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$199,900

Beds
1
Baths
1.0
sq ft
928

351 E Washington St, Madison, GA 30650

351 E Washington St

Madison, GA 30650

  • 64 days on market
    • Price drop $10,000↓
Step into timeless charm with this beautifully updated 1BR/1BA cottage in the heart of Downtown Madison's Historic District. This inviting home perfectly blends historic character with modern updates, offering a cozy retreat just steps from local dining, boutique shopping, and top-rated schools. Relax on the classic rocking chair front porch or explore the vibrant downtown, all within walking distance on charming sidewalks. Conveniently located just 2.5 miles from I-20 for an easy commute. Don't miss this rare opportunity to own a piece of Madison's rich history in one of its most sought-after locations!

Details

Property type

Single Family Residence

Est. home value

$218,146

Property condition

Updated/Remodeled

Lot size

0.63 acres

Price per sq ft

$216

Year built

1950

Annual property taxes

$2,254.53

HOA

No

Price History

03/18/2025
GeorgiaMLS

GeorgiaMLS #10450801

Price change
$199,900
-4.76%
03/05/2025
GeorgiaMLS

GeorgiaMLS #10450801

Price change
$209,900
-5.66%
01/31/2025
GeorgiaMLS

GeorgiaMLS #10450801

Listed
$222,500
+7.49%

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

-$15,580
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$199,488
Cash to seller
-$15,580

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

$199,488

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: 04/05/2025 at 2:35 AM

Listing updated: 03/30/2025 at 9:40 PM

Listed by: Angel Curry, The American Realty

MLS: GeorgiaMLS #10450801

GeorgiaMLS logo

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