NOT LISTED FOR SALE

Estimated Value: $789,000 - $1,132,000

-- Bed
2 Baths
3,124 Sq Ft
$306/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $850,000 $272 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,351/month

42 Days on Market

Highlights

  • No HOA
  • Johnnie Lay Burks Elementary School Rated A-
  • 1-Story Property

About This Home

As of May 2024

Location, Location, Location! If you're looking for the three pillars of real estate, this historic building is as good as it gets. Formerly used as a dermatologist's office, this residentially zoned property is primed for your vision! Don't miss a rare opportunity to transform an iconic Athens gem into one of the most spectacular homes in Normaltown!

The improvement sits on a beautiful, elevated .84-acre lot on one of the most desirable streets in Athens and is only steps away from Piedmont Athens Regional Hospital. The property is located in the Cobbham historic district, ensuring the area will remain aesthetically stable while allowing interior renovations.

The interior is currently divided into a reception area, multiple exam rooms, and several administrative areas, and will likely require a FULL "down to the studs" renovation to return to residential use. As such, no disclosures are offered, and the property is being SOLD AS IS.

There is also a MASSIVE attic area with dramatic vaulted ceilings that may be able to be renovated for additional living space or an income-producing apartment. It is the buyer's responsibility to confirm all permitted uses and allowed renovations with ACC planning.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,582

Year Built

  • Built in 1960

Lot Details

  • Property is zoned RS-8

Interior Spaces

  • 2 Full Bathrooms
  • 3,124 Sq Ft Home
  • 1-Story Property

Parking

  • 50 Parking Spaces
  • Off-Street Parking

Schools

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

Community Details

  • No Home Owners Association
  • Cobbham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122B1-A-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,582

Year Built

Built in 1960

Lot Details

0

Listing Details

  • GarageYN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1960
  • Subdivision Name: Cobbham
  • Architectural Style: Other
  • Tax Year: 2023
  • Master Plan Zoning: RS-8
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Other Structures: Storage
  • Waterfront: No
  • Acres: 0.84
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Other
  • Foundation Details: Other

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 50.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Clarke Middle

Lot Info

  • Lot Size Area: 0.84
  • Parcel Number: 122B1-A-026
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10582.0

MLS Schools

  • Elementary School: Chase Street
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
May 3, 2024
Sold by
Tlap Properties Llc
Bought by
728 Cobb Llc
List Price
$985,000
Sold Price
$850,000
Premium/Discount to List
-$135,000
-13.71%
Current Estimated Value
$971,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,211
Avg. Annual Appreciation
9.79%
Original Mortgage
$45,000
Outstanding Balance
$44,567
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$912,497

Purchase Details

Closed on
Dec 15, 2022
Sold by
Lockman David S
Bought by
Tlap Properties Llc
Source: Public Records

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
728 Cobb Llc $850,000 --
Tlap Properties Llc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 728 Cobb Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $850,000 -13.7% $272 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $985,000 -- $315 / Sq Ft
Source: Savannah Multi-List Corporation

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 $12,400 $396,798 $67,500 $329,298
2023 $12,400 $338,651 $67,500 $271,151
2022 $8,713 $273,147 $67,500 $205,647
2021 $8,108 $240,587 $67,500 $173,087
2020 $7,639 $226,678 $67,500 $159,178
2019 $7,398 $217,921 $67,500 $150,421
2018 $6,979 $205,558 $67,500 $138,058
2017 $6,751 $198,861 $67,500 $131,361
2016 $6,576 $193,709 $67,500 $126,209
2015 $5,911 $173,846 $60,000 $113,846
2014 $5,919 $173,846 $60,000 $113,846
Source: Public Records

Map

Source: Savannah Multi-List Corporation

MLS Number: CM1014565

Savannah Multi-List Corporation

APN: 122B1-A-026