NOT LISTED FOR SALE

507 N Broad St Monroe, GA 30655

Estimated Value: $212,000 - $309,000

0.63 Acre
$398,763 Price per Acre
27,443 Sq Ft Lot

Sale Details

Date Sold: June 1, 2023

Last sale price $167,000 $135 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,556 / mo

200 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • Level Lot

About This Lot

As of June 2023

Possible assemblage with 511 N Broad St. that is 1.07 acres. (GAMLS # 20057296) Opportunity Zone Development Opportunity .63 acres located on the heavily traveled Broad Street corridor into Downtown Monroe. This is an area identified as an Opportunity Zone by the Department of Community Affairs which can provide substantial tax benefits to a project and developer that meets the project guidelines. The site lays very flat and has no trees which will aid in keeping clearing costs more affordable. The current zoning is B3 (Highway Business District.) The property contains an existing home that is usable as an office or possibly a residential rental. The home is usable but is in need of repair, no central HVAC etc. Buyer to do due diligence.

Last Agent to Sell the Property

Chad Draper

The Eulalia Group Real Estate License #241037 Listed on: 09/26/2022

Last Buyer's Agent

Sarah Sturgill

Solace Realty License #307442

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $287

Lot Details

  • 27,443 Sq Ft Lot
  • Level Lot

Location

  • City Lot

Schools

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

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$287

Lot Details

0.63 Acres

Listing Details

  • Property Type: Land
  • Financing Type: Conventional
  • Lot Size Acres: .63
  • Property Sub-Type: Residential Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, City Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

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

Tax Info

  • Year: 2020
  • Tax Annual Amount: 287

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
Sep 26, 2022
Closed on
Jun 2, 2023
Sold by
Bought by
Seller's Agent
Chad Draper
The Eulalia Group Real Estate
Buyer's Agent
Sarah Sturgill
Solace Realty
List Price
$200,000
Sold Price
$167,000
Premium/Discount to List
-$33,000
-16.5%
Views
275
Current Estimated Value
$251,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,221
Avg. Annual Appreciation
14.33%
Original Mortgage
$100,000
Interest Rate
6.39%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Dec 28, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2020
Sold by
Bought by
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

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
-- --
-- --
-- --
-- --
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
Closed $100,000
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
06/01/2023 06/01/23 Sold $167,000 -16.5% $135 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
10/07/2022 10/07/22 For Sale $200,000 0.0% $162 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $200,000 -- $162 / Sq Ft
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 $2,418 $68,728 $31,480 $37,248
2024 $2,078 $61,048 $24,840 $36,208
2023 $2,088 $59,728 $24,840 $34,888
2022 $1,170 $31,328 $24,840 $6,488
2021 $696 $18,008 $12,120 $5,888
2020 $281 $17,888 $12,120 $5,768
2019 $286 $17,968 $12,120 $5,848
2018 $279 $17,968 $12,120 $5,848
2017 $753 $17,968 $12,120 $5,848
2016 $285 $17,248 $12,120 $5,128
2015 $288 $17,248 $12,120 $5,128
2014 $310 $17,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Draper

    Seller's Agent in 2023

    Chad Draper

    The Eulalia Group Real Estate

    (678) 858-9253

    15 in this area

    59 Total Sales

    Chad Draper
    Section Image
  • Sarah Sturgill

    Buyer's Agent in 2023

    Sarah Sturgill

    Solace Realty

    (678) 457-3954

    19 in this area

    81 Total Sales

    Sarah Sturgill
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20076067

Georgia MLS

APN: M012000000013000

Georgia Walton County Monroe 30655

507 N Broad St, Monroe, GA

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