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Nicholson 30565
179 Summer Lane
Listing Courtesy of: Ken Byce, Re/Max Towne Square
$157,000
● House - Off Market

179 Summer Lane

Nicholson, GA 30565
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,148 Ft²
$187,090
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Wonderful home in small community, 3 bedroom, 2 bath on an incredible large .8 acre lot with creek, Tons of privacy. New flooring, Great condition, Plenty of room for the family to have a garden, and play in the woods and creek.
Unit Size
1,148 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$139
Property Type
House
Property Taxes
$91
HOA Dues
-
Year Built
2005

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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 #6873570)

Price History

Date / Event Date Event Price
Jun 21, 2021 Sold
Premium
Sold
Apr 19, 2021 Listed by Re/Max Towne Square $159,900
Listed by Re/Max Towne Square
Aug 24, 2010 Sold
Premium
Sold
Dec 29, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 19
  • 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: 34,848
  • Total Building Area: 1,148
  • Building Area: 1,148
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,148
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: QUIET OAKS
  • Land Acres: 0000000800
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LOT 26 QUIET OAKS

Neighborhood

  • School District Name: Jackson County School District
  • School Tax School District: NICHOLSON
  • Census Tract: 010500

Geography

  • Account Number: 23879
  • Parcel: 025B 026
  • Lot: 26
  • Latitude: 34.1156
  • Longitude: -83.44

    Address

  • Full Address: 179 Summer Ln
  • Address - House Number: 179
  • Address - Street Name: Summer
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Nicholson
  • Carrier Code: R063
  • 4-Digit Zip Code: 3755
  • Zip Code: 30565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $141,443

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 232,600
  • High Value: 280,810
  • Low Value: 184,390

    Market Valuation

  • Market Total Value: $127,000
  • Market Land Value: $20,000
  • Market Improvement Value: $107,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,800
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $42,800

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-003286
  • Previous Sale Recording Date: Aug 24, 2010
  • Previous Sale Amount: $58,000
  • 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 Nicholson

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2564 ft²

Average Home Age

37.8 years

Currently For Sale

5 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: Ken Byce, Re/Max Towne Square
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6873570
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 179 Summer Lane built and last sold?
The property at 179 Summer Lane was built in 2005 and last sold on Jun 21, 2021 for $157,000.
How much is this home worth?
The estimated value of the home located at 179 Summer Lane is $0.
What are some comparable homes to 179 Summer Lane?
There are currently no comparable homes to 179 Summer Lane.
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