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2625 Old Cornelia Highway

2625 Old Cornelia Highway, Gainesville, GA 30507
Property in Hall
Sold Aug 24, 2021
$212,000
$201,400 by Homestar Financial
Mortgage Due Jan 01, 2051
Sold Aug 03, 2020
$95,000
$85,000 by David Pierce Family
Mortgage Due Jan 01, 2035
2625 Old Cornelia Highway in Gainesville, GA was first built in 1945 and is 79 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a log cabin/rustic style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2625 Old Cornelia Highway has 943 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 2,860. In total, the area measurement of the land is 20,081 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. 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, 2625 Old Cornelia Highway sold most recently in Aug 24, 2021 for a total of $212,000. If you work out the math, that's approximately a cost of $224.81 per sqft. Before that, the property was also sold for $95,000 in Aug 3, 2020. 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 $2,530 in taxes each year. 2625 Old Cornelia Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $95,440. If we break it down further, the land itself was valued at $7,600. Improvements to the property, however, were assessed at a total of $87,840. 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

Aluminum Siding
Concrete Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 2010
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Log cabin/Rustic
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,081
  • Lot Size Depth Feet: 2,860
  • Lot Size Frontage Feet: 700
  • Total Building Area: 943
  • Building Area: 943
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 943
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: J H WASHINGTON
  • Land Acres: 0.461
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD CORNELIA HIGHWAY

Ownership

  • Current Owner : ALFARO LUCIA T GOMEZ
  • Current Owner 2: CONTRERAS MIREYA J
  • Previous Owner : MENDOZA MARIA DEL CARMEN
  • Owner Before Previous Owner: DAVID PIERCE FAMILY LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 000602

Zoning

  • Zoning: AR-IV

Geography

  • Account Number: 46927
  • District: 001
  • Parcel: 15-021B-000-049
  • Municipality: COUNTY
  • Latitude: 34.3138
  • Longitude: -83.7695

    Address

  • Full Address: 2625 Old Cornelia Hwy
  • Address - House Number: 2625
  • Address - Street Name: Old Cornelia
  • Address - Suffix Type: Hwy
  • State: GA
  • City Name: Gainesville
  • Carrier Code: R005
  • 4-Digit Zip Code: 7858
  • Zip Code: 30507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,530
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 304,090
  • High Value: 373,966
  • Low Value: 234,215

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,400
  • First Open Lien Mortgage Lender: HOMESTAR FINANCIAL
  • First Open Lien Mortgage Recording Date: Aug 24, 2021
  • First Open Lien Mortgage Loan Amount: $201,400
  • 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, 2051

    Market Valuation

  • Market Total Value: $238,600
  • Market Land Value: $19,000
  • Market Improvement Value: $219,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,440
  • Assessed Land Value: $7,600
  • Assessed Improvements Value: $87,840

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Transaction ID: 11857107525
  • Current Sale Price: $212,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-009143
  • Previous Sale Recording Date: Aug 03, 2020
  • Previous Sale Contract Date: Aug 03, 2020
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTAR FINANCIAL
  • First Mortgage Transaction Date: Aug 24, 2021
  • First Mortgage Loan Amount: $201,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DAVID PIERCE FAMILY
  • Previous Mortgage Transaction Date: Aug 03, 2020
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 172
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Hall



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Frequently Asked Questions

What neighborhood is 2625 Old Cornelia Highway located in?
The 2625 Old Cornelia Highway is a located in the neighborhood of Hall in Hall, Gainesville.
What is the average sales price for listings in 2625 Old Cornelia Highway?
The average sales price for units in 2625 Old Cornelia Highway is $0 currently.

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