$280,000
NEW CONSTRUCTION $15K PRICE DROP

536 Magnolia Cir Unit 116 Palmetto, GA 30268

Estimated payment $1,928/month

Total Views 1,757
3 Beds
2.5 Baths
1,760 Sq Ft
$159 Price per Sq Ft

Highlights

  • Open-Concept Dining Room
  • No Units Above
  • Deck
  • New Construction
  • City View
  • Traditional Architecture

About This Home

The seller will consider a lease purchase with a $5,000 down payment. This home is priced to sell and won't last long. Bring your best offer - the seller is motivated and ready to make a deal! Step into contemporary luxury with this nearly new, move-in-ready townhome located just 20 minutes from Downtown Atlanta and Hartsfield-Jackson Airport! Situated in a rapidly growing area with trendy new restaurants just a short walk away, this is urban living with a neighborhood feel. This spacious, open-concept floor plan features a large eat-in kitchen with stunning granite countertops throughout - ideal for gathering and entertaining. The main level offers a seamless flow between the modern kitchen, dining space, and cozy living area, all bathed in natural light from oversized windows. Enjoy your mornings on the back patio with a cup of coffee or unwind in the evening with a martini under the stars. Upstairs, the expansive master suite includes a private en-suite bath, while two additional bedrooms offer versatility - perfect for guests, a home office, or a growing family.

Listing Agent

Kim Owens

Cox & Company Real Estate, LLC. License #242953 Listed on: 05/23/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1,089 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Privacy Fence

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Family Room
  • Open-Concept Dining Room
  • City Views
  • Pull Down Stairs to Attic
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Steam
  • Underground Utilities
  • 220 Volts
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Property is near shops

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 07 310000693877

Community Details

Overview

  • $500 Initiation Fee
  • Palmetto Cove Subdivision
  • FHA/VA Approved Complex

Recreation

  • Community Playground

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,778

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: New Construction
  • Year Built: 2023
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1760.00
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood, Laminate
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Disappearing Attic Stairs, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Additional Rooms: Family Room, Laundry
  • Dining Room Features: Open Concept
  • Square Footage: 1760.00
  • Spa Features: None
  • Window Features: ENERGY STAR Qualified Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Roommate Floor Plan
  • 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: Brick
  • Roof Type: Slate
  • Fencing: Privacy
  • Patio And Porch Features: Deck
  • View: City
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Attached, Garage, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Security System Leased, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Hot Water
  • Laundry Features: Laundry Closet, Laundry Room
  • Utilities: Cable Available, Electricity Available, Underground Utilities
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure
  • Community Features: Homeowners Assoc, Near Shopping, Playground, Sidewalks, Street Lights
  • Association Fee: 1800
  • Association Fee Frequency: Annually
  • F H A Condo Approval: Yes
  • Association: Yes
  • Subdivision Complex: Palmetto Cove

Schools

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

Lot Info

  • Acres: 0.0250
  • Lot: 116
  • Deed Book: 66990
  • Deed Page: 322
  • Lot Features: Level, SDEWL, STLGT
  • Parcel Number: 07 310000693877
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2778.00
  • Assessor Parcel Number: 07-3100-0069-387-7
  • Tax Year: 2024

MLS Schools

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $106,360 $16,000 $90,360
2023 $320 $11,320 $11,320 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $280,000 -3.4% $159 / Sq Ft
06/05/2025 06/05/25 Price Changed $290,000 -1.7% $165 / Sq Ft
05/23/2025 05/23/25 For Sale $295,000 -- $168 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $269,920 FHA
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7585449

First Multiple Listing Service (FMLS)

APN: 07-3100-0069-387-7