NOT LISTED FOR SALE

1060 E Magnolia Loop Madison, GA 30650

Estimated Value: $564,000 - $590,000

4 Beds
3.5 Baths
3,126 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 14, 2025

Last sale price $581,000 $186 Per Sq Ft

Current estimated payment $3,659/month

2 Days on Market

Highlights

  • Gated Community
  • Craftsman Architecture
  • Wood Flooring
  • Morgan County Primary School Rated A-
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of March 2025

Welcome home to this beautifully maintained 4bd/3.5 bath home located in the desirable Madison Lakes subdivision. A grand two story entrance makes quite a statement as you enter the foyer. Throughout the main level you will find hardwood flooring and plantation shutters. The spacious family room features a cozy gas fireplace and built-ins. Enjoy meals in the large kitchen with breakfast bar or in the separate dining room. Kitchen has granite countertops, stainless appliances, backsplash, gas cooktop and pantry. The owner's suite is located on the main level. The en-suite bath features a soaking tub, shower, dual sinks and a large walk in closet. Three additional bedrooms are located upstairs. There is ample storage in the walk in attic. Enjoy the outdoors on the covered back porch and patio overlooking a private backyard. Gated community conveniently located close to shopping, dining and only minutes to I-20.

Last Agent to Sell the Property

Karen Hollis

Connie R. Ham Middle Ga Realty, Inc License #251779 Listed on: 02/24/2025

Last Buyer's Agent

Brokered Agent

Brokered Sale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,826

Year Built

  • Built in 2004

Lot Details

  • 1.03 Acre Lot
  • Private Yard

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Composition Roof
  • Cement Siding
  • Stone

Interior Spaces

  • 3,126 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Plantation Shutters
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Storage In Attic

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry in Hall
  • Washer and Dryer Hookup

Outdoor Features

  • Covered patio or porch

Schools

  • Morgan Elementary School
  • Morgan County Middle School
  • Morgan County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 046c009

Community Details

Overview

  • Madison Lakes Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,826

Year Built

Built in 2004

Lot Details

0

HOA Fees

$98 per month

Listing Details

  • FILLACRES: 1.03
  • Estimated Total Sq Ft: 3126.00
  • Architectural Style: Craftsman
  • Directions: Use GPS.I-20 to Exit 114. South on Hwy 441. Turn right into Madison Lakes. No sign in yard per HOA.
  • Handicap Features: No
  • LANDLEASE: No
  • Unit Levels: Two
  • Listing Member Name: Karen Hollis
  • Listing Office Short Id: o24
  • OCCUPANCY: Owner
  • Open House Office I D: 20190112181026300737000000
  • Parking Features Number Of Garage Spaces: 2
  • Plat Book: 33
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Selling Financing: Conventional
  • Selling Member Short Id: 423_14_802
  • Selling Office Short Id: o14
  • Assessor Parcel Number: 046c009
  • Year Built: 2004
  • Estimated Total Finished Sq Ft: 3126.00
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Electric Water Heater, Gas Cooktop, Microwave, Range Hood
  • Estimated Main Sq Ft: 3126.00
  • Has Basement: No
  • Basement Features: Crawl Space
  • Lower Floor 1 Bedrooms: 4
  • Dining Room Type: Separate
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Flooring: Ceramic Tile, Hardwood
  • Lower Floor 1 Half Bathrooms: 1
  • Interior Amenities: Attic Storage, Bookcases, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, Fireplace, Garden Tub, High Ceilings 10' ft Main, Pantry, W/D Connection, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Other Surface Counters
  • New Construction: No
  • Fireplaces: 1
  • Other Equipment: Cable
  • Lower Floor 1 Bedrooms: Kitchen, Master Bedroom
  • Total Bathrooms: 4.00
  • Window Features: Insulated Windows, Plantation Shutters

Exterior Features

  • Construction Type: Cement Siding, Stone
  • Dock: None
  • Exterior Features: Private Yard
  • Foundation: Block
  • Lot Number: 9
  • On Golf Course: No
  • Patio And Porch Features: Back, Covered, Front Porch, Patio, Rear Porch
  • Pool Features: None
  • Private Pool: No
  • Property Condition: Resale
  • Roof Type: Composition
  • Waterfront: No

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: In Hall, Laundry Room
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1175.00
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Clubhouse, Gated, Playground, Pool, Tennis Court(s)

Schools

  • Elementary School: Morgan Elementary
  • Middle School: Morgan County
  • High School: Morgan County
  • Elementary School: Morgan Elementary
  • High School: Morgan County
  • Middle School: Morgan County

Lot Info

  • Deed Page: 886
  • Horse Amenities: None
  • Land Lease Purchase: No
  • Plat Page: 13

Tax Info

  • Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Mar 14, 2025
Sold by
Tanner Thomas E
Bought by
Basarab Caroline Eileen and Basarab Stephan
Seller's Agent
Karen Hollis
Connie R. Ham Middle Ga Realty, Inc
Buyer's Agent
Brokered Agent
Brokered Sale
List Price
$589,000
Sold Price
$581,000
Premium/Discount to List
-$8,000
-1.36%
Total Days on Market
2
Views
18
Current Estimated Value
$580,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$615
Avg. Annual Appreciation
-0.41%
Original Mortgage
$331,000
Outstanding Balance
$330,722
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$249,663

Purchase Details

Closed on
Jun 24, 2011
Sold by
Carter R Lance
Bought by
Tanner Thomas E

Purchase Details

Closed on
Dec 16, 2004
Sold by
Crooked Creek Homes Inc
Bought by
Carter R Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2004
Sold by
Crooked Creek Homes Inc
Bought by
Carter R Lance and Carter Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Madison Lakes Llc
Bought by
Crooked Creek Homes Inc
Source: Public Records

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Range of Values:

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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
Basarab Caroline Eileen $581,000 --
Tanner Thomas E $273,000 --
Carter R Lance $342,000 --
Carter R Lance $342,000 --
Crooked Creek Homes Inc $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basarab Caroline Eileen $331,000
Previous Owner Homes Unlimited Of Madison Llc $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $581,000 -1.4% $186 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $589,000 -- $188 / Sq Ft
Source: Middle 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
2024 $3,826 $169,921 $21,600 $148,321
2023 $3,583 $154,460 $21,600 $132,860
2022 $3,549 $147,081 $21,600 $125,481
2021 $3,426 $141,481 $16,000 $125,481
2020 $3,458 $141,481 $16,000 $125,481
2019 $3,514 $141,481 $16,000 $125,481
2018 $3,495 $138,705 $20,000 $118,705
2017 $3,578 $138,117 $15,600 $122,517
2016 $3,439 $131,978 $20,000 $111,978
2015 $3,216 $122,000 $18,000 $104,000
2014 $3,119 $121,640 $6,000 $115,640
2013 -- $94,360 $4,000 $90,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Middle Georgia MLS

MLS Number: 178436

Middle Georgia MLS

APN: 046C009000