Residential lot zoned R1-A located in city limits of Monroe in older established neighborhood. Old pink house on property for tear down, or if you have handyman skills you can fix it up. Perfect opportunity for an investor looking for a rehab job or buy/hold until later date. Property could bring potential rental income easily. If you enter home be cautious, enter through back door. Property sold as-is, no disclosure. See avail docs in doc folder. Submit offer using GAR form, submit proof of funds and copy of earnest. Addt'l offer instructions in private remarks.
Vacant landProperty Type
0.54 acresLot Size
$360,815Price/Acres
Listed by Anita Robertson Peters• Peters Realty Professionals
Bought with Joshua Parker• Peters Realty Professionals
Source:FMLS #5506270
Redfin Estimate
$194,840
$185K since sold in May 2016$3,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26.6% lower than the average sale price ($266K) of 6 comparable homes.
Residential lot zoned R1-A located in city limits of Monroe in older established neighborhood. Old pink house on property for tear down, or if you have handyman skills you can fix it up. Perfect opportunity for an investor looking for a rehab job or buy/hold until later date. Property could bring potential rental income easily. If you enter home be cautious, enter through back door. Property sold as-is, no disclosure. See avail docs in doc folder. Submit offer using GAR form, submit proof of funds and copy of earnest. Addt'l offer instructions in private remarks.
FMLS #5506270
May 25, 2016
Price Changed
$9,500
May 18, 2016
Price Changed
$20,000
May 18, 2016
Sold
$9,500
Apr 28, 2016
Contingent
—
Mar 7, 2015
Listed
$20,000
Year
Property tax
Land + Additions
Assessment*
2023
$1,512 (−6.4%)
$12,000 + $31,240
$43,240
2022
$1,615 (+61.9%)
$12,000 + $31,240
$43,240
2021
$997
$12,000 + $31,240
$43,240
2020
$998 (+19.1%)
$3,000 + $22,160
$25,160
2019
$838 (+107.0%)
$3,000 + $22,160
$25,160
2018
$405 (−1.4%)
$3,000 + $7,280
$10,280
2017
$410 (+22.9%)
$3,000 + $7,280
$10,280
2016
$334 (+21.9%)
$3,000 + $7,280
$10,280
2015
$274 (+4.2%)
$3,000 + $5,120
$8,120
2014
$263 (−21.2%)
$3,000 + $4,560
$7,560
2013
$334 (+1.9%)
$3,000 + $4,580
$7,580
2012
$328 (−4.2%)
$3,000 + $4,580
$7,580
2011
$342 (+5.0%)
$3,000 + $7,309
$10,309
2010
$326 (−19.8%)
$3,000 + $7,309
$10,309
2009
$406 (−6.0%)
$4,000 + $9,136
$13,136
2008
$432
$4,000 + $10,489
$14,489
Tax history for 516 Marable Ln
Year
Property tax
Land + Additions
Assessment*
2023
$1,512 (−6.4%)
$12,000 + $31,240
$43,240
2022
$1,615 (+61.9%)
$12,000 + $31,240
$43,240
2021
$997
$12,000 + $31,240
$43,240
2020
$998 (+19.1%)
$3,000 + $22,160
$25,160
2019
$838 (+107.0%)
$3,000 + $22,160
$25,160
2018
$405 (−1.4%)
$3,000 + $7,280
$10,280
2017
$410 (+22.9%)
$3,000 + $7,280
$10,280
2016
$334 (+21.9%)
$3,000 + $7,280
$10,280
2015
$274 (+4.2%)
$3,000 + $5,120
$8,120
2014
$263 (−21.2%)
$3,000 + $4,560
$7,560
2013
$334 (+1.9%)
$3,000 + $4,580
$7,580
2012
$328 (−4.2%)
$3,000 + $4,580
$7,580
2011
$342 (+5.0%)
$3,000 + $7,309
$10,309
2010
$326 (−19.8%)
$3,000 + $7,309
$10,309
2009
$406 (−6.0%)
$4,000 + $9,136
$13,136
2008
$432
$4,000 + $10,489
$14,489
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.54 Acres
Year renovated
2005
Sq. Ft.
952
Year built
1952
Style
Single Family Residential
County
Walton County
APN
M0110126
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 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
Exterior
Land Information
Vegetation: Other
Lot Information
Waterfrontage Length: 0
Financial
Financial Information
Buyer Financing: Other
Utilities
Utility Information
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Location
HOA Information
Association Fee Frequency: Annually
School Information
Elementary School: Monroe
Middle Or Junior School: Carver
High School: Monroe Area
Location Information
Directions: From Loganville, take Hwy 78 East to Monroe/Winder Exit. Make right off ramp; Make left at the light onto Marable St. for approx 1 mile. Go under the underpass and hang a sharp left onto Roosevelt Street then another immediate left onto Marable Lane. Signs are on the property.
Road Surface Type: Paved
Walton
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 952
Stories: 1.0
Lot Size: 0.54 acres
Style: Single Family Residential
Year Built: 1952
Year Renovated: 2005
County: Walton County
APN: M0110126
Home facts updated by county records on Oct 12, 2026
Around this home
Schools
Monroe Elementary School
Public PreK-5 • Assigned • 1.9mi
5/10
Carver Middle School
Public 6-8 • Assigned • 2.0mi
6/10
Monroe Area High School
Public 9-12 • Assigned • 1.8mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
27% 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 • 30656
Average low and high temperatures (°F)
50
32
60
39
70
46
77
53
78
60
86
68
91
72
82
67
82
63
71
52
66
46
56
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$186,000 – $225,000
Sell confidently with a local market expert in Monroe. 3 minutes to get started.