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Arcade 30549
54 Melvin Phillips Road
$325,000
● House - Off Market

54 Melvin Phillips Road

Jefferson, GA 30549
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,556 Ft²
$335,749
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

BACK ON MARKET AT NO FAULT TO THE HOUSE - BUYER'S FINANCING FELL THROUGH!!! You will love this home tucked in the trees located in beautiful Jackson County! It's so bright & cheerful - Relax on the rocking chair front porch or grill out on the back deck overlooking a fantastic 1+ acre level lot - Nice, quiet neighborhood in a great location right off of 129 & close to everything! Perfect open floor plan with Primary suite on the main floor - So much more you will enjoy about this home like the incredible vaulted, two story fireside great room with real 3/4" oak hardwood floors - Great room adjoins the eat in kitchen with stainless appliances - The fenced area of the yard is perfect for pets and family! No city lights so you can sit out on the driveway and count the stars at night!!!
Unit Size
1,556 Ft²
Days on Market
175 days
Land Size
1.08 acres
Price per sqft
$212
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
2004

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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 #10103425)

Price History

Date / Event Date Event Price
Apr 26, 2023 Sold
Premium
Sold
Oct 21, 2022 Listed $330,000
Listed
Mar 25, 2015 Sold
Premium
Sold
Feb 23, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 540
  • Garage Type: 7
  • Garage Square Area: 520
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,045
  • Total Building Area: 1,556
  • Building Area: 1,556
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,556
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN OAKS
  • Land Acres: 0000001080
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: PART OF LOT 4 HIDDEN OAKS

Neighborhood

  • School District Name: Jackson County School District
  • School Tax School District: ARCADE
  • Census Tract: 010602

Zoning

  • Zoning: RESIDENTIA

Geography

  • Account Number: 4159
  • Parcel: 055 012F
  • Lot: 4
  • Municipality: ARCADE
  • Latitude: 34.0571
  • Longitude: -83.5458

    Address

  • Full Address: 54 Melvin Phillips Rd
  • Address - House Number: 54
  • Address - Street Name: Melvin Phillips
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Jefferson
  • Carrier Code: R002
  • 4-Digit Zip Code: 5272
  • Zip Code: 30549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $247,897
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.0792
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 94
  • Final Value: 320,572
  • High Value: 345,986
  • Low Value: 295,157

    Market Valuation

  • Market Total Value: $225,500
  • Market Land Value: $50,000
  • Market Improvement Value: $175,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,200
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $70,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-001650
  • Previous Sale Recording Date: Mar 25, 2015
  • Previous Sale Contract Date: Mar 25, 2015
  • Previous Sale Amount: $131,000
  • 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 Arcade

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

62

Average Home Size

2220 ft²

Average Home Age

26.3 years

Currently For Sale

18 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: Julie Cunningham,
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10103425
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 54 Melvin Phillips Road built and last sold?
The property at 54 Melvin Phillips Road was built in 2004 and last sold on Apr 14, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 54 Melvin Phillips Road is $334,471.
What are some comparable homes to 54 Melvin Phillips Road?
There are currently no comparable homes to 54 Melvin Phillips Road.
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