$185,000
SOLD APR 17, 2025

351 E Washington St Madison, GA 30650

1 Bed
1 Bath
928 Sq Ft
0.63 Acres

Recently Sold

$199 Per Sq Ft

17% Below List Price

66 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Covered patio or porch
  • Morgan County Primary School Rated A-
  • Cottage
  • 1-Story Property

About This Home

As of April 2025

LOCATION! LOCATION! Beautifully updated 1BR/1BA cottage in the heart of Downtown Madison’s Historic District. This inviting home perfectly blends historic character with modern updates, offering a cozy retreat just steps from local dining, boutique shopping, and top-rated schools. Relax on the classic rocking chair front porch or explore the vibrant downtown, all within walking distance on charming sidewalks. Conveniently located just 2.5 miles from I-20 for an easy commute or a short trip to Athens. Don’t miss this rare opportunity to own a piece of Madison’s rich history in one of its most sought-after locations. Investors welcomed!

Last Agent to Sell the Property

Angela Wilson Curry

American Realty Professionals License #174283 Listed on: 01/31/2025

American Realty Professionals

Last Buyer's Agent

Shelby McLeod

Ansley Real Estate Christie's License #410656

Ansley Real Estate Christie's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,381

Year Built

  • Built in 1950

Lot Details

  • 0.63 Acre Lot
  • Level Lot
  • Historic Home

Home Design

  • Cottage
  • Asphalt Shingled Roof

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,381

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Residential Home
  • Architectural Style: Cottage, Historic
  • Property Status: Bank Owned/REO
  • Location: City Limits
  • Directions: E Washington St is off the downtown Madison Square. Google GPS is accurate.
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Smoke Detector, Primary on Main
  • Levels W O Basement: 1 Story
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Estimated Heated Sq Ft: 928

Exterior Features

  • Exterior: Concrete Block, Hardy Board
  • Exterior Features: Covered Porch, Deck
  • Roof: Asphalt/Comp Shingle
  • Substructure: Crawl Space

Utilities

  • Air Conditioner: Central Electric
  • Heat: Central
  • Sewer: Septic
  • Water Heater: Electric

Lot Info

  • Estimated Number of Acres: 0.63
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Topography: Gentle Slope, Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Apr 17, 2025
Sold by
351 East Washington Street Llc
Bought by
351 East Washington Street Llc
Seller's Agent
Angela Wilson Curry
American Realty Professionals
Buyer's Agent
Shelby McLeod
Ansley Real Estate Christie's
List Price
$222,500
Sold Price
$185,000
Premium/Discount to List
-$37,500
-16.85%
Views
175
Current Estimated Value
$187,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,386
Avg. Annual Appreciation
9.12%

Purchase Details

Listed on
Jan 31, 2025
Closed on
Apr 16, 2025
Sold by
Pennymac Loan Services Llc
Bought by
Palmer Jennifer
Seller's Agent
Angela Wilson Curry
American Realty Professionals
Buyer's Agent
Shelby McLeod
Ansley Real Estate Christie's
List Price
$222,500
Sold Price
$185,000
Premium/Discount to List
-$37,500
-16.85%
Views
175

Purchase Details

Closed on
Aug 7, 2024
Sold by
Beaver Spencer Lee
Bought by
Pennymac Loan Services Llc

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 27, 2022
Sold by
Algin Investments Llc
Bought by
Beaver Spencer Lee
List Price
$239,900
Sold Price
$207,000
Premium/Discount to List
-$32,900
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.69%
Original Mortgage
$209,090
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2021
Sold by
Algin Properties Llc
Bought by
Algin Investments Llc

Purchase Details

Closed on
Dec 6, 2018
Sold by
Messer Penny Bone
Bought by
Algin Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,700
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2012
Sold by
Bone Franklin H
Bought by
Messer Penny Bone and Bone Mary April

Purchase Details

Closed on
Feb 3, 1976
Sold by
Bone Annie L Estate
Bought by
Bone Franklin H

Purchase Details

Closed on
Nov 10, 1949
Sold by
Few Walker
Bought by
Bone B C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $185,000 --
Administrators Deed $183,300 --
Warranty Deed $207,000 --
Warranty Deed -- --
Warranty Deed $122,000 --
Warranty Deed -- --
Deed $3,000 --
Deed $1,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $209,090 New Conventional
Previous Owner $103,700 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $185,000 -7.5% $199 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
03/20/2025 03/20/25 Price Changed $199,900 -4.8% $215 / Sq Ft
03/05/2025 03/05/25 Price Changed $209,900 -5.7% $226 / Sq Ft
01/31/2025 01/31/25 For Sale $222,500 +7.5% $240 / Sq Ft
05/27/2022 05/27/22 Sold $207,000 -13.7% $229 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $239,900 -- $265 / Sq Ft
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 $2,381 $84,728 $26,400 $58,328
2023 $2,255 $77,944 $25,600 $52,344
2022 $1,587 $52,866 $17,800 $35,066
2021 $1,255 $41,648 $17,400 $24,248
2020 $1,267 $41,648 $17,400 $24,248
2019 $1,287 $41,648 $17,400 $24,248
2018 $818 $26,111 $4,000 $22,111
2017 $802 $25,204 $4,000 $21,204
2016 $516 $15,820 $4,000 $11,820
2015 $495 $15,000 $4,000 $11,000
2014 $469 $14,556 $4,000 $10,556
2013 -- $13,200 $4,000 $9,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 68009

Lake Country Board of REALTORS®

APN: M18039000