NOT LISTED FOR SALE

10803 Boardtown Rd Cherry Log, GA 30522

Cherry Log Area

Estimated Value: $171,000 - $353,000

2 Beds
2 Baths
-- Sq Ft
0.98 Acre Lot

Sale Details

Date Sold: November 22, 2022

Last sale price $158,000

Est. 51% increase in value since last sale

Current estimated payment $1,361 / mo

10 Days on Market

Highlights

  • Rural View
  • Accessible Approach with Ramp
  • 1-Story Property

About This Home

As of November 2022

There is a huge need for traditional rentals in Gilmer County. Significant tenant population that competes for very few long term rental options. Great long term income opportunity here. Soon to be month to month at $850 per month per unit. Improve the units and bring rental rates up to market at 1100-1300 per side. Everything is separately metered. Tenants pay all utilties. No showings until due diligence period.

Last Agent to Sell the Property

Jimmy Stainback

RB Realty License #379827 Listed on: 10/21/2022

Last Buyer's Agent

CHRISTINA YOUNG

Keller Williams Elevate License #313001

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 1970

Lot Details

  • 0.98

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Fixer Upper
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Rural Views

Schools

  • Gilmer High School

Utilities

  • Heating System Uses Propane
  • Underground Utilities
  • Private Water Source
  • Septic Tank

Additional Features

  • Accessible Approach with Ramp
  • 42,689 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3103 039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$748

Year Built

Built in 1970

Lot Details

0.98 Acres

Listing Details

  • Standard Status: Closed
  • Legal Description: REAL ESTATE
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Fixer Upper
  • Year Built: 1970
  • Accessibility Features: Accessible Approach with Ramp
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Block
  • Roof Type: Metal
  • View: Rural

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Heating: Propane
  • Utilities: Underground Utilities, Water Available

Lot Info

  • Acres: 0.9800
  • Lot Dimensions: x
  • Parcel Number: 3103 039
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 748.00
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Gilmer - Other
  • High School: Gilmer
  • Middle School: Gilmer - Other

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 22, 2022
Sold by
Bought by
Seller's Agent
Jimmy Stainback
RB Realty
Buyer's Agent
CHRISTINA YOUNG
Keller Williams Elevate
List Price
$175,000
Sold Price
$158,000
Premium/Discount to List
-$17,000
-9.71%
Views
21
Current Estimated Value
$237,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,848
Avg. Annual Appreciation
11.69%
Original Mortgage
$223,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2022
Closed on
Oct 21, 2022
Sold by
Bought by
Seller's Agent
Jimmy Stainback
RB Realty
Buyer's Agent
CHRISTINA YOUNG
Keller Williams Elevate
List Price
$175,000
Sold Price
$158,000
Premium/Discount to List
-$17,000
-9.71%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2022
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2022
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2016
Sold by
Bought by

Purchase Details

Closed on
May 29, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cherry Log, GA

  • Susan Phillips Real Estate Agent - North Georgia Cabins & Land, LLC.

    Susan Phillips

    North Georgia Cabins & Land, LLC.

    (762) 525-6711

    63 Total Sales

    3 in Cherry Log

    $350K - $625K Price Range

    Susan Phillips
     Section Image
  • Audrey Whitehead Real Estate Agent - Blue Ridge Realty Inc. / GA Corp.

    Audrey Whitehead

    Blue Ridge Realty Inc. / GA Corp.

    (706) 406-6702

    84 Total Sales

    10 in Cherry Log

    $15K - $960K Price Range

    Audrey Whitehead
     Section Image
  • Rick Dillard Real Estate Agent - ReMax Town & Ctry-Downtown

    Rick Dillard

    ReMax Town & Ctry-Downtown

    (912) 574-2094

    45 Total Sales

    6 in Cherry Log

    $393K - $675K Price Range

    Rick Dillard
     Section Image
  • Sam Dart Real Estate Agent - Warrior Realty Group

    Sam Dart

    Warrior Realty Group

    (833) 560-0099

    44 Total Sales

    1 in Cherry Log

    $374,000 Price

    Sam Dart
     Section Image
  • Crystal Chastain Real Estate Agent - RE/MAX Town & Country

    Crystal Chastain

    RE/MAX Town & Country

    (706) 971-7793

    156 Total Sales

    3 in Cherry Log

    $120K - $420K Price Range

    Crystal Chastain
     Section Image
  • Maggie Jett Real Estate Agent - Compass

    Maggie Jett

    Compass

    (888) 671-9284

    33 Total Sales

    2 in Cherry Log

    $520K - $562K Price Range

    Maggie Jett
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$158,000 --
$110,000 --
-- --
-- --
-- --
-- --
-- --
$105,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $249,000
Closed $223,000
Previous Owner $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $158,000 -9.7% --
10/31/2022 10/31/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $175,000 -- --
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,193 $77,240 $7,800 $69,440
2024 $1,072 $69,160 $7,800 $61,360
2023 $1,011 $69,160 $7,800 $61,360
2022 $791 $44,960 $5,000 $39,960
2021 $748 $37,680 $4,880 $32,800
2020 $793 $36,040 $6,120 $29,920
2019 $422 $18,620 $6,120 $12,500
2018 $427 $18,620 $6,120 $12,500
2017 $1,297 $52,720 $15,000 $37,720
2016 $344 $44,872 $15,000 $29,872
2015 $1,091 $44,240 $13,360 $30,880
2014 $336 $44,720 $13,360 $31,360
2013 -- $46,720 $13,360 $33,360
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Stainback Real Estate Agent - RB Realty

    Seller's Agent in 2022

    Jimmy Stainback

    RB Realty

    (678) 559-7512

    37 Total Sales

    Jimmy Stainback
    Section Image

  • C

    Buyer's Agent in 2022

    CHRISTINA YOUNG

    Keller Williams Elevate

    85 Total Sales

    CHRISTINA YOUNG
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7133429

First Multiple Listing Service (FMLS)

APN: 3103-039

Georgia Gilmer County Cherry Log 30522

10803 Boardtown Rd, Cherry Log, GA

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