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$339,000

Beds
3
Baths
2.0
sq ft
Unknown

1340 S Madison Ave, Monroe, GA 30655

1340 S Madison Ave

Monroe, GA 30655

  • 46 days on market
    • Price drop $10,000↓
Completely renovated in 2022, this stunning 1970s bungalow seamlessly blends timeless charm with modern convenience. From its original hardwood floors and custom tile shower to matching granite countertops and recessed lighting, every detail has been carefully curated to create a warm, inviting space. Recent upgrades include brand-new HVAC, electrical, plumbing, insulation, and roof, ensuring worry-free living for years to come. The fully fenced backyard is perfect for relaxation or entertaining, while the oversized detached garage, complete with power, offers endless possibilities as a workshop or additional storage. Ideally located within golf cart distance to downtown Monroe, you'll enjoy easy access to dining, boutiques, antiquing, and seasonal events. This move-in-ready gem is ready to welcome you home!

Details

Property type

Single Family Residence

Est. home value

$296,107

Lot size

0.60 acres

Price per sq ft

Unknown

Year built

1970

Annual property taxes

$3,905.68

Price History

12/10/2024
GeorgiaMLS

GeorgiaMLS #10418905

Price change
$339,000
-2.87%
11/07/2024
GeorgiaMLS

GeorgiaMLS #10418905

Listed
$349,000
+17.51%
11/01/2022
FMLS

FMLS #7052350

Sold
$297,000
+94.75%

Schools & Community

Elementary school: 

Harmony

Middle school: 

Carver

High school: 

Monroe Area

Community features: 

None

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

$22,704
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$289,176
Cash to seller
$22,704

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

Seller’s Loan History

Lender

Fbc Mortgage

Loan start date

November 2022

Original loan amount

$297,000

Est. remaining balance

$289,176

Interest rate

6.02%

Loan type

VA, 30 year

Seller

Brandon James Studdard

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: Active

Tomo last checked: 12/23/2024 at 3:30 AM

Listing updated: 12/13/2024 at 1:07 AM

Listed by: Winston White, Winston White Realty

MLS: GeorgiaMLS #10418905

GeorgiaMLS logo

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