NOT LISTED FOR SALE

1940 Fears Rd Rutledge, GA 30663

Estimated Value: $1,114,050

95 Acres
$11,670 Price per Acre
4,158,238 Sq Ft Lot

Last Sold November 04, 2020

Last sale price $675,000

Est. 65% increase in value since last sale

Current estimated payment $6,672/month

51 Days on Market

Highlights

  • Barn
  • Stables
  • Rural View
  • Morgan County Primary School Rated A-
  • 95.46 Acre Lot
  • Partially Wooded Lot

About This Lot

As of November 2020

This exceptional six stall equestrian facility is located on 95 acres and features a large turf arena, multiple gated training paddocks and miles of riding tracks with four rail board fencing. The stables feature a full fan system, tack and feed room, and kitchen and bathroom facilities. Each stall include feed doors, hay racks, and Dutch doors that open to individual paddocks. Training paddocks around the stable also feature human walk through chutes for easy entry, and pasture paddocks. Additionally there are two smaller storage sheds and a 60 x 40 implement barn with concrete pad. The facility is surrounded by well - maintained gently rolling pasture with some woods, and is located just outside Historic Madison Georgia.

Last Listed By

Michael Redwine

Atlanta Fine Homes Sotheby's International License #330131 Listed on: 08/21/2020

Atlanta Fine Homes Sotheby's International

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,775

Lot Details

  • 95.46 Acre Lot
  • Property fronts a state road
  • Wood Fence
  • Corner Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Landscaped with Trees
  • Property is zoned A-5

Schools

  • Morgan County Elementary And Middle School
  • Morgan County High School

Farming

  • Barn
  • Grain Storage
  • Pasture

Horse Facilities and Amenities

  • Corral
  • Hay Storage
  • Stables
  • Riding Trail

Additional Features

  • Rural Views
  • Shed
  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 020103000

Property Details

Property Type

Land

Est. Annual Taxes

$3,775

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Developed/Zoned Agriculture
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Exterior Features

  • Other Structures: Barn(s), Storage - Grain, Storage - Hay, Shed(s), Stable(s)
  • Fencing: Wood
  • View: Rural

Schools

  • Elementary School: Morgan County
  • Middle School: Morgan County
  • High School: Morgan County

Lot Info

  • Acres: 95.4600
  • Timber: Mixed
  • Land/Lot: 26&27
  • Possible Use: Agricultural, Farm, Horses, Ranch, Recreational, Residential
  • Current Zoning: A-5
  • Deed Book: 138
  • Deed Page: 370
  • Plat Book: 6
  • Plat Page: 143
  • Current Use: Agricultural, Horses
  • Lot Features: Corner Lot, Flood Plain
  • Parcel Number: 020103000
  • Price Acre Dollar: 7071.02
  • Horse Amenities: Barn, Corral(s), Hay Storage, Pasture, Riding Trail
  • Property Attached Yn: No

Tax Info

  • Taxes: 3775.00
  • Assessor Parcel Number: 020103000
  • Close Date: 2020-11-04
  • Tax Year: 2019

MLS Schools

  • Elementary School: Morgan County
  • High School: Morgan County
  • Middle School: Morgan County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 5, 2020
Sold by
Hayes Thomas M
Bought by
Bakhtiari Majid and Ussery Tammy
Seller's Agent
Michael Redwine
Atlanta Fine Homes Sotheby's International
Buyer's Agent
HORACE JONES
Honest Realty, LLC
List Price
$779,000
Sold Price
$675,000
Premium/Discount to List
-$104,000
-13.35%
Total Days on Market
51
Current Estimated Value
$1,114,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,050
Avg. Annual Appreciation
11.83%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 8, 2020
Sold by
Bailey Charles
Bought by
Hayes Thomas M and Thomas M Hayes Rev Tr
Seller's Agent
Michael Redwine
Atlanta Fine Homes Sotheby's International
Buyer's Agent
HORACE JONES
Honest Realty, LLC
List Price
$779,000
Sold Price
$675,000
Premium/Discount to List
-$104,000
-13.35%

Purchase Details

Closed on
Aug 6, 2020
Sold by
Executor Bailey Charles
Bought by
Bailey Charles

Purchase Details

Closed on
Jan 19, 2018
Sold by
Gupta Inder
Bought by
West Toby P

Purchase Details

Closed on
Dec 18, 1987
Sold by
Lucerne Corporation
Bought by
Gupta Inder

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 Buyer Sale Price Title Company
Bakhtiari Majid $675,000 --
Hayes Thomas M -- --
Bailey Charles -- --
West Toby P $572,760 --
Gupta Inder $105,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $675,000 -13.4% --
10/11/2020 10/11/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $779,000 -- --
Source: First Multiple Listing Service (FMLS)

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 $5,595 $245,574 $212,486 $33,088
2023 $5,751 $244,705 $212,486 $32,219
2022 $5,986 $244,705 $212,486 $32,219
2021 $6,010 $244,705 $212,486 $32,219
2020 $4,936 $199,116 $166,897 $32,219
2019 $3,775 $149,829 $117,610 $32,219
2018 $2,816 $110,126 $110,126 $0
2017 $2,853 $110,126 $110,126 $0
2016 $511 $106,918 $106,918 $0
2015 $488 $95,120 $95,120 $0
2014 $475 $97,080 $97,080 $0
2013 -- $108,600 $108,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6770740

First Multiple Listing Service (FMLS)

APN: 020103000