NOT LISTED FOR SALE

1070 Old Magnolia Way Canton, GA 30115

Estimated Value: $177,000

24 Acres
$7,375 Price per Acre
1,045,440 Sq Ft Lot

Last Sold August 30, 2019

Last sale price $1,285,000 $821 Per Sq Ft

Current estimated payment $1,109/month

79 Days on Market

Highlights

  • 24 Acre Lot
  • Creek On Lot
  • Separate Shower in Primary Bathroom
  • Rusk Middle School Rated A
  • Ranch Style House
  • Landscaped with Trees

About This Lot

As of August 2019

Rare find. Beautiful 24 acres of land with Sewer access on property. Partially in the City of Holly Springs & ready for development. Property recently timbered and logging roads provide easy access. Sequoyah High District. Development possibilities: 1)Rezone and develop as single family homes 2) Rezone and develop as townhomes 3) Since a portion of the property adjoins industrial, commercial is a possibility but more importantly positions this property to serve as a transition from industrial to rural lots justifying dense residential development. Two road Frontages.

Last Agent to Sell the Property

Joe Porter

Northgate Realty Brokers, LLC. License #274970 Listed on: 08/07/2018

Last Buyer's Agent

Brandon Anderson

Atlanta Fine Homes Sotheby's International License #300032

Atlanta Fine Homes Sotheby's International

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $999

Year Built

  • Built in 1935

Lot Details

  • 24 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned Dup

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Schools

  • Holly Springs - Cherokee Elementary School
  • Dean Rusk Middle School
  • Sequoyah High School

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Family Room
  • Creek On Lot

Listing and Financial Details

  • Assessor Parcel Number 15N14D 132

Property Details

Property Type

Land

Est. Annual Taxes

$999

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Current Classification: Undeveloped/Zoned Residential
  • Property Condition: Resale
  • Year Built: 1935
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Family Room

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Lot Info

  • Acres: 24.0000
  • Timber: Hardwoods
  • Possible Use: Industrial, Multi-Family, Residential
  • Section G M D: 2nd
  • Current Zoning: Dup
  • Current Use: Residential
  • House On Property: Yes
  • Lot Features: Creek On Lot, Rolling Slope
  • Lot Dimensions: 24 +/- Acres
  • Parcel Number: 15N14D 132
  • Price Acre Dollar: 53541.67
  • Property Attached Yn: No

Tax Info

  • Taxes: 999.00
  • Tax Year: 2017

MLS Schools

  • Elementary School: Holly Springs - Cherokee
  • High School: Sequoyah
  • Middle School: Dean Rusk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Aug 30, 2019
Sold by
Cedar Pacific Llc
Bought by
Rcm Old Magnolia Llc
Seller's Agent
Joe Porter
Northgate Realty Brokers, LLC.
Buyer's Agent
Brandon Anderson
Atlanta Fine Homes Sotheby's International
List Price
$1,632,000
Sold Price
$1,285,000
Premium/Discount to List
-$347,000
-21.26%
Current Estimated Value
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,108,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Rcm Old Magnolia Llc -- --
Rcm Old Magnolia Llc -- --
Cedar Pacific Llc $1,285,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $1,285,000 -21.3% $821 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $1,632,000 0.0% $1,042 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $1,632,000 -- $1,042 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2020 $8 $16,800 $16,800 $0
2019 -- $35,040 $16,800 $18,240
2018 -- $34,320 $16,800 $17,520
2017 -- $86,700 $16,800 $17,880
2016 -- $79,600 $15,200 $16,640
2015 -- $75,400 $13,200 $16,960
2014 -- $70,000 $11,400 $16,600
Source: Public Records

Agents Affiliated with this Home

  • Joe Porter

    Seller's Agent in 2019

    Joe Porter

    Northgate Realty Brokers, LLC.

    (770) 560-9049

    6 in this area

    90 Total Sales

    Joe Porter
    Section Image
  • Brandon Anderson

    Buyer's Agent in 2019

    Brandon Anderson

    Atlanta Fine Homes Sotheby's International Realty

    (404) 313-1378

    21 Total Sales

    Brandon Anderson
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6054856

First Multiple Listing Service (FMLS)

APN: 15N14D-00000-132-000-0000

Georgia Cherokee County Canton 30115

1070 Old Magnolia Way, Canton, GA

Not Listed for Sale

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