NOT LISTED FOR SALE

1011 Madelyn Ln Madison, GA 30650

Estimated Value: $745,000 - $911,000

6 Beds
4 Baths
4,593 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $675,000 $147 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,600/month

121 Days on Market

Highlights

  • Guest House
  • 3.7 Acre Lot
  • Pond
  • Morgan County Primary School Rated A-
  • Craftsman Architecture
  • Vaulted Ceiling

About This Home

As of July 2023

If you never saw the inside of 1011 Madelyn Lane, you’d still be interested in this great property, but the stunning interior will really seal the deal. Hidden inside the lovely Craftsman exterior of this home is a luxury lodge that will inspire you to staycation and snuggle instead of travelling to get away. Soaring, vaulted ceilings are encased in glossy tongue-in-groove hardwoods and mirrored across the floor in the main living area and loft. Big, gorgeous windows in the great room allow you to survey your domain and to enjoy the morning sunrise. Your kitchen is outfitted in a delicious, custom pairing of gray and natural stained wood, complimented by stainless steel appliances and gleaming granite counters with island seating. Serve your meals in the adjacent dining room, or step outside in the secluded “courtyard” off the kitchen for a private, al-fresco dining experience or on the grilling porch off the great room. Three bedrooms are found in the wing off the dining room. Two sizable guest rooms share a full bath and join the owner’s suite at the far end. More traditionally elegant with a farmhouse feel, the owner’s suite has access to the courtyard and includes a truly beautiful bath just through the sliding door. A built-in vanity will be a favored feature, as will the shower encased with unique splashes of chocolate and cream color. Adjacent to the foyer is a quaint receiving area with flexible space appropriate for a number of uses. The laundry area is just to the side, with thoughtful storage spaces you’ll appreciate. Up the stairs, the loft area is yet another place that will beckon guests to gather and relax. Play checkers while overlooking the great room, read or lounge. The pleasure is yours! A 4th bedroom in the loft could easily be a game or media room if you’d rather. Don’t miss the three-car garage on your way outside! More delights await on the 3.79 fully fenced acres that will be your slice of heaven. A 1195 sq ft guest cottage is the perfect place for extended family or out of town guests. Two kitchens, two bedrooms/baths, two living rooms and a sunroom make it possible to accommodate guests with privacy. You also have a 2-stall barn, a two-story playhouse and a garden shed/greenhouse with planting beds along with a 30 x 40 pole barn. Here it is, folks. All you want and a bag of chips. Welcome home!

Last Agent to Sell the Property

Rhonda Smith

Keller Williams Realty Lake Oconee License #330071 Listed on: 02/09/2023

Keller Williams Realty Lake Oconee

Last Buyer's Agent

Selling Agent Non-Member

NON MLS MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 2008

Lot Details

  • 3.7 Acre Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Craftsman Architecture
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,593 Sq Ft Home
  • 1.5-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Chandelier
  • Fireplace Features Masonry
  • Great Room
  • Loft
  • Workshop
  • Storage Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Pond
  • Covered Patio or Porch
  • Shed
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System
  • Internet Available
  • Satellite Dish

Additional Features

  • Guest House
  • Pasture

Community Details

  • Chambers Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 028 025

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,458

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Residential Home
  • Architectural Style: Craftsman Style
  • Property Status: Standard Listing
  • Property Features: Barn, Fenced Fully, Gravel Drive, Guest House, Play House, Shed
  • Location: City Limits
  • Subdivision: CHAMBERS
  • Directions: From downtown Madison, take Hwy 278 (Atl Hwy) toward Rutledge. Go 2.8 miles and turn right onto Wilson Road, in 0.3 miles turn left onto Madelyn Lane. Home is first house on the right.
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Room Features: Beamed Ceiling, Breakfast Bar, Chandelier, Closet System, Granite Countertops, Island, Masonry Fireplace, Pantry, Separate Shower, Vaulted Ceiling, Walk-In Closet
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Vent Hood, Washer, StainlessSteel Appliances
  • Interior Amenities: Master on Main
  • Levels W O Basement: 1 1/2 Story
  • Bedrooms: 6
  • Master Bedroom Level: 1
  • Bedroom 2 Level: 1
  • Bedroom 3 Level: 1
  • Bedroom 4 Level: 2
  • Bedroom 4 Features: Loft Area, Main Residence
  • Bedroom 5 Level: 1
  • Bedroom 5 Features: Guest House
  • Full Bathrooms: 4
  • Dining Room Level: 1
  • Kitchen Level: 1
  • Great Room Level: 1
  • Living Room Level: 1
  • Other Room1 Level: 1
  • Other Room1 Features: 2nd Bedroom, Guest House
  • Other Rooms: Loft, Overlook, Storage, Workshop
  • Estimated Heated Sq Ft: 4593

