Sold Price cut: $16,000 (3/8)
$499,000
4 beds · 3 baths
516 Mill Farm Lane, Monroe, GA 30655
About this home
MODERN FARMHOUSE STYLE, OPEN CONCEPT FLOOR PLAN, 4 BRs, 3BAs, BONUS ROOM, SCREENED PORCH, FENCED BACKYARD!!
LARGER THAN IT LOOKS, Y'ALL - IT'S 2533 SF!!
Welcome to Mill Farm Place, a small neighborhood of 13 modern farmhouse style homes, less than a mile to downtown Monroe and Monroe Golf & Country Club! This custom-built home with brick and Hardie Plank Siding was…
PoolBasementGarageOpen floor plan
Listing remarks courtesy of Realty East · Sold by Algin Realty, Inc..
· FMLS #7517564$3,412/mo est.
with $49,900 down · $499,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
4
Beds
3
Baths
2023
Built
0.23 ac
Lot
2-car
Garage
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,475/morange $1,375 – $1,5753.5% gross yield
Based on 12 similar rentals within 2 mi (3 recently leased).
4 bd · 3 ba · 1 mi away$1,300/mo4 bd · 3 ba · 1,500 sqft · 1 mi away$1,395/mo4 bd · 3 ba · 1,472 sqft · 1.1 mi away$1,600/mo4 bd · 3 ba · 1.1 mi away$1,450/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Payment calculator
$3,600/mo
Principal & interest$2,913
Property taxes$499
Home insurance$146
HOA$42
Down payment$49,900 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated value
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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Atha RoadElementary
YouthMiddle
Walnut GroveHigh
Location
46 for sale 6 pending 12 sold
Listed by
Realty East · Sold by Algin Realty, Inc.
Source: FMLS · #7517564
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
