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$407,059Estimated home value

Beds
3
Baths
2.0
sq ft
1,810

50 Loop Way, Rabun Gap, GA 30568

50 Loop Way

Rabun Gap, GA 30568

  • Sold On 7/30/2021
A charmed life awaits the next owner of this enchanting cabin situated a stone's throw from Sylvan Lake. Afternoons enjoying the continuous sound of the spillway, and the sites of the tranquil lake. Presently wooded for privacy, but year-round views can be easily created. This 1 acre lot offers many options for outdoor features (e.g. firepit, gazebo, garden(s) and is accessible via the well-maintained community roads (dirt) with very level drive to/from. Decking in front, side and back of house afford outdoor living and lounging including the serenity of the front porch. This 3/2 ranch is offered for the first time by the original owner and includes a workshop and plenty of storage via the crawlspace, extensive railroad tie and stone hardscaping and mature landscaping. Parking on gravel pad for 3 cars. The very short walk to the lake offers a picturesque body of water, and the enjoyment of ducks and geese. Minimal lawn maintenance. Sun porch and larger side deck (picture with patio table) added for additional outdoor enjoyment. The majority of the contents negotiable via personal property agreement outside of sale. Many potential uses for this appealing location, community and home.

Details

Property type

Cabin

Est. home value

$407,059

Lot size

1.00 acres

Price per sq ft

$193

Year built

1999

Annual property taxes

$1,145

Price History

12/22/2024
GeorgiaMLS

GeorgiaMLS #10337338

Removed
$348,900
11/14/2024
GeorgiaMLS

GeorgiaMLS #10337338

Price change
$348,900
-3.08%
09/10/2024
GeorgiaMLS

GeorgiaMLS #10337338

Price change
$360,000
-2.7%

Schools & Community

Elementary school: 

Rabun County Primary/Elementar

Middle school: 

Rabun County

High school: 

Rabun County

Community features: 

Lake

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First American Bank And Trust

Loan start date

June 2022

Original loan amount

$20,000

Est. remaining balance

$3,556

Interest rate

5.27%

Loan type

New Conventional, 3 year

Seller

Clegg W Jarvis and Betty Jean Jarvis

Lender

Homestar Financial

Loan start date

July 2021

Original loan amount

$228,500

Est. remaining balance

$211,924

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Clegg W Jarvis and Betty J Jarvis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 12/24/2024 at 7:35 AM

Listing updated: 11/09/2023 at 2:44 PM

Listed by: Roger Glenn, Poss Realty

MLS: GeorgiaMLS #8993499

GeorgiaMLS logo

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