NOT LISTED FOR SALE

1120 W Magnolia Loop Madison, GA 30650

Estimated Value: $565,329 - $739,000

5 Beds
3.5 Baths
4,042 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $530,000 $131 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,821/month

Highlights

  • Fitness Center
  • Gated Community
  • Community Lake
  • Morgan County Primary School Rated A-
  • Landscaped Professionally
  • Clubhouse

About This Home

As of October 2018

One of the most strikingly exquisite homes in Madison Lakes! A welcoming front door, greeted with an open kitchen, living room & great room featuring a custom fireplace, built ins, a bay window overlooking the backyard, & vaulted ceilings with exposed beams. The gourmet kitchen houses granite counter tops, sub-zero appliances, a 5-burner cooktop, & custom cabinets. The main level also offers an extensive master suite & 2 other BR's with an additional BR & bonus room upstairs. The intercom/security system with outdoor speakers, crown molding, tinted windows, & all of the other upgrades really perfect this home. Built by interior designer. Gated community with amenities including; pool, clubhouse, tennis, & physical fit facility.

Last Agent to Sell the Property

Rhonda Smith

Keller Williams Realty Lake Oconee License #330071 Listed on: 07/09/2018

Keller Williams Realty Lake Oconee

Last Buyer's Agent

Cindy Samagalsky

McGinnis Realty and Appraisal License #332908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,589

Year Built

  • Built in 2008

Lot Details

  • 0.48 Acre Lot
  • Landscaped Professionally
  • Level Lot
  • Open Lot
  • Irrigation

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Siding

Interior Spaces

  • 4,042 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Bay Window
  • Basement

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 046C 055

Community Details

Overview

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

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,589

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Residential Home
  • Architectural Style: Traditional
  • Property Status: Standard Listing
  • Property Features: Irrigation System, Paved Driveway, Paved Walkway, Professional Landscaping
  • Location: Rural
  • Subdivision: MADISON LAKES
  • Directions: From I-20, take Madison exit 114 then turn onto 441 towards Monticello. After 1.5 miles, Madison Lakes is on your right. Once you've passed through the gates, take the first right onto W Magnolia Loop. The house will be after 0.3 miles on your left.
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Room Features: Bay Window, Beamed Ceiling, Breakfast Bar, Built-Ins, Coffered Ceiling, Crown Moldings, Dual Sinks, Granite Countertops, Jetted Tub, Separate Shower, Solid Surface Counters, Trey Ceiling, Vaulted Ceiling, Walk-In Closet
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Intercom System, Security System, Smoke Detector
  • Levels W O Basement: 2 Story
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Estimated Heated Sq Ft: 4042

Exterior Features

  • Exterior: Composite Siding
  • Exterior Features: Patio
  • Roof: Asphalt/Comp Shingle
  • Substructure: Slab

Garage/Parking

  • Garage: 3 Car Attached, Garage

Utilities

  • Air Conditioner: Central Electric
  • Heat: Central, Electric
  • Tv Cable Communications: Satellite Dish

Association/Amenities

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

Condo/Co-op/Association

  • Property Owners Assoc: 1100
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 5
  • Plat Page: 39, 10
  • Estimated Number of Acres: 0.48
  • Deed Page: 454, 282
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Assessor Parcel Number: 046C 055
  • Topography: Level, Open

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Oct 30, 2018
Sold by
Kimball O A
Bought by
Willcoxson Gerald A
Seller's Agent
Rhonda Smith
Keller Williams Realty Lake Oconee
Buyer's Agent
Cindy Samagalsky
McGinnis Realty and Appraisal
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$657,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,082
Avg. Annual Appreciation
3.12%
Original Mortgage
$337,162
Outstanding Balance
$293,422
Interest Rate
4.7%
Estimated Equity
$363,660

Purchase Details

Closed on
Aug 29, 2008
Sold by
Star Home Builders Inc
Bought by
Kimball O A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.48%
Mortgage Type
New Conventional

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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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
Willcoxson Gerald A $530,000 --
Kimball O A $552,400 --
Star Homes Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willcoxson Gerald A $337,162
Previous Owner Kimball O A $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2018 10/30/18 Sold $530,000 -3.5% $131 / Sq Ft
09/09/2018 09/09/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $549,000 -- $136 / 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 $4,589 $203,402 $20,000 $183,402
2023 $4,289 $184,500 $20,000 $164,500
2022 $4,244 $175,480 $20,000 $155,480
2021 $4,163 $171,480 $16,000 $155,480
2020 $4,201 $171,480 $16,000 $155,480
2019 $4,270 $171,480 $16,000 $155,480
2018 $3,720 $162,903 $20,000 $142,903
2017 $4,223 $162,998 $15,600 $147,398
2016 $3,573 $152,492 $20,000 $132,492
2015 $2,954 $127,920 $18,000 $109,920
2014 $2,901 $129,520 $6,000 $123,520
2013 -- $99,360 $4,000 $95,360
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Smith

    Seller's Agent in 2018

    Rhonda Smith

    Keller Williams Realty Lake Oconee

    (706) 319-7980

    91 in this area

    200 Total Sales

    Rhonda Smith
    Section Image

  • C

    Buyer's Agent in 2018

    Cindy Samagalsky

    McGinnis Realty and Appraisal

    Section Image
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Map

Source: Lake Country Board of REALTORS®

MLS Number: 50923

Lake Country Board of REALTORS®

APN: 046C055000

Georgia Morgan County Madison 30650

1120 W Magnolia Loop, Madison, GA

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