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Covered Patio, Covered Porch
  • Roof: Metal
  • Substructure: Crawl Space
  • Water Or Water View: Pond On Property

Garage/Parking

  • Garage: 3 Car Attached, Garage

Utilities

  • Air Conditioner: Central Electric
  • Heat: Central, Heat Pump
  • Sewer: Septic
  • Tv Cable Communications: DSL, Satellite Dish
  • Water Heater: Electric

Lot Info

  • Lot Number: 27
  • Plat Page: 7/199
  • Estimated Number of Acres: 3.7
  • Estimated Percent Pasture: 60
  • Deed Page: 706/158
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Assessor Parcel Number: 028 025
  • Topography: Level, Pasture

Tax Info

  • Last Years Taxes: 3884.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Jul 31, 2023
Sold by
Gerber David John
Bought by
Thompson Ronald Brian
Seller's Agent
Rhonda Smith
Keller Williams Realty Lake Oconee
Buyer's Agent
Selling Agent Non-Member
NON MLS MEMBER
List Price
$775,000
Sold Price
$675,000
Premium/Discount to List
-$100,000
-12.9%
Views
559
Current Estimated Value
$818,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,226
Avg. Annual Appreciation
8.73%
Original Mortgage
$554,500
Outstanding Balance
$541,628
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$276,598

Purchase Details

Closed on
Dec 1, 2022
Sold by
Gerber Teresa Ann
Bought by
Gerber David John

Purchase Details

Listed on
Feb 20, 2015
Closed on
Feb 29, 2016
Sold by
Walker James Bradley
Bought by
Gerber Teresa A and Gerber David J
Seller's Agent
Kelly Lanier
McGinnis Realty and Appraisal
Buyer's Agent
Selling Agent Non-Member
NON MLS MEMBER
List Price
$339,000
Sold Price
$298,000
Premium/Discount to List
-$41,000
-12.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Jan 8, 2007
Sold by
Seabolt Larry R
Bought by
Walker James Bradley

Purchase Details

Closed on
Feb 28, 1985
Sold by
Mccarty Gertrude E
Bought by
Seabolt Larry R

Purchase Details

Closed on
Aug 10, 1982
Sold by
Bryans W Norris
Bought by
Mccarty Gertrude E
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
Thompson Ronald Brian $675,000 --
Gerber David J -- --
Gerber David John -- --
Gerber Teresa A $298,000 --
Walker James Bradley $45,000 --
Seabolt Larry R $5,000 --
Mccarty Gertrude E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerber David J $554,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $675,000 -2.9% $147 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $695,000 -4.1% $151 / Sq Ft
03/17/2023 03/17/23 Price Changed $725,000 -3.3% $158 / Sq Ft
03/13/2023 03/13/23 Price Changed $750,000 -3.2% $163 / Sq Ft
02/09/2023 02/09/23 For Sale $775,000 +160.1% $169 / Sq Ft
02/29/2016 02/29/16 Sold $298,000 -12.1% $115 / Sq Ft View Prior Sale
01/03/2016 01/03/16 Pending -- -- --
02/20/2015 02/20/15 For Sale $339,000 -- $130 / Sq Ft
Source: Lake Country Board of REALTORS®

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 $3,458 $268,786 $24,664 $244,122
2023 $4,852 $208,467 $24,664 $183,803
2022 $3,819 $158,137 $24,664 $133,473
2021 $3,835 $158,137 $24,664 $133,473
2020 $3,634 $148,588 $15,115 $133,473
2019 $3,682 $148,155 $15,115 $133,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 63390

Lake Country Board of REALTORS®

APN: 028 025