5241 Forest Cove Rd
Gainesville, GA 30506
3 bd 3 ba 2,100 sqft Built 2022 Lot 24,394 sqft single_family
Most recent sale
$71,250
Feb 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 4, 2025 | Listed | $399,900 | FMLS |
| Aug 4, 2025 | Sold | $400,000 | Public Record |
| Aug 1, 2025 | Sold | $400,000 | GeorgiaMLS |
| Jun 19, 2025 | Price changed | $399,900 | FMLS |
| Jun 1, 2025 | Listed | $415,000 | FMLS |
| Nov 21, 2022 | Sold | $359,900 | GeorgiaMLS |
| Sep 23, 2022 | Listed | $359,900 | MLS #20075546 |
| Feb 24, 2022 | Sold | $71,250 | Public Record |
| Jul 17, 2017 | Sold | $80,000 | Public Record |
| Jun 1, 2016 | Listing removed | $15,000 | GeorgiaMLS |
| May 18, 2016 | Price changed | $15,000 | MLS #7370485 |
| Nov 28, 2014 | Listed | $30,000 | MLS #7370485 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $154,600 | $20,240 | $174,840 | $3,205 |
| 2024 | $154,600 | $20,240 | $174,840 | $3,424 |
| 2023 | $122,400 | $9,200 | $131,600 | $2,808 |
| 2022 | — | $8,560 | $8,560 | $220 |
| 2021 | — | $4,760 | $4,760 | $124 |
| 2020 | — | $4,760 | $4,760 | $128 |
| 2019 | — | $4,760 | $4,760 | $130 |
| 2018 | — | $3,840 | $3,840 | $108 |
| 2017 | — | $4,760 | $4,760 | $133 |
| 2016 | — | $4,520 | $4,520 | $123 |
| 2015 | — | $4,520 | $4,520 | $123 |
| 2014 | — | $4,520 | $4,520 | $124 |
| 2013 | — | $4,520 | $4,520 | $127 |
| 2012 | — | $4,520 | $4,520 | $120 |
| 2011 | — | $6,328 | $6,328 | $163 |
| 2010 | — | $6,328 | $6,328 | $155 |
| 2009 | — | $6,328 | $6,328 | $155 |
| 2008 | — | $6,328 | $6,328 | $155 |
| 2007 | — | $6,328 | $6,328 | $150 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,100 sqft
Lot size
24,394 sqft
ZIP code
30506
City
Gainesville
Street
Forest Cove Rd
Coordinates
34.38047, -83.82433
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$428
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value
—
Frequently asked questions
When did 5241 Forest Cove Rd last sell?
5241 Forest Cove Rd most recently sold on Feb 24, 2022 for $71,250.
What is the current tax assessment for 5241 Forest Cove Rd?
The most recent total assessment for 5241 Forest Cove Rd (year 2025) is $174,840 with $3,205 in property tax.
How does 5241 Forest Cove Rd's assessment compare to its last sale price?
The current assessment is 145.4% above the last sale price of $71,250.
When was 5241 Forest Cove Rd built?
5241 Forest Cove Rd was built in 2022.
How does 5241 Forest Cove Rd compare to others on Forest Cove Rd?
We track 8 other properties on Forest Cove Rd. Browse the list under "Other properties on Forest Cove Rd" to compare beds, baths, and sale history.
What are the property facts for 5241 Forest Cove Rd?
5241 Forest Cove Rd is a 3 bed, 3 bath, 2,100 sqft, 24,394 sqft lot single_family.
Is 5241 Forest Cove Rd a flip candidate?
Yes — 5241 Forest Cove Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5241 Forest Cove Rd a tax-appeal candidate?
No — 5241 Forest Cove Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$544.4K
2026 Q4
$549.9K
ZIP 30506 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest Cove Rd