$422,500
SOLD SEP 29, 2017

1070 W Magnolia Loop Madison, GA 30650

6 Beds
5.5 Baths
4,636 Sq Ft
0.41 Acres

Recently Sold

$91 Per Sq Ft

10% Below List Price

233 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Lake
  • Morgan County Primary School Rated A-
  • Landscaped Professionally
  • Clubhouse

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

Keller Williams Realty Lake Oconee License #330071 Listed on: 01/16/2017

Keller Williams Realty Lake Oconee

Last Buyer's Agent

Selling Agent Non-Member

NON MLS MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 2007

Lot Details

  • 0.41 Acre Lot
  • Landscaped Professionally
  • Gentle Sloping Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,636 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Fireplace Features Masonry
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 046C 050

Community Details

Overview

  • Property has a Home Owners Association
  • Madison Lakes Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,569

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Residential Home
  • Architectural Style: Traditional
  • Property Status: Standard Listing
  • Property Features: Paved Driveway, Paved Walkway, Professional Landscaping
  • Location: Rural
  • Subdivision: MADISON LAKES
  • Directions: From I-20, take exit 114 and turn south onto Hwy 441. in 1.5 miles, turn right into Madison Lakes neighborhood, through security gate, and first right at the round about. The home will be a few down on your left.
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Room Features: Bay Window, Breakfast Bar, Built-Ins, Coffered Ceiling, Dual Sinks, French Doors, Granite Countertops, Jetted Tub, Masonry Fireplace, Multiple Fireplace, Separate Shower, Solid Surface Counters, Trey Ceiling, Vaulted Ceiling, Walk-In Closet, Wet Bar, Granite
  • Appliances: Cook Top, Dishwasher, Dryer, Refrigerator, Wall Oven, Washer, StainlessSteel Appliances
  • Interior Amenities: Smoke Detector
  • Levels W O Basement: 2 Story
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Other Rooms: Foyer, In-Law Suite, Office, Recreation Room, Storage
  • Estimated Heated Sq Ft: 4636

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck
  • Roof: Asphalt/Comp Shingle
  • Substructure: Daylight Basement, Outside Entrance, Partial Finished Basement

Garage/Parking

  • Garage: 3 Car Attached, Garage

Utilities

  • Air Conditioner: Central Electric
  • Heat: Central, Electric
  • Sewer: County
  • Tv Cable Communications: Cable, Cable Internet, Satellite Dish
  • Water Heater: Electric

Association/Amenities

  • Community Features: Clubhouse, Gated, Gym/Exercise Facility, Playground, Pool, Tennis Courts, Community Lake/Pond

Condo/Co-op/Association

  • Property Owners Assoc: 1000.00
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 6
  • Plat Page: 39, 10
  • Estimated Number of Acres: 0.41
  • Deed Page: 439, 512
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Assessor Parcel Number: 046C 050
  • Topography: Gentle Slope

Tax Info

  • Last Years Taxes: 4331.00

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%
Current Estimated Value
$645,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,618
Avg. Annual Appreciation
5.31%
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 Type Sale Price Title Company
Warranty Deed $422,500 --
Deed $480,000 --
Deed $156,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $54,769 Commercial
Open $329,000 New Conventional
Closed $338,000 New Conventional
Previous Owner $392,000 New Conventional
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: Lake Country Board of REALTORS®

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: Lake Country Board of REALTORS®

MLS Number: 45978

Lake Country Board of REALTORS®

APN: 046C050000