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Union 30560
1414 Jonica Gap Road
$215,000
● Land - Off Market

1414 Jonica Gap Road

Morganton, GA 30560
bedrooms
Studio
bathrooms
0 Bath
$214,413
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Builders take notice. 15 unrestricted acres with paved roads and county water. Tons of road frontage on Jonica Gap and West Culberson Rd. Multiple building sites with a gentle, level terrain and mountain views. Old homesite on the property as well as a trailer (useable) with no value given. Several branches on the back side of the property. Nice level pasture or garden are that is perfect for a mini farm. Inherited property being sold AS IS, with no disclosures.  Buyer should have homesite tested for asbestos.
Unit Size
-
Days on Market
49 days
Land Size
15.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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: 2 years ago (GAMLS #10164094)

Price History

Date / Event Date Event Price
Jul 19, 2023 Sold
Premium
Sold
May 26, 2023 Listed by Mountain Sotheby's Int'l Realty $215,000
Listed by Mountain Sotheby's Int'l Realty

Property Highlights

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 400
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 653,400
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Gross Building Area: 840
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000015000
  • Standard Land Use Code: 8004
  • County Land Use Code: V-4
  • Legal Description 1: PT OF LL 49,60 LD 8

Neighborhood

  • School District Name: Union County School District
  • School Tax School District: COUNTY
  • Census Tract: 000101

Zoning

  • Zoning: 001

Geography

  • Account Number: 9590
  • District: 8
  • Parcel: 005 020
  • Lot: 49
  • Municipality: UNINCORPORATED
  • Latitude: 34.9669
  • Longitude: -84.1425

    Address

  • Full Address: 1414 Jonica Gap Rd
  • Address - House Number: 1414
  • Address - Street Name: Jonica Gap
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Morganton
  • Carrier Code: R061
  • 4-Digit Zip Code: 1790
  • Zip Code: 30560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,896
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.3596
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 28
  • Final Value: 106,040
  • High Value: 144,172
  • Low Value: 67,907

    Market Valuation

  • Market Total Value: $171,980
  • Market Land Value: $163,600
  • Market Improvement Value: $8,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,792
  • Assessed Land Value: $65,440
  • Assessed Improvements Value: $3,352

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 2023-001290
  • Previous Sale Recording Date: Oct 29, 2003
  • Previous Sale Contract Date: Oct 29, 2003
  • Previous Sale Document Type: 27
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 Union

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$247

Below Asking

0.03%

Average Days on Market

103

Average Home Size

2174 ft²

Average Home Age

21.6 years

Currently For Sale

226 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

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GAMLS

Listed by: Kristin Young, Mountain Sotheby's Int'l Realty
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10164094
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 1414 Jonica Gap Road built and last sold?
The property at 1414 Jonica Gap Road was built in and last sold on Jul 14, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 1414 Jonica Gap Road is $0.
What are some comparable homes to 1414 Jonica Gap Road?
There are currently no comparable homes to 1414 Jonica Gap Road.
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