Back 368 Cannon Drive
Off Market

368 Cannon Drive

Social Circle GA 30025

0.43 ac.
Other
Last sold for $235,000
Allison HaywoodAllison Haywood, last sold this property on 13 June 2024 after 103 days on market.

Overview

Welcome to 368 Cannon Drive, a unique nonconforming triplex nestled near the heart of Social Circle. This property presents an excellent investment opportunity or a perfect place to call home with income potential. Comprising two charming studio apartments and one spacious 2-bedroom/2-bathroom unit, this triplex provides versatile living arrangements to suit various lifestyles. Equipped with a metal roof and vinyl siding, the low-maintenance exterior promises to be easy to keep up. The property's prime location offers easy access to local amenities, including shops, restaurants, grocery, and the newly approved Rivian Plant that will bring 7, 500 new jobs to the area. An appealing location for tenants seeking convenience all around. Whether you're an investor looking to expand your portfolio or a homeowner seeking additional income, 368 Cannon Drive presents an enticing prospect. Rent out all three units, or rent out two and live in the larger of the three units. The choice is yours! Fully rented, the property grosses $3250 per month.

Features

0.43 ac. lot size
Other

Estimated Value

Based on this property and similar other properties sold in Social Circle over the last 12 months, the estimated median property value of 368 Cannon Drive is $310.5k.

Median value
$310.5k
Estimated value range
$65k - $700k
Median days on market
22
Estimated value trend
97%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Social Circle. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 368 Cannon Drive

2024
Sold
$235,000
13 Jun 2024 by Allison Haywood, of Keller Williams Realty
2022
Sold
$225,000
04 Feb 2022

Happy sellers in Social Circle

83%
83% of sellers in Social Circle reported that their sale price either exceeded or met their price expectations.

Social Circle stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Social Circle over the last 12 months.

Local market activity for other properties in Social Circle

In the last 12 months, 6 other properties similar to 368 Cannon Drive, have been sold.

This represents a 200% decrease in other properties sales when compared to the previous 12 months.

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