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40 Terrace St

Griffin, GA 30224

1 bd 1 ba 1,207 sqft Built 1940 Lot 11,761 sqft single_family
Most recent sale
$207,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 7, 2026 Sold $208,000 FMLS
Dec 3, 2025 Price changed $199,900 GeorgiaMLS
Nov 15, 2025 Price changed $201,000 GeorgiaMLS
Nov 6, 2025 Price changed $205,000 GeorgiaMLS
Oct 18, 2025 Price changed $211,000 GeorgiaMLS
Oct 14, 2025 Price changed $213,500 GeorgiaMLS
Oct 6, 2025 Price changed $214,000 GeorgiaMLS
Sep 30, 2025 Listed $215,000 GeorgiaMLS
May 19, 2022 Sold $207,000 MLS #20031911
Apr 8, 2022 Listed $189,900 MLS #20031911
Mar 3, 2004 Sold $116,000 Public Record
Nov 3, 2003 Sold $80,100 Public Record
Sep 4, 1998 Sold $62,000 Public Record
Nov 2, 1987 Sold $49,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $69,358 $9,200 $78,558 $2,259
2024 $69,358 $9,200 $78,558 $2,311
2023 $69,358 $9,200 $78,558 $2,246
2022 $38,059 $8,000 $46,058 $1,840
2021 $33,721 $8,000 $41,720 $1,667
2020 $33,721 $8,000 $41,720 $1,667
2019 $29,108 $8,000 $37,108 $1,510
2018 $23,643 $8,000 $31,643 $1,336
2017 $23,643 $8,000 $31,643 $1,307
2016 $23,643 $8,000 $31,643 $1,329
2015 $23,643 $8,000 $31,643 $1,350
2014 $23,643 $8,000 $31,643 $1,391
2013 $25,298 $8,000 $33,298 $1,473
2012 $27,879 $8,000 $35,879 $1,554
2011 $21,668 $7,412 $29,080 $1,249
2010 $21,668 $7,412 $29,080 $1,235
2009 $21,188 $7,412 $28,600 $1,217
2008 $21,188 $7,412 $28,600 $1,188
2007 $21,188 $7,412 $28,600 $1,188

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
1
Baths
1
Living area
1,207 sqft
Lot size
11,761 sqft
ZIP code
30224
City
Griffin
Street
Terrace St
Coordinates
33.23973, -84.25998

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,871
Gross rental yield
10.85%
Implied cap rate
7.05%
Trend-extrapolated value

Frequently asked questions

When did 40 Terrace St last sell?
40 Terrace St most recently sold on May 19, 2022 for $207,000.
What is the current tax assessment for 40 Terrace St?
The most recent total assessment for 40 Terrace St (year 2025) is $78,558 with $2,259 in property tax.
How does 40 Terrace St's assessment compare to its last sale price?
The current assessment is 62.0% below the last sale price of $207,000.
When was 40 Terrace St built?
40 Terrace St was built in 1940.
How does 40 Terrace St compare to others on Terrace St?
We track 8 other properties on Terrace St. Browse the list under "Other properties on Terrace St" to compare beds, baths, and sale history.
What are the property facts for 40 Terrace St?
40 Terrace St is a 1 bed, 1 bath, 1,207 sqft, 11,761 sqft lot single_family.
Is 40 Terrace St a flip candidate?
No — 40 Terrace St does not appear in our flips dataset.
Is 40 Terrace St a tax-appeal candidate?
No — 40 Terrace 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
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$313.6K
2026 Q4
$316.8K
ZIP 30224 — Median Price History + Forecast

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