$5,343 Closing Credit¹
#7549081, THONGSINH A SOVIRAVONG, Listing Office: HomeSmart
$449,900 List price
7040 Magnolia Park Ln Norcross, GA 30093
$5,343
Closing credit¹
4 beds
2 full, 1 partial
1,860 sqft
0.9 acres
$242 / sqft
House
Property details
About 7040 Magnolia Park Ln
This is the one your buyer will love! Welcome to this beautiful 4-bedroom, 2.5-bathroom home nestled in a quiet subdivision just off Osborne Drive, conveniently located with easy access to highways I85 & I285 and Graves Charter Elementary school. The home has been lovingly and meticulously cared for by the original owner for 27 years. Pristine move-in ready condition with many upgrades that include: new white cabinetry with slow close drawers, a new roof, new HVAC, new water heater, new luxury vinyl plank flooring and fresh paint throughout. The kitchen has been beautifully upgraded with brand new Samsung stainless steel smart appliances (refrigerator not included), pre-wired for surround sound system, and the half bath has been tastefully upgraded with a sleek floating vanity and porcelain flooring. Enjoy 2 spacious semi private decks, ideal for peaceful outdoor moments and a beautiful view to watch the sunset. The first deck is off the kitchen and the second deck is off the unfinished basement. The basement space is ready for your buyer's creativity to transform into a gym, home theater, apartment or airbnb space, whatever they desire with plumbing already in place for an additional bathroom. Need storage space, there's another basement! Yes you heard 2 spacious decks and 2 huge basements. The spacious primary bedroom boasts vaulted ceilings and a large walk-in closet, while the attached en-suite bath features a separate shower and a luxurious jetted Jacuzzi tub- the perfect place to relax after a long day. Enjoy the best of both worlds with easy access to the city and a scenic walking trail from the subdivision that leads directly to Graves Park. This will not last long, it's a gem!
Highlights
Home typeSingle Family Residence
HeatingCentral, Forced Air, Natural Gas
StatusActive
(New)
(New)
CoolingCeiling Fan(s), Central Air, Electric, Zoned
Size1,860 sqft
BasementYes
Lot size0.88 Acres
Year built1997
ParkingAttached, Garage, Garage Door Opener, Kitchen Level
MLS #10492198
Attached garageYes
FireplaceFactory Built, Family Room
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Cooktop, Dishwasher, Microwave
- Basement: Yes
- Flooring Type: Carpet, Other
- Interior: Separate Shower, Soaking Tub, Split Bedroom Plan, Walk-In Closet(s)
- Fireplace: Factory Built, Family Room
- Total Bedroom Count: 4
- Attached Garage: Yes
- Parking: Attached, Garage, Garage Door Opener, Kitchen Level
- Exterior: Garden
- Architectural Style: Traditional
- Heating: Central, Forced Air, Natural Gas
- Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
- List Price: $449,900
- Price/SqFt: $241
- Annual Tax Amount: $3,120
- Tax Year: 2023
- Lot: Cul-De-Sac, Private
- Directions: Please use GPS for directions.
- Year Built: 1997
- Living Area: 1,860 SqFt
- Lot Size: 0.88 Acres
- MLS Number: 10492198
- MLS Name: Georgia MLS 2
- Office Name: Method Real Estate Advisors
- Listing Agent: LaQuintta D Newton
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 12:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,900
7040 Magnolia Park Ln
$5,343
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $136,400 | $3,120 |
| 2022 | $99,480 | $2,861 |
| 2021 | $99,480 | $2,861 |
| 2019 | $87,800 | $2,577 |
| 2018 | $80,280 | $2,221 |
| 2017 | $69,680 | $2,023 |
History based on county public records data.
Nearby schools
3
Graves Elementary School
Public District KG-5
0.4 mi
•1700 Graves Rd
3
Pleasantdale Elementary School
Public District PK-5
0.6 mi
•3680 Pleasantdale Rd
5
Oakcliff Elementary School
Public District PK-5
1.7 mi
•3151 Willow Oak Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,216. Most Norcross, GA residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
54%
<35k
41%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
55%
Single, No Kids
19%
Single, with Kids
6%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
6%
12-17 yrs old
43%
18-34 yrs old
27%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
NBA/WNBA
UFC
Where do the neighbors shop?
Burlington
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Cicis Pizza
Starbucks
Burger King
What do the neighbors drive?
Pontiac
Buick
Dodge
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7040 Magnolia Park Ln
The listing price of 7040 Magnolia Park Ln property is $449,900.
The property 7040 Magnolia Park Ln is a house located in Norcross, Georgia, 30093.
Active Listing: 7040 Magnolia Park Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7040 Magnolia Park Ln are: Graves Elementary School (GreatSchools Rating 3/10), Pleasantdale Elementary School (GreatSchools Rating 3/10), Oakcliff Elementary School (GreatSchools Rating 5/10), Sequoyah Middle School (GreatSchools Rating 3/10), Henderson Middle School (GreatSchools Rating 4/10), Brookhaven Innovation Academy (GreatSchools Rating 6/10), Georgia Fugees Academy Charter School (GreatSchools Rating 5/10), Tapestry Public Charter School (GreatSchools Rating 5/10), Tucker High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $3,120 (source: MLS/based on county public records data).
The property at 7040 Magnolia Park Ln has 4 bedrooms and 2 full and 1 half bathrooms.
The property 7040 Magnolia Park Ln is 1,860 SqFt (source: MLS/tax record).
The year of construction for 7040 Magnolia Park Ln is 1997.
This home is located at 7040 Magnolia Park Ln in Norcross, GA and zip code 30340 in the Magnolia neighborhood. This 1,860 square foot home, which was built in 1997, sits on a 0.88 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $449,900.
Norcross, GA housing market in April 2025 saw over 14 listings sold above listed price, more than 8 sold at listed price and over 8 sold below. The number of listings in Norcross, GA increased by 23.3% between March and April 2025. Listings spent 34 days on the market in April 2025, and had a median list price of $346,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.