NOT LISTED FOR SALE

308 Magnolia Villas Dr Cornelia, GA 30531

Estimated Value: $374,000 - $482,000

5 Beds
3.5 Baths
2,709 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $377,695 $139 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,691/month

15 Days on Market

Highlights

  • New Construction
  • Main Floor Primary Bedroom
  • High Ceiling
  • Craftsman Architecture
  • Loft
  • Solid Surface Countertops

About This Home

As of February 2024

MOVE IN READY!!! Brand new 5BR/3.5BA 2-Story Home w Owner's Suite on Main Level + Huge Bonus Rm/2nd Family Rm Upstairs in Habersham County's #1 Selling New Homes Community!!! *** NEW YEAR NEW HOME INCENTIVE!!! Only $1,000 Earnest Money (Primary Residence. Investor EM $10K), FREE $3,500 Brick Front Accent, A Seller's contribution towards closing costs with a Preferred Lender (approx +/- $3000), PLUS up to $10,000 BONUS CASH w Preferred Lender for additional closing costs/prepaids/rate buydown. Contact lenders directly for a free pre-qualification letter & a closing estimate. Lender list in photos section. Must close within 30 days of contract. Offer expires daily at 5pm. Email lender pre-qualification letter or cash proof of funds letter to Listing Agent to sign builder's contract. Contracts are e-signed 1st Come, 1st Serve in the order in which these letters are received from a Ready, Willing & Able Buyer. *** 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 blue cabinetry with crown molding & hardware, soft close cabinet doors, kitchen island w pendant lights, kitchen farm sink, upgraded kitchen backsplash, upgraded flooring pkg, owner's ensuite 5' walk-in shower w glass door, laundry sink, additional phone/tv outlets & ceiling fan prewire in bonus rm. Add 2" faux wood blinds $2800. Add WiFi garage door opener w 2 remotes $900. 30 day contingency acceptable if other property is under contract & will be closing within 30 days of contract on this home. Agency Disclosure: If you are, or will be, working with an agent, your agent is your point of contact & must accompany you to Seller's property at all times. If you contact us directly to assist you &/or to show our own listings, we will not pay a buyer's brokerage commission & you agree to be responsible for your agent's fees.

Last Agent to Sell the Property

DANA J DOCKERY

Adams Homes Realty Inc License #219626 Listed on: 01/12/2024

Adams Homes Realty Inc

Last Buyer's Agent

Jerry Harkness

Keller Williams Lanier Partners License #367943

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 8,712 Sq Ft Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Brick Frame
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,709 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Loft
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Kitchen
  • Accessible Entrance

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 110

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • ArchitecturalStyle: Brick/Frame, Craftsman
  • Main Level Half Bathrooms: 1
  • Financing Type: FHA
  • GreenEnergyEfficient: Insulation, Thermostat
  • Levels: Two
  • Lot Size Acres: .20
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2709
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Ice Maker, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Basement: None
  • Total Finished Sq Ft: 2709
  • Above Grade Finished Sq Ft: 2709
  • Interior Amenities: High Ceilings, Double Vanity, Pulldown Attic Stairs, Separate Shower, Walk-In Closet(s), Master On Main Level
  • Accessibility Features: Accessible Full Bath, Accessible Kitchen, Accessible Entrance
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Carpet, Vinyl
  • Kitchen Features: Breakfast Room, Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 139.42

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Central
  • Laundry Features: Upper Level
  • 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: 110
  • Plat Book: 59
  • Plat Page: 122

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 22, 2024
Sold by
Adams Homes Aec Llc
Bought by
Forde Anthony L
Seller's Agent
DANA J DOCKERY
Adams Homes Realty Inc
Buyer's Agent
Jerry Harkness
Keller Williams Lanier Partners
List Price
$377,695
Sold Price
$377,695
Views
47
Current Estimated Value
$422,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,504
Avg. Annual Appreciation
9.30%
Original Mortgage
$370,853
Outstanding Balance
$365,462
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$63,048

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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Average Value
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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
Forde Anthony L $377,695 --
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 Forde Anthony L $370,853
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $377,695 0.0% $139 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $377,695 -- $139 / 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
2024 $4,057 $156,296 $18,600 $137,696
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: 20166511

Georgia MLS

APN: 088-043V