Discover the charm of this delightful, well-maintained 3-bedroom, 2-bath brick ranch in an established Monroe neighborhood. This single-level home includes 1,187 square feet with an easy, functional layout. The updated kitchen features cabinetry, generous storage, ample counter space and stainless appliances, while the spacious living/dining area provides plenty of flexibility for everyday living and entertaining. The primary bedroom includes a walk-in closet and private bath with a tub and separate shower. Two additional bedrooms and a second full bath provide space for guests or a home office. Outside, enjoy a rear deck overlooking a shaded backyard with mature trees. Additional features include a dedicated laundry closet, attached one-car garage and a newer roof. Conveniently located in Monroe with easy access to shopping, schools and other area amenities.
Single-familyProperty Type
1990Year Built
0.37 acresLot Size
$223Price/Sq.Ft.
2 spacesParking
Listed by Steven Koleno• Beycome Brokerage Realty LLC
FORECLOSURE. FIXER UPPER. GREAT OPPORTUNITY FOR INVESTOR. NEEDS TLC. MORE WORK NEEDED. PARTIALLY REHABBED INTERIOR BY PRIOR OWNER. SOLD AS IS WHERE IS. NO DISCLOSURES. CLOSE TO DOWNTOWN MONROE. ORIGINALLY PRICED 89,000. NOW REDUCED - MAKE OFFER!!!
FMLS #4133955
Jan 1, 2011
Listing Removed
—
Oct 9, 2010
Listed
$49,900
$42/sq ft
FMLS #3978811
Sep 1, 2010
Listing Removed
—
Jun 1, 2010
Relisted
—
Jun 1, 2010
Listing Removed
—
May 23, 2010
Price Changed
$49,900
$42/sq ft
Public Records
Oct 18, 2005
Sold
$120,000
$101/sq ft
Public Records
Feb 4, 1992
Sold
$57,360
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,759 (+3.3%)
$17,457 + $60,983
$78,440
2024
$2,670 (+7.6%)
$17,457 + $60,983
$78,440
2023
$2,481 (+52.1%)
$18,000 + $62,880
$80,880
2022
$1,631 (+42.6%)
$15,200 + $55,760
$70,960
2021
$1,144
$11,200 + $32,480
$43,680
2020
$1,144 (+5.4%)
$6,000 + $22,840
$28,840
2019
$1,085 (+15.2%)
$6,000 + $22,840
$28,840
2018
$942 (+15.9%)
$4,000 + $19,920
$23,920
2017
$813 (+11.4%)
$4,000 + $16,360
$20,360
2016
$730 (+21.9%)
$4,000 + $16,360
$20,360
2015
$599 (−3.4%)
$4,000 + $13,720
$17,720
2014
$620 (−8.0%)
$4,000 + $13,800
$17,800
2013
$674 (+60.5%)
$4,000 + $11,298
$15,298
2012
$420 (−51.3%)
$2,768 + $9,232
$12,000
2011
$863 (−2.7%)
$6,000 + $19,998
$25,998
2010
$887 (−20.7%)
$6,000 + $22,076
$28,076
2009
$1,119 (−7.3%)
$7,200 + $28,975
$36,175
2008
$1,207
$7,200 + $33,265
$40,465
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
2000
Finished Sq. Ft.
1,218
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,218
Year built
1990
Style
Single Family Residential
County
Walton County
APN
NM24A012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R-1A
Medium Lot Residential District
To provide for areas of medium density, detached, single-family residential uses; to recognize and protect the moderate lot size, street grid based and highly pedestrian character of the city’s turn-of-the-century neighborhoods and subdivisions; to reinforce the traditional residential development pattern characteristic of the historic areas of the city; to permit compatible accessory uses which normally complement balanced and attractive residential uses; to stabilize and protect owner-occupied housing and encourage a suitable environment for family life; and, to protect moderate density, single family residential areas from encroachment of higher density residential and incompatible non-residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Other
Infrastructure
Bed & breakfast
Housing-Mobile home park
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
5/10 Wind Factor
25% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Monroe, GA • 30655
Average low and high temperatures (°F)
51
31
61
39
71
46
77
53
78
61
86
68
91
72
82
68
82
64
74
52
66
46
57
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 502 Chestnut Ln
$264,401
$599 under list price of $265K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $249K to $337K.