$43,500
SOLD JAN 31, 2025

5 Southern Waters Way Forsyth, GA 31029

2.42 Acres
$17,975 Price per Acre
105,415 Sq Ft Lot

Recently Sold

13% Below List Price

92 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Partially Wooded Lot
  • Samuel E. Hubbard Elementary School Rated A-
  • Community Lake
  • Home fronts a stream

About This Lot

As of January 2025

Welcome to Southern Waters, a beautiful community in Forsyth, GA. New homes are going as we speak within the community bringing great value to the area. This 2.42-Acre plot offers a great landscape for anyone looking to build a home. Another great addition is the 14 Acre Lake that is fully accessible to any resident. This lake offers great fishing, skiing, and recreational activities with docks and boat launches. There is a minimum square footage of 2200 square feet on homes built. There is a $100.00 per month to residents living on lot and $50.00 per month for owners not living on the land. This community is a great spot for anyone looking to build a home in the Monroe County area.

Last Agent to Sell the Property

Nathan Hunt

Hunt & Harvest Realty License #419593 Listed on: 10/10/2024

Last Buyer's Agent

Nathan Hunt

Hunt & Harvest Realty License #419593 Listed on: 10/10/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $346

Lot Details

  • 2.42 Acre Lot
  • Home fronts a stream
  • Lake Front
  • Property fronts a county road
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Hubbard Elementary School
  • Monroe County Middle School
  • Mary Persons High School

Utilities

  • Well
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Southern Waters Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$346

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Lot Size Acres: 2.42
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Land Use Restrictions: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Frontage Road: 200
  • Lot Features: Level
  • View: Lake
  • Waterfront Features: Lake, Lake Access

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Annual Association Fee: 1200
  • Association: Yes
  • Community Features: Lake, Shared Dock

Schools

  • Elementary School: Hubbard
  • High School: Mary Persons
  • Middle School: Monroe County
  • Elementary School: Hubbard
  • Middle School: Monroe County
  • High School: Mary Persons

Lot Info

  • CurrentUse: Subdivision

Tax Info

  • Year: 2023
  • Tax Annual Amount: 346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Jan 31, 2025
Sold by
Kerr William G
Bought by
Divad Consulting Llc
Seller's Agent
Nathan Hunt
Hunt & Harvest Realty
Buyer's Agent
Nathan Hunt
Hunt & Harvest Realty
List Price
$50,000
Sold Price
$43,500
Premium/Discount to List
-$6,500
-13%
Views
33
Current Estimated Value
$44,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561
Avg. Annual Appreciation
1.78%

Purchase Details

Closed on
May 15, 2012
Sold by
Kerr Vickie C
Bought by
Kerr William G

Purchase Details

Closed on
Sep 18, 1996
Sold by
Kerr William G
Bought by
Kerr William G and Kerr Vickie C
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 Type Sale Price Title Company
Warranty Deed $43,500 --
Warranty Deed -- --
Warranty Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $43,500 -8.4% --
01/10/2025 01/10/25 Pending -- -- --
11/08/2024 11/08/24 Price Changed $47,500 -5.0% --
10/10/2024 10/10/24 For Sale $50,000 -- --
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 $347 $12,840 $12,840 $0
2023 $362 $12,840 $12,840 $0
2022 $348 $12,840 $12,840 $0
2021 $360 $12,840 $12,840 $0
2020 $369 $12,840 $12,840 $0
2019 $372 $12,840 $12,840 $0
2018 $373 $12,840 $12,840 $0
2017 $373 $12,840 $12,840 $0
2016 $355 $12,840 $12,840 $0
2015 $336 $12,840 $12,840 $0
2014 $325 $12,840 $12,840 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10393371

Georgia MLS

APN: 035-022