NOT LISTED FOR SALE

503 N Main St Madison, GA 30650

Estimated Value: $1,997,215

4 Beds
5 Baths
4,370 Sq Ft
$457/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,275,000 $292 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,862/month

386 Days on Market

Highlights

  • Guest House
  • Barn
  • Heated In Ground Pool
  • Morgan County Primary School Rated A-
  • Tennis Courts
  • 3 Acre Lot

About This Home

As of July 2020

Fully renovated Historic Madison estate on 3.5+/- acres w/pool, guest house, outdoor kitchen, 2 lighted tennis courts, firepit & 200-year old live oak. The beautiful white kitchen impresses w/an island, La Cornue gas stove, marble details, a fireplace & wet bar. Elegant entertaining rooms & large bedrooms w/updated baths. Fireside master w/luxurious master bathroom & extensive built-ins. Mudroom & side porch lead to brick patio/firepit & 3-car garage w/open air rm w/FP. Guest house w/full kitchen, cathedral ceiling in LR w/FP, bedroom & bath. Moments to Downtown.

Last Agent to Sell the Property

Clay Henderson

Atlanta Fine Homes Sotheby's International License #181512 Listed on: 05/20/2019

Atlanta Fine Homes Sotheby's International

Co-Listed By

Haden Henderson

Atlanta Fine Homes Sotheby's International License #379398

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,569

Year Built

  • Built in 1835 | Remodeled

Lot Details

  • 3 Acre Lot
  • Property fronts a state road
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Garden

Parking

  • 3 Car Detached Garage

Home Design

  • Colonial Architecture
  • Metal Roof
  • Cedar

Interior Spaces

  • 4,370 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Shutters
  • Entrance Foyer
  • Family Room with Fireplace
  • 8 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Computer Room
  • Sun or Florida Room
  • Wood Flooring
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • White Kitchen Cabinets
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio
  • Outdoor Storage
  • Side Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Guest House
  • Barn

Listing and Financial Details

  • Assessor Parcel Number M07113000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,569

Year Built

Built in 1835 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Condition: Updated/Remodeled
  • Year Built: 1835
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Number Of Fireplaces: 8
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 10 ft Main, High Ceilings 10 ft Upper
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Kitchen Island, Pantry, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Living Room, Sun Room
  • Square Footage: 4370.00
  • Spa Features: None
  • Window Features: Shutters

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Barn(s), Guest House
  • Construction Materials: Cedar
  • Roof Type: Metal
  • Fencing: Chain Link, Fenced, Wood
  • Patio And Porch Features: Deck, Patio, Side Porch
  • Exterior Features: Garden, Private Yard, Storage, Tennis Court(s)
  • Pool Features: Heated, Gunite, In Ground
  • Pool Private: Yes

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Number Of Parking Spaces: 3
  • Parking Features: Detached

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Electric: None

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Acres: 3.0000
  • Lot Features: Landscaped, Level, Private
  • Parcel Number: M07113000
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 11569.00
  • Assessor Parcel Number: M07113000
  • Close Date: 2020-07-31
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 31, 2020
Sold by
Friesen Von T
Bought by
Collins Brian and Collins Sherri Ann
Seller's Agent
Clay Henderson
Atlanta Fine Homes Sotheby's International
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$1,590,000
Sold Price
$1,275,000
Premium/Discount to List
-$315,000
-19.81%
Current Estimated Value
$1,997,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,215
Avg. Annual Appreciation
9.38%
Original Mortgage
$510,000
Outstanding Balance
$457,464
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,518,832

Purchase Details

Closed on
Mar 29, 2007
Sold by
Spell L Penn
Bought by
Friesen Von T and Friesen Jennifer C

Purchase Details

Closed on
Apr 3, 2003
Sold by
Hunt Marilyn Ruth Br
Bought by
Spell L Penn

Purchase Details

Closed on
Aug 7, 1980
Sold by
Blackmon Cheryl Hunt Brown
Bought by
Hunt Marilyn Ruth Brown
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
Collins Brian $1,275,000 --
Friesen Von T $917,500 --
Spell L Penn $722,500 --
Hunt Marilyn Ruth Brown $16,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Brian $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $1,275,000 -8.9% $292 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
01/17/2020 01/17/20 Price Changed $1,399,000 -6.1% $320 / Sq Ft
10/03/2019 10/03/19 Price Changed $1,490,000 -6.3% $341 / Sq Ft
07/15/2019 07/15/19 For Sale $1,590,000 0.0% $364 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $1,590,000 -- $364 / 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 $15,158 $541,021 $96,866 $444,155
2023 $14,324 $496,833 $85,470 $411,363
2022 $14,020 $468,700 $85,470 $383,230
2021 $13,617 $451,850 $72,800 $379,050
2020 $11,406 $374,813 $56,000 $318,813
2019 $11,416 $369,305 $56,000 $313,305
2018 $11,569 $369,222 $56,000 $313,222
2017 $11,353 $356,839 $56,000 $300,839
2016 $9,952 $305,415 $56,000 $249,415
2015 $9,962 $301,656 $56,000 $245,656
2014 $8,678 $269,528 $60,000 $209,528
2013 -- $278,704 $60,000 $218,704
Source: Public Records

Agents Affiliated with this Home

  • Clay Henderson

    Seller's Agent in 2020

    Clay Henderson

    Atlanta Fine Homes Sotheby's International Realty

    (770) 652-1890

    4 in this area

    143 Total Sales

    Clay Henderson
    Section Image
  • Haden Henderson

    Seller Co-Listing Agent in 2020

    Haden Henderson

    Atlanta Fine Homes Sotheby's International Realty

    (404) 874-0300

    4 in this area

    145 Total Sales

    Haden Henderson
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6555934

First Multiple Listing Service (FMLS)

APN: M07113000

Georgia Morgan County Madison 30650

503 N Main St, Madison, GA

This home is located at 503 N Main St, Madison, GA 30650 since 20 May 2019 and is currently estimated at $1,997,215, approximately $457 per square foot. This property was built in 1835. 503 N Main St is a home located in Morgan County with nearby schools including Morgan County Primary School, Morgan County Elementary School, and Morgan County Middle School.

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