NOT LISTED FOR SALE

1505 Lexington Rd Athens, GA 30605

Estimated Value: $1,229,067

0.76 Acre
$1,617,193 Price per Acre
33,106 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $225,000

Est. 446% increase in value since last sale

Current estimated payment $7,677/month

26 Days on Market

About This Lot

As of July 2020

Highly visible 0.76+/- acre parcel zoned Commercial General (C-G) on Lexington Road/Hwy 78 in Athens. Currently, there is a small 20x36 block building, office trailer, and metal carport on the property but the potential is there for so much more. The C-G zoning allows for many uses including gas station, carwash, car lot, retail, office, restaurant, hotel, and more. County water is at the front of the property and county sewer runs through the property directly behind it. Owner will also consider leasing the property—contact broker for details. Highly visible location on one of the busiest corridors in Athens. This property is located on US Hwy 78/Lexington Road just outside the Athens Perimeter at the intersection of Lexington Road and Winterville Road. It is across the road from the AMC movie theater and just minutes from shopping, restaurants, Downtown Athens, and The University of Georgia.

Last Agent to Sell the Property

Daniel Bennett

Thrive.RealEstate LLC License #345850 Listed on: 07/05/2020

Last Buyer's Agent

Daniel Bennett

Thrive.RealEstate LLC License #345850 Listed on: 07/05/2020

Property Details

Property Type

  • Land

Lot Details

  • Sloped Lot
  • Property is zoned C-G, Commercial

Schools

  • Winterville Elementary School
  • Coile Middle School
  • Cedar Shoals High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 172D 010

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Land
  • Subdivision Name: No Recorded Subdivision
  • Master Plan Zoning: C-G
  • Property Sub Type Additional: Commercial
  • Special Features: None

Exterior Features

  • Other Structures: Other
  • Acres: 0.76

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Coile Middle

Lot Info

  • Lot Size Area: 0.76
  • Parcel Number: 172D 010
  • Topography: Sloping
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial

MLS Schools

  • Elementary School: Winterville
  • HighSchool: Cedar Shoals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Fire Station Express Car Wash Llc
Bought by
Akash Dev Llc
Current Estimated Value
$1,229,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,392
Outstanding Balance
$181,740
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$1,047,327

Purchase Details

Listed on
Jul 5, 2020
Closed on
Jul 31, 2020
Sold by
Bl Kidd Properties Llc
Bought by
Fire Station Express Car Wash Llc
Seller's Agent
Daniel Bennett
Thrive.RealEstate LLC
Buyer's Agent
Daniel Bennett
Thrive.RealEstate LLC
List Price
$265,000
Sold Price
$225,000
Premium/Discount to List
-$40,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.03%

Purchase Details

Closed on
Feb 27, 2020
Sold by
Copeland Jenna Moore
Bought by
Bl Kidd Properties Llc

Purchase Details

Closed on
Aug 17, 1989
Sold by
Jones J V
Bought by
Kidd Lamar and Kidd Betty B
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
Akash Dev Llc $1,200,000 --
Fire Station Express Car Wash Llc $225,000 --
Bl Kidd Properties Llc -- --
Copeland Jenna Moore -- --
Kidd Lamar $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akash Dev Llc $228,392
Open Akash Dev Llc $694,032
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $225,000 -15.1% --
07/05/2020 07/05/20 For Sale $265,000 -- --
Source: Savannah Multi-List Corporation

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
2025 $14,616 $470,709 $118,080 $352,629
2024 $14,616 $448,307 $88,560 $359,747
2023 $14,010 $448,307 $88,560 $359,747
2022 $10,818 $339,118 $88,560 $250,558
2021 $2,984 $88,560 $88,560 $0
2020 $2,528 $531 $0 $531
2019 $2,546 $531 $0 $531
2018 $2,547 $531 $0 $531
2017 $2,513 $74,025 $69,615 $4,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM976240

Savannah Multi-List Corporation

APN: 172D-010