NOT LISTED FOR SALE

660 W Broad St Athens, GA 30601

Estimated Value: $580,000 - $1,639,000

1.17 Acres
$1,031,618 Price per Acre
50,965 Sq Ft Lot

Last Sold September 21, 2021

Last sale price $1,300,000 $797 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,984/month

684 Days on Market

Highlights

  • Additional Residence on Property
  • No HOA
  • No Heating
  • Johnnie Lay Burks Elementary School Rated A-

About This Lot

As of September 2021

Prime redevelopment parcel in Downtown Athens on West Broad Street. This 1.17-acre corner site has great visibility and a traffic count of over 21,000 ADT. The majority of the property is zoned Commercial General with the back corner zoned Residential Multifamily. The site has over 275 feet of frontage on West Broad Street and approximately 160 feet of frontage on North Pope Street. This site is very well located on West Broad Street just 6 blocks from the UGA Arch between Historic Downtown Athens and The Varsity at Milledge Avenue. This site is on the main artery into Athens and in very close proximity to everything Athens has to offer. This corner lot is one of the few remaining Downtown Athens sites that really work for redevelopment.

Last Listed By

Brian Elrod

NAI Elrod Group License #251606 Listed on: 08/23/2019

NAI Elrod Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,732

Year Built

  • 1940

Lot Details

  • 1.17 Acre Lot
  • Zoning described as Commercial

Additional Homes

  • Additional Residence on Property

Schools

  • Chase Street Elementary School
  • Clarke Middle School
  • Clarke Central High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 171A3 G010

Property Details

Property Type

Land

Est. Annual Taxes

$14,732

Year Built

1940

Lot Details

0

Listing Details

  • Directions: From Downtown Athens: Head west on E Broad Street toward N Lumpkin Street for 0.4 miles. The property will be on your right. From Atlanta area: Take US 78 E/GA 316 towards Athens. Continue onto Epps Bridge Parkway. Continue straight onto US 78 BUS E. The property will be on your left.
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Lot Size Acres: 1.17
  • Road Frontage Type: City Street
  • Co List Office Mls Id: 615
  • Co List Office Phone: 706-553-1000
  • Ownership: Owner
  • Subdivision Name: No Recorded Subdivision
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None
  • Year Built: 1940

Exterior Features

  • Lot Features: See Remarks
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: None, Owner Is Listing Agent
  • Other Structures: Second Residence

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Chase Street
  • High School: Clarke Central
  • Middle Or Junior School: Clarke Middle

Lot Info

  • Current Use: Other
  • Parcel #: 171A3 G010
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 21, 2021
Sold by
Velez & Zornig Development Llc
Bought by
Gamma Holdings Llc
Seller's Agent
Brian Elrod
NAI Elrod Group
Buyer's Agent
Daniel Bennett
NAI Elrod Group
List Price
$1,200,000
Sold Price
$1,300,000
Premium/Discount to List
$100,000
8.33%
Total Days on Market
684
Current Estimated Value
$1,206,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,007
Avg. Annual Appreciation
-1.79%

Purchase Details

Closed on
Jul 2, 2004
Sold by
Anderson Deston Bernard and Anderson Pame
Bought by
Velez & Zornig Development Llc

Purchase Details

Closed on
Feb 26, 2004
Sold by
Peterson Chris
Bought by
Velez & Zornig Development Llc

Purchase Details

Closed on
Dec 15, 2003
Sold by
Wintom Llc
Bought by
Peterson Chris

Purchase Details

Closed on
Sep 21, 1993
Sold by
Trust Company Bank Of Northeast Georgia
Bought by
Bernard Anderson Deston and Resby Pamela

Purchase Details

Closed on
Apr 6, 1993
Sold by
Serwich Douglas E
Bought by
Trust Company Bank Of Northeast Georgia

Range of Values:

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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
Gamma Holdings Llc $1,300,000 --
Velez & Zornig Development Llc $425,000 --
Velez & Zornig Development Llc $160,000 --
Peterson Chris $105,000 --
Bernard Anderson Deston -- --
Trust Company Bank Of Northeast Georgia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velez & Zornig Development Llc $711,320
Previous Owner Velez & Zornig Development Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $1,300,000 +8.3% $797 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
08/23/2019 08/23/19 For Sale $1,200,000 -- $735 / Sq Ft
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

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 $14,732 $471,419 $296,401 $175,018
2023 $14,732 $469,676 $296,401 $173,274
2022 $13,496 $423,068 $296,401 $126,667
2021 $11,327 $336,127 $234,001 $102,126
2020 $10,772 $319,629 $234,001 $85,628
2019 $10,466 $316,184 $246,317 $69,867
2018 $8,908 $262,395 $216,759 $45,636
2017 $8,908 $262,395 $216,759 $45,636
2016 $8,908 $262,394 $216,758 $45,636
2015 $8,921 $262,394 $216,758 $45,636
2014 $8,935 $262,395 $216,759 $45,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 970938

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 171A3-G-010