$356,000
SOLD APR 28, 2016

2381 Hestertown Rd Madison, GA 30650

57 Acres
$6,204 Price per Acre
2,499,473 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

21% Below List Price

169 Days on Market

Highlights

  • No HOA
  • Morgan County Primary School Rated A-
  • Forced Air Heating and Cooling System

About This Lot

As of January 2017

Privacy on 57+ acres w 3br/3ba passive solar home, airstrip & plane hangar! Beautiful acreage land, approx 86% wooded with tree farm. Pine trees can be harvested for extra income. Paths for horses, 4-wheelers, or golf cart wind through the woods. Passive Solar home includes brick floors on the lower level to absorb the winter sun and create heat for the house. Electric bill avg. $105.76/mo. HVAC and roof about 3 years old. Property in Conservation Use to keep taxes low. Same listing as #946622

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,459

Lot Details

  • Zoning described as Agricutural

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005 001

Property Details

Property Type

Land

Est. Annual Taxes

$1,459

Lot Details

0

Listing Details

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

Interior Features

  • Possible Use: Tree Farm

Exterior Features

  • Other Structures: Other
  • Acres: 57.38

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Morgan County

Lot Info

  • Lot Size Area: 57.38
  • Parcel Number: 005 001
  • ResoLotSizeUnits: Acres
  • Zoning Description: Agricutural

Tax Info

  • Tax Annual Amount: 1459.0

MLS Schools

  • Elementary School: Morgan County
  • HighSchool: Morgan County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2019
Sold by
Gray David S
Bought by
Gray Family Liv Tr
Current Estimated Value
$934,648

Purchase Details

Closed on
Dec 20, 2017
Sold by
Gray David S
Bought by
Meadows Elizabeth Anne and Meadows Mark Thomas

Purchase Details

Listed on
Jul 29, 2016
Closed on
Jan 11, 2017
Sold by
David S
Bought by
Gray David S and Gray Jan E
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$284,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2015
Closed on
Jun 1, 2016
Sold by
Hendrix S Charles
Bought by
Hendrix Resources Llc
List Price
$449,900
Sold Price
$356,000
Premium/Discount to List
-$93,900
-20.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.35%

Purchase Details

Listed on
Oct 12, 2015
Closed on
Apr 28, 2016
Sold by
Klockner Herman R
Bought by
Hendrix S Charles
List Price
$449,900
Sold Price
$356,000
Premium/Discount to List
-$93,900
-20.87%

Purchase Details

Closed on
Jul 30, 1984
Sold by
Richardson James V
Bought by
Klockner Herman R
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 Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $500,000 --
Warranty Deed -- --
Warranty Deed $356,000 --
Deed $48,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $284,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2017 01/11/17 Sold $500,000 -16.0% $328 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $595,000 +67.1% $390 / Sq Ft
04/28/2016 04/28/16 Sold $356,000 -20.9% $234 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $449,900 -- $295 / 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 $5,511 $311,680 $99,186 $212,494
2023 $4,338 $254,759 $97,732 $157,027
2022 $3,259 $203,772 $97,732 $106,040
2021 $3,265 $203,772 $97,732 $106,040
2020 $3,287 $203,772 $97,732 $106,040
2019 $2,977 $189,667 $83,754 $105,913
2018 $3,006 $182,054 $76,141 $105,913
2017 $4,746 $183,189 $82,091 $101,098
2016 $3,660 $150,319 $81,238 $69,081
2015 $1,459 $150,280 $97,680 $52,600
2014 $1,319 $153,960 $105,440 $48,520
2013 -- $111,172 $75,960 $35,212
Source: Public Records

Map

Source: Savannah Multi-List Corporation

MLS Number: CM946833

Savannah Multi-List Corporation

APN: 005 001