NOT LISTED FOR SALE

122 Creek Side Dr Commerce, GA 30529

Estimated Value: $291,498 - $1,430,000

4 Beds
2 Baths
-- Sq Ft
4.78 Acres

Last Sold August 24, 2021

Last sale price $1,870,000

Current estimated payment $3,374/month

Highlights

  • 4.78 Acre Lot
  • Forced Air Heating and Cooling System
  • Energy-Efficient Windows
  • Commerce Primary School Rated A-
  • Ceiling Fan

About This Home

As of August 2021

Great Investment Opportunity!!! Located in the prime area of Commerce! Walking distance to Downtown. These 20 unit apartments are fully rented with long term tenant

Last Agent to Sell the Property

Stephen Caudell

Hammock Realty North Georgia License #357431 Listed on: 08/18/2021

Last Buyer's Agent

Stephen Caudell

Hammock Realty North Georgia License #357431 Listed on: 08/18/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 4.78 Acre Lot

Home Design

  • Duplex
  • Slab Foundation
  • Press Board Siding
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Parking Accessed On Kitchen Level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Schools

  • Commerce Primary/Elementary School
  • East Jackson Middle School
  • East Jackson Comp High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 20 Units
  • Cross Creek Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1991
  • Financing Type: Conventional
  • GreenEnergyEfficient: Windows, Insulation
  • Levels: One, Three Or More
  • Lot Size Acres: 4.78
  • Structure Type: Multi Family (5+ Units), Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space, None

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding, Press Board
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Forced Air
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Elementary School: Commerce Primary/Elementary
  • High School: East Jackson Comp
  • Middle School: East Jackson

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1

Multi Family

  • NumberOfUnitsTotal: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Aug 24, 2021
Sold by
Executor Ragsdale Charles E Jr
Bought by
Ragsdale Charles E
Seller's Agent
Stephen Caudell
Hammock Realty North Georgia
Buyer's Agent
Stephen Caudell
Hammock Realty North Georgia
List Price
$1,990,900
Sold Price
$1,870,000
Premium/Discount to List
-$120,900
-6.07%
Current Estimated Value
$603,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,266,125
Avg. Annual Appreciation
-22.79%
Original Mortgage
$1,402,500
Outstanding Balance
$58,198
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$545,677

Purchase Details

Closed on
Jan 5, 2001
Sold by
Ragsdale Charles E J
Bought by
Ragsdale Properties
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
Ragsdale Charles E $1,870,000 --
Mercy Lands Llc $1,870,000 --
Ragsdale Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercy Lands Llc $1,402,500
Closed Ragsdale Charles E $1,402,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $1,870,000 -6.1% --
08/18/2021 08/18/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $1,990,900 -- --
Source: Georgia MLS

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 $2,609 $97,680 $9,172 $88,508
2023 $2,697 $97,680 $9,172 $88,508
2022 $3,167 $97,680 $6,000 $91,680
2021 $2,505 $77,400 $6,000 $71,400
2020 $2,271 $62,680 $6,000 $56,680
2019 $2,304 $62,680 $6,000 $56,680
2018 $2,187 $60,000 $6,000 $54,000
2017 $1,974 $53,222 $6,000 $47,222
2016 $1,957 $52,502 $5,280 $47,222
2015 $2,002 $52,502 $5,280 $47,222
2014 -- $39,410 $5,280 $34,130
2013 -- $41,685 $5,280 $36,405
Source: Public Records

Agents Affiliated with this Home

  • Stephen Caudell

    Seller's Agent in 2021

    Stephen Caudell

    Hammock Realty North Georgia

    (706) 491-3245

    1 in this area

    279 Total Sales

    Stephen Caudell
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Map

Source: Georgia MLS

MLS Number: 9035470

Georgia MLS

APN: C17-002A

Georgia Jackson County Commerce 30529

122 Creek Side Dr, Commerce, GA

Not Listed for Sale

MultiFamily

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