NOT LISTED FOR SALE

1051 W Magnolia Loop Madison, GA 30650

Estimated Value: $632,877 - $768,000

5 Beds
4.5 Baths
4,277 Sq Ft
$165/Sq Ft Est. Value

Highlights

  • Golf Course Community
  • Fitness Center
  • Deck
  • Morgan County Primary School Rated A-
  • Community Lake
  • Family Room with Fireplace

About This Home

As of February 2015

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.

Last Agent to Rent the Property

Chris Hodges

Madison Realty License #174216 Listed on: 02/19/2015

Last Renter's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.51 Acre Lot
  • Open Lot
  • Sprinkler System

Home Design

  • Traditional Architecture
  • Brick Frame
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Keeping Room
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Patio

Schools

  • Morgan County Primary/Elementa Elementary School
  • Morgan County Middle School
  • Morgan County High School

Utilities

  • Cooling Available
  • Forced Air Zoned Heating System
  • Dual Heating Fuel
  • Heat Pump System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • 12-Month Minimum Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance
  • Madison Lakes Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Lease Termsin Months: 12

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2007
  • ArchitecturalStyle: Brick/Frame, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: LEASE
  • GreenEnergyEfficient: Insulation
  • Levels: Two
  • Lot Size Acres: .51
  • Property Sub-Type: Single Family Residence
  • Min Rental Period Months: 12
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dryer, Cooktop, Dishwasher, Disposal, Ice Maker, Oven (Wall), Refrigerator
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Daylight, Interior Entry, Exterior Entry, Full
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Pulldown Attic Stairs, Master On Main Level
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Room
  • Other Equipment: Intercom

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Sprinkler System
  • Lot Features: Open Lot
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage
  • ParkingTotal: 3

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Central, Forced Air, Zoned, Dual
  • Security Features: Security System, Smoke Detector(s)
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Golf, Lake, Fitness Center, Playground, Pool, Street Lights, Tennis Court(s)

Fee Information

  • Fee Paid: Yes
  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Morgan County Primary/Elementa
  • High School: Morgan County
  • High School Bus: Yes
  • Middle School: Morgan County
  • Middle School Bus: Yes

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • Elementary Bus Line: Yes

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
$705,219

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
$137,588
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$567,631

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2015 02/19/15 Rented $1,800 0.0% --
02/19/2015 02/19/15 For Rent $1,800 -- --
Source: Georgia MLS

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
2025 $5,248 $234,183 $20,000 $214,183
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

  • Chris Hodges

    Landlord's Agent in 2015

    Chris Hodges

    Madison Realty

    (706) 474-0947

    99 in this area

    159 Total Sales

    Chris Hodges
    Section Image
  • Glenda Broker

    Tenant's Agent in 2015

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 7406143

Georgia MLS

APN: 046C072000

Georgia Morgan County Madison 30650

1051 W Magnolia Loop, Madison, GA

Not Listed for Sale

Detached

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