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123 Banks St

Cornelia, GA 30531

2 bd 1 ba 1,224 sqft Built 1937 Lot 21,344 sqft single_family
Most recent sale
$76,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2025 Listing removed $135,000 GeorgiaMLS
Sep 23, 2022 Sold $76,000 MLS #20072539
Sep 10, 2022 Listed $65,000 MLS #20072539
Aug 10, 2021 Listed $135,000 MLS #9030174

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $37,047 $17,254 $54,301 $941
2024 $37,047 $17,254 $54,301 $828
2023 $20,144 $9,984 $30,128 $753
2022 $10,232 $8,236 $18,468 $481
2021 $9,220 $6,240 $15,460 $401
2020 $4,724 $6,240 $10,964 $295
2019 $4,724 $6,240 $10,964 $295
2018 $4,724 $6,240 $10,964 $25
2017 $4,728 $4,992 $9,720 $10
2012 $4,956 $8,236 $13,192 $33
2011 $5,148 $8,236 $13,384 $32
2010 $5,720 $9,984 $15,704 $51
2009 $5,720 $9,984 $15,704 $47

Property facts

Year built
1937
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,224 sqft
Lot size
21,344 sqft
ZIP code
30531
City
Cornelia
Street
Banks St
Coordinates
34.50338, -83.52885

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$456
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 123 Banks St last sell?
123 Banks St most recently sold on Sep 23, 2022 for $76,000.
What is the current tax assessment for 123 Banks St?
The most recent total assessment for 123 Banks St (year 2025) is $54,301 with $941 in property tax.
How does 123 Banks St's assessment compare to its last sale price?
The current assessment is 28.6% below the last sale price of $76,000.
When was 123 Banks St built?
123 Banks St was built in 1937.
How does 123 Banks St compare to others on Banks St?
We track 6 other properties on Banks St. Browse the list under "Other properties on Banks St" to compare beds, baths, and sale history.
What are the property facts for 123 Banks St?
123 Banks St is a 2 bed, 1 bath, 1,224 sqft, 21,344 sqft lot single_family.
Is 123 Banks St a flip candidate?
No — 123 Banks St does not appear in our flips dataset.
Is 123 Banks St a tax-appeal candidate?
No — 123 Banks St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.8%
Implied 1-yr
+31.2%
2026 Q3
$572.1K
2026 Q4
$601.8K
ZIP 30531 — Median Price History + Forecast

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