NOT LISTED FOR SALE

225 Madison St Commerce, GA 30529

Estimated Value: $288,366 - $340,000

3 Beds
2 Baths
1,864 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $97,000 $52 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $1,835/month

41 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 1 Car Detached Garage
  • Commerce Primary School Rated A-
  • Screened Porch
  • Central Heating and Cooling System

About This Home

As of December 2016

DOWNTOWN COMMERCE (JACKSON CO.) - FORECLOSURE- 4-SIDED BRICK RANCH HOME ON LARGE WOODED LOT. 3BR, 2BA, FAMILY ROOM, SEPERATE DEN WITH FIREPLACE, KITCHEN/DINING ROOM COMBO; LAUNDRY ROOM & SEPERATE UTILITY ROOM; DETACHED ONE-CAR GARAGE WITH WORKSHOP - OUTBLDG. REMAINS WITH PROPERTY. NEEDS SOME TLC/UPDATING BUT GREAT POTENTIAL!! PROPERTY SOLD AS IS - NO REPAIRS - NO DISCLOSURE; ALL UTILITIES SERVICED BY CITY OF COMMERCE. Property was built prior to 1978 and lead-based paint potentially exists.

Last Agent to Sell the Property

Katie Bishop

First Class Realty License #160433 Listed on: 09/29/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1971

Lot Details

  • 0.36

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Commerce Elementary And Middle School
  • Commerce High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C02 136E

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,536

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • GarageYN: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1971
  • Subdivision Name: No Recorded Subdivision
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Vinyl
  • Tax Year: 2015
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Acres: 0.36
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Porch
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Middle Or Junior School: Commerce

Lot Info

  • Lot Size Area: 0.36
  • Parcel Number: C02 136E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1536.0

MLS Schools

  • Elementary School: Commerce
  • HighSchool: Commerce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Dec 9, 2016
Bought by
Trammell Debra and Trammell Erin
Seller's Agent
Katie Bishop
First Class Realty
List Price
$99,000
Sold Price
$97,000
Premium/Discount to List
-$2,000
-2.02%
Current Estimated Value
$313,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,092
Avg. Annual Appreciation
13.77%

Purchase Details

Closed on
Jul 13, 2016
Bought by
Sec Of Veterans Affair

Purchase Details

Closed on
Jul 5, 2016
Sold by
Alton Ricky
Bought by
Regions Mtg

Purchase Details

Closed on
Dec 21, 2009
Sold by
Bennett Tina M
Bought by
Adams Ricky Alton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,558
Interest Rate
4.82%
Mortgage Type
VA

Purchase Details

Closed on
Apr 22, 2004
Sold by
Dabbs Mozelle T
Bought by
Bennett Tina M Klar Debra D
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
Trammell Debra $97,000 --
Sec Of Veterans Affair $60,516 --
Regions Mtg $60,516 --
Adams Ricky Alton $119,000 --
Bennett Tina M Klar Debra D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Ricky Alton $121,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $97,000 -2.0% $52 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $99,000 -- $53 / 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 $2,564 $88,560 $15,920 $72,640
2023 $2,427 $77,480 $15,920 $61,560
2022 $1,970 $61,440 $11,920 $49,520
2021 $1,847 $61,440 $11,920 $49,520
2020 $1,883 $52,560 $11,920 $40,640
2019 $1,911 $52,560 $11,920 $40,640
2018 $1,832 $50,880 $11,920 $38,960
2017 $1,129 $46,919 $11,952 $34,967
2016 $1,502 $40,887 $10,896 $29,991
2015 $1,536 $40,888 $10,896 $29,991
2014 $1,303 $34,494 $10,896 $23,598
2013 -- $40,143 $10,896 $29,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM952537

Savannah Multi-List Corporation

APN: C02-136E