$100,000
SOLD JUN 25, 2025

108 Magnolia Plantation Trace Hinesville, GA 31313

2 Beds
2 Baths
985 Sq Ft
$250/mo HOA Fee

Recently Sold

$102 Per Sq Ft

17% Below List Price

49 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2025

Great condition. Investment property. Tenant in place. Discover the perfect opportune property at 108 Magnolia Plantation Trace in Hinesville, GA—an exceptional opportunity for investors! This tenant-occupied gem features an upstairs unit, 2 bedrooms and 2 bathrooms, offering comfort and convenience in a prime location. Situated just moments away from Fort Stewart Gate 1, it provides unbeatable access to local amenities. Step outside to a charming back deck, ideal for relaxing or entertaining, complemented by a separate attached storage room for added functionality. Whether you're building your portfolio or starting your real estate journey, this property promises strong potential and appeal.

Last Agent to Sell the Property

Jimmy Shanken

Coldwell Banker Southern Coast License #253889 Listed on: 04/23/2025

Coldwell Banker Southern Coast

Co-Listed By

Brigitte Shanken

Coldwell Banker Southern Coast License #332934

Last Buyer's Agent

Kathrin Egner

Ace Real Estate Services LLC License #338217

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1998

Lot Details

  • 871 Sq Ft Lot

HOA Fees

  • $250 Monthly HOA Fees

Interior Spaces

  • 985 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Button Gwinnett Elementary School
  • Snelson Golden Middle School
  • Bradwell High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Magnoliatace Condo Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 055C078

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,845

Year Built

Built in 1998

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • GarageYN: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Year Built: 1998
  • ResoLaundryFeatures: Laundry Room
  • Co List Office Mls Id: 366
  • Co List Office Phone: 912-368-4300
  • Ownership: Investor
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: MagnoliaTace Condo
  • Architectural Style: Other
  • Entry Level: 2
  • Property Attached Yn: No
  • Property Sub Type Additional: Townhouse
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Waterfront: No
  • Acres: 0.02
  • Construction Type: Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Snelson Golden

Lot Info

  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 871.0
  • Parcel Number: 055C078
  • ResoLotSizeUnits: Acres
  • Zoning Description: Multi Family

Rental Info

  • Tenant Pays: Electricity

MLS Schools

  • Elementary School: Button Gwinnett
  • HighSchool: Bradwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
Jun 24, 2025
Sold by
Duncan Gareth V
Bought by
Madia John Joseph
Seller's Agent
Jimmy Shanken
Coldwell Banker Southern Coast
Buyer's Agent
Kathrin Egner
Ace Real Estate Services LLC
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Views
330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
671.82%

Purchase Details

Closed on
May 22, 2017
Sold by
Floyd Dianne Robinson
Bought by
Duncan Gareth V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,313
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2008
Sold by
Myers Sarah M Darsey
Bought by
Robinson Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
Pinckney Andrew M
Bought by
Darsey Sarah M and Myers James D

Purchase Details

Closed on
Dec 17, 1998
Sold by
Pickney Andrew M
Bought by
Pinckney Ii Andrew M
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
Limited Warranty Deed $100,000 --
Warranty Deed $49,750 --
Deed $64,000 --
Warranty Deed $60,000 --
Deed -- --
Deed $51,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $37,313 New Conventional
Previous Owner $64,000 New Conventional
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Sold $100,000 -16.6% $102 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $119,900 -- $122 / Sq Ft
Source: Savannah Multi-List Corporation

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 $1,845 $37,315 $2,000 $35,315
2023 $1,845 $26,742 $2,000 $24,742
2022 $1,049 $22,229 $2,000 $20,229
2021 $842 $17,437 $2,000 $15,437
2020 $859 $17,627 $2,000 $15,627
2019 $861 $17,818 $2,000 $15,818
2018 $866 $18,008 $2,000 $16,008
2017 $599 $18,199 $2,000 $16,199
2016 $842 $18,390 $2,000 $16,390
2015 $1,083 $18,390 $2,000 $16,390
2014 $1,083 $23,513 $2,000 $21,513
2013 -- $19,380 $2,000 $17,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 329784

Savannah Multi-List Corporation

APN: 055C-078