NOT LISTED FOR SALE

1051 W Magnolia Loop Madison, GA 30650

Estimated Value: $622,000 - $688,000

5 Beds
5 Baths
3,890 Sq Ft
$168/Sq Ft Est. Value

About This Home

Traditional and Elegant.. this home has it all. Located in popular Madison Lakes gated community, this home has 5/6 Bedrooms, 4.5 baths, gourmet kitchen, formal dining room, keeping room off kitchen, great room, 2 fireplaces, large master suite on main floor, coffered 9+ ft ceilings, built in bookcases and cabinets, bonus room above 2 car garage, hardwood floors throughout and walk out unfinished basement. Credit and background check. Tenant responsible for subdivision dues of $1,000/year.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2017
Sold by
Dhiru Patel
Bought by
Bhatwala Himanshu and Bhatwala Alpa
Current Estimated Value
$654,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$149,860
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$504,667

Purchase Details

Closed on
Nov 12, 2015
Sold by
Weaver Heather P
Bought by
Patel Dhiru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,800
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2009
Sold by
Northeast Georgia Bank
Bought by
Weaver Heather P and Weaver Russell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2009
Sold by
Star Home Builders Inc
Bought by
Northeast Georgia Bank

Purchase Details

Closed on
Aug 30, 2006
Sold by
Madison Lakes Llc
Bought by
Star Homes Builders Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Bhatwala Himanshu $350,000 --
Patel Dhiru $343,500 --
Weaver Heather P $360,000 --
Northeast Georgia Bank -- --
Star Homes Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatwala Himanshu $272,000
Previous Owner Patel Dhiru $274,800
Previous Owner Weaver Heather P $280,000
Previous Owner Weaver Heather P $251,000
Previous Owner Weaver Heather P $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2015 02/19/15 Rented $1,800 0.0% --
02/19/2015 02/19/15 For Rent $1,800 -- --

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 $4,771 $209,381 $20,000 $189,381
2023 $4,514 $192,097 $20,000 $172,097
2022 $4,346 $177,678 $20,000 $157,678
2021 $4,266 $173,678 $16,000 $157,678
2020 $4,305 $173,678 $16,000 $157,678
2019 $4,375 $173,678 $16,000 $157,678
2018 $3,580 $172,808 $20,000 $152,808
2017 $4,706 $181,645 $15,600 $166,045
2016 $3,635 $174,807 $20,000 $154,807
2015 $4,654 $173,680 $18,000 $155,680
2014 $4,202 $161,200 $6,000 $155,200
2013 -- $127,000 $4,000 $123,000
Source: Public Records

Agents Affiliated with this Home

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