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Backup Offers

262 W Washington St, Madison, GA, 30650

$1,349,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
4 Full Baths, 1 Partial
4,780 SqFt
$282/SqFt
Condo

Location

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262 W Washington St, Madison$1,349,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Garage Door Opener, Garage Faces Rear
Garage2 spaces
Year Built2006
HeatingCentral, Natural Gas
CoolingCentral Air, Electric, Multi Unit(s)
BasementYes
WaterfrontNone
FireplaceGas Starter, Great Room, Master Bedroom
ViewCity, Park, Trees/Woods
MLS #7301822
Lot Size0.00 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 262 W Washington St

This jewel box penthouse perched above The James Madison Inn is the pinnacle of fine-living in downtown Madison, Georgia’s Historic District. Enjoy panoramic views of Madison Town Park, Madison Markets mixed-use complex, and beautiful tree-lines from five private balconies. With countless architectural details including 12-ft ceilings, opulent wall coverings, solid-walnut hardwoods, arch-top walnut doors with Baldwin hardware, rich stone and glass tile finishes – no expense was spared in this luxury build, with interiors designed by Architectural Digest and One Kings Lane-acclaimed NY designer, Tricia Foley. From the south elevator, a long hall with tall, arched venetian plaster ceilings leads to a set of impressive brass-clad doors handcrafted by renowned local sculptor Tom Prachnow. Inside, a two-story foyer shapes impeccable first impressions and transports down the spacious center hall to the welcoming oversized living room where soft light pours into the home from tall, insulated windows. An open chef's kitchen features a massive island with bar seating, Viking and KitchenAid appliances, Kohler fixtures, thoughtfully-designed custom cabinetry and bookshelves, a walk-in pantry and much more. The grand dining room is perfect for entertaining and dinner parties, complimented by a sleek adjacent keeping room and wet bar with under-counter ice-maker, whole-home stereo control cabinet, and accent lighting. The keeping room, centered between the bar, kitchen, and dining rooms, opens onto a private balcony overlooking Town Park. A mezzanine loft, accessed by a Waupaca private interior elevator in the foyer, offers additional study, gym and recreation space with juliet balcony and passage to one of the only rooftop patios in the city. The mezzanine loft is adorned with grasscloth wallpaper, walnut and carpet flooring, and features a set of interior french doors that open into the grand two-story foyer. Steps lead up to the exclusive rooftop patio, floored with Trex decking and surrounded by natural stone-clad walls on two sides, sconce lighting, built-in planters with irrigation, custom-cushioned seating and a bar with water taps. The sleeping quarters below are secluded on the penthouse’s Eastern wing, allowing separation from entertainment spaces. The large primary bedroom suite features a sitting area with built-ins and dual lavish bathrooms, each with custom walk-in closets with skylights, water closets, rain showers, and custom vanities. One of the master bathrooms, adorned with beautiful pecky cyprus, features its own steam shower and sauna rooms. The two guest bedrooms are located further down the east hall and feature their own spacious closets, tastefully designed baths (one with a shower-tub combo) and attached private balconies. The laundry room with utility sink and storage, as well as supply and linen closets, are located in the guest hallway for housekeeper convenience. The private balcony off of the rear bedroom features a "potting" room for garden enthusiasts, with water hookups and power for heaters to keep tropical plants safe in winter. Beyond the walls of the Penthouse, enjoy the unparalleled service, amenities and convenience of the James Madison Inn’s guest reception, breakfast lounge and reservable boardroom in addition to complimentary membership at Madison’s Uptown Athletic Club. The unit also includes a private wine cellar with hand-crafted iron gate as well as an oversized storage room, the only one of its kind in the building. This Penthouse is served by two Otis elevators, one with private 3rd floor lockout on the Lobby side, and the other on the parking garage side of the building. Two highly-coveted garage parking spaces are included in the sale, and the building is kept secure by wifi-enabled keypad entry doors, security cameras, as well as the on-site staff of the James Madison Inn. This level of luxury and comfort in the walkable downtown of "The Best Small Town In America" simply cannot be beat!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2006
  • Living Area: 4,780 SqFt

Listing Office:

  • Office Name: Sargasso Realty
  • Listing Agent: Jeffrey Royal

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Stone
  • Interior: Bookcases, Crown Molding, Elevator, Entrance Foyer 2 Story, High Speed Internet, His and Hers Closets, Low Flow Plumbing Fixtures, Sauna, Sound System, Walk-In Closet(s), Wet Bar, Other
  • Fireplace: Gas Starter, Great Room, Master Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, Park, Trees/Woods
  • Exterior: Awning(s), Balcony, Courtyard, Lighting, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Garage, Garage Door Opener, Garage Faces Rear

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric, Multi Unit(s)

Other

Directions Information:

  • Directions: From I-20, turn left at the first stoplight at the square in downtown onto W Washington St, pass town park and take an immediate left in front of the James Madison Inn and park in from of the hotel main entrance. Meet in hotel lobby for showing. If coming south (from Athens) continue south on Main St and turn right at the second stoplight in the square downtown onto West Washington St before turning left in front of James Madison Inn.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,349,000
  • Price Per SqFt: $282/SqFt

HOA Fees:

  • Amount: $1138
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,024
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Madison, GA.

Med. Sold Price

$464K

Med. Price/SqFt

$205

Avg. Days On Market

35

# of Sold Homes

18

262 W Washington St vs Madison

378 DAYS ON ROCKET

+343 Days

$1,349,000

+$885K More

$282/SqFt

+$76 More

KEY TAKEAWAY

This property is $885K more than the Median Sold Price and $76/SqFt more than other homes in Madison, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7301822

Listing Office:

  • Office Name: Sargasso Realty
  • Listing Agent: Jeffrey Royal

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 5:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,024$268,589
2019$8,101$259,536
2018$7,936$259,536
2017$8,041$259,536

History based on county public records data.

Payment Calculator

$7,938

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,111

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-682444
6
/10
  • Morgan County Elementary School

  • 1640 Old Buckhead Rd

  • 1.54 miles

  • Public District Grades 3-5

school-card-donut-682445
7
/10
  • Social Circle Elementary School

  • 240A W Hightower Trl

  • 14.76 miles

  • Public District Grades 3-5

school-card-donut-682446
4
/10
  • Harmony Elementary School

  • 934 Harmony Church Rd NE

  • 14.97 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,109. Residents of Madison, GA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 262 W Washington St

What is the listing price of this property?

The listing price of 262 W Washington St property is $1,349,000.

What type of property is this?

The property 262 W Washington St is a condo located in Madison, Georgia, 30650.

Is this property for sale now?

Accepting Backup Offers: 262 W Washington St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,024 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 262 W Washington St has 3 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 262 W Washington St is 4,780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 262 W Washington St is 2006.

Rocket HomesGeorgiaMorgan CountyMadison30650262 W Washington St

This home is located at 262 W Washington St in Madison, GA and zip code 30650. This 4,780 square foot home, which was built in 2006, sits on a 0.00 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 10, 2023 and is currently priced at $1,349,000.

While more than 1 listings in Madison, GA in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Madison, GA increased by 9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $464,000, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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