2951 Commerce Place

Local assessors in Mcdonough, GA have categorized 2951 Commerce Place as a industrial type of property. The home was built in 1992 and is 32 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 41,382 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 2951 Commerce Place has a total of 3,200 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. 2951 Commerce Place is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 steel control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a steel frame or truss style roof that was made of metal. Lots of metal were used in the construction of the exterior walls of the home. While the walls in the interior have been made of unfinished materials. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 2951 Commerce Place sold most recently in Oct 15, 2021 for a total of $260,000. If you work out the math, that's approximately a cost of $81.25 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 $4,520 in taxes each year. The initial year of tax delinquency occurred in 2019. 2951 Commerce Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,480. If we break it down further, the land itself was valued at $53,800. Improvements to the property, however, were assessed at a total of $64,680. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.