518 Toombs St Palmetto, GA 30268
Estimated payment $8,202/month
Highlights
- Additional Residence on Property
- 2.26 Acre Lot
- Seasonal View
- In Ground Pool
- Deck
- Property is near public transit
About This Home
Public Remarks- Welcome to 518 Toombs Street, a stately Victorian beauty a few blocks off Main Street in the quaint town of Palmetto Georgia. Built in 1861 on a 2.26 acre lot is an elegant home brimming with charm and historical elements. Upon entering the foyer with a sweeping wood staircase, guests enter an oversized, light filled formal living room with a bay window overlooking the front lawn. Down the hall is a dining room with built in cabinets that looks out into the back garden and connects to the heart of the home, the family room, breakfast area, kitchen, and the friends and family entrance. The ample kitchen has plenty of cabinets, stainless steel appliances, a smart refrigerator, and an office nook and looks into the cozy family room with a fireplace and dining space. Off to one side is the friends and family entrance that is large enough to be an office or keeping room. The other side of the living room opens onto over 600 sf of brand new decking, a side yard with a firepit, gardens, and an artist studio. On the main level are also two bedrooms with full baths, a powder room, walk-in pantry, and laundry. Up the beautiful staircase is an additional 3 bedrooms with windows that almost reach the floors, another office space, and 2 more full bathrooms. The grounds of this gorgeous property make it unique and provide opportunities for work, play, and income generating activities. There is a darling cottage with a full bath and kitchenette that has been a successful short term rental property for many years and accommodates guests staying at nearby Serenbe for events, weddings, and vacations. A newly built large workshop with custom wood finishes throughout, a full bath, and a loft with a porch could remain a workshop or could serve as an additional living space. Attached to the covered parking spaces is yet another building with a half bath and additional space for storage, a home gym, or an office. The artist studio is another charming building with the potential to meet many needs as well. In the back yard is a pool, spacious decking, and an outdoor covered kitchen with 2 grills, a fridge, a sink, a ceramic smoker, and a television. One of the most endearing features of the home is the garden with a folly built in the front yard. The enchanting structure has an open room with two arbors, one on each side and a raised garden laid out in front. The many captivating elements in this home and grounds are enhanced by the proximity to points of interest like Serenbe, Trilith, Newnan, Peachtree City, Atlanta Airport, and 2 Piedmont hospitals. It is also located just 30 miles from Midtown Atlanta.
Listing Agent
Atlanta Fine Homes - Sotheby's Int'l License #395795 Listed on: 10/04/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,964
Year Built
- Built in 1861
Lot Details
- 2.26 Acre Lot
- Back and Front Yard Fenced
- Private Lot
- Level Lot
- Open Lot
- Garden
- Grass Covered Lot
Home Design
- Victorian Architecture
- Composition Roof
- Vinyl Siding
Interior Spaces
- 3,971 Sq Ft Home
- 2-Story Property
- Rear Stairs
- High Ceiling
- Bay Window
- Family Room with Fireplace
- Great Room
- Formal Dining Room
- Home Office
- Keeping Room
- Seasonal Views
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Breakfast Room
- Breakfast Bar
- Walk-In Pantry
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- In-Law or Guest Suite
- Double Vanity
Parking
- 5 Parking Spaces
- Carport
- Parking Pad
Pool
- In Ground Pool
- Saltwater Pool
Outdoor Features
- Deck
- Outdoor Kitchen
- Separate Outdoor Workshop
- Outbuilding
Schools
- Palmetto Elementary School
- Bear Creek Middle School
- Creekside High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Additional Residence on Property
- Property is near public transit
Community Details
- No Home Owners Association
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 |
---|---|---|---|---|
2025 | $14,543 | $579,040 | $32,520 | $546,520 |
2023 | $13,857 | $490,920 | $54,240 | $436,680 |
2022 | $7,124 | $270,760 | $18,240 | $252,520 |
2021 | $7,345 | $270,720 | $13,960 | $256,760 |
2020 | $7,393 | $266,000 | $13,680 | $252,320 |
2019 | $4,856 | $173,960 | $13,520 | $160,440 |
2018 | $4,795 | $169,880 | $13,200 | $156,680 |
2017 | $1,172 | $40,160 | $12,440 | $27,720 |
2016 | $1,262 | $43,240 | $17,960 | $25,280 |
2015 | $1,267 | $43,240 | $17,960 | $25,280 |
2014 | $837 | $27,320 | $11,360 | $15,960 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
---|---|---|---|---|---|
10/03/2025 10/03/25 | For Sale | $1,249,000 | +87.8% | $268 / Sq Ft | |
07/24/2019 07/24/19 | Sold | $665,000 | -5.0% | $169 / Sq Ft | View Prior Sale |
05/24/2019 05/24/19 | Pending | -- | -- | -- | |
05/21/2019 05/21/19 | Price Changed | $699,999 | -8.5% | $177 / Sq Ft | |
04/19/2019 04/19/19 | For Sale | $765,000 | +332.2% | $194 / Sq Ft | |
09/10/2013 09/10/13 | Sold | $177,000 | -9.2% | $45 / Sq Ft | View Prior Sale |
08/05/2013 08/05/13 | Pending | -- | -- | -- | |
07/23/2013 07/23/13 | For Sale | $194,900 | -- | $49 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $665,000 | -- | |
Warranty Deed | -- | -- | |
Deed | $314,000 | -- | |
Warranty Deed | -- | -- | |
Warranty Deed | -- | -- | |
Warranty Deed | -- | -- | |
Foreclosure Deed | $323,459 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $484,350 | New Conventional | |
Previous Owner | $251,200 | No Value Available | |
Previous Owner | -- | No Value Available |
Source: Georgia MLS
MLS Number: 10618791

APN: 07-3506-0062-005-2
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