NOT LISTED FOR SALE

1121 W Magnolia Loop Madison, GA 30650

Estimated Value: $538,522 - $672,000

4 Beds
3.5 Baths
2,161 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $302,000 $140 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,416/month

144 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Deck
  • Morgan County Primary School Rated A-
  • Clubhouse
  • Partially Wooded Lot

About This Home

As of August 2014

Envision yourself coming home to a beautiful Gated community with tennis courts & swimming pool near all the great things that Madison has to offer. This beautiful 4 BR, 3.5 bath custom built home is nestled in the lovely community called Madison Lakes. This home will exceed your expectations with it's 3 car garage & great floorplan. Kitchen overlooks large great room, keeping room, and breakfast room. Beautiful custom cabinets, granite countertops, & stainless appliances! Separate dining room for all those larges family gatherings. Master bedroom on the main with large walk in closet and master bath. 2 bedrooms with a Jack and Jill bath. 4th BR upstairs & private bath. Large unfinished basement. Sold As-Is.

Last Agent to Sell the Property

Jim Littleton

Keller Williams Realty Lake Oconee License #280120 Listed on: 03/06/2014

Keller Williams Realty Lake Oconee

Last Buyer's Agent

Selling Agent Non-Member

NON MLS MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 23,522 Sq Ft Lot
  • Partially Wooded Lot

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof

Interior Spaces

  • 2,161 Sq Ft Home
  • Tray Ceiling
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Great Room
  • Utility Room
  • Basement

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Garden Bath
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 22

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Madison Lakes Subdivision
  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0.54 Acres

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: I-20 to Exit 114 Hwy 441 South Madison Lakes will be on the Right side about 1 mile turn right go through the gate, then turn right on West Magnolia Loop. 1121 will be on the right no sign in the yard.
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Room Features: Breakfast Bar, Garden Tub, Gas Logs, Prefab Fireplace, Separate Shower, Trey Ceiling, Walk-In Closet
  • Appliances: Dishwasher, Microwave, Range
  • Interior Amenities: Security System, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Level: 1
  • Master Bedroom Features: Walk in closet
  • Bedroom 2 Level: 1
  • Bedroom 2 Features: 2-3 Jack&Jill Bath
  • Bedroom 3 Level: 1
  • Bedroom 3 Features: 2-3 Jack&Jill Bath
  • Bedroom 4 Level: 2
  • Bedroom 4 Features: Private Bath
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Dining Room Level: 1
  • Kitchen Features: Granite Custom Cabinets
  • Kitchen Level: 1
  • Dining Room Features: Wood Floors
  • Great Room Level: 1
  • Great Room Features: Fireplace, Wood Floors
  • Living Room Level: 1
  • Utility Level: 1
  • Basement: Yes
  • Other Room1 Description: Unfinished Basement
  • Other Room1 Features: Stub for full bath
  • Other Rooms: Pantry
  • Estimated Heated Sq Ft: 2161

Exterior Features

  • Exterior: Hardy Board
  • Exterior Features: Deck, Porch
  • Roof: Asphalt/Comp Shingle

Garage/Parking

  • Garage: 3 Car Attached

Utilities

  • Air Conditioner: Central Electric, Heat Pump
  • Heat: Central, Heat Pump
  • Sewer: Septic
  • Utility Features: Seperate Room
  • Water Heater: Electric

Association/Amenities

  • Community Features: Clubhouse, Gated, Pool, Tennis Courts

Lot Info

  • Lot Number: 22
  • Estimated Number of Acres: 0.54
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Topography: Partially Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2016
Sold by
Ricks John M
Bought by
Desai Prasannakumar and Desai Amisha
Current Estimated Value
$593,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Outstanding Balance
$244,049
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$349,082

Purchase Details

Listed on
Mar 6, 2014
Closed on
Aug 15, 2014
Sold by
Res Ga Madison Lakes Llc
Bought by
Ricks John M and Ricks Wendy S
Seller's Agent
Jim Littleton
Keller Williams Realty Lake Oconee
Buyer's Agent
Selling Agent Non-Member
NON MLS MEMBER
List Price
$319,900
Sold Price
$302,000
Premium/Discount to List
-$17,900
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$241,600
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2010
Sold by
Star Home Builders Inc
Bought by
Res Ga Madison Lakes Llc

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Desai Prasannakumar $325,000 --
Ricks John M $302,000 --
Res Ga Madison Lakes Llc $113,400 --
Star Homes Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Prasannakumar $308,750
Previous Owner Ricks John M $241,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $302,000 -5.6% $140 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $319,900 -- $148 / Sq Ft
Source: Lake Country Board of REALTORS®

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
2025 $3,548 $178,882 $20,000 $158,882
2024 $3,608 $160,335 $20,000 $140,335
2023 $3,437 $148,232 $20,000 $128,232
2022 $3,324 $137,882 $20,000 $117,882
2021 $3,239 $133,882 $16,000 $117,882
2020 $3,269 $133,882 $16,000 $117,882
2019 $3,323 $133,882 $16,000 $117,882
2018 $3,420 $135,742 $20,000 $115,742
2017 $3,497 $134,979 $15,600 $119,379
2016 $3,444 $132,153 $20,000 $112,153
2015 $3,183 $120,840 $18,000 $102,840
2014 $2,069 $79,360 $6,000 $73,360
2013 -- $18,360 $4,000 $14,360
Source: Public Records

Agents Affiliated with this Home

  • Jim Littleton

    Seller's Agent in 2014

    Jim Littleton

    Keller Williams Realty Lake Oconee

    (770) 289-7946

    42 Total Sales

    Jim Littleton
    Section Image

  • S

    Buyer's Agent in 2014

    Selling Agent Non-Member

    NON MLS MEMBER

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 36722

Lake Country Board of REALTORS®

APN: 046C066000

Georgia Morgan County Madison 30650

1121 W Magnolia Loop, Madison, GA

Not Listed for Sale

Detached

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