1 month on rocket

240 Varnes Ln, Lakemont, GA, 30552

$1,600,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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240 Varnes Ln, Lakemont$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingParking Pad
Year Built1986
HeatingCentral
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #10387152
Lot Size10.00 Acres
StatusActive

About 240 Varnes Ln

THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.

Property Details

Property Features

Property Information:

  • Year Built: 1986

Listing Office:

  • Office Name: Virtual Properties Realty.com
  • Listing Agent: Syed Firoz

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot Size: 10.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: PLEASE USE GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000

Tax Information:

  • Annual Amount: $1,568
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lakemont, GA.

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Lakemont, GA

City

Med. Sold Price

$500K

Med. Price/SqFt

$251

Avg. Days On Market

29

# of Sold Homes

4

240 Varnes Ln vs Lakemont

44 DAYS ON ROCKET

+15 Days

$1,600,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Lakemont, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10387152

Listing Office:

  • Office Name: Virtual Properties Realty.com
  • Listing Agent: Syed Firoz

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,568$80,826
2019$1,707$87,409
2018$1,643$87,409
2017$1,643$87,409

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-418363
6
/10

  • Rabun County Elementary School

  • 1115 E Boggs Mountain Rd

  • 2.61 miles

  • Public District Grades 3-6

school-card-donut-418364
8
/10

  • Woodville Elementary School

  • 911 Historic Old Highway 441

  • 9.08 miles

  • Public District Grades PK-5

school-card-donut-418365
6
/10

  • Clarkesville Elementary School

  • 6539 Highway 115

  • 13.97 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,802. Most Lakemont, GA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 240 Varnes Ln

What is the listing price of this property?

The listing price of 240 Varnes Ln property is $1,600,000.

What type of property is this?

The property 240 Varnes Ln is a house located in Lakemont, Georgia, 30552.

Is this property for sale now?

Active Listing: 240 Varnes Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,568 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 240 Varnes Ln is 1986.

Rocket Homes›Georgia›Rabun County›Lakemont›30552›240 Varnes Ln

This home is located at 240 Varnes Ln in Lakemont, GA and zip code 30552. This home, which was built in 1986, sits on a 10.00 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,600,000.

In October 2024, from all listings sold in Lakemont, GA there were more than 2 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. In October 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $500,000.

From Rocket Homes Real Estate and based on county public records data.

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