NOT LISTED FOR SALE

498 S Main St Madison, GA 30650

Estimated Value: $912,011

5 Beds
2 Baths
5,964 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $449,000 $75 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,948/month

Highlights

  • City View
  • Dining Room Seats More Than Twelve
  • Wood Flooring
  • Morgan County Primary School Rated A-
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom

About This Home

As of June 2019

A rare opportunity to own and restore one of Georgia’s architectural treasures. Madison’s Foster-Thomason-Miller House is an excellent example of the American Aesthetic Movement with Queen Anne, Italianate, & Gothic Revival elements. Built in 1883 & completely restored in 1986, it received the GA Trust State Preservation Award. Interior elements include extensive original wood carvings, 8 spectacular mantels, 14ft ceilings & numerous motifs of the Aesthetic Movement. Damaged by fire in 2001, the home suffered smoke/water damage & will require significant restoration.

Last Agent to Sell the Property

Michael Redwine

Atlanta Fine Homes Sotheby's International License #330131 Listed on: 07/10/2018

Atlanta Fine Homes Sotheby's International

Co-Listed By

Jeffrey Hagy

Atlanta Fine Homes Sotheby's International License #363925

Last Buyer's Agent

Michael Redwine

Atlanta Fine Homes Sotheby's International License #330131 Listed on: 07/10/2018

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1883

Lot Details

  • 1.02 Acre Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Victorian Architecture
  • Fixer Upper
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 5,964 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Beamed Ceilings
  • Entrance Foyer
  • Family Room with Fireplace
  • 8 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Keeping Room with Fireplace
  • Wood Flooring
  • City Views
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Outdoor Features

  • Wrap Around Porch
  • Outbuilding

Location

  • Property is near schools
  • Property is near shops

Schools

  • Morgan County Elementary And Middle School
  • Morgan County High School

Listing and Financial Details

  • Tax Lot 01
  • Assessor Parcel Number M20071000

Community Details

Recreation

  • Park

Additional Features

  • Historic Subdivision
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,672

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Property Condition: Fixer Upper
  • Year Built: 1883
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Keeping Room, Living Room, Master Bedroom
  • Number Of Fireplaces: 8
  • Interior Amenities: Beamed Ceilings, Bookcases, Entrance Foyer
  • Basement: Crawl Space
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 5964.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Main Full Bathrooms: 1

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Frame
  • Roof Type: Metal
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Wrap Around
  • View: City

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping, Park, Restaurant, Sidewalks, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Historic

Schools

  • Elementary School: Morgan County
  • Middle School: Morgan County
  • High School: Morgan County

Lot Info

  • Acres: 1.0240
  • Lot: 01
  • Land/Lot: 35
  • Plat Book: 00
  • Plat Page: 00
  • Lot Features: Level
  • Lot Dimensions: 1.24
  • Parcel Number: M20071000
  • Property Attached Yn: No

Tax Info

  • Taxes: 3672.00
  • Assessor Parcel Number: M20071000
  • Close Date: 2019-06-20
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Morgan County
  • High School: Morgan County
  • Middle School: Morgan County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2020
Sold by
Bgwl Investments No 1 Llc
Bought by
Homebilt Inc
Current Estimated Value
$912,011

Purchase Details

Listed on
Jul 10, 2018
Closed on
Jul 23, 2019
Sold by
Friesen Real Estate Holdings Llc
Bought by
Bgwl Investments No 1 Llc
Seller's Agent
Michael Redwine
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Michael Redwine
Atlanta Fine Homes Sotheby's International
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%

Purchase Details

Listed on
Jul 10, 2018
Closed on
Jun 20, 2019
Sold by
Madison Morgan Conservancy Inc
Bought by
Minnix David and Minnix Elizabeth
Seller's Agent
Michael Redwine
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Michael Redwine
Atlanta Fine Homes Sotheby's International
List Price
$449,000
Sold Price
$449,000

Purchase Details

Closed on
May 9, 2018
Sold by
Friesen Real Estate Holdin
Bought by
Madison Morgan Conservancy Inc

Purchase Details

Closed on
Dec 15, 2012
Sold by
Friesen Von T
Bought by
Friesen Real Estate Holdings L

Purchase Details

Closed on
Sep 24, 2009
Sold by
Miller Marcia D
Bought by
Friesen Von Tyler and Friesen Jennifer Christy

Purchase Details

Closed on
Dec 29, 1999
Sold by
Miller Marcia
Bought by
Miller Marcia D

Purchase Details

Closed on
Aug 7, 1997
Sold by
Miller Marcia Lee A and Miller K
Bought by
Miller Marcia

Purchase Details

Closed on
Apr 30, 1991
Sold by
Miller Richard Kendall
Bought by
Miller Marcia Lee A and Miller K/A Marcie

Purchase Details

Closed on
Apr 23, 1980
Sold by
Miller Richard K
Bought by
Miller Marcie
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
Homebilt Inc $545,000 --
Bgwl Investments No 1 Llc $350,000 --
Minnix David $449,000 --
Madison Morgan Conservancy Inc $360,000 --
Friesen Real Estate Holdings L -- --
Friesen Von Tyler $605,000 --
Miller Marcia D -- --
Miller Marcia -- --
Miller Marcia Lee A -- --
Miller Marcia Lee A -- --
Miller Marcie -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $449,000 0.0% $75 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
07/10/2018 07/10/18 For Sale $449,000 -- $75 / 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 $13,976 $497,366 $70,000 $427,366
2023 $5,516 $190,702 $70,000 $120,702
2022 $5,252 $174,970 $64,000 $110,970
2021 $5,237 $173,780 $38,000 $135,780
2020 $5,288 $173,780 $38,000 $135,780
2019 $4,046 $130,870 $38,000 $92,870
2018 $3,623 $115,629 $111,417 $4,212
2017 $3,672 $115,418 $111,417 $4,001
2016 $5,835 $179,085 $175,084 $4,001
2015 $5,914 $179,081 $175,080 $4,001
2014 $5,773 $179,300 $175,080 $4,220
2013 -- $152,992 $148,800 $4,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6040569

First Multiple Listing Service (FMLS)

APN: M20071000