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Cornelia 30531
209 Arbor Gates Drive
$274,900
● House - Off Market

209 Arbor Gates Drive

Cornelia, GA 30531
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,448 Ft²
$283,280
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

This well maintained cottage has 3BD/2BA all on one level for easy living. The main living areas are wood flooring, while the bedrooms are carpeted and the baths are vinyl.  This open concept floor plan features a spacious living and dining area as well as a kitchen with tons of cabinets and pantry space. The unfinished basement is already stubbed for a bathroom and  would allow for easy expansion to include more living space, additional bedrooms, workshop or craft space.  The back yard is fenced but in need of repairs here and there.  Square Footage and lot size is from public records and is not guaranteed.
Unit Size
1,448 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$190
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
2006

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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 #10130640)

Price History

Date / Event Date Event Price
Apr 4, 2023 Sold
Premium
Sold
Feb 2, 2023 Listed by Keller Williams Lanier Partner $274,900
Listed by Keller Williams Lanier Partner
Feb 27, 2009 Sold
Premium
Sold
Sep 1, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 13
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 7
  • Basement Area: 1,448
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,448
  • Gross Building Area: 3,641
  • Building Area: 1,448
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,448
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARBOR GATE
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: R1
  • Legal Description 1: 10-173 LT 6 PB 54-134 877-1019

Neighborhood

  • School District Name: Habersham County School District
  • School Tax School District: CORNELIA
  • Census Tract: 000501

Zoning

  • Zoning: R1A

Geography

  • Account Number: 659720
  • District: 03
  • Parcel: 114C133C
  • Lot: 6
  • Municipality: CORNELIA
  • Latitude: 34.5161
  • Longitude: -83.5169

    Address

  • Full Address: 209 Arbor Gates Dr
  • Address - House Number: 209
  • Address - Street Name: Arbor Gates
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Cornelia
  • Carrier Code: C002
  • 4-Digit Zip Code: 2742
  • Zip Code: 30531

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $246,656

    Appraisal Valuation

  • Standard Deviation: 0.2552
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 299,132
  • High Value: 375,498
  • Low Value: 222,765

    Market Valuation

  • Market Total Value: $237,580
  • Market Land Value: $20,000
  • Market Improvement Value: $217,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,032
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $87,032

    Sales

  • Current Sale Contract Date: Mar 31, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-000751
  • Previous Sale Recording Date: Feb 27, 2009
  • Previous Sale Amount: $140,000
  • 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 Cornelia

Stats & Trends

Median Asking:

$344,330

Sale Price/ft²

$155

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2310 ft²

Average Home Age

37.4 years

Currently For Sale

30 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: Gay Davis, Keller Williams Lanier Partner
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10130640
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 209 Arbor Gate Drive built and last sold?
The property at 209 Arbor Gate Drive was built in 2006 and last sold on Mar 31, 2023 for $274,900.
How much is this home worth?
The estimated value of the home located at 209 Arbor Gate Drive is $0.
What are some comparable homes to 209 Arbor Gate Drive?
There are currently no comparable homes to 209 Arbor Gate Drive.
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