NOT LISTED FOR SALE

1291 Waterstone Dr Madison, GA 30650

Estimated Value: $407,000 - $475,260

2.44 Acres
$179,535 Price per Acre
106,286 Sq Ft Lot

Last Sold August 02, 2019

Last sale price $118,000

Est. 271% increase in value since last sale

Current estimated payment $2,583/month

49 Days on Market

Highlights

  • Lake Front
  • 2.44 Acre Lot
  • Lake Property
  • Morgan County Primary School Rated A-

About This Lot

As of August 2019

Discover lake life at this private 2.4 acre lot in Waterstone Farms. Lake views & deep water. This lot offers room for a max dock, so bring your fishing gear! The perfect place to enjoy nature, fishing & kayaking. Waterstone Farms is located about 10 minutes from Madison.

Last Agent to Sell the Property

Rhonda Smith

Keller Williams Realty Lake Oconee License #330071 Listed on: 05/22/2019

Keller Williams Realty Lake Oconee

Last Buyer's Agent

Margaret Decker

Lake Homes Realty License #169319

Lake Homes Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,576

Lot Details

  • 2.44 Acre Lot
  • Lake Front

Property Views

  • Lake Views

Listing and Financial Details

  • Tax Lot 15

Community Details

Overview

  • Waterstone Farms Subdivision

Recreation

  • Lake Property

Property Details

Property Type

Land

Est. Annual Taxes

$2,576

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. 2nd righ onto Apalachee River Rd. Waterstone Farms is on your right.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dock: PRIVATE FRONTAGE
  • Lake Access: Private
  • Water Or Water View: Lakefront, Lake View

Lot Info

  • Lot Number: 15
  • Estimated Number of Acres: 2.44
  • General Zoning Class: Residential
  • Geo Subdivision: GA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Wise Jennifer Elaine
Bought by
Wise Christopher John
Current Estimated Value
$438,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2019
Closed on
Aug 2, 2019
Sold by
Cottrell Jody Lee
Bought by
Wise Christopher and Wise Jennifer
Seller's Agent
Rhonda Smith
Keller Williams Realty Lake Oconee
Buyer's Agent
Margaret Decker
Lake Homes Realty
List Price
$130,000
Sold Price
$118,000
Premium/Discount to List
-$12,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.65%

Purchase Details

Listed on
Oct 16, 2015
Closed on
Apr 22, 2016
Sold by
Mf Georgia Ii Llc
Bought by
Cottrell Jody Lee
Seller's Agent
Jeanne Dufort
Coldwell Banker Lake Oconee
Buyer's Agent
Rhonda Smith
Keller Williams Realty Lake Oconee
List Price
$92,000
Sold Price
$80,000
Premium/Discount to List
-$12,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$62,089
Interest Rate
3.71%
Mortgage Type
New Conventional

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
Wise Christopher John -- --
Wise Christopher $118,000 --
Cottrell Jody Lee $80,000 --
Mf Georgia Ii Llc $276,500 --
Bank Of North Georgia -- --
Madison River Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wise Christopher J $300,000
Previous Owner Cottrell Jody Lee $62,089
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $118,000 -9.2% --
07/10/2019 07/10/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $130,000 +62.5% --
04/22/2016 04/22/16 Sold $80,000 -13.0% --
03/14/2016 03/14/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $92,000 -- --
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 $2,576 $113,062 $64,000 $49,062
2023 $1,762 $74,955 $64,000 $10,955
2022 $1,235 $50,466 $47,040 $3,426
2021 $1,240 $50,466 $47,040 $3,426
2020 $1,122 $45,248 $45,248 $0
2019 $685 $27,200 $27,200 $0
2018 $695 $27,200 $27,200 $0
2017 $829 $32,000 $32,000 $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

  • Rhonda Smith

    Seller's Agent in 2019

    Rhonda Smith

    Keller Williams Realty Lake Oconee

    (706) 818-0054

    11 in this area

    197 Total Sales

    Rhonda Smith
    Section Image
  • Margaret Decker

    Buyer's Agent in 2019

    Margaret Decker

    Lake Homes Realty

    (404) 800-6976

    3 in this area

    241 Total Sales

    Margaret Decker
    Section Image
  • Jeanne Dufort

    Seller's Agent in 2016

    Jeanne Dufort

    Coldwell Banker Lake Oconee

    (770) 330-9040

    29 in this area

    95 Total Sales

    Jeanne Dufort
    Section Image
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Map

Source: Lake Country Board of REALTORS®

MLS Number: 53754

Lake Country Board of REALTORS®

APN: 051H017000

Georgia Morgan County Madison 30650

1291 Waterstone Dr, Madison, GA

This home is located at 1291 Waterstone Dr, Madison, GA 30650 since 22 May 2019 and is currently estimated at $438,065. 1291 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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