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$222,500

Beds
1
Baths
1.0
sq ft
928

351 E Washington St, Madison, GA 30650

351 E Washington St

Madison, GA 30650

  • 24 days on market
Nestled in the heart of Downtown Madison's Historic District, this beautifully updated 1BR/1BA cottage blends timeless charm with modern convenience. Enjoy a prime location on your rocking chair front porch just steps from local dining, shopping, and top-rated schools, with sidewalks leading you straight to the vibrant downtown scene. The home's recent renovations enhance its cozy appeal, making it a perfect place to call home. Conveniently located just 2.5 miles to I-20, offering an easy commute, and only 29 miles to UGA in Athens. Don't miss this rare opportunity to own a piece of Madison's history in one of the most sought-after areas!

Details

Property type

Single Family Residence

Est. home value

$218,146

Property condition

Updated/Remodeled

Lot size

0.63 acres

Price per sq ft

$240

Year built

1950

Annual property taxes

$2,254.53

HOA

No

Price History

01/31/2025
GeorgiaMLS

GeorgiaMLS #10450801

Listed
$222,500
+7.49%
05/27/2022
GeorgiaMLS

GeorgiaMLS #10026280

Sold
$207,000
+69.67%
12/21/2018
GeorgiaMLS

GeorgiaMLS #8499662

Sold
$122,000

Schools & Community

Elementary school: 

Morgan County Primary/Elementa

Middle school: 

Morgan County

High school: 

Morgan County

Community features: 

Sidewalks, Street Lights

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

$4,611
Asking price
$222,500
Closing costs (~8% of asking)
-$17,800
Est. remaining loan balance
-$200,089
Cash to seller
$4,611

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

Seller’s Loan History

Lender

Crescent Mortgage

Loan start date

May 2022

Original loan amount

$209,090

Est. remaining balance

$200,089

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Spencer Lee Beaver

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?

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Status: Active

Tomo last checked: 02/24/2025 at 8:10 AM

Listing updated: 02/14/2025 at 2:01 PM

Listed by: Angel Curry, The American Realty

MLS: GeorgiaMLS #10450801

GeorgiaMLS logo

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