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Morgan 30650
1500 Plantation Road
$602,160
● House - Off Market

1500 Plantation Road

Madison, GA 30650
bedrooms
4 Beds
bathrooms
0 Bath
$630,088
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Use GPS
Unit Size
-
Days on Market
-
Land Size
3.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$59
HOA Dues
-
Year Built
2022

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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 #10106225)

Price History

Date / Event Date Event Price
Nov 4, 2022 Sold
Premium
Sold
Jan 28, 2022 Listed by eXp Realty $602,160
Listed by eXp Realty
Oct 7, 2021 No longer available -
No longer available
Sep 16, 2021 Sold
Premium
Sold
Aug 30, 2021 In contract -
In contract
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 570
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 139,392
  • Total Building Area: 924
  • Gross Building Area: 924
  • Building Area: 924
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,403
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAHAM RIDGE BASEMENT LOT
  • Land Acres: 0000003200
  • Standard Land Use Code: 1000
  • County Land Use Code: R4
  • Legal Description 1: 3.20 ACRES 1500 PLANTATION RD

Neighborhood

  • School District Name: Morgan County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 010100

Zoning

  • Zoning: AR - AG/RE

Geography

  • Account Number: 2244
  • District: 5
  • Parcel: 024 025 A
  • Lot: 183
  • Municipality: UNINCORPORATED
  • Latitude: 33.6736
  • Longitude: -83.4303

    Address

  • Full Address: 1500 Plantation Rd
  • Address - House Number: 1500
  • Address - Street Name: Plantation
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Madison
  • Carrier Code: R004
  • 4-Digit Zip Code: 3342
  • Zip Code: 30650

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $512,472
  • Tax Rate Code Area: UNINCORPOR

    Appraisal Valuation

  • Standard Deviation: 0.2043
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 396,773
  • High Value: 477,856
  • Low Value: 315,690

    Market Valuation

  • Market Total Value: $545,160
  • Market Land Value: $76,800
  • Market Improvement Value: $468,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,064
  • Assessed Land Value: $30,720
  • Assessed Improvements Value: $187,344

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-001278
  • Previous Sale Recording Date: Sep 16, 2021
  • Previous Sale Contract Date: Sep 16, 2021
  • Previous Sale Amount: $75,000
  • 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 Morgan

Stats & Trends

Median Asking:

$499,450

Sale Price/ft²

$219

Below Asking

0.03%

Average Days on Market

88

Average Home Size

3091 ft²

Average Home Age

30 years

Currently For Sale

128 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: Lee Bernard, eXp Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10106225
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 1500 Plantation Road built and last sold?
The property at 1500 Plantation Road was built in 2022 and last sold on Oct 31, 2022 for $602,160.
How much is this home worth?
The estimated value of the home located at 1500 Plantation Road is $0.
What are some comparable homes to 1500 Plantation Road?
There are currently no comparable homes to 1500 Plantation Road.
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