See Home Value
Morgan 30663
3231 Prospect Road
$220,000
● House - Off Market

3231 Prospect Road

Rutledge, GA 30663
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,768 Ft²
$1,507
Est. Monthly
5.44%
Cap Rate

About This Property

Here's an opportunity to be an integral part of Morgan County's unwavering commitment to preserve its historic structures and farmland.  Situated on 1.88 parcel, this Fairplay Schoolhouse is surrounded by mature hardwood trees and pristine farmland.  This property is one of Morgan County's last remaining historic schoolhouses.   Built around 1898, this unique structure served as the community's schoolhouse until 1938.   Under one family's stewardship, the Fairplay School served as a residence from 1953 until 2022.   The metal roof was put on within the last 10 years. The Morgan County Conservancy purchased the property with its revolving fund and seeks to advise the next owner in restoring its original facade, while creating an interior space for modern living.  Preservation restrictions will apply.
Unit Size
1,768 Ft²
Days on Market
-
Land Size
1.88 acres
Price per sqft
$161
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1902

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Last updated: 3 years ago (GAMLS #10240708)

Price History

Date / Event Date Event Price
Feb 22, 2024 Sold
Sold
Feb 6, 2024 No longer available -
No longer available
Jan 13, 2024 Listed by MADISON REALTY $285,000
Listed by MADISON REALTY
HERE'S AN OPPORTUNITY TO BE AN INTEGRAL PART OF MORGAN COUNTY'S UNWAVERING COMMITMENT TO PRESERVE ITS HISTORIC STRUCTURES AND FARMLAND. SITUATED ON 1.88 ACRE PARCEL, THIS FAIRPLAY SCHOOLHOUSE IS SURROUNDED BY MATURE HARDWOOD TREES AND PRISTINE FARMLAND. THIS PROPERTY IS ONE OF MORGAN COUNTY'S LAST REMAINING HISTORIC SCHOOLHOUSES. BUILT AROUND 1898, THIS UNIQUE STRUCTURE SERVED AS THE COMMUNITY'S SCHOOLHOUSE UNTIL 1938. UNDER ONE FAMILY'S STEWARDSHIP, THE FAIRPLAY SCHOOL SERVED AS A RESIDENCE FROM 1953 UNTIL 2022. THE MORGAN COUNTY CONSERVANCY PURCHASED THE PROPERTY WITH ITS REVOLVING FUND AND SEEKS TO ASSIST THE NEXT OWNER IN RESTORING ITS ORIGINAL FACADE, WHILE CREATING AN INTERIOR SPACE FOR MODERN LIVING. The manager has listed the unit size as 1768 square feet.
Jan 11, 2024 No longer available -
No longer available
Dec 10, 2023 No longer available -
No longer available
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Property Highlights


Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1993
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 16
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RURAL LOT 2 - 3 ACRE
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: R4

Neighborhood

  • School District Name: Morgan County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 010200

Zoning

  • Zoning: AR - AG/RE

Geography

  • Account Number: 989
  • District: 20
  • Parcel: 010 051
  • Municipality: UNINCORPORATED
  • Latitude: 33.6849
  • Longitude: -83.5775

    Address

  • Full Address: 3231 Prospect Rd
  • Address - House Number: 3231
  • Address - Street Name: Prospect
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Rutledge
  • Carrier Code: R001
  • 4-Digit Zip Code: 2017
  • Zip Code: 30663

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $128,616
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: UNINCORPOR

    Appraisal Valuation

  • Standard Deviation: 0.0983
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 90
  • Final Value: 212,832
  • High Value: 233,766
  • Low Value: 191,898

    Market Valuation

  • Market Total Value: $193,919
  • Market Land Value: $37,600
  • Market Improvement Value: $156,319

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,568
  • Assessed Land Value: $15,040
  • Assessed Improvements Value: $62,528

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 14, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Document Type: 55
  • Previous Sale Recording Date: Feb 22, 2024
  • Previous Sale Contract Date: Feb 14, 2024
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morgan


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Frequently Asked Questions

When was property at 3231 Prospect Road built and last sold?
The property at 3231 Prospect Road was built in 1902 and last sold on Feb 14, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 3231 Prospect Road is $303,138.
What are some comparable homes to 3231 Prospect Road?
There are currently no comparable homes to 3231 Prospect Road.