Seller's Agent in 2025
Community and Council
Keller Williams Realty
(404) 600-1367
187 Total Sales
407 Maple Way Monroe, GA 30655
Monroe Area
--
Bed
--
Bath
--
Sq Ft
2.32
Acre Lot
Highlights
- 2.32 Acre Lot
- No HOA
- Central Heating and Cooling System
About This Home
As of August 2025This is a rare chance to own a high-performing, income-generating property in a prime location! This 20-unit, 5-building development offers a diverse mix of spacious, in-demand rental units - 8 units featuring 4 bedrooms and 3 baths, and 12 units offering 3 bedrooms and 2.5 baths. Several have been newly renovated, enhancing their appeal and market value. Each unit boasts an open-concept living and dining area, a well-sized kitchen, and thoughtful layouts that attract long-term tenants. 18 of the 20 units are already rented, providing immediate cash flow and stability for investors. Located just 3/4 of a mile from Monroe's charming historic downtown, residents enjoy easy access to quaint antique shops, boutiques, local dining, and rich history. This high-demand rental area ensures continued occupancy and strong appreciation potential. Financials, including rent rolls and lease agreements, are available upon request.
Last Agent to Sell the Property
Keller Williams Realty License #259492 Listed on: 03/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,021
Year Built
- Built in 2004
Lot Details
- 2.32
Home Design
- Concrete Siding
Parking
- Over 1 Space Per Unit
- Off-Street Parking
Schools
- Monroe Elementary School
- Carver Middle School
- Monroe Area High School
Additional Features
- 2-Story Property
- 2.32 Acre Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 20 Units
- Maple Place Subdivision
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2025
Closed on
Aug 28, 2025
Sold by
Bought by
Seller's Agent
Community and Council
Keller Williams Realty
Buyer's Agent
Alexander Purcell
Keller Williams Greater Athens
List Price
$2,595,000
Sold Price
$1,928,524
Premium/Discount to List
-$666,476
-25.68%
Views
64
Purchase Details
Listed on
Sep 22, 2021
Closed on
Nov 22, 2021
Sold by
Bought by
Seller's Agent
Jenea Kennedy
Engel & Volkers Atlanta
Buyer's Agent
Jimmy Hutchinson
Compass
List Price
$2,000,000
Sold Price
$2,500,000
Premium/Discount to List
$500,000
25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.65%
Original Mortgage
$1,875,000
Interest Rate
0.0309%
Mortgage Type
Commercial
Purchase Details
Closed on
May 15, 2015
Sold by
Bought by
Purchase Details
Closed on
Dec 31, 2010
Sold by
Bought by
Purchase Details
Closed on
Sep 8, 1992
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,928,525 | -- | ||
| $2,500,000 | -- | ||
| $685,000 | -- | ||
| $435,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,875,000 | ||
| Previous Owner | $218,911 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2025 08/28/25 | Sold | $1,928,524 | -8.2% | -- | |
| 06/24/2025 06/24/25 | Pending | -- | -- | -- | |
| 06/11/2025 06/11/25 | Price Changed | $2,100,000 | -8.7% | -- | |
| 04/30/2025 04/30/25 | Price Changed | $2,300,000 | -11.4% | -- | |
| 03/08/2025 03/08/25 | For Sale | $2,595,000 | +3.8% | -- | |
| 11/22/2021 11/22/21 | Sold | $2,500,000 | 0.0% | -- | View Prior Sale |
| 10/08/2021 10/08/21 | Pending | -- | -- | -- | |
| 09/23/2021 09/23/21 | Price Changed | $2,500,000 | +25.0% | -- | |
| 09/22/2021 09/22/21 | For Sale | $2,000,000 | -- | -- |
Source: Georgia MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $33,090 | $940,680 | $12,800 | $927,880 |
| 2024 | $32,021 | $940,680 | $12,800 | $927,880 |
| 2023 | $32,889 | $940,680 | $12,800 | $927,880 |
| 2022 | $35,405 | $948,080 | $20,200 | $927,880 |
| 2021 | $9,846 | $254,760 | $20,200 | $234,560 |
| 2020 | $10,105 | $254,760 | $20,200 | $234,560 |
| 2019 | $10,090 | $254,760 | $20,200 | $234,560 |
| 2018 | $10,033 | $254,760 | $20,200 | $234,560 |
| 2017 | $10,677 | $254,760 | $20,200 | $234,560 |
| 2016 | $10,529 | $255,400 | $20,200 | $235,200 |
| 2015 | $10,716 | $255,400 | $20,200 | $235,200 |
| 2014 | $11,066 | $256,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Community and Council
-
Russell Allen
Seller Co-Listing Agent in 2025
Russell Allen
Keller Williams Realty
(678) 773-3085
94 Total Sales
-
Alexander Purcell
Buyer's Agent in 2025
Alexander Purcell
Keller Williams Greater Athens
(706) 389-0771
281 Total Sales
-
Jenea Kennedy
Seller's Agent in 2021
Jenea Kennedy
Engel & Volkers Atlanta
(404) 304-8964
64 Total Sales
-
Jimmy Hutchinson
Buyer's Agent in 2021
Jimmy Hutchinson
Compass
(678) 763-3499
65 Total Sales
Map
Source: Georgia MLS
MLS Number: 10474750
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 2026 Georgia MLS. All rights reserved.
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