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Stephens 30557
265 Continental Drive
$144,900
● House - Off Market

265 Continental Drive

Martin, GA 30557
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,472 Ft²
$152,913
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Enjoy Lake and country life on a budget with this 2 bedroom 2 bath cottage across the street form Lake Hartwell and only a very short hop to the public picnic area with restrooms and a boat ramp. This is great starter home or a weekend and summer getaway! It's a short drive to Toccoa and to I-85. Hardwood floors and fresh paint makes it move in ready. Concrete siding makes it almost maintenance free. There is room to park your boat or RV. Enjoy grilling and relaxing on the large wrap around covered deck. It comes with an additional lot that can be used for parking or to add a garage apartment. This could easily double as an airbnb. This is a steal at $149,900!
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$98
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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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 #20073007)

Price History

Date / Event Date Event Price
Nov 4, 2022 Sold
Premium
Sold
Sep 13, 2022 Listed by Preferred GA Properties LLC $144,900
Listed by Preferred GA Properties LLC
May 7, 2010 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1969
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 15
  • 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: 5,227
  • Total Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 7
  • Heating: 2
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADY SHORES DEVELOPMENT
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: R1
  • Legal Description 1: LOT 153 HILL CREST SEC SHADY SHORES

Neighborhood

  • School District Name: Stephens County School District
  • School Tax School District: 1-COUNTY
  • Census Tract: 970201

Zoning

  • Zoning: RS

Geography

  • Account Number: 117050
  • Section: HC
  • Parcel: 071H 078
  • Lot: 153
  • Municipality: STEPHENS COUNTY
  • Latitude: 34.5527
  • Longitude: -83.1285

    Address

  • Full Address: 265 Continental Dr
  • Address - House Number: 265
  • Address - Street Name: Continental
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Martin
  • Carrier Code: R003
  • 4-Digit Zip Code: 4827
  • Zip Code: 30557

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $107,240
  • Tax Rate Code Area: 1-COUNTY

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 71
  • Final Value: 32,638
  • High Value: 37,297
  • Low Value: 27,978

    Market Valuation

  • Market Total Value: $90,057
  • Market Land Value: $839
  • Market Improvement Value: $89,218

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,023
  • Assessed Land Value: $336
  • Assessed Improvements Value: $35,687

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-001557
  • Previous Sale Recording Date: May 06, 2014
  • Previous Sale Contract Date: May 06, 2014
  • 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 Stephens

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1904 ft²

Average Home Age

42.3 years

Currently For Sale

235 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

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GAMLS

Listed by: Terry Morrow, Preferred GA Properties LLC
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20073007
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 265 Continental Drive built and last sold?
The property at 265 Continental Drive was built in 1960 and last sold on Nov 1, 2022 for $144,900.
How much is this home worth?
The estimated value of the home located at 265 Continental Drive is $153,846.
What are some comparable homes to 265 Continental Drive?
There are currently no comparable homes to 265 Continental Drive.
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