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Rabun 30576
118 Dameron Lane
Listing Courtesy of: Mark Spain, Mark Spain Real Estate
$100,678
● House - Off Market

118 Dameron Lane

Clayton, GA 30576
bedrooms
2 Beds
bathrooms
0 Bath
square feet
2,160 Ft²
$150,537
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Imagine sitting in the beautiful screened porch with only the sound of the flowing creek and an occasional bird call in the background. Entertain family & friends in the large open great room with 2 story ceiling. Finished basement could be used for a 3rd bedroom. Heat the home in the winter w/the modern wood stove and you'll find plenty of firewood on the 1.58 acre wooded lot. This beautiful custom-built home has been lovingly maintained. Country living at its best and close to shopping and schools and easy access to HWY 441.
Unit Size
2,160 Ft²
Days on Market
-
Land Size
1.58 acres
Price per sqft
$44
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (FMLS #5864652)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Jun 12, 2023 Listed by Mark Spain Real Estate $330,000
Listed by Mark Spain Real Estate
Nov 3, 2017 Sold
Premium
Sold
Jun 15, 2017 Listed by Mark Spain Real Estate $94,900
Listed by Mark Spain Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 68,825
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 11
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEQUOIA HILLS SUB
  • Land Acres: 0000001580
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LL3 LD5

Neighborhood

  • School District Name: Rabun County School District
  • Census Tract: 970201

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: MAP 044B
  • Account Number: 12549
  • District: 5
  • Parcel: 044B 082A
  • Lot: 3
  • Municipality: UNINC COUNTY
  • Latitude: 34.8331
  • Longitude: -83.3929

    Address

  • Full Address: 118 Dameron Ln
  • Address - House Number: 118
  • Address - Street Name: Dameron
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Clayton
  • Zip Code: 30525

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $102,685

    Appraisal Valuation

  • Standard Deviation: 0.1031
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 90
  • Final Value: 312,881
  • High Value: 345,155
  • Low Value: 280,606

    Market Valuation

  • Market Total Value: $140,257
  • Market Land Value: $35,000
  • Market Improvement Value: $105,257

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,103
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $42,103

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 03, 2017
  • Previous Sale Contract Date: Nov 03, 2017
  • Previous Sale Amount: $100,678
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rabun

Stats & Trends

Median Asking:

$439,500

Sale Price/ft²

$266

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2364 ft²

Average Home Age

31.2 years

Currently For Sale

392 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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FMLS

Listed by: Mark Spain, Mark Spain Real Estate
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5864652
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 118 Dameron Lane built and last sold?
The property at 118 Dameron Lane was built in 1990 and last sold on Dec 15, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 118 Dameron Lane is $336,992.
What are some comparable homes to 118 Dameron Lane?
There are currently no comparable homes to 118 Dameron Lane.
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