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Rabun 30576
579 Potomac Drive
$360,000
● House - Off Market

579 Potomac Drive

Tiger, GA 30576
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,904 Ft²
$1,955
Est. Monthly
6.36%
Cap Rate

About This Property

Situated in a serene neighborhood, this charming home offers a prime location just minutes from local schools. It features three generously sized bedrooms and a full bathroom on the upper floor. The main level includes a convenient half bath and a generous bonus room, currently utilized as a fourth bedroom which can easily be transformed into whatever you envision. This recently updated home includes a new roof and an updated septic system.  Embrace the beauty of mountain living with seasonal views from the back deck, close proximity to Lake Burton, Lake Rabun, the Appalachian Trail, and Tallulah Gorge. Experience the quaint shops and restaurants from Lakemont, Tiger, Dillard and Downtown Clayton, GA; all within close proximity.  Owner/Agent
Unit Size
1,904 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$195
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1987

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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: 2 years ago (GAMLS #10371527)

Price History

Date / Event Date Event Price
Oct 29, 2024 Sold
Premium
Sold
Sep 26, 2024 In contract -
In contract
Sep 5, 2024 Listed by Virtual Properties Realty.com $370,440
Listed by Virtual Properties Realty.com
Dec 5, 2019 Sold
Premium
Sold
Feb 1, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1995
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 1,904
  • Gross Building Area: 1,904
  • Building Area: 1,904
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 11
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEWALL ESTATES 02
  • Land Acres: 0000001070
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LOT 33

Neighborhood

  • School District Name: Rabun County School District
  • Census Tract: 970303

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 044C
  • Account Number: 6515
  • District: 5
  • Parcel: 044C 024A
  • Lot: 25
  • Municipality: UNINC COUNTY
  • Latitude: 34.8257
  • Longitude: -83.4321

    Address

  • Full Address: 579 Potomac Dr
  • Address - House Number: 579
  • Address - Street Name: Potomac
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Tiger
  • Carrier Code: R021
  • 4-Digit Zip Code: 2731
  • Zip Code: 30576

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $168,464

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 363,724
  • High Value: 453,319
  • Low Value: 274,128

    Market Valuation

  • Market Total Value: $230,106
  • Market Land Value: $31,250
  • Market Improvement Value: $198,856

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,042
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $79,542

    Sales

  • Current Sale Contract Date: Dec 05, 2019
  • Current Sale Recording Date: Dec 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-001836
  • Previous Sale Recording Date: Feb 01, 2004
  • Previous Sale Contract Date: Feb 01, 2004
  • Previous Sale Amount: $145,000
  • 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 Rabun

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$264

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2369 ft²

Average Home Age

31.8 years

Currently For Sale

280 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 24 Ray Mcclain Lane, Tiger, GA, 30576

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 2,100 ft²
24 Ray Mcclain Lane, Tiger, GA, 30576

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Richard Church, Virtual Properties Realty.com
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10371527
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 579 Potomac Drive built and last sold?
The property at 579 Potomac Drive was built in 1987 and last sold on Dec 5, 2019 for $190,500.
How much is this home worth?
The estimated value of the home located at 579 Potomac Drive is $0.
What are some comparable homes to 579 Potomac Drive?
There are currently no comparable homes to 579 Potomac Drive.
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