Seller's Agent in 2024
Lynzi Kiser
Century 21 Results
(404) 384-2818
76 Total Sales
1040 W Magnolia Loop Madison, GA 30650
Estimated Value: $535,000 - $570,000
4
Beds
4.5
Baths
4,177
Sq Ft
$133/Sq Ft
Est. Value
Highlights
- Covered Dock
- Golf Course Community
- Home Theater
- Morgan County Primary School Rated A-
- Fitness Center
- Gated Community
About This Home
As of October 2024$10K in Closing Costs Offered by the Seller! This home was custom built for the builder's wife so you know this one is a Show Stopper! What a stunning 4 bedroom, 4.5 bathroom home in the desirable, gated Madison Lakes Subdivision offers luxury and comfort with over 4,000 sq ft of living space on a spacious half acre lot. This beautiful home combines modern amenities with timeless elegance. MAIN LEVEL: The large Primary Suite with vaulted ceilings is conveniently located on the main floor and features His & Her vanities and walk in closets. A spacious family room with custom built ins and cozy fireplace, along with a separate living room also equipped with a fireplace, provides plenty of space and relaxation for the whole family. The gourmet kitchen boasts a large island with plenty of seating around and stainless steel appliances, a double oven, walk in pantry and separate bar with ice maker. This is an entertainers dream with a wide open floor plan with walk out access to the 2023 built Trex deck that extends to most of the back of the house. It has new railings and gate out to the open back yard. The main floor also includes a laundry room with a sink and ample storage near the 3 car garage. UPPER LEVEL offers a large bonus room with a full bath, perfect for a home theater, office or playroom PLUS a second versatile bonus/flex room. One of the upstairs bedrooms features itCOs own en-suite and walk in closet while two additional bedrooms share a Jack & Jill bathroom, each with their own walk in closets. This homeCOs premium lot backs up to serene green space and peaceful view from the deck. This gated community offers resort-style amenities including a tennis court, swimming pool, clubhouse, fitness center, playground and a lake. With the ideal location near I-20, shopping and restaurants you donCOt want to miss this opportunity to be in a beautifully, custom designed home and receive $10,000 in closing costs from the seller!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,766
Year Built
- Built in 2006
Lot Details
- 0.51 Acre Lot
- Level Lot
- Sprinkler System
- Grass Covered Lot
HOA Fees
- $85 Monthly HOA Fees
Home Design
- Slab Foundation
- Composition Roof
- Concrete Siding
Interior Spaces
- 4,177 Sq Ft Home
- 2-Story Property
- Wet Bar
- Bookcases
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Room Seats More Than Twelve
- Home Theater
- Home Office
- Bonus Room
- Keeping Room
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Cooktop
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
Parking
- 3 Car Garage
- Parking Accessed On Kitchen Level
- Side or Rear Entrance to Parking
- Garage Door Opener
Outdoor Features
- Covered Dock
- Deck
- Patio
Location
- Property is near schools
- Property is near shops
Schools
- Morgan County Primary/Elementa Elementary School
- Morgan County Middle School
- Morgan County High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 3
Community Details
Overview
- $350 Initiation Fee
- Association fees include ground maintenance, swimming, tennis
- Madison Lakes Subdivision
- Community Lake
Recreation
- Golf Course Community
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2024
Closed on
Oct 15, 2024
Sold by
Wolfe Sheila G
Bought by
Crawford Elizabeth Mcclain
Seller's Agent
Lynzi Kiser
Century 21 Results
Buyer's Agent
Jerry Craig
Greater Athens Properties
List Price
$585,000
Sold Price
$526,500
Premium/Discount to List
-$58,500
-10%
Total Days on Market
20
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,215
Avg. Annual Appreciation
3.73%
Original Mortgage
$421,200
Outstanding Balance
$419,957
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$117,071
Purchase Details
Listed on
Mar 30, 2018
Closed on
Feb 8, 2019
Sold by
Perry Susan W
Bought by
Wolfe Walter S and Wolfe Sheila G
Seller's Agent
Charles Hendrix
Keller Williams Realty Premier
Buyer's Agent
KIM & LIN LOGAN TEAM
Kim and Lin Logan Real Estate
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Purchase Details
Closed on
May 14, 2014
Sold by
Perry Paul E
Bought by
Perry Susan W
Purchase Details
Closed on
Aug 30, 2006
Sold by
Madison Lakes Llc
Bought by
Star Homes Builders Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crawford Elizabeth Mcclain | $526,500 | -- | |
| Wolfe Walter S | $465,000 | -- | |
| Perry Susan W | -- | -- | |
| Star Homes Builders Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Crawford Elizabeth Mcclain | $421,200 | |
| Previous Owner | Perry Paul E | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $526,500 | -2.5% | $126 / Sq Ft |
| 09/16/2024 09/16/24 | Pending | -- | -- | -- |
| 09/12/2024 09/12/24 | Price Changed | $540,000 | -6.1% | $129 / Sq Ft |
| 09/06/2024 09/06/24 | Price Changed | $575,000 | -1.7% | $138 / Sq Ft |
| 08/27/2024 08/27/24 | For Sale | $585,000 | +25.8% | $140 / Sq Ft |
| 02/08/2019 02/08/19 | Sold | $465,000 | -6.8% | $111 / Sq Ft |
| 01/21/2019 01/21/19 | Pending | -- | -- | -- |
| 03/30/2018 03/30/18 | For Sale | $499,000 | -- | $119 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $4,526 | $216,079 | $20,000 | $196,079 |
| 2023 | $4,189 | $195,699 | $20,000 | $175,699 |
| 2022 | $4,124 | $185,974 | $20,000 | $165,974 |
| 2021 | $4,042 | $181,974 | $16,000 | $165,974 |
| 2020 | $4,080 | $181,974 | $16,000 | $165,974 |
| 2019 | $4,584 | $181,974 | $16,000 | $165,974 |
| 2018 | $4,588 | $181,445 | $20,000 | $161,445 |
| 2017 | $4,708 | $181,709 | $15,600 | $166,109 |
| 2016 | $4,495 | $171,900 | $20,000 | $151,900 |
| 2015 | $4,201 | $158,760 | $18,000 | $140,760 |
| 2014 | $4,189 | $162,720 | $6,000 | $156,720 |
| 2013 | -- | $126,520 | $4,000 | $122,520 |
Source: Public Records
Agents Affiliated with this Home
-
Lynzi Kiser
-
Jerry Craig
Buyer's Agent in 2024
Jerry Craig
Greater Athens Properties
(706) 202-0335
91 Total Sales
-
Charles Hendrix
Seller's Agent in 2019
Charles Hendrix
Keller Williams Realty Premier
(706) 474-0531
94 Total Sales
-
KIM & LIN LOGAN TEAM
K
Buyer's Agent in 2019
KIM & LIN LOGAN TEAM
Kim and Lin Logan Real Estate
(678) 487-1608
906 Total Sales
Map
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Source: Georgia MLS
MLS Number: 10367792
APN: 046C047000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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