V
Seller's Agent in 2023
Valerie Thompson
Ansley RE|Christie's Int'l RE
(706) 474-2132
1 Total Sale
1050 W Magnolia Loop Madison, GA 30650
Estimated Value: $674,832 - $748,000
6
Beds
4.5
Baths
5,939
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- Fitness Center
- Gated Community
- Clubhouse
- Morgan County Primary School Rated A-
- Community Lake
- Deck
About This Home
As of October 2023Come check out this stunning 6 bedroom/4.5 bath home in the desirable Madison Lakes in Madison, Ga. Situated in a gated community with a clubhouse, JR Olympic size pool, lighted tennis courts, fitness center and playground! Just two minutes to I-20 for an easy commute to Atlanta Airport and four minutes to beautiful downtown Madison, as well as minutes to the highly sought after Morgan County school system! This exquisitely spacious home boasts an open floor plan, granite countertops, huge finished basement with a rec room/exercise room, hardwood floors throughout the main level, and beautiful custom woodwork throughout. AND much much more to offer! Madison is a great place to visit, but an even better place to live! Your dream home is waiting!! Schedule your showing today!!!!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,160
Year Built
- Built in 2006
Lot Details
- 0.41 Acre Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Concrete Siding
- Stone Siding
- Stone
Interior Spaces
- 2-Story Property
- Bookcases
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Great Room
- Family Room
- Home Office
- Library
- Home Gym
- Pull Down Stairs to Attic
Kitchen
- Convection Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Double Vanity
- Soaking Tub
- Bathtub Includes Tile Surround
Laundry
- Laundry Room
- Laundry in Hall
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
- Natural lighting in basement
Parking
- Garage
- Garage Door Opener
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Morgan County Primary/Elementa Elementary School
- Morgan County Middle School
- Morgan County High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 4
Community Details
Overview
- Property has a Home Owners Association
- Association fees include ground maintenance, swimming, tennis
- Madison Lakes Subdivision
- Community Lake
Recreation
- 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
Jun 17, 2023
Closed on
Oct 11, 2023
Sold by
Skinner James Daniel
Bought by
Banks Miles Leann and Crosby Miles Trenton
Seller's Agent
Valerie Thompson
Ansley RE|Christie's Int'l RE
Buyer's Agent
Leslie Jones
RE/MAX Around Atlanta Realty
List Price
$685,000
Sold Price
$645,000
Premium/Discount to List
-$40,000
-5.84%
Total Days on Market
66
Views
296
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
$64,458
Avg. Annual Appreciation
3.47%
Original Mortgage
$5,484,350
Outstanding Balance
$5,406,963
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
-$4,726,490
Purchase Details
Listed on
Oct 29, 2020
Closed on
Dec 28, 2020
Sold by
Ray Donald David
Bought by
Skinner James Danniel and Skinner Lacy Jo
Seller's Agent
Joe Stockdale
Joe Stockdale Real Estate, LLC
Buyer's Agent
Angie Kitchens
NOT A VALID MEMBER
List Price
$519,000
Sold Price
$507,500
Premium/Discount to List
-$11,500
-2.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$482,125
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 29, 2012
Sold by
Ray David and Ray Mary P
Bought by
Ray Donald D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2009
Sold by
Star Home Builders Inc
Bought by
Ray David and Ray Mary P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,650
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 30, 2006
Sold by
Madison Lakes Llc
Bought by
Star Homes Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.67%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Banks Miles Leann | $645,000 | -- | |
| Skinner James Danniel | $507,500 | -- | |
| Ray Donald D | -- | -- | |
| Ray David | $348,500 | -- | |
| Star Homes Builders Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Banks Miles Leann | $49,681 | |
| Open | Banks Miles Leann | $5,484,350 | |
| Previous Owner | Skinner James Daniel | $350,000 | |
| Previous Owner | Skinner James Danniel | $482,125 | |
| Previous Owner | Ray Donald D | $340,000 | |
| Previous Owner | Ray Donald D | $333,500 | |
| Previous Owner | Ray Donald D | $320,000 | |
| Previous Owner | Ray David | $308,449 | |
| Previous Owner | Ray David | $313,650 | |
| Previous Owner | Star Homes Builders Inc | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2023 10/11/23 | Sold | $645,000 | -5.0% | $109 / Sq Ft |
| 08/22/2023 08/22/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | Price Changed | $679,000 | -0.9% | $114 / Sq Ft |
| 06/17/2023 06/17/23 | For Sale | $685,000 | +35.0% | $115 / Sq Ft |
| 12/28/2020 12/28/20 | Sold | $507,500 | -2.2% | $86 / Sq Ft |
| 11/17/2020 11/17/20 | Pending | -- | -- | -- |
| 10/29/2020 10/29/20 | For Sale | $519,000 | -- | $88 / 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 | $5,698 | $250,109 | $20,000 | $230,109 |
| 2023 | $5,150 | $221,156 | $20,000 | $201,156 |
| 2022 | $5,139 | $212,068 | $20,000 | $192,068 |
| 2021 | $4,986 | $208,068 | $16,000 | $192,068 |
| 2020 | $5,224 | $212,732 | $16,000 | $196,732 |
| 2019 | $5,301 | $212,431 | $16,000 | $196,431 |
| 2018 | $5,184 | $204,762 | $20,000 | $184,762 |
| 2017 | $4,669 | $180,240 | $18,000 | $162,240 |
| 2016 | $4,716 | $180,240 | $18,000 | $162,240 |
| 2015 | $4,052 | $180,240 | $18,000 | $162,240 |
| 2014 | $4,357 | $169,160 | $6,000 | $163,160 |
| 2013 | -- | $133,040 | $4,000 | $129,040 |
Source: Public Records
Agents Affiliated with this Home
-
Valerie Thompson
-
Leslie Jones
Buyer's Agent in 2023
Leslie Jones
RE/MAX
(706) 817-8662
60 Total Sales
-
Joe Stockdale
Seller's Agent in 2020
Joe Stockdale
Joe Stockdale Real Estate, LLC
(678) 634-3360
828 Total Sales
-
William Hornsby
Seller Co-Listing Agent in 2020
William Hornsby
Joe Stockdale Real Estate, LLC
(770) 841-1274
65 Total Sales
-
Buyer's Agent in 2020
Angie Kitchens
NOT A VALID MEMBER
(770) 714-7704
Map
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Source: Georgia MLS
MLS Number: 20129322
APN: 046C048000
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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