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Cedartown 30125
131 Walnut Street
Listing Courtesy of: Cindy Easterwood, HOMETOWN REALTY BROKERAGE LLC
$137,500
● House - Off Market

131 Walnut Street

Cedartown, GA 30125
bedrooms
3 Beds
bathrooms
0 Bath
$270,773
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Step back in time with totally renovated, handicap equiped home in well established neighborhood! Situated on large corner lot, this 4 sided brick home features 3 bed/2bath, and is complete with additional in law or teen guest house that can be used for great rental income! Large open and spacious rooms,family room w/fireplace, beautiful kitchen and large master suite, make this a dream home! Additional space can be used for office, playrooms, or bedrooms! Huge glassed sun room with theroputic spa! Privacy fenced and well landscaped!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$50
HOA Dues
-
Year Built
1918

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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 (FMLS #5332917)

Price History

Date / Event Date Event Price
Jul 21, 2022 Sold
Premium
Sold
May 23, 2022 Listed by HOMETOWN REALTY BROKERAGE LLC $299,900
Listed by HOMETOWN REALTY BROKERAGE LLC
Dec 19, 2014 Sold
Premium
Sold
Aug 17, 2014 Listed by HOMETOWN REALTY BROKERAGE LLC $144,900
Listed by HOMETOWN REALTY BROKERAGE LLC
Nov 12, 1999 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 2000
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 15
  • 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: 16,988
  • Total Building Area: 2,059
  • Building Area: 2,059
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,059
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RES-CEDARTOWN NW SECONDARY
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: SECOND DISTRICT FOURTH SECTION

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 010500

Geography

  • Account Number: 3356
  • Parcel: C11-060-
  • Municipality: CITY OF CEDARTOWN
  • Latitude: 34.0155
  • Longitude: -85.2622

    Address

  • Full Address: 131 Walnut St
  • Address - House Number: 131
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: GA
  • City Name: Cedartown
  • Carrier Code: C002
  • 4-Digit Zip Code: 2557
  • Zip Code: 30125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $289,014
  • Tax Rate Code Area: 2-CEDARTOW

    Appraisal Valuation

  • Standard Deviation: 0.1495
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 221,801
  • High Value: 254,973
  • Low Value: 188,628

    Market Valuation

  • Market Total Value: $208,427
  • Market Land Value: $7,800
  • Market Improvement Value: $200,627

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,371
  • Assessed Land Value: $3,120
  • Assessed Improvements Value: $80,251

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-001789
  • Previous Sale Recording Date: Dec 19, 2014
  • Previous Sale Contract Date: Dec 19, 2014
  • Previous Sale Amount: $137,500
  • 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 Cedartown

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$164

Below Asking

0.03%

Average Days on Market

73

Average Home Size

1821 ft²

Average Home Age

76.3 years

Currently For Sale

43 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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FMLS

Listed by: Cindy Easterwood, HOMETOWN REALTY BROKERAGE LLC
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5332917
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 131 Walnut Street built and last sold?
The property at 131 Walnut Street was built in 1918 and last sold on May 27, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 131 Walnut Street is $0.
What are some comparable homes to 131 Walnut Street?
There are currently no comparable homes to 131 Walnut Street.
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