NOT LISTED FOR SALE

123 S Emerald Way Sparta, GA 31087

Estimated Value: $150,325 - $316,000

0.99 Acre
$239,840 Price per Acre
43,124 Sq Ft Lot

Last Sold December 29, 2022

Last sale price $250,000

Est. 5% decrease in value since last sale

Current estimated payment $1,427/month

10 Days on Market

Highlights

  • Private Waterfront
  • Community Lake
  • Community Playground
  • Lake View
  • Clubhouse
  • Open Lot

About This Lot

As of December 2022

WOW WHAT A VIEW! This beautiful lake property is too good to be true! In fact, it's two lots at an amazing price. Property has a Sparta address but is located in BALDWIN COUNTY so county water is available. Located near the airport islands, this view is amazing, the water is gorgeous and the lots are on the main lake (river channel) so the water quality is hard to beat. Lot is cleared with a new seawall and rip rap, ready to build upon, and is perfect for a rambling ranch style or multi-story looking out over big water. Erin Shores is a nice, SAFE neighborhood with a pavilion, tennis court and playground area. The HOA fee for each lot is $180.00 per year. Lots to be sold together. The sunsets will never end with this view - grab it while it lasts!

Last Agent to Sell the Property

Kathryn McGiboney

HRP Realty License #357408 Listed on: 11/30/2022

Last Buyer's Agent

Alan Haley

Lakeside Realty Company License #175802

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,028

Lot Details

  • 0.99 Acre Lot
  • Private Waterfront
  • Lake Front
  • Home fronts a seawall
  • Property fronts a private road
  • Open Lot
  • Sloped Lot
  • Cleared Lot
  • 2 Lots in the community

HOA Fees

  • $15 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Oak Hill Middle School
  • Baldwin High School

Utilities

  • Propane
  • Septic Tank

Listing and Financial Details

  • Tax Lot 86/87

Community Details

Overview

  • Erin Shores Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Playground

Property Details

Property Type

Land

Est. Annual Taxes

$1,028

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Lot Size Acres: .99
  • Other Sturctures: None
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Land Use Restrictions: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Feature Name: Lake Sinclair
  • Price Per Square Foot: 252525
  • Possible Use: Residential

Exterior Features

  • Lot Features: Open Lot, Sloped
  • View: Lake
  • Waterfront Features: Lake, Private, Seawall

Utilities

  • Sewer: None, Septic Tank
  • Utilities: Electricity Available, Propane
  • Water Source: None, Public

Condo/Co-op/Association

  • Annual Association Fee: 180
  • Association: Yes
  • Community Features: Clubhouse, Lake, None, Playground

Schools

  • Elementary School: Other
  • High School: Baldwin
  • Middle School: Oak Hill
  • Elementary School: Other
  • Middle School: Oak Hill
  • High School: Baldwin

Lot Info

  • Lot: 86/87
  • Total Lots: 2
  • Deed Book: 1454
  • Deed Page: 533-547
  • CurrentUse: Unimproved

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Dec 29, 2022
Sold by
Layne Investment Grp Llc
Bought by
Cronic Todd and Cronic Darlene
Seller's Agent
Kathryn McGiboney
HRP Realty
Buyer's Agent
Alan Haley
Lakeside Realty Company
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
3
Current Estimated Value
$237,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,558
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
Mar 31, 2021
Sold by
Creecy John W
Bought by
Layne Investment Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 1998
Sold by
Lsv Llc
Bought by
Creecy John W

Purchase Details

Closed on
Jun 19, 1997
Sold by
Gregory James Michae
Bought by
Lsv Llc

Purchase Details

Closed on
Nov 7, 1994
Bought by
Gregory James Michae
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 Buyer Sale Price Title Company
Cronic Todd $130,000 --
Layne Investment Grp Llc $75,000 --
Creecy John W $53,000 --
Lsv Llc $54,200 --
Gregory James Michae $28,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Layne Investment Grp Llc $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $250,000 -5.7% --
12/10/2022 12/10/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $265,000 -- --
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 $1,028 $42,164 $38,620 $3,544
2023 $863 $35,404 $32,184 $3,220
2022 $756 $30,000 $30,000 $0
2021 $854 $32,160 $32,160 $0
2020 $843 $32,160 $32,160 $0
2019 $844 $32,160 $32,160 $0
2018 $850 $32,080 $32,080 $0
2017 $775 $35,760 $35,760 $0
2016 $969 $36,000 $36,000 $0
2015 $971 $36,000 $36,000 $0
2014 $972 $36,000 $36,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10114057

Georgia MLS

APN: 102B-086