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172 Pallet Mill Rd, Thomaston, GA, 30286

$210,000

Home List Price

$2,494*

Closing Credit

0 Baths
House
Schools Nearby

Location

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172 Pallet Mill Rd, Thomaston$210,000

Buyer Closing Credits

$2,494*

1.25% Loan Amount

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Property Highlights

ParkingDetached
Year Built1984
HeatingCentral, Other
CoolingOther, Window Unit(s)
MLS #10265044
Lot Size9.00 Acres
StatusActive

About 172 Pallet Mill Rd

This property presents an attractive opportunity for investors or owner-occupants, featuring three apartment-style units (A-B-C) with a combined total of 1782 square feet, a single-family 1-bedroom tiny home spanning 488 square feet, and a 2-bedroom, 1-bath modular home totaling 972 square feet, all situated on 7 acres of land. The property generates a gross income of $2575, resulting in a net operating income (NOI) of $1925 per month or $23,100 per year, offering investors an enticing 11% capitalization rate (Cap Rate). Furthermore, the adjacent 22 acres are available for potential expansion, providing an opportunity to leverage passive income to cover mortgage expenses. During the due diligence process, all leases and leaders will be made available, ensuring transparency and clarity for prospective buyers. For more information on additional 22 acres, please refer to MLS # [10265048].

Property Details

Property Features

Property Information:

  • Year Built: 1984

Listing Office:

  • Office Name: RE/MAX SOUTHERN
  • Listing Agent: THE POTTS TEAM

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 9.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Other, Window Unit(s)

School Info

Assigned Schools Information:

  • Upson-Lee High School, Public District Grades 9-12
  • Upson-Lee Middle School, Public District Grades 6-8
  • Upson-Lee North Elementary School, Public District Grades 4-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $210,000

Tax Information:

  • Annual Amount: $678
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Thomaston, GA.

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Thomaston, GA

City

Med. Sold Price

$195K

Med. Price/SqFt

$129

Avg. Days On Market

58

# of Sold Homes

28

172 Pallet Mill Rd vs Thomaston

48 DAYS ON ROCKET

-10 Days

$210,000

+$15K More

KEY TAKEAWAY

This property is $15K more than the Median Sold Price in Thomaston, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10265044

Listing Office:

  • Office Name: RE/MAX SOUTHERN
  • Listing Agent: THE POTTS TEAM

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 06, 2008Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$678$23,995
2019$714$23,314
2018$1,149$30,266
2017$1,149$34,175

History based on county public records data.

Payment Calculator

$1,116

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$696

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2801910
6
/10

  • Upson-Lee Middle School

  • 101 Holston Dr

  • 4.88 miles

  • Public District Grades 6-8

school-card-donut-2801911
4
/10

  • Upson-Lee North Elementary School

  • 334 Knight Trl

  • 5.95 miles

  • Public District Grades 4-5

High School

school-card-donut-2801912
4
/10

  • Upson-Lee High School

  • 268 Knight Trl

  • 5.92 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,012. Residents of Thomaston, GA typically earn between $35k-100k each year. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 172 Pallet Mill Rd

What is the listing price of this property?

The listing price of 172 Pallet Mill Rd property is $210,000.

What type of property is this?

The property 172 Pallet Mill Rd is a house located in Thomaston, Georgia, 30286.

Is this property for sale now?

Active Listing: 172 Pallet Mill Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 172 Pallet Mill Rd are:
Upson-Lee Middle School: GreatSchools Rating 6/10
Upson-Lee North Elementary School: GreatSchools Rating 4/10
Upson-Lee High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $678 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 6, 2008 for $125,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 172 Pallet Mill Rd is 1984.

Rocket Homes›Georgia›Upson County›Thomaston›30286›172 Pallet Mill Rd

This home is located at 172 Pallet Mill Rd in Thomaston, GA and zip code 30286. This home, which was built in 1984, sits on a 9.00 acre lot. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $210,000.

In March 2024 more than 2 listings in Thomaston, GA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 16 were sold below. In March 2024 in Thomaston, GA there were 17.9% more homes for sale than in February 2024. In March 2024 median list price was $195,000 and the average listing age was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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