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Demorest 30535
117 Demorest Courtyards Drive
$200,000
● House - Off Market

117 Demorest Courtyards Drive

Demorest, GA 30535
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,244 Ft²
$224,646
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Location! Location! Location! This home is within walking distance to downtown Demorest and Piedmont University with convenient access to Highway 441. This 3 bedroom 2 bath home is the perfect first home or could be used as an investment opportunity. The third bedroom has a sitting area that could also be used as an office. Nice and easily maintainable lot. Schedule your showing today! **Note: Back yard is part of the common area for the HOA community.**
Unit Size
1,244 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$173
Property Type
House
Property Taxes
$88
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #10095893)

Price History

Date / Event Date Event Price
Feb 13, 2023 Sold
Premium
Sold
Sep 20, 2022 Listed by BHHS Georgia Properties $215,000
Listed by BHHS Georgia Properties
Sep 3, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2007
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 37
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,124
  • Gross Building Area: 1,244
  • Building Area: 1,124
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,124
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1017
  • County Land Use Code: R1
  • Legal Description 1: 10-71 UT 10 PH 2 PB36-186 1277-151

Neighborhood

  • School District Name: Habersham County School District
  • School Tax School District: DEMOREST
  • Census Tract: 000502

Zoning

  • Zoning: MI

Geography

  • Account Number: 682060
  • District: 05
  • Subdivision Phase Number: 2
  • Parcel: 078 126C
  • Latitude: 34.5558
  • Longitude: -83.5481

    Address

  • Full Address: 117 Demorest Courtyards Dr
  • Legal Unit: 10
  • Address - House Number: 117
  • Address - Street Name: Demorest Courtyards
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Demorest
  • Carrier Code: R053
  • 4-Digit Zip Code: 6027
  • Zip Code: 30535

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $188,849

    Appraisal Valuation

  • Standard Deviation: 0.0953
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 91
  • Final Value: 141,458
  • High Value: 154,953
  • Low Value: 127,964

    Market Valuation

  • Market Total Value: $181,900
  • Market Land Value: $25,000
  • Market Improvement Value: $156,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,760
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $62,760

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-000265
  • Previous Sale Recording Date: Sep 03, 2021
  • Previous Sale Contract Date: Sep 03, 2021
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 49
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 Demorest

Stats & Trends

Median Asking:

$379,900

Sale Price/ft²

$141

Below Asking

0.01%

Average Days on Market

39

Average Home Size

3006 ft²

Average Home Age

6.3 years

Currently For Sale

42 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

Unit for rent at 1522 Central Avenue, Demorest, GA, 30535

$1,000 /mo

  • Studio
  • 1 Bath
1522 Central Avenue #4, Demorest, GA, 30535

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Tambrie Kitchens, BHHS Georgia Properties
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10095893
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 117 Demorest Courtyards Drive built and last sold?
The property at 117 Demorest Courtyards Drive was built in 1992 and last sold on Feb 10, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 117 Demorest Courtyards Drive is $215,997.
What are some comparable homes to 117 Demorest Courtyards Drive?
There are currently no comparable homes to 117 Demorest Courtyards Drive.
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