NOT LISTED FOR SALE

505 Madison Ct SE Smyrna, GA 30080

Estimated Value: $262,000 - $293,000

2 Beds
2 Baths
1,151 Sq Ft
$250/mo HOA Fee

Last Sold April 10, 2020

Last sale price $185,000 $161 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,923/month

7 Days on Market

Highlights

  • Fitness Center
  • Open-Concept Dining Room
  • Contemporary Architecture
  • Campbell High School Rated A-
  • Clubhouse
  • Wooded Lot

About This Home

As of April 2020

Sweet ground floor urban retreat w/serene, private, wooded view from the deck! Enjoy the walkability to Smyrna Village and a quick Uber ride to the Braves Stadium. Easy access to 285/75 and all things Atlanta. 2 bed/2 bath makes this the perfect roommate plan. Granite countertops & newly refinished white cupboards give the kitchen a sleek modern feel. Hardwood in common area. Huge master suite w/designer closet & a spa bathroom. The community also boasts a pool, small gym, dog walk and a relaxing area to picnic. This beautiful GEM is ready for you to call it HOME!

Last Agent to Sell the Property

Kristen Lee Mehr

RE/MAX Around Atlanta Realty License #353398 Listed on: 03/17/2020

RE/MAX Around Atlanta Realty

Last Buyer's Agent

Tod Von Brinegar

HomeSmart

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1973

Lot Details

  • End Unit
  • Landscaped
  • Wooded Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,151 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room
  • Open-Concept Dining Room
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Open Access

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Enclosed Patio or Porch
  • Gazebo
  • Outdoor Storage

Location

  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17045001040

Community Details

Overview

  • $500 Initiation Fee
  • 104 Units
  • Sentry Management Association
  • Mid-Rise Condominium
  • Madison At Village Green Subdivision

Amenities

  • Clubhouse

Recreation

  • Swim or tennis dues are required
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,841

Year Built

Built in 1973

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern, Mid-Rise (up to 5 stories), Traditional
  • Property Condition: Resale
  • Year Built: 1973
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, High Speed Internet, Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, Eat-in Kitchen, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1151.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Soaking Tub, Separate Tub/Shower

Exterior Features

  • Other Structures: Gazebo
  • Construction Materials: Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Covered, Enclosed
  • Exterior Features: Storage

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Open Access, Smoke Detector(s), Fire Sprinkler System
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Trash, Maintenance Grounds, Pest Control, Termite
  • Community Features: Clubhouse, Homeowners Assoc, Near Trails/Greenway, Fitness Center, Pool, Near Shopping
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Monthly
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 404-459-8951
  • Management Company Email: kgriggs@sentrymgt.com
  • Subdivision Complex: Madison at Village Green

Association/Amenities

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

Lot Info

  • Acres: 0.1000
  • Section G M D: 2
  • Plat Book: 16
  • Plat Page: 18
  • Lot Features: Landscaped, Wooded
  • Parcel Number: 17045001040
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 1841.00
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Smyrna
  • High School: Campbell
  • Middle School: Campbell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 10, 2020
Sold by
Lowery Melissa
Bought by
Gunsauley Brooke M
Seller's Agent
Kristen Lee Mehr
RE/MAX Around Atlanta Realty
Buyer's Agent
Tod Von Brinegar
HomeSmart
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$271,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,626
Avg. Annual Appreciation
7.05%
Original Mortgage
$175,750
Outstanding Balance
$155,355
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$116,271

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 27, 2018
Sold by
Forrester Kimberly
Bought by
Lowery Melissa
Seller's Agent
Valorie Price
Keller Williams Elevate
Buyer's Agent
Amanda Kautzer
NOT A VALID MEMBER
List Price
$176,500
Sold Price
$167,500
Premium/Discount to List
-$9,000
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$159,125
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Madison At Village Green Llc
Bought by
Forrester Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gunsauley Brooke M $185,000 None Available
Lowery Melissa $167,500 --
Forrester Kimberly $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunsauley Brooke M $175,750
Previous Owner Lowery Melissa $159,125
Previous Owner Forrester Kimberly $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2020 04/10/20 Sold $185,000 0.0% $161 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $185,000 +10.4% $161 / Sq Ft
04/27/2018 04/27/18 Sold $167,500 -5.1% $146 / Sq Ft View Prior Sale
03/23/2018 03/23/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $176,500 0.0% $153 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $176,500 -- $153 / 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
2025 $2,920 $107,508 $28,000 $79,508
2024 $2,920 $107,508 $28,000 $79,508
2023 $2,611 $96,124 $28,000 $68,124
2022 $2,328 $85,084 $15,200 $69,884
2021 $2,034 $74,000 $15,160 $58,840
2020 $1,842 $67,000 $15,040 $51,960
2019 $1,842 $67,000 $15,040 $51,960
2018 $1,517 $65,124 $15,200 $49,924
2017 $1,182 $55,800 $14,000 $41,800
2016 $1,183 $55,800 $14,000 $41,800
2015 $994 $47,496 $14,000 $33,496
2014 $1,003 $47,496 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6697501

First Multiple Listing Service (FMLS)

APN: 17-0450-0-104-0