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Monroe 31029
62 Mallie Drive
$470,000
● House - Off Market

62 Mallie Drive

Forsyth, GA 31029
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,570 Ft²
$2,673
Est. Monthly
$83
HOA / Fees
4.67%
Cap Rate

About This Property

Enjoy easy living in this all brick one level 4 bedroom & 3 full bathroom home in South Monroe County. You will be impressed with the beautiful wooden double entry doors that lead into the foyer area & dining room entry with coffered ceiling. Great room with fireplace opens to spacious  kitchen with center island and eating bar. Master suite with coffered ceilings fabulous bathroom and walk in closet. Comfortably sized secondary bedroom with private bath & 2 more bedroom and 1 bath all on the main level. Bonus room offering flexible space. Amenities include a pool, fitness facility, tennis, basketball court, sidewalks and street lights. So convenient to all Monroe County Schools shopping and I-75.
Unit Size
2,570 Ft²
Days on Market
35 days
Land Size
1.01 acres
Price per sqft
$181
Property Type
House
Property Taxes
$306
HOA Dues
$83
Year Built
2017

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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 #10552764)

Price History

Date / Event Date Event Price
Jul 31, 2025 Sold
Premium
Sold
Jul 3, 2025 In contract -
In contract
Jun 26, 2025 Listed $465,000
Listed
Nov 14, 2017 Sold
Premium
Sold
Jul 13, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 2,570
  • Building Area: 2,570
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 19
  • Heated Square Feet: 2,570
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADAMSVILLE PARK
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LL 207 LD 6 LOT 95 ADAMSVLE PK PH I

Neighborhood

  • School District Name: Monroe County School District
  • School Tax School District: COUNTY
  • Census Tract: 050200

Geography

  • Assessors Map Reference: 2913-17
  • Account Number: 16222
  • District: 6
  • Subdivision Phase Number: 1
  • Parcel: 055A-047
  • Lot: 207
  • Municipality: UNINCORPORATED
  • Latitude: 32.9964
  • Longitude: -83.9236

    Address

  • Full Address: 62 Mallie Dr
  • Address - House Number: 62
  • Address - Street Name: Mallie
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Forsyth
  • Carrier Code: R003
  • 4-Digit Zip Code: 8768
  • Zip Code: 31029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $242,770
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 439,333
  • High Value: 536,449
  • Low Value: 342,217

    Market Valuation

  • Market Total Value: $290,100
  • Market Land Value: $40,000
  • Market Improvement Value: $250,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,040
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $100,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 14, 2017
  • Current Sale Recording Date: Nov 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-001241
  • Previous Sale Recording Date: Jul 13, 2015
  • Previous Sale Contract Date: Jul 13, 2015
  • Previous Sale Amount: $71,600
  • 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 Monroe

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$173

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2752 ft²

Average Home Age

23.2 years

Currently For Sale

126 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: Kerri Swearingen,
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10552764
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 62 Mallie Drive built and last sold?
The property at 62 Mallie Drive was built in 2017 and last sold on Nov 14, 2017 for $270,550.
How much is this home worth?
The estimated value of the home located at 62 Mallie Drive is $0.
What are some comparable homes to 62 Mallie Drive?
There are currently no comparable homes to 62 Mallie Drive.
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