NOT LISTED FOR SALE

1062 Oconee Ln Commerce, GA 30529

Estimated Value: $455,590 - $540,000

4 Beds
3.5 Baths
2,744 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $399,000 $145 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,136/month

1 Day on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • No HOA
  • Commerce Primary School Rated A-
  • Wood Flooring
  • Covered patio or porch

About This Home

As of November 2021

Gorgeous & Spacious Home in the City of Commerce with TONS of Upgrades! Open floor plan with easy flow through living spaces, perfect for families. Eat in Kitchen features Granite Counters and Stainless Appliances, open to Living Room with Vaulted Ceiling, Fireplace, and access to Great Outdoor Living Space! Large Covered Patio looks out over professional landscaping with a custom built terrace, surrounded by woods for a peaceful & private place to get away from it all! Lovely Master Suite features Double Vanity, Separate Shower, Garden Tub, and an INCREDIBLE Custom Built California Closet!! 3 Additional Guest Bedrooms and 2.5 Baths, plus Finished Bonus Room that could be used as a 5th Bedroom, Office, or Playroom. Other features include network security system with cameras, energy efficient windows and doors, custom blinds throughout, and SO MUCH MORE! Located in a quiet neighborhood, minutes from City Schools, Community Events, Downtown Commerce shopping & dining. Small town living with an easy commute to Athens, Gainesville, or Gwinnett! Truly a MUST SEE!

Last Agent to Sell the Property

Allison McClure

GA Realty LLC License #382891 Listed on: 10/09/2021

Last Buyer's Agent

Non Member

ATHENS AREA ASSOCIATION OF REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 2018

Lot Details

  • 1.03

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • HardiePlank Type

Interior Spaces

  • 2,744 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Commerce Elementary School
  • Commerce Middle School
  • Commerce High School

Utilities

  • Cooling Available
  • Central Heating
  • Underground Utilities
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Covered patio or porch
  • 1.03 Acre Lot

Community Details

  • No Home Owners Association
  • Oconee Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035A 029

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,106

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Directions: From Downtown Commerce, take Hwy 15 toward Jefferson, right on B Wilson Road, left on Oconee Lane
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 1.03
  • Ownership: Owner/Agent
  • Subdivision Name: Oconee Pointe
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: One
  • Efficiency: Insulation
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven
  • Interior Amenities: Tray Ceiling(s), High Ceilings, High Speed Internet, Cable TV, Vaulted Ceiling(s), Window Treatments, Bedroom on Main Level, Entrance Foyer, Eat-in Kitchen, Main Level Primary
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: One, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 2744.0
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Porch, Patio
  • Disclosures: Disclosure on File, Owner Is Listing Agent
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

  • Parking Features: Attached, Garage, Parking Available
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Underground Utilities
  • Security: Security System
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Commerce
  • High School: Commerce
  • Middle Or Junior School: Commerce

Lot Info

  • Parcel #: 035A 029
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4105.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 10, 2021
Sold by
Iarussi Timothy A
Bought by
Mitchell Aubrey Louis
Seller's Agent
Allison McClure
GA Realty LLC
Buyer's Agent
Non Member
ATHENS AREA ASSOCIATION OF REALTORS
List Price
$399,000
Sold Price
$399,000
Total Days on Market
1
Current Estimated Value
$488,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,148
Avg. Annual Appreciation
5.22%
Original Mortgage
$399,000
Outstanding Balance
$368,293
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$110,002

Purchase Details

Closed on
Aug 27, 2018
Sold by
Shannon Homes Llc
Bought by
Iarussi Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2018
Sold by
Garnet Holdings Llc
Bought by
Shannon Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2014
Sold by
United Community Bank
Bought by
Great Oak Ga Owner Llc

Purchase Details

Closed on
Jan 6, 2009
Sold by
Norris Billy
Bought by
United Community Bank

Purchase Details

Closed on
Jun 25, 2008
Sold by
Not Provided
Bought by
United Community Bank

Purchase Details

Closed on
Jul 18, 2006
Sold by
Not Provided
Bought by
United Community Bank
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mitchell Aubrey Louis $399,000 --
Iarussi Timothy A $260,000 --
Shannon Homes Llc $66,000 --
Great Oak Ga Owner Llc -- --
United Community Bank $25,400 --
United Community Bank -- --
United Community Bank $792,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Aubrey Louis $399,000
Closed Mitchell Aubrey Louis $399,000
Previous Owner Iarussi Timothy A $248,380
Previous Owner Iarussi Timothy A $247,000
Previous Owner Shannon Homes Llc $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $399,000 0.0% $145 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $399,000 -- $145 / Sq Ft
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,755 $172,880 $20,000 $152,880
2023 $4,755 $154,280 $20,000 $134,280
2022 $4,049 $125,560 $20,000 $105,560
2021 $3,843 $125,560 $20,000 $105,560
2020 $4,007 $111,160 $20,000 $91,160
2019 $3,802 $113,320 $20,000 $93,320
2018 $729 $20,000 $20,000 $0
2017 $183 $20,000 $20,000 $0
2016 $93 $20,000 $20,000 $0
2015 $229 $6,000 $6,000 $0
2014 $231 $6,000 $6,000 $0
2013 -- $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 983997

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 035A-029