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Rabun 30525
241 Grasshopper Lane
$299,900
● House - Off Market

241 Grasshopper Lane

Clayton, GA 30525
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$1,528
Est. Monthly
7.98%
Cap Rate

About This Property

Beautiful ranch style home in very desirable neighborhood located only minutes to Downtown Clayton offering lots of dining and shopping options and minutes to the schools and rec dept. This adorable 3BR/2BA has separate living and dining areas. Fabulous kitchen with stainless appliances, granite tops and an island which opens to sitting room with a gas fireplace, perfect for entertaining. Newer flooring, hot water heater, HVAC and roof less than 2 years old. Expansive deck along entire back side of home with pleasant mountain views. 1 car attached garage for storage or workshop and additional storage bldg onsite. Perfect full time home or your mountain get a way.   Also, convenient to Lake Burton, Lake Rabun and numerous waterfalls and hiking trails for the outdoor enthusiast.
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$188
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
1975

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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: 2 years ago (GAMLS #20176299)

Price History

Date / Event Date Event Price
Feb 18, 2025 Sold
Premium
Sold
Jan 17, 2025 In contract -
In contract
Sep 21, 2024 Relisted $299,900
Relisted
Sep 18, 2024 In contract -
In contract
Aug 20, 2024 Price Decreased $299,900
↓ $15K (4.8%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • 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: 16,851
  • Total Building Area: 1,596
  • Gross Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 11
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRASSHOPPER SUBD
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LOT 8 BLK 1

Neighborhood

  • School District Name: Rabun County School District
  • Census Tract: 970302

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 044B
  • Account Number: 6411
  • District: 5
  • Parcel: 044B 035
  • Block: 1
  • Lot: 19
  • Municipality: UNINC COUNTY
  • Latitude: 34.8441
  • Longitude: -83.412

    Address

  • Full Address: 241 Grasshopper Ln
  • Address - House Number: 241
  • Address - Street Name: Grasshopper
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Clayton
  • Carrier Code: R007
  • 4-Digit Zip Code: 5917
  • Zip Code: 30525

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $101,065

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 133,560
  • High Value: 194,535
  • Low Value: 72,584

    Market Valuation

  • Market Total Value: $143,044
  • Market Land Value: $12,000
  • Market Improvement Value: $131,044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,218
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $52,418

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 17, 2017
  • Current Sale Recording Date: Apr 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-000524
  • Previous Sale Recording Date: Jul 07, 2015
  • Previous Sale Contract Date: Jul 07, 2015
  • Previous Sale Amount: $66,113
  • Previous Sale Document Type: 34
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 Rabun

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$265

Below Asking

0.03%

Average Days on Market

94

Average Home Size

2367 ft²

Average Home Age

31.2 years

Currently For Sale

274 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 24 Ray Mcclain Lane, Tiger, GA, 30576

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 2,100 ft²
24 Ray Mcclain Lane, Tiger, GA, 30576

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Marsha Ramey, Poss Realty
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 20176299
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 241 Grasshopper Lane built and last sold?
The property at 241 Grasshopper Lane was built in 1975 and last sold on Apr 17, 2017 for $121,900.
How much is this home worth?
The estimated value of the home located at 241 Grasshopper Lane is $0.
What are some comparable homes to 241 Grasshopper Lane?
There are currently no comparable homes to 241 Grasshopper Lane.
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