NOT LISTED FOR SALE

505 Locke Rd Cornelia, GA 30531

Estimated Value: $386,000 - $588,000

2 Beds
2 Baths
1,830 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 12, 2014

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

Est. 223% increase in value since last sale

Current estimated payment $2,709/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
  • Interior Basement Entry
  • 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
$487,244

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
11.22%

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
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
Gerrin Kenneth Ricky -- --
Gerrin Kenneth Ricky $150,750 --
Sec Of Housing & Urban $120,900 --
Citimortgage Inc $120,900 --
Gerrin Randy -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $1,776 $219,547 $54,041 $165,506
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

    88 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

Not Listed for Sale

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