Active$275,000
3 bd2 ba1,351 SFSingle-family home
5674 Maiden Lane
Lula, GA 30554 · 230 days listed
FMLS #7733481 · Listing Provided By Maximum One Premier Realtors · 470-400-9877
Active18 days listed
123 Westmoreland Road, Lula, GA 30554
- 3bd
- 2ba
- 1,848SF
- 2.46ac lot
FMLS #7851919 · Listing Provided By 214 Realty Company · 706-870-4300 · Listing agent Lillee Parson
About this home
Welcome home to peaceful country living in Lula, Georgia! This spacious 3-bedroom, 2-bath home sits on 2.46 acres, offering plenty of room to spread out both inside and out. Surrounded by mature trees on the sides and back of the property, you'll enjoy a private, peaceful setting while still being conveniently located to everyday amenities. Inside, you'll find a spacious kitchen featuring a large island, along with a pantry and a dedicated laundry room. New granite counters and new water proof flooring through kitchen, dining area, and utility room! The three bedrooms offer generous closet space, and the home provides plenty of flexibility for comfortable living, entertaining, and making the space your own. A roomy sunroom provides the perfect spot to enjoy your morning coffee while taking in the peaceful backyard views. Home is on a permanent foundation. Outside, there's plenty of space to enjoy the property, including a nice driveway, a storm shelter, a storage shed, and an additional shed/carport area for parking. Whether you're looking for space for your family, room to entertain, or simply a little more privacy and breathing room, this property offers plenty of potential. Priced at $274,000 and offered AS IS, this home is ready for its next owners to bring their vision and make it their own. Come see all that this property has to offer and discover the possibilities waiting for you in Lula!
How this list price compares in Lula
- List price is 29% below the Lula median list price of $386,500 (52 homes).
- Compared with 48 single-family homes in Lula: 30% below the median of $392,400.
- List price per square foot is 15% below the Lula median of $175/SF.
- All 52 homes for sale in Lula, GA.
- 75 homes for sale in Banks County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 3
- Full baths
- 2
- Living area
- 1,848 SF
- Lot size
- 2.46 acres
- Year built
- 1995
- Levels
- One
- Main-level bedrooms
- 3
- Parking
- Carport, Detached
- Basement
- Crawl Space
- Style
- Mobile
- Construction
- Aluminum Siding, Vinyl Siding
- Roof
- Composition
- Flooring
- Carpet, Other, Vinyl
- Heating
- Heat Pump
- Cooling
- Central Air
- Fireplaces
- 1
- Appliances
- Dishwasher, Dryer, Refrigerator, Washer
- Lot
- Back Yard, Front Yard, Private
- HOA
- No
- Annual tax
- $831 (2024)
- County
- Banks
Assigned schools
- HighBanks County
- MiddleBanks County
- ElementaryBanks County
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $274,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,991/mo
- Principal and interest
- $1,694
- Property tax
- $69
- Home insurance
- $125
- Mortgage insurance
- $103
- HOA dues
- $0
- Loan amount
- $246,600
- Cash down
- $27,400
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Beyond homes
Also exploring Georgia investment real estate?
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Other property types for sale
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Investor research and tools
- Atlanta apartment cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- NOI for apartment buildingsHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- debt service coverage ratio explainedDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- commercial real estate financing guideConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- multifamily cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily investment calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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