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Cornelia 30531
521 SUMMIT Street
$410,000
● House - Off Market

521 SUMMIT Street

Cornelia, GA 30531
bedrooms
7 Beds
bathrooms
4 Baths
square feet
2,632 Ft²
$2,226
Est. Monthly
13.63%
Cap Rate

About This Property

UNIQUE RENTAL: TWO RENTAL HOMES WITH ONLY ONE SET OF ESCROW! GRANDFATHER IN! OWNER FINANCING AVAILABLE, TWO FULLY RENOVATED HOMES ON SAME LOT. BACK HOUSE CURRENTLY IS RENTED FOR 1550 A MONTH. SEWER CONNECTED with TWO SEPARATE ELECTRIC METERS. House Hack Available.     Corner lot land walking distance from up and coming Cornelia Square. Priced significantly under last appraisal.     MAIN HOUSE is a Historical 4 Bed 2 Bath that has been brought back to life with the finest updates. Walking in the front door you will be astonished by the uniqueness of the home. The kitchen has been updated with new cabinets, solid granite counter tops, with all new appliances. Following through out the large and open living room you will find all other bedrooms with each bedroom having their own character and color. Master bedroom includes a large walk-in closet and a large Master bath with high ceilings, double Vanity, shower/tub and a linen closet.  Stepping out the back door you will find a deck perfect for relaxing and grilling.     BACK HOUSE is a 3 Bed 2 bath that has also been renovated and updated. Walking in the front door you will have the open living room with one bathroom with a shower. Kitchen includes a Fridge, dishwasher, microwave and oven/stove combo. Walking upstairs you will find the three  bedrooms and Bathroom.     Houses pay for themselves and net income as well.
Unit Size
2,632 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$158
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1917

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Last updated: 2 years ago (GAMLS #10317103)

Price History

Date / Event Date Event Price
Nov 12, 2024 Sold
Sold
Oct 9, 2024 Price Increased $415,000
↑ $15K (3.8%)
Price Increased
Oct 9, 2024 In contract -
In contract
Aug 27, 2024 Relisted $399,999
Relisted
Jul 31, 2024 In contract -
In contract
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1980
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 7
  • Basement Area: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,008
  • Gross Building Area: 2,888
  • Building Area: 2,008
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: R1
  • Legal Description 1: 10-172 WILL 1270-1094

Neighborhood

  • School District Name: Habersham County School District
  • School Tax School District: CORNELIA
  • Census Tract: 000400

Zoning

  • Zoning: R1

Geography

  • Account Number: 681599
  • District: 03
  • Parcel: 116A156
  • Municipality: CORNELIA
  • Latitude: 34.5113
  • Longitude: -83.5227

    Address

  • Full Address: 521 Summit St
  • Address - House Number: 521
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: GA
  • City Name: Cornelia
  • Carrier Code: C003
  • 4-Digit Zip Code: 3656
  • Zip Code: 30531

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $225,331
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0952
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 426,040
  • High Value: 466,641
  • Low Value: 385,440

    Market Valuation

  • Market Total Value: $217,040
  • Market Land Value: $15,300
  • Market Improvement Value: $201,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,816
  • Assessed Land Value: $6,120
  • Assessed Improvements Value: $80,696

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-001714
  • Previous Sale Recording Date: Mar 31, 2021
  • Previous Sale Contract Date: Mar 31, 2021
  • Previous Sale Amount: $130,000
  • 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 Cornelia


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 257 Linda Way, Cornelia, GA, 30531

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,404 ft²
257 Linda Way, Cornelia, GA, 30531
Unit for rent at 700 Old Lake Russell Road, Cornelia, GA, 30531

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 3,285 ft²
700 Old Lake Russell Road, Cornelia, GA, 30531


Frequently Asked Questions

When was property at 521 Summit Street built and last sold?
The property at 521 Summit Street was built in 1917 and last sold on Jun 22, 2021 for $176,400.
How much is this home worth?
The estimated value of the home located at 521 Summit Street is $412,741.
What are some comparable homes to 521 Summit Street?
There are currently no comparable homes to 521 Summit Street.