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LaGrange 30240
729 Ridgecrest Road
$415,000
● House - Off Market

729 Ridgecrest Road

Lagrange, GA 30240
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,793 Ft²
$2,438
Est. Monthly
5.37%
Cap Rate

About This Property

Classic traditional home in popular sought after Ridgecrest. "In town" neighborhood, minutes from downtown, grocery stores, schools, tennis courts, and the Thread. The brick and siding home features beautiful hardwood floors, gracious rooms with lots of windows and natural light, high ceilings, and a fantastic Chef's kitchen with a spacious breakfast area. Lovely details included 2 fireplaces and built ins and mid century charm. The beautiful backyard with a brick patio is a wonderful play area for children. For those who work from home, an office which is private and filled with natural light has been added on the far side of the garage. Owners will consider leasing the home.
Unit Size
2,793 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$154
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1952

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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 #10398669)

Price History

Date / Event Date Event Price
Apr 18, 2025 Sold
Premium
Sold
Mar 8, 2025 In contract -
In contract
Mar 6, 2025 Relisted $449,000
Relisted
Mar 6, 2025 Price Decreased $429,000
↓ $20K (4.5%)
Price Decreased
Feb 24, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2015
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 144
  • Garage Type: 7
  • Garage Square Area: 690
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,394
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,793
  • Building Area: 2,793
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,793
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORREST HILLS
  • Land Acres: 0000000560
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 729 RIDGECREST RD/LOT3PT4 BLK G FORREST HILL

Neighborhood

  • School District Name: Troup County School District
  • School Tax School District: 16-LAGRANGE
  • Census Tract: 960300

Zoning

  • Zoning: 033

Geography

  • Account Number: 5131
  • District: 6
  • Parcel: 0612D006008
  • Block: G
  • Lot: 82
  • Municipality: CITY OF LAGRANGE
  • Latitude: 33.0474
  • Longitude: -85.051

    Address

  • Full Address: 729 Ridgecrest Rd
  • Address - House Number: 729
  • Address - Street Name: Ridgecrest
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Lagrange
  • Carrier Code: C013
  • 4-Digit Zip Code: 2147
  • Zip Code: 30240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $416,653
  • Tax Rate Code Area: 16-LAGRANG

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 483,242
  • High Value: 607,742
  • Low Value: 358,742

    Market Valuation

  • Market Total Value: $386,900
  • Market Land Value: $45,000
  • Market Improvement Value: $341,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,760
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $136,760

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2020
  • Current Sale Recording Date: Mar 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-000441
  • Previous Sale Recording Date: Aug 03, 2018
  • Previous Sale Contract Date: Aug 03, 2018
  • Previous Sale Amount: $315,000
  • 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 LaGrange

Stats & Trends

Median Asking:

$248,000

Sale Price/ft²

$149

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2024 ft²

Average Home Age

35 years

Currently For Sale

210 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 314 Broad Street, Lagrange, GA, 30240

$2,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,448 ft²
314 Broad Street, Lagrange, GA, 30240
Unit for rent at 1007 Vernon Street, GA, 30240

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1007 Vernon Street #B, GA, 30240

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Isabelle Knight, Coldwell Banker Spinks Brown
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10398669
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 729 Ridgecrest Road built and last sold?
The property at 729 Ridgecrest Road was built in 1952 and last sold on Mar 9, 2020 for $355,000.
How much is this home worth?
The estimated value of the home located at 729 Ridgecrest Road is $0.
What are some comparable homes to 729 Ridgecrest Road?
There are currently no comparable homes to 729 Ridgecrest Road.
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