NOT LISTED FOR SALE

515 Launius Ave Monroe, GA 30655

Estimated Value: $231,000 - $356,000

-- Bed
1 Bath
1,102 Sq Ft
$271/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $257,500 $234 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,862/month

37 Days on Market

Highlights

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

About This Home

As of January 2023

This three bed and two bath home is perfect for just about anyone. It is spacious, all newly renovated and would make a great home for first time home buyers. It is located to downtown, with in walking distance. Several big box stores and close to Hwy 316 for work travel. The home sits on a quite street and last house on the block, so good for anyone with children.

Last Agent to Sell the Property

Susan Spellmann

iHome Realty License #229104 Listed on: 11/20/2022

Last Buyer's Agent

Kerri Spinks

Virtual Properties Realty.com License #368024

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $649

Year Built

  • Built in 1920

Lot Details

  • 0.3

Parking

  • Parking Pad

Home Design

  • House
  • Slab Foundation
  • Wood Siding

Schools

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

Additional Features

  • 1-Story Property
  • 0.3 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for cable TV, electricity, garbage, gas, sewer, water
  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$649

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 01
  • Year Built: 1920
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .30
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 880000

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: None, Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

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

Lot Info

  • Land Lot: 6
  • Lot: 6
  • Deed Book: 5088
  • Deed Page: 341

Rental Info

  • Owner Pays: Cable TV, Electricity, Garbage, Gas, Sewer, Water

Tax Info

  • Year: 2021
  • Tax Annual Amount: 649

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2022
Closed on
Jan 25, 2023
Sold by
Spellmann Earl
Bought by
Glenn Ridge Lee and Emery Sydney
Seller's Agent
Susan Spellmann
iHome Realty
Buyer's Agent
Kerri Spinks
Virtual Properties Realty.com
List Price
$264,000
Sold Price
$257,500
Premium/Discount to List
-$6,500
-2.46%
Views
115
Current Estimated Value
$299,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,559
Avg. Annual Appreciation
5.61%
Original Mortgage
$260,101
Outstanding Balance
$251,911
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$47,148

Purchase Details

Listed on
Dec 5, 2021
Closed on
Feb 28, 2022
Sold by
Feel Like Home Realty Investors Grp
Bought by
Spellmann Earl
Seller's Agent
DEIDRE BOYKINS
Keller Williams Realty Atl. Partners
Buyer's Agent
Susan Spellmann
iHome Realty
List Price
$98,900
Sold Price
$70,000
Premium/Discount to List
-$28,900
-29.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
318.43%

Purchase Details

Listed on
Feb 25, 2020
Closed on
Apr 7, 2020
Sold by
Sorrow Garron R
Bought by
Feel Like Home Realty Investors Grp Llc
Seller's Agent
Amy Denson
Southern Classic Realtors
Buyer's Agent
Marsha Harrell
Joe Stockdale Real Estate, LLC
List Price
$45,000
Sold Price
$42,000
Premium/Discount to List
-$3,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.85%

Purchase Details

Closed on
Apr 20, 2007
Sold by
Clark Frances A
Bought by
Grs Sales Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2007
Sold by
Clark Sidney
Bought by
Clark Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
6.1%
Mortgage Type
New Conventional
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
Glenn Ridge Lee $257,500 --
Spellmann Earl $70,000 --
Feel Like Home Realty Investors Grp Llc $42,000 --
Grs Sales Inc $58,000 --
Clark Frances A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glenn Ridge Lee $260,101
Previous Owner Grs Sales Inc $52,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2023 01/25/23 Sold $257,500 -2.5% $234 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
11/20/2022 11/20/22 For Sale $264,000 +277.1% $240 / Sq Ft
02/28/2022 02/28/22 Sold $70,000 -29.2% $64 / Sq Ft View Prior Sale
01/29/2022 01/29/22 For Sale $98,900 +41.3% $90 / Sq Ft
01/25/2022 01/25/22 Off Market $70,000 -- --
01/19/2022 01/19/22 For Sale $98,900 0.0% $90 / Sq Ft
12/27/2021 12/27/21 Price Changed $98,900 -10.1% $90 / Sq Ft
12/15/2021 12/15/21 Price Changed $110,000 -8.3% $100 / Sq Ft
12/05/2021 12/05/21 For Sale $120,000 +185.7% $109 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
04/07/2020 04/07/20 Sold $42,000 -6.7% $38 / Sq Ft View Prior Sale
03/09/2020 03/09/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $45,000 -- $41 / Sq Ft
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 $3,373 $105,200 $14,800 $90,400
2023 $3,328 $97,320 $12,000 $85,320
2022 $1,191 $31,880 $12,000 $19,880
2021 $649 $20,560 $6,000 $14,560
2020 $644 $16,240 $3,000 $13,240
2019 $494 $12,040 $3,000 $9,040
2018 $474 $12,040 $3,000 $9,040
2017 $488 $11,640 $3,000 $8,640
2016 $434 $10,520 $3,000 $7,520
2015 $356 $8,480 $3,000 $5,480
2014 $377 $8,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10111392

Georgia MLS

APN: M006000000163000