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Hall 30507
2398 Pine Grove Road
$818,000
● House - Off Market

2398 Pine Grove Road

Gainesville, GA 30507
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
3,501 Ft²
$915,582
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Do not miss this Stately All Brick Traditional On 24 Beautiful Acres Of Land located Less Than 3 miles off I-985 in Gainesville GA.  Gated Entrance - Large Pastures - Stocked Pond With Dock - Custom Built Playhouse - Tennis Courts - Detached 3rd Car Garage - Concrete Slab 50x50 With New Metal Building At Rear Of Property - This is just a small sampling of what this Gorgeous property has to offer.  Entrance Foyer - Formal Living & Dining Rooms - Family Room w/built in Bookcase - 2 Masonry Fireplaces - Granite Countertops - Stainless Appliances - Kitchen Island - Period Correct Tile In Baths - Spiral Staircase - Finished Basement - Wet Bar - Stunning Brick Basement Fireplace - Pool Table Remains With Sale
Unit Size
3,501 Ft²
Days on Market
-
Land Size
24.01 acres
Price per sqft
$250
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1973

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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 #20065342)

Price History

Date / Event Date Event Price
Oct 7, 2022 Sold
Premium
Sold
Aug 11, 2022 Listed by Chapman Hall Prof. Realty $875,000
Listed by Chapman Hall Prof. Realty
Feb 12, 2021 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2009
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 26
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 24
  • Basement Type: 9
  • Basement Area: 1,064
  • Garage Type: 10
  • Garage Square Area: 1,076
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,045,919
  • Total Building Area: 2,437
  • Building Area: 2,437
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,437
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DONALD D SMITH
  • Land Acres: 0000024011
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: PINE GROVE ROAD

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 000704

Zoning

  • Zoning: AR-IV

Geography

  • Account Number: 59878
  • District: 001
  • Parcel: 15-023C-000-023
  • Municipality: COUNTY
  • Latitude: 34.2659
  • Longitude: -83.7689

    Address

  • Full Address: 2398 Pine Grove Rd
  • Address - House Number: 2398
  • Address - Street Name: Pine Grove
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Gainesville
  • Carrier Code: R033
  • 4-Digit Zip Code: 7459
  • Zip Code: 30507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $491,780
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 775,852
  • High Value: 925,986
  • Low Value: 625,717

    Market Valuation

  • Market Total Value: $710,220
  • Market Land Value: $276,000
  • Market Improvement Value: $434,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,088
  • Assessed Land Value: $110,400
  • Assessed Improvements Value: $173,688

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 2022-008779
  • Previous Sale Recording Date: Feb 12, 2021
  • Previous Sale Contract Date: Feb 12, 2021
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: 49
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 Hall

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$196

Above Asking

0.28%

Average Days on Market

80

Average Home Size

2521 ft²

Average Home Age

18.3 years

Currently For Sale

1229 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 2910 Daxton Lane, Gainesville, GA, 30507

$2,450 /mo

  • 5 Beds
  • 3 Baths
  • 2,361 ft²
2910 Daxton Lane, Gainesville, GA, 30507 Listing by Rachel Green
Unit for rent at 2986 Daxton Lane, Gainesville, GA, 30507

$2,600 /mo

  • 5 Beds
  • 3 Baths
  • 2,511 ft²
2986 Daxton Lane, Gainesville, GA, 30507

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Chip Pearsall, Chapman Hall Prof. Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20065342
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 2398 Pine Grove Road built and last sold?
The property at 2398 Pine Grove Road was built in 1973 and last sold on Oct 7, 2022 for $818,000.
How much is this home worth?
The estimated value of the home located at 2398 Pine Grove Road is $0.
What are some comparable homes to 2398 Pine Grove Road?
There are currently no comparable homes to 2398 Pine Grove Road.
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