NOT LISTED FOR SALE

505 Cedar Ln Monroe, GA 30655

Estimated Value: $260,000 - $322,000

3 Beds
2 Baths
1,581 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $270,000 $171 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,966/month

Highlights

  • Wood Flooring
  • No HOA
  • Laundry in Mud Room
  • 1 Fireplace
  • Den
  • 1-Story Property

About This Home

As of March 2022

This beautiful home in Monroe, Ga is a must see! The home has hardwood floors in the living room and bedrooms and tile in the kitchen and bathrooms. The living room has unique wooden walls that give it a nice cozy feel. It sits on 0.89 acres and has been added on to. It features a large pack deck that overlooks the backyard. The property also includes a shed in the backyard.

Last Listed By

Joshua Parker

The HomeStore License #362796 Listed on: 11/24/2021

The HomeStore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,975

Year Built

  • Built in 1966

Lot Details

  • 0.89 Acre Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,581 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Den

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in Mud Room
  • Laundry Room

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Willow Springs Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,975

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Co List Office: HOST01
  • Financing Type: FHA
  • Levels: One
  • Lot Size Acres: .89
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1581
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven (Wall)
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1581
  • Above Grade Finished Sq Ft: 1581
  • Interior Amenities: Tile Bath, Master On Main Level
  • Full Bathrooms: 2
  • Flooring: Hardwood, Tile
  • Price Per Square Foot: 181.846

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling: Central Air
  • Heating: Central, Other
  • Laundry Features: In Mud Room
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1974.52

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Mar 1, 2022
Sold by
Wood Joann
Bought by
Eason Molly E and Bradford Daniel
Seller's Agent
Joshua Parker
The HomeStore
Buyer's Agent
Allison Middlebrooks
American Realty Professionals
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
$300,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,910
Avg. Annual Appreciation
3.40%
Original Mortgage
$9,450
Outstanding Balance
$8,887
Interest Rate
3.69%
Mortgage Type
Cash
Estimated Equity
$292,023

Purchase Details

Closed on
Jul 12, 1988
Bought by
Wood Rodney Bruce

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 Buyer Sale Price Title Company
Eason Molly E $270,000 --
Wood Rodney Bruce $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eason Molly E $9,450
Open Eason Molly E $265,109
Previous Owner Wood Rodney S $23,897
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $270,000 -6.1% $171 / Sq Ft
01/31/2022 01/31/22 Price Changed $287,500 -2.5% $182 / Sq Ft
01/27/2022 01/27/22 For Sale $295,000 0.0% $187 / Sq Ft
01/08/2022 01/08/22 For Sale $295,000 0.0% $187 / Sq Ft
12/27/2021 12/27/21 Price Changed $295,000 -9.2% $187 / Sq Ft
11/24/2021 11/24/21 For Sale $325,000 -- $206 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
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 $3,385 $106,660 $19,800 $86,860
2023 $2,800 $103,500 $19,800 $83,700
2022 $2,696 $90,140 $15,400 $74,740
2021 $1,697 $50,660 $12,320 $38,340
2020 $1,711 $49,580 $11,880 $37,700
2019 $1,351 $36,340 $6,600 $29,740
2018 $1,316 $36,340 $6,600 $29,740
2017 $1,523 $36,340 $6,600 $29,740
2016 $1,252 $32,380 $6,600 $25,780
2015 $1,227 $31,220 $6,600 $24,620
2014 $1,294 $31,920 $6,600 $25,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20002969

Georgia MLS

APN: M024000000132000