NOT LISTED FOR SALE

508 Chestnut Ln Monroe, GA 30655

Estimated Value: $229,000 - $278,000

3 Beds
2 Baths
1,204 Sq Ft
$215/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $70,000 $58 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $1,681/month

40 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Cooling Available
  • No HOA
  • 1 Car Attached Garage
  • Laundry closet

About This Home

As of September 2018

Stepless Ranch on level lot in small neighborhood. Low maintenance 4 sided brick home features, family room, open kitchen with breakfast bar. Split bedroom plan with 3 bedrooms and 2 full baths. Fixer Upper in small neighborhood. Great investment property! Great Investment Opportunity!

Last Agent to Sell the Property

Kimberly Lanthier Harkey

Heritage Realty & Associates License #242443 Listed on: 06/19/2018

Last Buyer's Agent

Non Member

ATHENS AREA ASSOCIATION OF REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $783

Year Built

  • Built in 1988

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Laundry closet

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number NM24A010

Home Details

Home Type

Single Family

Est. Annual Taxes

$783

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Directions: Hwy 78 to Unisia Dr Right on Hwy 83/Church St, Right on Chestnut Dr Home left.
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.24
  • Ownership: Bank Owned,Foreclosure
  • Subdivision Name: Metes & Bounds
  • Above Grade Finished Sq Ft: 1204.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Cable TV, Window Treatments, Bedroom on Main Level, Main Level Primary, Primary Suite
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1204.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Deck, Porch
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Porch

Garage/Parking

  • Parking Features: Attached, Garage, Parking Available
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Laundry Closet
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Parcel #: NM24A010
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2017
  • Tax Annual Amount: 783.0

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Sep 26, 2018
Sold by
Wells Fargo Bank Na
Bought by
Gravette Interest Llc
Seller's Agent
Kimberly Lanthier Harkey
Heritage Realty & Associates
Buyer's Agent
Non Member
ATHENS AREA ASSOCIATION OF REALTORS
List Price
$106,000
Sold Price
$70,000
Premium/Discount to List
-$36,000
-33.96%
Total Days on Market
40
Current Estimated Value
$258,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,748
Avg. Annual Appreciation
21.49%
Original Mortgage
$73,595
Outstanding Balance
$45,543
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$215,445

Purchase Details

Closed on
Mar 6, 2018
Sold by
Odum Cedric T
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 9, 2005
Sold by
Steele Tony M and Steele Gwendolyn
Bought by
Odum Cedric T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.86%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 31, 1988
Bought by
Steele Tony M
Source: Public Records

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Range of Values:

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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
Gravette Interest Llc $70,000 --
Wells Fargo Bank Na -- --
Odum Cedric T $75,000 --
Steele Tony M $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $73,595
Previous Owner Odum Cedric T $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $70,000 -34.0% $58 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $106,000 -- $88 / Sq Ft
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

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 $2,812 $82,600 $18,000 $64,600
2023 $2,555 $73,080 $15,200 $57,880
2022 $1,807 $48,400 $11,200 $37,200
2021 $1,252 $32,400 $6,000 $26,400
2020 $1,261 $31,800 $6,000 $25,800
2019 $1,060 $23,000 $4,000 $19,000
2018 $906 $23,000 $4,000 $19,000
2017 $821 $19,600 $4,000 $15,600
2016 $701 $17,000 $4,000 $13,000
2015 $713 $17,000 $4,000 $13,000
2014 $737 $17,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 963246

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: NM24A00000010000