Lake Nottely Real Estate Market Report – October 2015

Real Estate Sales on Lake Nottely this October through our MLS was a little slow. There was one Lake Front Lot that SOLD in Leisure Cove. Lot 19 SOLD at what seems to be a very good price at $270,000, and it was a Cash Sale.  This lot was priced well at $274,500 which led to a relatively quick sale in just under 45 Days. The Union County Tax Assessment on this property was $249,900, which appears to be the last purchase price of the lot back in September of 2014. So this sale appears to be a quick little flip. Be sure to check out the Lake Nottely Homes For Sale in Leisure Cove as well.

There was one Lake Nottely Home that SOLD last month in October off of Chantelle Lane. 193 Chantelle Lane was Originally Listed at $289,900, experienced one Price Improvement to $272,500 before it SOLD at $262,000. This Lake Nottely Home was on the Market for 121 Days.

The 3rd Sale was a larger tract of land containing a Total of 10.28 Acres on the north end of Lake Nottely off of Chrisman Road. Of the 10 +/- acres, a 1.4 acre portion of the property obtained actual frontage on the Lake. Tract 1 & 5 off of Chrisman Road was listed on July 1st for $289,000, and closed on the 6th of October for $250,000.

I hope that this Lake Nottely Real Estate Market Report was helpful to you, especially if you are Searching For A Lake Nottely Home or thinking about Selling Your Lake Nottely Home or Lot in the near future. If I can be of any service to you now or in the future, please do not hesitate to give me a call at 706-229-7564, or email me at [email protected]

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