Seller's Agent in 2024
Kelly Lanier
Breco Realty & Investments
(706) 474-0282
52 Total Sales
196 Magnolia Blossom Way Athens, GA 30606
Estimated Value: $350,910 - $416,000
3
Beds
2.5
Baths
1,626
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit
- Solid Surface Countertops
- Clarke Central High School Rated A-
- Wood Flooring
- Breakfast Area or Nook
About This Home
As of January 2024This charming cottage home at The Cottages of Homewood offers an excellent investment opportunity with tenants already in place. As you step inside, you'll immediately notice the bold custom molding and staircase with oak treads, adding character and elegance to the home. The kitchen features granite countertops, a large sink, and stainless steel appliances. The second level of the home includes a beautiful primary suite with large walk in closet and a primary bath with tile flooring and shower. There are also two additional bedrooms and a full bath. Relax and sit back on your back deck in the evening or for morning coffee. This property provides easy access to downtown Athens, making it convenient for work, shopping, and dining. You're close to everything Athens has to offer. If you're looking for an investment property that is already generating rental income, this is a great opportunity. Leased through July15, 2024, for $1890 a month and professionally managed. Perfect for parent buyers needing occupancy for August, 2024. Buy now and receive rent until needed in August. It's located 1 mile from Normaltown and 2.5 miles to downtown Athens. The Cottages at Homewood is a pocket neighborhood offering over 20 acres of neighborhood green space with walking trails and a creek. This community is nestled just behind Homewood Shopping Center and is within walking/biking distance to Bishop Park offering Saturday morning Farmer's Market and all that Normaltown has to offer which is only a mile away!
Last Agent to Sell the Property
Breco Realty & Investments License #359020 Listed on: 11/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,459
Year Built
- Built in 2006
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
HOA Fees
- $100 Monthly HOA Fees
Home Design
- Bungalow
- Block Foundation
- Composition Roof
- Concrete Siding
Interior Spaces
- 1,626 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Laundry in Mud Room
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Parking Accessed On Kitchen Level
- Side or Rear Entrance to Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near shops
Schools
- Whitehead Road Elementary School
- Burney Harris Lyons Middle School
- Clarke Central High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Community Details
- Association fees include ground maintenance
- The Cottages At Homewood Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2023
Closed on
Jan 8, 2024
Sold by
Verity David
Bought by
Francis Megan
Seller's Agent
Kelly Lanier
Breco Realty & Investments
Buyer's Agent
Stephen Molloy
HomeSmart
List Price
$340,000
Sold Price
$340,000
Views
211
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,978
Avg. Annual Appreciation
5.20%
Original Mortgage
$243,500
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2014
Sold by
Farmer Ashley E
Bought by
Verity David and Verity Virginia
Purchase Details
Closed on
May 30, 2006
Sold by
Not Provided
Bought by
Farmer Ashley W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
6.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 15, 2006
Sold by
Not Provided
Bought by
Farmer Ashley W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Francis Megan | $340,000 | -- | |
| Verity David | $172,500 | -- | |
| Farmer Ashley W | $196,000 | -- | |
| Farmer Ashley W | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Francis Megan | $243,500 | |
| Previous Owner | Farmer Ashley W | $156,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2024 01/08/24 | Sold | $340,000 | 0.0% | $209 / Sq Ft |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
| 11/09/2023 11/09/23 | For Sale | $340,000 | -- | $209 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $3,432 | $118,424 | $14,000 | $104,424 |
| 2023 | $3,701 | $110,700 | $14,000 | $96,700 |
| 2022 | $3,174 | $99,514 | $13,000 | $86,514 |
| 2021 | $3,080 | $91,399 | $12,000 | $79,399 |
| 2020 | $2,700 | $80,116 | $12,000 | $68,116 |
| 2019 | $2,716 | $79,988 | $12,000 | $67,988 |
| 2018 | $2,576 | $75,884 | $12,000 | $63,884 |
| 2017 | $0 | $71,365 | $12,000 | $59,365 |
| 2016 | $2,318 | $68,285 | $12,000 | $56,285 |
| 2015 | $2,343 | $68,897 | $12,000 | $56,897 |
| 2014 | $2,118 | $62,202 | $12,000 | $50,202 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Lanier
-
Stephen Molloy
Buyer's Agent in 2024
Stephen Molloy
HomeSmart
(678) 787-3848
162 Total Sales
Map
Source: Georgia MLS
MLS Number: 20157438
APN: 113A5-A-018
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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