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For sale

$420,000

Price cut $90,000

Est. monthly cost

$3,748/mo

1040 E Magnolia Loop, Madison, GA 30650

Listing by Opendoor Brokerage

Beds
4
Baths
3.5
Sq ft
2,807
Lot
1.08 acres

About this home

INCREDIBLE BUYER INCENTIVES: $8,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $8,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 1040 E Magnolia Loop is a one-story Madison home with a brick exterior, a two-car garage, and mature landscaping. The kitchen is well-equipped with wood cabinetry, granite countertops, a tile backsplash, a double wall oven, and a center island with bar seating that opens toward the breakfast and living areas. The main living room centers on a fireplace, and a sunroom lined with windows overlooks the rear lawn. Bedrooms are carpeted and generously sized, including a primary suite with a bathroom that has a double-sink vanity, a corner soaking tub, and a separate glass-enclosed shower. A laundry room with cabinetry adds convenience. Clean, neutral finishes carry throughout, and the expansive backyard offers wide-open green space.. Included 100-Day Home Warranty with buyer activation

Type
Single Family Residence
Year built
2005
Price per sq ft
$150
HOA
$1,125/mo
Garage
—
Property tax (2025)
$4,129/yr
Listed
—
MLS #
10809193

Features

Basement

Interior

Other

Appliances

Microwave · Dishwasher · Range · Other

Heating

Central

Cooling

Central Air

Flooring

Carpet · Hardwood

Property details

Interior

Bedrooms on main level:
4
Primary bedroom on main:
Yes
Fireplaces:
1
Basement:
Finished
Laundry:
Other
Security:
Gated Community
Levels:
One and One Half

Exterior and lot

Lot size:
1.08 acres
Fencing:
Wood

Construction

Architectural style:
Other
Construction materials:
Brick, Vinyl Siding
Roof:
Composition
Foundation:
Slab
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Public
Utilities:
Water Available, Electricity Available

Parking

Parking total:
2
Parking features:
Garage, Attached

Community and HOA

Subdivision:
Madison Lakes
HOA:
Yes
HOA fee:
$1,125/month
Association fee includes:
Swimming, Tennis, Other
Community features:
Pool, Tennis Court(s), Clubhouse, Fitness Center, Park

Taxes and financial

Annual tax amount:
$4,129 (2025)
Listing terms:
Cash, Conventional, VA Loan, FHA

Monthly cost

Estimated monthly cost

$3,748/mo

Principal & interest
$2,069
Property taxes
$344
Home insurance
$210
HOA dues
$1,125

$84,000

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Nov 4, 2026Price decreased$420,000−3.4%
Oct 24, 2026Listed for sale$510,000

Schools

  • Morgan

    Elementary

  • Morgan

    Middle

  • Morgan

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Madison Lakes

Listing information

Listing office:
Opendoor Brokerage
Listing ID:
10809193
Status:
For sale

Source: Georgia MLS · Updated 1m ago · Nov 11, 2026, 4:45 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 11, 2026, 4:45 AM ET

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