Seller's Agent in 2021
Jeff Royal
Sargasso Realty
(706) 342-9807
2 in this area
5 Total Sales
877 S Main St Madison, GA 30650
Estimated Value: $1,331,420 - $1,852,000
8
Beds
9
Baths
10,222
Sq Ft
$153/Sq Ft
Est. Value
Highlights
- Guest House
- Second Kitchen
- Home Theater
- Morgan County Primary School Rated A-
- Wine Cellar
- 2-minute walk to Walton Park
About This Home
As of September 2021Southern charm meets modern-day luxury! Historic reproduction with cir. 1889 guest cottage on 1.8 acres lot in Madison, GA's famed historic district. This 10,000+ sq ft home boasts 8 bedrooms, 7 full and 2 half baths with pool, porches, formal gardens, courtyard, orchard, huge master-on-main w/ vaulted ceilings, his/her closets. Full apartment on 3rd floor, plus finished daylight basement feat. theater, gym, wine cellar, home office, rec room/billiards area. Front and rear driveways, designer kitchen, reclaimed heart pine floors, built-ins, 4-car garage and much more! Main level features formal living and dining rooms, eat-in kitchen and den looking out onto cloistered pool/patio served by separate full bath/changing room and equipped with outdoor wet bar. 4 BRs on 2nd floor with ensuite baths. Solid mahogany doors. Walk from pool through iron gate down into formal gardens with potting shed, then out into the orchard w/ fruit trees irrigated with private well. Stroll around the corner through the archway into the courtyard to play bocce or croquet in privacy, yet walkable to the downtown Madison with all the dining, shopping, and historic elegance it has to offer.
This gorgeous estate has everything a family could want and all within an hours drive from Atlanta, 20 minutes from Lake Oconee, and 30 minutes from downtown Athens. The home is currently operated as a successful Bed & Breakfast, and could be purchased as a business investment for an aspiring hospitality entrepreneur looking to escape the City for an idyllic small-town lifestyle. Owners are even willing to sell the home with the business and fully-furnished, offering a turn-key transition into a profitable venture. Or, purchase empty and ready for your own customizations!
Last Buyer's Agent
NON-MLS NMLS
Non FMLS Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,786
Year Built
- Built in 1996
Lot Details
- 1.79 Acre Lot
- Lot Dimensions are 395 x 197
- Property fronts a state road
- Wood Fence
- Landscaped
- Level Lot
- Irrigation Equipment
- Garden
- Back Yard Fenced and Front Yard
Parking
- 4 Car Garage
- Parking Accessed On Kitchen Level
- Side Facing Garage
- Driveway Level
- Secured Garage or Parking
Home Design
- Colonial Architecture
- Shingle Roof
- Cement Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 10,222 Sq Ft Home
- 3-Story Property
- Wet Bar
- Bookcases
- Ceiling height of 10 feet on the lower level
- Gas Log Fireplace
- Insulated Windows
- Two Story Entrance Foyer
- Wine Cellar
- Family Room with Fireplace
- 7 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Theater
- Home Office
- Game Room
- Workshop
- Sauna
- Home Gym
- Permanent Attic Stairs
Kitchen
- Second Kitchen
- Open to Family Room
- Eat-In Kitchen
- Butlers Pantry
- Double Oven
- Gas Oven
- Indoor Grill
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Pine Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Oversized primary bedroom
- 8 Bedrooms | 1 Primary Bedroom on Main
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- Vaulted Bathroom Ceilings
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Window or Skylight in Bathroom
Laundry
- Laundry Room
- Laundry on lower level
- 220 Volts In Laundry
- Laundry Chute
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Finished Basement Bathroom
- Natural lighting in basement
Home Security
- Security Lights
- Smart Home
- Closed Circuit Camera
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Pool House
- In Ground Pool
- Gunite Pool
- Saltwater Pool
Outdoor Features
- Balcony
- Courtyard
- Deck
- Covered Patio or Porch
- Separate Outdoor Workshop
- Shed
- Outbuilding
Location
- Property is near schools
- Property is near shops
Schools
- Morgan County Elementary And Middle School
- Morgan County High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Dehumidifier
- Heating System Uses Natural Gas
- Underground Utilities
- 220 Volts
- 110 Volts
- Gas Water Heater
- Phone Available
- Satellite Dish
- Cable TV Available
Additional Features
- Energy-Efficient Thermostat
- Guest House
Community Details
- Park
Listing and Financial Details
- Assessor Parcel Number M21004000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2021
Closed on
Sep 23, 2021
Sold by
Royal C Everett
Bought by
Montero Fernan Gonzalo and Montero Veronique Natalie
Seller's Agent
Jeff Royal
Sargasso Realty
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$1,295,000
Sold Price
$1,015,000
Premium/Discount to List
-$280,000
-21.62%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,355
Avg. Annual Appreciation
11.19%
Purchase Details
Closed on
Mar 4, 2016
Sold by
Royal Jane E
Bought by
Royal Jeffrey E
Purchase Details
Closed on
Apr 3, 1995
Sold by
Waldrep Margaret E
Bought by
Royal C Everett
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montero Fernan Gonzalo | $1,015,000 | -- | |
| Royal Jeffrey E | -- | -- | |
| Royal Jeffrey E | -- | -- | |
| Royal C Everett | $90,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2021 09/23/21 | Sold | $1,015,000 | -21.6% | $99 / Sq Ft |
| 07/09/2021 07/09/21 | Pending | -- | -- | -- |
| 01/04/2021 01/04/21 | For Sale | $1,295,000 | -- | $127 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,837 | $397,264 | $70,000 | $327,264 |
| 2023 | $11,026 | $392,824 | $70,000 | $322,824 |
| 2022 | $11,044 | $379,558 | $64,000 | $315,558 |
| 2021 | $11,449 | $379,931 | $60,000 | $319,931 |
| 2020 | $12,587 | $413,609 | $56,570 | $357,039 |
| 2019 | $12,786 | $413,609 | $56,570 | $357,039 |
| 2018 | $11,016 | $413,609 | $56,570 | $357,039 |
| 2017 | $13,952 | $438,520 | $59,971 | $378,549 |
| 2016 | $14,298 | $438,784 | $60,000 | $378,784 |
| 2015 | $12,309 | $438,520 | $60,000 | $378,520 |
| 2014 | $12,120 | $376,440 | $68,000 | $308,440 |
| 2013 | -- | $373,080 | $57,800 | $315,280 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Royal
-
N
Buyer's Agent in 2021
NON-MLS NMLS
Non FMLS Member
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 6824031
APN: M21004000
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