NOT LISTED FOR SALE

617 A Walton St Madison, GA 30650

Estimated Value: $347,000 - $725,000

1.18 Acres
$406,024 Price per Acre
51,401 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $343,000

Est. 40% increase in value since last sale

Current estimated payment $2,673/month

8 Days on Market

Highlights

  • 1.18 Acre Lot
  • No HOA
  • Park
  • Morgan County Primary School Rated A-
  • Tennis Courts
  • Property is near schools and shops

About This Lot

As of May 2024

Welcome to a once-in-a-lifetime opportunity to own a piece of history in the heart of Downtown Madison. This exclusive real estate offering comprises two adjacent lots (parcel numbers are M10 032 I and M10 032 H) totaling an impressive 1.18 acres, situated in the revered historic district, offering an unparalleled canvas for your dream residence. Key Features: Prime Location: Nestled within the historic district of Downtown Madison, renowned for its timeless charm, vibrant culture, and architectural significance. Two Lots, Endless Possibilities: This offering includes two lots, seamlessly combining to provide 1.18 acres of prime real estate. The first lot, slightly sloped and open, presents a pristine canvas for constructing your custom-designed residence. The second lot features a piece of history, boasting an old horse barn and a historic cottage, offering potential for renovation or the opportunity to start afresh. Historic Charm: The presence of a historic cottage and horse barn adds character and nostalgia to the property. These structures, with their rich heritage, offer the unique potential for restoration. Cottage could be a perfect in-law suite or small apartment. Scenic Surroundings: Immerse yourself in the picturesque beauty of Madison's historic district, with tree-lined streets, quaint shops, and cultural landmarks just moments away. Don't miss this rare chance to own a piece of Madison's history and create your own legacy in the heart of the city. Contact us today to schedule a private viewing and explore the endless possibilities that await on these remarkable residential lots. Owner is Agent.

Last Agent to Sell the Property

Douglas Suto

High Point Real Estate Group License #419493 Listed on: 03/08/2024

Last Buyer's Agent

Chris Hodges

Madison Realty License #174216

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $378

Lot Details

  • 1.18 Acre Lot
  • Open Lot
  • 2 Lots in the community

Location

  • Property is near schools and shops
  • City Lot

Schools

  • Morgan County Primary/Elementa Elementary School
  • Morgan County Middle School
  • Morgan County High School

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$378

Lot Details

1.18 Acres

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Lot Size Acres: 1.18
  • Property Sub-Type: Residential Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: City Lot, Open Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Playground, Racquetball, Sidewalks, Street Lights, Tennis Court(s), Walk To Schools, Walk To Shopping

Schools

  • Elementary School: Morgan County Primary/Elementa
  • High School: Morgan County
  • Middle School: Morgan County

Lot Info

  • Total Lots: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 377.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 16, 2024
Sold by
Suto Rebekah Larkey
Bought by
Hodges Foss Gilbert
Seller's Agent
Douglas Suto
High Point Real Estate Group
Buyer's Agent
Chris Hodges
Madison Realty
List Price
$350,000
Sold Price
$343,000
Premium/Discount to List
-$7,000
-2%
Views
31
Current Estimated Value
$479,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,108
Avg. Annual Appreciation
19.68%
Original Mortgage
$274,400
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2022
Sold by
Oak House Llc
Bought by
Tamasi Matthew A and Tamasi Karey

Purchase Details

Closed on
Jan 20, 2011
Sold by
Lake Oconee Community Bank
Bought by
Oak House Llc

Purchase Details

Closed on
Mar 2, 2010
Sold by
Dupree Tom E
Bought by
Lake Oconee Community Bank
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
Hodges Foss Gilbert $343,000 --
Tamasi Matthew A $640,000 --
Suto Rebekah Larkey $300,000 --
Oak House Llc $220,000 --
Lake Oconee Community Bank $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hodges Foss Gilbert $274,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $343,000 -2.0% --
03/16/2024 03/16/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $350,000 0.0% --
03/09/2024 03/09/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $350,000 -- --
Source: Georgia MLS

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 $1,837 $66,356 $62,370 $3,986
2024 $1,629 $57,986 $54,000 $3,986
2023 $1,601 $55,357 $52,000 $3,357
2022 $378 $12,585 $10,536 $2,049
2021 $379 $12,586 $8,704 $3,882
2020 $243 $8,000 $4,591 $3,409
2019 $247 $8,000 $4,591 $3,409
2018 $617 $8,000 $4,591 $3,409
2017 $812 $25,524 $16,000 $9,524
2016 $847 $26,001 $16,000 $10,001
2015 $856 $25,920 $16,000 $9,920
2014 $832 $25,840 $16,000 $9,840
2013 -- $26,560 $16,000 $10,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10263661

Georgia MLS

APN: M1003200H

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