501 Ginger Cir Lagrange, GA 30240

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4 beds · 2 baths · 2,125 sq ft · Lot Size: 43,560 sq ft · Single Family Home
Est. Property Value: $169,223

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageGood value per sqftOwner Age 55 - 65

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501 Ginger Cir is in the 30240 neighborhood of Lagrange, GA. It is located in Troup County and ZIP code 30240. This Single Family Home was built in 1977 and is approximately 48 years old. The single family home spans 2125 sq ft with 4 bedrooms and 2 bathrooms and sits on a 43560 sq ft lot. According to public records, it was sold for $85,000 and has a tax-assessed value of $202,410, which is $80 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 501 Ginger Cir Lagrange, GA 30240 with Property Intel by Whitepages.

501 Ginger Cir

Lagrange, GA 30240

Neighborhood

Owners & Occupancy for 501 Ginger Cir

This property is owned by James D McNair. Owner contact information includes 4 phone numbers and 1 email address.

Property Owners

Cell Phone(530) ***-****View Cell Phone
Residence***********
Landline(949) 498-4664
Distance from Property**********
Email Address*******@home.comView Email
Other owned properties (1)

Residence************
Landline(706) 882-0424
Distance from Property**********
Email Address********@juno.comView Email
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Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 65
Resident 2************** age 65

Property Financials for 501 Ginger Cir

501 Ginger Cir, Lagrange, GA has no known mortgage. The Troup county assessment for 2024 values it at $202,410, with annual taxes of $2,004.

Property Tax

Property Tax Amount$2,004 in 2024
Purchase Price$85,000
Assessed Value$202,410 on 2024

Investment Potential for 501 Ginger Cir

The property has a current estimated value of $169,223, which is 46% below the zip median, based on public records. It last sold for $85,000. Projected long-term
is $24,000 annually ($2,000 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
88%in 30240 zip code
 
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Property Details for 501 Ginger Cir

Property Details

Property Sq Ft

Living Area

2,125 sq ft

22% below market

Lot Size

43,560 sq ft

0% above market

Price Per Sq Ft

Living Area

$80 / sq ft

31% below market

Lot Size Area

$4 / sq ft

45% below market

Property condition, age, exterior, etc. for 501 Ginger…
Longitude: -85.098648 Latitude: 33.023308 Parcel Number (APN): 071-2C-002-028…

Recommended Properties in 30240

Discover more single family homes near 501 Ginger Cir in Lagrange, Georgia. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 501 Ginger Cir in Troup County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$169,223
$444,898
-$275,675 (-62%)
$******
$602,447
-$413,996 (-69%)
YoY Price Change
****%
1.39%
-733%
Year Built
1977
2001
-24 years
Living Space
2,125 sq ft
2,821 sq ft
-696 (-25%)
$ Per Living Sq Ft
$80
$158
-$78 (-50%)
Lot Size
43,560 sq ft
16,513 sq ft
27047 (164%)
$ Per Lot Sq Ft
$4
$29
-$25 (-87%)

Net Operating Income
$*****
$19,565
-$2,024 (-10%)
Annual Revenue
$24,000
$30,600
-$6,600 (-22%)
$****
$11,313
-$4,854 (-43%)
Net Operating Income
$*****
$19,565
-$2,024 (-10%)
Cap Rate
****%
4.75%
—
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Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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