See Home Value
Rabun 30576
4740 Murray Cove Road
$4,839,447*
House - Off Market

4740 Murray Cove Road

Tiger, GA 30576
bedrooms
7 Beds
bathrooms
9 Baths, 2 Half Baths
$3,870,000 - $4,730,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 01, 2021
$4,285,000
$2,999,500 by Lincoln Capital Advisors
Mortgage Due Jan 01, 2051
Sold Jul 11, 2016
$850,000

About This Property

This 7BR, 7ba and 2 half bath Lake Burton home rests on a level Fee Simple lot with a view of Billy Goat Island and the July 4th fireworks.  Coveted grassy lot with charming dugout patio offers a unique lake front with 2 stall boathouse and lakefront stone patio. The clean-lined interior is reminiscent of a modern coastal farmhouse with a touch of antique class.   The light-filled great room features a stone fireplace, antique beams and shiplap paneling that provide for casual and comfortable lake living. The chef's kitchen was designed with entertaining in mind and includes a butler's pantry that opens to the oversized lakeside screened porch with fireplace that runs the length of the home. Features include: 2 master suites on main, 4 terrace level en suite bedrooms, a bunk room that sleeps 10, family and rec room with billiards, shuffle board, second kitchen, hot tub, and 2 car garage.
Unit Size
-
Days on Market
-
Land Size
1.84 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Oct 1, 2021 Sold to Lee Dunn, Michael Dunn $4,285,000
Sold to Lee Dunn, Michael Dunn
Aug 27, 2021 In contract -
In contract
Oct 2, 2020 Listed $4,300,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 7
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Condition: Average
  • Exterior Walls Type: Combination
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 3,047
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Porch Type: Porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 58,370
  • Total Building Area: 6,808
  • Gross Building Area: 6,808
  • Building Area: 6,808
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,187
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 00900R - LK BURTON W/F OR ACCESS
  • Land Acres: 1.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3

Ownership

  • Current Owner : DUNN MICHAEL
  • Current Owner 2: DUNN LEE
  • Previous Owner : CAPE BUISNESS INTERESTS LLC
  • Owner Before Previous Owner: JOHN DAVID

Neighborhood

  • School District Name: Rabun County School District
  • Census Tract: 970303

Zoning

  • Zoning: VC

Geography

  • Assessors Map Reference: MAP LB14
  • Account Number: 14330
  • District: 5
  • Subdivision Tract Number: 3
  • Parcel: LB14 006B
  • Lot: 95
  • Municipality: LAKE BURTON
  • Latitude: 34.8171
  • Longitude: -83.5491

    Address

  • Full Address: 4740 Murray Cove Rd
  • Address - House Number: 4740
  • Address - Street Name: Murray Cove
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Tiger
  • Carrier Code: R021
  • 4-Digit Zip Code: 1571
  • Zip Code: 30576

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,994

    Appraisal Valuation

  • Standard Deviation: 0.3036
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 39
  • Final Value: 2,014,840
  • High Value: 2,626,707
  • Low Value: 1,402,972

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $5,999,000
  • First Open Lien Mortgage Lender: LINCOLN CAPITAL ADVISORS
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $2,999,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051
  • Second Open Lien Mortgage Lender: LINCOLN CAPITAL ADVISORS
  • Second Open Lien Mortgage Recording Date: Oct 05, 2021
  • Second Open Lien Mortgage Loan Amount: $2,999,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $3,277,291
  • Market Land Value: $960,000
  • Market Improvement Value: $2,317,291

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,310,916
  • Assessed Land Value: $384,000
  • Assessed Improvements Value: $926,916

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11860551901
  • Current Sale Price: $4,285,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2021-001948
  • Previous Sale Recording Date: Jul 11, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN CAPITAL ADVISORS
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $2,999,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051



Comparables

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

About Rabun


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Frequently Asked Questions

When was property at 4740 Murray Cove Road built and last sold?
The property at 4740 Murray Cove Road was built in 2016 and last sold on Oct 1, 2021 for $4,285,000.
How much is this home worth?
The estimated value of the home located at 4740 Murray Cove Road is $4,343,000.
What are some comparable homes to 4740 Murray Cove Road?
There are currently no comparable homes to 4740 Murray Cove Road.

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