NOT LISTED FOR SALE

1110 W Magnolia Loop Madison, GA 30650

Estimated Value: $564,775 - $618,000

0.48 Acre
$1,242,071 Price per Acre
20,909 Sq Ft Lot

Last Sold April 18, 2017

Last sale price $33,350

Est. 1,688% increase in value since last sale

Current estimated payment $3,676/month

567 Days on Market

Highlights

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

About This Lot

As of April 2017

Great lot with views of the formerly Longshadow's 3rd green. Madison Lakes is an established gated community with beautiful amenities including jr Olympic swimming pool, lighted tennis courts, fitness area, clubhouse, and playground. Conveniently located with easy access to I20 within minutes of downtown Madison, Covington and an hour drive to downtown Atlanta. Madison is beautiful historic town with awarding winning schools, cultural center, shopping and restaurants. Come see for yourself what makes Madison Lakes the perfect place to call home.

Last Agent to Sell the Property

Beth Erwin

Southern Classic, REALTORS License #217470 Listed on: 09/01/2015

Southern Classic, REALTORS

Last Buyer's Agent

James Ball

High Point Real Estate Group License #349024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,144

Year Built

  • 2021

Lot Details

  • 0.48 Acre Lot
  • On Golf Course
  • Level Lot

Utilities

  • Internet Available
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 10 / N5
  • Assessor Parcel Number LL 5 & 6 D 5th

Community Details

Overview

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

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,144

Year Built

2021

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Land
  • Sub Type: Golf Comm Lots on Course
  • Property Status: Standard Listing
  • Location: Rural
  • Subdivision: MADISON LAKES
  • Directions: I20 to exit 114 and travel 1.5 miles south on 441 to Madison Lakes on right. Enter thru gate and take 1st right onto W Magnolia Loop. Lot on right
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Water Or Water View: Community Lake

Utilities

  • Tv Cable Communications: DSL Available, Phone Available

Association/Amenities

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

Condo/Co-op/Association

  • Property Owners Assoc: 975
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 10
  • Estimated Number of Acres: 0.48
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Phase: 1
  • Assessor Parcel Number: LL 5 & 6 D 5th
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2018
Sold by
Sbp Investments Grp Llc
Bought by
Terry Ryan and Terry Katherine
Total Days on Market
567
Current Estimated Value
$596,194

Purchase Details

Listed on
Sep 1, 2015
Closed on
Apr 17, 2017
Sold by
Not Provided
Bought by
Sbp Investments Grp Llc
Seller's Agent
Beth Erwin
Southern Classic, REALTORS
Buyer's Agent
James Ball
High Point Real Estate Group
List Price
$42,700
Sold Price
$33,350
Premium/Discount to List
-$9,350
-21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.32%

Purchase Details

Closed on
Sep 6, 2014
Sold by
Star Homes Builders Inc
Bought by
Gwinnett Community Bank

Purchase Details

Closed on
Aug 1, 2014
Sold by
Star Home Builders Inc
Bought by
Gwinnett Community Bank

Purchase Details

Closed on
Aug 3, 2010
Sold by
Morgan Co Tax Commissioner
Bought by
Double Platinum Investments Llc

Purchase Details

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

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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
Terry Ryan $37,000 --
Sbp Investments Grp Llc $100,000 --
Gwinnett Community Bank -- --
Gwinnett Community Bank $140,000 --
Double Platinum Investments Llc $13,000 --
Star Homes Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Terry $49,948
Open Terry Ryan $435,000
Closed Terry Ryan $412,110
Closed Terry Ryan $246,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Sold $33,350 -21.9% --
03/21/2017 03/21/17 Pending -- -- --
09/01/2015 09/01/15 For Sale $42,700 -- --
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 $4,144 $181,896 $20,000 $161,896
2023 $3,884 $165,250 $20,000 $145,250
2022 $3,848 $157,305 $20,000 $137,305
2021 $393 $16,000 $16,000 $0
2020 $397 $16,000 $16,000 $0
2019 $373 $16,000 $16,000 $0
2018 $341 $20,000 $20,000 $0
2017 $404 $15,600 $15,600 $0
2016 $529 $20,000 $20,000 $0
2015 $482 $18,000 $18,000 $0
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: 42100

Lake Country Board of REALTORS®

APN: 046C054000