,170 $173,200 $14,400 $158,800
2022 $2,215 $121,022 $11,520 $109,502
2021 $2,064 $110,092 $11,520 $98,572
2020 $1,660 $87,586 $11,520 $76,066
2019 $1,485 $78,033 $11,520 $66,513
2018 $1,491 $78,033 $11,520 $66,513
2017 $1,429 $78,033 $11,520 $66,513
2016 $1,433 $78,033 $11,520 $66,513
2015 $1,510 $80,428 $11,520 $68,908
2014 $1,518 $80,428 $11,520 $68,908
Source: Public Records

Agents Affiliated with this Home

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7150460

First Multiple Listing Service (FMLS)

APN: 041G-011