ATTENTION INVESTORS: Exceptional opportunity to add a solid performer to your rental portfolio. This 3-bed, 2-bath ranch features a functional 1,300 sqft layout and sits on a manageable 0.31-acre lot. With an estimated Rent Zestimate of $1,740/mo, the numbers speak for themselves. The property is being sold as-is to streamline your acquisition. Viewing is available only once under contract. Do not disturb occupants.
Single-familyProperty Type
1990Year Built
0.31 acresLot Size
$97Price/Sq.Ft.
2 spacesParking
Listed by Tim Dabney• Keller Williams Premier
Contact: 678-487-1600
Bought with NON-MLS NMLS• Non FMLS Member
Source:FMLS #7772382
Redfin Estimate
$195,479
$95K since sold in August 2026$19K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 32.6% lower than the average sale price ($290K) of 6 comparable homes.
Est. $1,764 per month, based on comparable rentals
Sale and tax history for 408 Reed Way
Sale History
Tax History
Date
Event
Price
FMLS #7772382
Aug 5, 2026
Pending
—
Aug 5, 2026
Sold
$100,000
$97/sq ft
Jun 18, 2026
Relisted
—
Jun 15, 2026
Contingent
—
May 18, 2026
Listed
$225,000
$218/sq ft
GAMLS #10766589
Aug 5, 2026
Contingent
—
Aug 5, 2026
Sold
$100,000
$97/sq ft
Jun 18, 2026
Relisted
—
Jun 15, 2026
Contingent
—
May 18, 2026
Listed
$225,000
$218/sq ft
INVESTOR SPECIAL: 3BR/2BA single-family home in Monroe. Built in 1990 on a level 0.31-acre lot. Strong rental history and neighborhood comps approaching $300k. Property sold as-is, where-is. No showings until binding contract. Drive-by only; please respect resident privacy.
Year
Property tax
Land + Additions
Assessment*
2025
$1,953 (+11.3%)
$18,000 + $68,520
$86,520
2024
$1,755 (+42.9%)
$18,000 + $68,520
$86,520
2023
$1,228 (+13.5%)
$14,000 + $62,720
$76,720
2022
$1,082 (+6.6%)
$14,000 + $60,360
$74,360
2021
$1,015 (+8.1%)
$7,600 + $35,800
$43,400
2020
$938 (+33.4%)
$7,600 + $28,200
$35,800
2019
$704 (+8.1%)
$7,600 + $28,200
$35,800
2018
$651 (−1.6%)
$4,800 + $21,400
$26,200
2017
$661 (−10.6%)
$4,800 + $21,400
$26,200
2016
$740 (+78.3%)
$4,800 + $21,400
$26,200
2015
$415 (−19.1%)
$4,000 + $17,960
$21,960
2014
$513 (+102.5%)
$4,000 + $10,720
$14,720
2013
$253 (+96.3%)
$4,000 + $10,759
$14,759
2012
$129 (−20.3%)
$4,000 + $10,759
$14,759
2011
$162 (−73.6%)
$4,000 + $14,554
$18,554
2010
$614 (−24.3%)
$4,000 + $17,951
$21,951
2009
$811 (+28.8%)
$7,200 + $21,940
$29,140
2008
$630
$7,200 + $25,188
$32,388
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
2006
Sq. Ft.
1,032
Year built
1990
Style
Single Family Residential
County
Walton County
APN
NM06B041
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R-1A
Medium Lot Residential District
To provide for areas of medium density, detached, single-family residential uses; to recognize and protect the moderate lot size, street grid based and highly pedestrian character of the city’s turn-of-the-century neighborhoods and subdivisions; to reinforce the traditional residential development pattern characteristic of the historic areas of the city; to permit compatible accessory uses which normally complement balanced and attractive residential uses; to stabilize and protect owner-occupied housing and encourage a suitable environment for family life; and, to protect moderate density, single family residential areas from encroachment of higher density residential and incompatible non-residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Other
Infrastructure
Bed & breakfast
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
# of Total Parking: 2
Parking Features: Driveway
Open Parking: Yes
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
# of Main Level Bathrooms: 2
Master Bathroom Features: None
Bedroom Information
# of Main Level Bedrooms: 3
Bedroom Features: Master on Main
Interior Features
Interior Features: Other
Common Walls: No Common Walls
Appliances: Other
Flooring: Vinyl
Room Information
LaundryFeatures: In Kitchen
Kitchen Features: None
Dining Room Features: None
Room Type: Other
Exterior
Property Information
Levels: One
Above Grade Finished Area: 1,300
Construction Materials: Vinyl Siding
Exterior Features: Private Entrance, Private Yard, Other
Roof: Composition
Patio And Porch Features: Patio
Property Condition: Fixer
Foundation Details: Slab
Lot Information
TaxLegalDescription: #41A REED MANOR .31AC
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Cooling: Central Air
Heating: Electric
Water Source: Public
Electric: Other
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Location
School Information
Elementary School: Atha Road
Middle Or Junior School: Youth
High School: Walnut Grove
Location Information
Directions: Location is GPS-friendly.
Road Surface Type: Asphalt
Road Frontage Type: City Street
Walton - GA
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,032
Stories: 1.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 1990
Year Renovated: 2006
County: Walton County
APN: NM06B041
Home facts updated by county records on Jul 15, 2026
Around this home
18/100 Car-Dependent24/100 Somewhat bikeable
Schools
Places
Transit
Atha Road Elementary School
Public PreK-5 • Assigned • 3.1mi
8/10
Youth Middle School
Public 6-8 • Assigned • 7.1mi
7/10
Walnut Grove High School
Public 9-12 • Assigned • 8.5mi
6/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
5/10 Wind Factor
25% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Monroe, GA • 30655
Average low and high temperatures (°F)
51
31
61
39
71
46
77
53
78
61
86
68
91
72
86
68
82
64
74
52
66
46
57
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$186,000 – $225,000
Sell confidently with a local market expert in Monroe.