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Locust Grove 30248 Richmond Park
423 Grier Drive
$270,000
● House - Off Market

423 Grier Drive

Locust Grove, GA 30248
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,414 Ft²
$1,784
Est. Monthly
$13
HOA / Fees
11.20%
Cap Rate

About This Property

This home is a perfect opportunity for investors!  With some TLC this will be a great home for a large family because it has five bedrooms. Located near downtown Locust Grove and Tanger Outlet Mall. House is being sold "AS IS".
Unit Size
3,414 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$81
Property Type
House
Property Taxes
$421
HOA Dues
$13
Year Built
2005

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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 #10336793)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Premium
Sold
Jul 10, 2024 Listed by Welcome Home Real Estate Group $275,000
Listed by Welcome Home Real Estate Group
Sep 16, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,170
  • Total Building Area: 3,414
  • Gross Building Area: 4,084
  • Building Area: 3,414
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,414
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHMOND PARK
  • Land Acres: 0000000256
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LLOT: 198 LDIST:2 LOT:119

Neighborhood

  • School District Name: Henry County School District
  • Census Tract: 070405

Geography

  • Assessors Map Reference: MB 40 PG 26
  • District: 2
  • Parcel: 128A01119000
  • Lot: 198
  • Municipality: LOCUSTGROVE
  • Latitude: 33.3562
  • Longitude: -84.1017

    Address

  • Full Address: 423 Grier Dr
  • Address - House Number: 423
  • Address - Street Name: Grier
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Locust Grove
  • Carrier Code: R003
  • 4-Digit Zip Code: 6002
  • Zip Code: 30248

Valuation

    Tax

  • Total Area: 3,341
  • Tax Year: 2023
  • Tax Amount: $508,473
  • Tax Rate Code Area: 0005

    Appraisal Valuation

  • Standard Deviation: 0.1358
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 84
  • Final Value: 416,499
  • High Value: 473,076
  • Low Value: 359,922

    Market Valuation

  • Market Total Value: $351,400
  • Market Land Value: $35,000
  • Market Improvement Value: $316,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,560
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $126,560

    Sales

  • Current Sale Contract Date: Aug 05, 2005
  • Current Sale Recording Date: Sep 16, 2005
  • Current Sale Price:
    Premium
  • Current 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 Richmond Park

Stats & Trends

Median Asking:

$232,450

Sale Price/ft²

$127

Above Asking

0.00%

Average Days on Market

55

Average Home Size

2820 ft²

Average Home Age

21 years

Currently For Sale

3 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 245 Lakeview Drive, Locust Grove, GA, 30248

$3,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,700 ft²
245 Lakeview Drive, Locust Grove, GA, 30248

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Jordan Freeman, Welcome Home Real Estate Group
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10336793
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 423 Grier Drive built and last sold?
The property at 423 Grier Drive was built in 2005 and last sold on Aug 5, 2005 for $191,200.
How much is this home worth?
The estimated value of the home located at 423 Grier Drive is $0.
What are some comparable homes to 423 Grier Drive?
There are currently no comparable homes to 423 Grier Drive.
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