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556 Elrod St

Cornelia, GA 30531

3 bd 3 ba 1,700 sqft Built 2021 Lot 10,454 sqft single_family
Most recent sale
$280,000
Feb 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2022 Sold $280,000 MLS #6983499
Dec 28, 2021 Listed $274,900 MLS #20008473
May 14, 2021 Sold $45,000 Public Record
Mar 18, 2021 Sold $50,000 Public Record
Dec 5, 2014 Sold $3,750 MLS #3271678
Mar 18, 2014 Relisted $9,000 MLS #3271678
Mar 6, 2014 Listing removed $9,000 GeorgiaMLS
Sep 3, 2013 Relisted $9,000 MLS #3271678
Aug 16, 2013 Listing removed $9,000 GeorgiaMLS
Aug 15, 2012 Listed $9,000 MLS #3271678
Aug 1, 2012 Listing removed $9,000 GeorgiaMLS
Feb 6, 2012 Listed $9,000 MLS #3183774

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,722 $16,000 $137,722 $3,139
2024 $121,722 $16,000 $137,722 $2,937
2023 $100,800 $11,200 $112,000 $2,800
2022 $75,660 $8,000 $83,660 $2,181
2021 $6,000 $6,000 $155
2020 $6,000 $6,000 $161
2019 $6,000 $6,000 $162
2018 $6,000 $6,000 $160
2017 $6,000 $6,000 $161
2016 $4,500 $4,500 $117
2015 $1,500 $1,500 $39
2014 $1,560 $1,560 $41
2013 $1,560 $1,560 $41
2011 $5,000 $5,000 $116
2010 $5,000 $5,000 $113

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,700 sqft
Lot size
10,454 sqft
ZIP code
30531
City
Cornelia
Street
Elrod St
Coordinates
34.52035, -83.52085

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,635
Gross rental yield
11.29%
Implied cap rate
7.34%
Trend-extrapolated value

Frequently asked questions

When did 556 Elrod St last sell?
556 Elrod St most recently sold on Feb 4, 2022 for $280,000.
What is the current tax assessment for 556 Elrod St?
The most recent total assessment for 556 Elrod St (year 2025) is $137,722 with $3,139 in property tax.
How does 556 Elrod St's assessment compare to its last sale price?
The current assessment is 50.8% below the last sale price of $280,000.
When was 556 Elrod St built?
556 Elrod St was built in 2021.
How does 556 Elrod St compare to others on Elrod St?
We track 8 other properties on Elrod St. Browse the list under "Other properties on Elrod St" to compare beds, baths, and sale history.
What are the property facts for 556 Elrod St?
556 Elrod St is a 3 bed, 3 bath, 1,700 sqft, 10,454 sqft lot single_family.
Is 556 Elrod St a flip candidate?
Yes — 556 Elrod St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 556 Elrod St a tax-appeal candidate?
No — 556 Elrod 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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