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Joe Folsom

Associate Broker / Realtor · Coldwell Banker High Country Realty · Ellijay, GA

Joe Folsom is an associate Broker / Realtor with Coldwell Banker High Country Realty in Ellijay, Georgia, GREC license no. 333689 (verifiable on GREC license search), serving Murray County, GA, Fannin County, GA, Gilmer County, GA, Pickens County, GA, Union County, GA, Towns County, GA, Rabun County, GA, White County, GA, Habersham County, GA, Lumpkin County, GA, Polk County, TN, Bradley County, TN, McMinn County, TN and Monroe County, TN since July 2008.

Call · 770-722-5098 Send an email Website ↗

What Payotte publishes

License: GREC no. 333689 ↗ Verifiable on GREC license search, run by the Georgia Real Estate Commission (link): search the name or the number. Number declared in writing.
Brokerage: Coldwell Banker High Country Realty
Office: 329 River St, Ellijay, GA 30540
Areas served: Murray County, GA, Fannin County, GA, Gilmer County, GA, Pickens County, GA, Union County, GA, Towns County, GA, Rabun County, GA, White County, GA, Habersham County, GA, Lumpkin County, GA, Polk County, TN, Bradley County, TN, McMinn County, TN, Monroe County, TN Declared in writing: “All of the North Georgia & Eastern Tennessee Mountains including: Georgia: Murray, Fannin, Gilmer, Pickins, Union, Towns, Rabun, White, Habersham, Lumpkin; Tennessee: Polk, Bradley, McMinn, Monroe”
Services: Second Homes, Last Homes, New Construction, Senior Living Housing, Family Compounds, Land, Residential Developments, Luxury Living, Estate Homes, Modern Rustic Living Declared in writing.
Languages: English Declared in writing.
Practising since: July 2008 Declared in writing.
Google profile: See on Google Maps ↗

Information confirmed in writing by Joe Folsom on November 9, 2026. Page updated on November 9, 2026.

In their own words

The advice he gives clients most often, and the clients he helps most, in his own words

“Escape to a better place with Modern Rustic Living. At Modern Rustic Living Real Estate, we specialize in helping buyers and sellers achieve their property goals across North Georgia communities including Ellijay, Blue Ridge, Jasper, and throughout the North Georgia Mountains. Our team combines local expertise with personalized service to make your real estate journey smooth and rewarding. Whether you’re searching for luxury homes, new construction, or land & lots, we are here to guide you every step of the way.”

Joe Folsom, written answer of November 9, 2026. Published word for word.

Calculate for Georgia

If you buy

Georgia state transfer tax

Real estate transfer tax (O.C.G.A. 48-6-1 to 48-6-10): $1 for the first $1,000 plus $0.10 for each additional $100 (about $1 per $1,000).

Purchase price in $

Price$346,500

State transfer taxnot computed

Who paysThe seller

Default price: the Georgia median value of owner-occupied homes, $346,500 (Census ACS 2025). Not computed: Tax = $1 for the first $1,000 (or fraction) + $0.10 for each additional $100 or fraction of $100. Example: $400,000 gives $1 + $0.10 x 3,990 = $400. Who pays: The seller is liable by law, though frequently the sales contract has the buyer pay (Georgia Department of Revenue). Not included: county and city transfer taxes, the tax on the mortgage, recording fees, title insurance and lender charges. Georgia transfer tax guide · all 50 states.

If you sell

Capital gain and the federal tax on it

Same federal rule in every state: Section 121 of the Internal Revenue Code excludes up to $250,000 of gain on a main home ($500,000 for a married couple filing jointly).

Sale price in $

Purchase price plus improvements in $

Months owned

Filing status

Your long-term rate by taxable income

Main home, lived in at least 24 of the last 60 months

Capital gain$350,000

Section 121 exclusion$250,000 (limit $250,000)

Taxable gain$100,000

Type of gainLong-term (owned over 1 year), 15% chosen

Federal tax on the gain$15,000

Section 121 excludes $250,000; the rest is taxable.

Gain = sale price minus your adjusted basis (purchase price, buying costs and improvements); selling expenses reduce it (IRS Publication 523). Long-term rates for sales in 2026, by taxable income including the gain (IRS Rev. Proc. 2025-32, section 4.03): 0% up to $49,450 single or $98,900 married filing jointly, 15% up to $545,500 single or $613,700 jointly, 20% above. Not included: Georgia state income tax on the gain (not computed), the net investment income tax, depreciation recapture on a rental or home office, and the reduced exclusion for an early sale. Agent commissions are negotiated and never set by law. Capital gains on a home sale.

A question about these figures or about buying in Ellijay, Georgia? Joe Folsom can answer.

Call · 770-722-5098 Send an email Website ↗

Frequently asked questions

Is Joe Folsom's license valid?

Joe Folsom declares GREC license no. 333689, with the brokerage Coldwell Banker High Country Realty. Payotte publishes no license status: search the name or the number on GREC license search before you sign.

What areas does Joe Folsom serve?

Murray County, GA, Fannin County, GA, Gilmer County, GA, Pickens County, GA, Union County, GA, Towns County, GA, Rabun County, GA, White County, GA, Habersham County, GA, Lumpkin County, GA, Polk County, TN, Bradley County, TN, McMinn County, TN and Monroe County, TN, according to Joe Folsom's written statement of November 9, 2026. The office is located at 329 River St, Ellijay, GA 30540.

What services does Joe Folsom offer?

Second Homes, Last Homes, New Construction, Senior Living Housing, Family Compounds, Land, Residential Developments, Luxury Living, Estate Homes and Modern Rustic Living, as an associate Broker / Realtor. Language of service: English.

How long has Joe Folsom been practising?

Since July 2008, according to Joe Folsom's written statement.

How can I reach Joe Folsom?

Joe Folsom can be reached by phone at 770-722-5098 or by email at joefolsom@modernrusticliving.com. The buttons at the top of this page start a call or a pre-filled email.

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Buying in Georgia? Closing costs, transfer tax and buyer rules in Georgia, and who licenses real estate brokers in Georgia.

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