$440,000
SOLD DEC 16, 2021

5375 Clarks Bridge Rd Gainesville, GA 30506

-- Bed
-- Bath
-- Sq Ft
0.94 Acres

Recently Sold

5% Below List Price

19 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

As of December 2021

3 properties in 1 located at the intersection of Clarks Bridge and GA HWY 52! Zoned Suburban Shopping with over 160 ft. of frontage on Clarks Bridge and over 400 ft. of frontage on Brookton School Road. This unique property features 2 single family dwellings and a commercial building. Perfect for an investor looking to generate rental income or a small business needing office space, meeting or retail space, and housing all in one location. The commercial space is 1400 sq. ft. and is outfitted with 2 restrooms and a small kitchen. The home fronting Clarks Bridge is 4BR / 2BA with roughly 1572 sq. ft. of living / office space. The home fronting Brookton School Road is 3BR / 2BA with roughly 1432 sq. ft. of living space. Ample gravel parking and high visibility for your business with Clarks Bridge average daily traffic count of +3000 & GA HWY 52 of +2300 according to the GADOT. All 3 properties are serviced by a shared well and on individual septic systems. City water is available at the street. Commercial building was completely remodeled in 2016 including a new HVAC system and roof with a new septic tank installed in 2018. All properties are equipped with keyless entry. Contact listing agent to schedule showing.

Last Agent to Sell the Property

Mitch Lathem

Foxfire Enterprises Inc. License #253265

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1998

Lot Details

  • 0.94 Acre Lot
  • Corner Lot
  • Zoning described as SS

Parking

  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Property Details

Property Type

Other

Est. Annual Taxes

$2,470

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1998
  • Financing Type: Other
  • Lot Size Acres: 0.94
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Construction Materials: Other
  • Lot Features: Corner Lot
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Central Air, Fans
  • Heating: Electric, Central
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Water Available
  • Water Source: Well

Lot Info

  • Zoning Description: SS

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2469.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 16, 2021
Sold by
Adventures Real Estate Llc
Bought by
Willow Oak Llc
Seller's Agent
Mitch Lathem
Foxfire Enterprises Inc.
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$465,000
Sold Price
$440,000
Premium/Discount to List
-$25,000
-5.38%
Total Days on Market
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$352,000
Outstanding Balance
$54,097
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$417,403

Purchase Details

Closed on
Dec 31, 2015
Sold by
Wiley Terry S
Bought by
Adventures Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2004
Sold by
Ross Mary
Bought by
Wiley Terry S and Wiley Frances B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.75%
Mortgage Type
Commercial

Map

Range of Values:

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ICE

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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 -- --
Warranty Deed -- --
Warranty Deed $220,000 --
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 Commercial
Closed $352,000 Commercial
Previous Owner $184,000 Commercial
Previous Owner $166,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $699,000 +58.9% --
12/16/2021 12/16/21 Sold $440,000 -5.4% --
10/26/2021 10/26/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $465,000 -- --
Source: Georgia MLS

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 $4,298 $168,120 $8,320 $159,800
2023 $4,132 $161,400 $8,320 $153,080
2022 $3,464 $128,840 $8,320 $120,520
2021 $2,649 $95,346 $6,920 $88,426
2020 $2,620 $91,506 $6,920 $84,586
2019 $2,533 $87,506 $6,920 $80,586
2016 $2,206 $75,666 $6,920 $68,746
2015 $2,402 $75,666 $6,920 $68,746
2014 $2,402 $82,954 $16,560 $66,394
Source: Public Records

Source: Georgia MLS

MLS Number: 9063423

Georgia MLS

APN: 12-054-000-008A