234 Water Wheel Way
Ellijay, GA 30540
4 bd 3 ba 2,459 sqft Built 1989 Lot 87,120 sqft single_family
Most recent sale
$440,000
Apr 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 14, 2025 | Sold | $411,000 | FMLS |
| Sep 20, 2025 | Price changed | $435,000 | GeorgiaMLS |
| Aug 18, 2025 | Listed | $450,000 | GeorgiaMLS |
| Aug 16, 2025 | Listed | $450,000 | FMLS |
| Jul 25, 2025 | Listing removed | $475,000 | FMLS |
| Jul 6, 2025 | Price changed | $475,000 | GeorgiaMLS |
| Jun 6, 2025 | Price changed | $495,000 | GeorgiaMLS |
| Jun 5, 2025 | Listed | $485,000 | GeorgiaMLS |
| Jun 4, 2025 | Listed | $485,000 | FMLS |
| Apr 8, 2022 | Sold | $440,000 | MLS #20025203 |
| Mar 12, 2022 | Listed | $440,000 | MLS #20025203 |
| Dec 23, 2021 | Relisted | $399,900 | MLS #311322 |
| Oct 19, 2021 | Listed | $399,900 | MLS #9068245 |
| Aug 5, 2014 | Sold | $182,500 | Public Record |
| Jun 12, 2014 | Listing removed | $194,777 | NorthEastGA |
| May 23, 2014 | Listed | $194,777 | MLS #239029 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $145,928 | $12,120 | $158,048 | $2,441 |
| 2024 | $145,928 | $12,120 | $158,048 | $2,368 |
| 2023 | $147,184 | $4,440 | $151,624 | $2,425 |
| 2022 | $116,344 | $4,240 | $120,584 | $2,122 |
| 2021 | $93,744 | $3,720 | $97,464 | $1,934 |
| 2020 | $82,272 | $3,640 | $85,912 | $1,890 |
| 2019 | $80,508 | $3,640 | $84,148 | $1,906 |
| 2018 | $82,588 | $3,640 | $86,228 | $1,978 |
| 2017 | $67,192 | $3,640 | $70,832 | $1,743 |
| 2016 | $67,960 | $3,640 | $71,600 | $1,797 |
| 2015 | $68,292 | $2,200 | $70,492 | $1,738 |
| 2014 | $51,760 | $2,200 | $53,960 | $1,333 |
| 2013 | $53,400 | $2,200 | $55,600 | $1,374 |
| 2012 | $51,440 | $1,440 | $52,880 | $1,333 |
| 2011 | $52,720 | $3,200 | $55,920 | $1,381 |
| 2010 | $57,000 | $5,080 | $62,080 | $1,338 |
| 2009 | $69,040 | $5,080 | $74,120 | $1,551 |
| 2008 | $69,040 | $5,080 | $74,120 | $1,382 |
| 2007 | $43,960 | $2,520 | $46,480 | $983 |
Property facts
Year built
1989
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,459 sqft
Lot size
87,120 sqft
ZIP code
30540
City
Ellijay
Street
Water Wheel Way
Coordinates
34.65702, -84.49421
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,811
Gross rental yield
10.39%
Implied cap rate
6.76%
Trend-extrapolated value
—
Frequently asked questions
When did 234 Water Wheel Way last sell?
234 Water Wheel Way most recently sold on Apr 8, 2022 for $440,000.
What is the current tax assessment for 234 Water Wheel Way?
The most recent total assessment for 234 Water Wheel Way (year 2025) is $158,048 with $2,441 in property tax.
How does 234 Water Wheel Way's assessment compare to its last sale price?
The current assessment is 64.1% below the last sale price of $440,000.
When was 234 Water Wheel Way built?
234 Water Wheel Way was built in 1989.
How does 234 Water Wheel Way compare to others on Water Wheel Way?
We track 1 other property on Water Wheel Way. Browse the list under "Other properties on Water Wheel Way" to compare beds, baths, and sale history.
What are the property facts for 234 Water Wheel Way?
234 Water Wheel Way is a 4 bed, 3 bath, 2,459 sqft, 87,120 sqft lot single_family.
Is 234 Water Wheel Way a flip candidate?
No — 234 Water Wheel Way does not appear in our flips dataset.
Is 234 Water Wheel Way a tax-appeal candidate?
No — 234 Water Wheel Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-2.0%
2026 Q3
$403.3K
2026 Q4
$401.2K
ZIP 30540 — Median Price History + Forecast
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Geography
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