532 Gilmer 2

2.74 ACRES IN GILMER COUNTY, GEORGIA

 

Buy or hold

 

Located in the Blue Ridge Mountains outside of Ellijay, this property is right at the doorstep of the Chattahoochee National Forest. Recreational opportunities in the area include fishing, hiking, mountain biking, hunting and camping.

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president

The lot is fronted by Bear Paw Trail.

The property is 15 minutes to Ellijay, the county seat of Gilmer County, and 40 minutes to the Chattahoochee National Forest.

“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist

According to our research, the lot is zoned Residential Low Density, which allows for residential uses including mobile homes (but not long-term RV use); however, please contact Gilmer County to confirm all building rules and regulations prior to purchase.

The property is not in an HOA or POA according to our research.

We advise that you contact Georgia Power for more information on how to connect power to the lot. Water and sewer would need to be supplied via a well and septic system.

CASH DISCOUNT PRICE $33,118 $21,999 plus Closing Costs*

We accept payment via PayPal, wire transfer, ACH transfer, and Zelle.

*In Georgia you must hire a title company or local attorney to handle the closing. If you would like to use our attorney, the closing fee is $600 plus an additional $200 for title insurance.

SELLER FINANCING AVAILABLE

$1 down with a $299 document fee and $399 per month for 83 months at 0% APR. No prepayment penalty. No credit checks.

Please note that at the end of the loan term we must hire a lawyer for the deed transfer. We generally use our own lawyer and cover the closing costs, but if you would like title insurance there is an extra fee of $200.

HOLD PRICE $25

For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.

TITLE AND USE

What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.

ABOUT ELLIJAY

Ellijay is the county seat of Gilmer County and has a population of about 1,619 as of the 2010 census. Ellijay is known as the “Apple Capital of Georgia.” There is a hospital in Ellijay, as well as grocery stores and restaurants. The Whitepath Golf Course is nearby as are many mountain biking and hiking trails.

 

Buy or hold

 

LOT DETAILS
Assessor’s Parcel Number:3118b-024
Approximate Elevation:1760Ft
GPS Coordinates (approx.):
Please note that the GPS coordinates are approximate. They come from public assessor GIS data and are fairly accurate, but to find the exact boundaries of the property, it is best to hire a local surveyor.
Center: 34.8253, -84.3728 
34.8262,-84.3731
34.8257,-84.3722
34.8247,-84.3725
34.8247,-84.3726
34.8248,-84.3726
34.8248,-84.3726
34.8248,-84.3726
34.8248,-84.3726
34.8248,-84.3727
34.8248,-84.3727
34.8248,-84.3727
34.8248,-84.3727
34.8248,-84.3728
34.8248,-84.3728
34.8248,-84.3728
34.8248,-84.3728
34.8249,-84.3728
34.8249,-84.3729
34.8249,-84.3729
34.8249,-84.3729
34.8249,-84.3730
34.8249,-84.3730
34.8249,-84.3730
34.8249,-84.3732
34.8249,-84.3732
34.8249,-84.3733
34.8249,-84.3733
34.8249,-84.3733
34.8249,-84.3733
34.8250,-84.3733
34.8250,-84.3733
34.8250,-84.3733
34.8250,-84.3733
34.8251,-84.3733
34.8252,-84.3732
34.8253,-84.3732
34.8255,-84.3731
34.8256,-84.3731
34.8260,-84.3730
34.8260,-84.3730
34.8260,-84.3730
34.8260,-84.3730
34.8261,-84.3730
34.8261,-84.3730
34.8261,-84.3730
34.8261,-84.3730
34.8261,-84.3731
34.8262,-84.3731
34.8262,-84.3731
Annual Taxes:~$238
Zoning:Residential Low Density
Time Limit to Build:None as far as we are aware
Access:Dirt Road
Power:Please contact Georgia Power.
Water:A well would need to be installed.
Sewer:A septic system would need to be installed. Please note that a perc test has not been done.
Contacts:Gilmer County Planning and Zoning  706-635-3406

“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul

FREQUENTLY ASKED QUESTIONS

How do I use the GPS coordinates to find the property in Google Maps?

Note: these are sample coordinates, please copy the GPS coordinates from this listing page.

Can I build a home on the lot? Because we do not know the specifics of what you may want to build on the property, we recommend that you contact the building and/or zoning department(s) for more information on the relevant zoning and building regulations and how to obtain a building permit.

Can I visit the property?  Of course! There is no need to make an appointment – please feel free to visit the property at any time. Please also note that we won’t be able to meet you at the lot.

Does the property have an address? No, since the property is a vacant parcel of land, it hasn’t been assigned an address. However, you can plug the approximate GPS coordinates into Google Maps in order to locate the property (as shown above).

Has a survey been done? No, we have not had a survey commissioned, but if you would like to pay for a survey we would be happy to work with your chosen surveyor.

Can you park an RV on the property? We recommend that you contact the county to confirm, but, in most counties, RVs are only allowed on a temporary basis.

Are taxes up to date? We pay all tax bills as soon as we receive them, but you can always check with the County Treasurer to verify taxes have been paid.

Has a title search been done? Given the price point of our properties, we do not typically purchase a title search or title insurance when we buy a lot. However, we do our own research to check for title issues and liens and would never purchase a property that has a known title issue. We are also happy to work with the company of your choosing at buyer’s expense.

How does the closing process work? We try to keep the closing simple and straightforward. Please just send us the full name of everyone you would like on the deed, a mailing address and phone number, and whether you would like to purchase with cash or utilize owner financing. We will then send you an invoice for either the down payment plus the document fee or the cash discount price plus the document fee. We accept payment via Zelle, wire transfer or ACH transfer as well as PayPal for properties priced under $5000.

If you purchase with owner financing, we will then send the loan documents to you for your signature via docusign.

If you purchase with cash, we will then draft and record the deed transferring title to you. Once the deed is recorded, we will send you a copy for your records.

Do you work with a title company? Yes, we are always happy to work with the company of your choosing at buyer’s expense.

How does owner financing work? With owner financing, we will sign a land contract that gives you legal right to use the property; however, you won’t be able to pull any building permits during the loan term. Once the down payment and document fee are paid, we will send you a link to our third party loan servicing software, where you will make monthly payments for the length of the loan term. After the loan is paid in full, we will then transfer title to you.

What kind of deed will I receive? You will receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.

How many people can be included on the deed? You can have as many people listed on the deed as you would like.

Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.

Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur

PROPERTY PHOTO

FINAL NOTE

We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!

“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist

 

Buy or hold

 

Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.