NOT LISTED FOR SALE

248 Magnolia Blossom Way Athens, GA 30606

Estimated Value: $395,200 - $439,000

3 Beds
2.5 Baths
1,752 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $380,000 $217 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,642/month

18 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Screened Porch
  • Clarke Central High School Rated A-
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of February 2024

Charleston style charm conveniently located in the heart of Athens, GA. Featuring an owner's suite on the main level with custom closet and offering 2 bedrooms, shared bathroom and laundry upstairs. This home has been lovingly updated with refinished hardwood floors, nearly every light fixture and ceiling fan replaced, cozy flagstone patio, fresh interior paint plus the big-ticket items with two new heat pumps, water heater and 6 year old roof! Loads of natural light flood the two story Great Room with wood burning fireplace. You'll love evenings on the expansive porches. The Cottages at Homewood is highly sought-after community offering over 20 acres of greenspace and walking trails, neighborhood sidewalks and close proximity to all things Athens with easy access to Loop 10 and the new Publix shopping center on HWY 129. Offering an easy bike ride or drive to Normaltown (2 miles), Bottleworks (2.8 miles) and downtown Athens (3 miles)! No need for a mower, lawn maintenance is included in your HOA fee.

Last Agent to Sell the Property

Heather McElroy

BHHS Georgia Properties (Athen License #274191 Listed on: 12/15/2023

Last Buyer's Agent

Cara Thompson

5Market Realty License #358703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,238

Year Built

  • Built in 2006

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Whitehead Road Elementary School
  • Burney-Harris-Lyons Middle School
  • Clarke Central High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System

Community Details

  • Cottages At Homewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113A5 A005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,238

Year Built

Built in 2006

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2006
  • Subdivision Name: Cottages at Homewood
  • Reso Flooring: Carpet, Tile, Wood
  • Reso Interior Features: Ceiling Fan(s), Cathedral Ceiling(s)
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Home Warranty: No
  • Exterior Features: Other, Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Street Lights, Sidewalks

Schools

  • Middle Or Junior School: Burney-Harris-Lyons

Lot Info

  • Parcel Number: 113A5 A005
  • ResoLotSizeUnits: Acres
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 3238.0

MLS Schools

  • Elementary School: Whitehead Road Elementary
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Feb 1, 2024
Sold by
Risalvato Francesco G
Bought by
Cates Claire and Cates Hannah
Seller's Agent
Heather McElroy
BHHS Georgia Properties (Athen
Buyer's Agent
Cara Thompson
5Market Realty
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Views
490
Current Estimated Value
$410,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,300
Avg. Annual Appreciation
4.73%
Original Mortgage
$361,000
Outstanding Balance
$354,984
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$55,316

Purchase Details

Listed on
Jul 25, 2017
Closed on
Oct 23, 2017
Sold by
Newell Ryan E
Bought by
Risalvato Francesco G
Seller's Agent
Jane Ellen Hanks
Keller Williams Greater Athens
Buyer's Agent
Scott Nichols
Keller Williams Greater Athens
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$188,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2009
Sold by
Williams Andrew M
Bought by
Newell Ryan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,051
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2006
Sold by
Not Provided
Bought by
Newell Ryan E and Davis Jocelyn R

Purchase Details

Closed on
Jan 4, 2006
Sold by
Not Provided
Bought by
Newell Ryan E and Davis Jocelyn R
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
Cates Claire $380,000 --
Risalvato Francesco G $235,000 --
Newell Ryan E $218,000 --
Newell Ryan E $229,700 --
Newell Ryan E $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cates Claire $361,000
Previous Owner Risalvato Francesco G $188,000
Previous Owner Newell Ryan E $214,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $380,000 -1.3% $217 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/15/2023 12/15/23 For Sale $385,000 +63.8% $220 / Sq Ft
10/23/2017 10/23/17 Sold $235,000 -2.1% $134 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $240,000 -- $137 / 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
2024 $4,266 $151,474 $14,000 $137,474
2023 $4,234 $137,609 $14,000 $123,609
2022 $3,587 $122,443 $13,000 $109,443
2021 $3,449 $112,354 $12,000 $100,354
2020 $2,968 $98,072 $12,000 $86,072
2019 $2,984 $97,888 $12,000 $85,888
2018 $2,807 $92,684 $12,000 $80,684
2017 $2,528 $84,468 $12,000 $72,468
2016 $2,401 $80,709 $12,000 $68,709
2015 $2,430 $81,456 $12,000 $69,456
2014 $2,156 $73,282 $12,000 $61,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM1012477

Savannah Multi-List Corporation

APN: 113A5-A-005