Check Availability

112 Freedom Lane

112 Freedom Lane, Commerce, GA 30530
House in Banks
Sold Dec 17, 2021
$407,500
$277,500 by Banksouth Mortgage
Mortgage Due Jan 01, 2052
Local assessors in Commerce, GA have categorized 112 Freedom Lane as a residential type of property. The home was built in 2005 and is 19 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 431,244 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 112 Freedom Lane has a total of 1,887 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of metal. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 112 Freedom Lane sold most recently in Dec 17, 2021 for a total of $407,500. If you work out the math, that's approximately a cost of $215.95 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,950 in taxes each year. 112 Freedom Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $144,949. If we break it down further, the land itself was valued at $39,798. Improvements to the property, however, were assessed at a total of $105,151. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
Aluminum Siding

Parking

Carport
Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2015
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 431,244
  • Total Building Area: 1,887
  • Building Area: 1,887
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,887
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROVE RIVER ESTATES - 00105
  • Land Acres: 9.9
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 3 PB D-35 GROVE RIVER

Ownership

  • Current Owner : DELVALLE JORGE
  • Current Owner 2: DELVALLE MONICA
  • Previous Owner : COALSON JOHNNY EUGENE ESTATE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Banks County School District
  • School Tax School District: COUNTY
  • Census Tract: 970400

Zoning

  • Zoning: ARR

Geography

  • Account Number: 7681
  • Parcel: B79F004
  • Lot: 3
  • Municipality: UNINCORPORATED
  • Latitude: 34.2715
  • Longitude: -83.3973

    Address

  • Full Address: 112 Freedom Ln
  • Address - House Number: 112
  • Address - Street Name: Freedom
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Commerce
  • Carrier Code: R008
  • 4-Digit Zip Code: 6825
  • Zip Code: 30530

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,950

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 73
  • Final Value: 467,535
  • High Value: 559,768
  • Low Value: 375,301

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,500
  • First Open Lien Mortgage Lender: BANKSOUTH MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $277,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $362,373
  • Market Land Value: $99,495
  • Market Improvement Value: $262,878

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,949
  • Assessed Land Value: $39,798
  • Assessed Improvements Value: $105,151

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11875449858
  • Current Sale Price: $407,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-001299

    Last Sale Mortgage

  • First Mortgage Lender: BANKSOUTH MORTGAGE
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $277,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Banks



Similar Buildings

House at 112 Freedom Lane,

131 Freedom Lane

  • 1 Unit for Sale
131 Freedom Lane, Commerce, GA 30530
House at 112 Freedom Lane,

820 Sims Bridge Road

  • 1 Unit for Sale
820 Sims Bridge Road, Commerce, GA 30530

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 112 Freedom Lane located in?
The 112 Freedom Lane is a house located in the neighborhood of Banks in Banks, Commerce.
What is the average sales price for listings in 112 Freedom Lane?
The average sales price for units in 112 Freedom Lane is $0 currently.

Quantcast