tomo logo

$325,000

Beds
3
Baths
2.0
sq ft
1,454

1022 S Madison Ave, Monroe, GA 30655

1022 S Madison Ave

Monroe, GA 30655

  • Pending
Charming 3-Bedroom / 2 bath 1950's Bungalow on .4 Acre Lot Just Minutes from Downtown Monroe! You can walk or ride your golf cart (store in your one-car attached garage) to the new Town Green, where summer concerts and the magical Christmas parade in December await. Homes on this street rarely come up for sale, thanks to its incredible walkability to all that Downtown Monroe has to offer perfect for making cherished memories with family and friends! Key Features: ~Classic Bungalow Charm: This inviting bungalow features an open floor plan that seamlessly connects the living room w masonry fireplace and kitchen, ideal for entertaining and family gatherings. ~Modern Kitchen: Enjoy a well-appointed kitchen with stainless steel appliances & ample cabinetry. ~Comfortable Bedrooms: Relax in three cozy bedrooms, with the master suite offering an en-suite bath for added convenience. ~Convenient Laundry Location: The dedicated laundry closet off kitchen makes it easy to transition from cooking dinner to washing clothes. ~Fenced Backyard: Let your pets run and play freely in the spacious, privacy-fenced backyard, perfect for outdoor fun and relaxation. The large .4 acre lot offers plenty of room for gardening, play, or future expansion. The back deck is a lovely spot for morning coffee or evening barbecues. ~Prime Location: Experience the charm of Monroe, where shopping and dining downtown are straight out of a Hallmark movie! With community events and gatherings just a short stroll away, you'll love the vibrant lifestyle this area offers. Felker Park is also just across the street! Don't miss your chance to make this enchanting bungalow your new home! Schedule a showing today and get ready to embrace the Monroe dream!

Details

Property type

Single Family Residence

Est. home value

$333,997

Property condition

Updated/Remodeled

Lot size

0.37 acres

Price per sq ft

$224

Year built

1952

Annual property taxes

$3,050

HOA

No

Price History

03/12/2025
FMLS

FMLS #7539580

Pending
$325,000
-2.11%
03/06/2025
FMLS

FMLS #7508610

Removed
$332,000
02/24/2025
FMLS

FMLS #7508610

Price change
$332,000
-0.15%

Schools & Community

Elementary school: 

Harmony - Walton

Middle school: 

Carver

High school: 

Monroe Area

Community features: 

Sidewalks, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$4,636
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$303,636
Cash to seller
-$4,636

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vanderbilt Mortgage

Loan start date

April 2022

Original loan amount

$321,212

Est. remaining balance

$303,636

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Madelyn D Holloway

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 04/07/2025 at 10:05 AM

Listing updated: 03/13/2025 at 8:06 AM

Listed by: Andrea Malcom Campbell, Malcom and Malcom Realty Prof, LLC. Phone #: (770) 267-0092

MLS: FMLS #7539580

FMLS logo

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