4 months on rocket

Sale Pending

1482 Waverly Way, Monroe, GA, 30656

$2,150,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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1482 Waverly Way, Monroe$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingPaved, Parking Lot
Year Built1973
HeatingCentral, Electric
CoolingCentral Air
WaterfrontNone
ViewOther
MLS #7395175
Lot Size2.00 Acres
StatusSale Pending
(Pending)

About 1482 Waverly Way

This well-maintained 16-unit property, just minutes from downtown Monroe, presents a lucrative investment opportunity. It comprises 12 two-bedroom, one-bath units with market rent values at $1,300 each and 4 one-bedroom, one-bath units with market rent values at $1,100 each, potentially generating a total annual rental income of $240,000. Recent updates include new roofs, HVAC units, tankless water heaters, flooring, and windows, ensuring low maintenance costs. Each building features washer/dryer connections, and there are additional storage units available for rent, providing potential for extra income. The property's prime location is convenient to Walton Piedmont Hospital, making it ideal for traveling nurses, and is close to the Facebook Data Center, Athens, Loganville, and within a 45-minute drive to Atlanta. This combination of updated amenities and strategic location makes the property highly attractive to tenants, ensuring consistent occupancy and strong revenue potential.

Property Details

Property Features

Property Information:

  • Year Built: 1973

Listing Office:

  • Office Name: Compass
  • Office Phone: (404) 668-6621
  • Listing Agent: Aziz Izmour

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other

Parking Information:

  • Attached Garage: No
  • Parking: Paved, Parking Lot

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Monroe Area High School, Public District Grades 9-12
  • Carver Middle School, Public District Grades 6-8
  • Walker Park Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS friendly.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000

Tax Information:

  • Annual Amount: $2,627
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Monroe, GA.

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Monroe, GA

City

Med. Sold Price

$395K

Med. Price/SqFt

$186

Avg. Days On Market

37

# of Sold Homes

53

1482 Waverly Way vs Monroe

120 DAYS ON ROCKET

+83 Days

$2,150,000

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price in Monroe, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7395175

Listing Office:

  • Office Name: Compass
  • Office Phone: (404) 668-6621
  • Listing Agent: Aziz Izmour

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/28/2024, 8:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 05, 2019Home Sold
$838,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,627$41,736
2018$1,330$39,776
2017$1,346$40,456

History based on county public records data.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1212567
6
/10

  • Walker Park Elementary School

  • 333 Carl Davis Rd NW

  • 4.10 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1212568
4
/10

  • Carver Middle School

  • 1095 Good Hope Rd

  • 3.76 miles

  • Public District Grades 6-8

High School

school-card-donut-1212569
6
/10

  • Monroe Area High School

  • 300 Double Spgs Ch Rd SW

  • 0.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,402. Most Monroe, GA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1482 Waverly Way

What is the listing price of this property?

The listing price of 1482 Waverly Way property is $2,150,000.

What type of property is this?

The property 1482 Waverly Way is a house located in Monroe, Georgia, 30656.

Is this property for sale now?

Sale Pending: 1482 Waverly Way is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1482 Waverly Way are:
Walker Park Elementary School: GreatSchools Rating 6/10
Carver Middle School: GreatSchools Rating 4/10
Monroe Area High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,627 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 5, 2019 for $838,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1482 Waverly Way is 1973.

Rocket Homes›Georgia›Walton County›Monroe›30656›1482 Waverly Way

This home is located at 1482 Waverly Way in Monroe, GA and zip code 30656. This home, which was built in 1973, sits on a 2.00 acre lot. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $2,150,000.

In August 2024, from all listings sold in Monroe, GA there were more than 12 sold above asking price, over 25 sold below and more than 12 were sold right at the asked price. Between July 2024 and August 2024, Monroe, GA real estate market has seen decrease in the number of listings by 0.6%. While the average time on the market in August 2024 was 37 days, the median list price was $395,000.

From Rocket Homes Real Estate and based on county public records data.

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