$139,000
$10K PRICE DROP

450 E 3rd Shannon St NE Rome, GA 30161

Estimated payment $901/month

Total Views 9,651
2 Beds
1 Bath
1,343 Sq Ft
$103 Price per Sq Ft

Highlights

  • City View
  • Ranch Style House
  • 2 Fireplaces
  • Model Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

This 2-bedroom, 1-bathroom home is brimming with income potential and is priced to sell fast. Previously rented for several years, it's a proven income-generating property-ideal for savvy investors or handy homeowners looking to build equity quickly.Inside, you'll find charming hardwood floors, a spacious living room, a dedicated laundry room, and a metal roof built for durability. The fenced-in lot offers generous outdoor space, perfect for tenants or future enhancements.The kitchen had a minor sink leak and is ready for your finishing touches-an excellent opportunity to add value and personalize the space. The home is being sold AS-IS, and the price has been significantly reduced from $189,000 to just $149,000 to reflect this. Bonus: Owner financing is available, making this an even more accessible and attractive investment. Don't miss out on this value-packed property with strong rental potential and room to grow. Act now to turn this diamond in the rough into your next success story.

Listing Agent

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 12/09/2024

Mark Spain Real Estate

Co-Listing Agent

ANDREW LACY

Mark Spain Real Estate License #208429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,343 Sq Ft Home
  • 2 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • City Views
  • Crawl Space
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Model Elementary And Middle School
  • Model High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Gas Water Heater
  • Phone Available

Community Details

  • No Home Owners Association
  • Burlington Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,736

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • ArchitecturalStyle: Ranch, Traditional
  • Co List Office: TECH01
  • Electric: 220 Volts
  • Levels: One
  • Lot Size Acres: .19
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1343
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Refrigerator
  • Bedrooms: 2
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1343
  • Above Grade Finished Sq Ft: 1343
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Fireplace Features: Gas Log
  • Flooring: Hardwood, Vinyl
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 103.499

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Fencing: Chain Link
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Metal
  • View: City
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Model
  • High School: Model
  • High School Bus: Yes
  • Middle School: Model
  • Middle School Bus: Yes
  • Elementary School: Model
  • Middle School: Model
  • High School: Model

Lot Info

  • Deed Book: 2360
  • Deed Page: 524

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1736

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
2024 $1,825 $62,318 $2,400 $59,918
2023 $1,825 $60,582 $2,400 $58,182
2022 $1,551 $50,843 $2,400 $48,443
2021 $1,244 $39,874 $2,400 $37,474
2020 $346 $15,642 $2,400 $13,242
2019 $395 $15,113 $2,400 $12,713
2018 $402 $15,377 $2,400 $12,977
2017 $394 $15,092 $2,400 $12,692
2016 $461 $17,120 $2,400 $14,720
2015 $544 $17,120 $2,400 $14,720
2014 $544 $17,120 $2,400 $14,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $139,000 0.0% $103 / Sq Ft
08/02/2025 08/02/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $139,000 0.0% $103 / Sq Ft
05/21/2025 05/21/25 Off Market $139,000 -- --
04/04/2025 04/04/25 Price Changed $139,000 -6.7% $103 / Sq Ft
12/09/2024 12/09/24 For Sale $149,000 -- $111 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $33,850 --
Deed $14,500 --
Warranty Deed $7,000 --
Deed $61,345 --
Deed $61,345 --
Warranty Deed $69,000 --
Warranty Deed $47,000 --
Warranty Deed $33,900 --
Deed $25,000 --
Deed $8,500 --
Deed $7,000 --
Deed -- --
Source: Public Records

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Source: Georgia MLS

MLS Number: 10421359

Georgia MLS

APN: L10Z-092