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Forest Park 30297
5737 Phillips Drive
$145,000
● House - Off Market

5737 Phillips Drive

Forest Park, GA 30297
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,053 Ft²
$147,557
RealtyHop Estimate
5.47%
Since Nov 1, 2022
GA-Atlanta
Primary Model

About This Property

This split-level home on large corner lot has a lot of potentials. With a some TLC it would turn into a gem! Features 3 bedrooms, 2 baths, and 2 car attached garage. Has a large deck at the back that is great for entertaining. Just minutes away from Hartsfield-Jackson Atlanta Airport and Downtown Atlanta.
Unit Size
2,053 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$68
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1967

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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 #20073353)

Price History

Date / Event Date Event Price
Sep 27, 2023 Sold
Premium
Sold
Feb 8, 2023 Sold
Premium
Sold
Oct 26, 2022 Sold
Premium
Sold
Sep 12, 2022 Listed by Solutions First Realty LLC $139,900
Listed by Solutions First Realty LLC
Aug 4, 2020 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,000
  • Garage Type: 7
  • Garage Square Area: 500
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,640
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,220
  • Total Building Area: 2,053
  • Building Area: 2,053
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 14
  • Heated Square Feet: 2,053
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELAIRE
  • Land Acres: 0000000336
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Clayton County School District
  • Census Tract: 040307

Zoning

  • Zoning: R

Geography

  • Parcel: 13-112B- B-001
  • Lot: 11
  • Municipality: FOREST PARK
  • Latitude: 33.598
  • Longitude: -84.3523

    Address

  • Full Address: 5737 Phillips Dr
  • Address - House Number: 5737
  • Address - Street Name: Phillips
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Forest Park
  • Carrier Code: C004
  • 4-Digit Zip Code: 3101
  • Zip Code: 30297

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $191,760
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 70
  • Final Value: 271,398
  • High Value: 330,332
  • Low Value: 212,465

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $15,000
  • Market Improvement Value: $135,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,000
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $54,000

    Sales

  • Current Sale Contract Date: Sep 27, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 08, 2023
  • Previous Sale Contract Date: Oct 26, 2022
  • Previous Sale Amount: $150,000
  • 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 Forest Park

Stats & Trends

Median Asking:

$191,006

Sale Price/ft²

$133

Below Asking

0.03%

Average Days on Market

76

Average Home Size

1277 ft²

Average Home Age

61.3 years

Currently For Sale

55 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 858 Linda Way, Forest Park, GA, 30297

$1,700 /mo

  • 3 Beds
  • 3 Baths
  • 1,300 ft²
858 Linda Way, Forest Park, GA, 30297 Listing by edgar gonzalez
Unit for rent at 1187 Ellington Drive, Morrow, GA, 30260

$1,649 /mo

  • 3 Beds
  • 1 Bath
  • 1,016 ft²
1187 Ellington Drive, Morrow, GA, 30260 Listing by Sara Kuzecki

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Nikki Crowder, Solutions First Realty LLC
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20073353
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 5737 Phillips Drive built and last sold?
The property at 5737 Phillips Drive was built in 1967 and last sold on Sep 27, 2023 for $298,000.
How much is this home worth?
The estimated value of the home located at 5737 Phillips Drive is $0.
What are some comparable homes to 5737 Phillips Drive?
There are currently no comparable homes to 5737 Phillips Drive.
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