NOT LISTED FOR SALE

505 Colerain St La Fayette, GA 30728

Estimated Value: $105,000 - $187,000

4 Beds
1 Bath
1,616 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 10, 2012

Last sale price $16,500 $10 Per Sq Ft

Est. 884% increase in value since last sale

Current estimated payment $919/month

22 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Bathtub with Shower
  • No HOA
  • Formal Dining Room
  • Living Room

About This Home

As of December 2012

Needs work, on large corner lot. Spacious home with great potential in convenient location, 4th bedroom could be used as den.

Last Agent to Sell the Property

Donnette Moore

Keller Williams Realty License #304028 Listed on: 11/13/2012

Keller Williams Realty

Last Buyer's Agent

Donnette Moore

Keller Williams Realty License #304028 Listed on: 11/13/2012

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $266

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Corner Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Shingle Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Basement
  • Crawl Space
  • No Kitchen Appliances
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gilbert Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Corley Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 1-046 059
  • $20,812 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$266

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 100X150
  • Subdivision Name: Corley
  • Directions: south on 27 right on Culbertson left on South Chattanooga St. right on Colerain property on left
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1616.0
  • New Construction: No
  • Year Built: 1900
  • Location Tax and Legal Parcel Number2: 1-046 059
  • Location Tax and Legal Elementary School: Gilbert Elementary School
  • Location Tax and Legal Middle Or Junior School2: LaFayette Middle
  • Location Tax and Legal High School: LaFayette High
  • Location Tax and Legal:Tax Annual Amount: 266.0
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Dimensions: 100X150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: No
  • Interior Features Separate Dining Room: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 20812.0
  • Patio And Porch Features Porch - Covered: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Cooling:None5: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Separate Dining Room, Tub/shower Combo
  • Basement:Crawl Space: Yes
  • Community Features:None4: Yes
  • Appliances:None2: Yes

Exterior Features

  • Lot Features: Corner Lot, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:None13: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Gilbert Elementary School
  • High School: LaFayette High
  • Middle Or Junior School: LaFayette Middle

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 1-046 059
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 266.0
  • Tax Other Annual Assessment Amount: 20812.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2012
Closed on
Dec 10, 2012
Sold by
First Volunteer Bank
Bought by
Owens Arnold
Seller's Agent
Donnette Moore
Keller Williams Realty
Buyer's Agent
Donnette Moore
Keller Williams Realty
List Price
$24,500
Sold Price
$16,500
Premium/Discount to List
-$8,000
-32.65%
Current Estimated Value
$162,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,794
Avg. Annual Appreciation
17.04%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Babb Properties Llc
Bought by
Gateway Bank & Trust

Purchase Details

Closed on
Jun 6, 2008
Sold by
Babb Don
Bought by
Babb Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Mitchell Tracy
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 16, 2000
Sold by
Gilbreath Kimberly L and Gilbreath Monty M
Bought by
Mitchell Tracy E and Wf Angelene

Purchase Details

Closed on
May 19, 1995
Sold by
Thompson Harold
Bought by
Gilbreath Kimberly L and Gilbreath Monty M

Purchase Details

Closed on
Dec 31, 1991
Sold by
Cohutta Banking Company The
Bought by
Thompson Harold

Purchase Details

Closed on
Dec 3, 1991
Sold by
Vinyard Curtis L and Vinyard Ellen K
Bought by
Cohutta Banking Company The

Purchase Details

Closed on
Sep 12, 1988
Sold by
Comer Lewis and Comer Louise
Bought by
Vinyard Curtis L and Vinyard Ellen K

Purchase Details

Closed on
Feb 22, 1972
Sold by
Green Albert L
Bought by
Comer Lewis and Comer Louise

Purchase Details

Closed on
Jan 1, 1972
Bought by
Green Albert L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Owens Arnold $16,500 --
Gateway Bank & Trust $25,000 --
Babb Properties Llc -- --
Babb Donald Q $29,000 --
Citimortgage Inc $31,900 --
Mitchell Tracy E $70,000 --
Gilbreath Kimberly L $36,800 --
Thompson Harold $32,000 --
Cohutta Banking Company The $33,100 --
Vinyard Curtis L $40,000 --
Comer Lewis -- --
Green Albert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babb Donald Q $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2024 09/21/24 Off Market $16,500 -- --
12/10/2012 12/10/12 Sold $16,500 -32.7% $10 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
11/13/2012 11/13/12 For Sale $24,500 -- $15 / Sq Ft
Source: Greater Chattanooga 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 $743 $31,214 $5,120 $26,094
2023 $766 $31,214 $5,120 $26,094
2022 $822 $31,214 $5,120 $26,094
2021 $312 $10,616 $3,600 $7,016
2020 $270 $8,786 $3,600 $5,186
2019 $270 $8,786 $3,600 $5,186
2018 $261 $8,786 $3,600 $5,186
2017 $292 $8,786 $3,600 $5,186
2016 $242 $8,786 $3,600 $5,186
2015 $309 $10,672 $1,400 $9,272
2014 $297 $10,672 $1,400 $9,272
2013 -- $16,959 $3,600 $13,359
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Donnette Moore

    Keller Williams Realty

    Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1186764

Greater Chattanooga REALTORS®

APN: 1046-059

Georgia Walker County 30728

505 Colerain St, GA

This home is located at 505 Colerain St, La Fayette, GA 30728 since 13 November 2012 and is currently estimated at $162,294, approximately $100 per square foot. This property was built in 1900. 505 Colerain St is a home located in Walker County with nearby schools including Gilbert Elementary School, Lafayette Middle School, and Lafayette High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Chattanooga REALTORS® IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.

Ten-X does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited

Copyright© 2025 by Chattanooga Association of REALTORS®

Nearby Homes