NOT LISTED FOR SALE

401 N Main St Cedartown, GA 30125

Estimated Value: $789,744

-- Bed
-- Bath
10,000 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $650,000 $65 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,922/month

148 Days on Market

Highlights

  • Corner Lot
  • Accessible Entrance
  • Tile Flooring
  • Display Windows
  • Shops
  • Forced Air Zoned Heating and Cooling System

About This Home

As of June 2022

Strip Center in Downtown Historic Cedartown with high traffic exposure on North Main Street w/easy ingress/egress. 4/5 spaces currently leased with long-time Tenants. Fifth space is approx. 3,000 sf with front & rear entrances - can be leased into two smaller spaces. Paved parking lot with 30 parking spaces is swept clean every week. Entire building just painted and awnings cleaned. Very well maintained property! Good road signage for businesses. Domed roof section is rubber sealed roof; balance of roof is composition shingle. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Gail Minga

All American Comm. Properties License #114091 Listed on: 09/02/2021

Last Buyer's Agent

Gail Minga

All American Comm. Properties License #114091 Listed on: 09/02/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,749

Year Built

  • Built in 1950

Lot Details

  • 0.76 Acre Lot
  • Property fronts a highway
  • Corner Lot
  • Zoning described as Commercial

Home Design

  • Wood Roof
  • Stucco

Interior Spaces

  • 10,000 Sq Ft Home
  • Display Windows

Flooring

  • Carpet
  • Concrete
  • Tile
  • Vinyl

Parking

  • 30 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Natural Gas
  • 220 Volts
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • City Lot

Community Details

  • Mccarson Building Subdivision
  • Shops

Property Details

Property Type

Other

Est. Annual Taxes

$7,749

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1950
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Lot Size Acres: 0.76
  • Structure Type: Office
  • Road Frontage Type: County Road, State Road, Highway
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Accessibility Features: Accessible Entrance
  • Flooring: Carpet, Tile, Concrete, Vinyl
  • NumberOfBuildings: 1

Exterior Features

  • Construction Materials: Stucco
  • Lot Features: Corner Lot, City Lot
  • Property Condition: Resale
  • Roof: Other, Wood

Garage/Parking

  • Parking Features: Paved
  • ParkingTotal: 30

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Central, Forced Air, Zoned, Dual
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Water Available
  • Water Source: Public

Lot Info

  • Zoning Description: Commercial

Building Info

  • BuildingAreaTotal: 10000
  • Building Features: Delivery Door, Display Window(s), Free Standing, Shopping Center

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7748.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Jun 10, 2022
Sold by
Ncs Enterprises Llc
Bought by
Cedartown Properties Llc
Seller's Agent
Gail Minga
All American Comm. Properties
Buyer's Agent
Gail Minga
All American Comm. Properties
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Current Estimated Value
$789,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,744
Avg. Annual Appreciation
5.67%
Original Mortgage
$520,000
Outstanding Balance
$197,826
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$591,918

Purchase Details

Closed on
Dec 30, 2011
Sold by
Benefield Joe A

Purchase Details

Closed on
Jan 21, 1993
Sold by
Benefield Bro Const
Bought by
Benefield Joe A

Purchase Details

Closed on
Sep 7, 1982
Sold by
Ayers Morgan
Bought by
Benefield Bros Const

Purchase Details

Closed on
Aug 2, 1976
Sold by
Lewis Plymouth Inc
Bought by
Ayers Morgan

Purchase Details

Closed on
Oct 30, 1973
Sold by
Mccarson Motor Co
Bought by
Lewis Plymouth Inc

Purchase Details

Closed on
Jul 19, 1948
Bought by
Mccarson Motor Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cedartown Properties Llc $650,000 --
-- -- --
Benefield Joe A $180,000 --
Benefield Bros Const -- --
Ayers Morgan -- --
Lewis Plymouth Inc -- --
Mccarson Motor Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedartown Properties Llc $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $650,000 -13.3% $65 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
09/02/2021 09/02/21 For Sale $750,000 -- $75 / Sq Ft
Source: Georgia MLS

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 $9,261 $293,193 $90,482 $202,711
2023 $9,073 $261,715 $68,371 $193,344
2022 $5,412 $228,048 $58,685 $169,363
2021 $5,326 $221,562 $56,976 $164,586
2020 $4,548 $188,784 $0 $188,784
2019 $5,070 $188,784 $0 $188,784
2018 $5,202 $188,784 $0 $188,784
2017 $5,137 $188,784 $0 $188,784
2016 $5,137 $188,784 $0 $188,784
2015 $5,153 $188,784 $0 $188,784
2014 $5,190 $188,784 $0 $188,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9045774

Georgia MLS

APN: C18-147