$230,000
SOLD OCT 17, 2023

1181 Commerce St Madison, GA 30650

2 Beds
1.5 Baths
924 Sq Ft
0.26 Acres

Recently Sold

$249 Per Sq Ft

46 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Central Heating and Cooling System
  • Morgan County Primary School Rated A-
  • Porch

About This Home

As of May 2025

Great for a first home or to use as an investment property. Updated 3-sided brick home near downtown Madison! Two bedrooms and 1.5 bathrooms. Nice size Kitchen with painted cabinets and new butcher block countertops, new range and new sink. Updated flooring and lighting throughout the home. New HVAC, new roof, new interior and exterior paint. New vanities in both bathrooms. Great home with easy access to I-20 and all the shopping and restaurants in downtown Madison!

Last Agent to Sell the Property

Ginny Vanoostrom

Algin Realty License #323991 Listed on: 08/10/2023

Last Buyer's Agent

Selling Agent Non-Member

NON MLS MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,217

Year Built

  • Built in 1980

Lot Details

  • 0.26 Acre Lot
  • Rural Setting

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 924 Sq Ft Home
  • Wood Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Carport
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,217

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: RURAL
  • Architectural Style: Ranch
  • Property Status: Standard Listing
  • Property Features: Paved Driveway
  • Location: Rural
  • Directions: From I-20 take Exit 113/GA 83. Go North 1.6 miles. Turn right onto US 278., slight right onto Ward Rd. Right onto Bell Circle, and right onto Commerce St. House on the right.
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Range
  • Levels W O Basement: 1 Story
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Estimated Heated Sq Ft: 924

Exterior Features

  • Exterior: Brick
  • Exterior Features: Porch
  • Roof: Asphalt/Comp Shingle
  • Substructure: Crawl Space

Garage/Parking

  • Garage: Carport

Utilities

  • Air Conditioner: Central Electric
  • Heat: Central
  • Sewer: City, County

Lot Info

  • Estimated Number of Acres: 0.26
  • General Zoning Class: Residential
  • Geo Subdivision: GA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
May 9, 2025
Sold by
Salmeron Emmanuel A
Bought by
Robert Pennington Land & Timber Ii Llc
Seller's Agent
Jason Strantz
Summit Realty Group
Buyer's Agent
Sherry Terrell-Alexander
RE/MAX Around Atlanta Realty
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.44%

Purchase Details

Listed on
Aug 10, 2023
Closed on
Oct 17, 2023
Sold by
American Investment Ventures Llc
Bought by
Salmeron Emmanuel A
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Views
195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$218,500
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2023
Sold by
Jenkins Rose Estate
Bought by
American Investment Ventures Llc

Purchase Details

Closed on
Jun 29, 1990
Sold by
Studdard J C
Bought by
Jenkins Rose
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $235,000 --
Warranty Deed $230,000 --
Foreclosure Deed $110,000 --
Deed $41,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $218,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $235,000 -4.1% $206 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $245,000 +6.5% $215 / Sq Ft
10/17/2023 10/17/23 Sold $230,000 -8.0% $249 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $249,900 -- $270 / Sq Ft
Source: Lake Country Board of REALTORS®

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 $2,217 $78,886 $12,000 $66,886
2023 $1,092 $37,767 $9,600 $28,167
2022 $1,084 $36,104 $9,600 $26,504
2021 $980 $32,504 $6,000 $26,504
2020 $989 $32,504 $6,000 $26,504
2019 $1,005 $32,504 $6,000 $26,504
2018 $1,011 $32,258 $6,000 $26,258
2017 $1,021 $32,078 $6,000 $26,078
2016 $906 $27,807 $6,000 $21,807
2015 $895 $28,720 $4,000 $24,720
2014 $502 $17,200 $4,000 $13,200
2013 -- $23,080 $4,000 $19,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 64482

Lake Country Board of REALTORS®

APN: M23020000