NOT LISTED FOR SALE

1101 E Magnolia Loop Madison, GA 30650

Estimated Value: $716,000 - $886,000

5 Beds
6 Baths
5,800 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 09, 2012

Last sale price $315,000 $54 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $4,613/month

7 Days on Market

Highlights

  • Boat Dock
  • Golf Course Community
  • Fitness Center
  • Morgan County Primary School Rated A-
  • Access To Lake
  • Gated Community

About This Home

As of May 2012

WHAT A BUY! MADISON LAKES...MUST SEE! SPACIOUS HOME LOCATED IN A GATED GOLF COMMUNITY WITH MANY AMENITIES. 2 STORY GREAT ROOM WITH FIREPLACE, KITCHEN WITH GRANITE & BREAKFAST ROOM, FULLY FNISHED BASEMENT WITH LIVING ROOM, FIREPLACE, OFFICE AND 5TH BEDROOM WITH FULL BATH. TOO MANY FEATURES TO LIST! SOLD "AS IS" - NO PROPERTY DISCLOSURE.

Last Agent to Sell the Property

Lynda Jarvis

Madison Realty Inc License #145817 Listed on: 04/30/2012

Co-Listed By

Chris Hodges

Madison Realty Inc License #174216

Last Buyer's Agent

The Vining Group At Keller Williams Lo

Keller Williams Realty Lake Oconee

Keller Williams Realty Lake Oconee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,005

Year Built

  • Built in 2005

Lot Details

  • 1.25 Acre Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 5,800 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Factory Built Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number LL 153 & 186

Community Details

Overview

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

Recreation

  • Boat Dock
  • Golf Course Community
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,005

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Golf Comm Home
  • Architectural Style: Traditional
  • Property Status: Standard Listing
  • Property Features: Circular Drive, Paved Driveway, Paved Walkway
  • Location: Rural
  • Subdivision: MADISON LAKES
  • Directions: 441 SOUTH, APPROX 1.5 MILES FROM INTERESTATE. ENTER GATE AND TAKE 2ND LEFT PAST ROUND A BOUT ONTO EAST MAGNOLIA.
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Wood
  • Room Features: Breakfast Bar, Built-Ins, Cathedral Ceilings, Crown Moldings, Dual Sinks, Gas Logs, Granite Countertops, Insert, Jetted Tub, Prefab Fireplace, Granite
  • Appliances: Built in Microwave, Cook Top, Dishwasher, Double Ovens, Garbage Disposal, Microwave, Wall Oven
  • Interior Amenities: Security System, Smoke Detector
  • Levels W O Basement: 2 Story
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Estimated Heated Sq Ft: 5800

Exterior Features

  • Dock: Common
  • Exterior: Brick, Hardy Board
  • Exterior Features: Covered Porch, Deck
  • Lake Access: Subdivision Access
  • Roof: Asphalt/Comp Shingle
  • Substructure: Daylight Basement, Full Finished Basement, Outside Entrance
  • Water Or Water View: Community Lake

Garage/Parking

  • Garage: 3 Car Attached

Utilities

  • Air Conditioner: Central Electric
  • Gas: Natural
  • Heat: Gas
  • Sewer: Septic
  • Water Heater: Gas

Association/Amenities

  • Community Features: Clubhouse, Gated, Gym/Exercise Facility, Playground, Pool

Condo/Co-op/Association

  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 16
  • Estimated Number of Acres: 1.25
  • General Zoning Class: Residential
  • Assessor Parcel Number: LL 153 & 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2012
Closed on
May 9, 2012
Sold by
Wc Land Holdings Llc
Bought by
Smith Scott C and Smith Dana M
Seller's Agent
Lynda Jarvis
Madison Realty Inc
Buyer's Agent
The Vining Group At Keller Williams Lo
Keller Williams Realty Lake Oconee
List Price
$369,000
Sold Price
$315,000
Premium/Discount to List
-$54,000
-14.63%
Current Estimated Value
$801,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,464
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Mar 6, 2012
Sold by
Obrecht Mangum Christine L
Bought by
W C Land Holdings Llc

Purchase Details

Closed on
Sep 2, 2005
Sold by
Merit Builders Llc
Bought by
Obrecht Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2004
Sold by
Madison Lakes Llc
Bought by
Merit Builders Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Smith Scott C $315,000 --
W C Land Holdings Llc $245,000 --
Obrecht Christine L $489,000 --
Merit Builders Llc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrecht Christine L $391,200
Previous Owner Obrecht Christine L $48,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2012 05/09/12 Sold $315,000 -14.6% $54 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $369,000 -- $64 / 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 $5,005 $219,676 $24,000 $195,676
2023 $4,791 $203,846 $24,000 $179,846
2022 $4,802 $196,302 $24,000 $172,302
2021 $4,625 $188,302 $16,000 $172,302
2020 $4,668 $188,302 $16,000 $172,302
2019 $4,738 $188,072 $16,000 $172,072
2018 $4,678 $182,963 $20,000 $162,963
2017 $4,762 $183,797 $15,600 $168,197
2016 $4,744 $179,304 $20,000 $159,304
2015 $4,376 $163,320 $18,000 $145,320
2014 $3,980 $152,680 $6,000 $146,680
2013 -- $120,680 $4,000 $116,680
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lynda Jarvis

    Madison Realty Inc

    Section Image
  • Chris Hodges

    Seller Co-Listing Agent in 2012

    Chris Hodges

    Madison Realty Inc

    (706) 474-0947

    100 in this area

    161 Total Sales

    Chris Hodges
    Section Image
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Map

Source: Lake Country Board of REALTORS®

MLS Number: 31737

Lake Country Board of REALTORS®

APN: 046C016000

Georgia Morgan County Madison 30650

1101 E Magnolia Loop, Madison, GA

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