NOT LISTED FOR SALE

1121 W Magnolia Loop Madison, GA 30650

Estimated Value: $538,035 - $652,000

4 Beds
3.5 Baths
2,161 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $325,000 $150 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,632/month

36 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • 1 Fireplace
  • Morgan County Primary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of June 2016

Come see this great buy in Madison lakes~ a gated swim/tennis community minutes from I-20 and Downtown Madison. Great floor plan with 3 Bedrooms including Master Suite on the Main.Grand Kitchen with granite counters, tumbled marble back splash,two pantries,new stainless upgraded appliances including Refrigerator and Gas 4 burner stove with double ovens. Kitchen features bar area for seating, Breakfast area and Keeping Room all with abundant windows. Dining Room just off Kitchen provides additional entertaining space. Great Room has vaulted ceiling and trey ceiling, large walk in closet and Master Bath with his and her vanities, tile fireplace. Master Suite features double trey ceiling, large walk in closet, his and her vanities, tiled shower and large jetted garden tub with tile surround. The two secondary bedrooms share a jack and jill bath. Half bath with pedestal sink is on main as well as laundry room with shelving. Upstairs is a bonus size fourth bedroom with private third full bath. Secondary bedrooms have tub shower combos with tile surround. Outdoor living space features partially covered deck that has been expanded and covered patio off the basement. Back yard is wooded and private. Unfinished basement stubbed for bath with potential for more space. Since purchasing owners have painted interior, extended deck, added gutter guards, landscaped, installed window blinds and add a Wave fresh air system in the basement.

Last Agent to Sell the Property

Lynn Harder

Coldwell Banker Upchurch Realty License #316319 Listed on: 03/29/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,608

Year Built

  • Built in 2014

Lot Details

  • 0.54

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Schools

  • Morgan County Elementary And Middle School
  • Morgan County High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • Madison Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046C 066

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,608

Year Built

Built in 2014

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2014
  • Subdivision Name: Madison Lakes
  • Reso Flooring: Carpet, Tile, Wood
  • Reso Interior Features: Tray Ceiling(s), Ceiling Fan(s), Cathedral Ceiling(s), Pantry, Vaulted Ceiling(s)
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 2406.0
  • Special Features: None

Interior Features

  • Appliances: Some Gas Appliances, Convection Oven, Dishwasher, Microwave, Refrigerator
  • Basement: Full, Bath/Stubbed, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Acres: 0.54
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Deck, Other, Porch
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Sidewalks

Schools

  • Middle Or Junior School: Morgan County

Lot Info

  • Lot Size Area: 0.54
  • Parcel Number: 046C 066
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Morgan County
  • HighSchool: Morgan County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Jun 3, 2016
Sold by
Ricks John M
Bought by
Desai Prasannakumar and Desai Amisha
Seller's Agent
Lynn Harder
Coldwell Banker Upchurch Realty
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$620,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,509
Avg. Annual Appreciation
7.11%
Original Mortgage
$308,750
Outstanding Balance
$246,051
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$374,458

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
4.16%
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:

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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 Prior Sale
06/03/2016 06/03/16 Sold $325,000 0.0% $150 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $325,000 +7.6% $150 / Sq Ft
08/15/2014 08/15/14 Sold $302,000 -5.6% $140 / Sq Ft View Prior Sale
07/28/2014 07/28/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $319,900 -- $148 / Sq Ft
Source: Savannah Multi-List Corporation

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 $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

  • L

    Seller's Agent in 2016

    Lynn Harder

    Coldwell Banker Upchurch Realty

  • Jim Littleton

    Seller's Agent in 2014

    Jim Littleton

    Keller Williams Realty Lake Oconee

    (770) 289-7946

    56 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: Savannah Multi-List Corporation

MLS Number: CM949364

Savannah Multi-List Corporation

APN: 046C066000

Georgia Morgan County Madison 30650

1121 W Magnolia Loop, Madison, GA

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