NOT LISTED FOR SALE

1060 W Magnolia Loop Madison, GA 30650

Madison Area

Estimated Value: $767,962 - $871,000

6 Beds
4.5 Baths
5,700 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2021

Last sale price $657,700 $115 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,138 / mo

55 Days on Market

Highlights

  • Fitness Center
  • Second Kitchen
  • Clubhouse
  • Morgan County Primary School Rated A-
  • Gated Community
  • Private Lot

About This Home

As of December 2021

Spectacular home with so much space. Meticulously maintained, this 6 BR 4.5 BA home is move in ready. Upgrades abound with extensive millwork, coffered ceilings, vaulted ceilings, hardwood floors, 2 kitchens, wine cellar and more. On a full finished basement with finished bonus room there is plenty of space for family and entertaining. Billiard room, 3 fireplaces and huge back deck, enjoy those football games this fall. 3 car garage. Gated neighborhood with swimming, tennis, clubhouse, lakes. Owner/agent.

Last Agent to Sell the Property

Julie McGinnis

McGinnis Realty & Appraisals License #232620 Listed on: 07/07/2021

Last Buyer's Agent

Scott Alexander

Agents Realty LLC License #315435

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 2007

Lot Details

  • 19,602 Sq Ft Lot
  • Private Lot
  • Open Lot

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Concrete Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • 3 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Game Room
  • Home Gym
  • Keeping Room
  • Pull Down Stairs to Attic
  • Laundry in Mud Room

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub Includes Tile Surround
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Dual Heating Fuel
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

Overview

  • $350 Initiation Fee
  • Association fees include ground maintenance, management fee, swimming, tennis
  • Madison Lakes Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,702

Year Built

Built in 2007

Lot Details

0.45 Acres

HOA Fees

$108 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • GreenEnergyEfficient: Insulation, Thermostat
  • Levels: Two
  • Lot Size Acres: .45
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 5700
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Convection Oven, Cooktop, Dishwasher, Microwave, Other, Oven (Wall), Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 6
  • Dining Room Features: Separate Room
  • Basement: Bath Finished, Concrete, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 2240
  • Total Finished Sq Ft: 3460
  • Above Grade Finished Sq Ft: 3460
  • Interior Amenities: Vaulted Ceiling(s), High Ceilings, Double Vanity, Beamed Ceilings, Two Story Foyer, Other, Pulldown Attic Stairs, Separate Shower, Tile Bath, Walk-In Closet(s), In-Law Floorplan, Master On Main Level
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Second Kitchen, Solid Surface Counters, Walk-in Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Concrete, Stone
  • Lot Features: Open Lot, Private
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Garage Door Opener, Side/Rear Entrance
  • ParkingTotal: 3

Utilities

  • Cooling: Electric, Central Air, Heat Pump, Zoned, Dual
  • Heating: Electric, Central, Heat Pump, Zoned, Dual
  • Laundry Features: In Mud Room
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1290
  • Association: No
  • Community Features: Clubhouse, Gated, Fitness Center, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Initiation Fee: 350
  • Association Fee Includes: Maintenance Grounds, Management Fee, Swimming, Tennis

Schools

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

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4702

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Dec 16, 2021
Sold by
Bought by
Seller's Agent
Julie McGinnis
McGinnis Realty & Appraisals
Buyer's Agent
Scott Alexander
Agents Realty LLC
List Price
$679,000
Sold Price
$657,700
Premium/Discount to List
-$21,300
-3.14%
Current Estimated Value
$822,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,954
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Jun 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$778,500
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Madison, GA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$657,600 --
$340,000 --
-- --
$156,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $227,986
Previous Owner $778,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/16/2021 12/16/21 Sold $657,700 -1.1% $115 / Sq Ft
10/15/2021 10/15/21 Price Changed $665,000 -0.7% $117 / Sq Ft
09/17/2021 09/17/21 Price Changed $669,900 -1.3% $118 / Sq Ft
09/12/2021 09/12/21 For Sale $679,000 0.0% $119 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/13/2021 08/13/21 Price Changed $679,000 -1.5% $119 / Sq Ft
07/07/2021 07/07/21 For Sale $689,000 -- $121 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
Source: Georgia MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,091 $311,390 $20,000 $291,390
2024 $6,192 $289,234 $20,000 $269,234
2023 $5,883 $267,774 $20,000 $247,774
2022 $5,874 $257,535 $20,000 $237,535
2021 $4,659 $191,692 $16,000 $175,692
2020 $4,702 $191,692 $16,000 $175,692
2019 $4,773 $191,472 $16,000 $175,472
2018 $4,813 $190,218 $20,000 $170,218
2017 $4,954 $191,215 $15,600 $175,615
2016 $4,874 $186,202 $20,000 $166,202
2015 $4,533 $171,160 $18,000 $153,160
2014 $4,205 $163,320 $6,000 $157,320
2013 -- $128,960 $4,000 $124,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9010315

Georgia MLS

APN: 046C049000

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