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Active50 days listed

8423 Magnolia Drive, Jonesboro, GA 30238

  • 3bd
  • 2ba
  • 1,201SF
  • 0.26ac lot

Single-family homeMarkland

List price

$205,300

$171/SF list

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FMLS IDXFMLS #7837439 · Listing Provided By Elated Real Estate Corporation · 404-996-0874 · Listing agent Kristal Elam

Location

8423 Magnolia Drive, Jonesboro GA 30238

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About this home

SELLER-PAID RATE BUYDOWN AVAILABLE! Get a lower interest rate and reduced monthly mortgage payments when you purchase this home. Incentive is subject to an acceptable offer, buyer qualification, loan-program requirements and lender approval. Ask for details! Beautiful 3 Bedroom 1.5 Bath Split Level Home! Welcome home to Jonesboro, GA! This spacious 3-bedroom, 1.5-bath split-level home offers comfortable living, fresh updates, and convenient access to everyday essentials. Fresh paint and new flooring! The home also features a partial basement, providing additional storage space or flexibility for your needs. Enjoy relaxing outdoors on the covered back deck, which overlooks a private backyard perfect for enjoying your morning coffee, entertaining guests, or unwinding after a long day. Situated on a corner lot in a quiet neighborhood, this home offers both space and privacy while remaining conveniently located. One of the biggest conveniences is the location. The property is within walking distance of a grocery store and public transportation, making everyday errands and commuting easier. This property is also a part of an Investor opportunity: **7-property single-family rental portfolio** offered as a package sale across South Metro Atlanta. The portfolio includes properties in Riverdale, Jonesboro, College Park/South Fulton, and Southwest Atlanta, providing a diversified residential investment opportunity with established rental demand and long-term income potential.

How this list price compares in Jonesboro

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
3
Full baths
1
Half baths
1
Living area
1,201 SF
Lot size
0.26 acres
Year built
1972
Levels
Two
Main-level bedrooms
0
Parking
Parking Lot
Basement
Finished
Style
Other
Construction
Brick 3 Sides, Other
Roof
Other
Flooring
Carpet, Tile, Vinyl
Heating
Central
Cooling
Central Air
Fireplaces
1
Appliances
Other
Lot
Other
HOA
No
Annual tax
$3,753 (2025)
County
Clayton

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $205,300 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$1,784/mo

Principal and interest
$1,269
Property tax
$313
Home insurance
$125
Mortgage insurance
$77
Loan amount
$184,770
Cash down
$20,530

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

Similar homes for sale in Jonesboro

Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Elated Real Estate Corporation, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Jonesboro?

See the similar homes section on this page, or browse all homes for sale in Jonesboro, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

Other property types for sale

Investor research and tools

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