NOT LISTED FOR SALE

315 Sims Bridge Rd Commerce, GA 30530

Estimated Value: $786,000 - $905,630

5 Beds
4.5 Baths
6,000 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $595,000 $99 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,948/month

11 Days on Market

Highlights

  • 18.5 Acre Lot
  • Vaulted Ceiling
  • Wood Flooring
  • Private Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2023

VA FORECLOSURE in Banks Co., Commerce, GA - VERY NICE HOME - 4 Sided Brick Home (SECLUDED AND PRIVATE) ON 9.25 ACRES LOT plus an ADJOINING Tract OF 9.25 ACRES - Fabulous Home Boasts 5 Bedrooms, 4.5 Bathrooms; 2 Master Suites, and 2 Kitchens and 2 Fireplaces and Wrap-Around Deck - The Home is a Two-Story ON A FULL FINISHED BASEMENT and Home Has a Lot of Upgrades (Built-ins, Trim, Crown Molding, Hardwood Flooring, Granite Counter Tops, Judges Paneling, Trey and Vaulted Ceilings)- Kitchen has Custom Cabinetry with Island - Appliances (Stainless Steel) included (But Not Warranted) - THE HOME is in Need of Repairs and TLC - PROPERTY IS BEING SOLD "AS IS" WITH NO REPAIRS to be Made BY SELLER who is the Veterans Administration. Great Property and Just Minutes to Schools, Shopping & Restaurants.

Last Agent to Sell the Property

Katie Bishop

First Class Realty License #160433 Listed on: 05/12/2023

Last Buyer's Agent

CONSTANTIN MOLDOVAN

First United Realty, Inc. License #314815

First United Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,943

Year Built

  • Built in 2002

Lot Details

  • 18.5 Acre Lot
  • Private Lot

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Frame
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Entrance Foyer
  • Great Room
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Boat door in Basement
  • Finished Basement Bathroom

Schools

  • Banks Co Primary/Elementary School
  • Banks County Middle School
  • Banks County High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,943

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • ArchitecturalStyle: Brick/Frame, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 18.50
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 6000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Cooktop, Dishwasher, Microwave, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Basement: Bath Finished, Boat Door, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1618
  • Total Finished Sq Ft: 4382
  • Above Grade Finished Sq Ft: 4382
  • Interior Amenities: Bookcases, Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Soaking Tub, Separate Shower, Tile Bath, Walk-In Closet(s), Whirlpool Bath, Master On Main Level
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Hardwood, Tile, Carpet, Laminate, Vinyl

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • Lot Features: Private
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Electric, Ceiling Fan(s), Heat Pump
  • Heating: Electric, Central, Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Banks Co Primary/Elementary
  • High School: Banks County
  • Middle School: Banks County

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3943

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 22, 2023
Sold by
Department Of Veterans Affairs
Bought by
Braescu David and Braescu Nicoleta
Seller's Agent
Katie Bishop
First Class Realty
Buyer's Agent
CONSTANTIN MOLDOVAN
First United Realty, Inc.
List Price
$595,000
Sold Price
$595,000
Views
121
Current Estimated Value
$822,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,406
Avg. Annual Appreciation
15.24%
Original Mortgage
$300,000
Outstanding Balance
$292,133
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$562,077

Purchase Details

Closed on
Apr 3, 2023
Sold by
Planet Home Lending Llc
Bought by
Secretary Of Veterans Affairs and C/O Department Of Veterans Affairs

Purchase Details

Closed on
Feb 7, 2023
Sold by
Perry Alvis T
Bought by
Planet Home Lending Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Braescu David -- --
Secretary Of Veterans Affairs $587,433 --
Planet Home Lending Llc $587,433 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braescu David $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2023 07/10/23 Sold $595,000 0.0% $99 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $595,000 -- $99 / Sq Ft
Source: Georgia MLS

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
2025 $8,075 $422,928 $51,956 $370,972
2024 $8,075 $297,224 $47,233 $249,991
2023 $5,857 $225,856 $38,388 $187,468
2022 $4,191 $199,438 $36,698 $162,740
2021 $3,943 $176,496 $25,731 $150,765
2020 $4,308 $187,884 $23,130 $164,754
2019 $4,330 $187,884 $23,130 $164,754
2018 $4,057 $173,158 $23,130 $150,028
2017 $4,087 $167,272 $16,522 $150,750
2016 $4,129 $164,269 $16,522 $147,747
2015 $4,000 $167,271 $16,522 $150,750
2014 $4,000 $169,547 $18,797 $150,750
2013 -- $169,546 $18,797 $150,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20122135

Georgia MLS

APN: B78-006A