NOT LISTED FOR SALE

505 Magnolia Gardens Walk McDonough, GA 30253

Estimated Value: $214,000 - $228,118

3 Beds
2.5 Baths
1,590 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $250,000 $157 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,278/month

17 Days on Market

Highlights

  • Seasonal View
  • Corner Lot
  • No HOA
  • Traditional Architecture
  • Solid Surface Countertops
  • Breakfast Area or Nook

About This Home

As of August 2023

Beautiful Move-In Ready townhouse in conveniently located community with No HOA. The kitchen has been updated with granite counter tops. Large primary bedroom with updated ensuite. 2 secondary bedrooms and an updated guest bathroom. LVP flooring throughout home. This home has been very well maintained and is a must see. Ask how you can receive up to $500 credit by using one of our preferred lenders. Exclusions may apply.

Last Agent to Sell the Property

Christy Barnard

Watkins Real Estate Associates License #377766 Listed on: 07/01/2023

Watkins Real Estate Associates

Co-Listed By

Marcy Todd

Watkins Real Estate Associates License #312220

Last Buyer's Agent

Cristina Zuercher

Atlanta Communities License #361245

Atlanta Communities

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 2006

Lot Details

  • 1 Common Wall
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,590 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Vinyl Flooring
  • Seasonal Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Hall
  • Laundry on upper level

Parking

  • 1 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Schools

  • Wesley Lakes Elementary School
  • Eagles Landing Middle School
  • Eagles Landing High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gardens At Magnolia Village Subdivision

Listing and Financial Details

  • Tax Lot 24

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,830

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 7
  • Year Built: 2006
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: WTKN01
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .46
  • Property Sub-Type: Townhouse
  • Structure Type: House
  • Total Finished Area2: 1590
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1590
  • Above Grade Finished Sq Ft: 1590
  • Interior Amenities: Pulldown Attic Stairs, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Vinyl
  • Kitchen Features: Breakfast Area, Solid Surface Counters
  • Price Per Square Foot: 157.232

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale
  • Roof: Composition
  • View: Seasonal View

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage
  • ParkingTotal: 1

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: In Hall, Upper Level
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Wesley Lakes
  • High School: Eagles Landing
  • High School Bus: Yes
  • Middle School: Eagles Landing
  • Middle School Bus: Yes
  • Elementary School: Wesley Lakes
  • Middle School: Eagles Landing
  • High School: Eagles Landing

Lot Info

  • Land Lot: 126
  • Lot: 24
  • Deed Book: 18528
  • Deed Page: 146
  • Plat Book: 44
  • Plat Page: 109

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2830.3

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 31, 2023
Sold by
Stone Brittany D
Bought by
Gebon Adelia B and Gebon Kenneth G
Seller's Agent
Christy Barnard
Watkins Real Estate Associates
Buyer's Agent
Cristina Zuercher
Atlanta Communities
List Price
$250,000
Sold Price
$250,000
Views
406
Current Estimated Value
$220,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,970
Avg. Annual Appreciation
-5.82%

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 15, 2021
Sold by
Mamut L Suc
Bought by
Stone Brittany Danielle
Seller's Agent
Janeen Rumanes
The Gates Real Estate Group, Inc.
Buyer's Agent
Christy Barnard
Watkins Real Estate Associates
List Price
$190,000
Sold Price
$193,000
Premium/Discount to List
$3,000
1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%
Original Mortgage
$187,210
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2012
Sold by
Gorlovsky Lev A
Bought by
Iliyev S and Magnolia Family Homes Trust

Purchase Details

Closed on
Nov 18, 2011
Sold by
Federal National Mortgage Association
Bought by
Gorlovsky Lev A and Gorlovsky Mira

Purchase Details

Closed on
Aug 2, 2011
Sold by
Bank Of America Na
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jul 19, 2006
Sold by
Sunrise Builders Inc
Bought by
Davenport Terrial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,748
Interest Rate
6.25%
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
Gebon Adelia B $250,000 --
Stone Brittany Danielle $193,000 --
Iliyev S -- --
Gorlovsky Lev A $47,550 --
Federal National Mtg Associati $101,152 --
Bank Of America Na $101,152 --
Davenport Terrial $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Brittany Danielle $187,210
Previous Owner Davenport Terrial $102,748
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $250,000 0.0% $157 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $250,000 +29.5% $157 / Sq Ft
09/15/2021 09/15/21 Sold $193,000 +1.6% $121 / Sq Ft View Prior Sale
08/12/2021 08/12/21 For Sale $190,000 -- $119 / Sq Ft
Source: Georgia MLS

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 $1,329 $98,640 $12,000 $86,640
2024 $1,329 $96,040 $8,000 $88,040
2023 $2,386 $96,800 $8,000 $88,800
2022 $2,382 $74,560 $8,000 $66,560
2021 $2,005 $50,760 $8,000 $42,760
2020 $1,988 $50,080 $8,000 $42,080
2019 $1,958 $47,920 $5,200 $42,720
2018 $1,390 $33,760 $4,800 $28,960
2016 $1,245 $29,800 $4,000 $25,800
2015 $1,047 $23,920 $4,000 $19,920
2014 $886 $20,480 $4,000 $16,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20132155

Georgia MLS

APN: 091K-01-024-000