$400,000
SOLD AUG 30, 2023

501 Pine Park St Monroe, GA 30655

-- Bed
-- Bath
1,380 Sq Ft
871 Sq Ft Lot

Recently Sold

$290 Per Sq Ft

14 Days on Market

Highlights

  • No HOA
  • Park
  • High-Efficiency Water Heater
  • Community Playground
  • Energy-Efficient Appliances
  • Property is near schools

About This Home

As of August 2023

Seasoned Investors or First time Investors here is the property for you! Tremendous Cash Flow on this Fully Renovated Duplex. Fully Permitted Renovation from top to bottom, featuring Tiled Floors throughout, New Bathrooms, New Light Fixtures. Fully Renovated Kitchens w/ Quartz Countertops, SS Appliances and Custom Cabinets. Washer & Dryers Included. New Water Heaters and New/Updated HVAC Systems. Close to Downtown Monroe and the new Town Green. Tenant Occupied DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Andy Griffith

Engel & Völkers Atlanta License #350977 Listed on: 07/24/2023

Engel & Völkers Atlanta

Last Buyer's Agent

David Schenck

Atlanta InTown Real Estate License #157296

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 2006

Home Design

  • Duplex
  • Concrete Siding

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Location

  • Property is near schools
  • Property is near shops

Schools

  • Monroe Elementary School
  • Carver Middle School
  • Monroe Area High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • High-Efficiency Water Heater

Additional Features

  • 2-Story Property
  • 871 Sq Ft Lot

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Community Playground
  • Park

Building Details

  • Operating Expense $2,518
  • Gross Income $43,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,018

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2006
  • Financing Type: Conventional
  • GreenEnergyEfficient: Appliances, Thermostat, Water Heater
  • Levels: Two
  • Lot Size Acres: .02
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Concrete, Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Playground, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Monroe
  • High School: Monroe Area
  • Middle School: Carver
  • Elementary School: Monroe
  • Middle School: Carver
  • High School: Monroe Area

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1018

Multi Family

  • GrossIncome: 43920
  • NumberOfUnitsTotal: 2
  • OperatingExpense: 2518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2013
Sold by
Culpepper James D
Bought by
Hood Clayton L and Hood Nelson B
Current Estimated Value
$297,646
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $1,375 -5.2% $1 / Sq Ft
05/01/2025 05/01/25 For Rent $1,450 0.0% --
08/30/2023 08/30/23 Sold $400,000 0.0% $290 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $399,999 +29.0% $290 / Sq Ft
09/07/2022 09/07/22 Sold $310,000 -8.8% $225 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $340,000 +183.3% $246 / Sq Ft
12/07/2021 12/07/21 Sold $120,000 +0.1% $87 / Sq Ft
11/25/2021 11/25/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $119,900 0.0% $87 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $119,900 0.0% $87 / Sq Ft
03/15/2021 03/15/21 Rented $800 0.0% --
02/11/2021 02/11/21 For Rent $800 +39.1% --
11/21/2017 11/21/17 Rented $575 0.0% --
11/01/2017 11/01/17 Under Contract -- -- --
11/01/2017 11/01/17 For Rent $575 0.0% --
10/30/2017 10/30/17 Under Contract -- -- --
10/09/2017 10/09/17 For Rent $575 -- --
Source: Georgia MLS

Tax History Compared to Growth

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 $1,063 $31,240 $2,760 $28,480
2023 $1,054 $30,160 $2,760 $27,400
2022 $987 $26,440 $2,760 $23,680
2021 $773 $20,000 $2,760 $17,240
2020 $765 $19,280 $2,760 $16,520
2019 $737 $14,760 $2,760 $12,000
2018 $581 $14,760 $2,760 $12,000
2017 $619 $14,760 $2,760 $12,000
2016 $457 $11,080 $2,760 $8,320
2015 $418 $9,960 $2,760 $7,200
2014 $216 $9,840 $2,760 $7,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10184538

Georgia MLS

APN: M017000000086009