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Fannin 30560
715 Ridgeview Road
$70,000
● House - Off Market

715 Ridgeview Road

Morganton, GA 30560
bedrooms
3 Beds
bathrooms
2 Baths
$82,518
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

3 Bedroom, 2 Bath Home on 0.98 Acres located in Morganton Ga. You are minutes from town but very private wooded lot.
Unit Size
-
Days on Market
-
Land Size
0.98 acres
Price per sqft
-
Property Type
House
Property Taxes
$11
HOA Dues
-
Year Built
1994

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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 #9021926)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
Jun 18, 2023 No longer available -
No longer available
Jun 13, 2023 Price Decreased $132,500
↓ $7K (4.7%)
Price Decreased
Jun 10, 2023 Price Decreased $139,000
↓ $10K (6.7%)
Price Decreased
Jun 10, 2023 Relisted $149,000
Relisted
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • 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: 42,689
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 14
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: URA(0-1.25)
  • Land Acres: 0000000980
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 8-1 LL218,219 P/OLT12 DB1472-123 0.98 AC

Neighborhood

  • School District Name: Fannin County School District
  • School Tax School District: COUNTY
  • Census Tract: 050100

Zoning

  • Zoning: RURAL

Geography

  • Account Number: 3190
  • District: 8-1
  • Parcel: 0024 B 027
  • Block: A
  • Lot: 218
  • Municipality: COUNTY
  • Latitude: 34.8978
  • Longitude: -84.2338

    Address

  • Full Address: 715 Ridgeview Rd
  • Address - House Number: 715
  • Address - Street Name: Ridgeview
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Morganton
  • Carrier Code: R064
  • 4-Digit Zip Code: 3149
  • Zip Code: 30560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,345
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 89
  • Final Value: 92,016
  • High Value: 101,626
  • Low Value: 82,406

    Market Valuation

  • Market Total Value: $16,662
  • Market Land Value: $11,662
  • Market Improvement Value: $5,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,665
  • Assessed Land Value: $4,665
  • Assessed Improvements Value: $2,000

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-001618
  • Previous Sale Recording Date: Dec 08, 2021
  • Previous Sale Contract Date: Dec 08, 2021
  • Previous Sale Amount: $70,000
  • 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 Fannin

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$316

Below Asking

0.04%

Average Days on Market

113

Average Home Size

2395 ft²

Average Home Age

21.8 years

Currently For Sale

547 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

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GAMLS

Listed by: Julie Dyer, Tru Mountain Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 9021926
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 715 Ridgeview Road built and last sold?
The property at 715 Ridgeview Road was built in 1994 and last sold on Jun 23, 2023 for $125,000.
How much is this home worth?
The estimated value of the home located at 715 Ridgeview Road is $133,825.
What are some comparable homes to 715 Ridgeview Road?
There are currently no comparable homes to 715 Ridgeview Road.
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