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.
Active
$225,000
408 Reed Way, Monroe, GA 30655
3beds
1,032sqft
Single Family Residence, Residential
Built in 1990
0.31 Acres Lot
$221,800 Zestimate®
$218/sqft
$-- HOA
What's special
- 57 days |
- 609 |
- 23 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tim Dabney,
Keller Williams Premier 678-487-1600
Source: FMLS GA,MLS#: 7772382
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Other
Primary bedroom
- Features: Master on Main
- Level: Master on Main
Bedroom
- Features: Master on Main
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: None
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: In Kitchen
Features
- Other
- Flooring: Vinyl
- Windows: None
- Basement: None
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,032
- Total interior livable area: 1,032 sqft
- Finished area above ground: 1,300
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Private Yard, Other, No Dock
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.31 Acres
- Features: Back Yard
Details
- Additional structures: None
- Parcel number: NM06B00000041000
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1990
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Reed Manor
HOA
- Has HOA: No
Location
- Region: Monroe
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $191,800
- Annual tax amount: $1,953
- Date on market: 5/18/2026
- Cumulative days on market: 53 days
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$221,800
$211,000 - $233,000
$1,657/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $225,000+268.9%$218/sqft |
Source:  FMLS GA #7772382 Report a problem | ||
| 9/30/1997 | Sold | $61,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,755 -0.1% | $76,720 +3.2% |
| 2023 | $1,756 +62.4% | $74,360 +71.3% |
| 2022 | $1,082 +6.6% | $43,400 +10.3% |
| 2021 | $1,015 +8.5% | $39,360 +9.9% |
| 2020 | $935 +32% | $35,800 +29.1% |
| 2019 | $709 +7.2% | $27,720 +5.8% |
| 2018 | $661 +1.6% | $26,200 |
| 2017 | $651 -12.1% | $26,200 +19.3% |
| 2016 | $740 +38.2% | $21,960 +48.8% |
| 2015 | $535 | $14,760 +0.3% |
| 2014 | $535 | $14,720 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | $79,227 +13.6% |
| 2005 | -- | $69,716 |
| 2004 | -- | $69,716 +11.2% |
| 2003 | -- | $62,675 |
| 2002 | -- | $62,675 +6.5% |
| 2001 | -- | $58,856 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 30655
Nearby schools
GreatSchools rating
- 8/10Atha Road Elementary SchoolGrades: PK-5Distance: 3.1 mi
- 7/10Youth Middle SchoolGrades: 6-8Distance: 7.1 mi
- 6/10Walnut Grove High SchoolGrades: 9-12Distance: 8.6 mi
Schools provided by the listing agent
- Elementary: Atha Road
- Middle: Youth
- High: Walnut Grove
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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