NOT LISTED FOR SALE

632 Madison St Commerce, GA 30529

Estimated Value: $265,000 - $308,310

5.75 Acres
$50,274 Price per Acre
250,470 Sq Ft Lot

Last Sold May 13, 2024

Last sale price $299,000

Est. 3% decrease in value since last sale

Current estimated payment $1,733/month

64 Days on Market

About This Lot

As of May 2024

Residential development opportunity! 5.745 acres zoned R-3 in the City of Commerce. 4 water meters and sewer taps on site per Commerce city utility department. R-3 zoning allows for duplex and single-family constructions, single family min 1400 sq ft and duplex 1200 sq ft per unit. Vacant and easy to show. New survey just performed!

Last Agent to Sell the Property

A.J. Purcell

Keller Williams Greater Athens License #394288 Listed on: 02/09/2024

Last Buyer's Agent

A.J. Purcell

Keller Williams Greater Athens License #394288 Listed on: 02/09/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $993

Lot Details

  • Property fronts a county road
  • Property is zoned R3

Schools

  • Commerce Elementary And Middle School
  • Commerce High School

Utilities

  • Underground Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010 024

Property Details

Property Type

Land

Est. Annual Taxes

$993

Lot Details

0

Listing Details

  • Property Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: No Recorded Subdivision
  • Tax Year: 2023
  • Master Plan Zoning: R3
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Other Structures: Other
  • Waterfront: No
  • Acres: 5.75

Utilities

  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Commerce

Lot Info

  • Lot Size Area: 5.75
  • Parcel Number: 010 024
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Annual Amount: 993.0

MLS Schools

  • Elementary School: Commerce
  • HighSchool: Commerce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 13, 2024
Sold by
Hill Shire Properties Llc
Bought by
Bcs Madison Llc
Seller's Agent
A.J. Purcell
Keller Williams Greater Athens
Buyer's Agent
A.J. Purcell
Keller Williams Greater Athens
List Price
$299,000
Sold Price
$299,000
Views
6
Current Estimated Value
$289,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,922
Avg. Annual Appreciation
-1.94%
Original Mortgage
$299,000
Outstanding Balance
$293,698
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$4,620

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 1, 2024
Sold by
Three Do Da Bees Llc
Bought by
Hill Shire Properties Llc
Seller's Agent
A.J. Purcell
Keller Williams Greater Athens
Buyer's Agent
A.J. Purcell
Keller Williams Greater Athens
List Price
$299,000
Sold Price
$299,000
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Outstanding Balance
$293,698
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$4,620

Purchase Details

Closed on
Dec 27, 2023
Sold by
Shirley Joseph Wayne
Bought by
3 Do Da Bees Llc and Three Do Da Bees Llc

Purchase Details

Closed on
Oct 2, 2019
Sold by
Daniel Bobby
Bought by
Shirey Joseph Wayne

Purchase Details

Closed on
Sep 30, 2019
Sold by
Daniel Bobby
Bought by
Shirey Joseph Wayne
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
Bcs Madison Llc -- --
Bcs Madison Llc $299,000 --
Bcs Madison Llc $299,000 --
Hill Shire Properties Llc -- --
3 Do Da Bees Llc -- --
Shirey Joseph Wayne $80,000 --
Shirey Joseph Wayne $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bcs Madison Llc $299,000
Closed Bcs Madison Llc $299,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $299,000 0.0% --
04/13/2024 04/13/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $299,000 -- --
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 $2,772 $57,400 $57,400 $0
2023 $1,585 $90,160 $90,160 $0
2022 $994 $30,640 $30,640 $0
2021 $1,043 $32,240 $30,640 $1,600
2020 $1,154 $31,840 $30,640 $1,200
2019 $1,325 $36,040 $34,360 $1,680
2018 $1,311 $35,960 $34,360 $1,600
2017 $1,352 $36,442 $34,400 $2,042
2016 $1,358 $50,527 $43,000 $7,527
2015 $1,926 $50,527 $43,000 $7,527
2014 $2,033 $52,909 $43,000 $9,910
2013 -- $52,909 $42,999 $9,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM1014309

Savannah Multi-List Corporation

APN: 010-024