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Spalding 30224
58 Chappell Mill Road
Listing Courtesy of: Hardeman Team, Peachtree Property Residential, LLC
$170,000
● House - Off Market

58 Chappell Mill Road

Griffin, GA 30224
bedrooms
3 Beds
bathrooms
2 Baths
$955
Est. Monthly
12.11%
Cap Rate

About This Property

Welcome to this charming 3-bedroom, 2-bathroom home situated on a spacious 1.5-acre lot! This property offers a wonderful opportunity for those looking to add their personal touch, as it could benefit from some cosmetic updates, while still being move in ready. With no HOA, this home also presents an excellent rental potential. The backyard features a handy shed, providing additional storage space for all your outdoor equipment. Whether you're looking for a peaceful retreat or an investment property, this home offers endless possibilities! Don't miss out on this opportunity to make it your own.
Unit Size
-
Days on Market
-
Land Size
1.53 acres
Price per sqft
-
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
1992

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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: 6 months ago (FMLS #7522251)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Premium
Sold
Feb 20, 2025 Listed by Peachtree Property Residential, LLC $170,000
Listed by Peachtree Property Residential, LLC
Jan 30, 2015 Sold
Premium
Sold
Nov 8, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 5
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 66,647
  • Total Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MORELAND CROSSING S/D
  • Land Acres: 0000001530
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 58 CHAPPELL MILL RD 1.539 AC PB 20/255

Neighborhood

  • School District Name: Spalding County School District
  • School Tax School District: ADRIAN
  • Census Tract: 161000

Geography

  • Assessors Map Reference: PM 225
  • Account Number: 17126
  • District: 3
  • Parcel: 225 -01-081
  • Lot: 104
  • Municipality: SPALDING COUNTY
  • Latitude: 33.1845
  • Longitude: -84.1417

    Address

  • Full Address: 58 Chappell Mill Rd
  • Address - House Number: 58
  • Address - Street Name: Chappell Mill
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Griffin
  • Carrier Code: R006
  • 4-Digit Zip Code: 7902
  • Zip Code: 30224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $79,254
  • Tax Rate Code Area: SPALDING C

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 162,231
  • High Value: 188,135
  • Low Value: 136,326

    Market Valuation

  • Market Total Value: $104,841
  • Market Land Value: $20,000
  • Market Improvement Value: $84,841

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,936
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $33,936

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 30, 2015
  • Current Sale Recording Date: Jan 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015-000252
  • Previous Sale Recording Date: Nov 08, 2013
  • Previous Sale Contract Date: Nov 08, 2013
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 34
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 Spalding

Stats & Trends

Median Asking:

$286,900

Sale Price/ft²

$161

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1974 ft²

Average Home Age

32.8 years

Currently For Sale

386 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

Click here to view more rentals in the neighborhood.
FMLS

Listed by: Hardeman Team, Peachtree Property Residential, LLC
Last Updated: 6 months ago
Data Source: FMLS, MLS# 7522251
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 58 Chappell Mill Road built and last sold?
The property at 58 Chappell Mill Road was built in 1992 and last sold on Jan 30, 2015 for $83,000.
How much is this home worth?
The estimated value of the home located at 58 Chappell Mill Road is $0.
What are some comparable homes to 58 Chappell Mill Road?
There are currently no comparable homes to 58 Chappell Mill Road.
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