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Monticello 31064
445 Madison Road
$250,000
● House - Off Market

445 Madison Road

Monticello, GA 31064
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,750 Ft²
$265,344
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Immaculate 3-bedroom 1.5 bath beautiful home located in a quiet close-knit City of Monticello! Located inside the historic district, Home features an open and bright floor plan with natural light and Great Views of hiking trails. Plenty of room on 2.3 acres, which could be subdivided for another homesite that is within walking distance of all that Monticello city has to offer and borders N. Warren St! Biggest lot in the district. Two large metal storage buildings including one that is only a year old. Must see to believe! Easy access to major highways! Good Schools!
Unit Size
1,750 Ft²
Days on Market
103 days
Land Size
2.30 acres
Price per sqft
$151
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 7 months ago (GAMLS #10135177)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
Mar 1, 2023 Listed by Mark Spain Real Estate $264,900
Listed by Mark Spain Real Estate
Jan 14, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 5
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 100,188
  • Lot Size Depth Feet: 4,360
  • Lot Size Frontage Feet: 2,300
  • Total Building Area: 1,750
  • Building Area: 1,750
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,750
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002300
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LOT8 & 1/2 OF 9 PB1/85 DB1051/192

Neighborhood

  • School District Name: Jasper County School District
  • School Tax School District: 02
  • Census Tract: 010502

Zoning

  • Zoning: RESIDENTIA

Geography

  • Account Number: 4849
  • District: 16
  • Parcel: M03- -165
  • Lot: 8
  • Municipality: MONTICELLO
  • Latitude: 33.3101
  • Longitude: -83.6782

    Address

  • Full Address: 445 Madison Rd
  • Address - House Number: 445
  • Address - Street Name: Madison
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Monticello
  • Carrier Code: C001
  • 4-Digit Zip Code: 1149
  • Zip Code: 31064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $240,517
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 85
  • Final Value: 260,231
  • High Value: 293,178
  • Low Value: 227,285

    Market Valuation

  • Market Total Value: $221,600
  • Market Land Value: $29,300
  • Market Improvement Value: $192,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,640
  • Assessed Land Value: $11,720
  • Assessed Improvements Value: $76,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 13, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-000529
  • Previous Sale Recording Date: Jan 14, 2020
  • Previous Sale Contract Date: Jan 14, 2020
  • Previous Sale Amount: $114,750
  • Previous Sale Document Type: 71
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 Monticello

Stats & Trends

Median Asking:

$245,000

Sale Price/ft²

$133

Below Asking

0.04%

Average Days on Market

62

Average Home Size

2675 ft²

Average Home Age

49.5 years

Currently For Sale

10 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

Unit for rent at 133 W Washington Street, Monticello, GA, 31064

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,250 ft²
133 W Washington Street #F, Monticello, GA, 31064

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Mark Spain, Mark Spain Real Estate
Last Updated: 7 months ago
Data Source: GAMLS, MLS# 10135177
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 445 Madison Road built and last sold?
The property at 445 Madison Road was built in 1947 and last sold on Jun 13, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 445 Madison Road is $265,520.
What are some comparable homes to 445 Madison Road?
There are currently no comparable homes to 445 Madison Road.
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