NOT LISTED FOR SALE

5115 Mt Olive Rd Commerce, GA 30529

Estimated Value: $321,000 - $388,000

3 Beds
2.5 Baths
-- Sq Ft
1.02 Acres

Last Sold October 18, 2019

Last sale price $239,000

Est. 46% increase in value since last sale

Current estimated payment $2,029/month

194 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Screened Porch
  • Commerce Primary School Rated A-
  • No HOA
  • Rustic Architecture

About This Home

As of October 2019

Looking for the WOW factor? Look no further! If you're looking for something with the charm of an older home and the updates and amenities of a newer home, THIS IS IT! Built in 1935, with an addition and renovation in 2003, this 3BR/2.5BA farmhouse checks all the lists. 1.02 acres of land, 5 buildings including a 2-car garage with loft storage, a man cave-she-shed or storage building. Enteraining space galore with a large dining room, climbing heirloom roses and the lattice roof patio, graceful front porch, large side porch with swing and a pergola-covered patio. Updated in 2003 to include large master bedroom with en suit bath, spacious living room, powder room, and a reading nook. The kitchen boasts the counter tops, refrigerator, dishwasher, plenty of cabinets, pots and pans drawers and large granite-topped island, PLUS kitchen tile counter tops and back splash. Breakfast room is a cheerful space for sipping your morning joe, and did I mention the built-in shelves and window seat? Furnished, one bedroom apartment on property has been rented to same tenant for over two years - a great income generator.

Last Agent to Sell the Property

Dale Kenner

At Home Real Estate License #241114 Listed on: 03/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 1935

Lot Details

  • 1.02

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Rustic Architecture
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Screened Porch
  • Wood Flooring
  • Crawl Space
  • Home Security System

Kitchen

  • Oven
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Commerce Elementary And Middle School
  • Commerce High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Wood

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020 019A / 020 019A1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,393

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans,Security System
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1935
  • ResoSecurityFeatures: Security System
  • Subdivision Name: No Recorded Subdivision
  • Architectural Style: Rustic
  • Reso Flooring: Other, Wood
  • Reso Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Pantry
  • Tax Year: 2018
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Other Structures: Storage
  • Acres: 1.02
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Other, Porch, Landscape Lights
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Wood
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Schools

  • Middle Or Junior School: Commerce

Lot Info

  • Lot Size Area: 1.02
  • Parcel Number: 020 019A / 020 019A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2393.0

MLS Schools

  • Elementary School: Commerce
  • HighSchool: Commerce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Oct 18, 2019
Sold by
Brown David Michael Estate
Bought by
Black Richard D and Black Sharon Nichole
Seller's Agent
Dale Kenner
At Home Real Estate
List Price
$239,000
Sold Price
$239,000
Current Estimated Value
$347,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,906
Avg. Annual Appreciation
6.17%
Original Mortgage
$241,414
Outstanding Balance
$212,348
Interest Rate
3.7%
Estimated Equity
$135,558

Purchase Details

Listed on
Apr 7, 2015
Closed on
Sep 22, 2015
Sold by
Holbrook Robert Edward
Bought by
Brown David M
Seller's Agent
Nancy Hobson
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$192,500
Sold Price
$191,000
Premium/Discount to List
-$1,500
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$187,525
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2008
Sold by
Holbrook Robert E
Bought by
Holbrook Robert E and Holbrook Nancy S

Purchase Details

Closed on
Oct 13, 1999
Sold by
Holbrook Robert E
Bought by
Holbrook Robert E

Purchase Details

Closed on
Oct 7, 1999
Sold by
Garrison Carlotta
Bought by
Holbrook Robert E
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
Black Richard D -- --
Brown David M -- --
Brown David M $191,000 --
Holbrook Robert E -- --
Holbrook Robert E -- --
Holbrook Robert E $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Richard D $241,414
Previous Owner Brown David M $187,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2019 10/18/19 Sold $239,000 0.0% --
09/18/2019 09/18/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $239,000 +25.1% --
09/22/2015 09/22/15 Sold $191,000 -0.8% -- View Prior Sale
08/31/2015 08/31/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $192,500 -- --
Source: Savannah Multi-List Corporation

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 $2,638 $99,284 $12,120 $87,164
2023 $2,723 $87,364 $12,120 $75,244
2022 $2,044 $63,044 $4,120 $58,924
2021 $2,040 $63,044 $4,120 $58,924
2020 $1,958 $54,044 $4,120 $49,924
2019 $1,987 $54,044 $4,120 $49,924
2018 $2,039 $55,960 $4,120 $51,840
2017 $1,828 $49,294 $3,834 $45,460
2016 $1,837 $49,294 $3,834 $45,460
2015 $757 $49,294 $3,834 $45,460
2014 $673 $44,492 $3,834 $40,658
2013 -- $48,408 $3,833 $44,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM967622

Savannah Multi-List Corporation

APN: 020-019A