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3051 Georgia #337, Menlo, GA, 30731

2beds
1baths
754sqft
$89,000
$118price/sqft
$747/moest. monthly cost
$29,880/yrincome needed

About This Home

Charming Nostalgic Cottage - Prime Fixer-Upper Opportunity in the Heart of Menlo, GA! Step back in time with this adorable 754 sq ft nostalgic home, perfectly situated in the peaceful heart of Menlo, Georgia. Previously used as a rental property, this sweet guest house is now available as a standalone opportunity or as part of a package with the large neighboring main house. This cozy fixer-upper offers tremendous potential for the right buyer. Whether you're looking to create a profitable short-term rental, a peaceful overnight guest retreat, or a personal weekend getaway, the possibilities are endless. Its compact size makes it easy to maintain while still delivering plenty of character and warmth. Location Highlights: * Walk to the local park, church, and everyday shopping - true small-town convenience at its best. * Just minutes from Mentone, Alabama, with its scenic mountain views, waterfalls, hiking trails, and charming attractions on Lookout Mountain. * Enjoy a calm, relaxed lifestyle in this quiet community while staying close to nature and recreational opportunities. Priced at an attractive $89,000, this is an excellent value for a hands-on investor or someone ready to bring new life to a classic property. A division of the lot with survey will be required for a standalone purchase, or it can be acquired as a package deal with the adjacent large house. Don't miss this chance to own a piece of Menlo's history and create something special in a tranquil setting near Mentone, AL. Contact me today for more details or to schedule a private showing!

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

5/10
Menlo Elementary SchoolGrades PK-80.9 mi
5/10
Chattooga High SchoolGrades 9-126.9 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1900

Materials

  • Foundation: Brick/Mortar
  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Water Heater
  • Laundry features: In Kitchen

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Window features: Aluminum Frames,Wood Frames
  • Flooring: Hardwood
  • Finished area above ground: 944

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 754
  • Total interior livable area: 754 sqft

Property

Details

  • Parcel number: 00m0200000008

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None
  • Fencing: None

Lot

  • Lot size: 0.48 Acres
  • Features: Cleared,City Lot,Few Trees
  • Lot size dimensions: 75 x 125 x 75 x 125

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Drought
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Georgia Counties

Flood
Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $450$5,400
Home Insurance *$26$312
Property Taxes $52$624
Electricity $219$2,637
Total$747$8,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,611/yr
40% on housing$22,410/yr
45% on housing$19,920/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 17.5%
17.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$118This listing

vs Other Active Listings

Avg $/sqft

ZIP 30731$262
Chattooga County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 30731$303
Chattooga County$119

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-08Listed for sale$89,000

For Sale by Agent

AgentTeresa G Hogg
BrokerageBetter Homes and Gardens Real Estate Jackson Realty

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