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Monroe 31029
70 Laurel Ridge
$35,000
● Land - Off Market

70 Laurel Ridge

Forsyth, GA 31029
bedrooms
Studio
bathrooms
0 Bath
$42,014
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Estate sized 2+ acre lot in desirable south Monroe County, convenient to both Macon and Forsyth. Restrictive covenants in place. Build your dream home here!
Unit Size
-
Days on Market
-
Land Size
2.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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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: 3 years ago (GAMLS #10008860)

Price History

Date / Event Date Event Price
Oct 11, 2022 Sold
Premium
Sold
Aug 12, 2022 Listed by New Atlantic Realty Group Inc $49,900
Listed by New Atlantic Realty Group Inc
Feb 14, 2022 Sold
Premium
Sold
Jan 26, 2022 No longer available -
No longer available
Dec 17, 2021 Listed by New Atlantic Realty Group Inc $39,900
Listed by New Atlantic Realty Group Inc
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • 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: 87,556
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CHRISWOOD PHASE III
  • Land Acres: 0000002010
  • Standard Land Use Code: 8001
  • County Land Use Code: R3
  • Legal Description 1: LL 211 LD 6 LOT 7 CHRISWOOD PH III

Neighborhood

  • School District Name: Monroe County School District
  • School Tax School District: COUNTY
  • Census Tract: 050301

Geography

  • Assessors Map Reference: 28 125
  • Account Number: 15033
  • District: 6
  • Subdivision Phase Number: 3
  • Parcel: 054A-007
  • Lot: 211
  • Municipality: UNINCORPORATED
  • Latitude: 33.0086
  • Longitude: -83.9139

    Address

  • Full Address: 70 Laurel Rdg
  • Address - House Number: 70
  • Address - Street Name: Laurel
  • Address - Suffix Type: Rdg
  • State: GA
  • City Name: Forsyth
  • Carrier Code: R003
  • 4-Digit Zip Code: 8774
  • Zip Code: 31029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,116
  • Tax Rate Code Area: 01

    Market Valuation

  • Market Total Value: $32,000
  • Market Land Value: $32,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,800
  • Assessed Land Value: $12,800

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-001746
  • Previous Sale Recording Date: Feb 14, 2022
  • Previous Sale Contract Date: Feb 14, 2022
  • Previous Sale Amount: $35,000
  • 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 Monroe

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$173

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2753 ft²

Average Home Age

23.5 years

Currently For Sale

124 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: Matthew Gilbert, New Atlantic Realty Group Inc
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10008860
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 70 Laurel Ridge built and last sold?
The property at 70 Laurel Ridge was built in and last sold on Oct 11, 2022 for $39,000.
How much is this home worth?
The estimated value of the home located at 70 Laurel Ridge is $0.
What are some comparable homes to 70 Laurel Ridge?
There are currently no comparable homes to 70 Laurel Ridge.
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