NOT LISTED FOR SALE

1070 W Magnolia Loop Madison, GA 30650

Estimated Value: $563,000 - $685,000

6 Beds
5.5 Baths
4,636 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $422,500 $91 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,828/month

210 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Deck
  • Morgan County Primary School Rated A-
  • Clubhouse
  • Family Room with Fireplace

About This Home

As of September 2017

This 6 BR 5.5 BA 4-sided brick home is truly incomparable in the Madison Lakes gated neighborhood. This home sits on a finished basement with a 2nd kitchen, 2 BR & 2 full BA, & a separate entrance from the outside. With a full upgrade package including granite countertops, solid oak doors, whirlpool tub, trey ceilings, & more, you’ll see that there is no other home like this one in the neighborhood for the price. Walk through the front door into the 2 story foyer, greeted by the elegant dining room with coffered ceilings & huge windows. The living room feels spacious and bright with its vaulted ceilings, beautiful hardwoods, & a grand fireplace. Don’t forget the Madison Lakes lifestyle that’s included: swimming, tennis, workout facility, playground, & more!

Last Agent to Sell the Property

Rhonda Smith

NOT A VALID MEMBER License #330071 Listed on: 02/09/2017

NOT A VALID MEMBER

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,331

Year Built

  • Built in 2006

Lot Details

  • 0.41

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,636 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling height of 9 feet on the main level
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Finished Basement
  • Natural lighting in basement
  • Laundry in Kitchen

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities

Additional Features

  • Deck
  • Level Lot

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 046C050000

Community Details

Overview

  • 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

$4,331

Year Built

Built in 2006

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: Bookcases, High Ceilings 9 ft Main, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Finished
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen, Pantry, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Office, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4636.00

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Kitchen
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Fitness Center, Gated, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Master Association Fee: 1000
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Madison Lakes

Schools

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

Lot Info

  • Lot: 6
  • Land/Lot: 5
  • Deed Book: 439
  • Deed Page: 512
  • Plat Book: 39
  • Plat Page: 10
  • Lot Features: Level, Sloped
  • Lot Dimensions: 0.41 acres
  • Parcel Number: 046C050000
  • Property Attached Yn: No

Tax Info

  • Taxes: 4331.00
  • Assessor Parcel Number: 046C050000
  • Close Date: 2017-09-29
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Sep 29, 2017
Sold by
Ocallaghan Denis Kevin
Bought by
Rooks James S and Rooks Christa
Seller's Agent
Rhonda Smith
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$450,000
Sold Price
$422,500
Premium/Discount to List
-$27,500
-6.11%
Total Days on Market
210
Current Estimated Value
$633,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,259
Avg. Annual Appreciation
5.39%
Original Mortgage
$338,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2007
Sold by
Brightwood Homes Llc
Bought by
Ocallaghan Denis Kevin and Ocallaghan Gillian Ann

Purchase Details

Closed on
Sep 18, 2006
Sold by
Madison Lakes Llc
Bought by
Brightwood Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.67%
Mortgage Type
New Conventional
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
Rooks James S $422,500 --
Ocallaghan Denis Kevin $480,000 --
Brightwood Homes Llc $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rooks James S $54,769
Open Rooks James S $329,000
Closed Rooks James S $338,000
Previous Owner Brightwood Homes Llc $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $422,500 0.0% $91 / Sq Ft
09/29/2017 09/29/17 Sold $422,500 -6.1% $91 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
09/06/2017 09/06/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $450,000 -4.1% $97 / Sq Ft
01/16/2017 01/16/17 For Sale $469,000 0.0% $101 / Sq Ft
01/17/2013 01/17/13 Rented $1,900 -5.0% --
12/18/2012 12/18/12 Under Contract -- -- --
08/26/2012 08/26/12 For Rent $2,000 -- --
Source: First Multiple Listing Service (FMLS)

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 $4,569 $202,535 $20,000 $182,535
2023 $4,361 $187,586 $20,000 $167,586
2022 $4,366 $180,478 $20,000 $160,478
2021 $4,286 $176,478 $16,000 $160,478
2020 $4,325 $176,478 $16,000 $160,478
2019 $4,396 $176,478 $16,000 $160,478
2018 $4,270 $175,673 $20,000 $155,673
2017 $4,665 $180,084 $15,600 $164,484
2016 $4,332 $175,731 $20,000 $155,731
2015 $3,649 $148,440 $18,000 $130,440
2014 $3,334 $140,400 $6,000 $134,400
2013 -- $110,720 $4,000 $106,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5803665

First Multiple Listing Service (FMLS)

APN: 046C050000