NOT LISTED FOR SALE

1290 Wallace Rd Madison, GA 30650

Estimated Value: $454,000 - $710,000

4 Beds
4 Baths
2,496 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $193,000 $77 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $3,452/month

105 Days on Market

Highlights

  • Deck
  • No HOA
  • 1 Car Detached Garage
  • Morgan County Primary School Rated A-
  • Screened Porch
  • Cooling Available

About This Home

As of December 2013

This home has it all! 10 acres, open and wooded, peaceful country setting, 2 large workshops and a great home! Covered front porch and a beautiful screened porch that extends the length of the house with 4 ceiling fans! Open floor plan with great room, breakfast room and large kitchen with bar. From the family room, you enter a well designed in-law suite: the bedroom with walk-in closet is off the family room. Through the next door is a sunny living area with 2nd kitchen and bathroom plus access to handicap ramp from a side entry door. There is another bedroom and bath plus a master suite (access to screened porch) with private bath (large tile shower, jetted tub) on the opposite side of the home. Upstairs is a bonus room/4th bedroom and another full bathroom. Plus... there is a full unfinished basement.

Last Agent to Sell the Property

Jerri Stracener

Re/Max Associates - Athens, Inc. Listed on: 08/07/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 10.01

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Screened Porch
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 017 035 J

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans,Central Vacuum
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2007
  • Subdivision Name: No Recorded Subdivision
  • Reso Flooring: Vinyl
  • Reso Interior Features: Ceiling Fan(s), Central Vacuum, In-Law Floorplan
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range
  • Basement: Full, Unfinished
  • Fireplace Features: Wood Burning
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Other Structures: Storage
  • Acres: 10.01
  • Home Warranty: No
  • Construction Type: Other, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Lot Info

  • Lot Size Area: 10.01
  • Parcel Number: 017 035 J
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2013
Closed on
Dec 20, 2013
Sold by
Fussell Charles B
Bought by
Fussell Charles B and Fussell Linda A
Seller's Agent
Jerri Stracener
Re/Max Associates - Athens, Inc.
List Price
$260,000
Sold Price
$193,000
Premium/Discount to List
-$67,000
-25.77%
Current Estimated Value
$596,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,166
Avg. Annual Appreciation
9.87%
Original Mortgage
$221,098
Outstanding Balance
$165,491
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$430,675

Purchase Details

Closed on
Apr 2, 2013
Sold by
Freedom Mtg Corp
Bought by
Sec Of Housing & Urban

Purchase Details

Closed on
Sep 15, 2011
Sold by
Hsbc Bank Usa
Bought by
Flournoy Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,042
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2011
Sold by
Williams Wilson L
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 28, 2010
Sold by
Williams Yusef Haman
Bought by
Williams Beth Ann

Purchase Details

Closed on
Jan 2, 2007
Sold by
Williams Wilson L
Bought by
Williams Wilson L

Purchase Details

Closed on
Jan 10, 2005
Sold by
Lucas David R
Bought by
Williams Wilson L and Williams Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2004
Sold by
Leach Shannon
Bought by
Lucas David R

Purchase Details

Closed on
May 25, 2000
Sold by
Leach Shannon
Bought by
Leach Shannon

Purchase Details

Closed on
Dec 29, 1999
Sold by
Bailey Beverly A
Bought by
Leach Shannon

Purchase Details

Closed on
Jun 28, 1999
Sold by
Leach Shannon
Bought by
Bailey Beverly A

Purchase Details

Closed on
Feb 21, 1996
Bought by
Leach Shannon
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
Fussell Charles B -- --
Fussell Charles B $193,000 --
Sec Of Housing & Urban $250,047 --
Freedom Mtg Corp $250,047 --
Flournoy Andy $235,000 --
Hsbc Bank Usa National Association $302,000 --
Williams Beth Ann -- --
Williams Beth Ann -- --
Williams Wilson L -- --
Williams Wilson L $117,000 --
Lucas David R $114,000 --
Leach Shannon -- --
Leach Shannon -- --
Bailey Beverly A -- --
Leach Shannon $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fussell Charles B $221,098
Closed Fussell Charles B $221,098
Previous Owner Flournoy Andy $229,042
Previous Owner Williams Wilson L $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $193,000 -25.8% $77 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $260,000 -- $104 / 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
2025 $3,824 $219,159 $71,584 $147,575
2024 $3,562 $173,784 $42,965 $130,819
2023 $3,359 $160,387 $39,626 $120,761
2022 $3,071 $142,937 $25,717 $117,220
2021 $3,083 $142,937 $25,717 $117,220
2020 $3,112 $142,937 $25,717 $117,220
2019 $3,164 $142,978 $25,717 $117,261
2018 $3,133 $139,919 $23,379 $116,540
2017 $3,661 $141,326 $23,612 $117,714
2016 $3,400 $130,504 $23,379 $107,125
2015 $3,423 $129,760 $24,680 $105,080
2014 $1,960 $131,240 $28,960 $102,280
2013 -- $98,480 $27,480 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM934430

Savannah Multi-List Corporation

APN: 01703500J