NOT LISTED FOR SALE

40 Spring Valley Dr Colbert, GA 30628

Estimated Value: $411,222 - $491,000

3 Beds
2 Baths
2,590 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $177,267 $68 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,664/month

37 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Wood Flooring
  • Oglethorpe County Middle School Rated A-
  • Vaulted Ceiling
  • Farmhouse Style Home

About This Home

As of August 2015

Great small farm that is close to Athens & Colbert. Home is very spacious. You can enter the home through a small court yard that goes into the cozy dining area. Adjacent to it is the large kitchen (sellers to keep island). Living room has large picture window overlooking the paddock. There is a bedroom and bath on the main level. Upstairs is a loft bedroom plus one more bedroom. The large bath upstairs is situated between the two bedrooms. Off the dining area is a large room that is great for a den, office, playroom, or man cave! It has a large fireplace and is very open. Outside is a barn with power run to it. There is a small fenced paddock and the back of the property is bordered by a creek. Very private and quiet place.

Last Listed By

Patrice Luke

Burdette Realty License #239227 Listed on: 06/23/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1987

Lot Details

  • 8.43 Acre Lot
  • Fenced

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2,590 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room with Fireplace

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available

Schools

  • Oglethorpe County Elementary School
  • Oglethorpe County Middle School
  • Oglethorpe County High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Dug Well
  • Septic Tank

Additional Features

  • Covered patio or porch
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 021 201

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,522

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: From Athens, take Cherokee Road to Winterville. Turn right at the light and go straight out Smithonia Road. At the dead end at the Fire Dept., turn left onto Beaverdam. Then take a right on Busbin Lane. Spring Valley turns to the right off Busbin. Home is at the end of Spring Valley.From Colbert, at the red light, turn onto Fourth Street and go across the RR tracks. Turn left on Eighth Street and go to the four way STOP at Smithonia. Turn right and go past the big brick barns & turn right onto Beaverdam Rd. Watch for the Firetruck sign and turn left onto Busbin Lane. Same as above.
  • Prop. Type: Residential
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 8.43
  • Ownership: Owner
  • Subdivision Name: No Recorded Subdivision
  • Above Grade Finished Sq Ft: 2590.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Vaulted Ceiling(s), Window Treatments
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One, Family Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 2590.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fence, Horse Facilities, Porch
  • Disclosures: Disclosure on File
  • Home Warranty: No
  • Construction Type: Other, See Remarks, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Barn(s)
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: None, Parking Available
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Septic Tank
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Water Source: Dug Well

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oglethorpe County Elementary
  • High School: Oglethorpe County
  • Middle Or Junior School: Oglethorpe County

Lot Info

  • Parcel #: 021 201
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2014
  • Tax Annual Amount: 1522.0

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Hovater Russel Frederic
Bought by
Hovater Russel F and Hovater Sarah
Total Days on Market
37
Current Estimated Value
$436,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2019
Sold by
Hovater Russell Fredric
Bought by
Hovater Russel Fredric and Hovater Sarah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 26, 2015
Sold by
Babcock Ricky L
Bought by
Hovater Russel Fredric
Seller's Agent
Patrice Luke
Burdette Realty
Buyer's Agent
Bryan Bufford
Georgia Home Partners Realty
List Price
$172,900
Sold Price
$177,267
Premium/Discount to List
$4,367
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$168,404
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2004
Sold by
Greer Jamie W and Greer Pame
Bought by
Babcock Ricky L

Purchase Details

Closed on
Apr 25, 1994
Sold by
Norwood David and Norwood Darcy
Bought by
Greer Jamie W and Greer Pame

Range of Values:

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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
Hovater Russel F -- --
Hovater Russel F -- --
Hovater Russel Fredric -- --
Hovater Russel Fredric -- --
Hovater Russel Fredric $177,267 --
Babcock Ricky L $131,000 --
Greer Jamie W $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hovater Russel F $248,800
Previous Owner Hovater Russel Fredric $163,500
Previous Owner Hovater Russel Fredric $168,404
Previous Owner Babcock Ricky L $130,627
Previous Owner Babcock Ricky L $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2015 08/26/15 Sold $177,267 +2.5% $68 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $172,900 -- $67 / Sq Ft
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 $2,944 $125,352 $12,160 $113,192
2023 $3,140 $124,352 $12,160 $112,192
2022 $2,510 $99,752 $12,160 $87,592
2021 $2,074 $74,352 $11,040 $63,312
2020 $1,584 $74,352 $11,040 $63,312
2019 $2,092 $74,352 $11,040 $63,312
2018 $1,900 $62,931 $12,155 $50,776
2017 $1,846 $62,931 $12,155 $50,776
2016 $1,805 $62,931 $12,155 $50,776
2015 -- $58,039 $12,155 $45,884
2014 -- $58,039 $12,155 $45,884
2013 -- $58,039 $12,154 $45,884
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 945062

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 021-201