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1080 East Magnolia Loop

1080 East Magnolia Loop, Madison, GA 30650
Property in Morgan
Sold Jun 17, 2009
$335,000
Sold Feb 24, 2005
$71,500
$296,000 by Main Street Bank
Mortgage Due Mar 01, 2035
1080 East Magnolia Loop has been categorized by the local assessors in Madison, GA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. However, we must point out that the home was most recently renovated and altered in 2006. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1080 East Magnolia Loop has 2,886 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 44,431 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 720 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1080 East Magnolia Loop was last sold in Jun 12, 2009 for $335,000. According to our calculations, that's $116.08 per sqft. Prior to that sales transaction, the property was sold for $71,500 in Feb 24, 2005. Current property owners are expected to pay $4,051 in taxes per year. The property on 1080 East Magnolia Loop was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $174,369. To break that down further, the land itself was valued at $21,600. While improvements to the property were assessed at a total of $152,769. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2006
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,790
  • Garage Type: Garage
  • Garage Square Area: 720
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 2,886
  • Building Area: 2,886
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,886
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MADISON LAKES
  • Land Acres: 1.02
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MADISON LAKES PSE 1 NEIGH 2 LOT 11

Ownership

  • Current Owner : ARTHUR ALLEN T
  • Current Owner 2: ARTHUR JENNIFER S
  • Previous Owner : PENDYALA LAKSHMANA
  • Owner Before Previous Owner: CROOKED CREEK HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Morgan County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 010500

Zoning

  • Zoning: PUD-PLANNE

Geography

  • Account Number: 10389
  • District: 4
  • Section: 2
  • Subdivision Phase Number: 1
  • Parcel: 046C 011
  • Lot: 186
  • Municipality: UNINCORPORATED
  • Latitude: 33.5305
  • Longitude: -83.4543

    Address

  • Full Address: 1080 E Magnolia Loop
  • Address - House Number: 1080
  • Street Direction: E
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Loop
  • State: GA
  • City Name: Madison
  • Carrier Code: R003
  • 4-Digit Zip Code: 5069
  • Zip Code: 30650

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,051
  • Tax Rate Code Area: UNINCORPOR

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 676,383
  • High Value: 812,226
  • Low Value: 540,540

    Market Valuation

  • Market Total Value: $435,922
  • Market Land Value: $54,000
  • Market Improvement Value: $381,922

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,369
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $152,769

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2009
  • Current Sale Recording Date: Jun 17, 2009
  • Current Sale Transaction ID: 1080113248
  • Current Sale Price: $335,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 104-2009-000484
  • Previous Sale Recording Date: Feb 24, 2005
  • Previous Sale Contract Date: Feb 24, 2005
  • Previous Sale Amount: $71,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 17, 2009
  • First Mortgage Loan Amount: $268,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: MAIN STREET BANK
  • Previous Mortgage Transaction Date: Feb 24, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $296,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Morgan



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Frequently Asked Questions

What neighborhood is 1080 East Magnolia Loop located in?
The 1080 East Magnolia Loop is a located in the neighborhood of Morgan in Morgan, Madison.
What is the average sales price for listings in 1080 East Magnolia Loop?
The average sales price for units in 1080 East Magnolia Loop is $0 currently.

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