$375,000
SOLD JUL 23, 2021

1501 Harmon Dr Valdosta, GA 31601

3.35 Acres
$111,940 Price per Acre
145,926 Sq Ft Lot

Recently Sold

$220 Per Sq Ft

24% Below List Price

0 Day on Market

About This Lot

As of July 2021

Excellent 3.35-acre land/investment property for new multi-family development. Up to 60 units allowed at maximum density & rezoning from R-10 to R-M. Next to Harmon Heights Apts, now expanding. Three parcels, all adjacent. Subject property includes two homes and a shop, all rented ($1350/mo total rent, MTM leases) to provide interim income. No showings until DDP under contract. All City utilities at site, per VALOR GIS. Only $7917/unit land cost at full price with 60 units. Direct access to St. Augustine Rd main commercial corridor. Very close to Mall and many national-brand retailers, I-75, VSU, etc.

Last Agent to Sell the Property

Scott Alderman

FIRST COMMERCIAL REAL ESTATE License #109748 Listed on: 11/25/2019

Last Buyer's Agent

Scott Alderman

FIRST COMMERCIAL REAL ESTATE License #109748 Listed on: 11/25/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,947

Lot Details

  • 3.35 Acre Lot
  • Property fronts a highway
  • Northwest Facing Home
  • Property is zoned R-10

Parking

  • Driveway

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mcleod Subdivision

Listing and Financial Details

  • Assessor Parcel Number 84A021, 84B027,028

Property Details

Property Type

Land

Est. Annual Taxes

$1,947

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: State Highway
  • Lot Size Acres: 3.35
  • Lot Size: 3.35 AC
  • Road Surface Type: Paved
  • Subdivision Name: McLeod
  • Directions: St. Augustine Rd to Harmon Dr. last property on right.
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Direction Faces: Northwest

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Cable Available, High Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 145926
  • Parcel #: 84A021, 84B027,028
  • Zoning: R-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1947.27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jul 23, 2021
Sold by
Jimmys Rentals Llc
Bought by
Rowell Shaw Investments Llc
Seller's Agent
Scott Alderman
FIRST COMMERCIAL REAL ESTATE
Buyer's Agent
Scott Alderman
FIRST COMMERCIAL REAL ESTATE
List Price
$495,000
Sold Price
$375,000
Premium/Discount to List
-$120,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.69%
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2010
Sold by
Bennett Jimmy M
Bought by
Jimmys Rentals Llc

Purchase Details

Closed on
Jun 8, 2009
Sold by
Bennett Jimmy M
Bought by
Jimmys Rentals Llc

Purchase Details

Closed on
Jun 17, 2003
Sold by
Kellerman Carol P
Bought by
Bennett Jimmy M

Purchase Details

Closed on
Jul 28, 1999
Sold by
Powell Virginia Mrs
Bought by
Kellerman Carol P

Purchase Details

Closed on
Feb 22, 1989
Bought by
Powell Virginia Mrs
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 Type Sale Price Title Company
Warranty Deed $375,000 --
Quit Claim Deed -- --
Deed -- --
Deed $125,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $300,000 Commercial
Previous Owner $100,309 Unknown
Previous Owner $59,250 New Conventional
Previous Owner $133,264 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $499,900 -4.8% --
12/30/2024 12/30/24 For Sale $525,000 +40.0% --
07/23/2021 07/23/21 Sold $375,000 -24.2% $220 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $495,000 -- $290 / Sq Ft
Source: South 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 $2,004 $71,759 $6,449 $65,310
2023 $2,004 $75,069 $6,449 $68,620
2022 $856 $25,330 $6,449 $18,881
2021 $1,828 $52,568 $6,449 $46,119
2020 $1,867 $52,568 $6,449 $46,119
2019 $1,866 $52,568 $6,449 $46,119
2018 $1,890 $52,568 $6,449 $46,119
2017 $1,903 $52,568 $6,449 $46,119
2016 $1,901 $52,568 $6,449 $46,119
2015 $1,745 $52,568 $6,449 $46,119
2014 $1,774 $52,568 $6,449 $46,119
Source: Public Records

Agents Affiliated with this Home

  • Nathan Smith

    Seller's Agent in 2024

    Nathan Smith

    THE HERNDON COMPANY

    (229) 561-4712

    278 Total Sales

    Nathan Smith
    Section Image
  • Scott Alderman

    Seller's Agent in 2021

    Scott Alderman

    FIRST COMMERCIAL REAL ESTATE

    (229) 560-3862

    89 Total Sales

    Scott Alderman
    Section Image
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Map

Source: South Georgia MLS

MLS Number: 119892

APN: 0084A-021

Georgia Lowndes County Valdosta 31601

1501 Harmon Dr, Valdosta, GA

This home is located at 1501 Harmon Dr, Valdosta, GA 31601 and is currently priced at $375,000, approximately $219 per square foot. 1501 Harmon Dr is a home located in Lowndes County with nearby schools including S.L. Mason Elementary School, Valdosta Middle School, and Valdosta High School.

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