1157 Merchant Ln
Townsend, GA 31331
3 bd 2 ba 1,446 sqft Built 2017 Lot 240,016 sqft single_family
Most recent sale
$230,000
Mar 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 11, 2022 | Sold | $230,000 | MLS #20017248 |
| Feb 8, 2022 | Listed | $215,000 | MLS #20017248 |
| Feb 7, 2022 | Listed | $215,000 | MLS #264127 |
| Apr 6, 2020 | Sold | $150,000 | Public Record |
| Feb 22, 2018 | Sold | $136,000 | Public Record |
| Feb 16, 2018 | Sold | $135,900 | GoldenIsles |
| Dec 4, 2017 | Listed | $129,900 | GoldenIsles |
| Jul 17, 2017 | Sold | $25,000 | Public Record |
| Jun 29, 2007 | Sold | $200,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $99,640 | $16,000 | $115,640 | $2,700 |
| 2024 | $99,640 | $16,000 | $115,640 | $2,653 |
| 2023 | $94,160 | $10,000 | $104,160 | $2,016 |
| 2022 | $77,200 | $10,000 | $87,200 | $2,579 |
| 2021 | $50,367 | $9,634 | $60,001 | $1,822 |
| 2020 | $52,280 | $10,000 | $62,280 | $1,906 |
| 2019 | $45,961 | $8,399 | $54,360 | $1,596 |
| 2018 | $46,160 | $12,000 | $58,160 | $1,545 |
| 2017 | — | $15,000 | $15,000 | $398 |
| 2016 | — | $15,000 | $15,000 | $398 |
| 2015 | — | $10,000 | $10,000 | $266 |
| 2014 | — | $10,000 | $10,000 | $266 |
| 2013 | — | $10,000 | $10,000 | $267 |
| 2011 | — | $15,000 | $15,000 | $275 |
| 2009 | — | $15,000 | $15,000 | $441 |
| 2008 | — | $15,000 | $15,000 | $397 |
Property facts
Year built
2017
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,446 sqft
Lot size
240,016 sqft
ZIP code
31331
City
Townsend
Street
Merchant Ln
Coordinates
31.47318, -81.42038
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,241
Gross rental yield
11.69%
Implied cap rate
7.60%
Trend-extrapolated value
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Frequently asked questions
When did 1157 Merchant Ln last sell?
1157 Merchant Ln most recently sold on Mar 11, 2022 for $230,000.
What is the current tax assessment for 1157 Merchant Ln?
The most recent total assessment for 1157 Merchant Ln (year 2025) is $115,640 with $2,700 in property tax.
How does 1157 Merchant Ln's assessment compare to its last sale price?
The current assessment is 49.7% below the last sale price of $230,000.
When was 1157 Merchant Ln built?
1157 Merchant Ln was built in 2017.
How does 1157 Merchant Ln compare to others on Merchant Ln?
We track 8 other properties on Merchant Ln. Browse the list under "Other properties on Merchant Ln" to compare beds, baths, and sale history.
What are the property facts for 1157 Merchant Ln?
1157 Merchant Ln is a 3 bed, 2 bath, 1,446 sqft, 240,016 sqft lot single_family.
Is 1157 Merchant Ln a flip candidate?
Yes — 1157 Merchant Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1157 Merchant Ln a tax-appeal candidate?
No — 1157 Merchant Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.0%
Implied 1-yr
+15.9%
2026 Q3
$279.3K
2026 Q4
$281.1K
ZIP 31331 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Merchant Ln