NOT LISTED FOR SALE

407 Madison Ln SE Smyrna, GA 30080

Estimated Value: $272,000 - $283,000

2 Beds
2 Baths
1,203 Sq Ft
$275/mo HOA Fee

Last Sold August 10, 2020

Last sale price $196,000 $163 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,939/month

Highlights

  • Fitness Center
  • In Ground Pool
  • Deck
  • Campbell High School Rated A-
  • No Units Above
  • Oversized primary bedroom

About This Home

As of August 2020

Awesome location in the center of Smyrna in desirable Madison at Village Green. This top floor 2-bedroom unit features spacious rooms and open floor plan! Recently updated kitchen. Solid surface counter tops. Hardwood floors, plenty of cabinets and storage. Huge master bedroom with walk in closet. Open concept with plenty of privacy. Abundant community conveniences.

Last Agent to Sell the Property

Tom Wethern

NOT A VALID MEMBER License #355713 Listed on: 07/22/2020

NOT A VALID MEMBER

Last Buyer's Agent

Alexandra Houggard

Keller Williams North Atlanta License #390955

Keller Williams North Atlanta

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 2007

Lot Details

  • 1,307

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,203 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Wood Flooring
  • Laundry in Hall

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Smyrna Elementary School
  • Campbell Middle School
  • Campbell High School

Additional Features

  • No Units Above
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 17045001230

Community Details

Overview

  • $500 Initiation Fee
  • 104 Units
  • Sentry Mgmt Association, Phone Number (404) 459-8951
  • Secondary HOA Phone (404) 459-8841
  • The Madison At Village Green Subdivision
  • Rental Restrictions

Recreation

  • Fitness Center
  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,480

Year Built

Built in 2007

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2007
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Stone Counters, View to Family Room
  • Common Walls: No One Above
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1203.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Deck, Enclosed
  • Pool Features: In Ground
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Fire Sprinkler System
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Swim/Tennis, Termite, Trash, Water
  • HOA Rent Restrictions: Yes
  • Community Features: Fitness Center, Pool
  • Association Fee: 3300
  • Association Fee Frequency: Annually
  • Master Association Fee: 3300
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-459-8951
  • Management Phone: 404-459-8841
  • Subdivision Complex: The Madison at Village Green

Association/Amenities

  • Number Of Units In Community: 104
  • Management Company: Sentry Mgmt

Schools

  • Elementary School: Smyrna
  • Middle School: Campbell
  • High School: Campbell

Lot Info

  • Acres: 0.0300
  • Land/Lot: 450
  • Section G M D: 2
  • Deed Book: 14566
  • Deed Page: 3099
  • Plat Book: 16
  • Plat Page: 18
  • Lot Dimensions: x
  • Parcel Number: 17045001230
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 1480.00
  • Assessor Parcel Number: 17-0450-0-123-0
  • Close Date: 2020-08-10
  • Tax Year: 2019

MLS Schools

  • Elementary School: Smyrna
  • High School: Campbell
  • Middle School: Campbell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 10, 2020
Sold by
Wethern Charles D
Bought by
Damore Ashley Marie
Seller's Agent
Tom Wethern
NOT A VALID MEMBER
Buyer's Agent
Alexandra Houggard
Keller Williams North Atlanta
List Price
$194,900
Sold Price
$196,000
Premium/Discount to List
$1,100
0.56%
Current Estimated Value
$277,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,251
Avg. Annual Appreciation
7.52%
Original Mortgage
$190,120
Outstanding Balance
$170,535
Interest Rate
3%
Estimated Equity
$113,825

Purchase Details

Listed on
Sep 14, 2017
Closed on
Nov 16, 2017
Sold by
Hemphill Amber Tai
Bought by
Wethern Charles D
Seller's Agent
Arnaldo San Martin
Bolst, Inc.
Buyer's Agent
Tom Wethern
NOT A VALID MEMBER
List Price
$162,900
Sold Price
$163,400
Premium/Discount to List
$500
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$158,498
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2015
Closed on
Feb 5, 2016
Sold by
Magee Meghan W
Bought by
Hemphill Amber Tai Tai
Seller's Agent
JON MATTHEW ALLEN
NOT A VALID MEMBER
Buyer's Agent
Arnaldo San Martin
Bolst, Inc.
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$136,482
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2007
Sold by
Madison Of Village Green Llc
Bought by
Magee Meghan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,400
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Damore Ashley Marie $196,000 Round Table Title Llc
Wethern Charles D $163,400 --
Hemphill Amber Tai Tai $139,000 --
Magee Meghan W $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wethern Charles D $158,498
Previous Owner Hemphill Amber Tai Tai $136,482
Previous Owner Magee Meghan W $149,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $196,000 +0.6% $163 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $194,900 +19.3% $162 / Sq Ft
11/16/2017 11/16/17 Sold $163,400 +0.3% $136 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $162,900 +17.2% $135 / Sq Ft
02/05/2016 02/05/16 Sold $139,000 -0.6% $121 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $139,900 -- $122 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $2,402 $108,872 $28,000 $80,872
2023 $1,686 $96,764 $28,000 $68,764
2022 $1,994 $86,252 $15,200 $71,052
2021 $2,071 $75,332 $15,200 $60,132
2020 $1,480 $67,608 $15,200 $52,408
2019 $1,480 $67,608 $15,200 $52,408
2018 $1,429 $64,932 $15,200 $49,732
2017 $1,424 $55,216 $14,000 $41,216
2016 $1,424 $55,216 $14,000 $41,216
2015 $973 $46,716 $14,000 $32,716
2014 $983 $46,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6755699

First Multiple Listing Service (FMLS)

APN: 17-0450-0-123-0