NOT LISTED FOR SALE

1260 Waterstone Dr Madison, GA 30650

Estimated Value: $555,000 - $756,647

1.53 Acres
$424,779 Price per Acre
66,647 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $65,000

Est. 900% increase in value since last sale

Current estimated payment $3,947/month

6 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Ramp
  • Lake Property
  • Morgan County Primary School Rated A-
  • Lake View
  • Wooded Lot

About This Lot

As of December 2018

Bargain-priced Lake Oconee lot! This 1.5 acre wooded lot offers privacy, a level walk to the lake, and qualifies for a max dock that will have about 5ft of water depth. Located in Waterstone Farms, among all newer homes. At Waterstone Farms on Lake Oconee, you’ll find tranquil waters, winding trails, towering hardwoods, and a special place for people who value living with nature, with a convenient location on the quiet north shore of Lake Oconee, just 10 minutes east of Historic Madison, Georgia and 5 minutes from I-20, Exit 121. Protective covenants require 1800sf minimum (one story) or 2200sf (multi-story). Award winning Morgan County Charter Schools.

Last Agent to Sell the Property

Jeanne Dufort

Coldwell Banker Lake Oconee License #284620 Listed on: 11/27/2018

Coldwell Banker Lake Oconee

Last Buyer's Agent

SHIRLEY SMITH

RE/MAX Vision Lake Country License #178709

RE/MAX Vision Lake Country

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,211

Lot Details

  • 1.53 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Gentle Sloping Lot
  • Wooded Lot

Property Views

  • Lake Views

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 051H 010

Community Details

Overview

  • Property has a Home Owners Association
  • Waterstone Farms Subdivision

Recreation

  • Boat Ramp
  • Trails
  • Lake Property

Property Details

Property Type

Land

Est. Annual Taxes

$5,211

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Land
  • Sub Type: Lake Comm Lot
  • Property Status: Standard Listing
  • Location: Lake Oconee Area
  • Subdivision: WATERSTONE FARMS
  • Directions: I-20 Exit 121 (Buckhead). North to stop, left then right over RR tracks; 2nd rt onto Apalachee River Rd. SD ahead on right.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Estimated Water Frontage: 100
  • Dock: Call GA Power, PRIVATE FRONTAGE
  • Lake Access: Private
  • Water Or Water View: Lakefront, Lake View
  • Road Paved: Yes

Utilities

  • Sewer: Septic Required

Association/Amenities

  • Community Features: Boat Ramp, Walking Trails

Condo/Co-op/Association

  • Property Owners Assoc: 650
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 8
  • Plat Page: 40 129
  • Estimated Number of Acres: 1.53
  • Estimated Percent Wooded: 100
  • Deed Page: 563 735
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Assessor Parcel Number: 051H 010
  • Topography: Gentle Slope, Wooded

Tax Info

  • Last Years Taxes: 572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Dec 21, 2018
Sold by
Reusmann James
Bought by
Robinson Aaron L and Robinson Sallie W
Seller's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
Buyer's Agent
SHIRLEY SMITH
RE/MAX Vision Lake Country
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$649,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,912
Avg. Annual Appreciation
40.35%
Original Mortgage
$48,750
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 16, 2015
Closed on
Mar 9, 2016
Sold by
Mf Georgia Ii Llc
Bought by
Reusmann James and Reusmann Kim
Seller's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
Buyer's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
List Price
$59,500
Sold Price
$40,000
Premium/Discount to List
-$19,500
-32.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.01%

Purchase Details

Closed on
Jun 30, 2010
Sold by
Bank Of North Georgia
Bought by
Mf Georgia Ii Llc

Purchase Details

Closed on
Dec 10, 2009
Sold by
Madison River Llc
Bought by
Bank Of North Georgia

Purchase Details

Closed on
Oct 13, 2008
Bought by
Madison River Llc
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
Robinson Aaron L $65,000 --
Reusmann James $40,000 --
Mf Georgia Ii Llc $276,500 --
Bank Of North Georgia -- --
Madison River Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Aaron L $374,000
Closed Robinson Aaron L $368,000
Closed Robinson Aaron L $350,000
Closed Robinson Aaron L $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $65,000 0.0% --
12/03/2018 12/03/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $65,000 +62.5% --
03/09/2016 03/09/16 Sold $40,000 -32.8% --
02/22/2016 02/22/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $59,500 -- --
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 $5,211 $230,722 $64,000 $166,722
2023 $4,880 $209,652 $64,000 $145,652
2022 $4,424 $182,865 $47,040 $135,825
2021 $4,442 $182,865 $47,040 $135,825
2020 $2,048 $82,628 $29,088 $53,540
2019 $645 $25,600 $25,600 $0
2018 $573 $22,400 $22,400 $0
2017 $580 $22,400 $22,400 $0
2016 $847 $32,000 $32,000 $0
2015 $857 $32,000 $32,000 $0
2014 $469 $18,000 $18,000 $0
2013 -- $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Dufort

    Seller's Agent in 2018

    Jeanne Dufort

    Coldwell Banker Lake Oconee

    (770) 330-9040

    29 in this area

    95 Total Sales

    Jeanne Dufort
    Section Image
  • SHIRLEY SMITH

    Buyer's Agent in 2018

    SHIRLEY SMITH

    RE/MAX

    (706) 485-5700

    22 Total Sales

    SHIRLEY SMITH
    Section Image
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Map

Source: Lake Country Board of REALTORS®

MLS Number: 52076

Lake Country Board of REALTORS®

APN: 051H010000

Georgia Morgan County Madison 30650

1260 Waterstone Dr, Madison, GA

This home is located at 1260 Waterstone Dr, Madison, GA 30650 since 27 November 2018 and is currently estimated at $649,912. 1260 Waterstone Dr is a home located in Morgan County with nearby schools including Morgan County Primary School, Morgan County Elementary School, and Morgan County Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lake Country Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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