NOT LISTED FOR SALE

505 Locke Rd Cornelia, GA 30531

Estimated Value: $367,000 - $588,000

2 Beds
2 Baths
1,830 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $150,750 $82 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $2,786/month

8 Days on Market

Highlights

  • In-Law or Guest Suite
  • Living Room
  • Dining Room

About This Home

As of December 2014

If you like the rustic look you will love this home. It features a rocking chair front porch, sun room, deck, wood siding, a huge shop/garage with an upstairs. This home has it all. Not only does it have the master bedroom on the main level it has a finished basement with more rooms that you can make into bedrooms. The basement also features a standard kitchen, family room, mud room, and exits to a gentle walk to the shop/garage. All this and close to Cornelia Walmart, shopping and fast food. HUD Acquired Home. Sold As-Is. Equal Housing Opportunity. FHA Financing: IE (Insured Escrow).

Last Agent to Sell the Property

Nancy Hughes

James O. Hayes Realty Inc. License #209413 Listed on: 11/09/2014

Last Buyer's Agent

Nancy Hughes

James O. Hayes Realty Inc. License #209413 Listed on: 11/09/2014

Property Details

Home Type

  • Other

Year Built

  • 1999

Lot Details

  • 4.42

Interior Spaces

  • 1,830 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • In-Law or Guest Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Schools

  • Cornelia / Habersham / Habersham County Elementary School
  • South Habersham / Habersham / Habersham County Middle School
  • Habersham Central / Habersham / Habersham County High School

Utilities

  • Well
  • Septic Tank

Property Details

Home Type

Other

Year Built

1999

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1999

Interior Features

  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Interior Amenities: Tile Floors
  • Above Grade Finished Sq Ft: 1830

Exterior Features

  • Construction: Wood Siding
  • Exterior Features: Deck/Patio, Out Building, Workshop
  • Roof Type: Metal/Steel

Garage/Parking

  • Parking: 3 Car Or More, Detached, Garage, Storage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Central
  • Water/Sewer: Septic Tank, Well

Schools

  • Elementary School: Cornelia / Habersham / Habersham County, GA
  • High School: Habersham Central / Habersham / Habersham County, GA
  • Middle School: South Habersham / Habersham / Habersham County, GA

Lot Info

  • Lot Description: Sloping
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2019
Sold by
Gerrin Ricky
Bought by
Gerrin Kenneth Ricky
Current Estimated Value
$458,625

Purchase Details

Listed on
Nov 9, 2014
Closed on
Dec 12, 2014
Sold by
Sec Of Housing & U
Bought by
Gerrin Kenneth Ricky and Gerrin Vera Nancy
Seller's Agent
Nancy Hughes
James O. Hayes Realty Inc.
Buyer's Agent
Nancy Hughes
James O. Hayes Realty Inc.
List Price
$140,000
Sold Price
$150,750
Premium/Discount to List
$10,750
7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Citimortgage Inc
Bought by
Sec Of Housing & Urban

Purchase Details

Closed on
Jan 26, 2005
Sold by
Gerrin Randy
Bought by
Gerrin Randy and Williamson Brandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
6.89%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Gerrin Kenneth Ricky -- --
Gerrin Kenneth Ricky $150,750 --
Sec Of Housing & Urban $120,900 --
Citimortgage Inc $120,900 --
Gerrin Randy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerrin Randy $265,930
Previous Owner Gerrin Randy $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $150,750 +7.7% $82 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
11/09/2014 11/09/14 For Sale $140,000 -- $77 / 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 -- $182,468 $35,956 $146,512
2023 $2,680 $157,708 $35,956 $121,752
2022 $2,976 $136,944 $31,960 $104,984
2021 $2,765 $122,252 $27,964 $94,288
2020 $2,690 $109,612 $27,964 $81,648
2019 $2,535 $94,148 $12,500 $81,648
2018 $2,515 $94,148 $12,500 $81,648
2017 $2,255 $83,980 $8,928 $75,052
2016 $2,190 $209,950 $8,928 $75,052
2015 $1,554 $209,950 $8,928 $75,052
2014 $2,118 $206,670 $8,928 $73,740
2013 -- $82,668 $8,928 $73,740
Source: Public Records

Agents Affiliated with this Home

  • Nancy Hughes

    Seller's Agent in 2014

    Nancy Hughes

    James O. Hayes Realty Inc.

    (706) 491-6003

    96 Total Sales

    Nancy Hughes
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Map

Source: Georgia MLS

MLS Number: 07362731

Georgia MLS

APN: 081-059A

Georgia Habersham County Cornelia 30531

505 Locke Rd, Cornelia, GA

This home is located at 505 Locke Rd, Cornelia, GA 30531 since 09 November 2014 and is currently estimated at $458,625, approximately $250 per square foot. This property was built in 1999. 505 Locke Rd is a home located in Habersham County with nearby schools including Cornelia Elementary School, Wilbanks Middle School, and Habersham Success Academy.

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