NOT LISTED FOR SALE

290 Magnolia Villas Dr Cornelia, GA 30531

Estimated Value: $297,000 - $368,000

3 Beds
2 Baths
1,522 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $285,525 $188 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,129/month

39 Days on Market

Highlights

  • Craftsman Architecture
  • Dining Room Seats More Than Twelve
  • High Ceiling
  • South Habersham Middle School Rated 9+
  • Partially Wooded Lot
  • Solid Surface Countertops

About This Home

As of June 2023

Back on Market at No Fault of Seller. This is the only ranch home in the community that is under construction and not already under contract. All other ranches are 5+ months from being completed. This one will be Move In Ready Approximately +/- June and will not be on the market long...HURRY!!! ***GRAND OPENING - 17 HOMES ALREADY SOLD!!! Only $1,000 Earnest Money (Primary Residence. Investor EM $10K), A Seller's contribution towards closing costs with a Preferred Lender (contact lenders directly for closing estimate - lender list in photos section) PLUS an additional $5K with a Preferred Lender towards escrows, pre-paids &/or a rate buydown!!! Offer expires 03/31/23. Email lender pre-qualification letter to Listing Agent to sign builder's contract prior to deadline.*** Be one of the 1st homeowners in the new homes section of Magnolia Villas!!! Welcome Home to Gorgeous North Georgia and enjoy all the luxuries of the Southern Appalachian Foothills from farm to table dining & wineries to some of the best outdoor adventures in the tri-state area of GA, NC & SC!!! Multi-Award Winning, Family Owned Builder. 1 Yr Builder's Warranty, 2 Yr Systems Warranty, 10 Yr Structural Warranty, 2 Pre-Closing Walk-Throughs & a Smart Home Package. Extensive included features list & color samples in photos section. Upgrades include brick front accent, upgraded white cabinetry with crown molding & hardware, pendant lights over kitchen island, whole house upgraded LVP flooring (no carpet), 5' walk-in shower w glass door in owner's en suite and covered patio wired & braced for ceiling fan + tv prewire. All options & color selections are pre-determined by builder's designer - changes are not offered. If you are or will be working with an agent, your agent is your point of contact & must accompany you at all times. If our agents assist you directly &/or show our listings, we will not pay a buyer's brokerage commission & you agree to be responsible for your agent's fees. Photos of completed home are not of this home, but of the same builder plan & are for illustration purposes only - upgrades & color selections vary by home. Please do not disturb or ask construction workers questions. They are not authorized to provide information & all questions must go through Listing Agent. For safety, legal & liability reasons, do not access any property or homesite with active construction. Move in ready +/- June is an approximation based on the information that is available to Seller at this time & is not guaranteed. Closing Date will be scheduled upon receipt of Certificate of Occupancy after home completion. 30 day contingency acceptable if other property is under contract. Homesite #114 - no lockbox yet, 24/7 access.

Last Agent to Sell the Property

DANA J DOCKERY

Adams Homes Realty Inc License #219626 Listed on: 02/08/2023

Adams Homes Realty Inc

Last Buyer's Agent

Carol Smith

Atlanta Communities License #130301

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2023

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Home to be built
  • Craftsman Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,522 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Vinyl Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Separate Shower

Laundry

  • Laundry in Mud Room
  • Laundry Room

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level

Accessible Home Design

  • Accessible Kitchen
  • Accessible Hallway

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Porch

Schools

  • Cornelia Elementary School
  • South Habersham Middle School
  • Habersham Central High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • $250 Initiation Fee
  • Association fees include management fee
  • Magnolia Villas Subdivision

Listing and Financial Details

  • Tax Lot 114

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,000

Year Built

Built in 2023

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • ArchitecturalStyle: Brick/Frame, Craftsman, Ranch
  • Financing Type: FHA
  • GreenEnergyEfficient: Insulation, Thermostat
  • Levels: One
  • Lot Size Acres: .20
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1522
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Ice Maker, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: None
  • Total Finished Sq Ft: 1522
  • Above Grade Finished Sq Ft: 1522
  • Interior Amenities: High Ceilings, Double Vanity, Pulldown Attic Stairs, Separate Shower, Walk-In Closet(s), Master On Main Level
  • Accessibility Features: Accessible Kitchen, Accessible Hallway(s)
  • Full Bathrooms: 2
  • Flooring: Vinyl
  • Kitchen Features: Breakfast Room, Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 187.6

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Lot Features: Other
  • Patio And Porch Features: Patio, Porch
  • Property Condition: To Be Built
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage, Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Central
  • Laundry Features: In Mud Room
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 250
  • Association: Yes
  • Community Features: None

Fee Information

  • Initiation Fee: 250
  • Association Fee Includes: Management Fee

Schools

  • Elementary School: Cornelia
  • High School: Habersham Central
  • Middle School: South Habersham
  • Elementary School: Cornelia
  • Middle School: South Habersham
  • High School: Habersham Central

Lot Info

  • Lot: 114
  • Plat Book: 59
  • Plat Page: 122

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Jun 2, 2023
Sold by
Adams Homes Aec Llc
Bought by
Mojica Alan and Mendoza Guevara Jessica
Seller's Agent
DANA J DOCKERY
Adams Homes Realty Inc
Buyer's Agent
Carol Smith
Atlanta Communities
List Price
$281,525
Sold Price
$285,525
Premium/Discount to List
$4,000
1.42%
Views
111
Current Estimated Value
$322,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,326
Avg. Annual Appreciation
5.56%
Original Mortgage
$276,425
Outstanding Balance
$269,033
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$53,818

Purchase Details

Closed on
Jun 3, 2021
Sold by
Mccain Investments Properties Llc
Bought by
Adams Homes Aec Llc
Source: Public Records

Range of Values:

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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
Mojica Alan $281,600 --
Adams Homes Aec Llc $5,719,500 --
Mccain Investment Properties Llc $4,675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mojica Alan $45,000
Open Mojica Alan $276,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $285,525 +1.4% $188 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $281,525 0.0% $185 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $281,525 +1.8% $185 / Sq Ft
02/08/2023 02/08/23 For Sale $276,525 -- $182 / Sq Ft
Source: Georgia MLS

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 $4,348 $129,191 $18,600 $110,591
2024 $2,791 $107,528 $18,600 $88,928
2023 $465 $18,600 $18,600 $0
2022 $485 $18,600 $18,600 $0
2021 $9 $340 $340 $0
2020 $9 $340 $340 $0
2019 $9 $340 $340 $0
2018 $9 $340 $340 $0
2017 $0 $340 $340 $0
2016 $9 $850 $340 $0
2015 -- $850 $340 $0
2014 $9 $850 $340 $0
2013 -- $340 $340 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20102410

Georgia MLS

APN: 088-043Z