NOT LISTED FOR SALE

2261 Barnett Shoals Rd Watkinsville, GA 30677

Estimated Value: $5,451,815

525 Acres
$10,384 Price per Acre
22,869,000 Sq Ft Lot

Last Sold May 06, 2021

Last sale price $3,958,500

Est. 38% increase in value since last sale

Current estimated payment $28,886/month

1,390 Days on Market

Highlights

  • River Access
  • Home fronts a creek
  • No Heating
  • Colham Ferry Elementary School Rated A
  • No HOA

About This Lot

As of May 2021

This investment grade property offers large acreage in the highly desirable Oconee County. Only 5 minutes from downtown Watkinsville and 15 minutes from downtown Athens, this property is ideally located between two growing areas. It is bounded on the north by just under a mile of frontage on the Oconee River as well as a creek. There is 4,323 feet of paved road frontage on Barnett Shoals Rd. Across the river is the Warnell School of Forestry and Natural Resources' Whitehall Forest. The property is currently timbered and has pasture suitable for livestock, but has tremendous future potential.

Last Agent to Sell the Property

Jim Belger

Nichols Land & Investment License #34934 Listed on: 06/16/2017

Last Buyer's Agent

Jim Belger

Nichols Land & Investment License #34934 Listed on: 06/16/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,787

Lot Details

  • Home fronts a creek
  • Sloped Lot
  • Zoning described as Agricutural

Schools

  • Oconee County Elementary School
  • Oconee Middle School
  • Oconee High School

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number D01 002

Community Details

Overview

  • No Home Owners Association

Recreation

  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$29,787

Lot Details

0

Listing Details

  • Property Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: No Recorded Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Cattle, Horses, Tree Farm

Exterior Features

  • Acres: 525.0
  • Waterfront Features: Creek, River Access

Utilities

  • Sewer: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • HeatingYN: No
  • Utilities: Sewer Not Available
  • Water Source: Public, None

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Oconee Middle School

Lot Info

  • Lot Size Area: 525.0
  • Parcel Number: D01 002
  • Topography: Sloping
  • ResoLotSizeUnits: Acres
  • Zoning Description: Agricutural

Tax Info

  • Tax Annual Amount: 29787.0

MLS Schools

  • Elementary School: Oconee County Elementary
  • HighSchool: Oconee High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2017
Closed on
May 6, 2021
Sold by
Griffeth Jones Partners Lllp
Bought by
2261 Barnett Shoals Llc
Seller's Agent
Jim Belger
Nichols Land & Investment
Buyer's Agent
Jim Belger
Nichols Land & Investment
List Price
$5,775,000
Sold Price
$3,958,500
Premium/Discount to List
-$1,816,500
-31.45%
Current Estimated Value
$5,451,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,493,315
Avg. Annual Appreciation
7.41%
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
2261 Barnett Shoals Llc $3,958,500 --
2261 Barnett Shoals Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2021 05/06/21 Sold $3,958,500 -31.5% --
04/06/2021 04/06/21 Pending -- -- --
06/16/2017 06/16/17 For Sale $5,775,000 -- --
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
2024 $3,526 $2,055,998 $2,055,643 $355
2023 $3,508 $1,787,890 $1,787,524 $366
2022 $3,793 $1,615,229 $1,614,909 $320
2021 $3,984 $1,521,621 $1,521,299 $322
2020 $3,877 $1,559,717 $1,559,385 $332
2019 $35,973 $1,551,503 $1,551,276 $227
2018 $33,409 $1,410,486 $1,410,247 $239
2017 $29,788 $1,257,607 $1,257,368 $239
2016 $29,788 $1,257,610 $1,257,365 $245
2015 $3,441 $1,257,616 $1,257,365 $251
2014 -- $1,128,416 $1,128,416 $0
2013 -- $1,269,580 $1,269,580 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM958249

Savannah Multi-List Corporation

APN: D01-0-02