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Gilmer 30536
131 Simpson Hill Drive
$385,900
● House - Off Market

131 Simpson Hill Drive

Ellijay, GA 30536
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,664 Ft²
$394,809
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

This mountain getaway could be your forever home! The home sits on 3.14 acres and boasts 5 bedrooms with 3.5 baths. Enjoy a peaceful evening on the large front porch, or the private back deck. 2 car garage, several outbuildings, and a shed for storage. Book your appointment today!
Unit Size
3,664 Ft²
Days on Market
-
Land Size
3.14 acres
Price per sqft
$105
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
2006

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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 #20034495)

Price History

Date / Event Date Event Price
Jul 26, 2022 Sold
Premium
Sold
Apr 18, 2022 Listed by EXP Realty LLC $385,900
Listed by EXP Realty LLC
Sep 27, 2013 Sold
Premium
Sold
Apr 20, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 9
  • Basement Area: 1,131
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 136,778
  • Total Building Area: 3,113
  • Gross Building Area: 3,113
  • Building Area: 3,113
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,113
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEAR CREEK COVE
  • Land Acres: 0000003140
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: LT 8 SIMPSON S/D

Neighborhood

  • School District Name: Gilmer County School District
  • School Tax School District: COUNTY
  • Census Tract: 080500

Zoning

  • Zoning: R1

Geography

  • Account Number: 22667
  • District: 11
  • Parcel: 3099H 005J
  • Lot: 235
  • Municipality: SCHOOL
  • Latitude: 34.6241
  • Longitude: -84.4206

    Address

  • Full Address: 131 Simpson Hill Dr
  • Address - House Number: 131
  • Address - Street Name: Simpson Hill
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Ellijay
  • Carrier Code: R021
  • 4-Digit Zip Code: 8118
  • Zip Code: 30536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $235,574
  • Tax Rate Code Area: COUNTY

    Appraisal Valuation

  • Standard Deviation: 0.223
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 467,346
  • High Value: 571,585
  • Low Value: 363,108

    Market Valuation

  • Market Total Value: $427,880
  • Market Land Value: $30,000
  • Market Improvement Value: $397,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,152
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $159,152

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-003153
  • Previous Sale Recording Date: Sep 27, 2013
  • Previous Sale Contract Date: Sep 27, 2013
  • Previous Sale Amount: $167,000
  • 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 Gilmer

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$262

Below Asking

0.03%

Average Days on Market

94

Average Home Size

2172 ft²

Average Home Age

21 years

Currently For Sale

536 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: Kim Comeaux, EXP Realty LLC
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20034495
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 131 Simpson Hill Drive built and last sold?
The property at 131 Simpson Hill Drive was built in 2006 and last sold on Jul 25, 2022 for $385,900.
How much is this home worth?
The estimated value of the home located at 131 Simpson Hill Drive is $0.
What are some comparable homes to 131 Simpson Hill Drive?
There are currently no comparable homes to 131 Simpson Hill Drive.
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