NOT LISTED FOR SALE

1261 Waterstone Dr Madison, GA 30650

Estimated Value: $558,000 - $669,000

3.05 Acres
$199,787 Price per Acre
132,858 Sq Ft Lot

Last Sold March 29, 2018

Last sale price $30,500

Est. 1,898% increase in value since last sale

Current estimated payment $3,574/month

Highlights

  • Boat Ramp
  • Docks
  • 3.05 Acre Lot
  • Morgan County Primary School Rated A-
  • Access To Lake
  • Lake Property

About This Lot

As of March 2018

You can enjoy Lake Oconee access and the privacy of an estate lot. Lot 16 is a wooded 3.05 acre estate lot suitable for a basement or ranch. Follow the wooded bridle trail to the community-owned lakefront parkland on the southern shore line – it’s an easy 1100ft walk to the lake. Deeded boat slips are available for an additional fee. Waterstone Farms is a horse-friendly community, and the first Lake Oconee community to combine lakefront and estate lot living, with lake access and deeded trails available to all owners. 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.

Last Agent to Sell the Property

Jeanne Dufort

Coldwell Banker Lake Oconee License #284620 Listed on: 10/01/2017

Coldwell Banker Lake Oconee

Last Buyer's Agent

Jeanne Dufort

Coldwell Banker Lake Oconee License #284620 Listed on: 10/01/2017

Coldwell Banker Lake Oconee

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,934

Lot Details

  • 3.05 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 051H 018

Community Details

Overview

  • Property has a Home Owners Association
  • Waterstone Farms Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Horse Trails
  • Trails
  • Access To Lake
  • Docks
  • Lake Property

Property Details

Property Type

Land

Est. Annual Taxes

$3,934

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

  • Dock: Day Use, Subdivision Access, Common
  • Lake Access: Subdivision Access
  • Estimated Road Frontage: 580
  • Road Paved: Yes

Utilities

  • Sewer: Septic Required

Association/Amenities

  • Community Features: Boat Ramp, Dock, Riding Trails, Walking Trails

Condo/Co-op/Association

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

Lot Info

  • Lot Number: 16
  • Estimated Number of Acres: 3.05
  • Estimated Percent Wooded: 100
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Assessor Parcel Number: 051H 018
  • Topography: Gentle Slope, Wooded

Tax Info

  • Last Years Taxes: 359.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Southerly Homes Llc
Bought by
Harrison Michael J
Current Estimated Value
$609,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,005
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2017
Closed on
Mar 29, 2018
Sold by
Coleman Joshua
Bought by
Southerly Homes Llc
Seller's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
Buyer's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
List Price
$32,000
Sold Price
$30,500
Premium/Discount to List
-$1,500
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.56%
Original Mortgage
$194,685
Interest Rate
4.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 24, 2015
Sold by
Mf Georgia Ii Llc
Bought by
Coleman Joshua

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
Sold by
Madison River Llc
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
Harrison Michael J $297,900 --
Southerly Homes Llc $30,500 --
Coleman Joshua $32,500 --
Mf Georgia Ii Llc $276,500 --
Bank Of North Georgia -- --
Madison River Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Michael J $1,272,700
Closed Harrison Michael J $288,392
Closed Harrison Michael J $283,005
Previous Owner Southerly Homes Llc $194,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $30,500 -4.7% --
02/11/2018 02/11/18 Pending -- -- --
10/01/2017 10/01/17 For Sale $32,000 -- --
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 $3,934 $172,650 $30,500 $142,150
2023 $3,603 $153,299 $29,890 $123,409
2022 $3,467 $141,737 $24,400 $117,337
2021 $2,935 $119,488 $15,372 $104,116
2020 $2,883 $116,316 $12,200 $104,116
2019 $2,930 $116,316 $12,200 $104,116
2018 $250 $9,760 $9,760 $0
2017 $253 $9,760 $9,760 $0
2016 $344 $13,420 $13,420 $0
2015 $359 $13,400 $13,400 $0
2014 $318 $12,200 $12,200 $0
2013 -- $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 48612

Lake Country Board of REALTORS®

APN: 051H018000