NOT LISTED FOR SALE

2940 Iris Lowery Loop Cadwell, GA 31009

Estimated Value: $101,000 - $144,000

Studio
-- Bath
-- Sq Ft
2.6 Acres Lot

Sale Details

Date Sold: September 26, 2025

Last sale price $125,000

Est. 7% decrease in value since last sale

Current estimated payment $637 / mo

67 Days on Market

Highlights

  • No HOA
  • East Laurens Primary School Rated A-
  • 1-Story Property

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Brittany Lancaster

Chelle Realty License #427188 Listed on: 06/30/2025

Last Buyer's Agent

Brittany Lancaster

Chelle Realty License #427188 Listed on: 06/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $168

Year Built

  • Built in 1985

Lot Details

  • 2.6

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$168

Year Built

Built in 1985

Lot Details

2.6 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 2.60
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Southwest Laurens
  • High School: West Laurens
  • Middle School: West Laurens

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2024
  • Tax Annual Amount: 168.33

Multi Family

  • NumberOfUnitsTotal: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2025
Closed on
Sep 26, 2025
Sold by
Bought by
Seller's Agent
Brittany Lancaster
Chelle Realty
Buyer's Agent
Brittany Lancaster
Chelle Realty
List Price
$165,000
Sold Price
$125,000
Premium/Discount to List
-$40,000
-24.24%
Views
78
Current Estimated Value
$115,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,305
Avg. Annual Appreciation
-10.75%

Purchase Details

Closed on
May 21, 2025
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 16, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 --
$35,000 --
$48,000 --
$53,000 --
$49,000 --
$25,000 --
$12,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $45,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Sold $125,000 -10.1% --
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 -- --
Source: Georgia MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $165 $8,440 $1,040 $7,400
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
Source: Public Records

Agents Affiliated with this Home

  • Brittany Lancaster

    Seller's Agent in 2025

    Brittany Lancaster

    Chelle Realty

    (478) 595-9720

    92 Total Sales

    Brittany Lancaster
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Map

Source: Georgia MLS

MLS Number: 10554238

Georgia MLS

APN: 083-004

Georgia Laurens County Cadwell 31009

2940 Iris Lowery Loop, Cadwell, GA

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.

Georgia MLS 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 2026 Georgia MLS. All rights reserved.

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