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$285,000

Beds
4
Baths
2.0
sq ft
Unknown

1050 Whitley Lake Rd, Madison, GA 30650

1050 Whitley Lake Rd

Madison, GA 30650

  • Pending
    • Price drop $14,000↓
Welcome to 1050 Whitley Lake Road, Madison, GA 30650. This is a charming single-family home offering a blend of comfort and convenience. Situated on a 1.01-acre lot, this property provides ample outdoor space for various activities.? Inside, you will find 4 spacious bedrooms, providing flexibility for families, guests, or home offices and 2 full bathrooms, designed for functionality and comfort.? The adorable kitchen features brand new appliances and access to a unique loft area with endless possibilities. This home also includes new HVAC and the roof is approx. 2 years old! Located in the picturesque town of Madison, GA, this home offers a serene environment while being within reach of essential amenities. The property is approximately 3.5 miles from downtown Madison, providing easy access to local shops, dining, and cultural attractions. Additionally, it's about a 30-minute drive to Athens or Monroe, expanding your options for work and leisure.

Details

Property type

Single Family Residence

Est. home value

$355,289

Lot size

1.01 acres

Price per sq ft

Unknown

Year built

1979

Annual property taxes

$2,533

HOA

No

Price History

04/07/2025
FMLS

FMLS #7548180

Pending
$285,000
04/01/2025
FMLS

FMLS #7548180

Price change
$285,000
-4.68%
03/24/2025
FMLS

FMLS #7548180

Listed
$299,000
+19.6%

Schools & Community

Elementary school: 

Morgan County

Middle school: 

Morgan County

High school: 

Morgan County

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$78,166
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$184,034
Cash to seller
$78,166

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale

Loan start date

July 2021

Original loan amount

$200,000

Est. remaining balance

$184,034

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Raymond H Rousseau

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 04/08/2025 at 11:15 PM

Listing updated: 04/07/2025 at 8:00 PM

Listed by: Alex Hulsey, Simple Showing, Inc. Phone #: (470) 946-6499

MLS: FMLS #7548180

FMLS logo

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