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
$209,457
$109K since sold in August 2026$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26% lower than the average sale price ($283K) of 6 comparable homes.
Est. $1,770 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 Sep 11, 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 Sep 11, 2026
Around this home
Schools
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
73
82
68
83
63
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
This home receives average direct sun exposure in Monroe. 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
$199,000 – $241,000
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