Seller's Agent in 2024
Mark Spain
Mark Spain
(678) 537-8980
9 in this area
9,794 Total Sales
1123 Highway 105 Demorest, GA 30535
Estimated Value: $260,000 - $293,000
4
Beds
1
Bath
2,244
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Patio
- Private Rear Entry
- North Habersham Middle School Rated A-
- Laundry Room
- 1-Story Property
About This Home
As of March 2024Discover the untapped potential of 1123 Georgia 105 in the heart of Demorest, Georgia. This 4-bedroom, 1-bath property is a blank canvas awaiting a visionary investor or flipper ready to undertake a total renovation. With its spacious layout and prime location, this home offers endless possibilities to reimagine, redesign, and transform it into a modern masterpiece or a lucrative rental opportunity. Nestled in a desirable community known for its charm and convenience, the property is ideally situated near local amenities, shopping, dining, and entertainment, with easy access to major thoroughfares. The expansive lot provides a foundation for creating stunning outdoor living spaces, enhancing curb appeal, and adding value. This property represents a unique opportunity to invest in a high-demand area, with the potential for significant returns through strategic upgrades and thoughtful modernization. 1123 Georgia 105 is not just a renovation project; it's a chance to craft a standout property that capitalizes on its location and potential, making it an ideal investment for those looking to flip and profit or establish a standout rental in Demorest.
Last Agent to Sell the Property
Mark Spain Real Estate License #178501 Listed on: 02/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $775
Year Built
- Built in 1973
Lot Details
- 1.3 Acre Lot
- Lot Dimensions are 183x289x4x89x89x286
- Property fronts a county road
- Back and Front Yard
Parking
- 2 Carport Spaces
Home Design
- Traditional Architecture
- Brick Foundation
- Shingle Roof
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2,244 Sq Ft Home
- 1-Story Property
- Private Rear Entry
- Family Room
- Carpet
- Fire and Smoke Detector
- Dishwasher
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 1 Full Bathroom
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Patio
Schools
- Fairview - Habersham Elementary School
- South Habersham Middle School
- Habersham Central High School
Utilities
- Central Heating and Cooling System
- 220 Volts
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 022 062
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2024
Closed on
Mar 18, 2024
Sold by
Borman Sarah
Bought by
Borman Gregory
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Laryssa Stevens
Keller Williams Lanier Partners
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,533
Avg. Annual Appreciation
4.16%
Original Mortgage
$247,350
Outstanding Balance
$243,343
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$30,190
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Borman Gregory | -- | -- | |
| Borman Sarah | $255,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Borman Sarah | $247,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2024 03/18/24 | Sold | $255,000 | -1.9% | $114 / Sq Ft |
| 02/27/2024 02/27/24 | Pending | -- | -- | -- |
| 02/16/2024 02/16/24 | For Sale | $260,000 | -- | $116 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $1,842 | $83,630 | $16,635 | $66,995 |
| 2024 | $1,869 | $72,000 | $15,476 | $56,524 |
| 2023 | $776 | $57,280 | $10,316 | $46,964 |
| 2022 | $594 | $50,788 | $10,316 | $40,472 |
| 2021 | $466 | $44,016 | $7,736 | $36,280 |
| 2020 | $403 | $39,060 | $7,736 | $31,324 |
| 2019 | $404 | $39,060 | $7,736 | $31,324 |
| 2018 | $395 | $39,060 | $7,736 | $31,324 |
| 2017 | $0 | $34,004 | $5,160 | $28,844 |
| 2016 | $279 | $85,010 | $5,160 | $28,844 |
| 2015 | -- | $85,010 | $5,160 | $28,844 |
| 2014 | $267 | $83,730 | $5,160 | $28,332 |
| 2013 | -- | $33,492 | $5,160 | $28,332 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Spain
-
Taylor Carroll
T
Seller Co-Listing Agent in 2024
Taylor Carroll
Mark Spain
(706) 968-1575
5 in this area
69 Total Sales
-
Laryssa Stevens
Buyer's Agent in 2024
Laryssa Stevens
Keller Williams Lanier Partners
(470) 902-9257
6 in this area
87 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 7334051
APN: 022-062
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