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Newnan 30263 The Forrest at Elm
18 Forest Lane
Listing Courtesy of: Tanya Pickens, Opendoor Brokerage, LLC
$310,419
● House - Off Market

18 Forest Lane

Newnan, GA 30263
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,139 Ft²
$1,828
Est. Monthly
7.92%
Cap Rate

About This Property

Seller may consider buyer concessions if made in an offer. Welcome to this beautifully updated property! Enjoy a cozy fireplace for chilly evenings and a primary bedroom with a spacious walk-in closet. The primary bathroom offers double sinks for relaxation. Outside, a deck is perfect for hosting, and the fenced-in backyard adds privacy. Fresh interior paint and partial flooring replacement give the home a modern, clean feel. Come experience the comfort and ease of this wonderful property!
Unit Size
2,139 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$154
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
2007

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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: 2 years ago (FMLS #7450992)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Premium
Sold
Nov 12, 2024 In contract -
In contract
Sep 5, 2024 Listed by Opendoor Brokerage, LLC $330,000
Listed by Opendoor Brokerage, LLC
Jun 19, 2008 Sold
Premium
Sold
Apr 21, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 29
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 350
  • Floor Cover: 24
  • Basement Type: 7
  • Basement Area: 1,408
  • Garage Type: 7
  • Garage Square Area: 736
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,713
  • Total Building Area: 2,139
  • Building Area: 2,139
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,139
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORREST AT ELM CIRCLE
  • Land Acres: 0000000475
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: HSE/LT 13 THE FORREST @ ELM CIRCLE

Neighborhood

  • School District Name: Coweta County School District
  • School Tax School District: NEWMAN
  • Census Tract: 170200

Zoning

  • Zoning: R1

Geography

  • Account Number: 268935877
  • Parcel: N21 0002 045
  • Lot: 13
  • Municipality: NEWMAN
  • Latitude: 33.3834
  • Longitude: -84.811

    Address

  • Full Address: 18 Forest Ln
  • Address - House Number: 18
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Newnan
  • Carrier Code: C005
  • 4-Digit Zip Code: 1668
  • Zip Code: 30263

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $248,078
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 419,085
  • High Value: 489,669
  • Low Value: 348,501

    Market Valuation

  • Market Total Value: $324,919
  • Market Land Value: $34,000
  • Market Improvement Value: $290,919

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,968
  • Assessed Land Value: $13,600
  • Assessed Improvements Value: $116,368

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 13, 2008
  • Current Sale Recording Date: Jun 19, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 21, 2003
  • Previous Sale Contract Date: Apr 21, 2003
  • Previous Sale Amount: $225,000
  • 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 The Forrest at Elm

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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

Unit for rent at 38 Grier Lane, Newnan, GA, 30263

$2,400 /mo

  • 5 Beds
  • 3 Baths
  • 1,760 ft²
38 Grier Lane, Newnan, GA, 30263

Rentals Near You

Click here to view more rentals in the neighborhood.
FMLS

Listed by: Tanya Pickens, Opendoor Brokerage, LLC
Last Updated: 2 years ago
Data Source: FMLS, MLS# 7450992
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 18 Forrest Lane built and last sold?
The property at 18 Forrest Lane was built in 2007 and last sold on Jun 13, 2008 for $143,000.
How much is this home worth?
The estimated value of the home located at 18 Forrest Lane is $0.
What are some comparable homes to 18 Forrest Lane?
There are currently no comparable homes to 18 Forrest Lane.
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