Sold Price cut: $20,000 (9/24)
$125,000
1 beds · 1 baths · 707 sqft
311 Stokes Street, Monroe, GA 30655
Great deal
Priced about $58,626 (32%) below comparable homes. Estimated market value $183,626, based on 30 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Just 2 blocks from DOWNTOWN Monroe!! Whether you're a history buff wanting to restore a quaint cottage or an investor ready to build on a great lot, this property is the perfect investment opportunity. The cottage has a newer roof and hot water heater, while the property boasts approximately .92 acres, which is a rarity in this growing city. The private back yard has…
PoolBasementGarageNo HOA
Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by RE/MAX Legends.
· FMLS #7642094$855/mo est.
with $12,500 down · $125,000 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
1
Beds
1
Baths
707
Sqft
1920
Built
0.9 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,000/morange $925 – $1,0759.6% gross yield
Based on 4 similar rentals within a mile (2 recently leased).
2 bd · 1 ba · 1,000 sqft · 0.4 mi away · leased$1,475/mo2 bd · 2 ba · 1,000 sqft · 0.6 mi away · leased$1,300/mo2 bd · 2 ba · 1,115 sqft · 1 mi away$1,350/mo3 bd · 2 ba · 1,134 sqft · 0.7 mi away$1,480/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$891/mo
Principal & interest$730
Property taxes$125
Home insurance$36
Down payment$12,500 (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 valueListed for sale
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Schools
Harmony - WaltonElementary
CarverMiddle
Monroe AreaHigh
Location
54 for sale 6 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by RE/MAX Legends
Source: FMLS · #7642094
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