$2,120,000
SOLD DEC 30, 2021

8938 University Dr Commerce, GA 30529

Commerce Township Downtown Neighborhood
-- Bed
-- Bath
-- Sq Ft
1.84 Acres

Recently Sold

5 Days on Market

Highlights

  • 1.84 Acre Lot
  • No HOA
  • Guest Parking
  • Commerce Primary School Rated A-
  • Parking Storage or Cabinetry
  • Property is near schools

About This Home

As of December 2021

Investor opportunity in the city of Commerce. 4 buildings with 17 total units that include 8 apartments and 9 townhomes. 4 sides brick exterior with covered parking for each unit plus ample parking for guests. Total exterior overhaul just completed with new roofs and paint on all units and carports. The apartments have 2 br/1 ba and the townhomes have 2 br/1.5 ba. Townhomes have w/d hook ups and apartments share coin laundry. Shown by appointment only - Please do not disturb tenants.

Last Agent to Sell the Property

Alana Bond

Bonco Realty License #159801 Listed on: 10/15/2021

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,423

Year Built

  • Built in 1961

Lot Details

  • 1.84 Acre Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry in unit

Parking

  • 2 Car Garage
  • Carport
  • Over 1 Space Per Unit
  • Parking Storage or Cabinetry
  • Parking Accessed On Kitchen Level
  • Parking Shed
  • Side or Rear Entrance to Parking
  • Guest Parking
  • Off-Street Parking

Location

  • Property is near schools
  • Property is near shops

Schools

  • Commerce Primary/Elementary School
  • Commerce Middle School
  • Commerce High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for sewer, water

Community Details

Overview

  • No Home Owners Association
  • 17 Units
  • Mary Bowlan Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,423

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1961
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 1.84
  • Structure Type: Multi Family (5+ Units), Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Price Per Square Foot: 1152173

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit, Carport, Detached, Guest, Kitchen Level, Off Street, Parking Shed, Side/Rear Entrance, Storage
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: Coin Laundry, In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Commerce Primary/Elementary
  • High School: Commerce
  • Middle School: Commerce
  • Elementary School: Commerce Primary/Elementary
  • Middle School: Commerce
  • High School: Commerce

Rental Info

  • Owner Pays: Sewer, Water

Tax Info

  • Year: 2020
  • Tax Annual Amount: 12423.08

Multi Family

  • NumberOfUnitsTotal: 17

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Rented $1,150 0.0% --
07/27/2023 07/27/23 Price Changed $1,150 -8.0% $1 / Sq Ft
07/16/2023 07/16/23 For Rent $1,250 +8.7% --
06/10/2022 06/10/22 Rented $1,150 0.0% --
05/12/2022 05/12/22 For Rent $1,150 0.0% --
12/30/2021 12/30/21 Sold $2,120,000 0.0% --
10/20/2021 10/20/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $2,120,000 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Alana Bond

    Bonco Realty

    (706) 338-0818

    3 in this area

    48 Total Sales

    Section Image
  • Glenda Broker

    Buyer's Agent in 2021

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Section Image
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Map

Source: Georgia MLS

MLS Number: 9067419

Georgia MLS

Georgia Jackson County Commerce 30529 Commerce Township Downtown

8938 University Dr, Commerce, GA

This home is located at 8938 University Dr, Commerce, GA 30529 and is currently priced at $2,120,000. This property was built in 1961. 8938 University Dr is a home located in Jackson County with nearby schools including Commerce Primary School, Commerce Elementary School, and Commerce Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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