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Spalding 30223
1255 Elder Road
$208,000
● House - Off Market

1255 Elder Road

Griffin, GA 30223
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,128 Ft²
$203,622
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Visit This House and Come Home with 3 bedrooms and 2 bathrooms it makes living  with roommates a breeze. This home is conveniently located to 19/41 as well as Griffin, Fayetteville, and Senoia. The lot is very open and sunny the perfect spot for a vegetable garden or spots practice. There is also an outdoor storage building that  has an additional covered area for your outdoor equipment. The back deck features an above ground pool for relaxing on hot summer days.  Bring your pool floats and come home!
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$182
Property Type
House
Property Taxes
$141
HOA Dues
-
Year Built
1992

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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 #20136490)

Price History

Date / Event Date Event Price
Sep 11, 2023 Sold
Premium
Sold
Jul 21, 2023 Listed by Keller Williams Rlty Atl. Part $204,900
Listed by Keller Williams Rlty Atl. Part
Jul 8, 2020 Sold
Premium
Sold
Nov 28, 2019 No longer available -
No longer available
Oct 28, 2019 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 5
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,253
  • Total Building Area: 1,128
  • Building Area: 1,128
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,128
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTRIDGE EAST S D
  • Land Acres: 0000000970
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 0.978 AC ELDER RD PB 20/110

Neighborhood

  • School District Name: Spalding County School District
  • School Tax School District: ADRIAN
  • Census Tract: 160101

Geography

  • Assessors Map Reference: PM 259
  • Account Number: 23589
  • District: 3
  • Parcel: 259 -01-044-L
  • Lot: 24
  • Municipality: SPALDING COUNTY
  • Latitude: 33.3277
  • Longitude: -84.3365

    Address

  • Full Address: 1255 Elder Rd
  • Address - House Number: 1255
  • Address - Street Name: Elder
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Griffin
  • Carrier Code: R014
  • 4-Digit Zip Code: 5619
  • Zip Code: 30223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $203,037
  • Tax Rate Code Area: SPALDING C

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 184,672
  • High Value: 214,159
  • Low Value: 155,184

    Market Valuation

  • Market Total Value: $141,738
  • Market Land Value: $13,871
  • Market Improvement Value: $127,867

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,695
  • Assessed Land Value: $5,548
  • Assessed Improvements Value: $51,147

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Previous Sale Recording Date: Jul 08, 2020
  • Previous Sale Contract Date: Jul 08, 2020
  • Previous Sale Amount: $125,000
  • 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 Spalding

Stats & Trends

Median Asking:

$282,450

Sale Price/ft²

$159

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2004 ft²

Average Home Age

32.9 years

Currently For Sale

387 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: Cindy Barnard, Keller Williams Rlty Atl. Part
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20136490
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 1255 Elder Road built and last sold?
The property at 1255 Elder Road was built in 1992 and last sold on Sep 6, 2023 for $208,000.
How much is this home worth?
The estimated value of the home located at 1255 Elder Road is $201,038.
What are some comparable homes to 1255 Elder Road?
There are currently no comparable homes to 1255 Elder Road.
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