$33,300
SOLD APR 18, 2017

1130 W Magnolia Loop Madison, GA 30650

0.75 Acre
$44,400 Price per Acre
32,670 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

22% Below List Price

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 2018

Beautiful building lot that has one of the best views in the community.

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

  • $3,417

Lot Details

  • 0.75 Acre Lot
  • On Golf Course
  • Level Lot

Utilities

  • Internet Available
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 12 / 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

$3,417

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

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: 1000
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 12
  • Estimated Number of Acres: 0.75
  • 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

Listed on
Sep 26, 2017
Closed on
Apr 2, 2018
Sold by
Sbp Investments Grp Llc
Bought by
Urban Ronald J and Stamp Clem Marshall
Seller's Agent
James Ball
High Point Real Estate Group
Buyer's Agent
Selling Agent Non-Member
NON MLS MEMBER
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$586,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,801
Avg. Annual Appreciation
4.85%
Original Mortgage
$319,000
Interest Rate
4.43%
Mortgage Type
New Conventional

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
$33,300
Premium/Discount to List
-$9,400
-22.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1265.51%

Purchase Details

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

Purchase Details

Closed on
Aug 5, 2014
Sold by
Star Homes Builders Inc
Bought by
Gwinnett Community Bank

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 Type Sale Price Title Company
Warranty Deed $399,000 --
Warranty Deed $100,000 --
Foreclosure Deed -- --
Deed $140,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $323,000 New Conventional
Closed $319,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2018 04/01/18 Sold $399,000 0.0% $133 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
09/26/2017 09/26/17 For Sale $399,000 +1098.2% $133 / Sq Ft
04/18/2017 04/18/17 Sold $33,300 -22.0% $11 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
09/01/2015 09/01/15 For Sale $42,700 -- $14 / 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 $3,417 $161,971 $20,000 $141,971
2023 $3,180 $147,320 $20,000 $127,320
2022 $3,139 $140,329 $20,000 $120,329
2021 $3,054 $136,329 $16,000 $120,329
2020 $3,082 $136,329 $16,000 $120,329
2019 $3,132 $136,329 $16,000 $120,329
2018 $3,352 $131,090 $20,000 $111,090
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: 42101

Lake Country Board of REALTORS®

APN: 046C056000