NOT LISTED FOR SALE

525 Magnolia Cir Palmetto, GA 30268

Estimated Value: $259,000 - $281,000

3 Beds
2.5 Baths
1,387 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $260,000 $187 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,652/month

87 Days on Market

Highlights

  • Open-Concept Dining Room
  • Gated Community
  • Property is near public transit
  • New Construction
  • Craftsman Architecture
  • White Kitchen Cabinets

About This Home

As of May 2024

Take advantage of the newly refreshed price and seize the opportunity to call this exceptional townhouse yours. Welcome home to luxury living in this impeccable 3-bedroom, 3-bath townhouse that redefines modern comfort. with a refreshing price update. Now is the perfect time to make your move! This Gem boast of a spacious open floor plan, ideal for entertaining and everyday living. Gorgeous Primary bedroom with an en-suite bathroom, creating your own private oasis. Convenient garage for secure parking and extra storage space. Complete appliance package included, making moving in a breeze. The energy efficient design will keep you living comfortably as you create new memories with you family and friends. Conveniently located just off I 85 and US Hwy 29. This Gem is just 20 minutes from the Atlanta International Airport, Fayetteville Pavilion & Peachtree City shopping areas. & 25 mins from the city of Atlanta; with access to a plethora of Eateries, Horseback riding & more. * NEW CONSTRUCTION MOVE IN READY HOME ***PALMETTO COVE***

Last Agent to Sell the Property

Doreen McQueen

EXP Realty, LLC. License #360739 Listed on: 01/08/2024

EXP Realty, LLC.

Last Buyer's Agent

Israel Linares

NewHomesMate LLC License #392972

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $320

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Property fronts a private road
  • Two or More Common Walls
  • Back Yard Fenced

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 1,387 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the lower level
  • Window Treatments
  • Open-Concept Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • White Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Palmetto Elementary School
  • Bear Creek - Fulton Middle School
  • Creekside High School

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Steam
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Electrical and Environmental Controls
  • Patio

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 07 310000692846

Community Details

Overview

  • $500 Initiation Fee
  • Atlanta Community Services Association, Phone Number (770) 904-5270
  • Secondary HOA Phone (678) 730-0973
  • Palmetto Cove Subdivision
  • FHA/VA Approved Complex

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$320

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Craftsman, Townhouse
  • Property Condition: New Construction
  • Year Built: 2023
  • Accessibility Features: Accessible Electrical and Environmental Controls
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Washer
  • Interior Amenities: High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Pantry
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Laundry, Master Bathroom, Master Bedroom, Other
  • Dining Room Features: Open Concept
  • Square Footage: 1387.00
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Cement Siding, Concrete
  • Roof Type: Shingle
  • Fencing: Back Yard, Fenced, Privacy
  • Patio And Porch Features: Patio
  • Exterior Features: Private Yard
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Heating: Central, Electric, Heat Pump, Hot Water
  • Laundry Features: In Hall, Laundry Room, Upper Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds
  • Community Features: Gated, Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Street Lights
  • Association Fee: 1800
  • Association Fee Frequency: Annually
  • F H A Condo Approval: Yes
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-904-5270
  • Management Company Email: bree@atlantacommunityservices.com
  • Management Phone: 678-730-0973
  • Subdivision Complex: Palmetto Cove

Association/Amenities

  • Management Company: Atlanta Community Services

Schools

  • Elementary School: Palmetto
  • Middle School: Bear Creek - Fulton
  • High School: Creekside

Lot Info

  • Lot: 13
  • Land/Lot: 00
  • Section G M D: 00
  • Plat Book: 00
  • Plat Page: 00
  • Lot Features: Private
  • Parcel Number: 07 310000692846
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Assessor Parcel Number: 07-3100-0069-284-6
  • Close Date: 2024-05-07
  • Tax Year: 2022

MLS Schools

  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Palmetto
  • High School: Creekside
  • Middle School: Bear Creek - Fulton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
May 7, 2024
Sold by
Cure Leonard Allan
Bought by
Mathis Sharice
Seller's Agent
Doreen McQueen
EXP Realty, LLC.
Buyer's Agent
Israel Linares
NewHomesMate LLC
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%
Views
89
Current Estimated Value
$271,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,172
Avg. Annual Appreciation
1.58%
Original Mortgage
$234,000
Outstanding Balance
$231,146
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$34,279
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
Mathis Sharice $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathis Sharice $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $260,000 0.0% $187 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $260,000 -5.5% $187 / Sq Ft
01/12/2024 01/12/24 Price Changed $275,000 -1.8% $198 / Sq Ft
01/08/2024 01/08/24 For Sale $280,000 -- $202 / 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 $320 $101,600 $15,840 $85,760
2023 $320 $11,320 $11,320 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7321905

First Multiple Listing Service (FMLS)

APN: 07-3100-0069-284-6