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Madison 30628
45 Ashley Drive
$375,000
● House - Off Market

45 Ashley Drive

Colbert, GA 30628
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,168 Ft²
$2,034
Est. Monthly
6.98%
Cap Rate

About This Property

Spacious and meticulously maintained ranch home located in a small, one street subdivision. Three bedrooms on the main floor with bonus/bedroom up, trey ceilings, heavy molding, nine ft. ceilings, water filtration system, custom cabinets, quartz countertop, new deck, workshop, additional parking shed, minutes to shopping. A must see!
Unit Size
2,168 Ft²
Days on Market
-
Land Size
1.51 acres
Price per sqft
$173
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
2002

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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: 3 years ago (GAMLS #20157853)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Nov 10, 2023 Listed by Burdette Realty $375,000
Listed by Burdette Realty
Aug 15, 2018 Sold
Premium
Sold
Dec 8, 2016 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 550
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,776
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,168
  • Building Area: 2,168
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,168
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASHLEY COURT
  • Land Acres: 0000001510
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: HSE/LOT 10

Neighborhood

  • School District Name: Madison County School District
  • School Tax School District: 01-COUNTY
  • Census Tract: 020400

Zoning

  • Zoning: R1

Geography

  • Account Number: 13774
  • Parcel: 0070 005 K
  • Lot: 10
  • Municipality: COUNTY
  • Latitude: 34.0651
  • Longitude: -83.203

    Address

  • Full Address: 45 Ashley Dr
  • Address - House Number: 45
  • Address - Street Name: Ashley
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Colbert
  • Carrier Code: R052
  • 4-Digit Zip Code: 2756
  • Zip Code: 30628

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $380,803
  • Tax Rate Code Area: 01-COUNTY

    Appraisal Valuation

  • Standard Deviation: 0.1168
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 87
  • Final Value: 374,192
  • High Value: 417,903
  • Low Value: 330,482

    Market Valuation

  • Market Total Value: $311,858
  • Market Land Value: $35,000
  • Market Improvement Value: $276,858

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,743
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $110,743

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 15, 2018
  • Previous Sale Contract Date: Aug 15, 2018
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 71
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 Madison

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2195 ft²

Average Home Age

31.1 years

Currently For Sale

114 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: Deborah Burdette, Burdette Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20157853
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 45 Ashley Drive built and last sold?
The property at 45 Ashley Drive was built in 2002 and last sold on Dec 21, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 45 Ashley Drive is $0.
What are some comparable homes to 45 Ashley Drive?
There are currently no comparable homes to 45 Ashley Drive.
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