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Troup 30240
105 Montrose Way
$218,000
● House - Off Market

105 Montrose Way

Lagrange, GA 30240
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,112 Ft²
$1,276
Est. Monthly
8.78%
Cap Rate

About This Property

Welcome to this charming three bedroom, 2.5 bath home located just minutes from West Point Lake! This spacious property offers incredible potential and is perfect for those looking to add personal touches.  The main floor features an inviting living area, a large dining room, a large functional kitchen and an office area (currently used as a bedroom).  Upstairs, you'll find three comfortable bedrooms including the master suite with its own bathroom. The partially finished basement includes a versatile room that could serve as a fourth bedroom or a home office, giving you extra space for guests or work-from-home needs.  Outside, the backyard has plent of room for entertaining, gardening, or relaxing in nature.  Don't miss out on the chance to design your next home in a lovely area close to the lake.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$103
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (GAMLS #10411247)

Price History

Date / Event Date Event Price
Dec 6, 2024 Sold
Premium
Sold
Nov 19, 2024 In contract -
In contract
Nov 10, 2024 Listed by Southern Classic Realtors $218,000
Listed by Southern Classic Realtors
Aug 31, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2010
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,946
  • Total Building Area: 2,112
  • Building Area: 2,112
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEMONT-THE PRESERVE
  • Land Acres: 0000000940
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 105 MONTROSE WAY/THE PRESERVE AT LAKEMONT SEC

Neighborhood

  • School District Name: Troup County School District
  • School Tax School District: 01-TROUP
  • Census Tract: 960202

Zoning

  • Zoning: 009

Geography

  • Account Number: 31965
  • District: 12
  • Section: 1
  • Parcel: 0670 000083
  • Lot: 251
  • Municipality: TROUP COUNTY
  • Latitude: 33.1329
  • Longitude: -85.0687

    Address

  • Full Address: 105 Montrose Way
  • Address - House Number: 105
  • Address - Street Name: Montrose
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Lagrange
  • Carrier Code: R011
  • 4-Digit Zip Code: 7729
  • Zip Code: 30240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $246,548
  • Tax Rate Code Area: 01-TROUP

    Appraisal Valuation

  • Standard Deviation: 0.1215
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 235,832
  • High Value: 264,506
  • Low Value: 207,157

    Market Valuation

  • Market Total Value: $226,000
  • Market Land Value: $35,000
  • Market Improvement Value: $191,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,400
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $76,400

    Sales

  • Current Sale Contract Date: Aug 31, 2016
  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-001597
  • Previous Sale Recording Date: Apr 16, 2009
  • Previous Sale Contract Date: Apr 16, 2009
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Troup

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2115 ft²

Average Home Age

36.8 years

Currently For Sale

293 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Regenia Andrews, Southern Classic Realtors
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10411247
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 105 Montrose Way built and last sold?
The property at 105 Montrose Way was built in 2000 and last sold on Aug 31, 2016 for $129,900.
How much is this home worth?
The estimated value of the home located at 105 Montrose Way is $226,449.
What are some comparable homes to 105 Montrose Way?
There are currently no comparable homes to 105 Montrose Way.
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