tomo logo

$1,195,000

Beds
4
Baths
3.5
sq ft
3,855

172 N Second St, Madison, GA 30650

172 N Second St

Madison, GA 30650

  • 152 days on market
    • Price drop $50,000↓
This property would make a perfect B&B! Step into elegance with this beautifully restored Victorian home, that combines classic charm with modern comforts. This exquisite property features spacious living areas, high ceilings, and an abundance of natural light. Walking through the front door and into the two story foyer, you'll be pleased to see that home retains most of the beautiful and original hardwood floors that run throughout the main living areas, adding warmth and character. Located off the foyer is the half bathroom along with a bedroom with an en suite full bathroom. Down the hall, the dining room is perfect gathering spot for friends and family. It has an alcove of windows that brighten up the room and it opens up right into the kitchen on one side, and a coffee bar/wet bar on the other side. The kitchen includes a central, large island with stone countertops, electricity and bar seating, stainless steel appliances such as the built in microwave, and the oversized gas range with dual ovens, and wainscoting to add that extra touch. From there, you'll reach the living room that features a gorgeous chandelier, a central fireplace, built-ins, and floor to ceiling windows! Upstairs, the owner's suite has a charming entrance door with stained glass. This bedroom is incredibly spacious with an abundance of natural light and his & hers walk-in closets with custom built-in cabinets. The en suite bathroom is a luxurious space designed for relaxation. It features a freestanding jacuzzi tub, perfect for soaking, a separate steamer shower, and a vanity area for personal care. The room is adorned with elegant fixtures and a soft color palette, enhancing its tranquil atmosphere. Also on the second level, you'll find a sitting area, a bedroom used as an office, and an additional bedroom with a full bath that includes a jacuzzi tub. Outdoors is perfect for entertaining and such a dreamy experience! Dive into crystal-clear waters in your saltwater pool, complete with a mesmerizing waterfall that adds a soothing ambiance. If swimming isn't your thing, then you can bask in the sun on luxurious lounging chairs strategically placed around the pool. Whether you're catching up on your favorite book, sipping a cold drink, or simply soaking up the rays, the gentle sound of cascading water creates a serene atmosphere, perfect for unwinding after a long day. The charming pool house offers a convenient space for changing, storing pool essentials, or taking a break from the sun when needed. As the day turns into night, gather with friends and family around the custom fire pit area. With comfortable seating, it's the ideal spot for roasting marshmallows, sharing stories, or simply enjoying the warmth on a cool evening. Beautifully manicured landscaping surrounds the entire area, enhancing the natural beauty. This home is perfect for those who appreciate the finer details and timeless elegance. Don't miss out on the opportunity to own this piece of history with all the comforts of today!

Details

Property type

Single Family Residence

Est. home value

$748,130

Lot size

0.35 acres

Price per sq ft

$310

Year built

1850

Annual property taxes

$6,244.33

Price History

11/18/2024
GeorgiaMLS

GeorgiaMLS #10344652

Price change
$1,195,000
-4.02%
10/23/2024
GeorgiaMLS

GeorgiaMLS #10344652

Price change
$1,245,000
-2.35%
07/24/2024
GeorgiaMLS

GeorgiaMLS #10344652

Listed
$1,275,000

Schools & Community

Elementary school: 

Morgan County Primary/Elementa

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

$883,201
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$216,199
Cash to seller
$883,201

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 Bank

Loan start date

October 2017

Original loan amount

$253,000

Est. remaining balance

$216,199

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Rhonda Joyce Rutherford and Monte Allen Rutherford

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?

Similar Homes Nearby

Price drop
GeorgiaMLS
$1,100,000
4 bd
|
3.5 ba
|
3,516 sq ft
|
House

1020 Club Cove Dr, Greensboro, GA 30642

Price drop
FMLS
$1,290,000
4 bd
|
3.5 ba
|
4,561 sq ft
|
House

1021 Ridge Ter, Greensboro, GA 30642

GeorgiaMLS
$1,299,900
3 bd
|
3 ba
|
3,312 sq ft
|
House

2701 Newborn Rd, Mansfield, GA 30055

Status: Active

Tomo last checked: 12/23/2024 at 7:00 AM

Listing updated: 11/21/2024 at 7:25 AM

Listed by: Rhonda Smith, Keller Williams Lake Oconee

MLS: GeorgiaMLS #10344652

GeorgiaMLS logo

Recently listed in Madison

$699,900|5 bd|4.5 ba|House
$449,500|3 bd|2.0 ba|House
$299,900|3 bd|2.0 ba|Manufactured
$599,900|4 bd|2.0 ba|House
$339,900|3 bd|2.0 ba|House
$524,900|5 bd|3.5 ba|House
$1,800,000|5 bd|4.5 ba|House
$925,000|3 bd|2.5 ba|House
$350,000|3 bd|2.0 ba|House
$749,999|4 bd|3.0 ba|House