c. 1900 – Lexington, GA

Added to OHD on 8/23/19   -   Last OHD Update: 4/12/20   -   4 Comments
SOLD / Archived Post
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695 Elberton Rd, Lexington, GA 30648

Map: Street

  • $185,000
  • 3 Bed
  • 1 Bath
  • 2012 Sq Ft
  • 46.76 Ac.
Homestead on 46+ acres in Oglethorpe County. Mostly wooded land but several acres of open pasture and farmland. Early 1900's farmhouse with original heart pine floors with pine bead board walls and ceilings. 3 Bedrooms and 1 Bath, with 10'+ tall ceilings. Nicely sized kitchen and dining rooms. Home also features a covered front porch, screen porch, and sun room. Home needs renovations but well looked after. New metal roof in 2019. Several outbuildings including tractor shed/garage, storage sheds, and old barn full of salvageable lumber. Land is under conservation use for tax assessment.
Contact Information
Cord Sibilsky, Greater Athens Properties
(706) 510-5189
Links, Photos & Additional Info

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4 Comments on c. 1900 – Lexington, GA

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  1. BethanyBethany says: 3465 comments
    OHD Supporter

    1983 White elephant
    Escondido, CA

    What a cool property! The house needs just a little elbow grease (and maybe central a.c.) to be move-in-ready for this easy-to-please girl.

    0
  2. I love the jade green bathtub! And all that acreage!

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  3. ZerberbabyZerberbaby says: 37 comments
    1967 cape cod
    VALPARAISO, IN

    Anyone know what “land is under conservation use for tax assessment” means? Does the land actually belong to the buyer and they are getting a tax break of some type? Or does the land have one of those 100 year leases on it that does not allow the actual “owner” to use, access, or lease/sell it as they wish too?

    0
    • Kelly, OHDKelly, OHD says: 12208 comments
      Admin

      1901 Folk Victorian
      Chestatee, GA

      https://dor.georgia.gov/conservation-use-assessment-information

      “Conservation use property is assessed at 40% of current use value which gives a reduced assessment to the owner of this type property when compared to other property assessed at 40% of fair market value. This favorable tax treatment is designed to protect these property owners from being pressured by the property tax burden to convert their land from agricultural use to residential or commercial use, hence the name “conservation use” assessment. In return for the favorable tax treatment, the property owner must keep the land undeveloped in a qualifying use for a period of ten years or incur stiff penalties. Owners who breach their conservation use covenant must pay back to the taxing authorities twice the savings they have received over the life of the covenant up to the point it was breached.”

      0

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