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24 Merck Street

24 Merck Street, Gainesville, GA 30501
Property in Hall
Sold Jun 30, 2020
$130,000
$126,100 by Everett Financial
Mortgage Due Jan 01, 2050
Sold Dec 23, 2003
Transfer
$73,340 by Homestar Fin'l Corp
Mortgage Due Dec 01, 2033
24 Merck Street in Gainesville, GA was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 2000. 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. 24 Merck Street has 1,232 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 800 ft and the linear feet between the front and back of the lot is 1,860. In total, the area measurement of the land is 14,854 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 metal. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 wood 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. 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, 24 Merck Street sold most recently in Jun 30, 2020 for a total of $130,000. If you work out the math, that's approximately a cost of $105.52 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 $2,886 in taxes each year. 24 Merck Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,280. If we break it down further, the land itself was valued at $22,480. Improvements to the property, however, were assessed at a total of $86,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2000
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Log cabin/Rustic
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,854
  • Lot Size Depth Feet: 1,860
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: A H HOLLAND S/D
  • Land Acres: 0.341
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 A H HOLLAND S/D

Ownership

  • Current Owner : GONZALEZ LUIS DANIEL
  • Previous Owner : FELIX ADRIANA CORDE
  • Owner Before Previous Owner: SEC OF HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 001101

Zoning

  • Zoning: R-II

Geography

  • Account Number: 2475
  • District: 001
  • Parcel: 00-133 -010-005
  • Lot: 6
  • Municipality: COUNTY
  • Latitude: 34.2745
  • Longitude: -83.8393

    Address

  • Full Address: 24 Merck St
  • Address - House Number: 24
  • Address - Street Name: Merck
  • Address - Suffix Type: St
  • State: GA
  • City Name: Gainesville
  • Carrier Code: C021
  • 4-Digit Zip Code: 6531
  • Zip Code: 30501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,886
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 254,701
  • High Value: 316,818
  • Low Value: 192,585

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,100
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $126,100
  • 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, 2050

    Market Valuation

  • Market Total Value: $273,200
  • Market Land Value: $56,200
  • Market Improvement Value: $217,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,280
  • Assessed Land Value: $22,480
  • Assessed Improvements Value: $86,800

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11775930086
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-004456
  • Previous Sale Recording Date: Dec 23, 2003
  • Previous Sale Contract Date: Dec 01, 2003
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $126,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTAR FIN'L CORP
  • Previous Mortgage Transaction Date: Dec 23, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $73,340
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2033

About Gainesville



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 24 Merck Street located in?
The 24 Merck Street is a located in the neighborhood of Hall in Gainesville, Gainesville.
What is the average sales price for listings in 24 Merck Street?
The average sales price for units in 24 Merck Street is $0 currently.

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