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$1,000,000
Listing Price--beds
1baths
1,490sqft
201,247sqft lot
1140 Dr Martin Luther King Pkwy, Athens, GA 30601
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Pending
Off Market
Home type
Price / sqft
Year built
Home Details
Georgia Premier Real Estate Advisors is pleased to offer for sale this +/- 5 acre redevelopment tract ideally located near downtown Athens and the loop for easy access. This tract is zoned RS-8 which allows for a maximum density of 3.8 residential dwellings per acre. There is a pond on site that, according to Athens-Clarke County is NOT a state waters and therefore would not require buffers. The pond could also be drained and filled for increased developable land with proper permitting. The seller has a letter in hand from Athens - Clarke County stating the above. There are two rental homes on the property that are fully leased for a total of $3,400 per month. Use this cash flow to carry the property until ready to redevelop. Leases are in place until November, 2024.
Interior Details
1490
N/A
1
Has Heating:
Yes
Heating Type:
Heat Pump
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
Hardwood
Has Fireplace:
No
Fireplace Type:
N/A
Property Details
201247
No
No
Type:
Mixed
Location:
N/A
Status:
N/A
Number of Spaces:
4
No
No
No
No
Yes
No
No
Construction Details
Other
Brick
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$5,020
$77,616
$71,366
--%
$148,982
2019
$4,744
$77,616
$62,124
--%
$139,740
2018
$4,403
$77,616
$52,079
--%
$129,695
2017
$3,619
$77,616
$39,001
--%
$116,616
2016
$3,584
$77,616
$37,974
--%
$115,590
2014
$3,586
$77,616
$37,974
--%
$115,590
2013
$3,586
$77,616
$37,974
--%
$115,590
2012
$3,690
$77,616
$41,821
--%
$119,437
Average Home Price in 30601
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