NOT LISTED FOR SALE

Estimated Value: $3,382,644

18 Acres
$186,372 Price per Acre
790,614 Sq Ft Lot

Last Sold October 05, 2016

Last sale price $1,600,000

Est. 111% increase in value since last sale

Current estimated payment $18,772/month

782 Days on Market

Highlights

  • 18.15 Acre Lot
  • No HOA
  • Lot Has A Rolling Slope
  • Johnnie Lay Burks Elementary School Rated A-
  • Open Lot
  • No Heating

About This Lot

As of October 2016

This 18-acre-plus site is one of the last undeveloped pieces of its size inside the Athens Loop. Formerly belonging to Wilkins Properties, it was the home to a sewing plant where women's jeans and other pants were made for much of its history. According to the New York Times, it was the site of the first business in Athens to integrate African-American women into the industrial workforce. It boasts three major mill buildings, an administration building and two smaller buildings, encompassing approximately 188,000 square feet of space. It's zoned multi-family, and there's plenty of space for parking. Well over half the land is undeveloped, so green space is at a premium. Plus, there are easements on the building facades that provide significant local tax breaks for the owner--and there are opportunities for mill redevelopment tax breaks on both the federal and state levels to help offset the cost of the project.

Last Agent to Sell the Property

Barbara Dooley

Coldwell Banker Upchurch Realty License #282557 Listed on: 07/15/2014

Coldwell Banker Upchurch Realty

Last Buyer's Agent

Geoff Wilson

Coldwell Banker Upchurch Realty License #302489

Coldwell Banker Upchurch Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $0

Lot Details

  • 18.15 Acre Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned RM, Multi-Family

Schools

  • Chase Street Elementary School
  • Clarke Middle School
  • Clarke Central High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 114B 019

Property Details

Property Type

Land

Est. Annual Taxes

$0

Lot Details

0

Listing Details

  • Directions: From Prince Avenue, turn onto Chase Street. Follow Chase past Boulevard/Nantahala, then over railroad track. Take either of the next two lefts and go to the back of the horseshoe. Agent has key to the gate and will need to accompany.
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Lot Size Acres: 18.15
  • Road Frontage Type: City Street, Interstate
  • Road Surface Type: Paved
  • Ownership: Owner
  • Subdivision Name: No Recorded Subdivision
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Lot Features: Open Lot, Rolling Slope, See Remarks
  • Waterfront Features: None
  • Waterfront: No
  • Other Structures: Other, See Remarks

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Chase Street
  • High School: Clarke Central
  • Middle Or Junior School: Clarke Middle

Lot Info

  • Zoning: RM
  • Current Use: Other
  • Wooded Area: 20.0
  • Parcel #: 114B 019
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Athens Mill Management Llc
Bought by
Jmw Oneta Llc
Total Days on Market
782
Current Estimated Value
$3,382,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,975,660
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2000
Sold by
Wilkins John J and Thomas Ha
Bought by
Southern Mill Lofts Llc

Purchase Details

Closed on
Dec 31, 1997
Sold by
Citizens & Southern Bk Co Trustee
Bought by
Wilkins John J and Thomas Hart Wi
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
Jmw Oneta Llc $2,013,155 --
Southern Mill Lofts Llc -- --
Wilkins John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cct Mill Llc $1,785,400
Closed Cct Mill Llc $335,000
Closed Character Built Holdings Llc $526,800
Closed Jmw Oneta Llc $1,975,660
Closed Athens Mill Management Llc $10,100,000
Previous Owner Ccbc Southern Mills Llc $0
Previous Owner Athens Mill Management Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2016 10/05/16 Sold $1,600,000 -20.0% --
09/05/2016 09/05/16 Pending -- -- --
07/15/2014 07/15/14 For Sale $2,000,000 -- --
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

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 $0 $1 $0 $1
2023 $0 $1 $0 $1
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $21,456 $1,363,771 $448,799 $914,972
2018 $21,456 $1,363,771 $448,799 $914,972
2017 $10,728 $369,223 $332,709 $36,514
2016 $12,535 $369,223 $332,709 $36,514
2015 $12,554 $369,223 $332,709 $36,514
2014 $7,797 $228,990 $228,990 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 939686

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 114B-019