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Walton 30655
480 Laura Drive
$360,000
● House - Off Market

480 Laura Drive

Monroe, GA 30655
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$2,025
Est. Monthly

About This Property

Welcome home to 480 Laura Drive! Nestled on 1.36 acres in Monroe's peaceful Mountain Ridge neighborhood, this charming ranch-style home offers 3 bedrooms and 2 full baths. Stepping inside to this inviting space, the family room features a cozy fireplace for relaxing evenings. The eat-in kitchen includes a breakfast bar and pantry, while formal dining adds flexibility.  Outside, enjoy both a front porch and back deck overlooking level, wooded grounds perfect for serene outdoor gatherings. An attached garage and no HOA make daily life easy. Located minutes from downtown Monroe, this home blends country peace with convenient access to shops, schools, and amenities.
Unit Size
1,600 Ft²
Days on Market
43 days
Land Size
1.36 acres
Price per sqft
$225
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1997

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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: 12 months ago (GAMLS #10619975)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Premium
Sold
Oct 21, 2025 In contract -
In contract
Oct 7, 2025 Listed by Bolst, Inc. $360,000
Listed by Bolst, Inc.
Feb 8, 2019 Sold
Premium
Sold
Jan 2, 2019 Listed by Bolst, Inc. $167,900
Listed by Bolst, Inc.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 12
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,242
  • Total Building Area: 1,478
  • Building Area: 1,478
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,478
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNTAIN RIDGE
  • Land Acres: 0000001360
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 11 MOUNTAIN RIDGE 1.36AC

Neighborhood

  • School District Name: Walton County School District
  • School Tax School District: WALTON COUNTY
  • Census Tract: 110200

Zoning

  • Zoning: R2

Geography

  • Account Number: 32080
  • District: 3
  • Parcel: N179A-011
  • Lot: 191
  • Municipality: WALTON COUNTY UNINCORPORATED
  • Latitude: 33.8261
  • Longitude: -83.627

    Address

  • Full Address: 480 Laura Dr
  • Address - House Number: 480
  • Address - Street Name: Laura
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Monroe
  • Carrier Code: R001
  • 4-Digit Zip Code: 8116
  • Zip Code: 30655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $313,193
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.1988
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 323,921
  • High Value: 388,294
  • Low Value: 259,549

    Market Valuation

  • Market Total Value: $253,200
  • Market Land Value: $52,000
  • Market Improvement Value: $201,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,280
  • Assessed Land Value: $20,800
  • Assessed Improvements Value: $80,480

    Sales

  • Current Sale Contract Date: Feb 08, 2019
  • Current Sale Recording Date: Feb 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-000550
  • Previous Sale Recording Date: Jul 09, 2001
  • Previous Sale Contract Date: Jul 02, 2001
  • Previous Sale Amount: $128,500
  • 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 Walton

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$189

Below Asking

0.02%

Average Days on Market

82

Average Home Size

2572 ft²

Average Home Age

27.1 years

Currently For Sale

577 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 449 Mccall Way, Monroe, GA, 30655

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,389 ft²
449 Mccall Way, Monroe, GA, 30655

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Avery Harrison, Bolst, Inc.
Last Updated: 12 months ago
Data Source: GAMLS, MLS# 10619975
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 480 Laura Drive built and last sold?
The property at 480 Laura Drive was built in 1997 and last sold on Feb 8, 2019 for $168,000.
How much is this home worth?
The estimated value of the home located at 480 Laura Drive is $347,689.
What are some comparable homes to 480 Laura Drive?
There are currently no comparable homes to 480 Laura Drive.
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