7505 Rico Rd Palmetto, GA 30268
Estimated payment $2,638/month
Highlights
- 5.15 Acre Lot
- Private Lot
- No HOA
- Deck
- Ranch Style House
- Breakfast Area or Nook
About This Home
PREFERRED LENDER IS OFFERING AN ADDITIONAL $2000 AT CLOSING*** Call to find out more details about this amazing offer! Charming Updated Farmhouse on 5+ Acres - Mini Farm Near Serenbe & Cochran Mill Park! Welcome to your dream country retreat! Nestled on over 5 picturesque acres, this beautifully updated 3-bedroom, 2-bath all-brick farmhouse offers the perfect blend of rural charm and modern comfort. Located just minutes from the sought-after Serenbe community and Cochran Mill Park, and with convenient access to South Fulton Parkway, this property provides the ideal balance of seclusion and accessibility. Step inside to discover a light-filled, open concept living area featuring sleek stainless steel appliances, a cozy wood-burning stove, and elegant updates throughout. The home offers low-maintenance living in a classic farmhouse setting. Outside, you'll find everything you need for a mini farm lifestyle - a fenced backyard, outdoor shed, and plenty of space for farm animals or a master garden. With road frontage on two sides, this property offers flexibility and convenience for access or potential expansion and potential use as an Air bnb! Whether you're looking for a private homestead, a small-scale farm, or a peaceful escape close to nature and community, this one-of-a-kind property has it all. Call today for an appointment to view! Preferred lender Frank Bennett with Element Home Loans is offering a $2000 lender credit at closing to approved buyers!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,264
Year Built
- Built in 1962 | Remodeled
Lot Details
- 5.15 Acre Lot
- Back Yard Fenced
- Private Lot
Home Design
- Ranch Style House
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,812 Sq Ft Home
- Beamed Ceilings
- Ceiling Fan
- Living Room with Fireplace
- Laminate Flooring
- Laundry in Hall
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
Parking
- Garage
- Parking Accessed On Kitchen Level
Outdoor Features
- Deck
- Shed
Schools
- Palmetto Elementary School
- Bear Creek Middle School
- Creekside High School
Utilities
- Central Heating and Cooling System
- Propane
- Well
- Septic Tank
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 | $5,200 | $151,520 | $38,480 | $113,040 |
| 2023 | $5,283 | $153,920 | $38,480 | $115,440 |
| 2022 | $2,037 | $91,920 | $26,600 | $65,320 |
| 2021 | $2,034 | $89,200 | $25,800 | $63,400 |
| 2020 | $2,070 | $88,160 | $25,520 | $62,640 |
| 2019 | $2,444 | $86,600 | $25,040 | $61,560 |
| 2018 | $2,467 | $84,560 | $24,480 | $60,080 |
| 2017 | $1,332 | $46,720 | $12,320 | $34,400 |
| 2016 | $1,361 | $46,720 | $12,320 | $34,400 |
| 2015 | $1,881 | $46,720 | $12,320 | $34,400 |
| 2014 | $1 | $46,720 | $12,320 | $34,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | Price Changed | $449,000 | -6.3% | $248 / Sq Ft | |
| 08/30/2025 08/30/25 | For Sale | $479,000 | +18.3% | $264 / Sq Ft | |
| 12/19/2022 12/19/22 | Sold | $405,000 | +1.3% | $224 / Sq Ft | View Prior Sale |
| 12/04/2022 12/04/22 | Pending | -- | -- | -- | |
| 11/30/2022 11/30/22 | For Sale | $399,999 | -- | $221 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Limited Warranty Deed | -- | -- | |
| Limited Warranty Deed | $405,000 | -- | |
| Warranty Deed | $180,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $381,562 | FHA |
Source: Georgia MLS
MLS Number: 10594710
APN: 08-2500-0105-012-3
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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