NOT LISTED FOR SALE

1010 Magnolia Dr Athens, GA 30606

Estimated Value: $1,031,000 - $1,183,000

4 Beds
5 Baths
4,240 Sq Ft
$256/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $494,000 $117 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,298/month

170 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • 3 Car Attached Garage
  • Oconee County Elementary School Rated A
  • Screened Porch
  • Tray Ceiling

About This Home

As of September 2014

An elegant estate in Lake Welbrook! This home is one of the few estate lots, it sits on just over 2 acres of land in the highly sought after Lake Wellbrook. Lake Wellbrook is a swim/tennis neighborhood with a beautiful lake. An address in this neighborhood means convenience as it is close to Athens and Watkinsville. This home and its landscape will take your breath away. As you pull up to it, you will love the southern style. It has a beautiful staircase and formal entryway. Off of the entry is a formal study with built-in bookcases and a fireplace with gas logs. There is a formal dining room that is large and perfect for entertaining. Even though this home was built in 1996, it has an open living concept between the family room and kitchen. The kitchen has a wonderful setup that is perfect for someone who loves to cook. A large island is the showpiece. The island has a prep sink and large seating area. Off of the kitchen is a laundry room and mud room. Downstairs you have a spacious master bedroom, master bathroom and large closet. The master bathroom has a separate water closet, huge jetted tub, and large shower. Upstairs you will find three bedrooms. One is the exact footprint of the master bedroom below and could be used as a second master. It has a big closet and shares a jack and jill bathroom with one of the other bedrooms. The bedrooms are all large and they all have access to either a private bath or a shared bath. Upstairs you will also find a small room that could be used as a sewing/craft or playroom. There is also an unfinished space that could be a bonus room. Outside is truly park like. It boasts huge oak trees, beautiful landscape, a walk out patio with built in gas grill. This home has so much to offer! You don't want to miss this one!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,433

Year Built

  • Built in 1996

Lot Details

  • 2.04

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Fireplace
  • Screened Porch
  • Crawl Space
  • Home Security System

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Oconee Primary Elementary School
  • Oconee Middle School
  • Oconee High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Lake Welbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number C 02T001A

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,433

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans,Security System
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1996
  • ResoSecurityFeatures: Security System
  • Subdivision Name: Lake Welbrook
  • Reso Flooring: Carpet, Tile, Wood
  • Reso Interior Features: Tray Ceiling(s), Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Vaulted Ceiling(s)
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Basement: Crawl Space
  • Fireplace Features: Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Total Bedrooms: 9
  • Stories: 2

Exterior Features

  • Acres: 2.04
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Other, Porch
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Sidewalks

Schools

  • Middle Or Junior School: Oconee Middle School

Lot Info

  • Lot Size Area: 2.04
  • Parcel Number: C 02T001A
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Oconee Primary
  • HighSchool: Oconee High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2014
Closed on
Sep 22, 2014
Sold by
Patel Jaideep K
Bought by
Patel Jaideep K and Patel Rupal Ishwar
List Price
$549,900
Sold Price
$494,000
Premium/Discount to List
-$55,900
-10.17%
Current Estimated Value
$1,086,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,982
Avg. Annual Appreciation
7.42%
Original Mortgage
$395,200
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1995
Bought by
Guest Larry
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Jaideep K -- --
Patel Jaideep K $494,000 --
Guest Larry $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jaideep K $395,200
Closed Patel Jaideep K $395,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2014 09/22/14 Sold $494,000 -10.2% $117 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $549,900 -- $130 / Sq Ft
Source: Savannah Multi-List Corporation

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,433 $344,021 $34,500 $309,521
2023 $6,433 $326,457 $32,130 $294,327
2022 $6,261 $291,868 $32,130 $259,738
2021 $5,962 $257,700 $32,130 $225,570
2020 $5,818 $251,112 $35,910 $215,202
2019 $5,645 $243,618 $35,910 $207,708
2018 $5,773 $243,929 $35,910 $208,019
2017 $5,773 $243,929 $35,910 $208,019
2016 $5,681 $240,035 $35,910 $204,125
2015 $4,508 $190,138 $35,910 $154,228
2014 -- $167,365 $35,910 $131,455
2013 -- $161,662 $35,910 $125,752
Source: Public Records

Map

Source: Savannah Multi-List Corporation

MLS Number: CM937317

Savannah Multi-List Corporation

APN: C02-T0-01A