NOT LISTED FOR SALE

1080 W Magnolia Loop Madison, GA 30650

Estimated Value: $652,713 - $936,000

4 Beds
4.5 Baths
4,547 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $359,000 $79 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,556/month

72 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Community Lake
  • Morgan County Primary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of May 2013

Lots of space combined with great architectual details at terrific price makes this a must see! Natural lighting floods through windows illuminating the beauty of the living spaces; greatroom perfect for relaxing or entertaining and a kitchen to die for with a breakfast area and keeping room with a fireplace. In addition to loads of cabinetry topped with designer granite this kitchen includes a butler's pantry and a walk-in pantry. Step out onto a low maintainence composite deck to enjoy outdoor living and views of natural landscape. Owner's suite is on main level with a luxurious bath. Upstairs also includes a bonus room that is well...truly a bonus. Casual Elegance - Peaceful Beauty--Home

Last Agent to Sell the Property

Beth Erwin

Southern Classic, REALTORS License #217470 Listed on: 02/11/2013

Southern Classic, REALTORS

Last Buyer's Agent

Jeanne Dufort

Coldwell Banker Lake Oconee License #284620

Coldwell Banker Lake Oconee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,662

Year Built

  • Built in 2007

Lot Details

  • 0.41 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof

Interior Spaces

  • 4,547 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Chandelier
  • Factory Built Fireplace
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot N5A G7

Community Details

Overview

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

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,662

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Golf Comm Home
  • Architectural Style: Traditional
  • Property Status: Standard Listing
  • Property Features: Paved Driveway
  • Location: Rural
  • Subdivision: MADISON LAKES
  • Directions: 1.5 Miles South on 441 after crossing I20 and take right in community. 1st right through guard gate and house is on the left.
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Wood
  • Room Features: Breakfast Bar, Built-Ins, Cathedral Ceilings, Chandelier, Coffered Ceiling, Crown Moldings, Dual Sinks, Garden Tub, Granite Countertops, Island, Pantry, Prefab Fireplace, Separate Shower, Trey Ceiling, Vaulted Ceiling, Wainscotting, Walk-In Closet
  • Appliances: Built in Microwave, Dishwasher, Garbage Disposal, Microwave, Vent Hood
  • Interior Amenities: Security System, Smoke Detector
  • Levels W O Basement: 2 Story
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Other Rooms: Foyer, Pantry
  • Estimated Heated Sq Ft: 4547

Exterior Features

  • Exterior: Hardy Board
  • Exterior Features: Covered Deck, Covered Porch, Deck
  • Roof: Asphalt/Comp Shingle
  • Substructure: Daylight Basement, Full Basement

Garage/Parking

  • Garage: 3 Car Attached, Garage

Utilities

  • Air Conditioner: Central Electric
  • Gas: Natural
  • Heat: Central, Gas
  • Sewer: Commercial System
  • Tv Cable Communications: DSL, Satellite Dish
  • Water Heater: Gas

Association/Amenities

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

Condo/Co-op/Association

  • Property Owners Assoc: 1000
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: N5A G7
  • Estimated Number of Acres: 0.41
  • Deed Page: 508, 151
  • General Zoning Class: Residential
  • Topography: Gentle Slope, Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
May 31, 2013
Sold by
Banksouth
Bought by
Outlaw Jace Elbert and Outlaw Vanessa E
Seller's Agent
Beth Erwin
Southern Classic, REALTORS
Buyer's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
List Price
$379,900
Sold Price
$359,000
Premium/Discount to List
-$20,900
-5.5%
Current Estimated Value
$780,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,178
Avg. Annual Appreciation
6.45%
Original Mortgage
$339,000
Outstanding Balance
$239,852
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$540,326

Purchase Details

Closed on
Nov 28, 2012
Sold by
Pittard Susan P
Bought by
Banksouth

Purchase Details

Closed on
May 26, 2010
Sold by
State Bank & Trust Company
Bought by
Pittard M Tarlton and Pittard Susan P

Purchase Details

Closed on
Jan 5, 2010
Sold by
Star Homes Builders Inc
Bought by
State Bank & Trust Company

Purchase Details

Closed on
Aug 30, 2006
Sold by
Madison Lakes Llc
Bought by
Star Homes Builders Inc
Source: Public Records

Range of Values:

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Sold Price
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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
Outlaw Jace Elbert $359,000 --
Banksouth -- --
Pittard M Tarlton $425,000 --
State Bank & Trust Company -- --
Star Homes Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Outlaw Jace Elbert $339,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $359,000 -5.5% $79 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $379,900 -- $84 / Sq Ft
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 $5,662 $250,520 $20,000 $230,520
2023 $5,352 $229,741 $20,000 $209,741
2022 $5,328 $219,823 $20,000 $199,823
2021 $5,252 $215,823 $16,000 $199,823
2020 $5,300 $215,823 $16,000 $199,823
2019 $5,387 $215,823 $16,000 $199,823
2018 $5,416 $213,838 $20,000 $193,838
2017 $5,585 $215,565 $15,600 $199,965
2016 $5,419 $206,805 $20,000 $186,805
2015 $5,108 $190,640 $18,000 $172,640
2014 $3,743 $192,680 $6,000 $186,680
2013 -- $151,600 $4,000 $147,600
Source: Public Records

Agents Affiliated with this Home

  • Beth Erwin

    Seller's Agent in 2013

    Beth Erwin

    Southern Classic, REALTORS

    (404) 202-6950

    15 in this area

    51 Total Sales

    Beth Erwin
    Section Image
  • Jeanne Dufort

    Buyer's Agent in 2013

    Jeanne Dufort

    Coldwell Banker Lake Oconee

    (770) 330-9040

    14 in this area

    96 Total Sales

    Jeanne Dufort
    Section Image
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Map

Source: Lake Country Board of REALTORS®

MLS Number: 33533

Lake Country Board of REALTORS®

APN: 046C051000

Georgia Morgan County Madison 30650

1080 W Magnolia Loop, Madison, GA

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