NOT LISTED FOR SALE

Estimated Value: $88,000 - $370,000

0.49 Acre
$339,276 Price per Acre
21,344 Sq Ft Lot

Last Sold September 28, 2021

Last sale price $75,000 $38 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $981/month

90 Days on Market

About This Lot

As of September 2021

Prime almost 1/2 acre tract of land in downtown Commerce featuring double road frontage on North Elm St and Andy St. Currently zoned Residential but future land use shows it being Commercial. Located between Regions Bank and gas station on the corner of North Elm Street and Jefferson Street. City of Commerce utilities available and walking distance to downtown restaurants. Convenient to I-85, Highway 441, and the Tanger Outlet Malls.

Last Agent to Sell the Property

Chad Knight

Knoblock & Associates Inc. License #304309 Listed on: 05/28/2021

Last Buyer's Agent

Ellen McLemore

Five Market Realty LLC License #410029

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $794

Year Built

  • 1941

Lot Details

  • 0.49 Acre Lot
  • Zoning described as Agricultural

Schools

  • Commerce Primary/Elementary School
  • Commerce Middle School
  • Commerce High School

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$794

Year Built

1941

Lot Details

0

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Lot Size Acres: .49
  • Property Sub-Type: Residential Lot
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1941

Interior Features

  • Possible Use: Commercial, Residential

Utilities

  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Water Available

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Commerce Primary/Elementary
  • High School: Commerce
  • High School Bus: Yes
  • Middle School: Commerce
  • Middle School Bus: Yes
  • Elementary School: Commerce Primary/Elementary
  • Middle School: Commerce
  • High School: Commerce

Lot Info

  • Deed Book: 71V
  • Deed Page: 397
  • Plat Book: 10
  • Plat Page: 104
  • Zoning Description: Agricultural

Tax Info

  • Year: 2020
  • Tax Annual Amount: 794

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Sep 28, 2021
Sold by
Denton Betty
Bought by
Chang Peter S
Seller's Agent
Chad Knight
Knoblock & Associates Inc.
Buyer's Agent
Ellen McLemore
Five Market Realty LLC
List Price
$75,000
Sold Price
$75,000
Total Days on Market
90
Current Estimated Value
$166,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,245
Avg. Annual Appreciation
23.86%

Purchase Details

Closed on
Oct 11, 2006
Sold by
Not Provided
Bought by
Denton Betty
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 Buyer Sale Price Title Company
Chang Peter S $75,000 --
Denton Betty -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $75,000 -6.3% $38 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $80,000 +6.7% $41 / Sq Ft
05/28/2021 05/28/21 For Sale $75,000 -- $38 / Sq Ft
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 $1,188 $43,040 $43,040 $0
2023 $1,188 $86,120 $86,120 $0
2022 $711 $21,920 $21,920 $0
2021 $709 $21,920 $21,920 $0
2020 $794 $21,920 $21,920 $0
2019 $806 $21,920 $21,920 $0
2018 $799 $21,920 $21,920 $0
2017 $813 $21,921 $21,921 $0
2016 $937 $54,594 $21,921 $32,673
2015 $646 $43,245 $10,572 $32,673
2014 $603 $40,678 $10,572 $30,106
2013 -- $40,677 $10,572 $30,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8987112

Georgia MLS

APN: C15-073