$10K in Closing Costs Offered by the Seller! This home was custom built for the builder's wife so you know this one is a Show Stopper! What a stunning 4 bedroom, 4.5 bathroom home in the desirable, gated Madison Lakes Subdivision offers luxury and comfort with over 4,000 sq ft of living space on a spacious half acre lot. This beautiful home combines modern amenities with timeless elegance. MAIN LEVEL: The large Primary Suite with vaulted ceilings is conveniently located on the main floor and features His & Her vanities and walk in closets. A spacious family room with custom built ins and cozy fireplace, along with a separate living room also equipped with a fireplace, provides plenty of space and relaxation for the whole family. The gourmet kitchen boasts a large island with plenty of seating around and stainless steel appliances, a double oven, walk in pantry and separate bar with ice maker. This is an entertainers dream with a wide open floor plan with walk out access to the 2023 built Trex deck that extends to most of the back of the house. It has new railings and gate out to the open back yard. The main floor also includes a laundry room with a sink and ample storage near the 3 car garage. UPPER LEVEL offers a large bonus room with a full bath, perfect for a home theater, office or playroom PLUS a second versatile bonus/flex room. One of the upstairs bedrooms features itCOs own en-suite and walk in closet while two additional bedrooms share a Jack & Jill bathroom, each with their own walk in closets. This homeCOs premium lot backs up to serene green space and peaceful view from the deck. This gated community offers resort-style amenities including a tennis court, swimming pool, clubhouse, fitness center, playground and a lake. With the ideal location near I-20, shopping and restaurants you donCOt want to miss this opportunity to be in a beautifully, custom designed home and receive $10,000 in closing costs from the seller!
Closed
$526,500
1040 W Magnolia Loop, Madison, GA 30650
4beds
4,177sqft
Single Family Residence
Built in 2006
0.51 Acres Lot
$599,900 Zestimate®
$126/sqft
$4,454 Estimated rent
Home value
$599,900
Estimated sales range
Not available
$4,454/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Premier Realty Group 404-384-2818,
Century 21 Results,
Lynzi Kiser 404-384-2818,
Century 21 Results
Bought with:
Jerry Craig, 183301
Greater Athens Properties
Source: GAMLS,MLS#: 10367792
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bonus Room, Keeping Room, Media Room, Office
Dining room
- Features: Seats 12+
Kitchen
- Features: Breakfast Bar, Kitchen Island, Walk-in Pantry
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Cooktop, Dishwasher, Double Oven, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Other
Features
- Bookcases, Master On Main Level, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Hardwood
- Windows: Double Pane Windows
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Family Room, Gas Log, Gas Starter, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,177
- Total interior livable area: 4,177 sqft
- Finished area above ground: 4,177
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Sprinkler System
- Waterfront features: No Dock Or Boathouse
- Body of water: None
Lot
- Size: 0.51 Acres
- Features: Level
- Residential vegetation: Grassed
Details
- Additional structures: Covered Dock
- Parcel number: 046C 047
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Traditional
- Property subtype: Single Family Residence
Materials
- Concrete
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Underground Utilities, Water Available
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Gated, Golf, Lake, Playground, Pool, Sidewalks, Tennis Court(s), Walk To Schools, Near Shopping
- Security: Gated Community, Smoke Detector(s)
- Subdivision: Madison Lakes
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Swimming, Tennis
- HOA fee: $1,020 annually
Location
- Region: Madison
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $580,704
- Annual tax amount: $3,766
- Date on market: 8/27/2024
- Cumulative days on market: 55 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2024 | Sold | $526,500-2.5%$126/sqft |
Source:  GAMLS #10367792 Report a problem | ||
| 10/7/2024 | Listed for sale | $540,000$129/sqft |
Source: GAMLS #10367792 Report a problem | ||
| 9/25/2024 | Pending sale | $540,000$129/sqft |
Source:  FMLS GA #7445424 Report a problem | ||
| 9/17/2024 | Contingent | $540,000$129/sqft |
Source: GAMLS #10367792 Report a problem | ||
| 9/12/2024 | Price change | $540,000-6.1%$129/sqft |
Source: GAMLS #10367792 Report a problem | ||
| 9/6/2024 | Listed for sale | $575,000-1.7%$138/sqft |
Source: FMLS GA #7445424 Report a problem | ||
| 9/4/2024 | Contingent | $585,000$140/sqft |
Source: GAMLS #10367792 Report a problem | ||
| 8/29/2024 | Listed for sale | $585,000+25.8%$140/sqft |
Source: FMLS GA #7445424 Report a problem | ||
| 2/8/2019 | Sold | $465,000$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,206 +15% | $232,282 +7.5% |
| 2024 | $4,526 +8% | $216,079 +10.4% |
| 2023 | $4,189 +1.6% | $195,699 +5.2% |
| 2022 | $4,124 +2% | $185,974 +2.2% |
| 2021 | $4,042 -0.9% | $181,974 |
| 2020 | $4,080 -11% | $181,974 |
| 2019 | $4,584 -0.1% | $181,974 +0.3% |
| 2018 | $4,588 -1.5% | $181,445 -0.1% |
| 2017 | $4,657 +3.6% | $181,709 +5.7% |
| 2016 | $4,495 | $171,900 +8.3% |
| 2015 | $4,495 +7% | $158,760 -2.4% |
| 2014 | $4,201 +0.3% | $162,720 +28.6% |
| 2013 | $4,189 | $126,520 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
Find assessor info on the county website
Neighborhood: 30650
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Nearby schools
GreatSchools rating
- 7/10Morgan County Elementary SchoolGrades: 3-5Distance: 4.3 mi
- 6/10Morgan County Middle SchoolGrades: 6-8Distance: 4.4 mi
- 8/10Morgan County Charter High SchoolGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Morgan County Primary/Elementa
- Middle: Morgan County
- High: Morgan County
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$599,900
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Estimated market value
$599,900
- Georgia
- Morgan County
- Madison
- 30650
- 1040 W Magnolia Loop
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