NOT LISTED FOR SALE

1509 Lem Edwards Rd Colbert, GA 30628

Estimated Value: $304,988 - $349,000

4 Beds
2 Baths
1,803 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $295,000 $164 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,986/month

20 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Madison County High School Rated A-
  • Carpet

About This Home

As of June 2023

Come home to the country, Madison County country. This spacious ranch enjoys a peaceful 1.13 acre setting in beautiful Madison County, Georgia. Large oak trees line the lot, offering modest shade to the generous yard space in both the front and the back of the property. The home sits almost in the middle of the lot, with ample parking and two storage buildings. The exterior features of the home are more than accommodating. The widened front steps create a quaint entryway and small usable porch at the front of the home. Additionally an oversized back deck has a doorway into the kitchen or a French door entering the family room. Inside the home, the common areas are mostly open and include a family room, dining room and kitchen. All four bedrooms are on the same side of the home, with one being a primary bedroom with en suite. The home has mostly standard finishes other than a tile backsplash in the kitchen and the tubs in both bathrooms have tile surround. 1800 sq. is a great canvas for a little customization and creativity to make it your "HOME"

Last Buyer's Agent

Nate Howes

Greater Athens Properties License #413389

Greater Athens Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1981

Lot Details

  • 1.13

Parking

  • 6 Parking Spaces

Interior Spaces

  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Colbert Elementary School
  • Madison County Middle School
  • Madison County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0047 071

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,150

Year Built

Built in 1981

Lot Details

0

Listing Details

  • GarageYN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1981
  • Subdivision Name: No Recorded Subdivision
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Vinyl
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Total Bedrooms: 6
  • Stories: 1

Exterior Features

  • Other Structures: Shed(s)
  • Waterfront: No
  • Acres: 1.13
  • Home Warranty: No
  • Foundation Details: Crawlspace

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Madison County Middle

Lot Info

  • Lot Size Area: 1.13
  • Parcel Number: 0047 071
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2150.0

MLS Schools

  • Elementary School: Colbert
  • HighSchool: Madison County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Jun 26, 2023
Sold by
Bowen Paul Lee
Bought by
Herrington Phillip Anthony and Herrington Amanda
Buyer's Agent
Nate Howes
Greater Athens Properties
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Views
347
Current Estimated Value
$333,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,747
Avg. Annual Appreciation
5.64%
Original Mortgage
$289,656
Outstanding Balance
$283,427
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$50,320

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 9, 2019
Sold by
Shelnutt Roger D
Bought by
Bowen Paul Lee
Seller's Agent
Carol Williams
Coldwell Banker Upchurch Realty
Buyer's Agent
Michelle Watson
Give Back Real Estate
List Price
$157,500
Sold Price
$160,500
Premium/Discount to List
$3,000
1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%
Original Mortgage
$157,592
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 27, 2018
Sold by
Rac Properties Of Athens Inc
Bought by
Shelnutt Roger D
Seller's Agent
Abbey Garven
RAC Properties of Athens, Inc.
Buyer's Agent
Sean Hayes
Virtual Properties Realty
List Price
$139,990
Sold Price
$144,000
Premium/Discount to List
$4,010
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$141,391
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 1, 2017
Closed on
Dec 19, 2017
Sold by
Elrod Herschel Warren
Bought by
Rac Properties Of Athens Inc
Seller's Agent
Taya Parham
At Home Real Estate
Buyer's Agent
Robert Scott
RAC Properties of Athens, Inc.
List Price
$79,900
Sold Price
$45,000
Premium/Discount to List
-$34,900
-43.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
836.36%

Purchase Details

Closed on
Jan 4, 1996
Bought by
Elrod Herschel W
Source: Public Records

Range of Values:

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Average Value
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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
Herrington Phillip Anthony $295,000 --
Bowen Paul Lee $160,500 --
Shelnutt Roger D $144,000 --
Rac Properties Of Athens Inc $45,000 --
Elrod Herschel W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrington Phillip Anthony $289,656
Previous Owner Bowen Paul Lee $157,592
Previous Owner Shelnutt Roger D $141,391
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $295,000 -1.6% $164 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $299,900 +86.9% $166 / Sq Ft
05/09/2019 05/09/19 Sold $160,500 +1.9% $89 / Sq Ft
04/12/2019 04/12/19 For Sale $157,500 +9.4% $87 / Sq Ft
06/28/2018 06/28/18 Sold $144,000 +2.9% $80 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $139,990 +211.1% $78 / Sq Ft
12/19/2017 12/19/17 Sold $45,000 -43.7% $25 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $79,900 -- $44 / Sq Ft
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
2024 $2,589 $99,463 $9,635 $89,828
2023 $2,797 $91,635 $8,029 $83,606
2022 $2,151 $77,975 $5,521 $72,454
2021 $1,799 $58,919 $5,520 $53,399
2020 $1,786 $58,116 $4,718 $53,398
2019 $1,769 $56,884 $4,718 $52,166
2018 $561 $32,644 $4,316 $28,328
2017 $900 $31,269 $4,014 $27,255
2016 $461 $26,052 $3,649 $22,403
2015 $460 $26,052 $3,649 $22,403
2014 $456 $25,841 $3,665 $22,176
2013 -- $25,852 $3,676 $22,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM1006016

Savannah Multi-List Corporation

APN: 0047-071