$465,000
SOLD FEB 8, 2019

1040 W Magnolia Loop Madison, GA 30650

4 Beds
4.5 Baths
4,177 Sq Ft
0.51 Acres

Recently Sold

$111 Per Sq Ft

7% Below List Price

About This Home

As of October 2024

Great Home! Gated community just outside of Historic Madison's city limits with swimming and tennis. Living room, dining room,Media Room, kitchen with breakfast room and keeping room, 2 fireplaces, hardwood floors, and many other additional features.

Last Agent to Sell the Property

Charles Hendrix

Keller Williams Realty Premier License #160584 Listed on: 03/30/2018

Keller Williams Realty Premier

Last Buyer's Agent

KIM & LIN LOGAN TEAM

Kim and Lin Logan Real Estate License #241736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,526

Year Built

  • Built in 2006

Lot Details

  • 0.51 Acre Lot

Home Design

  • 4,177 Sq Ft Home
  • Traditional Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Madison Lakes Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,526

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Residential Home
  • Architectural Style: Traditional
  • Property Status: Standard Listing
  • Location: Rural
  • Subdivision: MADISON LAKES
  • Directions: I-20 east to exit 114. Take right onto Hwy 441 South. Approx 2 miles on right is Madison Lakes
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Estimated Heated Sq Ft: 4177

Lot Info

  • Estimated Number of Acres: 0.51
  • General Zoning Class: Residential
  • Geo Subdivision: GA

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
Keller Williams Realty Atl. Partners
Buyer's Agent
Jerry Craig
Greater Athens Properties
List Price
$585,000
Sold Price
$526,500
Premium/Discount to List
-$58,500
-10%
Views
105
Current Estimated Value
$616,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,344
Avg. Annual Appreciation
18.56%
Original Mortgage
$421,200
Outstanding Balance
$417,415
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$199,429

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $526,500 --
Warranty Deed $465,000 --
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $421,200 New Conventional
Previous Owner $350,000 New Conventional
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: 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 $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

    Seller's Agent in 2024

    Lynzi Kiser

    Keller Williams Realty Atl. Partners

    (404) 384-2818

    1 in this area

    88 Total Sales

    Lynzi Kiser
    Section Image
  • Jerry Craig

    Buyer's Agent in 2024

    Jerry Craig

    Greater Athens Properties

    (706) 202-0335

    1 in this area

    96 Total Sales

    Jerry Craig
    Section Image
  • Charles Hendrix

    Seller's Agent in 2019

    Charles Hendrix

    Keller Williams Realty Premier

    (706) 474-0531

    11 in this area

    77 Total Sales

    Charles Hendrix
    Section Image

  • K

    Buyer's Agent in 2019

    KIM & LIN LOGAN TEAM

    Kim and Lin Logan Real Estate

    (678) 487-1608

    13 in this area

    848 Total Sales

    KIM & LIN LOGAN TEAM
    Section Image
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Map

Source: Lake Country Board of REALTORS®

MLS Number: 49968

Lake Country Board of REALTORS®

APN: 046C047000

Georgia Morgan County Madison 30650

1040 W Magnolia Loop, Madison, GA

This home is located at 1040 W Magnolia Loop, Madison, GA 30650 and is currently priced at $465,000, approximately $111 per square foot. This property was built in 2006. 1040 W Magnolia Loop is a home located in Morgan County with nearby schools including Morgan County Primary School, Morgan County Elementary School, and Morgan County Middle School.

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.

Lake Country Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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