tomo logo

$339,000

Beds
3
Baths
2.0
sq ft
1,454

1022 S Madison Ave, Monroe, GA 30655

1022 S Madison Ave

Monroe, GA 30655

  • 25 days on market
    • Price drop $900↓
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

Lot size

0.37 acres

Price per sq ft

$234

Year built

1952

Annual property taxes

$3,050

HOA

No

Price History

11/15/2024
FMLS

FMLS #7478191

Price change
$339,000
-0.26%
11/06/2024
FMLS

FMLS #7478191

Price change
$339,900
-2.61%
10/28/2024
FMLS

FMLS #7478191

Listed
$349,000

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

$5,611
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$306,269
Cash to seller
$5,611

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

$306,269

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?

Similar Homes Nearby

GeorgiaMLS
$369,500
3 bd
|
2 ba
|
1,608 sq ft
|
House

862 Twin Oaks Dr, Monroe, GA 30655

Price drop
GeorgiaMLS
$360,000
3 bd
|
2 ba
|
1,682 sq ft
|
House

618 Wellington Dr, Monroe, GA 30655

Price drop
FMLS
$317,900
3 bd
|
2 ba
|
1,154 sq ft
|
House

312 Mobley Cir, Monroe, GA 30655

Status: Active

Tomo last checked: 11/22/2024 at 3:55 PM

Listing updated: 11/15/2024 at 6:15 PM

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

MLS: FMLS #7478191

FMLS logo

Recently listed in Monroe

$305,000|3 bd|1.0 ba|House
$340,000|3 bd|2.0 ba|House
$259,999|2 bd|1.5 ba|House
$624,900|4 bd|3.5 ba|House
$495,000|3 bd|2.0 ba|House
$394,900|3 bd|2.0 ba|House
$349,500|3 bd|2.0 ba|House
$369,500|3 bd|2.0 ba|House