NOT LISTED FOR SALE

Estimated Value: $220,599

-- Bed
2 Baths
1,100 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $131,000 $119 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,272/month

266 Days on Market

Highlights

  • Display Windows
  • Commerce Primary School Rated A-
  • Central Heating and Cooling System

About This Home

As of January 2022

Corner Commercial lot, borders two streets. Located in growing downtown Commerce, GA. Tenant occupied. Possible assemblage of 3 adjoining lots. Investor owned, no disclosures. Listing includes one commercial building and adjacent lot. Aerial photo shows view of possible assemblage.

Last Agent to Sell the Property

Lamar Roberts

Braselton Real Estate Group License #331691 Listed on: 02/09/2021

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 1970

Lot Details

  • 0.48 Acre Lot
  • Property fronts a highway
  • Zoning described as C3

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Display Windows

Additional Features

  • City Lot
  • Central Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$1,673

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1970
  • Financing Type: Cash
  • Lot Size Acres: 0.48
  • Road Frontage Type: Highway
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • NumberOfBuildings: 1

Exterior Features

  • Frontage Road: 130
  • Construction Materials: Brick
  • Lot Features: City Lot
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Other
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Electric, Central
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Plat Book: 61
  • Plat Page: 41
  • Zoning Description: C3

Building Info

  • BuildingAreaTotal: 1100
  • Building Features: Display Window(s)

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Sold by
Arepu Lalitha Spurthy
Bought by
Broadstar Investments Llc
Current Estimated Value
$220,599

Purchase Details

Listed on
Feb 9, 2021
Closed on
Jan 6, 2022
Sold by
Roberts Lamar
Bought by
Arepu Lalitha Spurthy and Kommineni Naveen Babu
Seller's Agent
Lamar Roberts
Braselton Real Estate Group
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$199,900
Sold Price
$131,000
Premium/Discount to List
-$68,900
-34.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
Jan 19, 2021
Sold by
Hanley Jerry M
Bought by
Roberts Lamar

Purchase Details

Closed on
Jan 7, 2003
Sold by
Hanley James M and Hanley Mar
Bought by
Hanley Jerry M

Purchase Details

Closed on
Dec 30, 1996
Bought by
Hanley James M and Hanley Mar
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
Broadstar Investments Llc -- --
Arepu Lalitha Spurthy $262,000 --
Roberts Lamar $125,000 --
Hanley Jerry M -- --
Hanley Jerry M $50,000 --
Hanley James M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $131,000 -27.2% $119 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $180,000 -10.0% $164 / Sq Ft
02/09/2021 02/09/21 For Sale $199,900 -- $182 / Sq Ft
Source: Georgia MLS

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 $1,282 $46,440 $40,040 $6,400
2023 $1,282 $46,240 $40,040 $6,200
2022 $1,457 $44,920 $12,000 $32,920
2021 $1,454 $44,920 $12,000 $32,920
2020 $1,394 $38,480 $12,000 $26,480
2019 $1,415 $38,480 $12,000 $26,480
2018 $1,362 $37,360 $12,000 $25,360
2017 $1,294 $34,889 $12,023 $22,866
2016 $1,300 $34,889 $12,023 $22,866
2015 $1,233 $32,336 $6,104 $26,232
2014 $1,332 $34,651 $7,847 $26,804
2013 -- $34,651 $7,847 $26,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8925663

Georgia MLS

APN: C02-098