NOT LISTED FOR SALE

511 S Madison Ave Monroe, GA 30655

Estimated Value: $362,000 - $418,103

3 Beds
2.5 Baths
-- Sq Ft
1,307 Sq Ft Lot

Last Sold March 03, 2023

Last sale price $375,000

Est. 8% increase in value since last sale

Current estimated payment $2,632/month

269 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • Central Air
  • Wood Flooring
  • Screened Porch
  • 4-minute walk to Monroe Town Green

About This Home

As of March 2023

This Historic 1920's home has been completely updated. Located Downtown Monroe this house is just blocks away from restaurants and shops. Truly everything you need is just a few blocks away from this newly renovated home. All the mechanicals in this house have been switched to meet today's codes. A classic wraparound front porch greets you and shows off its beautiful hand carved front door. The floorplan has been completely reworked to provide more of an open feel along with a traditional bedroom style. The master suite has double closets and a private master Bathroom. The Master Bathroom has a double vanity, custom cabinets and a large tile shower. The secondary bedroom has a shared Jack and Jill bathroom. There is a half bath for guests. The kitchen was moved to provide better function to the property. The kitchen has its own entry door that leads from the parking area. The kitchen steals the show in this house with two tone custom cabinetry, Stainless steel appliances, gold fixture and pulls and a beautiful tile floor. Upgrades on this house include new windows, new hardwood floor, top of the line trim package, glass doorknobs, upgraded granite and lighting fixtures. Although the inside of the house is like new it still has a feel and charm of its era.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1920

Lot Details

  • 1,307

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Screened Porch
  • Crawl Space

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number M0170-108

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

Year Built

Built in 1920

Lot Details

0

Listing Details

  • GarageYN: No
  • Inclusions: Ceiling Fans
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • Subdivision Name: No Recorded Subdivision
  • Reso Flooring: Carpet, Tile, Wood
  • Reso Interior Features: Ceiling Fan(s), Cathedral Ceiling(s)
  • Tax Year: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Acres: 0.03
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Schools

  • Middle Or Junior School: Carver Middle

Lot Info

  • Lot Size Area: 0.03
  • Parcel Number: M0170-108
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 788.0

MLS Schools

  • Elementary School: Harmony Elementary
  • HighSchool: Monroe Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2022
Closed on
Mar 3, 2023
Sold by
Jones Matthew
Bought by
Urquhart Timothy Michael and Mccullen Danielle Leigh
List Price
$439,900
Sold Price
$375,000
Premium/Discount to List
-$64,900
-14.75%
Views
8
Current Estimated Value
$406,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,492
Avg. Annual Appreciation
1.63%
Original Mortgage
$368,207
Outstanding Balance
$355,999
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$34,277

Purchase Details

Closed on
Sep 27, 2021
Sold by
Flack Patsy Perkins
Bought by
Jones Matthew

Purchase Details

Closed on
Mar 19, 2021
Sold by
Perkins Evelyn H
Bought by
Flack Patsy Perkins
Source: Public Records

Range of Values:

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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
Urquhart Timothy Michael $375,000 --
Jones Matthew $100,000 --
Flack Patsy Perkins -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urquhart Timothy Michael $368,207
Previous Owner Jones Matthew $182,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $375,000 -14.8% --
02/01/2023 02/01/23 Pending -- -- --
05/08/2022 05/08/22 For Sale $439,900 -- --
Source: Savannah Multi-List Corporation

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 $5,008 $168,080 $12,000 $156,080
2023 $5,165 $147,720 $12,000 $135,720
2022 $1,494 $40,640 $12,000 $28,640
2021 $787 $20,360 $6,400 $13,960
2020 $654 $16,480 $4,800 $11,680
2019 $635 $15,080 $4,000 $11,080
2018 $594 $15,080 $4,000 $11,080
2017 $530 $12,640 $3,400 $9,240
2016 $488 $11,840 $3,400 $8,440
2015 $446 $10,640 $3,400 $7,240
2014 $460 $10,640 $0 $0
Source: Public Records

Map

Source: Savannah Multi-List Corporation

MLS Number: CM988206

Savannah Multi-List Corporation

APN: M017000000108000