2940 Iris Lowery Loop Cadwell, GA 31009
Estimated payment $751/month
Highlights
- No HOA
- Northwest Laurens Elementary School Rated 9+
- 1-Story Property
About This Home
Fantastic investment opportunity in Cadwell, GA! This 2.6-acre mobile home park includes five total lots, with four currently occupied and generating $2,500 per month in rental income. The property is equipped with five individual septic tanks, one deep well, and an on-site storage container. The park is permitted for a total of 6 lots. With utilities already in place and a steady rental history, this is a turnkey property ready for the next Investor. Please do not disturb tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $168
Year Built
- Built in 1985
Parking
- Over 1 Space Per Unit
Home Design
- Vinyl Siding
Schools
- Southwest Laurens Elementary School
- West Laurens Middle School
- West Laurens High School
Utilities
- Shared Well
- Septic Tank
Additional Features
- 1-Story Property
- 2.6 Acre Lot
Community Details
- No Home Owners Association
- 6 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $178 | $8,440 | $1,040 | $7,400 |
| 2023 | $178 | $6,914 | $0 | $6,914 |
| 2022 | $231 | $10,875 | $3,475 | $7,400 |
| 2021 | $233 | $10,704 | $3,304 | $7,400 |
| 2020 | $234 | $10,704 | $3,304 | $7,400 |
| 2019 | $234 | $10,704 | $3,304 | $7,400 |
| 2018 | $119 | $5,454 | $3,304 | $2,150 |
| 2017 | $119 | $5,454 | $3,304 | $2,150 |
| 2016 | $119 | $5,454 | $3,304 | $2,150 |
| 2015 | -- | $5,454 | $3,304 | $2,150 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Price Changed | $139,000 | -12.6% | -- |
| 08/09/2025 08/09/25 | Price Changed | $159,000 | -3.6% | -- |
| 06/30/2025 06/30/25 | For Sale | $165,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $35,000 | -- | |
| Warranty Deed | $48,000 | -- | |
| Deed | $53,000 | -- | |
| Deed | $49,000 | -- | |
| Deed | $25,000 | -- | |
| Deed | $12,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,000 | New Conventional |
Source: Georgia MLS
MLS Number: 10554238
APN: 083-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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