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Spalding 30223
1053 Teamon Road
$875,000
● House - Off Market

1053 Teamon Road

Griffin, GA 30223
bedrooms
5 Beds
bathrooms
6 Baths
square feet
4,000 Ft²
$914,258
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

NO TRESPASSING!! Custom built in 2019 on 5.81 acres! Welcome Home! This gorgeous home features 5 bedrooms 6 full baths-all bedrooms have own private bath. 3-car covered garage to park and showcase your beauties, tinted glass garage doors, and enough parking for 10+ cars, circular drive with cascading fountain at iron front door with operable glass panels. 8 ft doors and 10 ft ceilings throughout main level with beautiful show staircase. Open first level with Formal dining, chefs kitchen, 2-story family room with bookcases, owner's suite on main, with possible nursery, covered deck with beautiful brick fireplace. If you love to entertain, this beauty is for you! Many more possibilities with future attic expansion and possibly additional 2,000 interior sq ft. And an additional 3 acres to the rear of property.
Unit Size
4,000 Ft²
Days on Market
-
Land Size
5.81 acres
Price per sqft
$219
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
2019

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (GAMLS #20057552)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold
Premium
Sold
Jul 12, 2022 Listed by Fayson Realty Group LLC $875,000
Listed by Fayson Realty Group LLC
Sep 22, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 950
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 253,084
  • Total Building Area: 3,641
  • Building Area: 3,641
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,641
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SURBURBAN HOMES SALES
  • Land Acres: 0000005810
  • Standard Land Use Code: 1001
  • County Land Use Code: A4
  • Legal Description 1: LT 42 TEAMON RD LL'S 150,151 PB 22/551

Neighborhood

  • School District Name: Spalding County School District
  • School Tax School District: ADRIAN
  • Census Tract: 160102

Geography

  • Assessors Map Reference: PM 240
  • Account Number: 20088
  • District: 3
  • Parcel: 240 -01-092
  • Lot: 150
  • Municipality: SPALDING COUNTY
  • Latitude: 33.3363
  • Longitude: -84.2586

    Address

  • Full Address: 1053 Teamon Rd
  • Address - House Number: 1053
  • Address - Street Name: Teamon
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Griffin
  • Carrier Code: R019
  • 4-Digit Zip Code: 5713
  • Zip Code: 30223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,257,171
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SPALDING C

    Appraisal Valuation

  • Standard Deviation: 0.2642
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 47
  • Final Value: 624,626
  • High Value: 789,689
  • Low Value: 459,562

    Market Valuation

  • Market Total Value: $927,134
  • Market Land Value: $64,116
  • Market Improvement Value: $863,018

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,854
  • Assessed Land Value: $25,646
  • Assessed Improvements Value: $345,207

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 2023-000476
  • Previous Sale Recording Date: Sep 22, 2017
  • Previous Sale Contract Date: Sep 22, 2017
  • Previous Sale Amount: $22,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spalding

Stats & Trends

Median Asking:

$284,900

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2025 ft²

Average Home Age

33.2 years

Currently For Sale

404 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals
GAMLS

Listed by: Yalonda Fayson, Fayson Realty Group LLC
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20057552
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1053 Teamon Road built and last sold?
The property at 1053 Teamon Road was built in 2019 and last sold on Feb 28, 2023 for $875,000.
How much is this home worth?
The estimated value of the home located at 1053 Teamon Road is $884,997.
What are some comparable homes to 1053 Teamon Road?
There are currently no comparable homes to 1053 Teamon Road.
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