$479,000

7505 Rico Rd Palmetto, GA 30268

Estimated payment $2,877/month

Total Views 734
3 Beds
2 Baths
1,812 Sq Ft
$264 Price per Sq Ft

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!

Listing Agent

Jeff Grubbs

Southern Classic Realtors License #389520 Listed on: 08/30/2025

Southern Classic Realtors

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,264

Year Built

Built in 1962 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • ArchitecturalStyle: Brick 4 Side, Ranch
  • Levels: One
  • Lot Size Acres: 5.15
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1812
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1812
  • Above Grade Finished Sq Ft: 1812
  • Interior Amenities: Double Vanity, Beamed Ceilings, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 2
  • Fireplace Features: Living Room
  • Flooring: Laminate
  • Kitchen Features: Breakfast Area, Kitchen Island
  • Price Per Square Foot: 264.348

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Lot Features: Private
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Palmetto
  • High School: Creekside
  • High School Bus: No
  • Middle School: Bear Creek
  • Middle School Bus: Yes
  • Elementary School: Palmetto
  • Middle School: Bear Creek
  • High School: Creekside

Lot Info

  • Deed Book: 67536
  • Deed Page: 530

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3263.83

MLS Schools

  • Elementary Bus Line: Yes

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,283 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
12/04/2022 12/04/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $399,999 -- $221 / Sq Ft
Source: Georgia MLS

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $83,844 New Conventional
Previous Owner $381,562 FHA
Source: Public Records

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Source: Georgia MLS

MLS Number: 10594710

Georgia MLS

APN: 08-2500-0105-012-3