508 Magnolia St, Douglas, GA, 31533
About This Home
This 2-bedroom, 1-bath home in Douglas is a prime investor's special with plenty of potential to make it your next profitable project. Featuring a functional layout and solid structure, this property is ready for updates and personal touches to bring it back to life. Conveniently located near local shops, schools, and dining, it offers great value for investors or buyers looking for a fixer-upper opportunity. Whether you're looking to renovate and resell or add to your rental portfolio, this home is full of possibilities.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Block
- Roof: Metal
- Construction materials: Block,Sheetrock Walls
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Electric Water Heater
- Laundry features: Laundry Room Location (Utility)
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Window features: Blinds
- Flooring: Carpet,Laminate
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 744
- Total interior livable area: 744 sqft
Property
Details
- Parcel number: D014 008
- Zoning: R
Features
- Stories: 1
- Pool features: None
- Fencing: None
- Waterfront features: None
Lot
- Lot size: 4,791 sqft
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Earthquake
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $318 | $3,816 |
| Home Insurance * | $247 | $2,964 |
| Property Taxes | $31 | $372 |
| Electricity | $219 | $2,637 |
| Total | $815 | $9,780 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-29 | Price change | $62,999 |
| 2026-05-20 | Listed for sale | $64,900 |
| 2022-09-15 | Sold | $80,000 |
| 2018-06-19 | Listing removed | $35,000 |
| 2018-03-08 | Listed for sale | $35,000 |
| 2017-04-25 | Sold | $6,000 |
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