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Habersham 30531
125 Locke Road
$110,000
● House - Off Market

125 Locke Road

Cornelia, GA 30531
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,257 Ft²
$123,555
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Come see this home tucked away in the heart of Cornelia GA. Nice size yard, minutes away from shopping ,parks and schools. Priced right will not last long!
Unit Size
1,257 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$95
Property Type
House
Property Taxes
$97
HOA Dues
-
Year Built
1986

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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 #20078323)

Price History

Date / Event Date Event Price
Jun 19, 2023 Sold
Premium
Sold
May 15, 2023 Listed by Dawsons Rlty. & Mortgages, Inc $189,900
Listed by Dawsons Rlty. & Mortgages, Inc
Mar 31, 2023 No longer available -
No longer available
Mar 27, 2023 Sold
Premium
Sold
Feb 24, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2011
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 9
  • Basement Area: 333
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Frontage Feet: 2,100
  • Total Building Area: 1,233
  • Gross Building Area: 1,489
  • Building Area: 1,233
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,233
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: R1
  • Legal Description 1: 10-114 CHASE RD PB 24-19 DB 1302-912

Neighborhood

  • School District Name: Habersham County School District
  • School Tax School District: COUNTY
  • Census Tract: 000501

Zoning

  • Zoning: LI

Geography

  • Account Number: 683900
  • District: 01
  • Parcel: 083 125
  • Municipality: COUNTY ONLY
  • Latitude: 34.5403
  • Longitude: -83.53

    Address

  • Full Address: 125 Locke Rd
  • Address - House Number: 125
  • Address - Street Name: Locke
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Cornelia
  • Carrier Code: R002
  • 4-Digit Zip Code: 5429
  • Zip Code: 30531

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $143,843

    Appraisal Valuation

  • Standard Deviation: 0.0952
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 148,067
  • High Value: 162,177
  • Low Value: 133,956

    Market Valuation

  • Market Total Value: $138,550
  • Market Land Value: $9,000
  • Market Improvement Value: $129,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,420
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $51,820

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-001415
  • Previous Sale Recording Date: Mar 27, 2023
  • Previous Sale Contract Date: Mar 27, 2023
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 71
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 Habersham

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2348 ft²

Average Home Age

23.5 years

Currently For Sale

295 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

Rentals Near You

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GAMLS

Listed by: Labrescia Dawson, Dawsons Rlty. & Mortgages, Inc
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20078323
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 125 Locke Road built and last sold?
The property at 125 Locke Road was built in 1986 and last sold on Jun 16, 2023 for $189,900.
How much is this home worth?
The estimated value of the home located at 125 Locke Road is $216,634.
What are some comparable homes to 125 Locke Road?
There are currently no comparable homes to 125 Locke Road.
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