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Walton 30655
616 Springwood Trail
$290,000
● House - Off Market

616 Springwood Trail

Monroe, GA 30655
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,381 Ft²
$298,129
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Beautiful and well-maintained ranch in sought after Monroe. This home has it all. New floors and fresh paint throughout. The HVAC system is practically brand new. Enjoy the flat private back yard and quiet cul-de-sac. Will not last long and priced to sell. Bring us your best offer. We are close to Hwy 78, shopping restaurants, parks, schools and more.
Unit Size
1,381 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$217
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
2002

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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: 3 years ago (GAMLS #20140584)

Price History

Date / Event Date Event Price
Sep 11, 2023 Sold
Premium
Sold
Aug 11, 2023 Listed by Keller Williams Rlty Atl. Part $300,000
Listed by Keller Williams Rlty Atl. Part
Apr 24, 2018 Sold
Premium
Sold
Oct 24, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • 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: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,381
  • Building Area: 1,381
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,381
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEARWATER EST-II
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 5C CLEARWATER ESTATES-II .34AC

Neighborhood

  • School District Name: Walton County School District
  • School Tax School District: WALTON COUNTY
  • Census Tract: 110302

Zoning

  • Zoning: R1

Geography

  • Account Number: 31354
  • District: 3
  • Subdivision Phase Number: 2
  • Parcel: N165D-072
  • Block: C
  • Lot: 136
  • Municipality: WALTON COUNTY UNINCORPORATED
  • Latitude: 33.7937
  • Longitude: -83.6533

    Address

  • Full Address: 616 Springwood Trl
  • Address - House Number: 616
  • Address - Street Name: Springwood
  • Address - Suffix Type: Trl
  • State: GA
  • City Name: Monroe
  • Carrier Code: R005
  • 4-Digit Zip Code: 7332
  • Zip Code: 30655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $291,596
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2131
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 297,363
  • High Value: 360,753
  • Low Value: 233,972

    Market Valuation

  • Market Total Value: $235,400
  • Market Land Value: $50,000
  • Market Improvement Value: $185,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,160
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $74,160

    Sales

  • Current Sale Contract Date: Sep 11, 2023
  • Current Sale Recording Date: Sep 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 24, 2018
  • Previous Sale Contract Date: Apr 24, 2018
  • Previous Sale Amount: $154,000
  • 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 Walton

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$189

Below Asking

0.02%

Average Days on Market

82

Average Home Size

2567 ft²

Average Home Age

27.3 years

Currently For Sale

575 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
Unit for rent at 222 Sinclair Way, Monroe, GA, 30655

$2,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,884 ft²
222 Sinclair Way, Monroe, GA, 30655

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Greg Sullivan, Keller Williams Rlty Atl. Part
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20140584
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 616 Springwood Trail built and last sold?
The property at 616 Springwood Trail was built in 2002 and last sold on Sep 11, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 616 Springwood Trail is $301,250.
What are some comparable homes to 616 Springwood Trail?
There are currently no comparable homes to 616 Springwood Trail.
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