NOT LISTED FOR SALE

505 Baron Dr Monroe, GA 30655

Estimated Value: $271,000 - $322,000

4 Beds
4 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold August 29, 2022

Last sale price $225,000

Est. 34% increase in value since last sale

Current estimated payment $1,875/month

64 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of August 2022

Calling all Investors and first time home buyers(you can live in one unit and rent the other) to come see this 2 bedroom / 2 bath Duplex with a large living room, eat-in kitchen, private driveway and parking and a nice front porch. This Duplex is located near shopping, restaurants, houses of worship, schools and entertainment. This can be a great investment for the right party. Do not disturb Tenants!

Last Agent to Sell the Property

Wendy Warren

HomeSmart License #305887 Listed on: 04/21/2022

HomeSmart

Last Buyer's Agent

Shanee Mayne

Watch Realty Co Gwinnett License #400186

Watch Realty Co Gwinnett

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 2000

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Parking

  • 2 Parking Spaces
  • Over 1 Space Per Unit
  • Off-Street Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • No Home Owners Association
  • 2 Units
  • Baron Properties Ii Subdivision

Listing and Financial Details

  • Tax Lot 36

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,953

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2000
  • Financing Type: FHA
  • Levels: One
  • Lot Size Acres: .24
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Over 1 Space per Unit
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Central
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Underground Utilities, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Harmony
  • High School: Monroe Area
  • High School Bus: Yes
  • Middle School: Carver
  • Middle School Bus: Yes

Lot Info

  • Lot: 36

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1952.55

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Aug 29, 2022
Sold by
Hannasch Thomas Paul
Bought by
Escobar Shampaine
Seller's Agent
Wendy Warren
HomeSmart
Buyer's Agent
Shanee Mayne
Watch Realty Co Gwinnett
List Price
$273,000
Sold Price
$225,000
Premium/Discount to List
-$48,000
-17.58%
Views
9
Current Estimated Value
$301,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,309
Avg. Annual Appreciation
8.94%
Original Mortgage
$220,924
Outstanding Balance
$209,689
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$91,620

Purchase Details

Closed on
Mar 12, 2020
Sold by
Hannasch Thomas P
Bought by
Thomas Paul Hannasch Liv Tr

Purchase Details

Closed on
Nov 1, 2000
Sold by
Pock Bldgs Inc
Bought by
Hannasch Thomas P and Hannasch Ethel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
7.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2000
Sold by
Baron Properties
Bought by
Peck Bldgs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Escobar Shampaine $225,000 --
Thomas Paul Hannasch Liv Tr -- --
Hannasch Thomas P $136,000 --
Peck Bldgs $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Shampaine $220,924
Previous Owner Hannasch Thomas P $122,400
Previous Owner Peck Bldgs $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $225,000 -17.6% --
06/24/2022 06/24/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $273,000 -- --
Source: Georgia MLS

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
2025 $3,729 $112,200 $18,000 $94,200
2024 $3,729 $109,560 $18,000 $91,560
2023 $3,147 $104,960 $16,800 $88,160
2022 $2,142 $57,360 $8,800 $48,560
2021 $1,953 $50,520 $8,800 $41,720
2020 $1,761 $44,400 $8,800 $35,600
2019 $1,611 $39,440 $7,200 $32,240
2018 $1,553 $39,440 $7,200 $32,240
2017 $1,653 $39,440 $7,200 $32,240
2016 $1,042 $25,280 $6,400 $18,880
2015 $948 $22,600 $6,400 $16,200
2014 $918 $21,240 $6,400 $14,840
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Wendy Warren

    HomeSmart

    (678) 468-8916

    3 in this area

    10 Total Sales

    Wendy Warren
    Section Image
  • Shanee Mayne

    Buyer's Agent in 2022

    Shanee Mayne

    Watch Realty Co Gwinnett

    (678) 310-5548

    2 in this area

    110 Total Sales

    Shanee Mayne
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20035396

Georgia MLS

APN: NM25B00000036000

Georgia Walton County Monroe 30655

505 Baron Dr, Monroe, GA

Not Listed for Sale

MultiFamily

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