NOT LISTED FOR SALE

650 Folsom Rd SE Fairmount, GA 30139

Estimated Value: $186,000 - $245,000

175 Acres
$1,286 Price per Acre
7,614,288 Sq Ft Lot

Last Sold May 15, 2024

Last sale price $1,702,000 $1,012 Per Sq Ft

Current estimated payment $1,346/month

165 Days on Market

Highlights

  • Water Views
  • Lake On Lot
  • Farm
  • Barn
  • 174.8 Acre Lot
  • Ranch Style House

About This Lot

As of May 2024

Looking for substantial land with endless possibilities? Look no further! 174+ acres with a 3 bedroom, 2 bathroom ranch. With a spring fed pond and creek running along the back end of the property this would make a great piece to have cattle, horse farm or even a wedding venue. The house currently has tenants in place. This is a beautiful piece of land that you want to see for yourself!

Last Agent to Sell the Property

Derick Mauldin

Asher Realty, Inc License #176517 Listed on: 10/16/2023

Last Buyer's Agent

Kathryn Bringhurst

Atlanta Communities License #406718

Atlanta Communities

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,293

Year Built

  • Built in 1963

Lot Details

  • 174.8 Acre Lot
  • Property fronts a county road
  • Barbed Wire
  • Perimeter Fence
  • Brush Vegetation
  • Cleared Lot
  • Landscaped with Trees
  • Grass Covered Lot
  • Property is zoned V5

Property Views

  • Water
  • Woods
  • Rural

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Fairmount Elementary School
  • Sonoraville High School

Farming

  • Barn
  • Farm
  • Pasture

Additional Features

  • Family Room
  • Lake On Lot
  • Residence on Property
  • Hay Storage

Listing and Financial Details

  • Tax Lot 1 & 3
  • Assessor Parcel Number 089 039

Property Details

Property Type

Land

Est. Annual Taxes

$3,293

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LL163, 189 and 190-6D-3Sec Gordon-Track 1 and Track 3
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Restrictions Requirements: Easements
  • Year Built: 1963
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Family Room

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Other Structures: Barn(s), Residence
  • Fencing: Barbed Wire, Perimeter
  • View: Rural, Trees/Woods, Water

Utilities

  • Utilities: Electricity Available, Water Available

Schools

  • Elementary School: Fairmount
  • Middle School: Gordon - Other
  • High School: Sonoraville

Lot Info

  • Acres: 174.8000
  • Lot: 1 & 3
  • Timber: Hardwoods, Mixed
  • Land/Lot: 163,189,19
  • Section G M D: 3
  • Current Zoning: V5
  • Deed Book: 1805
  • Deed Page: 478
  • Plat Book: 39
  • Plat Page: 11
  • Current Use: Cattle, Vacant
  • House On Property: Yes
  • Lot Features: Farm, Lake On Lot
  • Lot Dimensions: x
  • Parcel Number: 089 039
  • Price Acre Dollar: 9736.84
  • Horse Amenities: Barn, Hay Storage, Pasture
  • Property Attached Yn: No

Tax Info

  • Taxes: 3293.00
  • Assessor Parcel Number: 089-039
  • Additional Assessor Parcel Numbers: 089 005
  • Close Date: 2024-05-15
  • Tax Year: 2023

MLS Schools

  • Elementary School: Fairmount
  • High School: Sonoraville
  • Middle School: Gordon - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
May 15, 2024
Sold by
Watkins W Terry
Bought by
Miner Mitchell D and Morin Jessica W
Seller's Agent
Derick Mauldin
Asher Realty, Inc
Buyer's Agent
Kathryn Bringhurst
Atlanta Communities
List Price
$1,922,800
Sold Price
$1,702,000
Premium/Discount to List
-$220,800
-11.48%
Views
82
Current Estimated Value
$225,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,476,071
Avg. Annual Appreciation
-77.79%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Watkins W Mack
Bought by
Wmw Consolidated Properties Ll

Purchase Details

Closed on
Mar 24, 2004
Sold by
Watkins W Mack
Bought by
Watkins David M

Purchase Details

Closed on
Feb 6, 2002
Sold by
D & D Investment Properties Ll
Bought by
Watkins W Mack

Purchase Details

Closed on
Mar 22, 2001
Sold by
Weaver Properties
Bought by
Dodd C J

Purchase Details

Closed on
Mar 28, 2000
Bought by
Weaver Properties
Source: Public Records

Range of Values:

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Average Value
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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
Miner Mitchell D -- --
Wmw Consolidated Properties Ll -- --
Watkins W Mack -- --
Watkins David M -- --
Watkins W Mack -- --
D & D Investment Properties Llc -- --
Dodd C J $90,000 --
Weaver Properties $515,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,702,000 -11.5% $1,012 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
10/16/2023 10/16/23 For Sale $1,922,800 -- $1,143 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $1,379 $54,280 $4,360 $49,920
2023 $1,298 $51,080 $4,360 $46,720
2022 $1,298 $48,040 $4,360 $43,680
2021 $1,114 $39,760 $4,360 $35,400
2020 $1,156 $40,360 $4,360 $36,000
2019 $1,182 $41,052 $4,360 $36,692
2018 $1,112 $38,612 $4,360 $34,252
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7290357

First Multiple Listing Service (FMLS)

APN: 089-005