$385,000
SOLD JUN 30, 2016

1091 W Magnolia Loop Madison, GA 30650

4 Beds
4 Baths
3,073 Sq Ft
0.54 Acres

Recently Sold

$125 Per Sq Ft

4% Below List Price

100 Days on Market

Highlights

  • Community Lake
  • Multiple Fireplaces
  • Cathedral Ceiling
  • Morgan County Primary School Rated A-
  • Traditional Architecture
  • Wood Flooring

About This Home

As of September 2024

Great one story design with 4 bedrooms, 4 baths plus large bonus room. Full, unfinished basement with potential for more space. Gourmet kitchen opens to comfy keeping room, breakfast room with abundant windows. Outdoor living space with screened porch with second fireplace and second porch with access from family room and master suite.

Last Agent to Sell the Property

Lynda Jarvis

Madison Realty Inc License #145817 Listed on: 02/17/2016

Last Buyer's Agent

Kelly Lanier

McGinnis Realty and Appraisal License #359020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,051

Year Built

  • Built in 2014

Lot Details

  • 0.54 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof
  • Stone Exterior Construction
  • Cedar

Interior Spaces

  • 3,073 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Factory Built Fireplace
  • Screened Porch
  • Natural lighting in basement

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 046C 068

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,051

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Residential Home
  • Architectural Style: Traditional
  • Property Status: Standard Listing
  • Location: Rural
  • Subdivision: MADISON LAKES
  • Directions: From downtown Madison, take 441 south, across interstate and approx 3 miles subdivision on right.
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Room Features: Cathedral Ceilings, Dual Sinks, Multiple Fireplace, Prefab Fireplace, Separate Shower, Walk-In Closet
  • Appliances: Dishwasher, Microwave, Range, Vent Hood
  • Levels W O Basement: 1 Story
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Basement: Yes
  • Estimated Heated Sq Ft: 3073

Exterior Features

  • Exterior: Cedar, Hardy Board, Stone
  • Exterior Features: Covered Porch, Screened Porch
  • Roof: Asphalt/Comp Shingle
  • Substructure: Daylight Basement
  • Water Or Water View: Community Lake

Garage/Parking

  • Garage: 2 Car Attached

Utilities

  • Air Conditioner: Central Electric, Heat Pump
  • Heat: Central, Heat Pump
  • Sewer: County

Association/Amenities

  • Community Features: Pool, Tennis Courts

Condo/Co-op/Association

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

Lot Info

  • Lot Number: 24
  • Estimated Number of Acres: 0.54
  • Deed Page: 534 360
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Phase: I
  • Assessor Parcel Number: 046C 068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Sep 4, 2024
Sold by
Ward William H
Bought by
West Claxton
Seller's Agent
Michelle Tilson
Self Property Advisors
Buyer's Agent
Robin Woodall
Cottage Door Realty
List Price
$654,900
Sold Price
$635,000
Premium/Discount to List
-$19,900
-3.04%
Views
62
Current Estimated Value
$672,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,862
Avg. Annual Appreciation
6.17%
Original Mortgage
$400,000
Outstanding Balance
$397,412
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$273,521

Purchase Details

Listed on
Feb 17, 2016
Closed on
Jun 30, 2016
Sold by
Friesen Von
Bought by
Ward William H and Ward Christina M
Seller's Agent
Lynda Jarvis
Madison Realty Inc
Buyer's Agent
Kelly Lanier
McGinnis Realty and Appraisal
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$365,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2014
Sold by
Cathey Ryan
Bought by
Friesen Von and Friesen Jennifer Christy

Purchase Details

Closed on
Dec 17, 2013
Sold by
Smith Scott
Bought by
Cathey Ryan

Purchase Details

Closed on
Mar 16, 2010
Sold by
Northeast Georgia Bank
Bought by
Smith Scott and Smith Dana

Purchase Details

Closed on
May 5, 2009
Sold by
Star Home Builders Inc
Bought by
Northeast Georgia Bank

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,035,500
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 $635,000 --
Warranty Deed $385,000 --
Warranty Deed -- --
Warranty Deed $26,500 --
Deed $22,500 --
Foreclosure Deed -- --
Deed $390,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $388,000 Cash
Previous Owner $365,750 New Conventional
Previous Owner $2,035,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $635,000 -3.0% $109 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $654,900 +70.1% $113 / Sq Ft
06/30/2016 06/30/16 Sold $385,000 -3.7% $125 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $399,900 -- $130 / 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 $5,051 $223,689 $20,000 $203,689
2023 $4,873 $209,344 $20,000 $189,344
2022 $3,867 $160,088 $20,000 $140,088
2021 $3,785 $156,088 $16,000 $140,088
2020 $3,820 $156,088 $16,000 $140,088
2019 $3,882 $156,088 $16,000 $140,088
2018 $3,933 $155,818 $20,000 $135,818
2017 $4,032 $155,627 $15,600 $140,027
2016 $4,009 $151,520 $20,000 $131,520
2015 $2,818 $105,160 $18,000 $87,160
2014 $156 $6,000 $6,000 $0
2013 -- $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 42987

Lake Country Board of REALTORS®

APN: 046C068000