NOT LISTED FOR SALE

1062 Oconee Ln Commerce, GA 30529

Estimated Value: $459,834 - $523,000

4 Beds
3.5 Baths
2,744 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 10, 2021

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

Est. 23% increase in value since last sale

Current estimated payment $3,018/month

3 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • No HOA
  • Commerce Primary School Rated A-
  • 1 Fireplace
  • Screened 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: 10/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,105

Year Built

  • Built in 2018

Lot Details

  • 1.03

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch
  • Home Security System

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Commerce Elementary And Middle School
  • Commerce High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

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

$4,105

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • GarageYN: Yes
  • Inclusions: Security System
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2018
  • ResoSecurityFeatures: Security System
  • Subdivision Name: Oconee Pointe
  • Reso Flooring: Carpet, Wood
  • Reso Interior Features: Tray Ceiling(s), Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Tax Year: 2020
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Acres: 1.03
  • Home Warranty: No
  • Exterior Features: Other, Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Middle Or Junior School: Commerce

Lot Info

  • Lot Size Area: 1.03
  • Parcel Number: 035A 029
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4105.0

MLS Schools

  • Elementary School: Commerce
  • HighSchool: Commerce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 10, 2021
Sold by
Iarussi Timothy A
Bought by
Mitchell Aubrey Louis
Seller's Agent
Allison McClure
GA Realty LLC
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$492,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,709
Avg. Annual Appreciation
5.56%
Original Mortgage
$399,000
Outstanding Balance
$364,324
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$128,385

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Previous Owner Iarussi Timothy A $247,000
Previous Owner Shannon Homes Llc $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $399,000 0.0% $145 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $399,000 -- $145 / Sq Ft
Source: Savannah Multi-List Corporation

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

See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: CM983997

Savannah Multi-List Corporation

APN: 035A-029