tomo logo

$469,900

Beds
4
Baths
2.5
sq ft
1,746

319 S Madison Ave, Monroe, GA 30655

319 S Madison Ave

Monroe, GA 30655

  • 2 days on market
LIVE, WORK, DINE & PLAY in the heart of Downtown Monroe. Presenting The Overlook of Monroe, a rare downtown 4 Bedroom Townhome opportunity where concerts, festivals, vibrant shopping and dining are just outside your front door. These 4-sided Brick, stylish & modern new construction 2-story Townhomes are beautifully detailed with numerous upgrades. Discover the charm of this inviting, thoughtfully designed open concept that seamlessly blends the Living Room, Dining area, Bar Nook and Kitchen to create the ideal layout for entertaining. The large Foyer is inviting and includes two separate areas to design and create as you choose along with a Coat Closet and Powder Room. Relax in the Living Room around the Electric Fireplace with a Custom Built Mantle. The Kitchen is sure to impress with Quartz Countertops, Subway Tile Backsplash, Custom Built, Soft-Close Cabinets, a Barn-Style 1/2 Glass Pantry Door and Stainless Steel Appliances. There is Recessed Lighting throughout and Tile Flooring and Granite Countertops in all the Bathrooms. The Owner's Suite is conveniently located on the main floor and boasts a Full Bath with a Walk-in Tiled Shower with Rain Showerhead. There is also a Walk-in Primary Closet with Double Shelving. The upper level includes 3 additional Bedrooms with Double Shelving Closets, a Tiled Bathroom and a Tiled Laundry Room. There is also a large attic space for additional storage. These downtown Townhomes provide a low maintenance brick exterior with 3 separate covered areas to enjoy the outdoors including the Front Porch, an open-air Back Porch and oversized Balcony to entertain friends while overlooking the Town Green. Experience a lifestyle of comfort and convenience in these beautifully appointed townhomes. Total SF including Covered Porches is 2,016. Homes are currently under construction and scheduled for completion in October. Townhomes include 1 Year Builder Warranty. Additional Photos coming soon.

Details

Property type

Townhouse

Est. home value

$235,153

Property condition

New Construction

Lot size

2,222 sq ft

Price per sq ft

$270

Year built

2024

Monthly HOA fee

$29.17

Price History

09/17/2024
GeorgiaMLS

GeorgiaMLS #10379639

Listed
$469,900

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

$380,347
Asking price
$469,900
Closing costs (~8% of asking)
-$37,592
Est. remaining loan balance
-$51,961
Cash to seller
$380,347

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

Seller’s Loan History

Lender

Commercial Bank

Loan start date

October 2022

Original loan amount

$1,183,220

Est. remaining balance

$51,961

Interest rate

5.55%

Loan type

New Conventional, 2 year

Seller

Overlook Of Monroe Llc

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?

Status: Active

Tomo last checked: 09/19/2024 at 5:00 AM

Listing updated: 09/18/2024 at 11:31 AM

Listed by: Bruce Hendley, Hendley & Associates

MLS: GeorgiaMLS #10379639

GeorgiaMLS logo

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