NOT LISTED FOR SALE

111 Cox Creek Rd Ellijay, GA 30540

Estimated Value: $75,000 - $749,000

2 Beds
3 Baths
3,628 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $245,000 $68 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,130/month

38 Days on Market

Highlights

  • 2 Acre Lot
  • Community Playground
  • Restaurant
  • Mountain View
  • Park
  • Property is near shops

About This Home

As of October 2016

Fantastic investment property. Great rental income! 5 units, 2BR/2b (fully rented @ $600 month!) All units have washer/dryer hook ups; 2 units with 1 car garage, 3 with private parking pads. Potential 6th unit available for renovation and additional income on-site. Walking distance to downtown Ellijay restaurants & shopping! All units have long term tenants who never pay late. Not many rentals available in this area, so vacant units rent out fast!

Last Agent to Sell the Property

Jennifer Dilbeck

RE/MAX Town and Country Listed on: 09/02/2016

RE/MAX Town and Country

Co-Listed By

Alex Lin

NOT A VALID MEMBER License #366531

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 2009

Lot Details

  • 2 Acre Lot
  • Steep Slope

Home Design

  • Frame Construction
  • Vinyl Siding

Parking

  • 2 Parking Spaces
  • Varies By Unit

Schools

  • Ellijay Elementary School
  • Clear Creek Middle School
  • Gilmer High School

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Mountain Views
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 1080B 011B

Community Details

Recreation

  • Community Playground
  • Park

Additional Features

  • 5 Units
  • Restaurant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,531

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • View: Mountain(s)

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Electric
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Near Shopping, Park, Playground, Restaurant

Schools

  • Elementary School: Ellijay
  • Middle School: Clear Creek
  • High School: Gilmer

Lot Info

  • Acres: 2.0000
  • Land/Lot: 47
  • Section G M D: 2
  • Deed Book: 00
  • Deed Page: 1
  • Lot Features: Sloped, Steep Slope
  • Lot Dimensions: 1.14
  • Parcel Number: 1080B 011B
  • Property Attached Yn: No

Tax Info

  • Taxes: 2531.00
  • Assessor Parcel Number: 1080B-011B
  • Close Date: 2016-10-27
  • Tax Year: 2015

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Ellijay
  • High School: Gilmer
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 27, 2016
Sold by
Ryan
Bought by
Morales Carlos
Seller's Agent
Jennifer Dilbeck
RE/MAX Town and Country
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$515,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,031
Avg. Annual Appreciation
8.37%

Purchase Details

Listed on
Sep 14, 2013
Closed on
Jul 31, 2014
Sold by
Community & Southern Bank
Bought by
Vancil Ryan
Seller's Agent
Meg Loudermilk
REMAX Town & Country - Ellijay
Buyer's Agent
Meg Loudermilk
REMAX Town & Country - Ellijay
List Price
$175,000
Sold Price
$200,100
Premium/Discount to List
$25,100
14.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Jul 2, 2013
Sold by
Baxter William Jerry
Bought by
Community & Southern Bank

Purchase Details

Closed on
Mar 30, 2007
Sold by
W A Hoyle Llc
Bought by
Baxter Jerry and Baxter Bennalee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2006
Sold by
Hoyle William A
Bought by
W A Hoyle Llc

Purchase Details

Closed on
Mar 18, 2005
Sold by
Cantrell Mark D
Bought by
Hoyle William A

Purchase Details

Closed on
Jun 28, 2004
Sold by
Cantrell Mark Dillar
Bought by
Cantrell Mark D and Cantrell Carol M

Purchase Details

Closed on
Nov 19, 1999
Sold by
Weeks James
Bought by
Cantrell Mark D

Purchase Details

Closed on
Jun 1, 1995
Bought by
Cantrell Mark Dillar

Purchase Details

Closed on
Jan 1, 1993
Bought by
Cantrell Mark Dillar
Source: Public Records

Range of Values:

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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
Morales Carlos $245,000 --
Vancil Ryan $200,100 --
Community & Southern Bank $175,000 --
Baxter Jerry $45,000 --
W A Hoyle Llc -- --
Hoyle William A $35,869 --
Cantrell Mark D -- --
Cantrell Mark D $3,800 --
Cantrell Mark Dillar -- --
Cantrell Mark Dillar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baxter William Jerry $152,000
Previous Owner Baxter Jerry $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2016 10/27/16 Sold $245,000 -2.0% $68 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $249,900 +24.9% $69 / Sq Ft
07/31/2014 07/31/14 Sold $200,100 +14.3% $400 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
09/14/2013 09/14/13 For Sale $175,000 -- $350 / 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
2024 $3,890 $223,720 $10,000 $213,720
2023 $4,067 $223,720 $10,000 $213,720
2022 $3,244 $184,320 $7,600 $176,720
2021 $2,929 $147,600 $7,600 $140,000
2020 $2,757 $125,360 $4,200 $121,160
2019 $2,839 $125,360 $4,200 $121,160
2018 $2,904 $126,600 $5,440 $121,160
2017 $2,411 $105,080 $4,760 $100,320
2016 $2,663 $106,080 $4,760 $101,320
2015 $2,531 $102,680 $4,760 $97,920
2014 $1,981 $89,960 $4,760 $85,200
2013 -- $95,880 $4,760 $91,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5742631

First Multiple Listing Service (FMLS)

APN: 1080B-011B