NOT LISTED FOR SALE

950 Dr Martin Luther King jr Pkwy Athens, GA 30601

North Avenue Neighborhood

Estimated Value: $403,000 - $481,000

0.12 Acre
$3,607,625 Price per Acre
5,227 Sq Ft Lot

Last Sold July 27, 2022

Last sale price $73,750

Est. 487% increase in value since last sale

Current estimated payment $2,704/month

10 Days on Market

Highlights

  • No HOA
  • No Heating
  • 3-minute walk to North Oconee River Greenway

About This Lot

As of July 2022

Per Seller, 950, 954, 958 and 962 Dr. Martin Luther King Jr. Parkway must be sold together as a package. Each lot does have its own parcel # and according to Clarke County, the lots can be re-combined without going through a re-zone. Zoned RM-1, Mixed Density Residential. Great location, minutes from downtown Athens, and a fabulous investment with a plethora of options and opportunities.

Last Agent to Sell the Property

Jane Greenway

Coldwell Banker Upchurch Realty License #226838 Listed on: 06/17/2022

Last Buyer's Agent

Aaron Cirou

Arch Properties and Investment, LLC License #244922

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $606

Lot Details

Schools

  • Howard B. Stroud Elementary School
  • Coile Middle School
  • Cedar Shoals High School

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 163D1 C008C

Property Details

Property Type

Land

Est. Annual Taxes

$606

Lot Details

0

Listing Details

  • Property Type: Land
  • Subdivision Name: No Recorded Subdivision
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.12

Utilities

  • Sewer: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • HeatingYN: No
  • Utilities: Sewer Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Coile Middle

Lot Info

  • Lot Size Area: 0.12
  • Parcel Number: 163D1 C008C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 606.0

MLS Schools

  • Elementary School: Howard B. Stroud Elementary
  • HighSchool: Cedar Shoals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 27, 2022
Sold by
Lab P I Grp Llc
Bought by
Mcelhannon Construction And Grading Inc
Seller's Agent
Jane Greenway
Coldwell Banker Upchurch Realty
Buyer's Agent
Aaron Cirou
Arch Properties and Investment, LLC
List Price
$75,000
Sold Price
$73,750
Premium/Discount to List
-$1,250
-1.67%
Current Estimated Value
$432,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,165
Avg. Annual Appreciation
75.08%
Original Mortgage
$207,000
Interest Rate
5.7%
Mortgage Type
New Conventional
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
Mcelhannon Construction And Grading Inc $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcelhannon Construction And Grading Inc $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $73,750 -1.7% --
06/27/2022 06/27/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $75,000 -- --
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 $5,000 $168,231 $24,000 $144,231
2023 $2,462 $78,780 $24,000 $54,780
2022 $574 $18,000 $18,000 $0
2021 $607 $18,000 $18,000 $0
2020 $607 $18,000 $18,000 $0
2019 $577 $17,000 $17,000 $0
2018 $577 $17,000 $17,000 $0
2017 $577 $17,000 $17,000 $0
2016 $577 $17,000 $17,000 $0
2015 $578 $17,000 $17,000 $0
2014 $579 $17,000 $17,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM988955

Savannah Multi-List Corporation

APN: 163D1-C-008-C