NOT LISTED FOR SALE

475 Hazel Ave Demorest, GA 30535

Estimated Value: $811,574

Studio
-- Bath
-- Sq Ft
13,504 Sq Ft

Last Sold March 29, 2022

Last sale price $669,000

Est. 21% increase in value since last sale

Current estimated payment $4,537/month

17 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Concrete Flooring
  • Demorest Elementary School Rated A-
  • High Speed Internet
  • 2-minute walk to Demorest Park

About This Home

As of March 2022

Income-producing short-term rental opportunities abound with this listing that includes FOUR (4) units in the heart of downtown Demorest, Georgia. Each unit is appointed with unique style with updated kitchen areas, bathrooms, bedrooms, and living spaces, with lofty ceilings and beautiful natural lighting. Close to all the amenities that northeast Georgia has to offer a dining, hiking, wineries, sightseeing, you name it! Don't miss out on this chance to start or enhance your short-term rental investments with this property.

Last Agent to Sell the Property

Jerry Harkness

Keller Williams Lanier Partners License #367943 Listed on: 02/11/2022

Keller Williams Lanier Partners

Last Buyer's Agent

Anthony Reed

Keller Williams Lanier Partners License #413738

Keller Williams Lanier Partners

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,438

Year Built

  • Built in 2005

Lot Details

  • 0.31 Acre Lot
  • Property fronts a county road
  • Corner Lot
  • Zoning described as HI

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Concrete Flooring
  • City Lot

Property Details

Property Type

Other

Est. Annual Taxes

$3,438

Year Built

Built in 2005

Lot Details

0.31 Acres

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2005
  • Financing Type: UNKN
  • Lot Size Acres: 0.31
  • Structure Type: Hotel/Motel
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • NumberOfBuildings: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Central
  • 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: HI

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3437.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 29, 2022
Sold by
Davis Nathan W
Bought by
Reed Anthony Reese and Reed Alyson Brooke
Seller's Agent
Jerry Harkness
Keller Williams Lanier Partners
Buyer's Agent
Anthony Reed
Keller Williams Lanier Partners
List Price
$699,000
Sold Price
$669,000
Premium/Discount to List
-$30,000
-4.29%
Current Estimated Value
$811,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,574
Avg. Annual Appreciation
5.05%
Original Mortgage
$612,636
Outstanding Balance
$572,980
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$238,594
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
Reed Anthony Reese $669,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Anthony Reese $612,636
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $669,000 -4.3% --
02/28/2022 02/28/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $699,000 -- --
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 $4,430 $141,458 $45,000 $96,458
2024 $5,033 $193,908 $30,212 $163,696
2023 $4,508 $180,292 $23,240 $157,052
2022 $3,601 $138,120 $11,620 $126,500
2021 $3,075 $118,492 $11,620 $106,872
2020 $2,806 $104,312 $11,620 $92,692
2019 $2,808 $104,312 $11,620 $92,692
2018 $2,250 $84,228 $11,620 $72,608
2017 $1,968 $73,268 $5,292 $67,976
2016 $1,910 $183,170 $5,292 $67,976
2015 -- $183,170 $5,292 $67,976
Source: Public Records

Agents Affiliated with this Home

  • Jerry Harkness

    Seller's Agent in 2022

    Jerry Harkness

    Keller Williams Lanier Partners

    (706) 949-3747

    48 in this area

    257 Total Sales

    Jerry Harkness
    Section Image
  • Anthony Reed

    Buyer's Agent in 2022

    Anthony Reed

    Keller Williams Lanier Partners

    (470) 398-6796

    5 in this area

    38 Total Sales

    Anthony Reed
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20018564

Georgia MLS

APN: 078-194A

Georgia Habersham County Demorest 30535

475 Hazel Ave, Demorest, GA

Not Listed for Sale

Other

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