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1023 Falling Water Dr

Smyrna, GA 30080

2 bd 4 ba 2,216 sqft Built 1983 Lot 3,049 sqft townhomes
Most recent sale
$225,000
Jul 12, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 29, 2025 Sold $159,899 GeorgiaMLS
Aug 1, 2024 Listing removed $267,500 FMLS
Jun 17, 2024 Price changed $267,500 FMLS
Jun 7, 2024 Price changed $270,000 FMLS
May 11, 2024 Price changed $275,000 FMLS
May 2, 2024 Price changed $279,900 FMLS
Apr 19, 2024 Price changed $289,000 FMLS
Apr 11, 2024 Listed $294,900 FMLS
Sep 15, 2023 Listing removed $1,995 FMLS
Sep 7, 2023 Price changed (rent) $1,995 FMLS
Aug 29, 2023 Price changed (rent) $2,375 FMLS
Aug 6, 2023 Listed for rent $2,500 FMLS
Jul 12, 2023 Sold $225,000 Public Record
May 4, 2023 Sold $190,000 Public Record
Apr 25, 2023 Sold $145,000 Public Record
May 7, 2002 Sold $111,900 Public Record
Jun 2, 1983 Sold $61,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $61,040 $28,960 $90,000 $2,444
2023 $71,544 $34,000 $105,544 $2,866
2022 $54,292 $18,000 $72,292 $1,977
2021 $44,052 $16,000 $60,052 $1,650
2020 $36,460 $12,000 $48,460 $1,332
2019 $36,460 $12,000 $48,460 $1,332
2018 $28,940 $6,800 $35,740 $982
2017 $15,296 $6,800 $22,096 $569
2016 $15,296 $6,800 $22,096 $569
2015 $15,296 $3,200 $18,496 $488
2014 $12,196 $3,200 $15,396 $410
2013 $9,484 $3,200 $12,684 $341
2012 $9,484 $3,200 $12,684 $344
2011 $17,616 $212
2010 $26,316 $431
2009 $41,960 $841
2008 $41,960 $633
2007 $41,960 $633

Property facts

Year built
1983
Property type
townhomes
Stories
3
Beds
2
Baths
4
Living area
2,216 sqft
Lot size
3,049 sqft
ZIP code
30080
City
Smyrna
Street
Falling Water Dr
Coordinates
33.88966, -84.48262

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1023 Falling Water Dr last sell?
1023 Falling Water Dr most recently sold on Jul 12, 2023 for $225,000.
What is the current tax assessment for 1023 Falling Water Dr?
The most recent total assessment for 1023 Falling Water Dr (year 2025) is $90,000 with $2,444 in property tax.
How does 1023 Falling Water Dr's assessment compare to its last sale price?
The current assessment is 60.0% below the last sale price of $225,000.
When was 1023 Falling Water Dr built?
1023 Falling Water Dr was built in 1983.
How does 1023 Falling Water Dr compare to others on Falling Water Dr?
We track 8 other properties on Falling Water Dr. Browse the list under "Other properties on Falling Water Dr" to compare beds, baths, and sale history.
What are the property facts for 1023 Falling Water Dr?
1023 Falling Water Dr is a 2 bed, 4 bath, 2,216 sqft, 3,049 sqft lot townhomes.
Is 1023 Falling Water Dr a flip candidate?
Yes — 1023 Falling Water Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1023 Falling Water Dr a tax-appeal candidate?
No — 1023 Falling Water Dr 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
+1.2%
Implied 1-yr
+5.0%
2026 Q3
$539.9K
2026 Q4
$546.1K
ZIP 30080 — Median Price History + Forecast

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